Smith A O (AOS) Operating Margin (2010 - 2026)

Smith an O has reported Operating Margin for 17 years, with the latest figure at 17.11% in Q1 2026.

• For the quarter ending Q1 2026, Operating Margin fell 185.0% year-over-year to 17.11%; the trailing twelve-month figure through Mar 2026 stood at 18.55% (down 5.0% YoY), and the FY2025 full-year result was 19.01%, up 69.0% from the prior year.
• Operating Margin for Q1 2026 stood at 17.11%, down from 17.95% in the prior quarter.
• The five-year high for Operating Margin was 21.27% in Q2 2023, with the low at 16.55% in Q1 2022.
• Historically, Operating Margin has averaged 18.63% across 5 years, with a median of 18.7% in 2023.
• Annual changes were most pronounced in 2023 — Operating Margin soared 391 bps — and 2026, when it plunged 185 bps.
• Smith an O's Operating Margin stood at 19.2% in 2022, then dropped by 3 bps to 18.7% in 2023, then fell by 9 bps to 17.11% in 2024, then advanced by 5 bps to 17.95% in 2025, then dropped by 5 bps to 17.11% in 2026.
• The last three Operating Margin figures came in at 17.11% (Q1 2026), 17.95% (Q4 2025), and 18.63% (Q3 2025), per Business Quant data.