Smith A O AOS
NYSE AOS
$56.70 -1.13 (-1.95%)
As of: Sep 10, 2026 · 3:59 PM EDT

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

Smith an O's (AOS) quarterly Operating Margin came in at 16.68% in Q2 2026, down 367.0% on a YoY basis from 6.25% in Q2 2025, and down 2.53% quarter-over-quarter from 17.11% in Q1 2026.

Analysis

Smith A O (AOS) Operating Margin (2010 - 2026) Analysis & Trends

Smith an O (AOS) has reported Operating Margin for 17 consecutive years, with 16.68% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin fell 367.0% year-over-year to 16.68%; the trailing twelve-month figure through Jun 2026 stood at 17.57% (down 104.0% YoY), and the FY2025 full-year result was 19.01%, up 69.0% from the prior year.
  • Operating Margin slipped to 16.68% in Q2 2026 per AOS's latest filing, from 17.11% in the prior quarter.
  • Across five years, Operating Margin topped out at 21.27% in Q2 2023 and bottomed at 16.55% in Q1 2022.
  • Historically, Operating Margin has averaged 18.52% across 5 years, with a median of 18.67% in 2023.
  • The sharpest annual moves came in 2023 and 2026: Operating Margin jumped 391 bps in 2023, then slumped 367 bps in 2026.
  • Over 5 years, Operating Margin stood at 19.2% in 2022, then fell by 3 bps to 18.7% in 2023, then decreased by 9 bps to 17.11% in 2024, then grew by 5 bps to 17.95% in 2025, then dropped by 7 bps to 16.68% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 16.68%, 17.11%, and 17.95% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Trane Technologies 97.21 Bn 95.89 Bn 2.26 Bn 19.27%
2 Johnson Controls International 86.90 Bn 86.26 Bn 2.47 Bn 14.92%
3 Comfort Systems Usa 56.02 Bn 54.17 Bn 844.23 Mn 17.09%
4 Carrier Global 46.82 Bn 45.47 Bn 1.94 Bn 12.99%
5 Lennox International 12.94 Bn 12.88 Bn 539.50 Mn 22.97%
6 Modine Manufacturing 9.45 Bn 9.37 Bn - -
7 SPX Technologies 9.35 Bn 9.18 Bn 272.80 Mn 16.94%
8 Smith A O 7.76 Bn 7.58 Bn 387.80 Mn 16.68%
9 Aaon 6.28 Bn 6.28 Bn 152.49 Mn 10.99%
10 Csw Industrials 4.83 Bn 4.79 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 16.68%
Mar 31, 2026 17.11%
Dec 31, 2025 17.95%
Sep 30, 2025 18.63%
Jun 30, 2025 20.35%
Mar 31, 2025 18.96%
Dec 31, 2024 17.11%
Sep 30, 2024 17.80%
Jun 30, 2024 20.26%
Mar 31, 2024 19.67%
Dec 31, 2023 18.70%
Sep 30, 2023 19.34%
Jun 30, 2023 21.27%
Mar 31, 2023 19.34%
Dec 31, 2022 19.20%
Sep 30, 2022 17.10%
Jun 30, 2022 17.36%
Mar 31, 2022 16.55%
Dec 31, 2021 17.72%
Sep 30, 2021 17.79%