Smith A O (AOS) Return on Capital Employed [ROCE] (2010 - 2026)
Smith A O (AOS) recorded Return on Capital Employed [ROCE] of 23.97% in Q3 2026, down 6.60 percentage points from 30.57% a year earlier and down 0.12 percentage points from the prior quarter.
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Analysis
Smith A O (AOS) Return on Capital Employed [ROCE] (2010 - 2026) Analysis & Trends
For FY2025, Smith A O reported Return on Capital Employed [ROCE] of 31.26%, up 1.25 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] has a five-year change of +11.46 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Capital Employed [ROCE] came in at 30.01% in FY2024 (-1.72 pp), 31.73% in FY2023 (+5.05 pp), 26.68% in FY2022 (-1.04 pp) and 27.72% in FY2021 (+7.92 pp).
- The Q3 2026 figure is the lowest quarterly Return on Capital Employed [ROCE] since Q1 2021.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined for three consecutive quarters, with an average year-over-year change of -2.95 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Capital Employed [ROCE] in the last five years was a gain of 6.67 percentage points in Q4 2021, against a drop of 6.60 percentage points in Q3 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 24.09% (Q2 2026), 28.07% (Q1 2026) and 31.73% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 25.76% |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 10.95% |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | -4.09% |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 30.59% |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 73.03% |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 6.26% |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 36.93% |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 20.57% |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 19.33% |
| 10 | Smith A O | 8.74 Bn | 7.93 Bn | 364.70 Mn | 23.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 23.97% |
| Jun 30, 2026 | 24.09% |
| Mar 31, 2026 | 28.07% |
| Dec 31, 2025 | 31.73% |
| Sep 30, 2025 | 30.57% |
| Jun 30, 2025 | 29.22% |
| Mar 31, 2025 | 29.81% |
| Dec 31, 2024 | 31.17% |
| Sep 30, 2024 | 31.97% |
| Jun 30, 2024 | 33.06% |
| Mar 31, 2024 | 32.96% |
| Dec 31, 2023 | 33.49% |
| Sep 30, 2023 | 32.30% |
| Jun 30, 2023 | 29.63% |
| Mar 31, 2023 | 28.04% |
| Dec 31, 2022 | 28.05% |
| Sep 30, 2022 | 27.59% |
| Jun 30, 2022 | 27.29% |
| Mar 31, 2022 | 26.47% |
| Dec 31, 2021 | 26.87% |
API Access
Smith A O Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "AOS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=AOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();