Smith A O (AOS) Return on Invested Capital [ROIC] (2010 - 2026)
Smith A O (AOS) recorded Return on Invested Capital [ROIC] of 20.76% in Q3 2026, down 5.38 percentage points from 26.14% a year earlier and down 0.10 percentage points from the prior quarter.
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Analysis
Smith A O (AOS) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Smith A O reported Return on Invested Capital [ROIC] of 27.19%, up 0.90 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a five-year change of +9.71 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at 26.29% in FY2024 (-1.29 pp), 27.58% in FY2023 (-4.38 pp), 31.97% in FY2022 (+8.18 pp) and 23.79% in FY2021 (+6.30 pp).
- The Q3 2026 figure is the lowest quarterly Return on Invested Capital [ROIC] since Q1 2021.
- On a year-over-year basis, Return on Invested Capital [ROIC] has declined for three consecutive quarters, with an average year-over-year change of -2.74 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 10.68 percentage points in Q3 2023, against a drop of 7.02 percentage points in Q3 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.86% (Q2 2026), 24.04% (Q1 2026) and 27.50% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 88.43 Bn | 83.04 Bn | 2.38 Bn | 25.73% |
| 2 | Johnson Controls International | 81.95 Bn | 79.68 Bn | 2.47 Bn | 10.45% |
| 3 | Carrier Global | 43.09 Bn | 37.47 Bn | 1.90 Bn | -4.60% |
| 4 | Comfort Systems Usa | 35.64 Bn | 29.60 Bn | 934.48 Mn | 15.98% |
| 5 | Otis Worldwide | 30.11 Bn | 26.50 Bn | 1.16 Bn | 62.19% |
| 6 | James Hardie Industries | 16.21 Bn | 15.14 Bn | 562.40 Mn | 4.61% |
| 7 | Masco | 16.11 Bn | 13.92 Bn | 720.00 Mn | 35.31% |
| 8 | Allegion | 15.72 Bn | 14.35 Bn | 548.20 Mn | 18.36% |
| 9 | Carlisle Companies | 14.80 Bn | 11.71 Bn | 494.90 Mn | 17.80% |
| 10 | Smith A O | 8.74 Bn | 7.93 Bn | 364.70 Mn | 20.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 20.76% |
| Jun 30, 2026 | 20.86% |
| Mar 31, 2026 | 24.04% |
| Dec 31, 2025 | 27.50% |
| Sep 30, 2025 | 26.14% |
| Jun 30, 2025 | 25.01% |
| Mar 31, 2025 | 25.51% |
| Dec 31, 2024 | 26.53% |
| Sep 30, 2024 | 27.93% |
| Jun 30, 2024 | 28.95% |
| Mar 31, 2024 | 29.37% |
| Dec 31, 2023 | 28.85% |
| Sep 30, 2023 | 34.95% |
| Jun 30, 2023 | 33.09% |
| Mar 31, 2023 | 32.38% |
| Dec 31, 2022 | 31.92% |
| Sep 30, 2022 | 24.27% |
| Jun 30, 2022 | 24.60% |
| Mar 31, 2022 | 24.38% |
| Dec 31, 2021 | 23.54% |
API Access
Smith A O Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=AOS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=AOS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();