A. O. Smith Corporation (AOS) quarterly balance sheet — complete assets, liabilities & equity history
A. O. Smith Corporation (AOS) balance sheet — 30-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 1.41B | 1.39B | 1.37B | 1.29B | 1.32B | 1.39B | 1.42B | 1.39B | 1.41B | 1.48B | 1.46B | 1.5B | 1.5B | 1.56B | 1.64B | 1.63B | 1.57B | 1.63B | 1.72B | 1.75B |
| Cash & Short-Term Investments | 234.5M | 181.3M | 203.9M | 193.2M | 172.8M | 177.9M | 200.2M | 276.1M | 255.6M | 233.3M | 303.1M | 363.4M | 341.8M | 409.7M | 496M | 481.8M | 417.1M | 459.4M | 579.4M | 631.4M |
| Cash Only | 234.5M | 181.3M | 185.2M | 174.5M | 152.7M | 177.9M | 173M | 239.6M | 219.3M | 216.1M | 251.6M | 339.9M | 281M | 378.9M | 406.2M | 391.2M | 358.8M | 359.4M | 405.8M | 443.3M |
| Short-Term Investments | 0 | 0 | 18.7M | 18.7M | 20.1M | 0 | 27.2M | 36.5M | 36.3M | 17.2M | 51.5M | 23.5M | 60.8M | 30.8M | 89.8M | 90.6M | 58.3M | 100M | 173.6M | 188.1M |
| Accounts Receivable | 612.9M | 669.8M | 634.1M | 582.3M | 589M | 640.3M | 641.5M | 541.4M | 558.2M | 649.9M | 584.6M | 596M | 587.4M | 588.9M | 586.8M | 581.2M | 564.2M | 621.5M | 608.3M | 634.4M |
| Days Sales Outstanding | 62.74 | 59.07 | 57.89 | 59.05 | 60 | 57.67 | 55.22 | 55.44 | 61.57 | 54.84 | 54.88 | 55.09 | 57.72 | 55.68 | 54.39 | 56.28 | 62.39 | 57.93 | 57.2 | 58.14 |
| Inventory | 509.3M | 482.7M | 488.5M | 479.3M | 507.3M | 519.3M | 532.6M | 532.1M | 554.9M | 544.7M | 522.3M | 497.4M | 519M | 508.5M | 503.7M | 516.4M | 525.6M | 493M | 488.7M | 447.7M |
| Days Inventory Outstanding | 79.25 | 71.68 | 75.1 | 80.74 | 81.7 | 77.92 | 81.41 | 87.07 | 89.48 | 77.17 | 78.02 | 75.62 | 81.31 | 79.94 | 77.5 | 81.59 | 82.32 | 70.73 | 66.24 | 58.35 |
| Other Current Assets | 54.3M | 55.5M | 41.9M | 36.7M | 47M | 51M | 47.8M | 43.3M | 43.8M | 53.4M | 51.5M | 43.5M | 56.3M | 54.2M | 57.3M | 54.3M | 62.7M | 57.3M | 45M | 39.1M |
| Total Non-Current Assets | 2.24B | 2.26B | 2.28B | 1.85B | 1.85B | 1.86B | 1.85B | 1.85B | 1.74B | 1.72B | 1.72B | 1.71B | 1.7B | 1.69B | 1.69B | 1.7B | 1.66B | 1.69B | 1.71B | 1.72B |
| Property, Plant & Equipment | 665.8M | 668.7M | 684M | 681.4M | 678.6M | 674.5M | 669M | 661.5M | 657M | 636.8M | 634.7M | 634.8M | 614.4M | 609.4M | 617.8M | 620.5M | 614.9M | 623.8M | 636.7M | 639.2M |
| Fixed Asset Turnover | 1.41x | 1.48x | 1.39x | 1.34x | 1.39x | 1.51x | 1.45x | 1.38x | 1.40x | 1.61x | 1.54x | 1.58x | 1.53x | 1.57x | 1.56x | 1.52x | 1.41x | 1.53x | 1.53x | 1.63x |
| Goodwill | 913.9M | 915.2M | 919.9M | 710.6M | 710M | 713.6M | 707.1M | 761.7M | 651.7M | 650.4M | 651.5M | 633.4M | 630.5M | 622.1M | 619.9M | 619.7M | 619.3M | 627.4M | 628.8M | 627.8M |
| Intangible Assets | 582.3M | 589M | 598.7M | 362.3M | 366.1M | 372M | 373.9M | 321.1M | 327.2M | 329.8M | 333.5M | 336.7M | 338.6M | 342.8M | 344.8M | 347.9M | 349.8M | 357.5M | 360.4M | 364.8M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 82M | 82.3M | 79.3M | 97M | 99.9M | 98.1M | 95.6M | 102.8M | 105.8M | 99.3M | 101M | 108.7M | 112.1M | 113.2M | 110M | 110.5M | 78.3M | 81.5M | 87.6M | 90M |
| Total Assets | 3.65B | 3.64B | 3.65B | 3.14B | 3.17B | 3.25B | 3.27B | 3.24B | 3.15B | 3.2B | 3.18B | 3.21B | 3.2B | 3.25B | 3.34B | 3.33B | 3.23B | 3.32B | 3.43B | 3.47B |
| Asset Turnover | 0.26x | 0.28x | 0.28x | 0.29x | 0.29x | 0.31x | 0.30x | 0.29x | 0.28x | 0.32x | 0.31x | 0.31x | 0.29x | 0.29x | 0.29x | 0.29x | 0.27x | 0.29x | 0.28x | 0.29x |
| Asset Growth % | 15.27% | 12.25% | 11.71% | -3% | 0.52% | 1.54% | 2.69% | 0.81% | -1.43% | -1.58% | -4.62% | -3.55% | -0.98% | -2.19% | -2.87% | -4.09% | -2.06% | 5.77% | 10.56% | 9.93% |
| Total Current Liabilities | 862M | 871.7M | 878.1M | 862.5M | 852.5M | 843M | 882.1M | 897.2M | 844.2M | 872.4M | 883.4M | 945.3M | 895.6M | 860.7M | 895.7M | 934.2M | 900.9M | 928.3M | 1B | 1.12B |
| Accounts Payable | 516.6M | 525.7M | 543M | 504.1M | 521.4M | 521.8M | 541M | 588.7M | 555.9M | 574.6M | 557.7M | 600.4M | 561.8M | 545.1M | 550.4M | 625.8M | 595.6M | 624.5M | 658.7M | 745.9M |
| Days Payables Outstanding | 83.27 | 78.87 | 81.25 | 83.92 | 83.02 | 78.73 | 86.38 | 91.68 | 91.99 | 81.89 | 88.61 | 86.46 | 87.59 | 86.52 | 89.36 | 95.63 | 98.6 | 92.46 | 99.37 | 101.11 |
| Short-Term Debt | 41M | 39.5M | 41.6M | 42.3M | 19M | 19.2M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 10M | 6.8M | 6.8M | 6.8M | 6.8M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 71.2M | 71.6M | 73.4M | 75M | 72.6M | 73.5M | 69.8M | 67M | 62.7M | 64.7M | 64.3M | 65.3M | 61.9M | 61.7M | 61.8M | 63.6M | 63.7M | 65.1M | 68.2M | 70.9M |
| Current Ratio | 1.64x | 1.59x | 1.56x | 1.50x | 1.54x | 1.65x | 1.61x | 1.55x | 1.67x | 1.70x | 1.65x | 1.59x | 1.68x | 1.81x | 1.84x | 1.75x | 1.74x | 1.76x | 1.72x | 1.57x |
| Quick Ratio | 1.05x | 1.04x | 1.00x | 0.94x | 0.95x | 1.03x | 1.01x | 0.96x | 1.02x | 1.07x | 1.06x | 1.06x | 1.10x | 1.22x | 1.27x | 1.20x | 1.16x | 1.23x | 1.23x | 1.17x |
| Cash Conversion Cycle | 58.72 | 51.88 | 51.73 | 55.86 | 58.68 | 56.86 | 50.25 | 50.82 | 59.05 | 50.11 | 44.29 | 44.24 | 51.43 | 49.1 | 42.53 | 42.24 | 46.11 | 36.21 | 24.07 | 15.38 |
| Total Non-Current Liabilities | 969.9M | 930.9M | 894.3M | 422.3M | 473.7M | 557.8M | 530.5M | 459.3M | 393.3M | 413.6M | 417M | 424.2M | 422.1M | 499.7M | 650.4M | 650.4M | 583.2M | 600.6M | 623.9M | 523.4M |
| Long-Term Debt | 632.1M | 598M | 574.2M | 112.7M | 166.8M | 284.2M | 259.8M | 183.2M | 109.7M | 130.4M | 109.7M | 117.3M | 119.6M | 196M | 330.8M | 334.5M | 281M | 291.6M | 288.6M | 189.9M |
| Capital Lease Obligations | 41.7M | 39.2M | 40.7M | 37.1M | 35.6M | 28.2M | 25.2M | 23.5M | 23.5M | 24.7M | 26.4M | 27.9M | 26M | 26M | 25.1M | 22.4M | 23.5M | 23M | 24.6M | 22.3M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 296.1M | 293.7M | 279.4M | 272.5M | 271.3M | 245.4M | 245.5M | 252.6M | 260.1M | 258.5M | 280.9M | 279M | 276.5M | 277.7M | 294.5M | 293.5M | 278.7M | 286M | 310.7M | 311.2M |
| Total Liabilities | 1.83B | 1.8B | 1.77B | 1.28B | 1.33B | 1.4B | 1.41B | 1.36B | 1.24B | 1.29B | 1.3B | 1.37B | 1.32B | 1.36B | 1.55B | 1.58B | 1.48B | 1.53B | 1.63B | 1.64B |
| Total Debt | 714.8M | 676.7M | 656.5M | 192.1M | 221.4M | 331.6M | 295M | 216.7M | 143.2M | 165.1M | 146.1M | 155.2M | 155.6M | 232M | 365.9M | 366.9M | 311.3M | 321.4M | 320M | 219M |
| Net Debt | 480.3M | 495.4M | 471.3M | 17.6M | 68.7M | 153.7M | 122M | -22.9M | -76.1M | -51M | -105.5M | -184.7M | -125.4M | -146.9M | -40.3M | -24.3M | -47.5M | -38M | -85.8M | -224.3M |
| Debt / Equity | 0.39x | 0.37x | 0.35x | 0.10x | 0.12x | 0.18x | 0.16x | 0.12x | 0.07x | 0.09x | 0.08x | 0.08x | 0.08x | 0.12x | 0.20x | 0.21x | 0.18x | 0.18x | 0.18x | 0.12x |
| Debt / EBITDA | 3.59x | 3.52x | 3.54x | 1.03x | 1.12x | 1.47x | 1.45x | 1.24x | 0.79x | 0.73x | 0.69x | 0.75x | 0.78x | 1.04x | 1.78x | 1.85x | 1.86x | 1.74x | 1.76x | 1.12x |
| Net Debt / EBITDA | 2.41x | 2.58x | 2.54x | 0.09x | 0.35x | 0.68x | 0.60x | -0.13x | -0.42x | -0.23x | -0.50x | -0.90x | -0.62x | -0.66x | -0.20x | -0.12x | -0.28x | -0.21x | -0.47x | -1.14x |
| Interest Coverage | 22.65x | 20.51x | 22.79x | 68.25x | 48.72x | 44.83x | 63.45x | 57.67x | 105.40x | 115.78x | 193.70x | 161.82x | 74.50x | 47.42x | 43.83x | -70.44x | 61.29x | 79.71x | 105.40x | 130.86x |
| Total Equity | 1.82B | 1.84B | 1.88B | 1.86B | 1.84B | 1.85B | 1.86B | 1.88B | 1.92B | 1.91B | 1.88B | 1.84B | 1.88B | 1.89B | 1.79B | 1.75B | 1.75B | 1.79B | 1.81B | 1.83B |
| Equity Growth % | -1.16% | -0.22% | 1.23% | -1.35% | -3.77% | -3.44% | -1.42% | 2.12% | 1.82% | 1.23% | 5.12% | 5.53% | 7.7% | 5.35% | -1.03% | -4.61% | -7.84% | -1.31% | -2.17% | -0.87% |
| Book Value per Share | 13.40 | 13.30 | 13.49 | 13.28 | 13.14 | 12.87 | 12.85 | 12.92 | 13.07 | 12.95 | 12.69 | 12.34 | 12.45 | 12.46 | 11.79 | 11.41 | 11.09 | 11.36 | 11.43 | 11.44 |
| Total Shareholders' Equity | 1.82B | 1.84B | 1.88B | 1.86B | 1.84B | 1.85B | 1.86B | 1.88B | 1.92B | 1.91B | 1.88B | 1.84B | 1.88B | 1.89B | 1.79B | 1.75B | 1.75B | 1.79B | 1.81B | 1.83B |
| Common Stock | 294.7M | 294.7M | 294.7M | 294.7M | 294.7M | 294.7M | 294.7M | 294.8M | 294.8M | 294.8M | 294.8M | 294.8M | 294.9M | 294.9M | 294.9M | 294.9M | 295M | 295.2M | 295.2M | 295.2M |
| Retained Earnings | 4.17B | 4.09B | 4.02B | 3.95B | 3.88B | 3.79B | 3.69B | 3.6B | 3.54B | 3.47B | 3.36B | 3.26B | 3.17B | 3.08B | 2.97B | 2.88B | 3.05B | 2.98B | 2.9B | 2.83B |
| Treasury Stock | -3.17B | -3.07B | -2.95B | -2.9B | -2.84B | -2.75B | -2.62B | -2.5B | -2.43B | -2.35B | -2.27B | -2.2B | -2.06B | -1.97B | -1.96B | -1.91B | -1.79B | -1.69B | -1.61B | -1.5B |
| Accumulated OCI | -104.4M | -104.2M | -100.7M | -98.6M | -100.3M | -95.9M | -110.3M | -111.9M | -85.2M | -92M | -87.9M | -84.2M | -90.1M | -82.4M | -80M | -82.4M | -368.1M | -346.4M | -327.6M | -331.4M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |