A. O. Smith Corporation balance sheet AOS

Annual Quarterly

As of Sep 30, 2026, A. O. Smith Corporation had total assets of $3.7 billion and total liabilities of $1.8 billion. Total assets were up 15.3% from a year earlier. Stockholders' equity was $1.8 billion. It held $234.5 million in cash and investments against $714.8 million of total debt, net debt of $480.3 million. The current ratio, current assets divided by current liabilities, was 1.64.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the same quarter a year earlier.

Line	Q3 FY2026 Sep 30, 2026	Q2 FY2026 Jun 30, 2026	Q1 FY2026 Mar 31, 2026	Q4 FY2025 Dec 31, 2025	Q3 FY2025 Sep 30, 2025	Q2 FY2025 Jun 30, 2025	Q1 FY2025 Mar 31, 2025	Q3 FY2024 Sep 30, 2024
Assets
Cash	234 +53.6%	181 +1.9%	185 +7.1%	174	153 -30.4%	178 -17.7%	173 -31.2%	219 -22.0%
Short-term investments	0 -100.0%	0	19 -31.2%	19	20 -44.6%	0 -100.0%	27 -47.2%	36 -40.3%
Cash and investments	234 +35.7%	181 +1.9%	204 +1.8%	193	173 -32.4%	178 -23.7%	200 -33.9%	256 -25.2%
Receivables	613 +4.1%	670 +4.6%	634 -1.2%	582	589 +5.5%	640 -1.5%	642 +9.7%	558 -5.0%
Inventory	509 +0.4%	483 -7.0%	488 -8.3%	479	507 -8.6%	519 -4.7%	533 +2.0%	555 +6.9%
Total current assets	1,411 +7.2%	1,389 +0.1%	1,368 -3.8%	1,292	1,316 -6.8%	1,388 -6.3%	1,422 -2.7%	1,412 -6.1%
Property and equipment, net	614 -2.9%	619 -2.8%	632 -0.3%	635	633 +1.3%	637 +5.6%	634 +5.9%	625 +7.5%
Goodwill	914 +28.7%	915 +28.3%	920 +30.1%	711	710 +8.9%	714 +9.7%	707 +8.5%	652 +3.4%
Total assets	3,655 +15.3%	3,644 +12.3%	3,650 +11.7%	3,143	3,171 +0.5%	3,247 +1.5%	3,268 +2.7%	3,154 -1.4%
Liabilities and equity
Total current liabilities	862 +1.1%	872 +3.4%	878 -0.5%	862	852 +1.0%	843 -3.4%	882 -0.1%	844 -5.7%
Total liabilities	1,832 +38.1%	1,803 +28.7%	1,772 +25.5%	1,285	1,326 +7.2%	1,401 +8.9%	1,413 +8.6%	1,238 -6.1%
Stockholders' equity	1,823 -1.2%	1,842 -0.2%	1,878 +1.2%	1,858	1,844 -3.8%	1,846 -3.4%	1,855 -1.4%	1,917 +1.8%
Debt
Debt due within a year	41 +115.8%	40 +105.7%	42 +316.0%	42	19 +90.0%	19 +92.0%	10 +0.0%	10 +0.0%
Long-term debt	632 +279.0%	598 +110.4%	574 +121.0%	113	167 +52.1%	284 +117.9%	260 +136.8%	110 -8.3%
Lease liabilities	42 +17.1%	39 +39.0%	41 +61.5%	48	36 +51.5%	28 +14.2%	25 -4.5%	24 -33.6%
Total debt	715 +222.9%	677 +104.1%	656 +122.5%	203	221 +54.6%	332 +100.8%	295 +101.9%	143 -13.2%
Net cash	-480 -888.3%	-495 -222.3%	-453 -377.4%	-10	-49 -143.2%	-154 -325.4%	-95 -160.4%	112 -36.4%
Ratios
Current ratio	1.64x	1.59x	1.56x	1.50x	1.54x	1.65x	1.61x	1.67x
Debt to equity	0.39x	0.37x	0.35x	0.11x	0.12x	0.18x	0.16x	0.07x
Debt to EBITDA	0.94x	0.89x	0.83x	0.25x	—	—	—	0.19x
Return on equity	27.13%	27.16%	28.10%	29.40%	—	—	—	29.28%
Return on assets	13.53%	13.73%	14.45%	17.38%	—	—	—	17.79%

How these figures are calculated

Quarterly columns are single-quarter amounts. When a 10-Q reports only a year-to-date total, as cash flow statements do, the quarter is that total minus the previous quarter's year-to-date total. The fourth quarter is the annual report's full year minus the first nine months. A column marked YTD is a year-to-date total, shown when the earlier report needed for the single quarter is missing. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Household Appliances (SIC 3630)
Listed as: AOS (NYSE)
Fiscal year ends: December 31
Incorporated in: DE
Headquarters: Milwaukee, WI
SEC filer status: Large accelerated filer
SEC CIK: 91142

Other Household Appliances companies

All 7 Household Appliances companies

Source: SEC EDGAR filings. This is company-reported data, not investment advice.