Company / Gross Margin
A. O. Smith Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
38.8%
FY2025
5-year range
35.4% / 39.5%
FY2021-FY2025
Trend
+1.8%
vs FY2024
Sector context
#51 of 186
Industrials
What the data says
At 38.8%, A. O. Smith's gross margin ranks #51 of 186 in the Industrials sector. Gross Margin has fluctuated over the past 10 years, ranging from 35.4% in FY2022 to 41.5% in FY2018.
Based on SEC 10-K filings.
38.8% in FY2025 with a 5-year CAGR of -2.1%.
Remained stable around 38.8% over the past 2 years.
Industrials sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +3.4pp
- 5-Year Change
- -2.1pp
- 10-Year Change
- -
Sector benchmark
#51 of 186 in IndustrialsTop 27% of 186This company 38.8% Sector average 28.8%
▼
+34.9% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 1.8% year-over-year.
- Currently 10.0pp above the Industrials sector average.
- Peak gross margin was recorded in FY2018.
- Lowest gross margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 3.71 (safe zone, above 2.9 threshold)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 38.8% | +1.8% |
| FY2024 | 38.1% | -1.0% |
| FY2023 | 38.5% | +8.8% |
| FY2022 | 35.4% | -10.2% |
| FY2021 | 39.5% | -3.7% |
| FY2020 | 40.9% | -0.4% |
| FY2019 | 41.1% | -0.8% |
| FY2018 | 41.5% | +4.2% |
| FY2017 | 39.8% | -4.0% |
| FY2016 | 41.5% | +15.4% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026