Company / Operating Margin
A. O. Smith Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
19.0%
FY2025
5-year range
9.6% / 19.4%
FY2021-FY2025
Trend
+2.6%
vs FY2024
Sector context
#47 of 304
Industrials
What the data says
A. O. Smith's operating margin of 19.0% is higher than 85% of companies in the Industrials sector (FY2025). Operating Margin has fluctuated over the past 10 years, ranging from 9.6% in FY2022 to 19.4% in FY2023.
Based on SEC 10-K filings.
19.0% in FY2025 with a 5-year CAGR of -0.2%. Top quartile in the Industrials sector.
Remained stable around 19.0% over the past 2 years.
Industrials sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +9.4pp
- 5-Year Change
- -0.2pp
- 10-Year Change
- -
Sector benchmark
Top 15% in IndustrialsTop 15% of 304This company 19.0% Sector average -843.0%
▼
+102.3% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 2.6% year-over-year.
- Currently 862.0pp above the Industrials sector average.
- Peak operating margin was recorded in FY2023.
- Lowest operating 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 | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 19.0% | +2.6% |
| FY2024 | 18.5% | -4.2% |
| FY2023 | 19.4% | +100.7% |
| FY2022 | 9.6% | -45.5% |
| FY2021 | 17.7% | -8.1% |
| FY2020 | 19.2% | -0.2% |
| FY2019 | 19.3% | +0.6% |
| FY2018 | 19.2% | +7.3% |
| FY2017 | 17.9% | -6.8% |
| FY2016 | 19.2% | +37.7% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026