Company / R&D Expense
A. O. Smith R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$95.0M
FY2025
5-year range
$87.9M / $101.7M
FY2021-FY2025
Trend
-6.6%
vs FY2024
Sector context
#76 of 174
Industrials
What the data says
At $95M, A. O. Smith's r&d expense ranks #76 of 174 in the Industrials sector. R&D Expense has fluctuated over the past 10 years, ranging from $74M in FY2017 to $102M in FY2024.
Based on SEC 10-K filings.
$95M in FY2025 with a 5-year CAGR of +0.2%.
Declined from $98M to $95M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +2.2%
- 5-Year CAGR
- +0.2%
- 10-Year CAGR
- -
Sector benchmark
#76 of 174 in IndustrialsTop 44% of 174This company $95.0M Sector average $273.7M
▼
-65.3% below sector average
Key checks
Key Insights
- 5-year CAGR of +0.2%, indicating consistent growth.
- In FY2025, r&d expense decreased 6.6% year-over-year.
- Ranks #76 out of 174 companies in the Industrials sector.
- Peak r&d expense was recorded in FY2024.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $95.0M | -6.6% |
| FY2024 | $101.7M | +4.3% |
| FY2023 | $97.5M | +9.6% |
| FY2022 | $89.0M | +1.3% |
| FY2021 | $87.9M | -6.5% |
| FY2020 | $94.0M | +8.8% |
| FY2019 | $86.4M | +7.9% |
| FY2018 | $80.1M | +8.7% |
| FY2017 | $73.7M | -8.0% |
| FY2016 | $80.1M | +38.6% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026