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AOS (A.O. Smith) Debt-to-Equity : 0.16 (As of Mar. 2025)


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What is A.O. Smith Debt-to-Equity?

A.O. Smith's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $10 Mil. A.O. Smith's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $285 Mil. A.O. Smith's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $1,855 Mil. A.O. Smith's debt to equity for the quarter that ended in Mar. 2025 was 0.16.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for A.O. Smith's Debt-to-Equity or its related term are showing as below:

AOS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.07   Med: 0.18   Max: 0.27
Current: 0.16

During the past 13 years, the highest Debt-to-Equity Ratio of A.O. Smith was 0.27. The lowest was 0.07. And the median was 0.18.

AOS's Debt-to-Equity is ranked better than
64.8% of 2631 companies
in the Industrial Products industry
Industry Median: 0.28 vs AOS: 0.16

A.O. Smith Debt-to-Equity Historical Data

The historical data trend for A.O. Smith's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

A.O. Smith Debt-to-Equity Chart

A.O. Smith Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.12 0.21 0.08 0.12

A.O. Smith Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.08 0.09 0.08 0.12 0.16

Competitive Comparison of A.O. Smith's Debt-to-Equity

For the Specialty Industrial Machinery subindustry, A.O. Smith's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


A.O. Smith's Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where A.O. Smith's Debt-to-Equity falls into.


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A.O. Smith Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

A.O. Smith's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

A.O. Smith's Debt to Equity Ratio for the quarter that ended in Mar. 2025 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


A.O. Smith  (NYSE:AOS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


A.O. Smith Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of A.O. Smith's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


A.O. Smith Business Description

Traded in Other Exchanges
Address
11270 West Park Place, Suite 170, Milwaukee, WI, USA, 53224
A.O. Smith manufactures a broad lineup of water heaters, boilers, and water treatment products. The company has two reporting segments: North America (75% of sales) and rest of world (25% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 37% and 54% market share, respectively. Residential water heaters account for most of North American sales and are distributed equally through wholesale and retail channels. Most of A.O. Smith's international revenue is from China, a market the company entered during the mid-1990s.
Executives
Samuel M. Carver officer: SVP - Global Operations A. O. SMITH CORPORATION, 44 VANTAGE WAY, NASHVILLE TN 37228
Douglas Samuel Karge officer: SVP - President NA Water Treat A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Robert J Heideman officer: Senior Vice President Corp Tec A. O. SMITH CORPORATE TECHNOLOGY CENTER, 12100 WEST PARK PLACE, MILWAUKEE WI 53224
Ronald D Brown director 2090 FLORENCE AVENUE, CINCINNATI OH 45206
Ajita G Rajendra officer: President, A. O. Smith Water P A. O. SMITH WATER PRODUCTS COMPANY, 500 LINDAHL PARKWAY, ASHLAND CITY TN 37015
Idelle K Wolf director
Mark D Smith director
Mark A Petrarca officer: Vice President - H.R. & P.A. A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
James F Stern officer: Exec VP, General Counsel & Sec A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Kevin J. Wheeler officer: Senior VP and President & GM A. O. SMITH CORPORATION, 500 TENNESSEE WALTZ PARKWAY, ASHLAND CITY TN 37015
Benjamin A Otchere officer: Vice President and Controller A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Michael M Larsen director ILLINOIS TOOL WORKS INC., 155 HARLEM AVE., GLENVIEW IL 60025
Daniel L Kempken officer: Vice President and Controller A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224
Parag Kulkarni officer: SVP - Int'l; President India A. O. SMITH INDIA WATER PRODUCTS PRIVATE, #300, PHASE II, KIADB INDUSTRIAL AREA, KARNATAKA K7 562112
Earl E. Exum director A. O. SMITH CORPORATION, 11270 WEST PARK PLACE, MILWAUKEE WI 53224