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AOS (A.O. Smith) Effective Interest Rate on Debt % : 4.53% (As of Mar. 2025)


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What is A.O. Smith Effective Interest Rate on Debt %?

Effective Interest Rate on Debt % is the usage rate that a borrower actually pays on a debt. It is calculated as the positive value of Interest Expense divided by its average total debt. Total debt equals to Long-Term Debt & Capital Lease Obligation plus Short-Term Debt & Capital Lease Obligation. A.O. Smith's annualized positive value of Interest Expense for the quarter that ended in Mar. 2025 was $12 Mil. A.O. Smith's average total debt for the quarter that ended in Mar. 2025 was $256 Mil. Therefore, A.O. Smith's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 was 4.53%.


A.O. Smith Effective Interest Rate on Debt % Historical Data

The historical data trend for A.O. Smith's Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Chart

A.O. Smith Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Effective Interest Rate on Debt %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.10 2.35 3.21 4.60 3.60

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
Effective Interest Rate on Debt % 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 2.66 4.63 3.89 5.33 4.53

Competitive Comparison of A.O. Smith's Effective Interest Rate on Debt %

For the Specialty Industrial Machinery subindustry, A.O. Smith's Effective Interest Rate on Debt %, along with its competitors' market caps and Effective Interest Rate on Debt % 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 Effective Interest Rate on Debt % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Effective Interest Rate on Debt % distribution charts can be found below:

* The bar in red indicates where A.O. Smith's Effective Interest Rate on Debt % falls into.


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A.O. Smith Effective Interest Rate on Debt % Calculation

A.O. Smith's annualized Effective Interest Rate on Debt % for the fiscal year that ended in Dec. 2024 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (A: Dec. 2023 )+Total Debt  (A: Dec. 2024 ))/ count )
=-1  *  -6.7/( (155.2+216.7)/ 2 )
=-1  *  -6.7/185.95
=3.60 %

where

A.O. Smith's annualized Effective Interest Rate on Debt % for the quarter that ended in Mar. 2025 is calculated as

Effective Interest Rate on Debt %
=-1  *  Interest Expense/( (Total Debt  (Q: Dec. 2024 )+Total Debt  (Q: Mar. 2025 ))/ count )
=-1  *  -11.6/( (216.7+295)/ 2 )
=-1  *  -11.6/255.85
=4.53 %

where

* 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.

In the calculation of annual Effective Interest Rate on Debt %, the Interest Expense of the last fiscal year and the average total debt over the fiscal year are used. In calculating the quarterly data, the Interest Expense data used here is four times the quarterly (Mar. 2025) interest expense data. Effective Interest Rate on Debt % is displayed in the 30-year financial page.


A.O. Smith  (NYSE:AOS) Effective Interest Rate on Debt % Explanation

Effective Interest Rate on Debt % measures the usage rate that a borrower actually pays on a debt.


A.O. Smith Effective Interest Rate on Debt % Related Terms

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A.O. Smith Business Description

Industry
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