AOS (A.O. Smith) Gross Profit : $1,456 Mil (TTM As of Dec. 2024)

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What is A.O. Smith Gross Profit?

A.O. Smith's gross profit for the three months ended in Dec. 2024 was $338 Mil. A.O. Smith's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,456 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. A.O. Smith's gross profit for the three months ended in Dec. 2024 was $338 Mil. A.O. Smith's Revenue for the three months ended in Dec. 2024 was $912 Mil. Therefore, A.O. Smith's Gross Margin % for the quarter that ended in Dec. 2024 was 37.06%.

A.O. Smith had a gross margin of 37.06% for the quarter that ended in Dec. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of A.O. Smith was 41.48%. The lowest was 35.42%. And the median was 39.00%.

A.O. Smith Gross Profit Historical Data

The historical data trend for A.O. Smith's Gross Profit 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.

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A.O. Smith Gross Profit Chart

A.O. Smith Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

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1,108.20

1,310.90

1,329.60

1,484.80

1,456.10

A.O. Smith Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Gross Profit	Get a 7-Day Free Trial															369.80	384.70	396.00	337.30	338.10

Competitive Comparison of A.O. Smith's Gross Profit

For the Specialty Industrial Machinery subindustry, A.O. Smith's Gross Profit, along with its competitors' market caps and Gross Profit 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 Gross Profit Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, A.O. Smith's Gross Profit distribution charts can be found below:

* The bar in red indicates where A.O. Smith's Gross Profit falls into.

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A.O. Smith Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

A.O. Smith's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	3818.1	-	2362
	=	1,456

A.O. Smith's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	912.4	-	574.3
	=	338

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,456 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

A.O. Smith's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	338	/	912.4
	=	37.06 %

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

A.O. Smith (NYSE:AOS) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

A.O. Smith had a gross margin of 37.06% for the quarter that ended in Dec. 2024 => Competition eroding margins

A.O. Smith Gross Profit Related Terms

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A.O. Smith Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (NYSE:AOS) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

AOS:Mexico 0L7A:UK 3SM:Germany 3SM:Germany

Address

11270 West Park Place, Suite 170, Milwaukee, WI, USA, 53224

Website

https://www.aosmith.com

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