A.O. Smith (MEX:AOS) Dividend Payout Ratio: 0.42 (As of Mar. 2026) — 20% Above Median


MEX:AOS A.O. Smith Corp MEX:AOS
86 GF Score
Price MXN1,347.00
GF Value MXN1,676.11
! 1 Warning Sign
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What is A.O. Smith Dividend Payout Ratio?

A.O. Smith MEX:AOS 86 Dividend Payout Ratio is 0.42 as of Mar. 2026, which is 20% above its 10-year median of 0.35. GuruFocus rates MEX:AOS with a GF Score™ of 86/100 and a GF Value™ of MXN1,676.11. The stock has 1 warning sign investors should review. Among 1,722 Industrial Products companies, A.O. Smith ranks better than 50.41% on this metric.

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period. A.O. Smith's Dividend Payout Ratio for the months ended in Mar. 2026 was 0.42.

The historical rank and industry rank for A.O. Smith's Dividend Payout Ratio or its related term are showing as below:

MEX:AOS' s Dividend Payout Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.35   Max: 0.45
Current: 0.37

During the past 13 years, the highest Dividend Payout Ratio of A.O. Smith was 0.45. The lowest was 0.26. And the median was 0.35.

MEX:AOS's Dividend Payout Ratio is ranked better than
50.41% of 1722 companies
in the Industrial Products industry
Industry Median: 0.37 vs MEX:AOS: 0.37

As of today (2026-06-29), the Dividend Yield % of A.O. Smith is 0.00%.

During the past 13 years, the highest Trailing Annual Dividend Yield of A.O. Smith was 2.59%. The lowest was 0.83%. And the median was 1.64%.

A.O. Smith's Dividends per Share for the months ended in Mar. 2026 was MXN6.49.

During the past 12 months, A.O. Smith's average Dividends Per Share Growth Rate was 6.10% per year. During the past 3 years, the average Dividends Per Share Growth Rate was 6.60% per year. During the past 5 years, the average Dividends Per Share Growth Rate was 7.10% per year. During the past 10 years, the average Dividends Per Share Growth Rate was 13.30% per year.

During the past 13 years, the highest 3-Year average Dividends Per Share Growth Rate of A.O. Smith was 28.30% per year. The lowest was 0.00% per year. And the median was 6.80% per year.

The growth rate is calculated with least square regression.

For more information regarding to dividend, please check our Dividend Page.

* Please note that "special dividend" is not included in the calculation of dividend per share and related fields.

A.O. Smith (MEX:AOS) Dividend Payout Ratio Explanation

In dividends investing, Dividend Payout Ratio and Dividend Growth Rate are the two most important variables for consideration. A lower payout ratio may indicate that the company has more room to increase its dividends.

A.O. Smith Dividend Payout Ratio Related Terms

A.O. Smith Dividend Payout Ratio Historical Data

* Premium members only.

The historical data trend for A.O. Smith's Dividend Payout Ratio 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.

A.O. Smith Dividend Payout Ratio Chart

A.O. Smith Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Dividend Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.36 0.32 0.35 0.36

A.O. Smith Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Dividend Payout Ratio 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 0.36 0.32 0.36 0.40 0.42

MEX:AOS vs NPO, MIDD, FLS: Dividend Payout Ratio Comparison

For the Specialty Industrial Machinery subindustry, A.O. Smith's Dividend Payout Ratio, along with its competitors' market caps and Dividend Payout Ratio 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 Dividend Payout Ratio vs Industrial Products Industry

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

* The bar in red indicates where A.O. Smith's Dividend Payout Ratio falls into.


MEX:AOS
86GF Score
A.O. Smith Corp MEX:AOS
Dividend Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

A.O. Smith Dividend Payout Ratio Calculation

The Dividend Payout Ratio is the measure of dividends paid out to shareholders relative to the company's net income. It is calculated as the Dividends per Share divided by the Earnings per Share (Diluted) during the same time period.

A.O. Smith's Dividend Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Dividend Payout Ratio=Dividends per Share (A: Dec. 2025 )/ EPS without NRI (A: Dec. 2025 )
=24.848/ 69.322
=0.36

A.O. Smith's Dividend Payout Ratio for the quarter that ended in Mar. 2026 is calculated as

Dividend Payout Ratio=Dividends per Share (Q: Mar. 2026 )/ EPS without NRI (Q: Mar. 2026 )
=6.492/ 15.328
=0.42

* 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.

Frequently Asked Questions Learn more about Dividend Payout Ratio →
What does a Dividend Payout Ratio of 0.42 mean?
A.O. Smith (MEX:AOS) has a Dividend Payout Ratio of 0.42 as of Mar. 2026. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on A.O. Smith and its competitors. This is 20% above median its historical median of 0.35. Over the past decade, A.O. Smith's Dividend Payout Ratio has ranged from 0.26 to 0.45. According to the industry distribution chart, A.O. Smith ranks #854 out of 1722 companies in the Industrial Products industry, placing it in the top 49.6%.
Is A.O. Smith's Dividend Payout Ratio too high?
A.O. Smith's current Dividend Payout Ratio of 0.42 is 20% above median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.26 to a high of 0.45. The Industrial Products industry median Dividend Payout Ratio is 0.37. A.O. Smith's value of 0.42 is 13.5% above this industry median. Based on the distribution chart, A.O. Smith ranks #854 out of 1722 companies in the Industrial Products industry, which is above the industry midpoint. Overall, A.O. Smith has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does A.O. Smith's Dividend Payout Ratio compare to NPO and MIDD?
According to the Industrial Products industry distribution chart, A.O. Smith ranks #854 out of 1722 companies for Dividend Payout Ratio. This puts A.O. Smith in the upper half of its industry. The industry median Dividend Payout Ratio is 0.37. A.O. Smith's value of 0.42 is 13.5% above this benchmark. Historically, A.O. Smith's own Dividend Payout Ratio has ranged from 0.26 to 0.45 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.37, A.O. Smith has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Dividend Payout Ratio for an Industrial Products company?
The median Dividend Payout Ratio among Industrial Products companies is 0.37, based on 1,722 companies in the industry. Companies in the top quartile (top 25%) have a Dividend Payout Ratio significantly above this median, while those in the bottom quartile fall well below. However, Dividend Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. A.O. Smith's current Dividend Payout Ratio of 0.42 is 13.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Dividend Payout Ratio mean?
A high Dividend Payout Ratio can signal that a stock is expensive relative to its fundamentals. Dividend payout ratio is the percent of company earnings paid out as dividends. View historical data on A.O. Smith and its competitors. For the Industrial Products industry, the median Dividend Payout Ratio is 0.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. A.O. Smith's current Dividend Payout Ratio is 0.42, which is 20% above median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is A.O. Smith stock overvalued right now?
A.O. Smith (MEX:AOS) has a current Dividend Payout Ratio of 0.42. The stock's GF Value™ is MXN1,676.11, compared to a current price of MXN1,347.00 — trading 19.6% below its estimated fair value. The current Dividend Payout Ratio is 0.42, which is 20% above median its 10-year median of 0.35 and 13.5% above the Industrial Products industry median of 0.37. A.O. Smith's overall GF Score™ is 86/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Dividend Payout Ratio calculated?
Dividend Payout Ratio is calculated from a company's financial statements. For A.O. Smith (MEX:AOS), the current Dividend Payout Ratio is 0.42 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is A.O. Smith (MEX:AOS) Overvalued in 2026?

Based on GuruFocus' analysis, A.O. Smith stock appears to be undervalued. The current stock price of MXN1,347.00 is trading 19.6% below its estimated GF Value™ of MXN1,676.11.

Key valuation signals for MEX:AOS:

  • Dividend Payout Ratio: 0.42 (20% above median its 10-year median of 0.35)
  • GF Value™: MXN1,676.11 vs. price of MXN1,347.00 (19.6% below fair value)
  • GF Score™: 86/100 with 1 warning sign
  • Industry Position: 13.5% above the Industrial Products median (#854 of 1722)

No single metric tells the full story. See the MEX:AOS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

A.O. Smith Business Description

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 (80% of sales) and rest of world (20% of sales). A.O. Smith is the leading manufacturer of water heaters in North America for the residential and commercial markets, with approximately 36% and 52% 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 in the mid-1990s.
86GF Score

Get the complete analysis for MEX:AOS

Dividend Payout Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN1,347.00
Price
MXN1,676.11
GF Value