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A.O. Smith (LTS:0L7A) Tax Rate % : 24.40% (As of Dec. 2024)


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What is A.O. Smith Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. A.O. Smith's Tax Expense for the three months ended in Dec. 2024 was $35 Mil. A.O. Smith's Pre-Tax Income for the three months ended in Dec. 2024 was $145 Mil. Therefore, A.O. Smith's Tax Rate % for the quarter that ended in Dec. 2024 was 24.40%.

A.O. Smith Tax Rate % Historical Data

The historical data trend for A.O. Smith's Tax Rate % 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 Tax Rate % Chart

A.O. Smith Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.30 22.14 -5.36 24.12 23.88

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
Tax Rate % 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 22.39 23.40 24.39 23.31 24.40

A.O. Smith Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

A.O. Smith's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=167.4/701
=23.88 %

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

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=35.4/145.1
=24.40 %

* 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 Tax Rate % Related Terms

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A.O. Smith Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » A.O. Smith Corp (LTS:0L7A) » Definitions » Tax Rate %
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Traded in Other Exchanges
AOS:USA AOS:Mexico 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.

A.O. Smith Headlines

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