A. O. Smith beats Q4 estimates, introduces 2026 outlook

A. O. Smith Corporation press release (AOS): Q4 Non-GAAP EPS of $0.90 beats by $0.06.
Revenue of $3.8B (+316.5% Y/Y) beats by $2.87B.
Strong execution led to 80 basis points of operating margin improvement
Free cash flow (FCF) of $546 million, 100% FCF to net earnings
Returned $597 million of capital to shareholders through dividends and share repurchases
Guidance: Diluted EPS GAAP $3.85 – 4.15 (vs. consensus of $3.80)
2026 Outlook

(in millions, except per share amounts)

2025

2026 Outlook

Actual

Low End

High End

Net sales

$ 3,830

$ 3,900

$ 4,020

Diluted earnings per share

$ 3.85

$ 3.85

$ 4.15