Smith A O annual operating margin
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2025
Smith A O Operating Margin Growth & History (AOS)
Smith A O's operating margin was 19.02% for fiscal 2025.
View full Smith A O company overviewSmith A O annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 19.02% | +0.49 pp |
| 2024 | 2024-12-31 | 18.54% | −0.81 pp |
| 2023 | 2023-12-31 | 19.35% | +9.71 pp |
| 2022 | 2022-12-31 | 9.64% | −9.63 pp |
| 2021 | 2021-12-31 | 19.27% | +1.89 pp |
| 2020 | 2020-12-31 | 17.38% | −0.30 pp |
| 2019 | 2019-12-31 | 17.68% | −1.56 pp |
| 2018 | 2018-12-31 | 19.24% | −0.04 pp |
| 2017 | 2017-12-31 | 19.28% | +0.11 pp |
| 2016 | 2016-12-31 | 19.17% | +1.32 pp |
| 2015 | 2015-12-31 | 17.86% | +3.20 pp |
| 2014 | 2014-12-31 | 14.66% | +0.73 pp |
| 2013 | 2013-12-31 | 13.92% | +0.55 pp |
| 2012 | 2012-12-31 | 13.38% | +1.89 pp |
| 2011 | 2011-12-31 | 11.49% | +2.56 pp |
| 2010 | 2010-12-31 | 8.92% | — |
Smith A O quarterly operating margin
Q1.11
Q2.11
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Q4.11
Q1.12
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Q1.13
Q2.13
Q3.13
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Q2.18
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Q1.20
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Q2.22
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Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 16.54% | −3.85 pp |
| Q1 2026 | 2026-03-31 | 17.11% | −1.98 pp |
| Q4 2025 | 2025-12-31 | 17.86% | +1.70 pp |
| Q3 2025 | 2025-09-30 | 18.61% | +1.09 pp |
| Q2 2025 | 2025-06-30 | 20.39% | +0.04 pp |
| Q1 2025 | 2025-03-31 | 19.09% | −0.70 pp |
| Q4 2024 | 2024-12-31 | 16.17% | +2.91 pp |
| Q3 2024 | 2024-09-30 | 17.52% | −3.09 pp |
| Q2 2024 | 2024-06-30 | 20.35% | −3.32 pp |
| Q1 2024 | 2024-03-31 | 19.79% | −0.27 pp |
| Q4 2023 | 2023-12-31 | 13.26% | +29.93 pp |
| Q3 2023 | 2023-09-30 | 20.61% | +1.89 pp |
| Q2 2023 | 2023-06-30 | 23.67% | +5.24 pp |
| Q1 2023 | 2023-03-31 | 20.06% | +2.01 pp |
| Q4 2022 | 2022-12-31 | −16.68% | −36.49 pp |
| Q3 2022 | 2022-09-30 | 18.71% | −0.80 pp |
| Q2 2022 | 2022-06-30 | 18.43% | −0.65 pp |
| Q1 2022 | 2022-03-31 | 18.05% | −0.44 pp |
| Q4 2021 | 2021-12-31 | 19.82% | −0.46 pp |
| Q3 2021 | 2021-09-30 | 19.52% | −0.19 pp |
| Q2 2021 | 2021-06-30 | 19.07% | +4.12 pp |
| Q1 2021 | 2021-03-31 | 18.49% | +5.16 pp |
| Q4 2020 | 2020-12-31 | 20.28% | +2.98 pp |
| Q3 2020 | 2020-09-30 | 19.71% | +2.45 pp |
| Q2 2020 | 2020-06-30 | 14.96% | −4.01 pp |
| Q1 2020 | 2020-03-31 | 13.33% | −3.82 pp |
| Q4 2019 | 2019-12-31 | 17.30% | −3.27 pp |
| Q3 2019 | 2019-09-30 | 17.26% | −1.93 pp |
| Q2 2019 | 2019-06-30 | 18.97% | −0.18 pp |
| Q1 2019 | 2019-03-31 | 17.15% | −0.87 pp |
| Q4 2018 | 2018-12-31 | 20.57% | +0.31 pp |
| Q3 2018 | 2018-09-30 | 19.19% | −0.01 pp |
| Q2 2018 | 2018-06-30 | 19.15% | −0.03 pp |
| Q1 2018 | 2018-03-31 | 18.02% | −0.44 pp |
| Q4 2017 | 2017-12-31 | 20.26% | +1.99 pp |
| Q3 2017 | 2017-09-30 | 19.20% | −0.04 pp |
| Q2 2017 | 2017-06-30 | 19.18% | −1.39 pp |
| Q1 2017 | 2017-03-31 | 18.46% | −0.18 pp |
| Q4 2016 | 2016-12-31 | 18.26% | −0.61 pp |
| Q3 2016 | 2016-09-30 | 19.24% | +0.38 pp |
| Q2 2016 | 2016-06-30 | 20.57% | +2.68 pp |
| Q1 2016 | 2016-03-31 | 18.64% | +2.89 pp |
| Q4 2015 | 2015-12-31 | 18.88% | +4.61 pp |
| Q3 2015 | 2015-09-30 | 18.86% | +4.59 pp |
| Q2 2015 | 2015-06-30 | 17.89% | +2.35 pp |
| Q1 2015 | 2015-03-31 | 15.75% | +1.19 pp |
| Q4 2014 | 2014-12-31 | 14.26% | +1.40 pp |
| Q3 2014 | 2014-09-30 | 14.27% | −0.33 pp |
| Q2 2014 | 2014-06-30 | 15.54% | +1.44 pp |
| Q1 2014 | 2014-03-31 | 14.56% | +0.37 pp |
| Q4 2013 | 2013-12-31 | 12.86% | −1.65 pp |
| Q3 2013 | 2013-09-30 | 14.60% | +0.89 pp |
| Q2 2013 | 2013-06-30 | 14.10% | +0.98 pp |
| Q1 2013 | 2013-03-31 | 14.19% | +2.15 pp |
| Q4 2012 | 2012-12-31 | 14.52% | +2.24 pp |
| Q3 2012 | 2012-09-30 | 13.71% | +4.03 pp |
| Q2 2012 | 2012-06-30 | 13.11% | +0.95 pp |
| Q1 2012 | 2012-03-31 | 12.04% | +0.32 pp |
| Q4 2011 | 2011-12-31 | 12.27% | — |
| Q3 2011 | 2011-09-30 | 9.68% | — |
| Q2 2011 | 2011-06-30 | 12.16% | — |
| Q1 2011 | 2011-03-31 | 11.72% | — |
Smith A O operating margin trends
Over the last five fiscal years, Smith A O's operating margin increased from 17.38% to 19.02%, a change of +1.64 percentage points. The latest reported quarter, Q2 2026, shows 16.54%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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