Smith A O annual return on equity
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Smith A O Return on Equity (ROE) Growth & History (AOS)
Smith A O's return on equity was 29.20% for fiscal 2025.
View full Smith A O company overviewSmith A O annual return on equity history
| Fiscal year | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 29.20% | +0.57 pp |
| 2024 | 2024-12-31 | 28.63% | −2.36 pp |
| 2023 | 2023-12-31 | 30.99% | +17.82 pp |
| 2022 | 2022-12-31 | 13.17% | −13.30 pp |
| 2021 | 2021-12-31 | 26.47% | +6.85 pp |
| 2020 | 2020-12-31 | 19.62% | −2.24 pp |
| 2019 | 2019-12-31 | 21.87% | −4.56 pp |
| 2018 | 2018-12-31 | 26.43% | +7.64 pp |
| 2017 | 2017-12-31 | 18.79% | −3.32 pp |
| 2016 | 2016-12-31 | 22.11% | +2.07 pp |
| 2015 | 2015-12-31 | 20.04% | +4.70 pp |
| 2014 | 2014-12-31 | 15.34% | +1.88 pp |
| 2013 | 2013-12-31 | 13.45% | −0.47 pp |
| 2012 | 2012-12-31 | 13.92% | −17.16 pp |
| 2011 | 2011-12-31 | 31.08% | +17.71 pp |
| 2010 | 2010-12-31 | 13.37% | +2.18 pp |
| 2009 | 2009-12-31 | 11.19% | — |
Smith A O quarterly return on equity
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Q2.23
Q3.23
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Return on equity | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 6.72% | −1.51 pp |
| Q1 2026 | 2026-03-31 | 6.32% | −0.99 pp |
| Q4 2025 | 2025-12-31 | 6.77% | +1.00 pp |
| Q3 2025 | 2025-09-30 | 7.15% | +0.88 pp |
| Q2 2025 | 2025-06-30 | 8.22% | −0.01 pp |
| Q1 2025 | 2025-03-31 | 7.31% | −0.61 pp |
| Q4 2024 | 2024-12-31 | 5.77% | −1.59 pp |
| Q3 2024 | 2024-09-30 | 6.27% | −0.91 pp |
| Q2 2024 | 2024-06-30 | 8.24% | −0.30 pp |
| Q1 2024 | 2024-03-31 | 7.92% | +0.75 pp |
| Q4 2023 | 2023-12-31 | 7.37% | +14.24 pp |
| Q3 2023 | 2023-09-30 | 7.18% | +0.98 pp |
| Q2 2023 | 2023-06-30 | 8.54% | +1.53 pp |
| Q1 2023 | 2023-03-31 | 7.17% | +0.59 pp |
| Q4 2022 | 2022-12-31 | −6.87% | −14.36 pp |
| Q3 2022 | 2022-09-30 | 6.20% | −0.89 pp |
| Q2 2022 | 2022-06-30 | 7.01% | +0.56 pp |
| Q1 2022 | 2022-03-31 | 6.58% | +1.30 pp |
| Q4 2021 | 2021-12-31 | 7.49% | +0.81 pp |
| Q3 2021 | 2021-09-30 | 7.09% | +0.90 pp |
| Q2 2021 | 2021-06-30 | 6.45% | +2.31 pp |
| Q1 2021 | 2021-03-31 | 5.28% | +2.14 pp |
| Q4 2020 | 2020-12-31 | 6.68% | +1.18 pp |
| Q3 2020 | 2020-09-30 | 6.19% | +1.03 pp |
| Q2 2020 | 2020-06-30 | 4.14% | −1.74 pp |
| Q1 2020 | 2020-03-31 | 3.15% | −2.00 pp |
| Q4 2019 | 2019-12-31 | 5.50% | −1.78 pp |
| Q3 2019 | 2019-09-30 | 5.16% | −0.84 pp |
| Q2 2019 | 2019-06-30 | 5.88% | −0.78 pp |
| Q1 2019 | 2019-03-31 | 5.15% | −0.74 pp |
| Q4 2018 | 2018-12-31 | 7.27% | +5.90 pp |
| Q3 2018 | 2018-09-30 | 6.00% | +0.29 pp |
| Q2 2018 | 2018-06-30 | 6.66% | +0.85 pp |
| Q1 2018 | 2018-03-31 | 5.89% | +0.19 pp |
| Q4 2017 | 2017-12-31 | 1.37% | −4.07 pp |
| Q3 2017 | 2017-09-30 | 5.71% | +0.18 pp |
| Q2 2017 | 2017-06-30 | 5.81% | −0.08 pp |
| Q1 2017 | 2017-03-31 | 5.70% | +0.67 pp |
| Q4 2016 | 2016-12-31 | 5.45% | −0.13 pp |
| Q3 2016 | 2016-09-30 | 5.54% | +0.39 pp |
| Q2 2016 | 2016-06-30 | 5.89% | +0.88 pp |
| Q1 2016 | 2016-03-31 | 5.03% | +0.84 pp |
| Q4 2015 | 2015-12-31 | 5.57% | +1.71 pp |
| Q3 2015 | 2015-09-30 | 5.15% | +1.44 pp |
| Q2 2015 | 2015-06-30 | 5.00% | +0.76 pp |
| Q1 2015 | 2015-03-31 | 4.19% | +0.70 pp |
| Q4 2014 | 2014-12-31 | 3.86% | +0.57 pp |
| Q3 2014 | 2014-09-30 | 3.70% | +0.02 pp |
| Q2 2014 | 2014-06-30 | 4.24% | +0.87 pp |
| Q1 2014 | 2014-03-31 | 3.50% | +0.29 pp |
| Q4 2013 | 2013-12-31 | 3.29% | −0.00 pp |
| Q3 2013 | 2013-09-30 | 3.68% | +0.53 pp |
| Q2 2013 | 2013-06-30 | 3.38% | +0.33 pp |
| Q1 2013 | 2013-03-31 | 3.21% | −1.06 pp |
| Q4 2012 | 2012-12-31 | 3.29% | +0.38 pp |
| Q3 2012 | 2012-09-30 | 3.15% | −14.27 pp |
| Q2 2012 | 2012-06-30 | 3.05% | −2.27 pp |
| Q1 2012 | 2012-03-31 | 4.27% | −0.28 pp |
| Q4 2011 | 2011-12-31 | 2.91% | −0.79 pp |
| Q3 2011 | 2011-09-30 | 17.42% | +13.62 pp |
| Q2 2011 | 2011-06-30 | 5.32% | +3.26 pp |
| Q1 2011 | 2011-03-31 | 4.55% | — |
| Q4 2010 | 2010-12-31 | 3.69% | — |
| Q3 2010 | 2010-09-30 | 3.79% | — |
| Q2 2010 | 2010-06-30 | 2.06% | — |
Smith A O return on equity trends
Over the last five fiscal years, Smith A O's return on equity increased from 19.62% to 29.20%, a change of +9.57 percentage points. The latest reported quarter, Q2 2026, shows 6.72%.
About the metric
What return on equity (ROE) means
Return on equity (ROE) measures how much net income a company generates relative to shareholders’ equity. It can help evaluate how efficiently equity capital is used, but unusually high or negative values may reflect leverage, losses, or a small equity base.
Calculation and source
How return on equity is calculated
TickerStat calculates ROE as SEC-reported net income divided by average stockholders’ equity at the beginning and end of the fiscal period. Periods with missing or non-positive average equity are omitted. Quarterly ROE uses quarterly net income and is not annualized. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Smith A O source filings ↗