A. O. Smith Corporation (AOS)
NYSE:AOS
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.98Last Year’s EPS
1.07Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presents a balanced picture: notable operational and financial positives (strong free cash flow, share repurchases, dividend, Leonard Valve contribution, margin expansion in North America, and maintained free cash flow/EPS guidance) are tempered by material near-term headwinds (steep China declines, Rest of World weakness, rising steel and freight costs, one-time restructuring and weather-related production impacts, and higher leverage from the acquisition). Management articulated actions to improve profitability and provided clear guidance, but near-term margin pressure and China weakness represent meaningful risks.Company Guidance
Strong Free Cash Flow and Balance Sheet Actions
Generated free cash flow of $119M in Q1 (a significant increase vs. 2025); cash balance $204M; repurchased ~700k shares for $51M in Q1 and plan to repurchase $200M in 2026; Board approved quarterly dividend of $0.36 per share.
North America Revenue and Margin Improvements
North America sales rose 1% to $753M; operating margin expanded by almost 100 basis points in the quarter; North America segment earnings were $175M with a 23.3% segment margin despite lower residential water heater volumes.
Leonard Valve Acquisition Contributing Growth
Leonard Valve contributed $16M of sales in Q1, is on track for another year of double-digit growth, and is projected to contribute ~ $70M in sales for 2026; integration is on track and backlog is strong.
Product-Specific Strengths - Boilers & Water Treatment
North America boiler sales grew 2% in Q1 and are guided to grow 6%–8% in 2026; North America water treatment sales increased 1% in Q1 and priority dealer channel grew ~10% in the quarter.
Maintained Full-Year Cash and EPS Targets
Company maintains strong free cash flow guidance of $525M–$575M for 2026 and provided adjusted EPS guidance of $3.70–$4.00 (excludes expected ~ $20M restructuring/impairment in Q2).
Operational and Strategic Actions to Improve Profitability
Announced operational excellence initiatives including AI/process intelligence and a North America water treatment footprint/brand rationalization expected to yield ~$6M–$8M annual savings beginning 2027 (with an estimated ~$20M restructuring charge to be recognized in Q2).
AOS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AOS Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $63.32 | $61.84 | -2.34% |
Jan 29, 2026 | $68.76 | $72.40 | +5.30% |
Oct 28, 2025 | $67.52 | $65.78 | -2.58% |
Jul 24, 2025 | $69.91 | $72.42 | +3.59% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does A. O. Smith Corporation (AOS) report earnings?
A. O. Smith Corporation (AOS) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is A. O. Smith Corporation (AOS) earnings time?
A. O. Smith Corporation (AOS) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AOS EPS forecast?
AOS EPS forecast for the fiscal quarter 2026 (Q2) is 0.98.