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Smith A.O. Corp (AOS)

Smith A.O. Corp (AOS)
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A. O. Smith Corporation is the manufacturers of commercial and residential water heating equipment and water treatment products of the world. The company specializes in offering innovative and energy-efficient solutions and products, which are developed and sold on a global platform. A. O. Smith reports operations under two geographic segments - North America and Rest of World. North America segment engages in manufacturing and marketing of water heaters, boilers, water treatment products, commercial solar water heating systems, expansion tanks, swimming pool and spa heaters, and others. These products are sold primarily to the company's commercial and residential customers in North America. Main product brands under this segment are Lochinvar, Aquasana, Bradford White, Rheem, Rinnai, Navien and Aerco. Rest of World segment comprises operations primarily manufactures and markets vast products, comprising fully modulating, non-condensing gas tankless water heater, air purifier and water treatment products.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Sales 3,852,800 3,753,900 3,538,900 2,895,300 2,992,700
Sales Growth +2.63% +6.08% +22.23% -3.25% -6.12%
Net Income 556,600 235,700 487,100 344,900 370,000
Net Income Growth +136.15% -51.61% +41.23% -6.78% -16.70%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Total Assets 3,213,900 3,332,300 3,474,400 3,160,700 3,058,000
Total Assets Growth -3.55% -4.09% +9.93% +3.36% -0.44%
Total Liabilities 1,369,500 1,584,600 1,642,200 1,312,400 1,391,200
Total Liabilities Growth -13.57% -3.51% +25.13% -5.66% +2.71%
(Values in U.S. Thousands) Dec, 2023 Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019
Operating Cash Flow 670,300 391,400 641,100 562,100 456,200
Operating Cash Flow Growth +71.26% -38.95% +14.05% +23.21% +1.63%
Net Cash Flow -51,300 -52,100 -129,800 199,100 114,300
Change in Net Cash Flow +1.54% +59.86% -165.19% +74.19% +231.53%
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