Welcome to our dedicated page for A O Smith news (Ticker: AOS), a resource for investors and traders seeking the latest updates and insights on A O Smith stock.
AO Smith Corporation (AOS) maintains its position as a global leader in water technology solutions through continuous innovation and strategic market expansion. This dedicated news hub provides investors and industry professionals with comprehensive access to official company announcements, financial updates, and operational developments.
Track AO Smith's latest earnings reports, product launches, and strategic partnerships through verified press releases and curated news analysis. Our repository focuses on critical updates including water heater technology advancements, boiler system innovations, and international market expansions across North America, China, and emerging economies.
Key updates include quarterly financial performance, leadership changes, manufacturing facility developments, and sustainability initiatives within the water technology sector. Bookmark this page for real-time access to AO Smith's corporate communications and industry-specific analysis from trusted financial sources.
A. O. Smith reported Q1 2025 financial results with sales of $964 million, showing a 2% decrease from the previous year. The company's net earnings were $136.6 million with earnings per share of $0.95, down 5% year-over-year.
Key highlights include:
- North America sales declined 2% but showed 9% sequential quarter growth
- Rest of World segment saw margin improvement of 110 basis points
- China operations achieved 200 basis point margin expansion despite 4% sales decline
- Company repurchased $121 million in shares
The company maintained its 2025 outlook with consolidated sales expected to be flat to up 2%, and projected EPS range of $3.60 to $3.90. Management noted positive momentum in North America water heater volumes and strong performance in high-efficiency boiler products, which saw a 10% increase in sales.
A. O. Smith (NYSE: AOS) announced significant leadership changes effective July 1, 2025. Kevin Wheeler will transition from chairman and CEO to executive chairman, while Stephen Shafer will be appointed to the Board of Directors and assume the role of president and CEO.
Shafer, who joined as president and COO in March 2024, will become the 11th CEO in the company's 151-year history. He will oversee global operations, strategy development, profitability, and shareholder return. Wheeler will continue leading the Board of Directors and remain involved in strategic development, M&A, investor relations, and executive talent development.
Under Wheeler's leadership, A. O. Smith acquired Giant Factories and six water treatment companies. He successfully guided the company through the COVID-19 pandemic while maintaining business continuity. Shafer brings extensive experience from his previous roles at 3M Company, where he most recently served as president of the Automotive and Aerospace Solutions Division.
A. O. Smith (NYSE: AOS) has announced its 2025 first quarter dividend payment. The company's Board of Directors has declared a regular quarterly cash dividend of $0.34 per share on both Common Stock and Class A Common Stock. The dividend will be paid on May 15, 2025, to shareholders who are on record as of April 30, 2025.
A. O. Smith (NYSE: AOS) has announced its upcoming first quarter 2025 financial results release and investor conference call schedule. The company will disclose its Q1 2025 results on Tuesday, April 29, 2025, before market opening.
An investor conference call is scheduled for 10:00 a.m. Eastern Daylight Time on the same day. Interested parties can access the live call through the company's website at www.aosmith.com. For those unable to attend the live event, an audio replay will be made available on the company's website under the 'Investors' page by selecting the 'First Quarter Conference Call' link.
A. O. Smith (NYSE: AOS), a leader in water heating and water treatment, has been named one of the 2025 World's Most Ethical Companies by Ethisphere for the second consecutive year. The company is among just 12 honorees in the industrial manufacturing category, out of 136 total honorees across 19 countries and 44 industries.
The recognition is based on Ethisphere's Ethics Quotient® assessment, which evaluates companies through 240+ proof points covering ethics, compliance, governance, environmental and social impact, and value chain initiatives. Chairman and CEO Kevin Wheeler emphasized that ethics forms the foundation of A. O. Smith's business operations and daily values.
A. O. Smith (NYSE: AOS) reported its 2024 results with sales of $3.8 billion, showing a 1% decrease primarily due to lower sales in China. Net earnings were $533.6 million with diluted EPS of $3.63, down 2% year-over-year. The company faced challenges from a weak Chinese economy and soft North America water heater demand in the second half of 2024.
Notable highlights include an 8% increase in North American boiler sales, $496 million returned to shareholders through dividends and share repurchases, and the acquisition of Pureit in Q4. The company implemented restructuring measures, including $11.3 million in severance expenses in China and $6.3 million in North America water treatment business improvements.
For 2025, A. O. Smith projects consolidated sales to be flat to up 2% compared to 2024, with EPS guidance between $3.60 and $3.90. The company expects flat water heater industry unit volumes in North America and continued double-digit sales growth in India, while anticipating a single-digit sales decline in China.
A. O. Smith (NYSE: AOS) has announced its regular quarterly cash dividend for Q4 2024. The company's Board of Directors has declared a dividend of $0.34 per share on both Common Stock and Class A Common Stock. The dividend will be paid on February 18, 2025, to shareholders of record as of January 31, 2025.
A. O. Smith (NYSE: AOS) has announced its upcoming fourth quarter 2024 financial results release, scheduled for Thursday, January 30, 2025, before market opening. The company will host an investor conference call at 10:00 a.m. Eastern Daylight Time on the same day.
Investors and interested parties can access the live call through the company's website at www.aosmith.com. For those unable to attend the live event, an audio replay will be made available on the website's 'Investors' page under the 'Fourth Quarter Conference Call' section.
A. O. Smith (NYSE: AOS) has released its 2024 Sustainability Report, marking its fourth sustainability publication in six years. The company announced its first public water goal, targeting an annual water savings of 40 million gallons by 2030. Key achievements include surpassing their greenhouse gas emissions reduction goal by 17% and donating over $1.75 million to 199 nonprofit organizations in 2023.
The report, coinciding with the company's 150th anniversary, outlines progress in water heating and treatment technologies, policy advocacy, and employee development. A. O. Smith made significant strides in sustainability through administrative controls, process optimization, and water recycling technologies while maintaining leadership in energy and water efficiency standards.
A. O. Smith (NYSE: AOS) has completed the acquisition of Pureit, a Unilever water purification business, for approximately $120 million. Pureit, launched in 2004 in Chennai, India, offers residential water purification solutions across India, Bangladesh, Sri Lanka, Vietnam, and Mexico. The acquisition strengthens A. O. Smith's premium water treatment portfolio and distribution footprint, particularly in e-commerce channels. The company notes that the acquisition will not materially impact earnings in the first year.
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