NYSE$AOS

A O Smith Corp · Q2 2025 earnings

Q2 2025 earnings · · Before market open · Investor relations

Briefing

A O Smith Corp reported net sales of $1.01 billion and net earnings of $152.2 million for Q2 2025.

A. O. Smith Corporation reported Q2 2025 net sales of $1,011.3 million, down from $1,024.3 million in Q2 2024, primarily due to lower residential water heater volumes in North America and lower China sales, partially offset by higher boiler sales and the Pureit acquisition. Gross profit margin improved to 39.3% from 38.7%. Diluted EPS was $1.07, flat year-over-year.

  • Q2 net sales declined 1.3% year-over-year to $1,011.3 million driven by lower North America residential water heater volumes and China weakness.
  • North America segment sales fell to $779.0 million while Rest of World sales were $240.1 million including $16 million from Pureit.
  • Gross profit margin rose to 39.3% due to favorable product mix in water treatment and high-efficiency water heaters.
  • Company expects full-year 2025 sales growth of 1-3% and EPS of $3.70-$3.90.

Headline financials

Total Revenue

$1.01B

Previous: $1.02B-1.3%
EPS (adj)

$1.07

Previous: $1.06+0.9%
Net Income

$152M

Previous: $156M-2.6%
Operating Income

$206M

Previous: $224M-8.0%
Gross Profit

$397M

Previous: $396M+0.3%

Revenue & EPS history

A O Smith · Revenue · Quarterly

$1.01B

Q2 2025-1.3%vs Q2 2024
Beat estimate in 10 of 16 quarters(63%)
ActualEstimate

Revenue by segment

A O Smith · $1.02B total across 2 segments · Q2 2025

  • North America
    $779M
  • Rest of World
    $240M

Forward guidance

Company expects 2025 consolidated sales to increase 1-3% and EPS between $3.70 and $3.90.

Tailwinds

  • Boiler sales expected to grow 4-6%
  • Pricing actions and cost initiatives to mitigate tariffs

Headwinds

  • China sales projected to decline 5-8% in local currency
  • Flat industry volumes in North America residential and commercial

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports

Historical avg

+1.1%

Avg return

Earnings day

+1.1%

Avg return

5 days after

+1.8%

Avg return

30 days after

59%

40 / 68 earnings

Positive

+17.5%

Q4 2022

Best reaction

-9.7%

Q2 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2025
Q1 2026-2.9%-7.5%-10.9%
Q4 2025+5.9%+9.9%+12.2%
Q3 2025-2.6%-3.8%-3.3%
Q1 2025+3.5%+5.7%-0.1%
Q4 2024-2.8%-5.1%-4.0%
Q3 2024-1.7%-2.2%-7.2%
Q2 2024-9.1%-4.9%-8.6%
Q1 2024-4.4%-4.8%-2.6%
Q4 2023-4.9%-4.1%+1.5%
Q3 2023+4.0%+7.0%+16.6%
Q2 2023-3.8%-3.3%-7.1%
Q1 2023+1.2%+3.4%-1.2%
Q4 2022+17.5%+15.9%+13.6%
Q3 2022+4.7%+5.1%+19.1%
Q2 2022+4.5%-0.1%-3.5%
Q1 2022-7.1%-6.0%-2.7%
Q4 2021+1.0%+1.1%-7.1%
Q3 2021+13.7%+22.0%+26.1%
Q2 2021+1.3%+3.2%+4.3%
Q1 2021+1.8%+7.5%+6.8%
Q4 2020+2.1%+7.9%+11.6%
Q3 2020+0.4%+3.6%+10.9%
Q2 2020-9.7%-10.0%-7.4%
Q1 2020+4.0%+6.7%+20.5%
Q4 2019+1.1%-2.6%-8.4%
Q3 2019-1.9%-2.1%-5.1%
Q2 2019+3.7%-0.2%+5.3%
Q1 2019-5.9%-3.9%-26.2%
Q4 2018-0.8%-0.1%+7.7%
Q3 2018+7.7%+13.7%+10.8%
Q2 2018-0.3%-1.6%-2.0%
Q1 2018+0.9%-1.2%+3.8%
Q4 2017-0.1%-3.3%-7.1%
Q3 2017-3.6%-4.4%-2.2%
Q2 2017-2.0%-2.7%-2.0%
Q1 2017+1.7%+0.5%+2.1%
Q4 2016+1.9%+1.9%+3.6%
Q3 2016-3.9%-3.4%+5.3%
Q2 2016+5.6%+4.7%+7.6%
Q1 2016-3.4%
Q4 2015+2.8%
Q3 2015+2.8%
Q2 2015+5.5%
Q1 2015+0.6%
Q4 2014+6.3%
Q3 2014+3.8%
Q2 2014+6.2%
Q1 2014+1.0%
Q4 2013-2.8%
Q3 2013+9.9%
Q2 2013+2.3%
Q1 2013+6.9%
Q4 2012+3.7%
Q3 2012+0.5%
Q2 2012+4.6%
Q1 2012+2.4%
Q4 2011-0.7%
Q3 2011-4.7%
Q2 2011-2.2%
Q1 2010-0.7%
Q1 2011-0.7%
Q4 2010+2.2%
Q4 2008+2.2%
Q3 2010+4.4%
Q3 2009+4.4%
Q2 2009+0.0%
Q4 2009+0.0%
Q2 2010+0.0%

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