A. O. Smith Corporation
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MILWAUKEE, April 2, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its first quarter 2025 financial results before the market opens on Tuesday, April 29, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).
A. O. Smith will release first quarter financial results before the market opens April 29.
The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "First Quarter Conference Call" link.
Company recognized for its commitment to robust ethics, compliance and governance programs
MILWAUKEE, March 11, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS), a leader in water heating and water treatment, announces today it has been recognized as a 2025 World's Most Ethical Company by Ethisphere, a global leader in defining and advancing the standards of ethical business practices.
2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)
Sales of $3.8 billion, a decrease of 1% primarily driven by lower sales in ChinaNet earnings of $533.6 million and diluted earnings per share (EPS) of $3.63, a 2% decrease, primarily due to lower sales as well as a $0.10 reduction to EPS for restructuring and impairment expenses to right size the businesses in China and North America water treatmentAdjusted earnings of $548.0 million resulted in adjusted EPS of $3.73, a decrease of 2%Returned $496 million of capital to shareholders through dividend and share repurchasesPureit acquisition, which closed in the fourth quarter, had a minimal impact on 2024 results
MILWAUKEE, Jan. 16, 2025 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.34 per share on the company's Common Stock and Class A Common Stock.
A. O. Smith reports Q4 2024 dividend.
The dividend is payable on Tuesday, February 18 to shareholders of record Friday, January 31, 2025.
About A. O. SmithA. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. For more information, visit www.aosmith.com.
MILWAUKEE, Jan. 3, 2025 /PRNewswire/ -- A. O. Smith Corporation (NYSE: AOS) will release its fourth quarter 2024 financial results before the market opens on Thursday, January 30, and has scheduled an investor conference call to follow at 10:00 a.m. (Eastern Daylight Time).
A. O. Smith Corporation to release fourth quarter 2024 financial results Jan. 30.
The call can be heard live on the company's website, www.aosmith.com. An audio replay of the call will be available on the company's website after the live event. To access the archived audio replay, go to the "Investors" page and select the "Fourth Quarter Conference Call" link.
Announces water goal; shares progress on greenhouse gas emissions reduction
MILWAUKEE, Nov. 7, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) announced the release of its 2024 Sustainability Report, which documents the company's environmental, social and governance activities, progress and performance over the past two years. The report also announces the company's first public water goal — an annual water savings of 40 million gallons by 2030. This is the fourth sustainability report released by the company in the last six years.
MILWAUKEE, Nov. 1, 2024 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company") (NYSE: AOS) today announced it has completed its acquisition of Pureit, a Unilever PLC business at a purchase price of approximately $120 million, subject to customary adjustments. Pureit offers a broad range of residential water purification solutions, primarily in India.
Third Quarter 2024 Highlights(Comparisons are year-over-year ("YoY"), unless otherwise noted)
Sales of $903 million, a decrease of 4%, driven by lower sales in China and lower volumes of water heaters in North AmericaNet earnings of $120 million, a decrease of 11%Diluted earnings per share (EPS) of $0.82, a decrease of 9% Reaffirm revised 2024 EPS outlook of $3.70 to $3.856% increase to our dividend; we have increased our dividend for 32 consecutive yearsRecently announced Pureit acquisition on track to close by the end of 2024
Summary(Comparisons are year-over-year ("YoY"), unless otherwise noted)
Preliminary third quarter sales of $903 million, a decrease of 4%, due to lower sales in China and North America water heatingPreliminary third quarter earnings per share ("EPS") of $0.82, a decrease of 9%Preliminary cash provided by operations of $360 million and preliminary free cash flow of $283 million in the first nine months of 2024Lowered full year EPS guidance to be between $3.70 and $3.85 compared to prior guidance of $3.95 to $4.10
MILWAUKEE, Oct. 7, 2024 /PRNewswire/ -- On Monday, October 7, 2024, the board of directors of A. O. Smith Corporation (NYSE: AOS) approved a 6% increase in the company's quarterly cash dividend rate to $0.34 per share. The dividend increase affects the company's Common Stock and Class A Common Stock.
A. O. Smith announces quarterly dividend.
The dividend is payable on Friday, November 15 to shareholders of record October 31, 2024.
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