A.O. Smith Cash Flow Statement
NYSE: AOSConsumer DiscretionaryConsumer Electronics/AppliancesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
A.O. Smith free cash flow
In fiscal 2025, A.O. Smith generated $616.8 million of operating cash flow and spent $70.8 million on capital expenditures. That left free cash flow of $546.0 million, a free-cash-flow margin of 14.3% of revenue. Free cash flow was up 15.2% from the prior year's $473.8 million.
A.O. Smith returned $596.5 million to shareholders: $195.7 million in dividends and $400.8 million in share repurchases, equal to 109% of free cash flow. Free cash flow covered dividend payments 2.8 times.
Summary generated from market data by MetaCap's automated system. Methodology
A.O. Smith cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 546.20M | 533.60M | 556.60M | 235.70M | 487.10M | 344.90M | 370.00M | 444.20M | 296.50M | 326.50M |
| Net Income growth (YoY) | +2.36% | -4.13% | +136.15% | -51.61% | +41.23% | -6.78% | -16.70% | +49.81% | -9.19% | +15.41% |
| Depreciation & Amortization | 85.10M | 78.80M | 78.30M | 76.90M | 77.90M | 80.00M | 78.30M | 71.90M | 70.10M | 65.10M |
| Stock-Based Compensation | 13.80M | 14.90M | 11.50M | 11.10M | 11.90M | 12.70M | 13.30M | 10.10M | 9.90M | 9.40M |
| Change in Working Capital | -77.40M | 2.60M | -19.70M | -129.70M | 7.90M | 93.00M | 33.30M | -53.50M | -118.40M | 63.00M |
| Operating Cash Flow | 616.80M | 581.80M | 670.30M | 391.40M | 641.10M | 562.10M | 456.20M | 448.90M | 326.40M | 446.60M |
| Capital Expenditures | -70.80M | -108.00M | -72.60M | -70.30M | -75.10M | -56.80M | -64.40M | -85.20M | -94.20M | -80.70M |
| Investing Cash Flow | -53.00M | -267.10M | -24.10M | 8.10M | -349.90M | 11.80M | 33.90M | -12.70M | -158.10M | -300.20M |
| Dividends Paid | -195.70M | -190.40M | -183.50M | -177.20M | -170.10M | -158.70M | -149.20M | -130.10M | -96.90M | -84.20M |
| Share Repurchases | -400.80M | -305.80M | -306.50M | -403.50M | -366.50M | -56.70M | -287.70M | -202.60M | -139.10M | -135.20M |
| Debt Issued | 1.09B | 1.10B | 688.00M | 150.60M | 83.50M | — | 62.60M | — | 86.50M | 74.10M |
| Debt Repaid | -1.12B | -1.03B | -906.10M | — | — | -170.80M | — | -189.00M | — | — |
| Financing Cash Flow | -633.10M | -408.40M | -684.70M | -430.80M | -421.00M | -374.80M | -375.80M | -523.10M | -152.10M | -139.60M |
| Net Change in Cash | -65.10M | -100.30M | -51.30M | -52.10M | -129.80M | 199.10M | 114.30M | -86.90M | 16.20M | 6.80M |
| Free Cash Flow | 546.00M | 473.80M | 597.70M | 321.10M | 566.00M | 505.30M | 391.80M | 363.70M | 232.20M | 365.90M |
This table shows 10 annual periods of A.O. Smith's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow AOS's reporting calendar. What is a cash flow statement?