A. O. Smith (AOS) Debt/Assets Ratio: History & Chart

A. O. Smith Corporation (AOS)AOSA. O. Smith Corporation

About A. O. Smith Corporation

A. O. Smith Corporation (AOS) is a global manufacturer and marketer specializing in a comprehensive array of water heating and treatment solutions. Its operations span North America, China, Europe, and India, organized into two primary geographic segments: North America and Rest of World. The company's product portfolio is extensive, featuring residential and commercial water heaters (gas, heat pump, and electric models), boilers, storage tanks, and various water treatment systems. These products cater to a wide range of applications, including homes, apartments, and condominiums, as well as commercial entities such as restaurants, hotels, office buildings, laundries, car washes, small businesses, hospitals, and schools. Specific offerings include diverse water treatment products like point-of-entry water softeners, well water purification systems, whole-home filtration units, portable filtration bottles, point-of-use carbon filters, and reverse osmosis systems, designed for residential, restaurant, hotel, and office use. A. O. Smith also supplies food and beverage filtration products, expansion tanks, commercial solar water heating installations, and heaters for swimming pools and spas, along with associated components. Advanced heating solutions further encompass heat pumps, electric wall-hung units, gas tankless heaters, combi-boilers, and integrated heat pump and solar water heaters. Products are primarily sold under established brands such as A. O. Smith, State, and Lochinvar, in addition to specialized water softener brands. The company leverages various distribution channels, including independent wholesale plumbing distributors, retail outlets like hardware and home center chains, and manufacturer representative firms. Its Aquasana-branded products are sold directly to consumers through e-commerce platforms and other online retailers. Founded in 1874, A. O. Smith Corporation maintains its corporate headquarters in Milwaukee, Wisconsin.

Milwaukee, WI

11,500 employees

www.aosmith.com

Industrials / Industrial - Machinery

Sector: Industrials
Industry: Industrial - Machinery
CEO: Stephen Shafer

View full financials

AOS Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

18.57%

DEBT TO ASSETS RATIO AVG TTM

11.97%

DEBT TO ASSETS RATIO AVG 3Y

6.38%

DEBT TO ASSETS RATIO AVG 5Y

7.14%

DEBT TO ASSETS RATIO AVG 10Y

9.12%

DEBT TO ASSETS RATIO AVG 15Y

9.79%

DEBT TO ASSETS RATIO AVG 20Y

11.02%

CURRENT VS TTM AVG

+55.09%

CURRENT VS 3Y AVG

+191.15%

CURRENT VS 5Y AVG

+159.97%

CURRENT VS 10Y AVG

+103.67%

CURRENT VS 15Y AVG

+89.69%

CURRENT VS 20Y AVG

+68.55%

SECTOR MEDIAN · INDUSTRIALS

0.28%

median of 128 covered companies

CURRENT VS SECTOR MEDIAN

+6531.32%

vs the sector median at left

NAME	MARKET CAP	DEBT TO ASSETS RATIO	TTM	3Y	5Y
A. O. Smith Corporation (AOS)	$8.87B	18.57%	11.97%	6.38%	7.14%
Booz Allen Hamilton Holding Corporation (BAH)vs ›	$9.15B	0.55%	N/A	N/A	N/A
AeroVironment, Inc. (AVAV)vs ›	$9.45B	0.15%	N/A	N/A	N/A
Valmont Industries, Inc. (VMI)vs ›	$9.53B	0.25%	N/A	N/A	N/A
Aecom (ACM)vs ›	$9.75B	0.28%	N/A	N/A	N/A
Planet Labs PBC (PL)vs ›	$7.97B	0.39%	N/A	N/A	N/A
Fluor Corporation (FLR)vs ›	$7.96B	0.14%	N/A	N/A	N/A
Powell Industries, Inc. (POWL)vs ›	$7.71B	0.00%	N/A	N/A	N/A
Pool Corporation (POOL)vs ›	$7.52B	0.45%	N/A	N/A	N/A
AGCO Corporation (AGCO)vs ›	$7.20B	0.01%	N/A	N/A	N/A

NAME

MARKET CAP

DEBT TO ASSETS RATIO

TTM

A. O. Smith Corporation (AOS)

$8.87B

18.57%

11.97%

6.38%

7.14%

Booz Allen Hamilton Holding Corporation (BAH)vs ›

$9.15B

0.55%

N/A

AeroVironment, Inc. (AVAV)vs ›

$9.45B

0.15%

N/A

Valmont Industries, Inc. (VMI)vs ›

$9.53B

0.25%

N/A

Aecom (ACM)vs ›

$9.75B

0.28%

N/A

Planet Labs PBC (PL)vs ›

$7.97B

0.39%

N/A

Fluor Corporation (FLR)vs ›

$7.96B

0.14%

N/A

Powell Industries, Inc. (POWL)vs ›

$7.71B

0.00%

N/A

Pool Corporation (POOL)vs ›

$7.52B

0.45%

N/A

AGCO Corporation (AGCO)vs ›

$7.20B

0.01%

N/A

Debt to Assets Ratio FAQ

What is the debt to assets ratio for A. O. Smith Corporation (AOS)?

The debt to assets ratio for AOS stock is 18.57%.

Is A. O. Smith Corporation's debt to assets ratio high or low?

The debt to assets ratio of 18.57% is 126% above its 5-year average of 8.20%, near the high end of its 5-year range (4.18%–18.57%).

What is the TTM average debt to assets ratio for A. O. Smith Corporation (AOS)?

The TTM average debt to assets ratio for AOS stock is 11.97%.

What is the 3Y average debt to assets ratio for A. O. Smith Corporation (AOS)?

The 3Y average debt to assets ratio for AOS stock is 6.38%.

What is the 5Y average debt to assets ratio for A. O. Smith Corporation (AOS)?

The 5Y average debt to assets ratio for AOS stock is 7.14%.

What is the 10Y average debt to assets ratio for A. O. Smith Corporation (AOS)?

The 10Y average debt to assets ratio for AOS stock is 9.12%.

What is the 15Y average debt to assets ratio for A. O. Smith Corporation (AOS)?

The 15Y average debt to assets ratio for AOS stock is 9.79%.

What is the 20Y average debt to assets ratio for A. O. Smith Corporation (AOS)?

The 20Y average debt to assets ratio for AOS stock is 11.02%.

DATE	DEBT TO ASSETS RATIO
2026-06-30	18.57%
2026-03-31	17.98%
2025-12-31	6.11%
2025-09-30	6.98%
2025-06-30	10.21%
2025-03-31	9.03%
2024-12-31	6.69%
2024-09-30	4.54%
2024-06-30	5.16%
2024-03-31	4.59%
2023-12-31	4.83%
2023-09-30	4.86%
2023-06-30	7.14%
2023-03-31	10.97%
2022-12-31	11.01%
2022-09-30	9.63%
2022-06-30	9.68%
2022-03-31	9.32%
2021-12-31	6.30%
2021-09-30	4.18%
2021-06-30	4.47%
2021-03-31	4.58%
2020-12-31	4.67%
2020-09-30	5.38%
2020-06-30	10.68%
2020-03-31	12.73%
2019-12-31	10.55%
2019-09-30	12.09%
2019-06-30	12.93%
2019-03-31	10.75%
2018-12-31	7.21%
2018-09-30	6.39%
2018-06-30	8.04%
2018-03-31	9.44%
2017-12-31	12.84%
2017-09-30	14.48%
2017-06-30	12.57%
2017-03-31	12.56%
2016-12-31	11.19%
2016-09-30	11.90%
2016-06-30	10.55%
2016-03-31	10.84%
2015-12-31	9.41%
2015-09-30	10.03%
2015-06-30	10.80%
2015-03-31	11.85%
2014-12-31	8.90%
2014-09-30	10.23%
2014-06-30	10.30%
2014-03-31	9.53%
2013-12-31	8.02%
2013-09-30	9.70%
2013-06-30	9.12%
2013-03-31	10.11%
2012-12-31	10.76%
2012-09-30	12.51%
2012-06-30	12.99%
2012-03-31	14.19%
2011-12-31	19.65%
2011-09-30	16.74%
2011-06-30	17.52%
2011-03-31	15.41%
2010-12-31	12.36%
2010-09-30	13.78%
2010-06-30	12.44%
2010-03-31	14.63%
2009-12-31	13.32%
2009-09-30	12.93%
2009-06-30	16.37%
2009-03-31	19.32%
2008-12-31	17.77%
2008-09-30	18.56%
2008-06-30	20.00%
2008-03-31	22.84%
2007-12-31	21.31%
2007-09-30	22.79%
2007-06-30	23.74%
2007-03-31	24.79%
2006-12-31	23.86%
2006-09-30	26.32%
2006-06-30	26.62%
2006-03-31	17.79%
2005-12-31	13.10%
2005-09-30	16.40%
2005-06-30	18.61%
2005-03-31	19.99%
2004-12-31	21.41%
2004-09-30	22.33%
2004-06-30	21.52%
2004-03-31	21.72%
2003-12-13	21.53%
2003-09-30	21.07%
2003-06-30	21.38%
2003-03-31	20.95%
2002-12-31	20.47%
2002-09-30	17.75%

DATE

DEBT TO ASSETS RATIO

2026-06-30

18.57%

2026-03-31

17.98%

2025-12-31

6.11%

2025-09-30

6.98%

2025-06-30

10.21%

2025-03-31

9.03%

2024-12-31

6.69%

2024-09-30

4.54%

2024-06-30

5.16%

2024-03-31

4.59%

2023-12-31

4.83%

2023-09-30

4.86%

2023-06-30

7.14%

2023-03-31

10.97%

2022-12-31

11.01%

2022-09-30

9.63%

2022-06-30

9.68%

2022-03-31

9.32%

2021-12-31

6.30%

2021-09-30

4.18%

2021-06-30

4.47%

2021-03-31

4.58%

2020-12-31

4.67%

2020-09-30

5.38%

2020-06-30

10.68%

2020-03-31

12.73%

2019-12-31

10.55%

2019-09-30

12.09%

2019-06-30

12.93%

2019-03-31

10.75%

2018-12-31

7.21%

2018-09-30

6.39%

2018-06-30

8.04%

2018-03-31

9.44%

2017-12-31

12.84%

2017-09-30

14.48%

2017-06-30

12.57%

2017-03-31

12.56%

2016-12-31

11.19%

2016-09-30

11.90%

2016-06-30

10.55%

2016-03-31

10.84%

2015-12-31

9.41%

2015-09-30

10.03%

2015-06-30

10.80%

2015-03-31

11.85%

2014-12-31

8.90%

2014-09-30

10.23%

2014-06-30

10.30%

2014-03-31

9.53%

2013-12-31

8.02%

2013-09-30

9.70%

2013-06-30

9.12%

2013-03-31

10.11%

2012-12-31

10.76%

2012-09-30

12.51%

2012-06-30

12.99%

2012-03-31

14.19%

2011-12-31

19.65%

2011-09-30

16.74%

2011-06-30

17.52%

2011-03-31

15.41%

2010-12-31

12.36%

2010-09-30

13.78%

2010-06-30

12.44%

2010-03-31

14.63%

2009-12-31

13.32%

2009-09-30

12.93%

2009-06-30

16.37%

2009-03-31

19.32%

2008-12-31

17.77%

2008-09-30

18.56%

2008-06-30

20.00%

2008-03-31

22.84%

2007-12-31

21.31%

2007-09-30

22.79%

2007-06-30

23.74%

2007-03-31

24.79%

2006-12-31

23.86%

2006-09-30

26.32%

2006-06-30

26.62%

2006-03-31

17.79%

2005-12-31

13.10%

2005-09-30

16.40%

2005-06-30

18.61%

2005-03-31

19.99%

2004-12-31

21.41%

2004-09-30

22.33%

2004-06-30

21.52%

2004-03-31

21.72%

2003-12-13

21.53%

2003-09-30

21.07%

2003-06-30

21.38%

2003-03-31

20.95%

2002-12-31

20.47%

2002-09-30

17.75%

Debt to Assets Ratio: 18.57%

AOS Debt to Assets Ratio

AOS Average Debt to Assets Ratio Chart

AOS Current vs Average Debt to Assets Ratio Chart

AOS Debt to Assets Ratio Metrics

AOS Competitors' Debt to Assets Ratio

Leverage Ratios Comparison

Debt to Assets Ratio Formula & Definition

Debt to Assets Ratio FAQ

AOS Debt to Assets Ratio History

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