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A. O. Smith Corporation (AOS)
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A. O. Smith Corporation (AOS) Dividend Payout Ratio: 37.77%

Is A. O. Smith Corporation’s dividend payout ratio high or low?

A. O. Smith Corporation's dividend payout ratio of 37.77% is 12% below its 5-year average of 42.69%, near the low end of its 5-year range (24.74%–98.64%).

As of Wednesday, June 24, 2026. 1.33% above its 12-month average of 37.28%.

Dividend Payout Ratio (37.77%) = TTM Dividends/Share ($1.42) / TTM EPS ($3.76)

AOS Dividend Payout Ratio

AOS Dividend Payout Ratio Chart

37.77%
+0.92% 1Y
AOS Dividend Payout Ratio

AOS Average Dividend Payout Ratio Chart

AOS Dividend Payout Ratio

AOS Current vs Average Dividend Payout Ratio Chart

AOS Dividend Payout Ratio Metrics

DIVIDEND PAYOUT RATIO

37.77%

DIVIDEND PAYOUT RATIO AVG TTM

37.28%

DIVIDEND PAYOUT RATIO AVG 3Y

35.57%

DIVIDEND PAYOUT RATIO AVG 5Y

35.97%

DIVIDEND PAYOUT RATIO AVG 10Y

35.44%

DIVIDEND PAYOUT RATIO AVG 15Y

34.32%

DIVIDEND PAYOUT RATIO AVG 20Y

32.76%

CURRENT VS TTM AVG

+1.33%

CURRENT VS 3Y AVG

+6.20%

CURRENT VS 5Y AVG

+5.02%

CURRENT VS 10Y AVG

+6.57%

CURRENT VS 15Y AVG

+10.07%

CURRENT VS 20Y AVG

+15.31%

Annual Payout Ratio History

YearEPSDividendPayout Ratio
2025$3.86$1.3835.8%
2024$3.65$1.3035.6%
2023$3.71$1.2232.9%
2022$1.52$1.1475.0%
2021$3.05$1.0634.8%
2020$2.14$0.9845.8%
2019$2.24$0.9040.2%
2018$2.60$0.7629.2%
2017$1.72$0.5632.6%
2016$1.87$0.4825.7%
2015$1.59$0.3823.9%
2014$1.15$0.3026.1%
2013$0.93$0.2324.7%
2012$0.88$0.3337.5%
2011$1.67$0.159.0%
2010$0.61$0.1930.7%
2009$0.57$0.1322.5%
2008$0.45$0.1227.4%
2007$0.48$0.1224.3%
2006$0.42$0.1126.2%
2005$0.26$0.1141.0%
2004$0.20$0.1051.7%
2003$0.30$0.1032.2%
2002$0.32$0.0928.1%
2001$0.10$0.0986.7%
2000$0.21$0.0839.7%
1999$0.31$0.0825.8%
1998$0.32$0.0824.3%
1997$0.62$0.0812.2%
1996$0.39$0.0718.8%

A. O. Smith Corporation Dividend Payout Ratio Formula & Definition

The payout ratio shows the share of trailing-12-month earnings paid out as dividends. Lower leaves more room to grow the dividend; a ratio persistently above 100% means dividends exceed earnings.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

A. O. Smith Corporation Dividend Payout Ratio FAQ

What is the dividend payout ratio for A. O. Smith Corporation (AOS)?
The dividend payout ratio for AOS stock is 37.77%.
Is A. O. Smith Corporation's dividend payout ratio high or low?
A. O. Smith Corporation's dividend payout ratio of 37.77% is 12% below its 5-year average of 42.69%, near the low end of its 5-year range (24.74%–98.64%).
What is the TTM average dividend payout ratio for A. O. Smith Corporation (AOS)?
The TTM average dividend payout ratio for AOS stock is 37.28%.
What is the 3Y average dividend payout ratio for A. O. Smith Corporation (AOS)?
The 3Y average dividend payout ratio for AOS stock is 35.57%.
What is the 5Y average dividend payout ratio for A. O. Smith Corporation (AOS)?
The 5Y average dividend payout ratio for AOS stock is 35.97%.
What is the 10Y average dividend payout ratio for A. O. Smith Corporation (AOS)?
The 10Y average dividend payout ratio for AOS stock is 35.44%.
What is the 15Y average dividend payout ratio for A. O. Smith Corporation (AOS)?
The 15Y average dividend payout ratio for AOS stock is 34.32%.
What is the 20Y average dividend payout ratio for A. O. Smith Corporation (AOS)?
The 20Y average dividend payout ratio for AOS stock is 32.76%.

A. O. Smith Corporation Dividend Payout Ratio History

DATEDIVIDEND PAYOUT RATIO
2026-06-2337.77%
2026-06-1837.76%
2026-06-1637.76%
2026-06-1237.76%
2026-06-1037.77%
2026-06-0837.77%
2026-06-0437.76%
2026-06-0237.78%
2026-05-2937.78%
2026-05-2737.77%
2026-05-2237.76%
2026-05-2037.75%
2026-05-1837.77%
2026-05-1437.77%
2026-05-1237.77%
2026-05-0837.78%
2026-05-0637.77%
2026-05-0437.76%
2026-04-3037.77%
2026-04-2836.28%
2026-04-2436.27%
2026-04-2236.27%
2026-04-2036.26%
2026-04-1636.26%
2026-04-1436.27%
2026-04-1036.27%
2026-04-0836.27%
2026-04-0636.28%
2026-04-0136.27%
2026-03-3036.28%
2026-03-2636.27%
2026-03-2436.28%
2026-03-2036.26%
2026-03-1836.28%
2026-03-1636.27%
2026-03-1236.28%
2026-03-1036.27%
2026-03-0636.28%
2026-03-0436.26%
2026-03-0236.27%
2026-02-2636.27%
2026-02-2436.27%
2026-02-2036.27%
2026-02-1836.28%
2026-02-1336.26%
2026-02-1136.27%
2026-02-0937.74%
2026-02-0537.73%
2026-02-0337.74%
2026-01-3046.90%
2026-01-2837.20%
2026-01-2637.19%
2026-01-2237.20%
2026-01-2037.20%
2026-01-1537.19%
2026-01-1337.19%
2026-01-0937.20%
2026-01-0737.19%
2026-01-0537.20%
2025-12-3137.20%
2025-12-2937.20%
2025-12-2437.20%
2025-12-2237.20%
2025-12-1837.20%
2025-12-1637.19%
2025-12-1237.19%
2025-12-1037.20%
2025-12-0837.20%
2025-12-0437.19%
2025-12-0237.20%
2025-11-2837.19%
2025-11-2537.20%
2025-11-2137.20%
2025-11-1937.21%
2025-11-1737.19%
2025-11-1337.19%
2025-11-1137.19%
2025-11-0737.20%
2025-11-0537.20%
2025-11-0337.20%
2025-10-3036.66%
2025-10-2836.67%
2025-10-2437.88%
2025-10-2237.89%
2025-10-2037.89%
2025-10-1637.88%
2025-10-1437.88%
2025-10-1037.88%
2025-10-0837.89%
2025-10-0637.88%
2025-10-0237.87%
2025-09-3037.89%
2025-09-2637.88%
2025-09-2437.87%
2025-09-2237.89%
2025-09-1837.88%
2025-09-1637.88%
2025-09-1237.87%
2025-09-1037.88%
2025-09-0837.88%
2025-09-0437.88%
2025-09-0237.87%
2025-08-2837.88%
2025-08-2637.88%
2025-08-2237.88%
2025-08-2037.88%
2025-08-1837.89%
2025-08-1437.88%
2025-08-1237.88%
2025-08-0837.88%
2025-08-0637.87%
2025-08-0437.88%
2025-07-3137.89%
2025-07-2937.33%
2025-07-2537.32%
2025-07-2337.43%
2025-07-2137.42%
2025-07-1737.43%
2025-07-1537.43%
2025-07-1137.44%
2025-07-0937.42%
2025-07-0737.43%
2025-07-0237.43%
2025-06-3037.44%
2025-06-2637.42%
2025-06-2437.43%
2025-06-2037.44%
2025-06-1737.43%
2025-06-1337.42%
2025-06-1137.44%
2025-06-0937.43%
2025-06-0537.43%
2025-06-0337.44%
2025-05-3037.42%
2025-05-2837.43%
2025-05-2337.43%
2025-05-2137.43%
2025-05-1937.44%
2025-05-1537.43%
2025-05-1337.44%
2025-05-0937.44%
2025-05-0737.44%
2025-05-0537.43%
2025-05-0137.43%
2025-04-2927.93%
2025-04-2536.36%
2025-04-2336.37%
2025-04-2136.36%
2025-04-1636.37%
2025-04-1436.36%
2025-04-1036.36%
2025-04-0836.37%
2025-04-0436.37%
2025-04-0236.35%
2025-03-3136.37%
2025-03-2736.36%
2025-03-2536.36%
2025-03-2136.36%
2025-03-1936.36%
2025-03-1736.36%
2025-03-1336.36%
2025-03-1136.37%
2025-03-0736.36%
2025-03-0536.36%
2025-03-0336.37%
2025-02-2736.37%
2025-02-2536.35%
2025-02-2136.37%
2025-02-1936.37%
2025-02-1436.36%
2025-02-1236.37%
2025-02-1034.74%
2025-02-0634.74%
2025-02-0434.74%
2025-01-3134.74%
2025-01-2925.80%
2025-01-2734.22%
2025-01-2334.22%
2025-01-2134.21%
2025-01-1634.21%
2025-01-1434.21%
2025-01-1034.20%
2025-01-0734.20%
2025-01-0334.21%
2024-12-3134.21%
2024-12-2734.21%
2024-12-2434.21%
2024-12-2034.20%
2024-12-1834.20%
2024-12-1634.21%
2024-12-1234.20%
2024-12-1034.22%
2024-12-0634.21%
2024-12-0434.21%
2024-12-0234.20%
2024-11-2734.21%
2024-11-2534.21%
2024-11-2134.21%
2024-11-1934.21%
2024-11-1534.21%
2024-11-1334.21%
2024-11-1134.21%
2024-11-0734.21%
2024-11-0534.21%
2024-11-0134.21%
2024-10-3025.27%
2024-10-2833.68%
2024-10-2433.68%
2024-10-2232.99%
2024-10-1833.00%
2024-10-1632.99%
2024-10-1432.98%
2024-10-1032.99%
2024-10-0832.99%
2024-10-0433.00%
2024-10-0232.99%
2024-09-3032.99%
2024-09-2632.99%
2024-09-2432.99%
2024-09-2032.98%
2024-09-1832.98%
2024-09-1632.99%
2024-09-1232.98%
2024-09-1032.99%
2024-09-0632.99%
2024-09-0432.99%
2024-08-3032.99%
2024-08-2832.99%
2024-08-2632.99%
2024-08-2232.99%
2024-08-2032.98%
2024-08-1632.99%
2024-08-1432.99%
2024-08-1232.99%
2024-08-0832.98%
2024-08-0633.00%
2024-08-0232.99%
2024-07-3132.99%
2024-07-2924.74%
2024-07-2532.47%
2024-07-2332.65%
2024-07-1932.65%
2024-07-1732.64%
2024-07-1532.65%
2024-07-1132.64%
2024-07-0932.64%
2024-07-0532.64%
2024-07-0232.65%
2024-06-2832.65%
2024-06-2632.64%
2024-06-2432.64%
2024-06-2032.64%
2024-06-1732.64%
2024-06-1332.65%
2024-06-1132.65%
2024-06-0732.65%
2024-06-0532.64%
2024-06-0332.65%
2024-05-3032.64%
2024-05-2832.64%

Showing the most recent 260 of 2,515 data points. The chart above shows the full history.

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
12,700 employees
Industrials / Industrial - Machinery
Sector
Industrials
Industry
Industrial - Machinery
CEO
Stephen Shafer