Debt to Equity Ratio: 0.35
Is the debt to equity ratio high or low?
The debt to equity ratio of 0.35 is 158% above its 5-year average of 0.14, near the high end of its 5-year range (0.07–0.35).
As of Thursday, June 25, 2026. 91.73% above its 12-month average of 0.18.
AOS Debt to Equity Ratio
Reported quarterly debt to equity ratio; no daily interpolation.
AOS Average Debt to Equity Ratio Chart
AOS Current vs Average Debt to Equity Ratio Chart
AOS Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.35
DEBT TO EQUITY RATIO AVG TTM
0.18
DEBT TO EQUITY RATIO AVG 3Y
0.12
DEBT TO EQUITY RATIO AVG 5Y
0.13
DEBT TO EQUITY RATIO AVG 10Y
0.16
DEBT TO EQUITY RATIO AVG 15Y
0.17
DEBT TO EQUITY RATIO AVG 20Y
0.23
CURRENT VS TTM AVG
+91.73%
CURRENT VS 3Y AVG
+197.55%
CURRENT VS 5Y AVG
+179.62%
CURRENT VS 10Y AVG
+115.31%
CURRENT VS 15Y AVG
+100.38%
CURRENT VS 20Y AVG
+54.23%
AOS Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| A. O. Smith Corporation (AOS) | $8.41B | 0.35 | 0.18 | 0.12 | 0.13 |
| AGCO Corporation (AGCO)vs › | $8.30B | 0.63 | 0.69 | 0.53 | 0.53 |
| EnerSys (ENS)vs › | $8.29B | 0.62 | 0.63 | 0.61 | 0.68 |
| Gartner, Inc. (IT)vs › | $8.74B | 11.31 | 6.72 | 7.95 | 7.20 |
| Planet Labs PBC (PL)vs › | $8.76B | 2.45 | 1.25 | 0.65 | 0.69 |
| Aecom (ACM)vs › | $8.98B | 1.35 | 1.37 | 1.28 | 1.17 |
| Kratos Defense & Security Solutions, Inc. (KTOS)vs › | $8.99B | 0.09 | 0.15 | 0.24 | 0.28 |
| Booz Allen Hamilton Holding Corporation (BAH)vs › | $7.52B | 3.73 | 3.97 | 3.63 | 3.33 |
| Pool Corporation (POOL)vs › | $7.48B | 1.30 | 1.15 | 1.17 | 1.17 |
| Builders FirstSource, Inc. (BLDR)vs › | $9.47B | 1.30 | 1.16 | 0.95 | 1.02 |
Financial Health
Debt/Equity
0.35
Current Ratio
1.50
Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Debt to Equity Ratio FAQ
- What is the debt to equity ratio for A. O. Smith Corporation (AOS)?
- The debt to equity ratio for AOS stock is 0.35.
- Is A. O. Smith Corporation's debt to equity ratio high or low?
- The debt to equity ratio of 0.35 is 158% above its 5-year average of 0.14, near the high end of its 5-year range (0.07–0.35).
- What is the TTM average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The TTM average debt to equity ratio for AOS stock is 0.18.
- What is the 3Y average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The 3Y average debt to equity ratio for AOS stock is 0.12.
- What is the 5Y average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The 5Y average debt to equity ratio for AOS stock is 0.13.
- What is the 10Y average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The 10Y average debt to equity ratio for AOS stock is 0.16.
- What is the 15Y average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The 15Y average debt to equity ratio for AOS stock is 0.17.
- What is the 20Y average debt to equity ratio for A. O. Smith Corporation (AOS)?
- The 20Y average debt to equity ratio for AOS stock is 0.23.
AOS Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-03-31 | 0.35 |
| 2025-12-31 | 0.10 |
| 2025-09-30 | 0.12 |
| 2025-06-30 | 0.18 |
| 2025-03-31 | 0.16 |
| 2024-12-31 | 0.12 |
| 2024-09-30 | 0.07 |
| 2024-06-30 | 0.09 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.08 |
| 2023-09-30 | 0.08 |
| 2023-06-30 | 0.12 |
| 2023-03-31 | 0.20 |
| 2022-12-31 | 0.21 |
| 2022-09-30 | 0.18 |
| 2022-06-30 | 0.18 |
| 2022-03-31 | 0.18 |
| 2021-12-31 | 0.12 |
| 2021-09-30 | 0.07 |
| 2021-06-30 | 0.08 |
| 2021-03-31 | 0.08 |
| 2020-12-31 | 0.08 |
| 2020-09-30 | 0.09 |
| 2020-06-30 | 0.19 |
| 2020-03-31 | 0.23 |
| 2019-12-31 | 0.19 |
| 2019-09-30 | 0.22 |
| 2019-06-30 | 0.24 |
| 2019-03-31 | 0.19 |
| 2018-12-31 | 0.13 |
| 2018-09-30 | 0.11 |
| 2018-06-30 | 0.14 |
| 2018-03-31 | 0.17 |
| 2017-12-31 | 0.25 |
| 2017-09-30 | 0.27 |
| 2017-06-30 | 0.23 |
| 2017-03-31 | 0.24 |
| 2016-12-31 | 0.21 |
| 2016-09-30 | 0.22 |
| 2016-06-30 | 0.19 |
| 2016-03-31 | 0.19 |
| 2015-12-31 | 0.17 |
| 2015-09-30 | 0.18 |
| 2015-06-30 | 0.19 |
| 2015-03-31 | 0.22 |
| 2014-12-31 | 0.16 |
| 2014-09-30 | 0.19 |
| 2014-06-30 | 0.18 |
| 2014-03-31 | 0.17 |
| 2013-12-31 | 0.14 |
| 2013-09-30 | 0.18 |
| 2013-06-30 | 0.17 |
| 2013-03-31 | 0.19 |
| 2012-12-31 | 0.20 |
| 2012-09-30 | 0.23 |
| 2012-06-30 | 0.25 |
| 2012-03-31 | 0.28 |
| 2011-12-31 | 0.43 |
| 2011-09-30 | 0.35 |
| 2011-06-30 | 0.39 |
| 2011-03-31 | 0.37 |
| 2010-12-31 | 0.30 |
| 2010-09-30 | 0.32 |
| 2010-06-30 | 0.30 |
| 2010-03-31 | 0.35 |
| 2009-12-31 | 0.32 |
| 2009-09-30 | 0.31 |
| 2009-06-30 | 0.42 |
| 2009-03-31 | 0.53 |
| 2008-12-31 | 0.52 |
| 2008-09-30 | 0.42 |
| 2008-06-30 | 0.46 |
| 2008-03-31 | 0.54 |
| 2007-12-31 | 0.52 |
| 2007-09-30 | 0.58 |
| 2007-06-30 | 0.63 |
| 2007-03-31 | 0.66 |
| 2006-12-31 | 0.64 |
| 2006-09-30 | 0.75 |
| 2006-06-30 | 0.77 |
| 2006-03-31 | 0.38 |
| 2005-12-31 | 0.28 |
| 2005-09-30 | 0.34 |
| 2005-06-30 | 0.39 |
| 2005-03-31 | 0.44 |
| 2004-12-31 | 0.48 |
| 2004-09-30 | 0.49 |
| 2004-06-30 | 0.48 |
| 2004-03-31 | 0.49 |
| 2003-12-13 | 0.48 |
| 2003-09-30 | 0.49 |
| 2003-06-30 | 0.51 |
| 2003-03-31 | 0.51 |
| 2002-12-31 | 0.49 |
| 2002-09-30 | 0.38 |
| 2002-06-30 | 0.42 |
Related Metrics
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.
- Sector
- Industrials
- Industry
- Industrial - Machinery
- CEO
- Stephen Shafer