Quarterly ResultJul 30, 2026, 04:14 PM

A. O. Smith Q2 Net Earnings $124.9M, EPS $0.91; Acquires Leonard Valve

AI Summary

A. O. Smith reported Q2 2026 net earnings of $124.9 million, or $0.91 per diluted share, a decrease from $152.2 million and $1.07 per share in Q2 2025. Net sales slightly decreased to $1,004.3 million. The company completed the acquisition of Leonard Valve for $470 million and incurred $22.6 million in restructuring and impairment expenses during the quarter.

Key Highlights

Acquired Leonard Valve for $470 million on January 6, 2026, expanding water management presence.
Q2 2026 Net Earnings decreased 17.9% to $124.9 million from $152.2 million in Q2 2025.
Diluted EPS for Q2 2026 was $0.91, down from $1.07 in the prior year period.
Net sales for Q2 2026 were $1,004.3 million, a 0.7% decrease from $1,011.3 million in Q2 2025.
Incurred $22.6 million in restructuring and impairment expenses in Q2 2026.
North America segment sales rose to $820.5 million in Q2 2026, up from $779.0 million.
Rest of World segment sales fell to $194.9 million in Q2 2026, from $240.1 million.
Long-term debt increased to $598.0 million from $112.7 million at December 31, 2025.

View SEC Filing

AOS

Consumer Electronics/Appliances

SMITH A O CORP

Price Impact