A.O. Smith Corp
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2013 | 35.9% | 13.9% | 7.9% |
| FY2014 | 36.5% | 14.7% | 8.8% |
| FY2015 | 39.8% | 17.9% | 11.2% |
| FY2016 | 41.5% | 19.2% | 12.2% |
| FY2017 | 41.1% | 19.3% | 9.9% |
| FY2018 | 41.0% | 19.2% | 13.9% |
| FY2019 | 39.5% | 17.7% | 12.4% |
| FY2020 | 38.3% | 17.4% | 11.9% |
| FY2021 | 37.0% | 19.3% | 13.8% |
| FY2022 | 35.4% | 9.6% | 6.3% |