A.O. Smith Corp
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 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% |
| FY2023 | 38.5% | 19.3% | 14.4% |
| FY2024 | 38.1% | 18.5% | 14.0% |
| FY2025 | 38.8% | 19.0% | 14.3% |