A. O. Smith 2024 sales fall 1% and EPS falls 2%; 2025 EPS guided to $3.60-$3.90
A. O. Smith reported full-year 2024 net sales of $3.8 billion, down 1%, and diluted EPS of $3.63, down 2%, with fourth-quarter EPS down 18%. The company also gave 2025 guidance of $3.60 to $3.90 in diluted EPS, a range it describes as slightly higher than 2024 at the midpoint, which shareholders will weigh against the weaker 2024 results.
Key points
- Full-year 2024 net sales were $3.8 billion, down 1%, and net earnings were $533.6 million, down 4%.
- Fourth-quarter 2024 net sales were $912.4 million, down 8%, and diluted EPS was $0.75, down 18% from $0.92.
- 2025 outlook projects net sales of $3.8 billion to $3.9 billion and diluted EPS of $3.60 to $3.90.
- The board approved a $0.34 per share dividend payable February 18, 2025, and the company expects 2025 share repurchases of about $400 million.
The filing
Written by AI on Nov 8, 2026, 1:17 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 30, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.