A. O. Smith Q1 sales fall 2% to $964 million; EPS down 5% to $0.95
A. O. Smith reported first-quarter 2025 sales of $964 million, down 2% from a year earlier, as lower North American water heater volumes and weaker China sales offset higher boiler sales. Net earnings fell 7% to $136.6 million and diluted EPS fell 5% to $0.95. The company kept its full-year 2025 outlook unchanged, which matters to shareholders because the earnings decline in the quarter was not paired with a guidance change.
Key points
- Q1 2025 net sales $963.9 million versus $978.8 million in Q1 2024 (down 2%)
- Diluted EPS $0.95 versus $1.00 a year earlier; net earnings $136.6 million versus $147.6 million
- 2025 outlook maintained: sales flat to up 2%, diluted EPS $3.60 to $3.90
- Q1 free cash flow $17.4 million versus $84.6 million; share repurchases totaled $120.6 million, with about $400 million expected for 2025
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits 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 April 29, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.