A. O. Smith Corporation (AOS)

Solvency & Capital Structure

Total Debt

$676.7M

Net Debt

$495.4M

A. O. Smith Corporation currently has $676.7M in total debt. Net debt is $495.4M after cash offsets.

Financial Fundamentals

AOS • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-06-30	0.68	0.18	0.50	3.64	18.6%
2026-03-31	0.66	0.20	0.45	3.65	18.0%
2025-12-31	0.19	0.19	-0.00Net Cash	3.14	6.1%
2025-09-30	0.22	0.17	0.05	3.17	7.0%
2025-06-30	0.33	0.18	0.15	3.25	10.2%
2025-03-31	0.29	0.20	0.09	3.27	9.0%
2024-12-31	0.22	0.28	-0.06Net Cash	3.24	6.7%
2024-09-30	0.14	0.26	-0.11Net Cash	3.15	4.5%
2024-06-30	0.17	0.23	-0.07Net Cash	3.20	5.2%
2024-03-31	0.15	0.30	-0.16Net Cash	3.18	4.6%
2023-12-31	0.16	0.36	-0.21Net Cash	3.21	4.8%
2023-09-30	0.16	0.34	-0.19Net Cash	3.20	4.9%
2023-06-30	0.23	0.41	-0.18Net Cash	3.25	7.1%
2023-03-31	0.37	0.50	-0.13Net Cash	3.34	11.0%
2022-12-31	0.37	0.48	-0.11Net Cash	3.33	11.0%
2022-09-30	0.31	0.42	-0.11Net Cash	3.23	9.6%
2022-06-30	0.32	0.46	-0.14Net Cash	3.32	9.7%
2022-03-31	0.32	0.58	-0.26Net Cash	3.43	9.3%
2021-12-31	0.22	0.63	-0.41Net Cash	3.47	6.3%
2021-09-30	0.14	0.69	-0.55Net Cash	3.30	4.2%
2021-06-30	0.14	0.58	-0.44Net Cash	3.14	4.5%
2021-03-31	0.14	0.67	-0.52Net Cash	3.11	4.6%
2020-12-31	0.15	0.69	-0.54Net Cash	3.16	4.7%
2020-09-30	0.16	0.51	-0.35Net Cash	2.97	5.4%
2020-06-30	0.32	0.57	-0.25Net Cash	2.98	10.7%
2020-03-31	0.38	0.55	-0.17Net Cash	2.98	12.7%
2019-12-31	0.32	0.55	-0.23Net Cash	3.06	10.6%
2019-09-30	0.37	0.51	-0.14Net Cash	3.07	12.1%
2019-06-30	0.41	0.58	-0.17Net Cash	3.18	12.9%
2019-03-31	0.34	0.63	-0.30Net Cash	3.14	10.7%
2018-12-31	0.22	0.65	-0.42Net Cash	3.07	7.2%
2018-09-30	0.19	0.62	-0.42Net Cash	3.03	6.4%
2018-06-30	0.25	0.66	-0.41Net Cash	3.09	8.0%
2018-03-31	0.29	0.68	-0.39Net Cash	3.11	9.4%
2017-12-31	0.41	0.82	-0.41Net Cash	3.20	12.8%
2017-09-30	0.45	0.77	-0.32Net Cash	3.10	14.5%
2017-06-30	0.38	0.74	-0.37Net Cash	2.98	12.6%
2017-03-31	0.37	0.72	-0.35Net Cash	2.94	12.6%
2016-12-31	0.32	0.75	-0.43Net Cash	2.89	11.2%
2016-09-30	0.34	0.68	-0.34Net Cash	2.82	11.9%
2016-06-30	0.28	0.67	-0.39Net Cash	2.67	10.6%
2016-03-31	0.29	0.64	-0.35Net Cash	2.65	10.8%
2015-12-31	0.25	0.65	-0.40Net Cash	2.65	9.4%
2015-09-30	0.26	0.61	-0.35Net Cash	2.60	10.0%
2015-06-30	0.28	0.55	-0.27Net Cash	2.59	10.8%
2015-03-31	0.30	0.57	-0.27Net Cash	2.57	11.8%
2014-12-31	0.22	0.54	-0.32Net Cash	2.52	8.9%
2014-09-30	0.25	0.52	-0.27Net Cash	2.49	10.2%
2014-06-30	0.25	0.50	-0.25Net Cash	2.43	10.3%
2014-03-31	0.23	0.47	-0.25Net Cash	2.38	9.5%
2013-12-31	0.19	0.49	-0.29Net Cash	2.39	8.0%
2013-09-30	0.23	0.48	-0.25Net Cash	2.35	9.7%
2013-06-30	0.21	0.46	-0.25Net Cash	2.30	9.1%
2013-03-31	0.23	0.45	-0.22Net Cash	2.27	10.1%
2012-12-31	0.24	0.46	-0.22Net Cash	2.27	10.8%
2012-09-30	0.28	0.48	-0.20Net Cash	2.24	12.5%
2012-06-30	0.28	0.44	-0.16Net Cash	2.19	13.0%
2012-03-31	0.32	0.43	-0.11Net Cash	2.25	14.2%
2011-12-31	0.46	0.63	-0.16Net Cash	2.35	19.7%
2011-09-30	0.39	0.44	-0.05Net Cash	2.36	16.7%
2011-06-30	0.38	0.11	0.27	2.14	17.5%
2011-03-31	0.34	0.12	0.22	2.21	15.4%
2010-12-31	0.26	0.12	0.14	2.11	12.4%
2010-09-30	0.28	0.11	0.17	2.01	13.8%
2010-06-30	0.24	0.09	0.15	1.97	12.4%
2010-03-31	0.29	0.08	0.21	1.96	14.6%
2009-12-31	0.25	0.08	0.18	1.90	13.3%
2009-09-30	0.23	0.07	0.16	1.79	12.9%
2009-06-30	0.29	0.05	0.24	1.79	16.4%
2009-03-31	0.35	0.04	0.31	1.82	19.3%
2008-12-31	0.33	0.03	0.31	1.88	17.8%
2008-09-30	0.35	0.03	0.32	1.87	18.6%
2008-06-30	0.38	0.02	0.36	1.90	20.0%
2008-03-31	0.43	0.05	0.38	1.89	22.8%
2007-12-31	0.40	0.04	0.36	1.85	21.3%
2007-09-30	0.43	0.04	0.39	1.87	22.8%
2007-06-30	0.45	0.03	0.42	1.91	23.7%
2007-03-31	0.47	0.02	0.45	1.88	24.8%
2006-12-31	0.44	0.03	0.41	1.84	23.9%
2006-09-30	0.50	0.03	0.47	1.90	26.3%
2006-06-30	0.51	0.05	0.47	1.92	26.6%
2006-03-31	0.24	0.04	0.21	1.36	17.8%
2005-12-31	0.17	0.02	0.15	1.29	13.1%
2005-09-30	0.21	0.05	0.16	1.27	16.4%
2005-06-30	0.24	0.01	0.23	1.27	18.6%
2005-03-31	0.27	0.01	0.26	1.33	20.0%
2004-12-31	0.28	0.03	0.26	1.31	21.4%
2004-09-30	0.29	0.02	0.27	1.32	22.3%
2004-06-30	0.29	0.02	0.27	1.34	21.5%
2004-03-31	0.29	0.01	0.28	1.33	21.7%
2003-12-13	0.28	0.02	0.26	1.28	21.5%
2003-09-30	0.27	0.04	0.23	1.27	21.1%
2003-06-30	0.28	0.03	0.25	1.31	21.4%
2003-03-31	0.27	0.03	0.24	1.27	20.9%
2002-12-31	0.25	0.03	0.22	1.22	20.5%
2002-09-30	0.23	0.03	0.20	1.31	17.7%
2002-06-30	0.25	0.03	0.23	1.31	19.4%
2002-03-31	0.39	0.02	0.37	1.31	30.0%
2001-12-31	0.41	0.02	0.39	1.29	31.4%
2001-09-30	0.27	0.01	0.26	1.03	26.7%
2001-06-30	0.29	0.02	0.27	1.05	27.4%
2001-03-31	0.31	0.01	0.29	1.05	29.2%
2000-12-31	0.33	0.02	0.31	1.06	30.9%
2000-09-30	0.33	0.01	0.32	1.09	30.3%
2000-06-30	0.35	0.01	0.35	1.11	31.9%
2000-03-31	0.38	0.01	0.37	1.11	33.7%
1999-12-31	0.36	0.01	0.35	1.06	33.9%
1999-09-30	0.35	0.01	0.34	1.10	31.8%
1999-06-30	0.14	0.03	0.10	0.81	16.8%
1999-03-31	0.14	0.02	0.12	0.80	17.1%
1998-12-31	0.14	0.04	0.10	0.77	17.7%
1998-09-30	0.13	0.03	0.11	0.76	17.3%
1998-06-30	0.11	0.10	0.01	0.70	15.2%
1998-03-31	0.11	0.11	-0.00Net Cash	0.70	15.2%
1997-12-31	0.11	0.15	-0.04Net Cash	0.72	14.9%
1997-09-30	0.11	0.19	-0.08Net Cash	0.77	13.9%
1997-06-30	0.11	0.22	-0.11Net Cash	0.82	13.6%
1997-03-31	0.49	0.00	0.48	1.09	44.7%
1996-12-31	0.25	0.01	0.24	0.88	28.3%
1996-09-30	0.24	0.01	0.23	1.09	22.0%