A. O. Smith Corporation (AOS) Return on equity 2016–2025
A. O. Smith Corporation (AOS) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
29.4%FY2025 · since FY2016: 21.6% → 29.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 29.4% | +1.1 pp |
| FY2024 | 28.3% | -1.8 pp |
| FY2023 | 30.2% | +16.7 pp |
| FY2022 | 13.5% | -13.1 pp |
| FY2021 | 26.6% | +7.9 pp |
| FY2020 | 18.7% | -3.5 pp |
| FY2019 | 22.2% | -3.7 pp |
| FY2018 | 25.9% | +7.8 pp |
| FY2017 | 18.0% | -3.6 pp |
| FY2016 | 21.6% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice