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Below are the financial statements of A O Smith, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of A O Smith, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net sales | 3,818.1a | 3,852.8a | 3,753.9a |
| Cost of products sold | -2,362a | -2,368a | -2,424.3a |
| Gross profit | 1,456.1a | 1,484.8a | 1,329.6a |
| Selling, general and administrative expenses | -739.3a | -727.4a | -670.9a |
| Restructuring and impairment expenses | -17.6a | -18.8a | 0a |
| Interest expense | -6.7a | -12a | -9.4a |
| Other (income) expense, net | -8.5a | -6.9a | 425.6a |
| Earnings before provision for income taxes | 701a | 733.5a | 223.7a |
| Provision for (benefit from) income taxes | -167.4a | -176.9a | -12a |
| Net earnings | 533.6a | 556.6a | 235.7a |
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