A. O. Smith Corp - Company Profile
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A. O. Smith Corp (AO Smith) is a water technology company. It manufactures and markets water heaters, boilers, tanks, and water treatment products. The company offers gas and electric powered tankless boilers and solar based water tankers; tankless rack systems, packaged systems, and storage tanks; condensing boilers and water system tanks, swimming pool and spa heaters and related products and parts, expansion tanks and water heater parts and accessories. AO Smith also provides in-home air purification products. The company markets products under the A. O. Smith, Lochinvar, Aquasana and State brands. The company serves residential and commercial customers in Canada, China, the US, India, Mexico, the Netherlands, Turkey, Hong Kong and Vietnam. AO Smith is headquartered in Milwaukee, Wisconsin, the US.
Headquarters
United States of America
Address
11270 W Park Pl, Milwaukee, Wisconsin, 53224-3623
Website
www.aosmith.com
Telephone
1 414 3594000
No of Employees
12,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
AOS (NYSE)
Revenue (2023)
$3.9B
2.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
136.1%
(2023 vs 2022)
Market Cap*
$12.8B
Net Profit Margin (2023)
XYZ
130.1%
(2023 vs 2022)
* As of and is in US$
A. O. Smith Corp premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Water Heaters | AO Smith |
| Solar Water Heating Systems | Aquasana |
| Swimming Pool and Spa Heaters | Lochinvar |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In March, the company announced the acquisition of Impact Water Products, a water treatment company. |
| 2023 | Acquisitions/Mergers/Takeovers | In September, the company announced the acquisition of Water Tec of Tucson, a water treatment company. |
| 2022 | New Products/Services | In September, the company announced the introduction of the Voltex AL (anti-leak) hybrid electric heat pump water heater. |
Competitor Comparison
| Key Parameters | A. O. Smith Corp | Midea Group Co Ltd | Pentair Plc | Rinnai Corp | Havells India Ltd |
|---|---|---|---|---|---|
| Headquarters | United States of America | China | United Kingdom | Japan | India |
| City | Milwaukee | Foshan | London | Nagoya-Shi | Noida |
| State/Province | Wisconsin | Guangdong | England | Aichi | Uttar Pradesh |
| No. of Employees | 12,000 | 166,243 | 10,500 | 11,150 | 6,822 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Kevin J. Wheeler | Chief Executive Officer; President; Chairman | Executive Board | 2020 | 63 |
| Charles T. Lauber | Chief Financial Officer; Executive Vice President | Senior Management | 2019 | 60 |
| Stephen Shafer | President; Chief Operating Officer | Senior Management | 2024 | - |
| S. Melissa Scheppele | Chief Information Officer; Senior Vice President | Senior Management | 2020 | 60 |
| Robert J. Heideman | Chief Technology Officer; Senior Vice President | Senior Management | 2013 | 56 |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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