A. O. Smith Management

Management criteria checks 2/4

A. O. Smith's CEO is Kevin Wheeler, appointed in Sep 2018, has a tenure of 6.25 years. total yearly compensation is $8.76M, comprised of 12.3% salary and 87.7% bonuses, including company stock and options. directly owns 0.062% of the company’s shares, worth €5.95M. The average tenure of the management team and the board of directors is 5.6 years and 5.5 years respectively.

Key information

Kevin Wheeler

Chief executive officer

US$8.8m

Total compensation

CEO salary percentage	12.3%
CEO tenure	6.3yrs
CEO ownership	0.06%
Management average tenure	5.6yrs
Board average tenure	5.5yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Kevin Wheeler's remuneration changed compared to A. O. Smith's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	US$561m
Jun 30 2024	n/a	n/a	US$577m
Mar 31 2024	n/a	n/a	US$577m
Dec 31 2023	US$9m	US$1m	US$557m
Sep 30 2023	n/a	n/a	US$299m
Jun 30 2023	n/a	n/a	US$274m
Mar 31 2023	n/a	n/a	US$243m
Dec 31 2022	US$7m	US$1m	US$236m
Sep 30 2022	n/a	n/a	US$495m
Jun 30 2022	n/a	n/a	US$517m
Mar 31 2022	n/a	n/a	US$509m
Dec 31 2021	US$7m	US$1m	US$487m
Sep 30 2021	n/a	n/a	US$468m
Jun 30 2021	n/a	n/a	US$441m
Mar 31 2021	n/a	n/a	US$391m
Dec 31 2020	US$5m	US$869k	US$345m
Sep 30 2020	n/a	n/a	US$316m
Jun 30 2020	n/a	n/a	US$298m
Mar 31 2020	n/a	n/a	US$332m
Dec 31 2019	US$4m	US$930k	US$370m
Sep 30 2019	n/a	n/a	US$405m
Jun 30 2019	n/a	n/a	US$422m
Mar 31 2019	n/a	n/a	US$435m
Dec 31 2018	US$3m	US$700k	US$444m
Sep 30 2018	n/a	n/a	US$341m
Jun 30 2018	n/a	n/a	US$330m
Mar 31 2018	n/a	n/a	US$308m
Dec 31 2017	US$2m	US$522k	US$297m

Compensation vs Market: Kevin's total compensation ($USD8.76M) is above average for companies of similar size in the German market ($USD4.85M).

Compensation vs Earnings: Kevin's compensation has increased by more than 20% in the past year.

CEO

Kevin Wheeler (64 yo)

6.3yrs

Tenure

US$8,756,656

Compensation

Mr. Kevin J. Wheeler has been Chief Executive Officer of A. O. Smith Corporation since September 1, 2018. Mr. Wheeler had been President of A. O. Smith Corporation since May 18, 2017 until 2024 and served...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Kevin Wheeler	Chairman & CEO	6.3yrs	US$8.76m	0.062% € 5.9m
Charles Lauber	Executive VP & CFO	5.6yrs	US$2.94m	0.025% € 2.4m
James Stern	Executive VP	17.5yrs	US$2.99m	0.080% € 7.6m
Stephen Shafer	President & COO	less than a year	no data	no data
Robert Heideman	Senior VP & CTO	11.9yrs	no data	0.0055% € 526.9k
S. Scheppele	Senior VP & Chief Information Officer	4.3yrs	no data	0.0017% € 163.2k
Helen Gurholt	Vice President of Investor Relations and Financial Planning & Analysis	5.6yrs	no data	no data
Curt Selby	Senior Vice President of Human Resources & Public Affairs	less than a year	no data	0.00090% € 86.4k
Paul Jones	Vice President of Corporate Development & Strategy	1.1yrs	US$24.63k	no data
D. Karge	Senior VP & President of North America Water Treatment	6.3yrs	no data	0.0016% € 153.6k
Jack Qiu	Senior VP & President of A. O. Smith China	4.2yrs	no data	no data
Samuel Carver	Senior VP of Global Operations	no data	no data	0.00083% € 79.7k

5.6yrs

Average Tenure

57yo

Average Age

Experienced Management: 3SM's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Kevin Wheeler	Chairman & CEO	7.4yrs	US$8.76m	0.062% € 5.9m
Ronald Brown	Independent Presiding Director	23.9yrs	US$258.52k	0% € 0
Ajita Rajendra	Independent Director	13yrs	US$243.52k	0.20% € 19.2m
Victoria Holt	Independent Director	3.7yrs	US$258.52k	0.000010% € 959.7
Mark Smith	Independent Director	23.9yrs	US$243.52k	0.28% € 26.9m
Christopher Mapes	Independent Director	1.7yrs	US$217.64k	0.0095% € 911.7k
Lois Martin	Independent Director	less than a year	no data	0.0011% € 107.5k
Michael Larsen	Independent Director	3.7yrs	US$243.52k	0.0079% € 756.3k
Ilham Kadri	Independent Director	8yrs	US$243.52k	0.013% € 1.2m
Todd Fister	Independent Director	less than a year	no data	0.0011% € 107.5k

5.5yrs

Average Tenure

62yo

Average Age

Experienced Board: 3SM's board of directors are considered experienced (5.5 years average tenure).

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 06:18
End of Day Share Price	2024/12/23 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

A. O. Smith Corporation is covered by 37 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Michael Halloran	Baird
Charles Brady	BMO Capital Markets Equity Research
Charles Brady	BMO Capital Markets U.S. (Historical)

A. O. Smith Management

Management criteria checks 2/4

Key information

Recent management updates

A. O. Smith Corporation Announces Executive Changes

A. O. Smith Corporation Appoints Stephen Shafer as President and Chief Operating Officer

A. O. Smith Corporation, Annual General Meeting, Apr 09, 2024

A. O. Smith Corporation Announces Retirement of David R. Warren as Senior Vice President of the Company, and President of the Company’s North American Water Heating Business Unit

Executive VP recently sold €1.1m worth of stock

Independent Director recently sold €93k worth of stock

Recent updates

Upcoming dividend of US$0.34 per share

Third quarter 2024 earnings released: EPS: US$0.82 (vs US$0.90 in 3Q 2023)

Now 23% undervalued after recent price drop

A. O. Smith Corporation Revises Earnings Guidance for the Full Year 2024

Second quarter dividend of US$0.34 announced

A. O. Smith Corporation Increases Quarterly Cash Dividend, Payable on November 15, 2024

A. O. Smith Corporation to Report Q3, 2024 Results on Oct 22, 2024

Upcoming dividend of US$0.32 per share

Second quarter 2024 earnings released: EPS: US$1.06 (vs US$1.04 in 2Q 2023)

Now 20% undervalued after recent price drop

A. O. Smith Corporation Reaffirms Earnings Guidance for the Year 2024

First quarter dividend of US$0.32 announced

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend on Common Stock and Class A Common Stock, Payable on August 15, 2024

A. O. Smith Corporation to Report Q2, 2024 Results on Jul 23, 2024

Now 20% undervalued after recent price drop

A. O. Smith Corporation Announces Executive Changes

A. O. Smith Corporation Re-Affirms Earnings Guidance for the Year 2024

A. O. Smith Corporation Provides Earnings Guidance for the Year 2024

First quarter 2024 earnings released: EPS: US$0.99 (vs US$0.84 in 1Q 2023)

Upcoming dividend of US$0.32 per share

Fourth quarter dividend of US$0.32 announced

A. O. Smith Declares Regular Quarterly Cash Dividend, Payable on May 15 2024

A. O. Smith Corporation to Report Q1, 2024 Results on Apr 25, 2024

A. O. Smith Corporation Appoints Stephen Shafer as President and Chief Operating Officer

NorthStar Asset Management, Inc Files a Notice of Exempt Solicitation to A. O. Smith Corporation

A. O. Smith Corporation (NYSE:AOS) acquired Impact Water Products Inc.

A. O. Smith Corporation, Annual General Meeting, Apr 09, 2024

Full year 2023 earnings released: EPS: US$3.69 (vs US$1.52 in FY 2022)

A. O. Smith Provides Earnings Guidance for the Year 2024

Upcoming dividend of US$0.32 per share at 1.6% yield

A. O. Smith Declares Quarterly Cash Dividend, Payable on February 15, 2024

A. O. Smith Corporation Announces Retirement of David R. Warren as Senior Vice President of the Company, and President of the Company’s North American Water Heating Business Unit

Now 21% undervalued

Executive VP recently sold €1.1m worth of stock

Third quarter 2023 earnings released: EPS: US$0.90 (vs US$0.71 in 3Q 2022)

Upcoming dividend of US$0.32 per share at 1.8% yield

A. O. Smith Increases Quarterly Dividend, Payable on November 15, 2023

A. O. Smith Corporation to Report Q3, 2023 Results on Oct 26, 2023

Now 20% undervalued

A. O. Smith Corporation (NYSE:AOS) acquired Water Tec of Tucson from family.

Second quarter 2023 earnings released: EPS: US$1.04 (vs US$0.81 in 2Q 2022)

Upcoming dividend of US$0.30 per share at 1.6% yield

A. O. Smith Corporation to Report Q2, 2023 Results on Jul 27, 2023

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend, Payable on August 15, 2023

A. O. Smith Corporation Declares Regular Quarterly Cash Dividend, Payable on August 15, 2023

Independent Director recently sold €93k worth of stock

First quarter 2023 earnings released: EPS: US$0.83 (vs US$0.76 in 1Q 2022)

Upcoming dividend of US$0.30 per share at 1.8% yield

Key Executive recently sold €257k worth of stock

Full year 2022 earnings released: EPS: US$1.51 (vs US$3.05 in FY 2021)

A. O. Smith Corporation Provides Earnings Guidance for the Fiscal Year 2023

Upcoming dividend of US$0.30 per share

A. O. Smith Declares Quarterly Dividend, Payable on February 15, 2023

A. O. Smith Corporation to Report Q4, 2022 Results on Jan 31, 2023

Independent Lead Director recently sold €244k worth of stock

Third quarter 2022 earnings released: EPS: US$0.71 (vs US$0.83 in 3Q 2021)

A. O. Smith Provides Earnings Guidance for the Year 2022

Upcoming dividend of US$0.30 per share

A. O. Smith Corporation Revises Earnings Guidance for Full Year 2022

A. O. Smith Corporation to Report Q3, 2022 Results on Oct 27, 2022

Ao Smith's Promoted Parag Kulkarni as Senior Vice President of International Business

Second quarter 2022 earnings released: EPS: US$0.81 (vs US$0.74 in 2Q 2021)

A. O. Smith Corporation Reaffirms Earnings Guidance for the Year 2022

A. O. Smith Corporation Appoints Noelle Brigham as Environmental, Social and Governance Director

Upcoming dividend of US$0.28 per share

A. O. Smith Corporation Declares Quarterly Dividend on Common Stock and Class A Common Stock, Payable on August 15, 2022

A. O. Smith Corporation to Report Q2, 2022 Results on Jul 28, 2022

A. O. Smith Corporation (NYSE:AOS) acquired Atlantic Filter Corporation from James W. Wakem II and family.

Key Executive recently sold €113k worth of stock