A. O. Smith Management
Management criteria checks 4/4
We currently do not have sufficient information about the CEO.
Key information
Steve Shafer
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 19.47% |
| CEO tenure | 2.4yrs |
| CEO ownership | n/a |
| Management average tenure | 2.4yrs |
| Board average tenure | 4.2yrs |
Recent management updates
Recent updates
Seeking Alpha • 17h
A. O. Smith: Navigating China Headwinds And Overall Weak Demand
Summary A.O. Smith has declined since my initial coverage about 18 months ago and has vastly underperformed versus the S&P 500. Recent Q1 2026 results missed both revenue and EPS estimates, with organic North America sales declining due to weak demand and storm disruptions. The Chinese market has remained weak for some time, and the company may be looking to change up its operations there. Despite solid financials and a healthy dividend, AOS’s current investment appeal is tempered by demand softness across the company. Read the full article on Seeking Alpha
Narrative Update • Jun 05
AOS: Share Repurchases And Reset Expectations Will Support Future Upside Potential
A. O.Narrative Update • May 05
AOS: Share Repurchases And Incremental Guidance Will Support Future Upside Potential
Analysts reduced the consolidated price target on A. O.Narrative Update • Apr 17
AOS: Share Repurchases Will Support Upside Despite Mixed Street Sentiment
Narrative Update on A. O.Analysis Article • Feb 14
Analyst Estimates: Here's What Brokers Think Of A. O. Smith Corporation (NYSE:AOS) After Its Full-Year Report
A. O. Smith Corporation ( NYSE:AOS ) last week reported its latest annual results, which makes it a good time for...Narrative Update • Jan 22
AOS: Capital Returns And M&A Will Offset Softer Unit Shipments
Narrative Update on A. O.Narrative Update • Jan 07
AOS: Capital Returns And Acquisitions Will Drive Next Phase Of Shareholder Value
Analysts kept their price target for A. O.Analysis Article • Jan 02
A. O. Smith (NYSE:AOS) Could Become A Multi-Bagger
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Narrative Update • Dec 15
AOS: Digital Leadership And Capital Returns Will Drive Next Phase Of Shareholder Value
Analysts have raised their price target on A. O.Analysis Article • Dec 06
There's Reason For Concern Over A. O. Smith Corporation's (NYSE:AOS) Price
With a median price-to-earnings (or "P/E") ratio of close to 19x in the United States, you could be forgiven for...Narrative Update • Nov 30
AOS: Digital Transformation Initiatives Will Unlock Next Phase Of Shareholder Value
Analysts have slightly raised their price target for A. O.Narrative Update • Nov 16
AOS: Digital Leadership and Share Buybacks Will Drive Upside Momentum
Analysts have raised their price target for A. O.Narrative Update • Nov 01
AOS: Digital Leadership Will Drive Long-Term Expansion And Shareholder Value
Narrative Update on A. O.Analysis Article • Oct 31
A. O. Smith Corporation (NYSE:AOS) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
A. O. Smith Corporation ( NYSE:AOS ) shareholders are probably feeling a little disappointed, since its shares fell...Analysis Article • Oct 17
A. O. Smith (NYSE:AOS) Has Announced That It Will Be Increasing Its Dividend To $0.36
The board of A. O. Smith Corporation ( NYSE:AOS ) has announced that it will be increasing its dividend by 5.9% on the...Analysis Article • Sep 09
Estimating The Intrinsic Value Of A. O. Smith Corporation (NYSE:AOS)
Key Insights A. O. Smith's estimated fair value is US$84.93 based on 2 Stage Free Cash Flow to Equity With US$73.96...Analysis Article • Aug 27
Shareholders Should Be Pleased With A. O. Smith Corporation's (NYSE:AOS) Price
It's not a stretch to say that A. O. Smith Corporation's ( NYSE:AOS ) price-to-earnings (or "P/E") ratio of 19.6x right...Analysis Article • Jul 14
Is Now An Opportune Moment To Examine A. O. Smith Corporation (NYSE:AOS)?
A. O. Smith Corporation ( NYSE:AOS ), is not the largest company out there, but it saw a decent share price growth of...Analysis Article • Jun 28
Does A. O. Smith (NYSE:AOS) Have A Healthy Balance Sheet?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...Seeking Alpha • Mar 10
A. O. Smith: Benefiting From The Twin Tailwinds Of Water And Efficiency
Summary A. O. Smith Corp., manufacturer of a broad range of residential and commercial water heaters and boilers, along with water and air purification systems, is now an $8 billion (by market cap) water technology leader. To date, AOS increased its dividend for 31 consecutive years, with a 10-year dividend growth rate of 15.8%. A. O. Smith moved its revenue from $2.5 billion in FY 2015 to $3.8 billion in FY 2024, a compound annual growth rate of 4.8%. AOS is benefiting from the twin tailwinds of water and efficiency. Read the full article on Seeking AlphaSeeking Alpha • Dec 19
A.O. Smith: Investors Should Wait For Demand To Return And A Better Entry Point
Summary A.O. Smith has a market cap of more than $10 billion and an annual CAGR of more than 18% since 2010. The Company is a Dividend Aristocrat and Champion, but the dividend growth has slowed in recent years. My current valuation suggests AOS is trading for a slightly premium, and thus, investors may need to wait for decent pullback before adding to or initiating a position. Read the full article on Seeking AlphaSeeking Alpha • Oct 09
Is A. O. Smith A Good Buy Ahead Of Its Q3 Results?
Summary A. O. Smith has underperformed other industrial stocks this year, generating only returns of 8%. A. O. Smith's Q3-24 results are expected to be weak, with revenue growth slowing to 2% from the 7% levels seen in Q2. Although the situation isn't alarming, we do have some concerns about the company's dwindling cash position and highlight why its net cash stance could shift to a net debt stance. Despite being a Dividend Aristocrat, AOS' forward yield is below par, and it does not offer a great deal of earnings growth for the P/E multiply it commands. The risk-reward on the long-term chart does not look too appealing. Read the full article on Seeking Alpha
New Narrative • Aug 22
Pureit Acquisition And Innovation Propel Global Water Purification Leadership
Expansion into South Asia with Pureit acquisition and gas tankless products in North America highlights growth in water treatment and energy-efficient solutions.CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Mar 31 2026 | n/a | n/a | US$528m |
| Dec 31 2025 | US$5m | US$966k | US$546m |
| Sep 30 2025 | n/a | n/a | US$531m |
| Jun 30 2025 | n/a | n/a | US$519m |
| Mar 31 2025 | n/a | n/a | US$523m |
| Dec 31 2024 | US$6m | US$713k | US$534m |
Compensation vs Market: Steve's total compensation ($USD4.96M) is below average for companies of similar size in the US market ($USD8.38M).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Shafer (50 yo)
2.4yrs
Tenure
US$4,960,450
Compensation
Mr. Stephen M. Shafer, also known as Steve, is President of A. O. Smith Corporation from March 18, 2024 and also serves as its CEO and Director since July 1, 2025. He was COO of A. O. Smith Corporation fro...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 8.9yrs | US$8.50m | 0.093% $ 7.5m | |
| President | 2.4yrs | US$4.96m | no data | |
| Executive VP & CFO | 7.1yrs | US$2.83m | 0.034% $ 2.8m | |
| Senior VP & CTO | less than a year | US$2.48m | 0.000030% $ 2.4k | |
| Senior VP & Chief Digital Information Officer | less than a year | US$2.14m | no data | |
| Executive VP of Corporate Development and Strategy & Secretary | 19yrs | US$2.86m | 0.074% $ 6.0m | |
| Vice President of Investor Relations and Financial Planning & Analysis | 7.1yrs | no data | no data | |
| Senior VP | less than a year | no data | no data | |
| Senior Vice President of Human Resources & Public Affairs | 1.8yrs | no data | no data | |
| Senior VP & President of North America Water Treatment | 7.8yrs | no data | 0.0028% $ 228.0k | |
| Senior VP & President of A. O. Smith China | 5.7yrs | no data | no data | |
| Senior Vice President of Global Operations | no data | no data | 0.0020% $ 159.3k |
2.4yrs
Average Tenure
55yo
Average Age
Experienced Management: AOS's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 8.9yrs | US$8.50m | 0.093% $ 7.5m | |
| President | less than a year | US$4.96m | no data | |
| Independent Director | 5.2yrs | US$272.26k | 0.000010% $ 808.5 | |
| Independent Director | 25.4yrs | US$253.51k | 0.30% $ 24.0m | |
| Independent Director | 3.2yrs | US$253.51k | 0.014% $ 1.1m | |
| Independent Director | 2.2yrs | US$253.51k | 0.0047% $ 378.4k | |
| Independent Director | 5.2yrs | US$277.26k | 0.0083% $ 670.2k | |
| Independent Director | 9.5yrs | US$253.51k | 0.017% $ 1.4m | |
| Independent Director | 2.2yrs | US$253.51k | 0.0046% $ 372.7k | |
| Director | less than a year | no data | no data |
4.2yrs
Average Tenure
60yo
Average Age
Experienced Board: AOS's board of directors are considered experienced (4.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/12 03:30 |
| End of Day Share Price | 2026/06/12 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
A. O. Smith Corporation is covered by 29 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 |
| Martin Mauro | BofA Global Research |