A. O. Smith said net sales for Q1 2025 were $963.9 million, down 2% from $978.8 million a year earlier. Net earnings were $136.6 million, and diluted earnings per share were $0.95.

1. 01

   A. O. Smith said net sales for Q1 2025 were $963.9 million, down 2% from $978.8 million a year earlier. Net earnings were $136.6 million, and diluted earnings per share were $0.95.

2. 02

   The company said North America sales for Q1 fell 2% to $748.7 million, and segment margin was 24.7% (25.9% a year earlier). It said Rest of World sales of $226.7 million were essentially flat with last year, and segment margin was 8.7% (7.6% a year earlier).

3. 03

   The company said operating cash flow for the first 3 months of 2025 was $38.7 million and free cash flow was $17.4 million, both lower than in 2024. It said it repurchased 1.8 million shares for $120.6 million over the same period and expects to spend approximately $400 million on share repurchases in 2025.

4. 04

   The company said it maintained its 2025 full-year net sales outlook of $3,800 million to $3,900 million and its diluted EPS outlook of $3.60 to $3.90. It explained that the outlook does not include the announced price increases.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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