A. O. Smith said Q3 2026 net sales were $940.5 million ($942.5 million in the same period last year), net earnings were $126.3 million ($132.0 million a year earlier), and diluted earnings per share were $0.93 ($0.94 a year earlier).

1. 01

   A. O. Smith said Q3 2026 net sales were $940.5 million ($942.5 million in the same period last year), net earnings were $126.3 million ($132.0 million a year earlier), and diluted earnings per share were $0.93 ($0.94 a year earlier).

2. 02

   The company said on October 27, 2026 it announced definitive agreements with CPE to sell a 81% interest in its China business. It said it will retain a 19% stake and a long-term brand license, and valued the business at about $400 million on a cash-free, debt-free basis.

3. 03

   The company said North America segment sales for Q3 rose 3% to $761.6 million, and segment margin was 23.6%, down from 24.2% in the year-earlier period. It cited lower residential water heater volumes and higher input costs, including steel and freight, as factors behind the margin decline.

4. 04

   The company said free cash flow for the first 9 months of 2026 rose 4% to $396.2 million, and it repurchased 4.2 million shares for $260.6 million over the same period. It said it expects full-year share repurchases to total about $300 million.

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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