AOS A.O. Smith Corporation Common Stock

NYSE · Building · View on SEC EDGAR ↗
$62.44
Price · Aug 19, 2026
Fundamentals as of Jul 30, 2026

About A.O. Smith Corporation Common Stock Company overview from Wikipedia

A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and purification products in the Asian market. The company has 27 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.

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A. O. Smith Corporation is an American manufacturer of both residential and commercial water heaters and boilers, and the largest manufacturer and marketer of water heaters in North America. It also supplies water treatment and purification products in the Asian market. The company has 27 locations worldwide, including five manufacturing facilities in North America, as well as plants in Bengaluru in India, Nanjing in China and Veldhoven in The Netherlands.

In the past, A. O. Smith has had numerous other product lines, including for defense. Smith ranked 74th among United States corporations in the value of World War II military production contracts.

A. O. Smith is headquartered in Milwaukee, Wisconsin. The Ashland City, Tennessee location is home of the world's largest water-heater factory.

Brands and subsidiaries

A. O. Smith operates under the following brand names around the world: A. O. Smith (United States, Canada, China, Europe, Turkey, India and Vietnam), Aquasana, GSW (Canada), John Wood (Canada), State Water Heaters, American Water Heaters, Reliance Water Heaters, Lochinvar Corporation, Takagi, Giant Factories Inc. and U.S. Craftmaster Water Heaters.

History

The company today known as the A. O. Smith Corporation was founded in 1874 by Charles Jeremiah Smith as C. J. Smith and Sons, a baby carriage and bicycle parts manufacturer. It began forming steel tubing from sheet metal to make bicycle frames. By 1895, the company was the largest bicycle parts manufacturer. In 1899, Arthur Oliver Smith, a son of the founder, developed the world's first pressed steel vehicle frame and he later began making frames for the Peerless Automobile Company, Cadillac, and Ford Motor Company. In 1904, the company incorporated in Milwaukee, Wisconsin, as A. O. Smith Company.

In 1913, Lloyd Raymond Smith took over, and in 1914, the company introduced the Smith Motor Wheel, a gasoline-powered device for bicycles.

In 1915, it began manufacturing the Smith Flyer automobile, which it later sold to Briggs & Stratton of Milwaukee.

In 1916, A. O. Smith was incorporated in New York.

In the 1920s, company engineers developed the coated welding rod which they used in manufacturing until 1965, as well as the world's first fully automated automobile frame factory, with the capability of making a frame every eight seconds, until 1958, the first arc-welded, high-pressure vessel used to refine oil, which the company produced until 1963, and oil supply line pipes, until 1972.

In 1933, the company used the process of fusing glass to steel to make a large single-piece glass-lined brewery tank. Over the next 32 years, it made more than 11,000 glass-lined tanks. In 1936, the company patented the glass-lined water heater. Three years later, it began mass-producing residential water heaters, but shifted all production to war-time use during World War II.

By 1945, the company had built 4.5 million bombs, 16,750 sets of landing gear, and 46,700 propeller blades. It also built nose frames for the B-25 bomber, water heaters, jeep frames, and components for the atomic bomb project. In 1946, it built a 400,000 square foot residential water heater plant in Kankakee, Illinois. From this plant, it also made water heaters with the Kenmore name. In 1948, it entered the commercial water heater market after acquiring The Burkay Company of Toledo, Ohio. In 1949, the company began producing Harvestore, a glass-fused-to-steel silo, targeted at dairy and livestock operations.

In the 1950s, A. O. Smith acquired Whirl-A-Way Motors of Dayton, Ohio, and consolidated its electric motor manufacturing operations there. The motor division later introduced the hermetic motor, a critical component of air conditioning and refrigeration compressors. Its water heater division introduced the first glass-lined commercial water heater, the A. O. Smith Burkay B-65, and later the company established a glass fiber division to replace steel in many applications. It also expanded into supplying oil field pipe and pipe for service stations, eventually becoming Smith Fiberglass Products in 1986.

In the early 1960s, the company opened a commercial water heater and boiler plant in Stratford, Ontario, Canada. In 1965, the Motor division invented the enclosed canopy, two-compartment motor, a design that improved the reliability in pool pump motors by separating the switching components from the motor windings. In 1967, fourth generation Smith family member, Lloyd B. Smith, was elected chairman and chief executive officer of the company. By 1969, the company had produced its 10 millionth residential water heater, and by 1972 had expanded to Europe. In 1974, the Conservationist line of residential water heaters was introduced. In 1976, the Motor division opened a plant in Bray, Ireland, to supply hermetic motors. In 1978, A. O. Smith began manufacturing storage tanks, beginning with Aquastore, a glass-fused-to-steel tank.

By the early 1980s, the Automotive Products unit had manufactured over 100 million passenger car frames, and 50 million truck frames, in Milwaukee, and soon after the company opened its first electric motor assembly operations in Ciudad Juárez and Ciudad Acuña, Mexico. In 1990, it developed the first hermetic motor insulation system compatible with R-134a non-ozone-depleting refrigerant. In 1995, they acquired Peabody TecTank of Parsons, Kansas, allowing A. O. Smith to enter the bulk dry storage market. That same year the company expanded into Asia through joint ventures: Smith Fiberglass Products and Harbin Composites Corporation to make fiberglass pipes for China's petroleum industry, as well as Water Products Company and Yuhan Water Heater to manufacture residential water heaters. In 1996, the Water Products division introduced the Cyclone XHE commercial water heater. In 1997, after 90 years in the automotive industry, A. O. Smith sold its Automotive Products Company to Tower International. In 1997, they acquired UPPCO, Inc., making A. O Smith the world's leading manufacturer of C-frame subfractional horsepower motors. In 1998, they acquired General Electric's domestic compressor motor business, as well as the electric motor division of Magnetek. By the end of the decade, Water Products Company had bought out its joint venture partner in Asia, and had opened a plant in Nanjing, China.

In the 2000s, A. O. Smith made a number of acquisitions, by acquiring State Industries, Inc., and its subsidiary APCOM Inc., Shenzhen Speeda Industrial Co. Ltd., and Athens Products, a supplier of hermetic motors for scroll compressor applications, as well as The Changheng Group of Changzhou, China, a manufacturer of fractional horsepower motors for HVAC applications, Taicang Special Motor Company, Ltd., of Suzhou, China, Yueyang Zhongmin Special Electrical Machinery Co. Ltd., Lochinvar Corporation, a manufacturer of high efficiency condensing boilers for hot water and hydronic heating applications, and in 2006, GSW Inc. a water heaters manufacturer for the Canadian market, and The American Water Heater Company, the exclusive supplier of water heaters to Lowe's, carrying the Whirlpool brand. In 2009, the company entered the water purification industry with a new venture, A. O. Smith (Shanghai) Water Treatment Products Co. Ltd. In 2010, A. O. Smith opened a 76,000 square foot residential water-heater manufacturing plant in Bengaluru, India, which later expanded to 297000 square foot operation with expansion to manufacture of water purification products. Takagi Industrial Company's North American operations were acquired in 2010. In 2011, A. O. Smith sold its electric motor business to Regal-Beloit.

On August 8, 2016, A. O. Smith, acquired Austin-based water filtration company Aquasana (previously known as Sun Water Systems) from L' Catterton for $87 Million.

In November 2024, A. O. Smith finalized the acquisition of Pureit, the water purification business of Hindustan Unilever for ₹600 crore.

A. O. Smith Foundation

The A. O. Smith Foundation is a private, nonprofit organization, founded in 1955, that has contributed nearly $50 million to qualifying charitable, educational, scientific, literary, and civic organizations located primarily in communities where A. O. Smith Corporation has facilities. The support for the Foundation comes from the profits of A. O. Smith Corporation.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

AOS Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range

Price
$62.44
Market Cap
P/E (TTM)
17.4
EPS (TTM)
$3.85
Revenue (TTM)
$3.83B
Div Yield
ROE
29.2%
Debt/Equity
0.1
52W Range
$54 – $82

AOS Stock Price Chart Daily OHLCV with technical indicators — pan, zoom, and customize your view

10-Year Performance Revenue, net income, margins and EPS trends

Revenue & Net Income $3.83B
10-point trend, +42.6%
2016-12-31 2025-12-31
EPS $3.85
10-point trend, +108.1%
2016-12-31 2025-12-31
Free Cash Flow $546M
10-point trend, +49.2%
2016-12-31 2025-12-31
Margins 14.3%
10-point trend, -6.8%
2016-12-31 2025-12-31

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric
5Y trend
AOS
Peer Median
P/E (TTM)
5-point trend, -38.9%
17.4
21.8

Profitability Gross, operating and net margins; ROE, ROA, ROIC

Metric
5Y trend
AOS
Peer Median
Gross Margin
5-point trend, +4.8%
38.8%
35.5%
Operating Margin
5-point trend, -1.3%
19.0%
Net Profit Margin
5-point trend, +3.6%
14.3%
14.2%
ROA
5-point trend, +16.6%
17.1%
11.8%
ROE
5-point trend, +11.7%
29.2%
21.8%
ROIC
5-point trend, +5.7%
27.7%

Financial Health Debt, liquidity, solvency — balance sheet strength

Metric
5Y trend
AOS
Peer Median
Debt / Equity
5-point trend, -22.3%
0.1
Current Ratio
5-point trend, -4.4%
1.5
2.0
Quick Ratio
5-point trend, -20.5%
0.9

Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR

Metric
5Y trend
AOS
Peer Median
Revenue YoY
5-point trend, +8.2%
0.32%
Revenue CAGR 3Y
5-point trend, +8.2%
0.67%
Revenue CAGR 5Y
5-point trend, +8.2%
5.8%
EPS YoY
5-point trend, +27.5%
6.1%
Net Income YoY
5-point trend, +12.1%
2.4%

Per Share Metrics EPS, book value per share, cash flow per share, dividend per share

Metric
5Y trend
AOS
Peer Median
EPS (Diluted)
5-point trend, +27.5%
$3.85

Capital Efficiency Asset turnover, inventory turnover, receivables turnover

Metric
5Y trend
AOS
Peer Median
Payout Ratio
5-point trend, +2.6%
35.8%

Dividends Yield, payout ratio, dividend history, 5Y CAGR

Dividend Yield
Payout Ratio
35.8%
5Y Div CAGR
Ex-dateAmount
July 31, 2026$0.3600
April 30, 2026$0.3600
Jan. 30, 2026$0.3600
Oct. 31, 2025$0.3600
July 31, 2025$0.3400
April 30, 2025$0.3400
Jan. 31, 2025$0.3400
Oct. 31, 2024$0.3400
July 31, 2024$0.3200
April 29, 2024$0.3200
Jan. 30, 2024$0.3200
Oct. 30, 2023$0.3200
July 28, 2023$0.3000
April 27, 2023$0.3000
Jan. 30, 2023$0.3000
Oct. 28, 2022$0.3000
July 28, 2022$0.2800
April 28, 2022$0.2800
Jan. 28, 2022$0.2800
Oct. 28, 2021$0.2800

AOS Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

BUY 18 analysts
  • Strong Buy 4 22.2%
  • Buy 4 22.2%
  • Hold 8 44.4%
  • Sell 2 11.1%
  • Strong Sell 0 0.0%

12-Month Price Target

11 analysts · 2026-08-15
Median target $70.00 +12.1%
Mean target $69.91 +12.0%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

Avg Surprise
0.03%
Period EPS Actual EPS Est Surprise
June 30, 2026 $1.03 $0.93 0.10%
March 31, 2026 $0.85 $0.95 -0.10%
Dec. 31, 2025 $0.90 $0.85 0.05%
Sept. 30, 2025 $0.94 $0.92 0.02%
June 30, 2025 $1.07 $0.99 0.08%
March 31, 2025 $0.95 $0.92 0.03%

Peer comparison (GICS sub-industry) Key metrics vs sector peers

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
AOS 17.4 0.32% 14.3% 29.2% 38.8%
LII 21.3 -2.7% 15.5% 78.1% 33.4%
MAIR
OC $8.98B -18.0 2.6% -5.2% -11.7% 28.1%
WMS $9.96B 25.2 5.0% 14.0% 25.2% 38.3%
MOD 95.9 23.1% 3.8% 11.6% 23.0%
ZWS $7.76B 40.4 8.3% 11.7% 12.5% 45.1%
SSD $6.66B 19.6 4.5% 14.8% 17.4% 45.9%
BLDR $11.38B 26.4 -7.4% 2.9% 10.2% 30.4%
AWI $8.20B 27.0 12.1% 19.1% 35.5% 40.6%
AAON $6.23B 59.1 20.1% 7.5% 12.4% 26.8%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

Income Statement 16
Annual Income Statement data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue 12-point trend, +62.6% $3.83B $3.82B $3.85B $3.75B $3.54B $2.90B $2.99B $3.19B $3.00B $2.69B $2.54B $2.36B
Cost of Revenue 12-point trend, +56.5% $2.34B $2.36B $2.37B $2.42B $2.23B $1.79B $1.81B $1.88B $1.76B $1.57B $1.53B $1.50B
Gross Profit 12-point trend, +73.1% $1.49B $1.46B $1.48B $1.33B $1.31B $1.11B $1.18B $1.31B $1.23B $1.11B $1.01B $859M
R&D Expense 12-point trend, +39.9% $95M $102M $98M $89M $94M $81M $88M $94M $86M $80M $74M $68M
SG&A Expense 12-point trend, +32.7% $759M $739M $727M $671M $701M $660M $716M $754M $723M $662M $611M $572M
Operating Income 12-point trend, +111.0% $729M $708M $746M $233M $682M $503M $529M $613M $578M $515M $453M $345M
Interest Expense 12-point trend, +136.8% $14M $7M $12M $9M $4M $7M $11M $8M $10M $7M $7M $6M
Other Non-op 12-point trend, -88.5% $600.0K $8M $7M $-426M $20M $11M $18M $21M $21M $18M $11M $5M
Pretax Income 12-point trend, +149.4% $715M $701M $734M $224M $626M $444M $472M $558M $521M $462M $402M $287M
Income Tax 12-point trend, +114.1% $169M $167M $177M $-12M $138M $99M $102M $114M $224M $136M $120M $79M
Net Income 12-point trend, +162.8% $546M $534M $557M $236M $487M $345M $370M $444M $296M $326M $283M $208M
EPS (Basic) 12-point trend, +236.5% $3.87 $3.65 $3.71 $1.52 $3.05 $2.13 $2.24 $2.60 $1.72 $1.87 $1.59 $1.15
EPS (Diluted) 12-point trend, +237.7% $3.85 $3.63 $3.69 $1.51 $3.02 $2.12 $2.22 $2.58 $1.70 $1.85 $1.58 $1.14
Shares (Basic) 12-point trend, -21.9% 141,029,845 145,997,584 149,952,679 154,786,327 159,906,834 161,530,589 165,450,441 170,589,345 172,666,056 174,712,683 177,622,280 180,587,008
Shares (Diluted) 12-point trend, -22.0% 141,914,840 147,084,080 151,015,574 155,779,364 161,319,902 162,604,149 166,710,897 172,194,040 174,605,189 176,825,280 179,009,180 181,973,962
EBITDA 12-point trend, +100.9% $814M $786M $888M $439M $760M $583M $607M $685M $648M $580M $516M $405M
Balance Sheet 27
Annual Balance Sheet data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Cash & Equivalents 12-point trend, -45.4% $174M $240M $340M $391M $443M $573M $374M $260M $347M $330M $324M $319M
Short-term Investments 12-point trend, -91.6% $19M $36M $24M $91M $188M $116M $177M $385M $473M $424M $322M $222M
Receivables 12-point trend, +22.5% $582M $541M $596M $581M $634M $585M $590M $647M $593M $519M $501M $475M
Inventory 12-point trend, +130.1% $479M $532M $497M $516M $448M $300M $303M $305M $297M $251M $223M $208M
Other Current Assets 12-point trend, -30.6% $37M $43M $44M $54M $39M $43M $56M $42M $57M $38M $34M $53M
Current Assets 12-point trend, -2.1% $1.29B $1.39B $1.50B $1.63B $1.75B $1.62B $1.50B $1.64B $1.77B $1.56B $1.40B $1.32B
PP&E (Net) 12-point trend, +48.5% $635M $629M $598M $591M $607M $541M $545M $540M $529M $462M $443M $428M
PP&E (Gross) 12-point trend, +91.8% $1.56B $1.50B $1.42B $1.36B $1.34B $1.22B $1.16B $1.10B $1.06B $932M $867M $816M
Accum. Depreciation 12-point trend, +139.4% $929M $867M $821M $774M $736M $681M $612M $557M $531M $471M $424M $388M
Goodwill 12-point trend, +65.7% $711M $762M $633M $620M $628M $547M $546M $513M $517M $492M $421M $429M
Intangibles 12-point trend, +17.4% $362M $321M $337M $348M $365M $324M $338M $293M $309M $308M $291M $308M
Other Non-current Assets 12-point trend, +209.9% $97M $103M $109M $110M $90M $89M $81M $87M $76M $67M $71M $31M
Total Assets 12-point trend, +25.8% $3.14B $3.24B $3.21B $3.33B $3.47B $3.16B $3.06B $3.07B $3.20B $2.89B $2.63B $2.50B
Accrued Liabilities 12-point trend, +73.3% $148M $153M $177M $159M $182M $162M $144M $120M $116M $101M $90M $85M
Current Liabilities 12-point trend, +42.5% $862M $897M $945M $934M $1.12B $886M $766M $785M $794M $766M $653M $605M
Capital Leases 8-point trend, +37100000.00 $37M $24M $28M $22M $22M $34M $39M $0 · · · ·
Deferred Tax · · · · · · · · · · · $21M
Other Non-current Liabilities 12-point trend, +127.0% $138M $118M $146M $165M $182M $177M $189M $201M $210M $88M $68M $61M
Total Liabilities 12-point trend, +13.3% $1.28B $1.36B $1.37B $1.58B $1.64B $1.31B $1.39B $1.35B $1.55B $1.38B $1.19B $1.13B
Long-term Debt 12-point trend, -30.7% $155M $193M $127M $344M $197M $113M $284M $221M $410M $324M $249M $224M
Total Debt 12-point trend, -30.7% $155M $193M $127M $344M $197M $113M $284M $221M $410M $324M $249M $224M
Common Stock 6-point trend, +100.4% · · · · · · $164M $164M $164M $164M $164M $82M
Retained Earnings 12-point trend, +248.0% $3.95B $3.60B $3.26B $2.88B $2.83B $2.51B $2.32B $2.10B $1.79B $1.59B $1.35B $1.14B
Treasury Stock 12-point trend, +1160.0% $2.90B $2.50B $2.20B $1.91B $1.50B $1.16B $1.11B $827M $626M $488M $360M $230M
AOCI 12-point trend, +63.7% $-99M $-112M $-84M $-82M $-331M $-321M $-348M $-351M $-300M $-363M $-313M $-272M
Stockholders' Equity 12-point trend, +34.5% $1.86B $1.88B $1.84B $1.75B $1.83B $1.85B $1.67B $1.72B $1.64B $1.51B $1.44B $1.38B
Liabilities + Equity 12-point trend, +24.9% $3.14B $3.24B $3.21B $3.33B $3.47B $3.16B $3.06B $3.07B $3.20B $2.89B $2.63B $2.52B
Cash Flow 17
Annual Cash Flow data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
D&A 12-point trend, +42.3% $85M $79M $78M $77M $78M $80M $78M $72M $70M $65M $63M $60M
Amort. of Intangibles 12-point trend, +3.5% $15M $13M $13M $13M $12M $14M $16M $14M $14M $13M $14M $14M
Restructuring 7-point trend, +0.00 $0 $18M $19M $0 $0 $8M $0 · · · · ·
Other Non-cash 12-point trend, +65.3% $-14M $-31M $35M $79M $76M $137M $8M $-67M $-40M $55M $9M $-42M
Operating Cash Flow 12-point trend, +133.6% $617M $582M $670M $391M $641M $562M $456M $449M $326M $447M $352M $264M
CapEx 12-point trend, -17.8% $71M $108M $73M $70M $75M $57M $64M $85M $94M $81M $73M $86M
Investing Cash Flow 10-point trend, +82.3% $-53M $-267M $-24M $8M $-350M $12M $34M $-13M $-158M $-300M · ·
Debt Issued 9-point trend, +3769.4% $1.09B $1.10B $688M $151M $84M · $63M · $86M $74M $28M ·
Net Debt Issued 5-point trend, -143.5% $-38M · · $151M $84M $-171M · · $86M · · ·
Stock Repurchased 12-point trend, +286.1% $401M $306M $306M $404M $366M $57M $288M $203M $139M $135M $128M $104M
Net Stock Activity 12-point trend, -286.1% $-401M $-306M $-306M $-404M $-366M $-57M $-288M $-203M $-139M $-135M $-128M $-104M
Dividends Paid 12-point trend, +259.7% $196M $190M $184M $177M $170M $159M $149M $130M $97M $84M $68M $54M
Financing Cash Flow 10-point trend, -353.5% $-633M $-408M $-685M $-431M $-421M $-375M $-376M $-523M $-152M $-140M · ·
Net Change in Cash 12-point trend, -6.2% $-65M $-100M $-51M $-52M $-130M $199M $114M $-87M $16M $7M $4M $-61M
Taxes Paid 12-point trend, +85.8% $165M $188M $190M $175M $131M $114M $117M $116M $131M $117M $98M $89M
Free Cash Flow 12-point trend, +207.1% $546M $474M $598M $321M $566M $505M $392M $364M $232M $366M $272M $178M
Levered FCF 12-point trend, +208.5% $536M $469M $589M $311M $563M $500M $383M $357M $226M $361M $266M $174M
Profitability 8
Annual Profitability data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Gross Margin 12-point trend, +6.5% 38.8% 38.1% 38.5% 35.4% 37.0% 38.3% 39.5% 40.9% 41.3% 41.7% 39.8% 36.5%
Operating Margin 12-point trend, +29.7% 19.0% 18.5% 21.0% 9.6% 19.3% 17.4% 17.7% 19.2% 19.3% 19.2% 17.9% 14.7%
Net Margin 12-point trend, +61.7% 14.3% 14.0% 14.4% 6.3% 13.8% 11.9% 12.4% 13.9% 9.9% 12.2% 11.2% 8.8%
Pretax Margin 12-point trend, +53.4% 18.7% 18.4% 19.0% 6.0% 17.7% 15.3% 15.8% 17.5% 17.4% 17.2% 15.9% 12.2%
EBITDA Margin 12-point trend, +23.6% 21.2% 20.6% 23.1% 11.7% 21.5% 20.1% 20.3% 21.5% 21.6% 21.6% 20.3% 17.2%
ROA 12-point trend, +102.0% 17.1% 16.5% 17.0% 6.9% 14.7% 11.1% 12.1% 14.2% 9.7% 11.8% 11.0% 8.5%
ROE 12-point trend, +90.4% 29.2% 28.1% 29.9% 13.5% 26.1% 19.2% 22.3% 25.6% 18.8% 22.1% 20.0% 15.3%
ROIC 12-point trend, +77.4% 27.7% 25.9% 31.2% 18.2% 26.2% 19.9% 21.3% 25.2% 16.0% 19.8% 18.8% 15.6%
Liquidity & Solvency 5
Annual Liquidity & Solvency data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Current Ratio 12-point trend, -31.3% 1.5 1.6 1.6 1.7 1.6 1.8 2.0 2.1 2.2 2.0 2.2 2.2
Quick Ratio 12-point trend, -46.5% 0.9 0.9 1.0 1.1 1.1 1.4 1.5 1.6 1.8 1.7 1.8 1.7
Debt / Equity 12-point trend, -48.5% 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.2
LT Debt / Equity 12-point trend, -60.1% 0.1 0.1 0.1 0.2 0.1 0.1 0.2 0.1 0.2 0.2 0.2 0.2
Interest Coverage 12-point trend, -10.9% 54.0 105.6 67.5 38.5 158.6 68.9 48.1 73.0 57.2 70.5 61.2 60.6
Efficiency 3
Annual Efficiency data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Asset Turnover 12-point trend, +25.0% 1.2 1.2 1.2 1.1 1.1 0.9 1.0 1.0 1.0 1.0 1.0 1.0
Inventory Turnover 12-point trend, -37.8% 4.6 4.6 4.7 5.0 6.0 5.9 6.0 6.3 6.5 6.6 7.1 7.5
Receivables Turnover 12-point trend, +35.1% 6.8 6.7 6.5 6.2 5.8 4.9 4.8 5.1 5.4 5.3 5.2 5.0
Per Share 4
Annual Per Share data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue / Share 12-point trend, +4.2% $26.99 $25.96 $25.51 $24.10 $21.94 $17.81 $17.95 $18.51 $17.16 $15.19 $28.34 $25.89
Cash Flow / Share 12-point trend, +49.9% $4.35 $3.96 $4.44 $2.51 $3.97 $3.46 $2.74 $2.61 $1.87 $2.53 $3.85 $2.90
Dividend Paid / Share 12-point trend, +360.0% $1 $1 $1 $1 $1 $1 $1 $1 $1 $0 $0 $0
EPS (TTM) 12-point trend, +237.7% $3.85 $3.63 $3.69 $1.51 $3.02 $2.12 $2.22 $2.58 $1.70 $1.85 $1.58 $1.14
Growth Rates 10
Annual Growth Rates data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue YoY 5-point trend, -98.6% 0.32% -0.90% 2.6% 6.1% 22.2% · · · · · · ·
Revenue CAGR 3Y 3-point trend, -93.3% 0.67% 2.6% 10.0% · · · · · · · · ·
Revenue CAGR 5Y 5.8% · · · · · · · · · · ·
EPS YoY 5-point trend, -85.7% 6.1% -1.6% 144.4% -50.0% 42.4% · · · · · · ·
EPS CAGR 3Y 3-point trend, +80.4% 36.6% 6.3% 20.3% · · · · · · · · ·
EPS CAGR 5Y 12.7% · · · · · · · · · · ·
Net Income YoY 5-point trend, -94.3% 2.4% -4.1% 136.2% -51.6% 41.2% · · · · · · ·
Net Income CAGR 3Y 3-point trend, +86.9% 32.3% 3.1% 17.3% · · · · · · · · ·
Net Income CAGR 5Y 9.6% · · · · · · · · · · ·
Dividend CAGR 5Y 4.3% · · · · · · · · · · ·
Valuation (TTM) 6
Annual Valuation (TTM) data for AOS
Metric Trend 202520242023202220212020201920182017201620152014
Revenue TTM 12-point trend, +62.6% $3.83B $3.82B $3.85B $3.75B $3.54B $2.90B $2.99B $3.19B $3.00B $2.69B $2.54B $2.36B
Net Income TTM 12-point trend, +162.8% $546M $534M $557M $236M $487M $345M $370M $444M $296M $326M $283M $208M
P/E 12-point trend, -29.8% 17.4 18.8 22.3 37.9 28.4 25.9 21.5 16.6 36.0 25.6 24.2 24.7
Earnings Yield 12-point trend, +42.6% 5.8% 5.3% 4.5% 2.6% 3.5% 3.9% 4.7% 6.0% 2.8% 3.9% 4.1% 4.0%
Payout Ratio 12-point trend, +36.9% 35.8% 35.7% 33.0% 75.2% 34.9% 46.0% 40.3% 29.3% 32.7% 25.8% 24.0% 26.2%
Annual Payout 12-point trend, +259.7% $196M $190M $184M $177M $170M $159M $149M $130M $97M $84M $68M $54M

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

Income Statement
2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $3.83B$3.82B$3.85B$3.75B$3.54B
Gross Margin % 38.8%38.1%38.5%35.4%37.0%
Operating Margin % 19.0%18.5%21.0%9.6%19.3%
Net Income $546M$534M$557M$236M$487M
Diluted EPS $3.85$3.63$3.69$1.51$3.02
Balance Sheet
2025-12-312024-12-312023-12-312022-12-312021-12-31
Debt / Equity 0.10.10.10.20.1
Current Ratio 1.51.61.61.71.6
Quick Ratio 0.90.91.01.11.1
Cash Flow
2025-12-312024-12-312023-12-312022-12-312021-12-31
Free Cash Flow $546M$474M$598M$321M$566M

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Institutional owners (13F) 669 filers · $5.5B total · As of June 30, 2026

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
75 (-22 vs prior Q) 93 (+14 vs prior Q) 228 (-3 vs prior Q) 220 (-4 vs prior Q) +20.7M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD CAPITAL MANAGEMENT LLC $456,993,600 7,286,250 8.30% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $442,259,229 7,051,327 8.03% Shares
STATE STREET CORP $412,790,802 6,581,486 7.49% Shares
FMR LLC $391,503,690 6,242,086 7.11% Shares
AMERICAN CENTURY COMPANIES INC $296,440,549 4,726,410 5.38% Shares
GEODE CAPITAL MANAGEMENT, LLC $210,319,353 3,358,722 3.82% Shares
Impax Asset Management Group plc $176,476,079 2,813,713 3.20% Shares
ProShare Advisors LLC $157,085,690 2,504,555 2.85% Shares
FIRST TRUST ADVISORS LP $144,336,518 2,301,289 2.62% Shares
EARNEST PARTNERS LLC $123,659,567 1,971,613 2.24% Shares
DIMENSIONAL FUND ADVISORS LP $117,415,651 1,872,062 2.13% Shares
1832 Asset Management L.P. $92,080,047 1,468,113 1.67% Shares
Madison Asset Management, LLC $92,005,369 1,466,922 1.67% Shares
NORGES BANK $91,233,014 1,454,608 1.66% Shares
River Road Asset Management, LLC $84,476,439 1,346,882 1.53% Shares
Talaria Asset Management Pty Ltd $75,307,904 1,200,700 1.37% Shares
AQR CAPITAL MANAGEMENT LLC $70,900,759 1,146,705 1.29% Shares
Sarasin & Partners LLP $70,420,072 1,122,769 1.28% Shares
Gates Capital Management, Inc. $64,621,733 1,030,321 1.17% Shares
Caisse de depot et placement du Quebec $64,185,892 1,023,372 1.17% Shares
JONES FINANCIAL COMPANIES LLLP $62,659,226 1,015,218 1.14% Shares
Vest Financial, LLC $53,007,431 845,144 0.96% Shares
Gotham Asset Management, LLC $48,018,996 765,609 0.87% Shares
VANGUARD FIDUCIARY TRUST CO $39,362,884 627,597 0.71% Shares
ENVESTNET ASSET MANAGEMENT INC $35,274,133 562,406 0.64% Shares
MANUFACTURERS LIFE INSURANCE COMPANY, THE $34,872,257 555,999 0.63% Shares
Welch & Forbes LLC $33,380,144 532,209 0.61% Shares
SCHWARTZ INVESTMENT COUNSEL INC $32,983,382 525,883 0.60% Shares
BOSTON FINANCIAL MANGEMENT LLC $32,844,012 481,513 0.60% Shares
GOLDMAN SACHS GROUP INC $32,033,550 510,739 0.58% Shares
AMERIPRISE FINANCIAL INC $31,212,297 497,645 0.57% Shares
Assenagon Asset Management S.A. $30,686,638 489,264 0.56% Shares
Eurizon Capital SGR S.p.A. $30,506,456 486,409 0.55% Shares
Arbejdsmarkedets Tillaegspension $30,419,200 485,000 0.55% Shares
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP $28,947,224 461,531 0.53% Shares
JACOBS LEVY EQUITY MANAGEMENT, INC $26,028,361 414,993 0.47% Shares
BERKSHIRE ASSET MANAGEMENT LLC/PA $25,703,347 409,811 0.47% Shares
BNP PARIBAS FINANCIAL MARKETS $25,407,433 405,093 0.46% Shares
RENAISSANCE TECHNOLOGIES LLC $24,931,137 397,499 0.45% Shares
Amundi $24,599,348 392,209 0.45% Shares
NICHOLAS COMPANY, INC. $24,189,411 385,673 0.44% Shares
Scharf Investments, LLC $23,507,623 374,792 0.43% Shares
BlackRock, Inc. $21,064,888 335,856 0.38% Shares
Boston Trust Walden Corp $19,803,652 315,747 0.36% Shares
CONFLUENCE INVESTMENT MANAGEMENT LLC $19,569,440 312,013 0.36% Shares
Quantinno Capital Management LP $17,565,801 280,066 0.32% Shares
Cresset Asset Management, LLC $16,667,305 265,742 0.30% Shares
STIFEL FINANCIAL CORP $16,441,973 262,150 0.30% Shares
ALPS ADVISORS INC $16,325,263 260,288 0.30% Shares
California Public Employees Retirement System $15,887,039 253,301 0.29% Shares
Robeco Schweiz AG $15,878,822 253,170 0.29% Shares
VANGUARD GROUP INC $15,815,782 236,480 0.29% Shares
RHUMBLINE ADVISERS $15,317,530 244,222 0.28% Shares
Vanguard Global Advisers, LLC $14,571,173 232,321 0.26% Shares
WELLINGTON MANAGEMENT GROUP LLP $14,261,023 227,376 0.26% Shares
Swiss National Bank $14,149,632 225,600 0.26% Shares
MassMutual Private Wealth & Trust, FSB $13,998,853 223,196 0.25% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $13,811,915 220,220 0.25% Shares
GRANDFIELD & DODD, LLC $13,191,898 210,330 0.24% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $13,083,392 208,600 0.24% Put option
Invesco Ltd. $12,630,365 201,377 0.23% Shares
FRANKLIN RESOURCES INC $12,609,793 201,049 0.23% Shares
Zurcher Kantonalbank (Zurich Cantonalbank) $12,376,412 197,328 0.22% Shares
Brandywine Global Investment Management, LLC $12,343,774 184,566 0.22% Shares
Distillate Capital Partners LLC $11,721,490 186,886 0.21% Shares
RAYMOND JAMES FINANCIAL INC $11,502,826 183,400 0.21% Shares
MIROVA $11,138,382 177,589 0.20% Shares
BARCLAYS PLC $11,042,420 176,059 0.20% Shares
Thematics Asset Management $10,791,270 147,000 0.20% Shares
UBS Group AG $10,697,586 170,561 0.19% Shares
PRINCIPAL FINANCIAL GROUP INC $10,389,066 165,642 0.19% Shares
CITADEL ADVISORS LLC $10,333,873 164,762 0.19% Shares
Baird Financial Group, Inc. $10,100,993 161,049 0.18% Shares
Perpetual Ltd $10,045,361 160,162 0.18% Shares
PRUDENTIAL FINANCIAL INC $9,788,397 156,065 0.18% Shares
JANE STREET GROUP, LLC $9,771,776 155,800 0.18% Call option
MILLENNIUM MANAGEMENT LLC $9,756,723 155,560 0.18% Shares
Holocene Advisors, LP $9,471,912 151,019 0.17% Shares
CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM $8,988,875 136,319 0.16% Shares
&PARTNERS $8,630,320 137,441 0.16% Shares
Graham Capital Management, L.P. $8,363,273 133,343 0.15% Shares
SUSQUEHANNA INTERNATIONAL GROUP, LLP $8,291,584 132,200 0.15% Call option
HEALTHCARE OF ONTARIO PENSION PLAN TRUST FUND $8,141,056 129,800 0.15% Shares
BANK OF AMERICA CORP /DE/ $8,137,230 129,739 0.15% Shares
TRUIST FINANCIAL CORP $7,425,236 118,387 0.13% Shares
JANE STREET GROUP, LLC $7,181,440 114,500 0.13% Put option
ALLIANCEBERNSTEIN L.P. $7,165,766 108,671 0.13% Shares
TEACHER RETIREMENT SYSTEM OF TEXAS $7,134,212 113,747 0.13% Shares
PATTEN & PATTEN INC/TN $7,105,988 113,297 0.13% Shares
Paradoxiom Capital L.P. $7,071,364 108,191 0.13% Shares
ST GERMAIN D J CO INC $6,951,948 110,841 0.13% Shares
VANGUARD ASSET MANAGEMENT, Ltd $6,894,559 109,926 0.13% Shares
LPL Financial LLC $6,876,492 109,638 0.12% Shares
STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM $6,650,703 106,038 0.12% Shares
Quantbot Technologies LP $6,342,435 101,123 0.12% Shares
YOUSIF CAPITAL MANAGEMENT, LLC $6,248,081 99,619 0.11% Shares
PINEBRIDGE INVESTMENTS LLC $6,004,625 95,737 0.11% Shares
AXA Investment Managers S.A. $5,979,024 81,447 0.11% Shares
Illinois Municipal Retirement Fund $5,943,974 94,770 0.11% Shares
Ensign Peak Advisors, Inc $5,879,185 93,737 0.11% Shares

Company insiders 65 insiders · 41 officers · 23 directors

Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Stephen M Shafer President and CEO Feb. 9, 2026 A 0 0 $0
William L Vallett Jr CEO, Lochinvar, LLC Feb. 12, 2018 A 54,688 0 0 $0
Carrie L Anderson EVP & CFO July 1, 2026 A 0 0 $0
Charles T Lauber EVP & CFO Feb. 13, 2026 M 47,119 0 0 $0
John J Kita Executive Vice President & CFO Feb. 11, 2019 A 46,247 0 0 $0
Kenneth W Krueger Senior Vice President & CFO Oct. 12, 2004 A 22,000 0 0 $0
Wei Ding President - A. O. Smith China Feb. 13, 2020 M 10,528 0 0 $0
Wilfridus M Brouwer President - AOSHBSRL March 6, 2018 S 7,630 0 0 $0
Darrell W. Schuh SVP; President & GM Lochinvar March 4, 2026 S 2,201 0 2 $-110,568
Samuel M. Carver SVP - Global Operations Feb. 23, 2026 G 2,713 0 0 $0
Parag Kulkarni SVP - Int'l; President India Feb. 13, 2026 M 0 0 $0
Stephen D. O'Brien SVP; Pres & General Mngr NAWH Feb. 13, 2026 M 6,510 0 0 $0
Benjamin A Otchere Vice President and Controller Feb. 13, 2026 M 2,148 0 0 $0
Jack Qiu SVP - Pres. A. O. Smith China Feb. 13, 2026 M 0 0 $0
Douglas Samuel Karge SVP - President NA Water Treat Feb. 13, 2026 M 3,890 0 0 $0
Kevin J. Wheeler Executive Chairman Feb. 13, 2026 M 128,348 0 0 $0
James F Stern Exec VP, Corp Dev, Strat & Sec Feb. 13, 2026 M 101,547 0 0 $0
Christopher T. Howe SVP Chief Digital Info Officer Feb. 9, 2026 A 0 0 $0
Ming Cheng SVP, CTO Feb. 9, 2026 A 0 0 $0
Curtis E Selby Senior VP - H.R. & P.A. Feb. 9, 2026 A 0 0 $0
Paul J Jones SVP, GC & Chief Compliance Off Feb. 9, 2026 A 0 0 $0
Stephanie Melissa Scheppele SVP - CIO Feb. 10, 2025 A 3,309 0 0 $0
Robert J Heideman Senior VP, CTO Feb. 10, 2025 A 8,889 0 0 $0
David R Warren Senior VP & President and GM Feb. 12, 2024 A 13,228 0 0 $0
Mark A Petrarca Senior Vice Pres. - H.R. & P.A Feb. 12, 2024 A 87,407 0 0 $0
Daniel L Kempken SVP - Strategy & Corp. Dev. Feb. 10, 2023 F 9,087 0 0 $0
Anindadeb Vjaykumar Dasgupta Senior Vice President Feb. 11, 2022 M 2,377 0 0 $0
Wallace E Goodwin SVP; President, Lochinvar, LLC Feb. 11, 2022 M 17,892 0 0 $0
Patricia K Ackerman Senior Vice President Feb. 11, 2022 M 1,802 0 0 $0
Helen E Gurholt Vice President and Controller May 4, 2021 S 1,503 0 0 $0
Paul R Dana SVP, Global Operations Feb. 16, 2021 G 4,021 0 0 $0
Peter R Martineau Senior Vice President - CIO Feb. 10, 2020 A 5,220 0 0 $0
Randall S Bednar Senior Vice President - CIO Feb. 11, 2016 M 41,910 0 0 $0
Steve W Rettler Senior Vice President - CD Feb. 10, 2014 A 28,566 0 0 $0
Michael J Cole Senior Vice President - Asia Feb. 9, 2009 A 14,157 0 0 $0
Ronald E Massa Executive Vice President Feb. 11, 2008 A 23,178 0 0 $0
David W Romoser Senior VP, Gen. Counsel & Sec April 24, 2007 M 39,537 0 0 $0
Charles J Bishop Senior Vice President - CT Feb. 9, 2007 A 17,325 0 0 $0
Albert E Medice Vice President - Europe Nov. 23, 2005 M 14,527 0 0 $0
Edward J Oconnor Vice President - H.R. & P.A. Oct. 12, 2004 A 19,788 0 0 $0
Donald M Heinrich Former - Senior Vice President June 3, 2004 M 29,465 0 0 $0
Ilham Kadri Director April 13, 2026 A 23,579 0 0 $0
Lois M Martin Director April 13, 2026 A 6,445 0 0 $0
Mark D Smith Director April 13, 2026 A 118,504 0 0 $0
Christopher L Mapes Director April 13, 2026 A 8,684 0 0 $0
Victoria M Holt Director April 13, 2026 A 1,922 0 0 $0
Todd W Fister Director April 8, 2025 A 4,094 0 0 $0
Michael M Larsen Director April 8, 2025 A 11,425 0 0 $0
Ronald D Brown Director April 8, 2025 A 0 0 0 $0
Ajita G Rajendra Director April 9, 2024 A 58,577 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

Activists & 5%+ owners 3 positions

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
Smith Family Voting Trust ×3 filings Feb. 25, 2019 Initial filing SEC
Smith Investment Company, Arthur O. Smith N/A, Bruce M. Smith N/A ×3 filings May 6, 2009 Initial filing SEC
Smith Family Trusts N/A ×3 filings April 27, 2009 Initial filing SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

ETF ownership Held by 156 ETFs

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
AQWA · Global X Funds 3.49% 14,621 NS May 31, 2026 N-PORT
STNC · Hennessy Funds Trust 2.40% 35,590 NS April 30, 2026 N-PORT
PHO · Invesco Exchange-Traded Fund Trust 2.39% 778,147 SH Aug. 8, 2026 Daily
ABLD · Abacus FCF ETF Trust 2.21% 30,528 NS April 30, 2026 N-PORT
FLV · AMERICAN CENTURY ETF TRUST 2.04% 127,026 NS May 31, 2026 N-PORT
FDIV · EA Series Trust 1.91% 22,436 NS April 30, 2026 N-PORT
OUSM · ALPS ETF Trust 1.54% 238,117 NS May 31, 2026 N-PORT
QDIV · Global X Funds 1.50% 8,626 NS May 31, 2026 N-PORT
EPSB · Harbor ETF Trust 1.47% 1,104 NS April 30, 2026 N-PORT
KNG · First Trust Exchange-Traded Fund IV 1.38% 754,410 NS April 30, 2026 N-PORT
NOBL · ProShares Trust 1.28% 2,496,049 NS May 31, 2026 N-PORT
RSPN · Invesco Exchange-Traded Fund Trust 1.26% 210,840 SH Aug. 8, 2026 Daily
TBLU · Tortoise Capital Series Trust 1.02% 9,481 NS May 31, 2026 N-PORT
FXR · First Trust Exchange-Traded AlphaDE… 0.80% 90,646 NS April 30, 2026 N-PORT
HOMZ · ETF Series Solutions 0.72% 4,332 NS May 31, 2026 N-PORT
SDVD · First Trust Exchange-Traded Fund IV 0.71% 95,403 NS April 30, 2026 N-PORT
SMMV · iShares Trust 0.65% 29,774 SH Aug. 8, 2026 Daily
FFLC · FIDELITY COVINGTON TRUST 0.54% 98,989 NS April 30, 2026 N-PORT
AFMC · First Trust Exchange-Traded Fund VI… 0.42% 12,100 NS May 31, 2026 N-PORT
QDF · FlexShares Trust 0.38% 129,690 NS April 30, 2026 N-PORT
AFLG · First Trust Exchange-Traded Fund VI… 0.30% 34,074 NS May 31, 2026 N-PORT
SZNE · Pacer Funds Trust 0.28% 599 NS April 30, 2026 N-PORT
VUSE · ETF Series Solutions 0.27% 33,240 NS May 31, 2026 N-PORT
FNY · First Trust Exchange-Traded AlphaDE… 0.25% 20,797 NS April 30, 2026 N-PORT
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.25% 17,649 NS April 30, 2026 N-PORT
VFQY · VANGUARD WELLINGTON FUND 0.22% 16,922 SH Aug. 8, 2026 Daily
RSP · Invesco Exchange-Traded Fund Trust 0.21% 3,243,414 SH Aug. 8, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.21% 14,891 NS April 30, 2026 N-PORT
MADE · iShares Trust 0.21% 2,090 SH Aug. 8, 2026 Daily
BFOR · ALPS ETF Trust 0.20% 7,412 NS May 31, 2026 N-PORT
VBK · VANGUARD INDEX FUNDS 0.19% 1,484,286 SH Aug. 8, 2026 Daily
BKMC · BNY Mellon ETF Trust 0.19% 18,932 NS April 30, 2026 N-PORT
JVAL · J.P. Morgan Exchange-Traded Fund Tr… 0.18% 21,362 NS April 30, 2026 N-PORT
AVMV · AMERICAN CENTURY ETF TRUST 0.17% 18,663 NS May 31, 2026 N-PORT
HQGO · Lattice Strategies Trust 0.17% 1,293 NS April 30, 2026 N-PORT
ROUS · Lattice Strategies Trust 0.15% 14,625 NS April 30, 2026 N-PORT
BBMC · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 46,201 NS April 30, 2026 N-PORT
DEUS · DBX ETF Trust 0.14% 6,583 NS May 29, 2026 N-PORT
FSMD · FIDELITY COVINGTON TRUST 0.14% 51,994 NS April 30, 2026 N-PORT
SCHM · SCHWAB STRATEGIC TRUST 0.12% 303,642 NS May 31, 2026 N-PORT
JQUA · J.P. Morgan Exchange-Traded Fund Tr… 0.11% 135,727 NS April 30, 2026 N-PORT
DFAS · Dimensional ETF Trust 0.11% 245,107 NS April 30, 2026 N-PORT
ISCV · iShares Trust 0.11% 11,882 SH Aug. 8, 2026 Daily
ISCB · iShares Trust 0.10% 4,623 SH Aug. 8, 2026 Daily
FIDU · FIDELITY COVINGTON TRUST 0.10% 33,802 NS April 30, 2026 N-PORT
ISCG · iShares Trust 0.10% 15,808 SH Aug. 8, 2026 Daily
VALQ · AMERICAN CENTURY ETF TRUST 0.10% 6,037 NS May 31, 2026 N-PORT
SMMD · iShares Trust 0.09% 56,046 SH Aug. 8, 2026 Daily
GMOV · GMO ETF Trust 0.09% 1,470 NS May 31, 2026 N-PORT
DUSL · Direxion Shares ETF Trust 0.09% 789 NS April 30, 2026 N-PORT