A. O. Smith Reports Third Quarter 2026 Results
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Third Quarter 2026 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) 1 Excludes full year North America water treatment estimated pre-tax restructuring and impairment expenses of approximately $20 million. MILWAUKEE, Oct. 29, 2026 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("A. O. Smith" or "the Company") (NYSE: AOS ) today announced its third quarter 2026 results. Key Financial Metrics Third Quarter (in millions, except per share amounts) Q3 2026 Q3 2025 % Change YoY Net sales $ 940.5 $ 942.5 - % Net earnings $ 126.3 $ 132.0 -4 % Diluted earnings per share $ 0.93 $ 0.94 -1 % "Disciplined execution across our businesses remained a priority in the third quarter as we navigated persistent inflationary pressures, softer residential water heater demand in North America, and ongoing market challenges in China," said Steve Shafer, chairman and chief executive officer. "Our teams adapted to changing market conditions, managed costs and stayed focused on meeting our customers' needs. Supported by our leading market positions and financial strength, we believe we remain well positioned to address near-term headwinds and deliver long-term, profitable growth." "Separately, earlier this week we announced definitive agreements with CPE to acquire an 81% interest in our China business," Shafer continued. "Our team in China has built...
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