Filing Flows › Smith A O (AOS) › Q1 2025
Smith A O (AOS) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 29, 2025
Smith A O (AOS) reported revenue of $964M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +6% from the quarter before. Operating margin was 19.1%, net earnings $137M (14.2% of revenue).
Smith A O, Q1 2025: revenue $964M (-2% year over year), operating margin 19.1%, net earnings $137M, operating cash flow $38.7M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $964M | +6% | -2% |
| Gross profit | $375M | +11% | -2% |
| Operating profit | $184M | +100% | -5% |
| Net earnings | $137M | +25% | -7% |
| Operating cash flow | $38.7M | -83% | -64% |
| Free cash flow | $17.4M | -91% | -79% |
What changed
Revenue was $963.9M in Q1 2025, down 2% year over year and up 6% from the previous quarter. North America was the largest line at 77% of revenue. North America lost $18.2M year over year (down 2%), 122% of the total change.
Gross margin was 38.9%, down 0.4 points from a year earlier. Operating profit was $184.0M, a 19.1% margin (down 0.7 points year over year). Operating expenses grew 0% against a revenue fall of 2%. Net earnings were $136.6M, down 7% year over year. The effective tax rate was 24.6%.
Operating cash flow was $38.7M (down 64% year over year), 28% of net earnings. Non-cash charges added back $20.7M of depreciation and amortization and $6.1M of share-based compensation. Working capital and other items used $124.7M. Capital expenditures of $21.3M left free cash flow of $17.4M.
Questions
What was Smith A O's revenue in the first quarter 2025?
Smith A O (AOS) reported revenue of $964M for the first quarter 2025 (Q1 2025), -2% from a year earlier and +6% from the quarter before.
Was Smith A O profitable in the first quarter 2025?
Operating profit was $184M (19.1% of revenue) and net earnings $137M.
Source: Smith A O 10-Q on SEC EDGAR.