A. O. Smith
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. A. O. Smith's past years’ income statements indicate that its last revenue has increased compared to the previous period by 3% to $3,852,800,000. The net income raised on $556,600,000 and profit margin reached 14%. Total operating expenses were $841,400,000.
Profit Margin
| 2014 | 2.35B | 207.8M | 8.82% |
|---|---|---|---|
| 2015 | 2.53B | 282.9M | 11.15% |
| 2016 | 2.68B | 326.5M | 12.16% |
| 2017 | 2.99B | 296.5M | 9.89% |
| 2018 | 3.18B | 444.2M | 13.93% |
| 2019 | 2.99B | 370M | 12.36% |
| 2020 | 2.89B | 344.9M | 11.91% |
| 2021 | 3.53B | 487.1M | 13.76% |
| 2022 | 3.75B | 235.7M | 6.28% |
| 2023 | 3.85B | 556.6M | 14.45% |
0L7A.L Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 3.85B | 3.75B | 3.53B | 2.89B | 2.99B | 3.18B | 2.99B | 2.68B | 2.53B | 2.35B |
Cost of revenue | 2.36B | 2.42B | 2.22B | 1.78B | 1.81B | 1.88B | 1.75B | 1.57B | 1.52B | 1.49B |
Gross profit | 1.48B | 1.32B | 1.31B | 1.10B | 1.18B | 1.30B | 1.23B | 1.11B | 1.00B | 859.3M |
Operating exp. | ||||||||||
Research and development | 97.5M | 89M | 94.2M | 80.7M | 87.9M | 94M | 86.4M | 80.1M | 73.7M | 67.9M |
Selling and marketing | 93.9M | 100.4M | 107M | 97M | 110.7M | 132.1M | 126.9M | 113.9M | 102.2M | 94M |
Total operating expenses | 841.4M | 670.9M | 701.4M | 660.3M | 715.6M | 739.3M | 718M | 644.4M | 599.9M | 566.9M |
Operating income | 643.4M | 654.6M | 610.3M | 446.2M | 466.8M | 550.3M | 519.7M | 460.4M | 399.1M | 287.2M |
Other income (expenses), net | 90.1M | -430.9M | 15.3M | -2.3M | 5.3M | 7.5M | 1.09M | 2.1M | 77.1M | 2.9M |
Income before tax | 733.5M | 223.7M | 625.6M | 443.9M | 472.1M | 557.8M | 520.79M | 462.5M | 402.5M | 286.7M |
Income tax expense | 176.9M | -12M | 138.5M | 99M | 102.1M | 113.6M | 224.3M | 136M | 119.6M | 78.9M |
Net income | 556.6M | 235.7M | 487.1M | 344.9M | 370M | 444.2M | 296.5M | 326.5M | 282.9M | 207.8M |
Earnings per share | ||||||||||
Basic EPS | 3.71 | 1.52 | 3.05 | 2.14 | 2.24 | 2.58 | 1.72 | 1.85 | 1.58 | 1.14 |
Diluted EPS | 3.69 | 1.51 | 3.02 | 2.12 | 2.22 | 2.58 | 1.7 | 1.85 | 1.58 | 1.14 |
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