A. O. Smith Corporation (AOS) Earnings Call Transcripts

A. O. Smith Corporation's Latest Earnings Call - Q2 FY2026

In the second quarter of 2026, A.O. Smith Corporation reported revenues of approximately $1 billion and adjusted earnings per share (EPS) of $1.03, reflecting a solid performance despite challenging market conditions, particularly in China. The company experienced a 5% increase in North America sales to $821 million, driven by strong boiler sales growth of 21%. However, management narrowed its full-year guidance for sales growth to approximately 2% to 3% and adjusted EPS to a range of $3.70 to $3.85, citing continued softness in the residential water heater market as a key concern.

Reported metrics

Guidance from management

Management has narrowed its full-year guidance for sales growth to approximately 2% to 3% and adjusted EPS to a range of $3.70 to $3.85, reflecting ongoing challenges in the residential water heater market.

What management said

Yes, Bryan, when we kind of look at the way the industry rolls out, just recall that in '24 and in '25, we really had also price increases in the first half of the year, pulling volume into the first half, so some of the comps that we're seeing industry data, kind of through May are comping against a pretty strong front half of the year. The way we have the year laid out, the last couple of years, has been in the 52%...

Maybe I'll start with that 1 and then Chuck can pick up the first part of the question. But I would say it's too early to talk about future price increases at this point. The material cost environment inclusive of tariffs remains quite dynamic. And as a result, we're watching and managing this quite closely with our teams. And our goal is to always maintain a balance in that price-cost relationship, as we also want t...

What analysts pressed on

Analysts expressed concerns regarding the softness in the residential water heater market and its impact on future earnings. There were also questions about the pricing strategy and the potential for increased price elasticity in a weaker demand environment.

Main topics on the call

• Revenue Performance — A.O. Smith achieved approximately $1 billion in sales, with North America segment sales increasing 5% to $821 million. The growth was supported by strong boiler sales, which rose 21% in the quarter, contributing signific...
• Adjusted EPS and Guidance — The company reported adjusted EPS of $1.03, which was in line with expectations. However, management narrowed its full-year guidance for adjusted EPS to $3.70 to $3.85, down from a previous range of $3.70 to $4.00, refle...
• China Market Challenges — Sales in China decreased by 28% in local currency due to ongoing market weakness. Management is conducting a strategic assessment of the China business and expects to provide updates in the next quarterly earnings call.
• Boiler Business Growth — The North America boiler business showed strong performance with a 21% sales increase in Q2, contributing to a year-to-date growth of 12%. Management remains confident in a full-year growth outlook of 6% to 8% for this s...

Read the full A. O. Smith Corporation transcript (Q2 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 30 A. O. Smith Corporation earnings call transcripts on record, spanning January 28, 2020 to July 30, 2026. Based on this history, A. O. Smith Corporation reports quarterly. The most recent call on file is dated July 30, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

AOS

Exchange

NYSE

Country

US

Sector

Industrials

Industry

Building Products

Calls on record

30

First call

January 28, 2020

Most recent

July 30, 2026

Reporting cadence

quarterly