A.O. Smith Corporation reported its earnings for the full year ending December 31, 2025. Net earnings (GAAP) for the period were USD 546.2 million. Adjusted earnings (non-GAAP) were USD 546.2 million, while adjusted earnings per share (non-GAAP) stood at USD 3.85. For its reporting segments, North America delivered adjusted segment earnings of USD 727.9 million, and the Rest of World segment, which includes China, India, and Europe, reported adjusted segment earnings of USD 76.4 million. Free cash flow for the twelve-month period was USD 545.4 million, with cash provided by operating activities (GAAP) at USD 616.8 million. During the year, A.O. Smith announced a definitive agreement to acquire LVC Holdco LLC (Leonard Valve) for USD 470 million, funded with cash borrowed under a new term loan, as part of its ongoing strategy to drive growth, expand its core business, and establish adjacencies. The company continues to focus on manufacturing and marketing residential and commercial water heaters, boilers, tanks, and water treatment products across North America and international markets.

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