AOSA. O. Smith

$62.48

Is it safe?

Can AOS take a bad year?

A. O. Smith carries $412M of net debt at 0.52× EBITDA: a load its earnings can carry.

$412M

Net debt · as at Q1 2026 · under two and a half years of EBITDA, comfortable

Net debt / EBITDA
0.52×

Net debt / EBITDA · 0.09× a year ago · the load is going up

Altman Z-score
7.79

Altman Z-score · safe zone, above 3

Interest cover
39.9×

Interest cover · operating profit covers the interest bill several times over

Details
Total debtQ1 2026
$616M
Cash and short-term investments
$204M
Net debt
$412M
EBITDA, trailing twelve months
$795M
Operating profit, trailing twelve months
$706M
Debt / equity
0.33×
Total debt / EBITDA
0.78×
Annualised volatilitytwo years of daily moves
26%
Worst drawdown on file
−47%
Below its 52-week high
−22%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.