A. O. Smith Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	3,853	3,754	3,539	2,895	2,993	Upgrade
Revenue Growth (YoY)	2.63%	6.08%	22.23%	-3.25%	-6.12%	Upgrade
Cost of Revenue	2,368	2,424	2,228	1,787	1,812	Upgrade
Gross Profit	1,485	1,330	1,311	1,108	1,181	Upgrade
Selling, General & Admin	727.4	670.9	701.4	660.3	715.6	Upgrade
Other Operating Expenses	18.8	0	0	7.7	0	Upgrade
Operating Expenses	746.2	670.9	701.4	668	715.6	Upgrade
Operating Income	738.6	658.7	609.5	440.2	465.1	Upgrade
Interest Expense / Income	12	9.4	4.3	7.3	11	Upgrade
Other Expense / Income	-6.9	425.6	-20.4	-11	-18	Upgrade
Pretax Income	733.5	223.7	625.6	443.9	472.1	Upgrade
Income Tax	176.9	-12	138.5	99	102.1	Upgrade
Net Income	556.6	235.7	487.1	344.9	370	Upgrade
Net Income Growth	136.15%	-51.61%	41.23%	-6.78%	-16.70%	Upgrade
Shares Outstanding (Basic)	149	153	159	161	163	Upgrade
Shares Change	-2.65%	-4.01%	-1.43%	-1.01%	-4.02%	Upgrade
EPS (Basic)	3.71	1.52	3.05	2.13	2.24	Upgrade
EPS (Diluted)	3.69	1.51	3.02	2.12	2.22	Upgrade
EPS Growth	144.37%	-50.00%	42.45%	-4.50%	-13.95%	Upgrade
Free Cash Flow	597.7	321.1	566	505.3	391.8	Upgrade
Free Cash Flow Per Share	4.02	2.10	3.56	3.13	2.40	Upgrade
Dividend Per Share	1.520	1.140	1.060	0.980	0.900	Upgrade
Dividend Growth	33.33%	7.55%	8.16%	8.89%	18.42%	Upgrade
Gross Margin	38.54%	35.42%	37.04%	38.28%	39.45%	Upgrade
Operating Margin	19.17%	17.55%	17.22%	15.20%	15.54%	Upgrade
Profit Margin	14.45%	6.28%	13.76%	11.91%	12.36%	Upgrade
Free Cash Flow Margin	15.51%	8.55%	15.99%	17.45%	13.09%	Upgrade
Effective Tax Rate	24.12%	-5.36%	22.14%	22.30%	21.63%	Upgrade
EBITDA	823.8	310	707.8	531.2	561.4	Upgrade
EBITDA Margin	21.38%	8.26%	20.00%	18.35%	18.76%	Upgrade
Depreciation & Amortization	78.3	76.9	77.9	80	78.3	Upgrade
EBIT	745.5	233.1	629.9	451.2	483.1	Upgrade
EBIT Margin	19.35%	6.21%	17.80%	15.58%	16.14%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).