A.O. Smith

AOS

Market cap $9.19B

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has underperformed the SPDR S&P 500 ETF (SPY) year-to-date, but November shows a reversal. Several Dividend Aristocrats, including CAH, CAT, CHRW, and ALB, have posted double-digit gains in 2025, while others lag behind. Dividend growth among Aristocrats averages 5.46% for 2025, with most constituents announcing increases, though growth is slightly below 2024 levels.

MILWAUKEE , Nov. 12, 2025 /PRNewswire/ -- Global water technology company A. O. Smith Corporation (the "Company" or "A.

Fewer than 70 companies have achieved Dividend Aristocrats® status, and even fewer are Dividend Kings with 50 years of dividend increases and counting. Some of these companies, however, only offer meager dividend increases that sometimes trail inflation, so not all are buys for income investors.

This is my latest article where I provide predictions of upcoming dividend increases from companies with long-term dividend growth histories. The pattern of modest dividend increases continues, with only three of 19 companies announcing double-digit percentage boosts in October. November brings a larger chance of 10%+ increases from several companies, including industrials Roper Technologies and Snap-on, and healthcare companies Becton, Dickinson and Cencora.

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) has underperformed SPY in 2025, with a 6.27% YTD gain versus SPY's 17.8%. Despite overall underperformance, select Aristocrats like CAT, CAH, CHRW, and IBM have delivered strong double-digit returns this year. Dividend growth for the Aristocrats in 2025 averages 5.27%, with most constituents raising payouts, though growth may not exceed 2024's rate.

AOS posts double-digit earnings growth in Q3 2025, fueled by strong North American water heater and boiler demand.

A. O. Smith Corporation (NYSE:AOS ) Q3 2025 Earnings Call October 28, 2025 10:00 AM EDT Company Participants Helen Gurholt - Vice President of Investor Relations and Financial Planning & Analysis Stephen Shafer - President, CEO & Director Charles Lauber - Executive VP & CFO Conference Call Participants Saree Boroditsky - Jefferies LLC, Research Division Bryan Blair - Oppenheimer & Co. Inc., Research Division Jeffrey Hammond - KeyBanc Capital Markets Inc., Research Division Michael Halloran - Robert W. Baird & Co. Incorporated, Research Division Charles Perron-Piché - Goldman Sachs Group, Inc., Research Division David S.

The headline numbers for A.O. Smith (AOS) give insight into how the company performed in the quarter ended September 2025, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

A.O. Smith (AOS) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.89 per share. This compares to earnings of $0.82 per share a year ago.

Third Quarter 2025 Highlights (Comparisons are year-over-year ("YoY"), unless otherwise noted) Sales of $943 million grew 4% driven by higher water heater and boiler sales in North America Net earnings increased 10% to $132 million and diluted EPS increased 15% to $0.94 North America sales grew 6% and operating margin expanded 110 basis points to 24.2% 12% China local currency sales decline drove 1% Rest of World segment sales decrease; segment operating margin improved 90 basis points Cash provided by operations grew 21% to $434 million and free cash flow grew 35% to $381 million in the first nine months of 2025 Updated full year outlook Consolidated sales projected to range from flat to up 1% Narrowed the range for diluted EPS to $3.70 to $3.85 MILWAUKEE , Oct. 28, 2025 /PRNewswire/ -- Global water technology company A. O. Smith Corporation ("the Company") (NYSE: AOS) today announced its third quarter 2025 results.