A. O. Smith Corporation (AOS), headquartered in Milwaukee, Wisconsin, manufactures and markets residential and commercial gas and electric water heaters, boilers, heat pumps, tanks, and water treatment products. With a market cap of $8.4 billion, the company specializes in offering innovative and energy-efficient solutions and products, which are developed and sold on a global platform.
Shares of this leading global water technology company have underperformed the broader market over the past year. AOS has declined 13.1% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 18.7%. In 2026, AOS’ stock fell 6%, compared to the SPX’s 12.2% rise on a YTD basis.