Headquartered in Milwaukee, WI·Fiscal year ends December·NYSE: AOS·aosmith.com
About A. O. Smith
A. O. Smith Corporation (NYSE: AOS) is a global water technology company and one of the world's largest manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment and water management products. The company operates through two primary segments: North America and Rest of World, with significant operations in China. Its product portfolio spans residential and commercial water heaters, high-efficiency gas boilers, and water treatment systems. The company acquired Leonard Valve in January 2026, expanding its product capabilities. A. O. Smith is currently conducting a strategic assessment of its China business amid persistent market weakness in that region. Updated
Four industrial names with decades of uninterrupted dividend growth sit largely ignored while yield-seekers chase REITs and telecoms, and their free cash flow coverage ratios tell a story the crowd keeps missing.
The Federal Reserve interest rate decision to be announced later Wednesday is the morning's leading issue. A share price jump approaching 1,000% in two days is also getting a lot of attention.
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