Operating Margin in % of SMITH A O CORP from 2016 to Q3 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Smith A O Corp quarterly/annual Operating Margin history and growth rate from 2016 to Q3 2024.
  • Smith A O Corp Operating Margin for the quarter ending September 30, 2024 was 19.4 %, a 60.9% increase year-over-year.
  • Smith A O Corp annual Operating Margin for 2023 was 21 %, a 118% increase from 2022.
  • Smith A O Corp annual Operating Margin for 2022 was 9.64 %, a 50% decline from 2021.
  • Smith A O Corp annual Operating Margin for 2021 was 19.3 %, a 10.9% increase from 2020.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)

SMITH A O CORP Quarterly Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
Q3 2024 19.4 +7.34 +60.9% Jul 1, 2024 Sep 30, 2024
Q2 2024 20.1 +8.65 +75.4% Apr 1, 2024 Jun 30, 2024
Q1 2024 20.9 +10.8 +107% Jan 1, 2024 Mar 31, 2024
Q4 2023 21 +11.4 +118% Oct 1, 2023 Dec 31, 2023
Q3 2023 12.1 -6.7 -35.7% Jul 1, 2023 Sep 30, 2023
Q2 2023 11.5 -7.48 -39.5% Apr 1, 2023 Jun 30, 2023
Q1 2023 10.1 -8.98 -47% Jan 1, 2023 Mar 31, 2023
Q4 2022 9.64 -9.63 -50% Oct 1, 2022 Dec 31, 2022
Q3 2022 18.8 -0.6 -3.1% Jul 1, 2022 Sep 30, 2022
Q2 2022 19 -0.45 -2.32% Apr 1, 2022 Jun 30, 2022
Q1 2022 19.1 +0.6 +3.24% Jan 1, 2022 Mar 31, 2022
Q4 2021 19.3 +1.89 +10.9% Oct 1, 2021 Dec 31, 2021
Q3 2021 19.4 +2.86 +17.3% Jul 1, 2021 Sep 30, 2021
Q2 2021 19.4 +3.58 +22.6% Apr 1, 2021 Jun 30, 2021
Q1 2021 18.5 +1.66 +9.85% Jan 1, 2021 Mar 31, 2021
Q4 2020 17.4 -0.3 -1.7% Oct 1, 2020 Dec 31, 2020
Q3 2020 16.5 -2.04 -11% Jul 1, 2020 Sep 30, 2020
Q2 2020 15.8 -3.18 -16.7% Apr 1, 2020 Jun 30, 2020
Q1 2020 16.9 -2.19 -11.5% Jan 1, 2020 Mar 31, 2020
Q4 2019 17.7 -1.56 -8.11% Oct 1, 2019 Dec 31, 2019
Q3 2019 18.5 -0.61 -3.19% Jul 1, 2019 Sep 30, 2019
Q2 2019 19 -0.15 -0.78% Apr 1, 2019 Jun 30, 2019
Q1 2019 19.1 -0.11 -0.57% Jan 1, 2019 Mar 31, 2019
Q4 2018 19.2 -0.04 -0.21% Oct 1, 2018 Dec 31, 2018
Q3 2018 19.2 Jul 1, 2018 Sep 30, 2018
Q2 2018 19.2 Apr 1, 2018 Jun 30, 2018
Q1 2018 19.2 Jan 1, 2018 Mar 31, 2018
Q4 2017 19.3 Oct 1, 2017 Dec 31, 2017

SMITH A O CORP Annual Operating Margin (%)

Period Value YoY Chg Change % Start Date End Date
2023 21 +11.4 +118% Jan 1, 2023 Dec 31, 2023
2022 9.64 -9.63 -50% Jan 1, 2022 Dec 31, 2022
2021 19.3 +1.89 +10.9% Jan 1, 2021 Dec 31, 2021
2020 17.4 -0.3 -1.7% Jan 1, 2020 Dec 31, 2020
2019 17.7 -1.56 -8.11% Jan 1, 2019 Dec 31, 2019
2018 19.2 -0.04 -0.21% Jan 1, 2018 Dec 31, 2018
2017 19.3 +0.11 +0.57% Jan 1, 2017 Dec 31, 2017
2016 19.2 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.