Smith AO Corporation (AOS)

Operating return on assets (Operating ROA)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Operating income US$ in thousands 728,000 716,800 757,400 658,700 609,500
Total assets US$ in thousands 3,142,800 3,240,000 3,213,900 3,332,300 3,474,400
Operating ROA 23.16% 22.12% 23.57% 19.77% 17.54%

December 31, 2025 calculation

Operating ROA = Operating income ÷ Total assets
= $728,000K ÷ $3,142,800K
= 23.16%