Smith AO Corporation (AOS)

Return on equity (ROE)

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Net income US$ in thousands 546,200 533,600 556,600 235,700 487,100
Total stockholders’ equity US$ in thousands 2,130,500 1,883,500 1,844,400 1,747,700 1,832,200
ROE 25.64% 28.33% 30.18% 13.49% 26.59%

December 31, 2025 calculation

ROE = Net income ÷ Total stockholders’ equity
= $546,200K ÷ $2,130,500K
= 25.64%