Smith AO Corporation (AOS)

Return on total capital

Dec 31, 2025 Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021
Earnings before interest and tax (EBIT) (ttm) US$ in thousands 565,600 704,000 686,700 688,900 698,600 738,200 758,900 763,900 745,500 328,000 296,300 250,300 233,100 655,800 676,100 660,900 629,900 599,600 571,100 508,400
Long-term debt US$ in thousands
Total stockholders’ equity US$ in thousands 2,130,500 1,844,500 1,845,900 1,855,100 1,883,500 1,916,700 1,911,600 1,881,800 1,844,400 1,882,400 1,888,400 1,790,200 1,747,700 1,747,800 1,792,500 1,808,900 1,832,200 1,896,500 1,816,300 1,849,000
Return on total capital 26.55% 38.17% 37.20% 37.14% 37.09% 38.51% 39.70% 40.59% 40.42% 17.42% 15.69% 13.98% 13.34% 37.52% 37.72% 36.54% 34.38% 31.62% 31.44% 27.50%

December 31, 2025 calculation

Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $565,600K ÷ ($—K + $2,130,500K)
= 26.55%