Smith AO Corporation (AOS)

Financial leverage ratio

Dec 31, 2025 Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Total assets US$ in thousands 3,142,800 3,240,000 3,213,900 3,332,300 3,474,400
Total stockholders’ equity US$ in thousands 2,130,500 1,883,500 1,844,400 1,747,700 1,832,200
Financial leverage ratio 1.48 1.72 1.74 1.91 1.90

December 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,142,800K ÷ $2,130,500K
= 1.48