Smith AO Corporation
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Smith AO Corporation (AOS). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| North America | $2.12B 72.6% | $2.53B 70.9% · +19.4% | $2.82B 74.5% · +11.4% | $2.92B 75.3% · +3.7% |
| Rest of World | $800.3M 27.4% | $1.04B 29.1% · +29.5% | $965.8M 25.5% · -6.8% | $956.9M 24.7% · -0.9% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|
| North America | $503.5M 23.8% | $590.8M 23.4% | $266.0M 9.4% | $726.7M 24.9% |
| Rest of World | $0 0.0% | $91.4M 8.8% | $96.3M 10.0% | $83.4M 8.7% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| United States | $1.90B 65.8% | $2.24B 63.3% · +17.5% | $2.43B 64.7% · +8.5% | $2.55B 66.1% · +4.8% | $2.57B 67.4% · +1.0% | $2.62B 68.4% · +1.8% |
| China | $695.6M 24.0% | $912.6M 25.8% · +31.2% | $826.6M 22.0% · -9.4% | $827.4M 21.5% · +0.1% | $760.0M 19.9% · -8.1% | $672.8M 17.6% · -11.5% |
| Canada | $175.0M 6.0% | $247.2M 7.0% · +41.3% | $341.6M 9.1% · +38.2% | $335.3M 8.7% · -1.8% | $331.2M 8.7% · -1.2% | $326.5M 8.5% · -1.4% |
| Other Foreign | $119.8M 4.1% | $140.0M 4.0% · +16.9% | $155.7M 4.1% · +11.2% | $143.0M 3.7% · -8.2% | $153.2M 4.0% · +7.1% | $211.8M 5.5% · +38.3% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 11, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.