A. O. Smith Corporation reported earnings results for the fourth quarter and full year ended December 31, 2023. For the fourth quarter, the company reported sales was USD 988.1 million compared to USD 936.1 million a year ago. Net income was USD 137.3 million compared to net loss of USD 120.1 million a year ago. Diluted earnings per share from continuing operations was USD 0.92 compared to diluted loss per share from continuing operations of USD 0.78 a year ago.
For the full year, sales was USD 3,852.8 million compared to USD 3,753.9 million a year ago. Net income was USD 556.6 million compared to USD 235.7 million a year ago. Diluted earnings per share from continuing operations was USD 3.69 compared to USD 1.51 a year ago.