A. O. Smith
AOS · Building Products
$61.65
1.3%Louisiana-Pacific
LPX · Building Products
$73.76
1.5%The short version
- A. O. Smith is the larger business, with $3.8B of revenue in fiscal 2025 against $2.7B for Louisiana-Pacific.
- A. O. Smith grew revenue faster (0.3%, against −7.9%).
- A. O. Smith kept more of each dollar of sales as operating profit (19.0% operating margin, against 7.7% operating margin).
- A. O. Smith turned more of its sales into free cash flow (14.3% FCF margin, against 3.4% FCF margin).
- A. O. Smith earned a higher return on the capital invested in it (30.7%, against 9.0%).
- Investors pay more for each dollar of Louisiana-Pacific’s earnings: a P/E of 94.6x against 17.1x for A. O. Smith.
| Latest fiscal year | AOS · FY25 | LPX · FY25 |
|---|---|---|
| Size | ||
| Market cap | $8.5B | $5.2B |
| Revenue | $3.8B | $2.7B |
| Free cash flow | $546M | $91.0M |
| Net income | $546M | $146M |
| Growth | ||
| Revenue growth | 0.3% | −7.9% |
| 5-year growth | 5.8% | 2.5% |
| Share count change | −3.5% | −1.4% |
| Profitability | ||
| Gross margin | 38.8% | 21.8% |
| Operating margin | 19.0% | 7.7% |
| Net margin | 14.3% | 5.4% |
| FCF margin | 14.3% | 3.4% |
| Return on capital | 30.7% | 9.0% |
| Return on equity | 29.2% | 8.6% |
| Balance sheet | ||
| Net debt | −$38.2M | $56.0M |
| Net debt / EBITDA | −0.1x | 0.2x |
| Dividends and buybacks | $597M | $139M |
| Valuation & quality | ||
| P/E | 17.1x | 94.6x |
| Piotroski F-score | 7 | 5 |
FY16
AOS $2.7B
LPX $2.2B
FY17
AOS $3.0B
LPX $2.7B
FY18
AOS $3.2B
LPX $2.8B
FY19
AOS $3.0B
LPX $2.3B
FY20
AOS $2.9B
LPX $2.4B
FY21
AOS $3.5B
LPX $3.9B
FY22
AOS $3.8B
LPX $3.9B
FY23
AOS $3.9B
LPX $2.6B
FY24
AOS $3.8B
LPX $2.9B
FY25
AOS $3.8B
LPX $2.7B
AOS
LPX
FY16
AOS 19.2%
LPX 9.4%
FY17
AOS 19.3%
LPX 19.5%
FY18
AOS 19.2%
LPX 18.6%
FY19
AOS 17.7%
LPX −0.9%
FY20
AOS 17.4%
LPX 25.6%
FY21
AOS 19.3%
LPX 44.3%
FY22
AOS 9.6%
LPX 32.4%
FY23
AOS 19.4%
LPX 11.1%
FY24
AOS 18.5%
LPX 18.0%
FY25
AOS 19.0%
LPX 7.7%
AOS
LPX
FY16
AOS $366M
LPX $218M
FY17
AOS $232M
LPX $325M
FY18
AOS $364M
LPX $297M
FY19
AOS $392M
LPX −$4.0M
FY20
AOS $505M
LPX $588M
FY21
AOS $566M
LPX $1.2B
FY22
AOS $321M
LPX $730M
FY23
AOS $598M
LPX $16.0M
FY24
AOS $474M
LPX $422M
FY25
AOS $546M
LPX $91.0M
AOS
LPX
FY16
AOS 34.2%
LPX 16.5%
FY17
AOS 28.4%
LPX 41.6%
FY18
AOS 38.6%
LPX 36.2%
FY19
AOS 30.8%
LPX −1.4%
FY20
AOS 29.3%
LPX 44.6%
FY21
AOS 39.8%
LPX 116.7%
FY22
AOS 24.1%
LPX 72.5%
FY23
AOS 35.2%
LPX 13.1%
FY24
AOS 31.6%
LPX 23.7%
FY25
AOS 30.7%
LPX 9.0%
AOS
LPX
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.