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Held by 603 of 5,944 reporting institutions (97th percentile) — extremely crowded.
Data as of Q1 2026
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Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Solve the discounted cash flow backwards, then stress-test the assumptions.
To be worth $56.93 today, the market must believe free cash flow compounds 3.6%/yr for a decade (off $539M normalized FCF).
The market's 3.6% is in line with its 9-yr track record.
2-stage DCF · 0.14B shares · net debt -$20M
mean 11.8% · volatility σ 42% · implied rate exceeded in 6/9 yrs
Central path = implied 3.6%/yr growth; shaded band = ±1σ (42%) of this company's historical FCF volatility, widening with time. The wider the band, the less certain the growth.
Reverse DCF: rather than guessing a fair value, we solve for the growth the current price implies, then you stress-test the assumptions. Enterprise value of the FCF stream, less net debt, ÷ shares. Educational — not a recommendation.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
Safe > 2.99 · grey 1.81–2.99 · distress < 1.81
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash conversion lags reported earnings — watch accruals. Lower/negative accruals = higher quality (Sloan).
Comfortably covers interest; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
The dividend is comfortably covered — only 36% of free cash flow, leaving room to grow it and fund buybacks. Last year: $196M dividends + $401M buybacks = $597M returned on $546M FCF.
9 consecutive years of dividend increases · 12%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A cash-return story — far more went to shareholders than back into the business (mature, low-reinvestment).
Reinvestment has been productive — operating income grew well per dollar put in. Current ROIC on all capital: 27%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $175M covers all $142M of scheduled principal — no refinancing pressure. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Interest is easily covered by operating profit. Effective rate ~8.7% on $155M of debt.
Cash of $175M fully covers short-term debt of $42M.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
EOD close · as of 2026-09-17
Nothing notable to watch.
No material risks flagged.
Where each multiple sits in its own 14-yr range · 30th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Returns are margin-driven, not leverage-driven — higher quality.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
Operating leverage needs meaningful revenue change.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 59.0 | 60.5 | 61.7 | 63.0 | 64.6 | 61.5 | 61.9 | 61.2 |
| Gross Profit | 41.0 | 39.5 | 38.3 | 37.0 | 35.4 | 38.5 | 38.1 | 38.8 |
| R&D | 2.9 | 2.9 | 2.8 | 2.7 | 2.4 | 2.5 | 2.7 | 2.5 |
| SG&A | 23.6 | 23.9 | 22.8 | 19.8 | 17.9 | 18.9 | 19.4 | 19.8 |
| Operating Income | 19.2 | 17.7 | 17.4 | 19.3 | 9.6 | 19.3 | 18.5 | 19.0 |
| Income Tax | 3.6 | 3.4 | 3.4 | 3.9 | -0.3 | 4.6 | 4.4 | 4.4 |
| Net Income | 13.9 | 12.4 | 11.9 | 13.8 | 6.3 | 14.4 | 14.0 | 14.3 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on AOS: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.83B 100.0% | $3.82B 100.0% | $3.85B 100.0% | $3.75B 100.0% | $3.54B 100.0% | $2.90B 100.0% | $2.99B 100.0% | $3.19B 100.0% | $3.00B 100.0% | $2.69B 100.0% |
| Cost of Revenue | $2.34B 61.2% | $2.36B 61.9% | $2.37B 61.5% | $2.42B 64.6% | $2.23B 63.0% | $1.79B 61.7% | $1.81B 60.5% | $1.88B 59.0% | $1.76B 58.9% | $1.57B 58.5% |
| Cost of Products | — | — | — | — | — | — | — | — | $1.76B 58.7% | $1.57B 58.3% |
| Gross Profit | $1.49B 38.8% | $1.46B 38.1% | $1.48B 38.5% | $1.33B 35.4% | $1.31B 37.0% | $1.11B 38.3% | $1.18B 39.5% | $1.31B 41.0% | $1.23B 41.1% | $1.11B 41.5% |
| Research & Development | $95.0M 2.5% | $101.7M 2.7% | $97.5M 2.5% | $89.0M 2.4% | $94.2M 2.7% | $80.7M 2.8% | $87.9M 2.9% | $94.0M 2.9% | $86.4M 2.9% | $80.1M 3.0% |
| Selling, General & Admin | $759.4M 19.8% | $739.3M 19.4% | $727.4M 18.9% | $670.9M 17.9% | $701.4M 19.8% | $660.3M 22.8% | $715.6M 23.9% | $753.8M 23.6% | $722.8M 24.1% | $662.5M 24.7% |
| Operating Income | $728.6M 19.0% | $707.7M 18.5% | $745.5M 19.3% | $362.0M 9.6% | $682.0M 19.3% | $503.2M 17.4% | $529.1M 17.7% | $613.4M 19.2% | $577.9M 19.3% | $515.0M 19.2% |
| Interest Expense | $13.5M 0.4% | $6.7M 0.2% | $12.0M 0.3% | $9.4M 0.3% | $4.3M 0.1% | $7.3M 0.3% | $11.0M 0.4% | $8.4M 0.3% | $10.1M 0.3% | $7.3M 0.3% |
| Other Income (Expense), net | $600K 0.0% | $8.5M 0.2% | $6.9M 0.2% | -$425.6M -11.3% | $20.4M 0.6% | $11.0M 0.4% | $18.0M 0.6% | $21.2M 0.7% | $21.3M 0.7% | $18.1M 0.7% |
| Pretax Income | $715.1M 18.7% | $701.0M 18.4% | $733.5M 19.0% | $223.7M 6.0% | $625.6M 17.7% | $443.9M 15.3% | $472.1M 15.8% | $557.8M 17.5% | $520.8M 17.4% | $462.5M 17.2% |
| Income Tax Expense | $168.9M 4.4% | $167.4M 4.4% | $176.9M 4.6% | -$12.0M -0.3% | $138.5M 3.9% | $99.0M 3.4% | $102.1M 3.4% | $113.6M 3.6% | $224.3M 7.5% | $136.0M 5.1% |
| Net Income | $546.2M 14.3% | $533.6M 14.0% | $556.6M 14.4% | $235.7M 6.3% | $487.1M 13.8% | $344.9M 11.9% | $370.0M 12.4% | $444.2M 13.9% | $296.5M 9.9% | $326.5M 12.2% |
| Per Share | ||||||||||
| EPS (Basic) | $3.87 | $3.65 | $3.71 | $1.52 | $3.05 | $2.13 | $2.24 | $2.60 | $1.72 | $1.87 |
| EPS (Diluted) | $3.85 | $3.63 | $3.69 | $1.51 | $3.02 | $2.12 | $2.22 | $2.58 | $1.70 | $1.85 |
| Weighted Avg Shares (Basic) | 141.0M | 146.0M | 150.0M | 154.8M | 159.9M | 161.5M | 165.5M | 170.6M | 172.7M | 174.7M |
| Weighted Avg Shares (Diluted) | 141.9M | 147.1M | 151.0M | 155.8M | 161.3M | 162.6M | 166.7M | 172.2M | 174.6M | 176.8M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
Ranked against 651 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTM | $29.49T | — | — | — | — | — | — | — | — | — | 160 |
| CAT | $371.6B | 42.5× | 29.7× | 5.5× | 4.3% | 33.8% | 13.1% | 41.7% | 15.4% | 2.7× | 3,616 |
| GE | $328.8B | 38.5× | — | 7.2× | 18.5% | — | 19.0% | 46.6% | 22.2% | — | 3,077 |
| RTX | $259.8B | 39.0× | 18.5× | 2.9× | 9.7% | — | 7.6% | 10.3% | 10.3% | 0.0× | 3,277 |
| BA | $199.4B | 79.4× | 40.2× | 2.2× | 34.5% | 4.8% | 2.5% | 41.0% | 3.3% | 10.0× | 2,435 |
| DE | $185.4B | 37.1× | — | 4.1× | -11.7% | — | 11.0% | 19.4% | 12.6% | — | 2,491 |
| ABBNY | $177.4B | 47.9× | 31.6× | 5.5× | 9.5% | 34.8% | 11.9% | 28.5% | 20.4% | 0.9× | 48 |
| UNP | $167.6B | 23.6× | 16.1× | 6.8× | 1.1% | — | 29.1% | 38.7% | 14.2% | 2.6× | 2,648 |
| ETN | $158.8B | 39.2× | — | 5.8× | 10.3% | 37.6% | 14.9% | 21.0% | 13.9% | — | 2,398 |
| HON | $131.2B | 28.1× | 16.1× | 3.5× | 7.8% | 36.9% | 12.6% | 34.0% | 9.8% | 3.6× | 2,694 |
| LMT | $123.2B | 25.0× | 16.1× | 1.6× | 5.6% | 10.2% | 6.7% | 74.6% | 17.7% | 2.5× | 2,807 |
| PH | $118.7B | 34.1× | 26.8× | 6.0× | -0.4% | 36.9% | 17.8% | 25.8% | 16.7% | 1.6× | 1,845 |
| ADP | $108.3B | 24.9× | — | 4.9× | 6.7% | 46.4% | 20.1% | 73.2% | 40.1% | — | 2,179 |
| GD | $96.2B | 23.0× | 16.9× | 1.8× | 10.1% | — | 8.0% | 16.4% | 12.5% | 1.3× | 2,123 |
| TT | $94.4B | 32.6× | 23.3× | 4.4× | 7.5% | — | 13.7% | 34.0% | 22.1% | 1.1× | 1,658 |
| VRT | $92.4B | 70.8× | 43.8× | 9.0× | 27.7% | 36.3% | 13.0% | 33.8% | 19.4% | 1.4× | 1,748 |
| PWR | $92.2B | 90.7× | 45.8× | 3.2× | 20.3% | 15.0% | 3.6% | 11.5% | 10.6% | 0.4× | 1,659 |
| JCI | $91.9B | 28.0× | — | 3.9× | 2.8% | 36.4% | 13.9% | 25.5% | 14.4% | — | 1,487 |
| HWM | $90.7B | 60.9× | 39.9× | 11.0× | 11.1% | — | 18.3% | 28.2% | 17.9% | 1.3× | 1,399 |
| CSX | $89.1B | 31.1× | 14.4× | 6.3× | -3.1% | — | 20.5% | 22.0% | 22.0% | — | 1,791 |
| MMM | $87.3B | 27.4× | 16.8× | 3.5× | 1.5% | 39.9% | 13.0% | 69.1% | 18.8% | 2.1× | 2,051 |
| WM | $86.0B | 31.8× | 12.1× | 3.4× | 14.2% | 40.4% | 10.7% | 27.1% | 25.3% | 0.1× | 2,262 |
| UPS | $85.0B | 15.3× | 9.5× | 1.0× | -2.6% | — | 6.3% | 34.3% | 13.8% | 2.2× | 2,025 |
| EMR | $83.0B | 36.5× | — | 4.6× | 3.0% | 52.8% | 12.7% | 11.3% | 6.9% | — | 2,112 |
| CTAS | $79.8B | 45.0× | 28.7× | 7.7× | 7.7% | 50.0% | 17.5% | 38.7% | 25.5% | 0.8× | 1,366 |
| AOS | $8.0B | 14.8× | 9.8× | 2.1× | 0.3% | 38.8% | 14.3% | 29.4% | 27.1% | 0.2× | 603 |
Peers = companies sharing AOS's sector (Industrials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.