Second Quarter 2019 Results - Sales decreased by 8% to $765.4 million compared to $833.3 million in 2018 [5] - Net earnings decreased by 11% to $102.1 million compared to $114.5 million in 2018 [5] - Earnings per share decreased by 8% to $0.61 compared to $0.66 in 2018 [5] Segment Performance - North America sales decreased by 2% to $524.0 million compared to $534.2 million in 2018 [6] - Rest of World sales decreased by 19% to $249.1 million compared to $308.1 million in 2018 [6] - North America segment earnings decreased by 2% to $122.9 million compared to $124.9 million in 2018 [7] - Rest of World segment earnings decreased by 35% to $22.4 million compared to $34.7 million in 2018 [7] - North America segment margin was 23.5% compared to 23.4% in 2018 [7] - Rest of World segment margin was 9.0% compared to 11.3% in 2018 [7] 2019 Outlook - The company expects a revenue decline of approximately 2 to 2.5% in USD [17] - EPS is projected to be between $2.35 and $2.41 [17]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019. or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |---------------------------------------------------------------------------------------------------------|-------------------- ...

A. O. Smith Corporation (NYSE:AOS) Q1 2019 Results Conference Call April 30, 2019 10:00 AM ET Company Participants Patricia Ackerman - SVP, IR, Treasurer & Corporate Responsibility and Sustainability Kevin Wheeler - CEO John Kita - Retiring CFO Chuck Lauber - Incoming CFO Conference Call Participants Alvaro Lacayo - G.research Drew Haroldson - D.A. Davidson Jeff Hammond - KeyBanc Capital Markets David MacGregor - Longbow Research Scott Graham - BMO Capital Markets Robert McCarthy - Stephens Andrew Cohen - N ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-475 A. O. Smith Corporation (Exact name of registrant as specified in its charter) Delaware 39-0619790 (State of Incorporation) ...