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Smith A O vs Raytech: revenue, profit, margins and growth compared

Smith A O brought in $3.8B of revenue in fiscal 2025, Raytech $18.2M in fiscal 2026. Revenue changed by +0.3% at Smith A O and +79.8% at Raytech on the year before, so Raytech grew faster. Smith A O kept 14.3% of its revenue as net profit, Raytech 11.7%.

Side by side, latest fiscal year

AOSRAY
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$3.8B$18.2M
Revenue growth+0.3%+79.8%
Net income$546.2M$2.1M
Net margin14.3%11.7%
Free cash flow$546Mn/a
Free cash flow margin14.3%n/a
Earnings per share (diluted)$3.85$0.92
Cash$174.5M$10M
Debt$155Mn/a
Price to earnings15.2n/a
Market value$8B$16.4M
Dividend yield2.35%n/a
Rank by revenue in sector#248 of 955 · Consumer discretionary#835 of 955 · Consumer discretionary

Over the years

Revenue
AOS FY2018: $3.2BAOS FY2019: $3BAOS FY2020: $2.9BAOS FY2021: $3.5BAOS FY2022: $3.8BAOS FY2023: $3.9BAOS FY2025: $3.8BAOS FY2025: $3.8BRAY FY2024: $8.6MRAY FY2025: $10.1MRAY FY2026: $18.2MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AOS $3.8BRAY $18.2M
Net income
AOS FY2018: $444.2MAOS FY2019: $370MAOS FY2020: $344.9MAOS FY2021: $487.1MAOS FY2022: $235.7MAOS FY2023: $556.6MAOS FY2025: $533.6MAOS FY2025: $546.2MRAY FY2024: $1.3MRAY FY2025: $1.1MRAY FY2026: $2.1MFY18FY19FY20FY21FY22FY23FY24FY25FY26
AOS $546.2MRAY $2.1M
Net margin
AOS FY2018: 13.9%AOS FY2019: 12.4%AOS FY2020: 11.9%AOS FY2021: 13.8%AOS FY2022: 6.3%AOS FY2023: 14.4%AOS FY2025: 14.0%AOS FY2025: 14.3%RAY FY2024: 14.8%RAY FY2025: 10.5%RAY FY2026: 11.7%FY18FY19FY20FY21FY22FY23FY24FY25FY26
AOS 14.3%RAY 11.7%
Revenue growth
AOS FY2019: -6.1%AOS FY2020: -3.3%AOS FY2021: +22.2%AOS FY2022: +6.1%AOS FY2023: +2.6%AOS FY2025: -0.9%AOS FY2025: +0.3%RAY FY2025: +18.3%RAY FY2026: +79.8%FY19FY20FY21FY22FY23FY25FY26
AOS +0.3%RAY +79.8%
Free cash flow
AOS FY2018: $363.7MAOS FY2019: $391.8MAOS FY2020: $505.3MAOS FY2021: $566MAOS FY2022: $321.1MAOS FY2023: $597.7MAOS FY2025: $473.8MAOS FY2025: $546MFY18FY19FY20FY21FY22FY23FY25
AOS $546MRAY

Fiscal years as each company reports them; the two may end in different months.

Questions about Smith A O and Raytech

Which is bigger by revenue, Smith A O or Raytech?

Smith A O is bigger by revenue: $3.8B in fiscal 2025, against $18.2M for Raytech in fiscal 2026.

Which keeps more of its revenue as profit, Smith A O or Raytech?

Smith A O had a net margin of 14.3% in fiscal 2025; Raytech had 11.7% in fiscal 2026.

Which grew revenue faster, Smith A O or Raytech?

In their latest fiscal years revenue changed by +0.3% at Smith A O and +79.8% at Raytech.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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