AMETEK Inc
0HF7.L
$185.68 -0.42%
Exchange: LSE | Sector: Industrials | Industry: Electrical Equipment Parts
Q4 2024
Published: Feb 20, 2025

Earnings Highlights

  • Revenue of $1.76B up 1.8% year-over-year
  • EPS of $1.67 increased by 12.1% from previous year
  • Gross margin of 36.6%
  • Net income of 387.26M
  • "'We are driving growth through our relentless pursuit of innovation,' stated David A. Zapico, Chairman and CEO." - David A. Zapico

AMETEK Inc (0HF7.L) QQ4 2024 Results: Strong Growth in Revenue and Profitability Amid Market Conditions

Executive Summary

In the fourth quarter of 2024, AMETEK Inc reported a revenue of $1.76 billion, marking a 1.77% increase year-over-year and a 3.10% increase quarter-over-quarter. The company demonstrated strong profitability with net income reaching $387.26 million, translating to a net income margin of 21.9%, a notable improvement compared to the previous quarter. AMETEK's robust performance can be attributed to its strategic focus on innovation and effective cost management, as emphasized in managementÒ€ℒs commentary. The company continues to thrive within the Electrical Equipment Parts industry, demonstrating resilience against market fluctuations and competitive pressures.

Key Performance Indicators

Revenue

1.76B
QoQ: 3.10% | YoY:1.77%

Gross Profit

644.75M
36.60% margin
QoQ: 4.70% | YoY:4.83%

Operating Income

468.98M
QoQ: 5.19% | YoY:5.39%

Net Income

387.26M
QoQ: 13.82% | YoY:12.95%

EPS

1.67
QoQ: 13.61% | YoY:12.08%

Revenue Trend

Margin Analysis

Key Insights

  • **Revenue**: $1,761.60 million (YoY: +1.77%, QoQ: +3.10%)
  • **Gross Profit**: $644.75 million (YoY: +4.83%, QoQ: +4.70%)
  • **Operating Income**: $468.98 million (YoY: +5.39%, QoQ: +5.19%)
  • **Net Income**: $387.26 million (YoY: +12.95%, QoQ: +13.82%)
  • **EPS**: $1.67 (YoY: +12.08%, QoQ: +13.61%)

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 1,778.06 1.55 +2.5% View
Q1 2025 1,731.97 1.52 -0.2% View
Q4 2024 1,761.60 1.67 +1.8% View
Q3 2024 1,708.56 1.47 +5.3% View
Q2 2024 1,734.83 1.45 +5.4% View