AMETEK, Inc.

AME

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

6,941

Cost of Revenue

4,465

Gross Profit

2,476

Gross Margin

35.7%

Operating Income

1,780

Operating Margin

25.6%

Net Income

1,376

Net Margin

19.8%

EPS (Basic)

$5.95

EPS (Diluted)

$5.93

EBITDA

2,157

EBITDA Margin

31.1%

2023

12/31/2023

Revenue

6,597

Cost of Revenue

4,212

Gross Profit

2,384

Gross Margin

36.1%

Operating Income

1,707

Operating Margin

25.9%

Net Income

1,313

Net Margin

19.9%

EPS (Basic)

$5.70

EPS (Diluted)

$5.67

EBITDA

2,026

EBITDA Margin

30.7%

2022

12/31/2022

Revenue

6,151

Cost of Revenue

4,005

Gross Profit

2,145

Gross Margin

34.9%

Operating Income

1,501

Operating Margin

24.4%

Net Income

1,160

Net Margin

18.9%

EPS (Basic)

$5.04

EPS (Diluted)

$5.01

EBITDA

1,831

EBITDA Margin

29.8%

2021

12/31/2021

Revenue

5,547

Cost of Revenue

3,634

Gross Profit

1,913

Gross Margin

34.5%

Operating Income

1,309

Operating Margin

23.6%

Net Income

990

Net Margin

17.9%

EPS (Basic)

$4.29

EPS (Diluted)

$4.25

EBITDA

1,596

EBITDA Margin

28.8%

2020

12/31/2020

Revenue

4,540

Cost of Revenue

2,997

Gross Profit

1,544

Gross Margin

34.0%

Operating Income

1,028

Operating Margin

22.6%

Net Income

872

Net Margin

19.2%

EPS (Basic)

$3.80

EPS (Diluted)

$3.77

EBITDA

1,424

EBITDA Margin

31.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	6,941	6,597	6,151	5,547	4,540
Cost of Revenue	4,465	4,212	4,005	3,634	2,997
Gross Profit	2,476	2,384	2,145	1,913	1,544
Gross Margin	35.7%	36.1%	34.9%	34.5%	34.0%
Operating Income	1,780	1,707	1,501	1,309	1,028
Operating Margin	25.6%	25.9%	24.4%	23.6%	22.6%
Net Income	1,376	1,313	1,160	990	872
Net Margin	19.8%	19.9%	18.9%	17.9%	19.2%
EPS (Basic)	$5.95	$5.70	$5.04	$4.29	$3.80
EPS (Diluted)	$5.93	$5.67	$5.01	$4.25	$3.77
EBITDA	2,157	2,026	1,831	1,596	1,424
EBITDA Margin	31.1%	30.7%	29.8%	28.8%	31.4%