AMETEK INC/

10-K & 10-Q Filings

AMETEK, Inc. is a leading global manufacturer of electronic instruments and electromechanical devices with operations in North America, Europe, Asia, and South America. The company's business is organized into two operating groups: Electronic Instruments (EIG) and Electromechanical (EMG). EIG is a leader in the design and manufacture of advanced analytical, test and measurement instruments for various industries, including process, aerospace, medical, research, power and industrial markets. EMG is a leader in the design and manufacture of highly engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects. AMETEK's business strategy is based on the AMETEK Growth Model, which focuses on Operational Excellence, Strategic Acquisitions, Global and Market Expansion, and New Product Development. The company's website is www.ametek.com, and its ticker symbol is AME on the New York Stock Exchange.

12 mos ending Dec 31, 201112 mos ending Dec 31, 201212 mos ending Dec 31, 201312 mos ending Dec 31, 201412 mos ending Dec 31, 201512 mos ending Dec 31, 201612 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$2989.91
3334.21
3594.14
4021.96
3974.30
3840.09
4300.17
4845.87
5158.56
4540.03
5546.51
6150.53
6596.95
1597.12
1736.18
6.82%8.71%Cost of Revenue (-)
$
2575.22
2851.43
3186.31
3370.90
2996.51
3633.90
4005.26
4212.48
1022.52
1144.68
11.95%Gross Profit (+)
$
1264.87
1448.74
1659.56
1787.66
1543.51
1912.61
2145.27
2384.47
574.59
591.50
2.94%Selling, General & Administrative (-)
$349.32
380.53
398.18
462.64
448.59
462.97
533.64
584.02
610.28
515.63
603.94
644.58
677.01
169.05
174.28
5.67%3.09%Depreciation & Amortization (-)
$48.87
53.68
57.24
63.72
68.71
Operating Expenses (-)
$2353.97
2588.34
2779.06
3123.38
3066.58
462.97
533.64
584.02
610.28
515.63
603.94
644.58
677.01
169.05
174.28
-9.86%3.09%Costs & Expenses (Total) (-)
$2353.97
2588.34
2779.06
3123.38
3066.58
3038.19
3385.08
3770.33
3981.18
3512.14
4237.84
4649.84
4889.49
1191.58
1318.96
6.28%10.69%Operating Income/Loss (+)
$635.94
745.87
815.08
898.59
907.72
801.90
915.09
1075.54
1177.38
1027.88
1308.67
1500.69
1707.46
405.54
417.22
8.58%2.88%Non-operating Income/Expense (+)
$-9.57
-7.92
-16.71
-13.83
-9.54
-14.49
-20.34
-5.62
-19.15
140.49
-5.12
11.19
-19.25
-5.37
-0.63
88.22%Interest Expense (-)
$69.73
75.47
73.57
79.93
91.80
94.30
98.03
82.18
88.48
86.06
80.38
83.19
81.80
20.57
35.25
1.34%71.39%Earnings before Tax (+)
$556.64
662.48
724.79
804.83
806.38
693.10
796.73
987.75
1069.75
1082.31
1223.17
1428.69
1606.41
379.60
381.33
9.23%0.46%Tax Expense (-)
$172.18
203.34
207.80
220.37
215.52
180.94
115.26
209.81
208.45
209.87
233.12
269.15
293.22
73.89
70.39
4.54%-4.74%Income/Loss (Continuing Operations) (+)
$384.46
459.13
517.00
584.46
590.86
512.16
681.47
777.93
861.30
872.44
990.05
1159.54
1313.19
305.71
310.94
10.78%1.71%Net Income/Loss (+)
$384.46
459.13
517.00
584.46
590.86
512.16
681.47
777.93
861.30
872.44
990.05
1159.54
1313.19
305.71
310.94
10.78%1.71%Net Income/Loss (Common) (+)
$384.46
459.13
517.00
584.46
590.86
512.16
681.47
777.93
861.30
872.44
990.05
1159.54
1313.19
305.71
310.94
10.78%1.71%EPS (Basic)
$2.40
1.90
2.12
2.39
2.46
2.20
2.96
3.37
3.78
3.80
4.29
5.04
5.70
1.33
1.35
7.47%1.50%EPS (Diluted)
$2.37
1.88
2.10
2.37
2.45
2.19
2.94
3.34
3.75
3.77
4.25
5.01
5.67
1.32
1.34
7.54%1.52%Weighted Avg Shares (Basic)
160.25
241.51
243.91
244.88
239.91
232.59
230.23
230.82
227.76
229.44
230.96
230.21
230.52
230.13
231.10
3.08%0.42%Weighted Avg Shares (Diluted)
162.11
243.99
246.06
247.10
241.59
233.73
231.84
232.71
229.40
231.15
232.81
231.54
231.51
231.23
232.03
3.01%0.35%Cash
$170.39
157.98
295.20
377.62
381.00
717.26
646.30
353.98
393.03
1212.82
346.77
345.39
409.80
399.87
373.76
7.59%-6.53%Short-term Investments
$4.56
Receivables
$438.25
507.85
536.70
585.46
603.29
592.33
668.18
732.84
744.76
597.47
829.21
919.34
1012.93
901.51
983.89
7.23%9.14%Inventory
$380.47
428.94
452.85
495.90
514.45
492.10
540.50
624.74
624.57
559.17
769.17
1044.28
1132.47
1117.05
1127.33
9.52%0.92%Other Assets (Current)
$65.45
69.97
84.38
119.63
120.86
126.50
79.67
124.59
263.41
153.00
183.60
219.05
269.46
247.51
290.52
12.52%17.37%Assets (Current)
$1059.12
1164.74
1369.13
1578.60
1619.61
1928.19
1934.65
1836.14
2025.77
2522.47
2128.76
2528.06
2824.67
2665.94
2775.50
8.52%4.11%Securities & Long-term Investments
$
223.69
154.32
180.78
146.28
239.13
256.21
279.79
292.63
375.00
382.48
464.90
393.81
472.89
20.08%Property, Plant & Equipment (Net)
$325.33
383.48
402.79
448.45
484.55
473.23
493.30
554.13
728.59
693.76
787.06
805.94
1121.02
804.66
1097.31
10.86%36.37%Goodwill & Intangibles
$2789.19
3517.97
3882.29
4239.59
4379.59
4552.97
5128.98
6015.80
6810.41
6848.63
8607.35
8714.65
10612.95
8751.62
10519.28
11.78%20.20%Other Assets
$145.85
123.86
Assets (Non-current)
$3260.37
4025.31
4508.77
4842.36
5044.92
5172.48
5861.41
6826.14
7818.79
7835.01
9769.42
9903.06
12198.86
9950.08
12089.48
11.62%21.50%Assets (Total)
$4319.49
5190.06
5877.90
6420.96
6664.53
7100.67
7796.06
8662.29
9844.56
10357.48
11898.19
12431.12
15023.53
12616.02
14864.98
10.95%17.83%Accounts Payable
$488.37
559.32
601.23
649.94
639.10
645.52
830.54
762.60
407.51
399.27
506.16
545.31
586.15
1004.79
603.19
1.53%-39.97%Debt (Current)
$140.51
320.65
273.31
286.20
386.07
278.92
308.12
358.88
497.45
132.28
315.09
226.08
1417.91
70.02
1055.41
21.24%1407.36%Other Liabilities (Current)
$
137.23
520.90
544.37
742.07
792.82
878.50
377.86
843.91
123.34%Liabilities (Current)
$628.88
879.97
874.54
936.14
1025.17
924.44
1138.66
1258.70
1425.86
1075.91
1563.31
1564.20
2882.57
1452.67
2502.51
13.53%72.27%Debt (Non-current)
$1123.42
1133.12
1141.75
1427.83
1556.05
2062.64
1866.17
2273.84
2271.29
2281.44
2229.15
2158.93
1895.43
2175.88
1877.77
4.46%-13.70%Other Liabilities
$514.39
641.81
725.49
817.43
828.69
857.08
763.60
887.83
1031.92
1050.78
1233.84
1231.48
1515.34
1230.35
1516.49
9.42%23.26%Liabilities (Non-current)
$1637.81
1774.94
1867.24
2245.26
2384.73
2919.72
2629.77
3161.66
3303.21
3332.22
3462.99
3390.41
3410.77
3406.23
3394.26
6.30%-0.35%Liabilities (Total)
$2266.68
2654.91
2741.78
3181.40
3409.90
3844.16
3768.43
4420.37
4729.07
4408.14
5026.30
4954.61
6293.34
4858.90
5896.77
8.88%21.36%Treasury Stock
$209.77
211.37
215.94
457.81
885.43
1211.54
1209.13
1570.18
1574.46
1565.27
1573.00
1902.96
1896.61
1895.20
1896.92
20.14%0.09%Retained Earnings
$2101.61
2507.42
2966.01
3469.92
3974.79
4403.68
5002.42
5653.81
6387.61
7094.66
7900.11
8857.49
9940.34
9105.70
10186.62
13.82%11.87%AOCI
$-157.26
-151.33
-65.24
-266.89
-405.63
-542.39
-429.18
-551.09
-533.14
-504.47
-470.44
-574.95
-484.94
-548.45
-510.33
6.95%Shareholder's Equity
$2052.80
2535.15
3136.12
3239.56
3254.63
3256.51
4027.63
4241.92
5115.49
5949.35
6871.88
7476.51
8730.19
7757.13
8968.22
12.82%15.61%Liabilities & Equity
$4319.49
5190.06
5877.90
6420.96
6664.53
7100.67
7796.06
8662.29
9844.56
10357.48
11898.19
12431.12
15023.53
12616.02
14864.98
10.95%17.83%Net Income/Loss
$384.46
459.13
517.00
584.46
590.86
512.16
681.47
777.93
861.30
872.44
990.05
1159.54
1313.19
305.71
310.94
10.78%1.71%Depreciation & Amortization
$86.53
105.47
118.66
138.58
149.46
179.72
183.23
199.49
234.04
255.28
292.11
319.43
337.64
82.38
98.00
12.01%18.96%Increase/Decrease in Working Capital
$-4.23
-24.56
-21.11
33.42
38.80
-51.80
-41.72
-1.44
44.97
-268.37
125.39
266.47
-142.79
-4.88
-0.82
83.29%Share-based Compensation
$16.76
15.09
15.74
14.14
-31.45
15.26
25.09
27.32
40.39
41.56
46.10
47.38
46.20
10.28
8.94
8.82%-13.02%Adjustments to Reconcile Net Income
$124.10
153.33
143.66
141.50
81.68
244.68
151.79
147.59
258.73
418.07
180.68
-1.21
430.78
80.82
99.28
10.93%22.84%Net Cash (Operating)
$508.56
612.46
660.66
725.96
672.54
756.84
833.26
925.52
1114.42
1280.98
1160.46
1149.37
1735.30
386.54
410.23
10.77%6.13%Capital Expenditure
$525.26
805.10
477.63
644.97
425.55
454.70
631.71
1236.88
1164.29
-54.60
2057.89
564.99
2374.16
119.27
27.65
13.40%-76.82%Net Cash (Investing)
$-526.45
-803.73
-460.33
-641.63
-425.56
-452.37
-625.82
-1210.04
-1150.92
61.63
-2055.84
-552.76
-2376.43
-122.16
-21.41
82.47%Increase/Decrease in Debt
$99.07
177.89
-44.93
326.59
244.75
456.50
-279.62
513.40
130.71
-430.95
183.90
-73.69
892.28
-155.50
-363.05
20.10%-133.47%Increase/Decrease in Equity
$-59.34
-4.64
-8.47
-245.28
-435.40
-336.14
-6.87
-337.66
78.46
60.22
45.59
-282.88
43.08
3.92
16.70
326.30%Dividends Paid
$38.37
53.08
58.41
80.55
85.99
83.27
82.73
128.91
127.50
165.03
184.59
202.17
230.33
57.49
64.66
16.11%12.47%Net Cash (Financing)
$31.86
174.54
-70.28
24.14
-216.96
57.05
-329.17
13.04
72.91
-539.44
39.34
-575.70
697.28
-214.97
-417.55
29.33%-94.24%Effect of Exchange Rate
$-6.79
4.32
7.18
-26.06
-26.63
-25.27
50.77
-20.84
2.65
16.62
-10.00
-22.30
8.27
5.08
-7.30
-243.88%Increase/Decrease in Cash
$7.18
-12.41
137.22
82.41
3.39
336.25
-70.96
-292.32
39.05
819.79
-866.05
-1.39
64.42
54.49
-36.04
20.06%-166.14%Cash (Beginning)
$163.21
170.39
157.98
295.20
377.62
381.00
717.26
646.30
353.98
393.03
1212.82
346.77
345.39
345.39
409.80
6.45%18.65%Cash (Ending)
$170.39
157.98
295.20
377.62
381.00
717.26
646.30
353.98
393.03
1212.82
346.77
345.39
409.80
399.87
373.76
7.59%-6.53%NOPAT
$439.23
516.93
581.40
652.54
665.11
592.55
782.71
847.08
947.96
828.57
1059.26
1217.98
1395.79
326.60
340.21
10.11%4.16%Gross Margin %
32.94%
33.69%
34.25%
34.65%
34.00%
34.48%
34.88%
36.14%
35.98%
34.07%
Operating Margin %
21.27%
22.37%
22.68%
22.34%
22.84%
20.88%
21.28%
22.19%
22.82%
22.64%
23.59%
24.40%
25.88%
25.39%
24.03%
NOPAT Margin %
14.69%
15.50%
16.18%
16.22%
16.74%
15.43%
18.20%
17.48%
18.38%
18.25%
19.10%
19.80%
21.16%
20.45%
19.60%
Net Margin %
12.86%
13.77%
14.38%
14.53%
14.87%
13.34%
15.85%
16.05%
16.70%
19.22%
17.85%
18.85%
19.91%
19.14%
17.91%
Tax Rate %
30.93%
30.69%
28.67%
27.38%
26.73%
26.11%
14.47%
21.24%
19.49%
19.39%
19.06%
18.84%
18.25%
19.46%
18.46%
ROA
10.17%
9.96%
9.89%
10.16%
9.98%
8.34%
10.04%
9.78%
9.63%
8.00%
8.90%
9.80%
9.29%
2.59%
2.29%
ROE
21.40%
20.39%
18.54%
20.14%
20.44%
18.20%
19.43%
19.97%
18.53%
13.93%
15.41%
16.29%
15.99%
4.21%
3.79%
ROIC
12.15%
11.65%
11.70%
11.87%
11.62%
10.13%
12.17%
11.37%
10.98%
9.77%
10.12%
11.19%
10.52%
3.10%
2.64%
Asset Turnover
0.69
0.64
0.61
0.63
0.60
0.54
0.55
0.56
0.52
0.44
0.47
0.49
0.44
0.13
0.12
Inventory Turnover
5.23
5.28
5.10
5.40
5.36
4.72
3.84
3.72
0.92
1.02
Equity Multiplier
2.10
2.05
1.87
1.98
2.05
2.18
1.94
2.04
1.92
1.74
1.73
1.66
1.72
1.63
1.66
Current Ratio
1.68
1.32
1.57
1.69
1.58
2.09
1.70
1.46
1.42
2.34
1.36
1.62
0.98
1.84
1.11
Quick Ratio
0.98
0.76
0.95
1.03
0.96
1.42
1.15
0.86
0.80
1.68
0.75
0.81
0.49
0.90
0.54
Debt/Equity Ratio
0.62
0.57
0.45
0.53
0.60
0.72
0.54
0.62
0.54
0.41
0.37
0.32
0.38
0.29
0.33
Working Capital/Sales
0.17
0.16
0.19
0.20
0.22
0.21
0.19
0.18
0.21
0.21
0.19
0.22
0.23
0.62
0.73
Dividend Payout Ratio %
8.73%
10.27%
10.05%
12.34%
12.93%
14.05%
10.57%
15.22%
13.45%
19.92%
17.43%
16.60%
16.50%
17.60%
19.01%
Total Payout
$-1.37
-120.16
111.80
-0.76
276.63
-37.09
369.22
-46.83
-81.67
535.77
-44.89
558.74
-705.03
209.08
411.02
96.58%Payout Ratio %
-0.31%
-23.25%
19.23%
-0.12%
41.59%
-6.26%
47.17%
-5.53%
-8.62%
64.66%
-4.24%
45.87%
-50.51%
64.02%
120.81%