AMETEK, Inc.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $7.40B | $6.94B | $6.60B | $6.15B | $5.55B | $4.54B | $5.16B | $4.85B |
| EIG | $4.92B | $4.66B | $4.62B | $4.23B | $3.76B | $2.99B | $3.32B | $3.03B |
| EMG | $2.48B | $2.28B | $1.97B | $1.92B | $1.78B | $1.55B | $1.84B | $1.82B |
| Cost of Revenue | $4.73B | $4.46B | $4.21B | $4.01B | $3.63B | $3.00B | $3.37B | $3.19B |
| Gross Profit | $2.67B | $2.48B | $2.38B | $2.15B | $1.91B | $1.54B | $1.79B | $1.66B |
| Gross Margin | 36.0% | 35.7% | 36.1% | 34.9% | 34.5% | 34.0% | 34.7% | 34.2% |
| Operating Expenses | ||||||||
| Research & Development | $236.1M | $236.6M | $220.8M | $198.8M | $194.2M | $158.9M | $161.9M | $141.0M |
| SG&A Expense | $757.1M | $696.9M | $677.0M | $644.6M | $603.9M | $515.6M | $610.3M | $584.0M |
| Operating Income | $1.91B | $1.78B | $1.71B | $1.50B | $1.31B | $1.03B | $1.18B | $1.08B |
| Operating Margin | 25.8% | 25.6% | 25.9% | 24.4% | 23.6% | 22.6% | 22.8% | 22.2% |
| Interest Expense | — | — | $81.8M | $83.2M | $80.4M | $86.1M | $88.5M | $82.2M |
| Pretax Income | $1.80B | $1.66B | $1.61B | $1.43B | $1.22B | $1.08B | $1.07B | $987.7M |
| Income Tax Expense | $318.2M | $285.4M | $293.2M | $269.2M | $233.1M | $209.9M | $208.5M | $209.8M |
| Net Income | $1.48B | $1.38B | $1.31B | $1.16B | $990.1M | $872.4M | $861.3M | $777.9M |
| Net Margin | 20.0% | 19.8% | 19.9% | 18.9% | 17.9% | 19.2% | 16.7% | 16.1% |
| EPS (Basic) | $6.42 | $5.95 | $5.70 | $5.04 | $4.29 | $3.80 | $3.78 | $3.37 |
| EPS (Diluted) | $6.40 | $5.93 | $5.67 | $5.01 | $4.25 | $3.77 | $3.75 | $3.34 |
| Shares Outstanding (Basic) | 230.5M | 231.3M | 230.5M | 230.2M | 231.0M | 229.4M | 227.8M | 230.8M |
| Shares Outstanding (Diluted) | 231.3M | 232.2M | 231.5M | 231.5M | 232.8M | 231.2M | 229.4M | 232.7M |
| Dividends Per Share | — | — | — | — | — | — | $0.56 | $0.56 |