AME Q2 2023 Earnings — AMETEK, Inc. Revenue & Financial Results | Market Cap Arena

AMEAMETEK, Inc.

$52B

Q2 2023 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.6B+8.7% YoY

Gross Profit

$593M36.0% margin

Operating Income

$419M25.4% margin

Net Income

$324M19.7% margin

EPS (Diluted)

$1.40

QoQ Revenue Growth

+3.1%

Cash Flow

Operating Cash Flow

$335M

Free Cash Flow

$307M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$12.8B

Total Liabilities

$4.8B

Stockholders' Equity

$8.1B

Cash & Equivalents

$606M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+8.7%
Gross Profit	$593M	$526M	+12.6%
Operating Income	$419M	$365M	+14.8%
Net Income	$324M	$282M	+14.8%

Revenue Segments

Electronic Instruments Group

$1.1B69%

Electromechanical Group

$511M31%

Geographic Segments

United States

$860M52%

Asia

$343M21%

European Union countries

$242M15%

Other foreign countries

$150M9%

United Kingdom

$52M3%