AME Q2 2024 Earnings — AMETEK, Inc. Revenue & Financial Results | Market Cap Arena

AMEAMETEK, Inc.

$52B

Q2 2024 Earnings

Industrials Industrial - Machinery

Income Statement

Revenue

$1.7B+5.4% YoY

Gross Profit

$624M36.0% margin

Operating Income

$448M25.8% margin

Net Income

$338M19.5% margin

EPS (Diluted)

$1.45

QoQ Revenue Growth

-0.1%

Cash Flow

Operating Cash Flow

$381M

Free Cash Flow

$360M

Stock-Based Comp.

$13M

Balance Sheet

Total Assets

$14.8B

Total Liabilities

$5.5B

Stockholders' Equity

$9.3B

Cash & Equivalents

$397M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.7B	$1.6B	+5.4%
Gross Profit	$624M	$593M	+5.3%
Operating Income	$448M	$419M	+6.9%
Net Income	$338M	$324M	+4.1%

Revenue Segments

Electronic Instruments Group

$1.2B66%

Electromechanical Group

$581M34%

Geographic Segments

United States

$945M54%

Asia

$338M20%

European Union countries

$235M14%

Other foreign countries

$153M9%

United Kingdom

$64M4%