AMETEK reports record Q4 sales $1.50B, adj EPS $1.37, +27% YoY; guides FY22 EPS $5.30-$5.42

AMETEK INC/

2021-FY EPS reported $4.25 revenue$5,546,514,000

Q4 sales $1.50B (record, +25% YoY); GAAP EPS $1.21; adj EPS $1.37 (record, +27% YoY).
Full-year 2021 sales $5.55B (record, +22% YoY); adj EPS $4.85 (record, +23% vs $3.95).
EIG Q4 sales $1.06B (+29%), op margins 26.4%; EMG Q4 sales $446.7M (+18%), op margins 23.6% (+260 bps).
FY22 guidance: sales +10%, adj EPS $5.30-$5.42 (+9-12%); Q1 adj EPS $1.24-$1.28 (+16-20%).
Backlog at record level; CEO cites strong demand and successful navigation of supply chain challenges.

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