earnings
confidence high
sentiment positive
materiality 0.75
AMETEK posts record Q4 sales $1.76B, adj. EPS $1.87 up 11%; acquires Kern Microtechnik
AMETEK INC/
2024-FY EPS reported
$5.93
revenue$6,941,180,000
- Record Q4 sales $1.76B (+2% YoY), op. income $469M (26.6% margin, +90bp), op. cash flow $550M.
- GAAP Q4 EPS $1.67; adjusted EPS $1.87 (+11% YoY); full-year adj. EPS $6.83 (+7%).
- EIG op. income record $386.6M, margins 31.8% (+280bp); EMG sales up 11% to $546.7M.
- FY2025 guidance: sales up low single digits; adj. EPS $7.02-$7.18 (+3-5% YoY); Q1 adj. EPS $1.67-$1.69.
- Acquired Kern Microtechnik (~€50M sales), high-precision machining, joins EIG; terms not disclosed.