AMETEK(AME)

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AMETEK(AME) - 2025 Q1 - Quarterly Report
2025-05-01 18:41
Financial Performance - For Q1 2025, net sales were $1,732.0 million, a decrease of $4.2 million or 0.2% compared to Q1 2024[99] - International sales for Q1 2025 were $804.4 million, representing 46.4% of net sales, a decrease of $19.0 million or 2.3% from Q1 2024[100] - Orders for Q1 2025 increased to $1,797.8 million, up $135.1 million or 8.1% compared to Q1 2024, driven by a 3% organic order increase[101] - Segment operating income for Q1 2025 was $482.8 million, an increase of $39.2 million or 8.8% compared to Q1 2024, with operating margins rising to 27.9%[103] - Consolidated operating income for Q1 2025 was $454.8 million, an increase of $37.6 million or 9.0% compared to Q1 2024, with operating margins at 26.3%[105] - Net income for Q1 2025 was $351.8 million, an increase of $40.9 million or 13.1% compared to Q1 2024[107] Cash Flow and Investments - Free cash flow for Q1 2025 was $394.5 million, compared to $382.6 million for Q1 2024, with EBITDA at $558.5 million[114] - Cash used by investing activities totaled $125.7 million in Q1 2025, significantly higher than $21.4 million in Q1 2024, primarily due to the acquisition of Kern Microtechnik[115] Debt and Dividends - The debt-to-capital ratio was 16.2% at March 31, 2025, down from 17.7% at December 31, 2024[118] - The Company approved an 11% increase in the quarterly cash dividend to $0.31 per share effective February 7, 2025[119]
AMETEK Q1 Earnings Surpass Expectations, Revenues Decline Y/Y
ZACKS· 2025-05-01 15:55
AMETEK, Inc. (AME) reported first-quarter 2025 non-GAAP earnings of $1.75 per share, beating the Zacks Consensus Estimate by 3.6%. The figure increased 7% year over year.AMETEK’s top line of $1.73 billion missed the Zacks Consensus Estimate by 0.51%. The figure decreased 0.2% year over year.The company experienced declining sales in its largest EIG segment, partially offset by the year-over-year improvement in the EMG segment. The stock gained 3.8% in the past year, outperforming the Zacks Electronics - Tes ...
AMETEK(AME) - 2025 Q1 - Quarterly Results
2025-05-01 15:24
Financial Performance - AMETEK's Q1 2025 sales were $1.73 billion, consistent with Q1 2024 sales[2] - Operating income increased by 2% to $454.8 million, with operating margins up 60 basis points to 26.3% compared to the prior year[2][3] - Adjusted earnings per diluted share were $1.75, reflecting a 7% increase from Q1 2024[3] - The company reported a net income of $351.8 million for Q1 2025, compared to $310.9 million in Q1 2024[14] Segment Performance - Electronic Instruments Group (EIG) sales were $1.14 billion, down 1% from the previous year, while operating income margins improved to 31.0%[5] - Electromechanical Group (EMG) achieved record sales of $588.3 million, up 2% from Q1 2024, with operating income margins rising to 21.9%[7] Future Outlook - AMETEK expects overall sales for 2025 to increase by low single digits compared to 2024, with adjusted earnings per diluted share projected between $7.02 and $7.18, a 3% to 5% increase[8] Cash Flow and Assets - Free cash flow conversion was 112% in Q1 2025, down from 123% in Q1 2024[21] - Total assets as of March 31, 2025, were $14.88 billion, an increase from $14.63 billion at the end of 2024[19] Growth Strategy - AMETEK's growth model focuses on operational excellence, technology innovation, global market expansion, and strategic acquisitions[10]
Compared to Estimates, Ametek (AME) Q1 Earnings: A Look at Key Metrics
ZACKS· 2025-05-01 14:36
For the quarter ended March 2025, Ametek (AME) reported revenue of $1.73 billion, down 0.2% over the same period last year. EPS came in at $1.75, compared to $1.64 in the year-ago quarter.The reported revenue represents a surprise of -0.51% over the Zacks Consensus Estimate of $1.74 billion. With the consensus EPS estimate being $1.69, the EPS surprise was +3.55%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next ...
AMETEK(AME) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:30
AMETEK (AME) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Speaker0 and welcome to the First Quarter twenty twenty five AMETEK Earnings Conference Call. At this time, all participants are in a listen only mode. After the speaker presentation, there will be a question and answer session. Please be advised that today's conference is being recorded. It is now my pleasure to introduce Vice President of Investor Relations and Treasurer, Kevin Coleman. Speaker1 Thank you, Andrew. Good morning, and welcome to AME ...
AMETEK(AME) - 2025 Q1 - Earnings Call Transcript
2025-05-01 12:30
AMETEK (AME) Q1 2025 Earnings Call May 01, 2025 08:30 AM ET Company Participants Kevin Coleman - VP of Investor Relations & TreasurerDavid Zapico - Chairman and CEODalip Puri - Executive VP & CFODeane Dray - Managing DirectorJamie Cook - Managing Director - Equity ResearchJeffrey Sprague - Founder and Managing PartnerAndrew Obin - Managing Director - Equity ResearchBrett Linzey - Executive DirectorRob Wertheimer - Director of ResearchJoseph Giordano - Managing Director Conference Call Participants Matthew S ...
AMETEK Announces First Quarter Results
Prnewswire· 2025-05-01 10:55
BERWYN, Pa., May 1, 2025 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2025.AMETEK's first quarter 2025 sales were $1.73 billion, in-line with the first quarter of 2024 sales. Operating income increased 2% to $454.8 million, and operating margins were up 60 basis points to 26.3%, both versus prior year's adjusted results. Free cash flow to net income conversion was 112% in the quarter.On a GAAP basis, first quarter earnings per diluted s ...
Countdown to Ametek (AME) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
ZACKS· 2025-04-29 14:21
Analysts on Wall Street project that Ametek (AME) will announce quarterly earnings of $1.69 per share in its forthcoming report, representing an increase of 3.1% year over year. Revenues are projected to reach $1.74 billion, increasing 0.3% from the same quarter last year.Over the last 30 days, there has been an upward revision of 0.1% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial forecasts over ...
Ametek (AME) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2025-04-24 15:07
Core Viewpoint - Wall Street anticipates a year-over-year increase in earnings for Ametek, with a focus on how actual results compare to estimates, which could significantly impact stock price [1][2]. Company Summary - Ametek is expected to report quarterly earnings of $1.69 per share, reflecting a year-over-year increase of +3.1% [3]. - Revenues are projected to be $1.74 billion, indicating a slight increase of 0.3% from the previous year [3]. - The consensus EPS estimate has been revised 0.14% higher in the last 30 days, suggesting a positive reassessment by analysts [4]. Earnings Prediction Insights - The Zacks Earnings ESP model indicates that Ametek has a positive Earnings ESP of +0.51%, suggesting analysts are optimistic about the company's earnings prospects [10][11]. - However, Ametek currently holds a Zacks Rank of 4, which complicates the prediction of an earnings beat [11]. - Historically, Ametek has beaten consensus EPS estimates in the last four quarters, with a surprise of +1.63% in the most recent quarter [12][13]. Industry Context - Cognex Corporation, another player in the electronics-testing equipment industry, is expected to report earnings of $0.13 per share, representing a year-over-year increase of +18.2% [17]. - Cognex's revenues are anticipated to decline by 3.1% to $204.35 million [17]. - The consensus EPS estimate for Cognex has been revised down by 7.1% in the last 30 days, resulting in a negative Earnings ESP of -6.72% [18].
AMETEK Announces First Quarter 2025 Earnings Call and Webcasted Investor Conference Call Information
Prnewswire· 2025-04-17 12:30
- Earnings to be released before market opens on Thursday, May 1, 2025 - BERWYN, Pa., April 17, 2025 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) will issue its first quarter 2025 earnings release before the market opens on Thursday, May 1, 2025. AMETEK will webcast its first quarter 2025 investor conference call on Thursday, May 1, 2025, beginning at 8:30 AM ET. The live audio webcast can be accessed by clicking on the Events & Presentations link in the "Investors" section of www.ametek.com. A replay of the ca ...