AMETEK(AME) - 2025 Q1 - Quarterly Report

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$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$0.31 per share effective February 7, 2025[119]