Ametek income statement
In fiscal 2025, Ametek reported revenue of $7.40bn, up 6.6% on the year before, operating income of $1.91bn (a 25.8% margin) and net income of $1.48bn, or $6.40 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMSept 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,098 | 2,471 | 2,990 | 3,334 | 3,594 | 4,022 | 3,974 | 3,840 | 4,300 | 4,846 | 5,159 | 4,540 | 5,547 | 6,151 | 6,597 | 6,941 | 7,401 | 8,192 |
| Cost of revenue | — | — | — | — | — | — | — | 2,585 | 2,861 | 3,186 | 3,371 | 2,997 | 3,634 | 4,005 | 4,212 | 4,465 | 4,734 | 5,208 |
| Gross profit | — | — | — | — | — | — | — | 1,255 | 1,439 | 1,660 | 1,788 | 1,544 | 1,913 | 2,145 | 2,384 | 2,476 | 2,667 | 2,983 |
| Research and development | 51 | 57 | 78 | 85 | 94 | 119 | 116 | 112 | 130 | 141 | 162 | 159 | 194 | 199 | 221 | 237 | 236 | — |
| Selling, general and administrative | 254 | 296 | 349 | 381 | 398 | 463 | 449 | 464 | 535 | 584 | 610 | 516 | 604 | 645 | 677 | 697 | 757 | 850 |
| Operating income | 366 | 482 | 636 | 746 | 815 | 899 | 908 | 791 | 904 | 1,076 | 1,177 | 1,028 | 1,309 | 1,501 | 1,707 | 1,780 | 1,910 | 2,134 |
| Interest expense | 69 | 68 | 70 | 75 | 74 | 80 | 92 | 94 | 98 | 82 | 88 | 86 | 80 | 83 | 82 | 113 | 81 | 114 |
| Income before tax | 295 | 406 | 557 | 662 | 725 | 805 | 806 | 693 | 797 | 988 | 1,070 | 1,082 | 1,223 | 1,429 | 1,606 | 1,662 | 1,798 | 1,981 |
| Income tax | 89 | 122 | 172 | 203 | 208 | 220 | 216 | 181 | 115 | 210 | 208 | 210 | 233 | 269 | 293 | 285 | 318 | 350 |
| Net income | 206 | 284 | 384 | 459 | 517 | 584 | 591 | 512 | 681 | 778 | 861 | 872 | 990 | 1,160 | 1,313 | 1,376 | 1,480 | 1,631 |
| Diluted EPS | $0.85 | $1.18 | $1.58 | $1.88 | $2.10 | $2.37 | $2.45 | $2.19 | $2.94 | $3.34 | $3.75 | $3.77 | $4.25 | $5.01 | $5.67 | $5.93 | $6.40 | $7.09 |
| Diluted shares (average) | 243m | 241m | 243m | 244m | 246m | 247m | 242m | 234m | 232m | 233m | 229m | 231m | 233m | 232m | 232m | 232m | 231m | 230m |
| EBITDA | 432 | 555 | 722 | 851 | 934 | 1,037 | 1,057 | 971 | 1,087 | 1,275 | 1,411 | 1,283 | 1,601 | 1,820 | 2,045 | 2,162 | 2,333 | 2,566 |
| Quarter | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 | 2026 Q3Sept 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,762 | 1,732 | 1,778 | 1,893 | 1,998 | 1,928 | 2,044 | 2,220 |
| Cost of revenue | 1,117 | 1,107 | 1,142 | 1,207 | 1,278 | 1,211 | 1,309 | 1,410 |
| Gross profit | 645 | 625 | 636 | 686 | 720 | 718 | 735 | 810 |
| Selling, general and administrative | 176 | 170 | 174 | 198 | 215 | 203 | 207 | 225 |
| Operating income | 469 | 455 | 462 | 488 | 505 | 515 | 528 | 585 |
| Interest expense | 22 | 19 | 17 | 23 | 23 | 21 | 30 | 40 |
| Income before tax | 444 | 434 | 442 | 448 | 474 | 493 | 492 | 522 |
| Income tax | 57 | 82 | 84 | 77 | 75 | 94 | 85 | 96 |
| Net income | 387 | 352 | 358 | 371 | 399 | 399 | 407 | 426 |
| Diluted EPS | $1.67 | $1.52 | $1.55 | $1.60 | $1.73 | $1.74 | $1.77 | $1.85 |
| EBITDA | 565 | 561 | 569 | 591 | 611 | 620 | 634 | 701 |
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