Ametek Inc (AME)

Gross profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Gross profit (ttm)	US$ in thousands	2,476,467	2,446,753	2,432,860	2,401,372	2,384,465	2,331,440	2,276,713	2,210,169	2,145,269	2,104,610	2,048,699	1,995,956	1,912,614	1,820,242	1,723,200	1,592,293	1,543,514	1,561,181	1,620,315	1,728,847
Revenue (ttm)	US$ in thousands	6,941,170	6,910,450	6,824,730	6,736,010	6,596,950	6,491,740	6,420,690	6,289,130	6,150,530	6,028,600	5,917,490	5,789,290	5,546,510	5,241,720	4,927,980	4,553,550	4,540,030	4,645,900	4,795,590	5,073,080
Gross profit margin		35.68%	35.41%	35.65%	35.65%	36.14%	35.91%	35.46%	35.14%	34.88%	34.91%	34.62%	34.48%	34.48%	34.73%	34.97%	34.97%	34.00%	33.60%	33.79%	34.08%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $2,476,467K ÷ $6,941,170K
= 35.68%

The gross profit margin of Ametek Inc has shown a generally upward trend over the period from March 31, 2020, to December 31, 2024. The margin increased from 34.08% in March 2020 to 36.14% in December 2023. This indicates that the company was able to effectively control its cost of goods sold and increase its gross profit relative to its revenue during this period.

However, there was a slight dip in the gross profit margin to 35.41% on September 30, 2024, before recovering to 35.68% by December 31, 2024. This could suggest temporary challenges in managing production costs or pricing pressures.

Overall, the gross profit margin of Ametek Inc has remained relatively healthy and stable above the 30% mark, indicating the company's ability to generate profits from its core operations. Investors and stakeholders may view this as a positive sign of the company's operational efficiency and profitability.