Ametek Inc (AME)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 1,376,120 | 1,313,190 | 1,159,540 | 990,053 | 872,439 |
| Revenue | US$ in thousands | 6,941,180 | 6,596,950 | 6,150,530 | 5,546,510 | 4,540,030 |
| Net profit margin | 19.83% | 19.91% | 18.85% | 17.85% | 19.22% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $1,376,120K ÷ $6,941,180K
= 19.83%
Ametek Inc's net profit margin has demonstrated stability and consistency over the past five years, with figures ranging from 17.85% to 19.91%. The company's ability to generate profit from its revenue streams has remained robust, as evidenced by the consistently high net profit margins. This indicates efficient cost management and effective revenue generation strategies in place.
The slight fluctuations in the net profit margin from year to year are not concerning and could be attributed to various factors such as changing market conditions or strategic business decisions. Overall, the company appears to have a strong profitability position, maintaining levels above 17.85% throughout the period under consideration. This consistent performance in net profit margin reflects positively on the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024