Ametek Inc (AME)
Operating profit margin
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Operating income | US$ in thousands | 1,779,560 | 1,707,460 | 1,500,690 | 1,308,670 | 1,027,880 |
Revenue | US$ in thousands | 6,941,180 | 6,596,950 | 6,150,530 | 5,546,510 | 4,540,030 |
Operating profit margin | 25.64% | 25.88% | 24.40% | 23.59% | 22.64% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,779,560K ÷ $6,941,180K
= 25.64%
Ametek Inc's operating profit margin has shown a positive trend over the last five years. Starting at 22.64% on December 31, 2020, the margin increased to 25.64% by December 31, 2024. This indicates that the company's ability to generate profits from its core operations has improved steadily over the period. The rising operating profit margin suggests that Ametek Inc has managed its operating expenses effectively while increasing its revenues, resulting in higher profitability. Overall, the improving trend in operating profit margin reflects the company's operational efficiency and financial strength.
Peer comparison
Dec 31, 2024