Ametek Inc (AME)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 22.28% | 21.98% | 21.36% | 20.92% | 20.62% | 20.63% | 20.22% | 19.83% | 19.87% | 20.08% | 19.99% | 19.62% | 21.67% | 44.21% | 43.47% | 42.47% | 40.48% | 40.08% | 40.06% | 40.21% |
| Operating profit margin | 26.21% | 25.90% | 25.35% | 25.03% | 24.73% | 24.61% | 24.27% | 23.98% | 23.94% | 24.13% | 24.32% | 24.36% | 22.37% | 21.77% | 21.72% | 21.87% | 23.12% | 22.96% | 22.62% | 22.47% |
| Pretax margin | 24.66% | 24.46% | 24.01% | 23.72% | 23.55% | 23.36% | 22.99% | 22.55% | 22.38% | 22.48% | 22.46% | 22.45% | 23.55% | 22.74% | 22.58% | 22.61% | 21.00% | 20.96% | 20.72% | 20.60% |
| Net profit margin | 20.16% | 19.93% | 19.48% | 19.22% | 19.11% | 19.07% | 18.74% | 18.28% | 18.11% | 18.00% | 18.08% | 18.14% | 18.99% | 18.48% | 18.24% | 18.21% | 16.91% | 16.84% | 16.52% | 16.35% |
Ametek Inc has demonstrated a consistent improvement in profitability ratios over the past eight quarters. The company's gross profit margin has gradually increased from 34.48% in Q1 2022 to 36.14% in Q4 2023, indicating efficient cost management and pricing strategies.
Operating profit margin has also shown a positive trend, rising from 23.64% in Q1 2022 to 25.88% in Q4 2023, reflecting strong operational efficiency and effective control over operating expenses.
Similarly, the pretax margin and net profit margin have both shown an upward trajectory, reaching 24.35% and 19.91% respectively in Q4 2023. This indicates that Ametek Inc is effectively managing its pre-tax earnings and net income relative to its revenue, resulting in improved profitability over time.
Overall, the improving profitability ratios suggest that Ametek Inc is efficiently managing its costs, operations, and tax obligations, leading to sustained growth in profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 11.37% | 12.68% | 12.52% | 12.31% | 12.07% | 12.16% | 11.82% | 11.43% | 11.00% | 10.66% | 10.03% | 10.29% | 9.92% | 9.85% | 10.26% | 10.62% | 11.96% | 12.60% | 12.41% | 12.38% |
| Return on assets (ROA) | 8.74% | 9.76% | 9.62% | 9.45% | 9.33% | 9.42% | 9.13% | 8.71% | 8.32% | 7.96% | 7.46% | 7.67% | 8.42% | 8.36% | 8.62% | 8.84% | 8.75% | 9.24% | 9.07% | 9.01% |
| Return on total capital | 15.89% | 16.17% | 15.63% | 15.67% | 15.69% | 15.95% | 15.64% | 14.97% | 14.32% | 14.09% | 13.58% | 12.96% | 14.20% | 14.54% | 14.44% | 15.52% | 15.68% | 16.16% | 15.85% | 16.00% |
| Return on equity (ROE) | 15.04% | 15.31% | 15.28% | 15.38% | 15.51% | 15.90% | 15.74% | 15.05% | 14.41% | 14.17% | 13.82% | 13.25% | 14.66% | 15.29% | 16.19% | 17.61% | 16.84% | 17.51% | 17.62% | 17.97% |
Ametek Inc's profitability ratios show stable performance over the past eight quarters.
1. Operating return on assets (Operating ROA) has remained relatively consistent, fluctuating between 11.37% and 12.68%. This indicates that the company is efficiently generating operating profits relative to its total assets.
2. Return on assets (ROA) has also been steady, ranging from 8.71% to 9.76%. This ratio reveals the company's ability to generate profits from its assets.
3. Return on total capital has shown a similar trend, with values ranging from 14.18% to 15.81%. This ratio measures how effectively the company is utilizing both debt and equity to generate returns.
4. Return on equity (ROE) has also demonstrated stability, varying from 15.05% to 15.90%. This ratio indicates the profitability of the company from the perspective of common equity shareholders.
Overall, Ametek Inc's profitability ratios exhibit consistent performance, with the company efficiently utilizing its assets and generating satisfactory returns for its shareholders over the analyzed period.