The chart below shows how AME performed 10 days before and after its earnings report, based on data from the past quarters. Typically, AME sees a -0.12% change in stock price 10 days leading up to the earnings, and a +3.33% change 10 days following the report. On the earnings day itself, the stock moves by -0.15%. This data can give you a slight idea of what to expect for the next quarter's release.
Positive
Record Q4 Sales Growth: Record sales of $1,760,000,000 in Q4 2024, a 2% increase from Q4 2023, with a strong backlog of $340,000,000.
Record Operating Income Growth: Operating income reached a record $469,000,000, reflecting a 5% increase year-over-year, with operating margins improving to 26.6%.
Record EBITDA Growth: EBITDA for the quarter was a record $561,000,000, up 7% from the previous year, resulting in impressive EBITDA margins of 31.9%.
Record Diluted Earnings Per Share: Diluted earnings per share were a record $1.87, an 11% increase compared to the prior year, exceeding the guidance range of $1.81 to $1.86.
Record Free Cash Flow: Free cash flow reached a record $498,000,000 in Q4 2024, up 4% year-over-year, with a free cash flow to net income conversion rate of 129%.
Negative
Q4 Sales Performance: Sales for Q4 2024 were $1,760,000,000, reflecting only a 2% increase from the same period in 2023, with organic sales down 3%.
Sales Decline Report: The Electronic Instruments Group (EIG) reported sales of $1,210,000,000, down 2% from the previous year, with organic sales also down 3%.
Sales Decline Analysis: The Electromechanical Group (EMG) experienced a decline in organic sales of 4%, with overall sales down 5% compared to the prior year, indicating ongoing challenges in OEM exposed businesses.
Rising Administrative Expenses: General and administrative expenses increased by $250,000,000 in Q4 2024 compared to the prior year, contributing to a rise in operational costs.
Sales and Earnings Outlook: For 2025, AMETEK anticipates overall sales to be roughly flat versus the prior year, with adjusted earnings expected to be only $1.67 to $1.69 per share, indicating limited growth prospects.
Earnings call transcript: AMETEK Q4 2024 sees record sales, EPS beat
AME.N
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