#USA #Berwyn #AMETEK #Q2 Earnings #FARO Technologies

AMETEK Reports Record Financial Results for Second Quarter of 2025

Berwyn, PA — July 31, 2025
AMETEK, Inc. (NYSE: AME) has announced remarkable financial figures for the second quarter of 2025, concluding on June 30th. The company achieved unprecedented sales of $1.78 billion, representing a 2.5% growth compared to the same quarter last year. Additionally, operating income climbed to $461.6 million, reflecting a 3% increase and an impressive operating margin improvement of 20 basis points to 26.0%.

In line with these outstanding results, earnings per diluted share for Q2 stood at $1.55 on a GAAP basis, while adjusted earnings rose to $1.78 per diluted share, up 7% from the prior year. This adjustment accounts for non-cash after-tax charges related to intangible amortization, amounting to $0.23 per diluted share. More in-depth details regarding the reconciliation of reported GAAP to adjusted figures can be found on AMETEK's website.

David A. Zapico, AMETEK's Chairman and CEO, expressed satisfaction with the company's performance, stating, "Despite facing a sluggish and uncertain economic backdrop, we delivered record sales and EBITDA, alongside robust earnings growth and core margin expansion." He attributed this success to AMETEK's flexible operational model and global reach, enabling the company to adapt effectively to market fluctuations.

Segment Performance Overview

Electronic Instruments Group (EIG)

The sales for the Electronic Instruments Group were $1.16 billion, marking a 1% increase from the same period in 2024. Operating income reached $344.4 million, achieving a strong operating margin of 29.7%.

Zapico commented, "EIG showcased impressive performance with solid operational execution, although we are witnessing some customer hesitation and slower decision-making due to ongoing global trade challenges. Nevertheless, our project pipeline remains robust across a variety of compelling markets."

Electromechanical Group (EMG)

Conversely, the Electromechanical Group reported record sales of $618.5 million, a noteworthy 6% surge from Q2 2024. Moreover, EMG's operating income soared 17% to reach $143.9 million, with an operating income margin enhancement of 210 basis points to 23.3%.

Zapico remarked, "EMG's sterling quarter was characterized by strong organic sales and order growth, substantial operating income, and impressive margin uplifts."

Outlook for 2025

Looking ahead, AMETEK remains optimistic about its performance for the rest of the year. "Our operational results have been commendable despite lingering trade uncertainties," Zapico noted. With a strong balance sheet and ample cash generation, AMETEK is positioned to pursue strategic acquisitions and growth initiatives. Recently, the company announced its acquisition of FARO Technologies, further expanding its capabilities.

As a result of the strong Q2 performance and ongoing acquisition strategy, AMETEK has adjusted its full-year earnings guidance upwards. The company now anticipates overall sales growth in the mid-single digits for 2025 compared to 2024. Adjusted earnings per diluted share are projected to fall between $7.06 and $7.20, representing a 3% to 5% increase over last year's similar values, up from a previous forecast of $7.02 - $7.18.

In an optimistic tone for the upcoming quarter, he added, "For Q3 2025, we expect overall sales to increase in the mid-single digits percentage-wise versus the same quarter last year, with adjusted earnings anticipated to range from $1.72 to $1.76, signifying a 4% to 6% rise compared to Q3 2024."

Conference Call Announcement

AMETEK will host a webcast for its Q2 2025 investor conference call on Thursday, July 31, 2025, at 8:30 AM ET. The live audio webcast will be available online and subsequently archived in the Investors section of AMETEK's official website.

About AMETEK

Founded in 1930 and publicly traded for over 90 years, AMETEK (NYSE: AME) stands as a prominent global provider of industrial technology solutions, catering to diverse niche markets with approximately $7.5 billion in annual sales. The company continually strives for double-digit earnings growth and superior returns on capital through its integrated growth strategies emphasizing operational excellence, technological innovation, global market expansion, and strategic acquisitions. Those interested may find more details at AMETEK's website.

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Forward-Looking Statements

The information presented in this release regarding future events, including AMETEK's anticipated performance, comprises forward-looking statements subject to uncertainties and risks that may lead to variations from those projected. These factors include the potential challenges associated with acquisitions, international sales, product developments, government compliance, and overall economic conditions. A thorough discussion of these factors is available in AMETEK's SEC filings, including Forms 10-K, 10-Q, and 8-K. AMETEK does not undertake to update any forward-looking statements.