AMETEK Q4 2022 Earnings Report
Key Takeaways
AMETEK announced record fourth-quarter results, with sales reaching $1.63 billion, an 8% increase year-over-year, and adjusted earnings per share of $1.52, up 11% from the previous year. The company's strong performance was driven by broad-based sales growth and exceptional operating performance.
Record fourth-quarter sales of $1.63 billion, an 8% increase year-over-year.
Operating income increased 10% to a record $398 million.
Adjusted earnings per share reached a record $1.52, up 11% year-over-year.
Ended the year with a record backlog of $3.2 billion.
AMETEK
AMETEK
AMETEK Revenue by Segment
Forward Guidance
For 2023, AMETEK expects overall sales to be up mid-single digits compared to 2022. Adjusted earnings per diluted share are expected to be in the range of $5.84 to $6.00, an increase of 3% to 6% over the comparable basis for 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income