AMETEK(AME) - 2025 Q1 - Quarterly Results

Financial Performance - AMETEK's Q1 2025 sales were $1.73 billion, consistent with Q1 2024 sales[2] - Operating income increased by 2% to$ 454.8 million, with operating margins up 60 basis points to 26.3% compared to the prior year[2][3] - Adjusted earnings per diluted share were $1.75, reflecting a 7% increase from Q1 2024[3] - The company reported a net income of$ 351.8 million for Q1 2025, compared to $310.9 million in Q1 2024[14] Segment Performance - Electronic Instruments Group (EIG) sales were$ 1.14 billion, down 1% from the previous year, while operating income margins improved to 31.0%[5] - Electromechanical Group (EMG) achieved record sales of $588.3 million, up 2% from Q1 2024, with operating income margins rising to 21.9%[7] Future Outlook - AMETEK expects overall sales for 2025 to increase by low single digits compared to 2024, with adjusted earnings per diluted share projected between$ 7.02 and $7.18, a 3% to 5% increase[8] Cash Flow and Assets - Free cash flow conversion was 112% in Q1 2025, down from 123% in Q1 2024[21] - Total assets as of March 31, 2025, were$ 14.88 billion, an increase from $14.63 billion at the end of 2024[19] Growth Strategy - AMETEK's growth model focuses on operational excellence, technology innovation, global market expansion, and strategic acquisitions[10]