Ametek (AME) Tops Q4 EPS by 7c
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AMETEK Announces Record Fourth Quarter and Full Year Results
February 3, 2022 6:55 AM ESTBERWYN, Pa., Feb. 3, 2022 /PRNewswire/ --Â AMETEK, Inc. (NYSE: AME) today announced its financial results for the fourth quarter ended December 31, 2021.
AMETEK's fourth quarter 2021 sales were a record $1.50 billion, a 25% increase compared to the fourth quarter of 2020. Operating income in the quarter was a record $361.2 million, up 21% versus last year's fourth quarter, and operating margins were 24.0% in the quarter.
On a GAAP basis, fourth quarter earnings per diluted share were $1.21. Adjusted earnings in the quarter were a record $1.37 per diluted share, up 27% from the fourth quarter of 2020. Adjusted earnings adds back non-cash,... More
