AMETEK Reports Record Q2 2025 Results with Strong Sales Growth and Raised Full-Year Outlook
AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices, reported robust financial results for the second quarter ended June 30, 2025, marking yet another milestone in the company’s consistent performance trajectory. Despite operating amid a sluggish and uncertain economic environment, AMETEK achieved record-level sales and earnings, reinforcing the strength of its diversified business model and operational discipline.
Record Second Quarter Performance
AMETEK posted second-quarter sales of $1.78 billion, a 2.5% increase over the $1.74 billion recorded during the same period in 2024. This achievement represents the company’s highest-ever quarterly sales, driven by strong organic growth and favorable end-market dynamics.
Operating income rose by 3% year-over-year, reaching $461.6 million, while operating margins improved by 20 basis points to 26.0%, underscoring the company’s continued focus on operational efficiency and cost management. This margin expansion reflects strong execution across its business segments, despite ongoing macroeconomic headwinds.
Earnings Growth and Adjusted Results
On a GAAP basis, AMETEK reported earnings per diluted share (EPS) of $1.55 for the second quarter. Adjusted EPS, which excludes non-cash, after-tax acquisition-related intangible amortization of $0.23 per share, came in at $1.78, representing a 7% increase over the second quarter of 2024.
The company provided a reconciliation of GAAP to non-GAAP results in the financial tables included with its earnings release, available on AMETEK’s investor relations website. The adjusted results offer a clearer picture of the company’s core operational performance, particularly important during periods of acquisition-related integration and amortization.
CEO Commentary
David A. Zapico, Chairman and Chief Executive Officer of AMETEK, expressed his satisfaction with the company’s performance:
“I was pleased with our results in the quarter as we delivered record sales and EBITDA, strong earnings growth, and excellent core margin expansion against the backdrop of a sluggish and uncertain economic environment,” said Mr. Zapico. “Our flexible operating model and global footprint, along with the outstanding contributions from our colleagues, allowed us to react to changing market conditions and deliver excellent operating results.”
Zapico’s comments highlight the effectiveness of AMETEK’s strategy, which combines disciplined operational execution, robust cash flow management, and strategic acquisitions to create long-term shareholder value.
Segment Highlights
Electronic Instruments Group (EIG)
AMETEK’s Electronic Instruments Group (EIG), which provides advanced analytical, monitoring, testing, and calibration instruments, recorded $1.16 billion in sales for the quarter, a modest increase of 1% compared to the same period in 2024.
Operating income for the segment stood at $344.4 million, with operating margins remaining strong at 29.7%, reflecting both pricing discipline and ongoing cost controls.
“EIG delivered solid performance in the quarter with strong operational execution,” noted Mr. Zapico. “We continue to see customer uncertainty and slower decision making given the global trade challenges. However, our pipeline of project activity remains strong across our diverse set of attractive markets.”
Despite the soft macroeconomic backdrop, EIG remains resilient due to its diversified customer base and strong project pipeline across life sciences, aerospace, and industrial automation markets.
Electromechanical Group (EMG)
The Electromechanical Group (EMG), which specializes in electrical interconnects, motors, and precision motion control solutions, delivered standout results in the second quarter. EMG recorded $618.5 million in sales, marking a 6% increase over the same period in 2024.
Operating income for EMG rose an impressive 17% to a record $143.9 million, with operating margins expanding 210 basis points to 23.3%, indicating a sharp improvement in productivity and operating leverage.
“EMG had an excellent quarter highlighted by strong organic sales and orders growth, record-level operating income and robust margin expansion,” added Mr. Zapico. “We are very pleased with EMG’s execution and its ability to capitalize on improving demand across attractive end markets.”
EMG’s performance reflects the ongoing recovery in key industrial markets and successful internal initiatives aimed at streamlining operations and enhancing cost competitiveness.
Guidance Raised for Full Year 2025
Given the strong performance in the first half of 2025 and improved visibility for the remainder of the year, AMETEK has raised its full-year earnings guidance. While specific updated figures were not disclosed in the summary release, the increase in guidance reflects management’s confidence in the company’s business fundamentals and the sustained demand across its end markets.
AMETEK continues to benefit from a strong balance sheet, disciplined capital allocation, and its proven ability to generate significant free cash flow. These financial strengths allow the company to pursue strategic investments, including bolt-on acquisitions, while maintaining flexibility and shareholder returns.
