AMETEK (AME) Revenue — Quarter Ended Dec 31, 2023
Revenue increased in the current quarter compared to the prior quarter. The growth rate was similar to the same quarter one year earlier.
Key takeaway
Quarter ended Dec 31, 2023 · FY2024 Q4
Revenue increased in the current quarter compared to the prior quarter. The growth rate was similar to the same quarter one year earlier.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.7B
Revenue reported for this quarter.
Quarter-over-quarter
+6.7%
Change from the immediately preceding quarter.
Year-over-year
+6.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2023 | $1.6B | +9.5% |
| Jun 30, 2023 | $1.6B | +8.7% |
| Sep 30, 2023 | $1.6B | +4.6% |
| Dec 31, 2023 | $1.7B | +6.5% |
Revenue performance
The reported revenue rose from the immediately preceding quarter, continuing an upward trend seen throughout the trailing twelve months.
Quarterly comparison
Compared with the same quarter one year earlier, revenue also increased, with the pace of growth remaining consistent. The sequential and year-over-year changes were both positive.
What to watch
The filing context highlights improved working capital management and higher net income as drivers of operating cash flow, but no direct causal link to revenue is provided.