AMETEK (AME) Revenue — Quarter Ended Jun 30, 2024
Revenue decreased slightly from the prior quarter. Compared with the same quarter last year, revenue improved.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue decreased slightly from the prior quarter. Compared with the same quarter last year, revenue improved.
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
-0.1%
Change from the immediately preceding quarter.
Year-over-year
+5.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$6.8B
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 |
|---|---|---|
| Sep 30, 2023 | $1.6B | +4.6% |
| Dec 31, 2023 | $1.7B | +6.5% |
| Mar 31, 2024 | $1.7B | +8.7% |
| Jun 30, 2024 | $1.7B | +5.4% |
Revenue performance
The reported revenue direction shows a modest sequential decline but remains higher on a year-over-year basis.
Quarterly comparison
Revenue was lower than the immediately preceding quarter. Revenue was higher than the same quarter one year earlier.
What to watch
The filing notes increased operating cash flow and free cash flow in the first half compared with the prior year, partly due to higher net income and noncash depreciation.