Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. AMETEK's annualizedGross Profit for the quarter that ended in Sep. 2024 was $2,463 Mil.
AMETEK's average Total Assets over the quarter that ended in Sep. 2024 was $14,782 Mil. Therefore, AMETEK's annualized Gross-Profit-to-Asset % for the quarter that ended in Sep. 2024 was 16.66%.
AMETEK Gross-Profit-to-Asset % Historical Data
The historical data trend for AMETEK's Gross-Profit-to-Asset % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of AMETEK's Gross-Profit-to-Asset %
For the Specialty Industrial Machinery subindustry, AMETEK's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
AMETEK's Gross-Profit-to-Asset % Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, AMETEK's Gross-Profit-to-Asset % distribution charts can be found below:
* The bar in red indicates where AMETEK's Gross-Profit-to-Asset % falls into.
AMETEK Gross-Profit-to-Asset % Calculation
AMETEK's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Gross Profit data used here is four times the quarterly (Sep. 2024) data.
Gross-Profit-to-Asset % is displayed in the 30-year financial page.
AMETEK Gross-Profit-to-Asset % Related Terms
Thank you for viewing the detailed overview of AMETEK's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Ametek Inc is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets, and generates major revenue. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. The majority of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
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