Page 3 - 2017 AMETEK Annual Report (Interactive) Updated mobile

Financial Highlights

(In millions, except per share amounts and number of employees)
Year Ended December 31 2017 2016 2015 2014 2013
Net sales $ 4,300.2 $ 3,840.1 $ 3,974.3 $ 4,022.0 $ 3,594.1
*
Operating income $ 936.9 $ 841.4 $ 944.3 $ 917.5 $ 815.1
Net income * $ 606.0 $ 537.7 $ 615.5 $ 598.4 $ 517.0
Diluted earnings per share * $ 2.61 $ 2.30 $ 2.55 $ 2.42 $ 2.10
Dividends declared and paid per share $ 0.36 $ 0.36 $ 0.36 $ 0.33 $ 0.24
*
Operating income margin 21.8% 21.9% 23.8% 22.8% 22.7%
**
EBITDA $ 1,076.0 $ 966.0 $ 1,046.9 $ 1,022.6 $ 916.3
Free cash flow ** $ 758.2 $ 693.5 $ 603.4 $ 654.7 $ 597.4
Capital expenditures $ 75.1 $ 63.3 $ 69.1 $ 71.3 $ 63.3

At December 31
Total debt $ 2,174.3 $ 2,341.6 $ 1,938.0 $ 1,709.0 $ 1,411.5
Net debt ** $ 1,528.0 $ 1,624.3 $ 1,557.0 $ 1,331.4 $ 1,116.3

Stockholders’ equity $ 4,027.6 $ 3,256.5 $ 3,254.6 $ 3,239.6 $ 3,136.1
Shares outstanding 231.2 229.4 235.5 241.3 245.0
Number of employees 16,900 15,700 15,450 15,400 14,500

Net Sales Diluted Earnings
(In millions) per Share
$4,800 $3.00

$4,000 $2.50

$3,200 $2.00

$2,400 $1.50

$1,600 $1.00

$800 $0.50

$0 $0
08 09 10 11 12 13 14 15 16 17 08 09 10 11 12 13 14* 15* 16* 17*
10-year CAGR is 7% 10-year CAGR is 11%

CAGR - Compound Annual Growth Rate

* See page 26 for reconciliations of operating income, net income, diluted earnings per share and operating income margin reported in accordance with U.S.
generally accepted accounting principles (“GAAP”) to non-GAAP.
** See page 25 for reconciliations of EBITDA, free cash flow and net debt reported in accordance with GAAP to non-GAAP.

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