AMETEK INC/ R&D Expense 2008-2024 | AME
Beta
What is r&d expense?
Research and development expense represents the costs incurred in discovering and developing new products, processes, or technologies.
What is AMETEK INC/'s current r&d expense?
AMETEK INC/ (AME) annual r&d expense for 2024 was $236.6M, a 7.16% increase from 2023.
What was AMETEK INC/'s r&d expense in 2023?
AMETEK INC/ annual r&d expense for 2023 was $220.8M, a 11.07% increase from 2022.
What was AMETEK INC/'s r&d expense in 2022?
AMETEK INC/ annual r&d expense for 2022 was $198.8M, a 2.37% increase from 2021.
What is AMETEK INC/'s 5-year r&d expense CAGR?
AMETEK INC/ r&d expense grew at a compound annual growth rate (CAGR) of 7.88% from FY2019 to FY2024, going from $161.9M to $236.6M over 5 years.
R&D Expense History
Year-over-year comparison from 10-K annual reports
Key Statistics
Trend Direction
Growing
CAGR+7.9%
FY2019
$161.9M
→
FY2024
$236.6M
0809101112131415161718192021222324
5 years selected
R&D Expense History
| Period | Value | Change | Source |
|---|---|---|---|
| FY2024 | $236.6M | +7.2% | 10-K |
| FY2023 | $220.8M | +11.1% | 10-K |
| FY2022 | $198.8M | +2.4% | 10-K |
| FY2021 | $194.2M | +22.2% | 10-K |
| FY2020 | $158.9M | -1.9% | 10-K |
| FY2019 | $161.9M | +14.8% | 10-K |
| FY2018 | $141.0M | +8.1% | 10-K |
| FY2017 | $130.4M | +16.4% | 10-K |
| FY2016 | $112.0M | -3.7% | 10-K |
| FY2015 | $116.3M | -2.5% | 10-K |
| FY2014 | $119.3M | +27.1% | 10-K |
| FY2013 | $93.9M | +10.6% | 10-K |
| FY2012 | $84.9M | +8.8% | 10-K |
| FY2011 | $78.0M | +37.3% | 10-K |
| FY2010 | $56.8M | +12.5% | 10-K |
| FY2009 | $50.5M | -12.2% | 10-K |
| FY2008 | $57.5M | - | 10-K |
Company: AMETEK INC/Ticker: AMESector: IndustrialIndustry: Industrial Instruments For Measurement, Display, and ControlView company profile →