FirmAtlas
Company handbook · AME · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
AME · CIK 1037868 · LATEST FILING: 10-Q JUN '26 · FILED AUG 4, 2026
AMETEK, Inc.
$248.17
−0.35 (−0.14%)
Close, Oct 16, 2026 · 52-week $183–261
Last fiscal year
AMETEK, Inc. reported revenue of $7.4B for the year ended Dec 31, 2025 (FY25), up 6.6% from FY24. Net income was $1.5B, operating cash flow $1.8B and free cash flow $1.7B. Source: 10-K filed Feb 17, 2026.
Market cap
$56.8B
P/E
36.0
EV/EBITDA
25.1x
P/B
5.0
Div yield
0.54%
ROIC
13.2%
Revenue 1Y
6.6%/yr
EPS 1Y
7.9%/yr
Shares 1Y
−0.7%
Loading chart…
Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
HQBerwyn, PA
AuditorErnst & Young LLP
Employees22,500
Year endsDecember
Revenue by segment · FY25
Electronic Instruments Group66%
Electromechanical Group34%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
18.4%
14.1%
18.1%
34.5%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$2.5B deployed
Capex
$257M
10.3%
Acquisitions
$1.1B
42.1%
Dividends
$544M
21.8%
Buybacks
$646M
25.9%
Operating cash flow over the period: $3.6B. Total debt changed by +$204M. R&D of $473M is already inside operating costs.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
6,941
7,401+6.6%
7,864
YoY
+6.6%
Gross profit
2,476
2,667+7.7%
2,859
Gross margin
35.7%
36.0%+0.4 pp
—
Operating income
1,780
1,910+7.3%
2,037
Operating margin
25.6%
25.8%+0.2 pp
—
EBITDA
2,162
2,333+7.9%
—
EBITDA margin
31.2%
31.5%+0.4 pp
—
Interest expense
113
81−28.1%
—
Interest coverage
19.14x
28.71x+9.57x
—
Net income
1,376
1,480+7.6%
1,576
YoY
+7.6%
Net margin
19.8%
20.0%+0.2 pp
—
EPS (diluted, $)
5.93
6.40+7.9%
6.85
YoY
+7.9%
Balance sheet
Total assets
14,631
16,068+9.8%
16,595
Cash & short-term investments
374
458+22.4%
—
Accounts receivable
949
1,119+18.0%
—
Inventory
1,022
1,106+8.3%
—
Net PP&E
819
855+4.5%
—
Other assets
11,468
12,529+9.2%
—
Total liabilities
4,976
5,439+9.3%
5,334
Accounts payable
523
618+18.1%
—
Total debt
2,080
2,283+9.8%
1,056
Other liabilities
2,373
2,537+6.9%
—
Shareholders’ equity
9,655
10,629+10.1%
11,261
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,829
1,802−1.5%
1,960
Net income
1,376
1,480+7.6%
—
Depreciation & amortization
383
423+10.4%
—
Stock-based compensation
48
48−0.2%
—
Working capital & other
22
(149)−779.1%
—
Cash from investing
(245)
(1,063)n/m
—
Capex
(127)
(130)n/m
—
Acquisitions
(118)
(933)n/m
—
Other investing
(0.2)
0.7n/m
—
Cash from financing
(1,602)
(686)n/m
—
Debt repaid
(300)
(515)n/m
—
Dividends
(259)
(285)n/m
—
Buybacks
(212)
(434)n/m
—
Shares issued
67
36−45.6%
—
Other financing
(899)
512n/m
—
Net change in cash
(36)
84n/m
—
Free cash flow (OCF − capex)
1,702
1,672−1.8%
1,825
Where the cash went
Operating cash flow
1,829
1,802−1.5%
1,960
Reinvested in the business
245
1,063+334.8%
—
% of operating cash flow
13.4%
59.0%
Capex
127
130+2.5%
135
Acquisitions
118
933+694.2%
—
R&D (memo, already in costs)
237
236−0.2%
—
Free cash flow
1,702
1,672−1.8%
1,825
YoY
−1.8%
Returned to shareholders
471
719+52.8%
—
% of free cash flow
27.7%
43.0%
Dividends
259
285+10.3%
—
Buybacks
212
434+104.7%
—
Change in total debt
—
204
—
Cash left over
—
222
—
FCF conversion (FCF ÷ net income)
123.7%
112.9%−10.7 pp
—
Owner earnings
—
1,612
—
Owner earnings margin
—
21.8%
—
Buyback yield
0.5%
0.9%+0.4 pp
—
Returns & ratios
ROIC (all capital)
13.0%
13.2%+0.2 pp
—
ROIC (operating)
65.0%
66.5%+1.5 pp
—
Net debt / EBITDA
0.79x
0.78x−0.01x
—
Debt / equity
0.22x
0.21x−0.00x
—
Cash conversion cycle (days)
91
93+2 d
—
ROE
14.3%
13.9%−0.3 pp
—
ROA
9.4%
9.2%−0.2 pp
—
ROCE
14.2%
14.4%+0.2 pp
—
NOPAT
1,474
1,572+6.7%
—
Invested capital (operating)
2,266
2,463+8.7%
—
Invested capital (all)
11,361
12,454+9.6%
—
Reinvestment rate
—
12.5%
—
Debtor days
50
55+5 d
—
Inventory days
84
85+2 d
—
Days payable
43
48+5 d
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,893
1,998
1,928
2,044
vs year-ago quarter
Gross profit
686
720
718
735
Gross margin
36.3%
36.0%
37.2%
36.0%
Operating income
488
505
515
528
Net income
371
399
399
407
vs year-ago quarter
Net margin
19.6%
19.9%
20.7%
19.9%
EPS (diluted, $)
1.60
1.74
1.74
1.77
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
16,182
16,068
16,310
16,595
Cash & equivalents
439
458
481
495
Total debt
1,426
2,283
1,063
1,056
Shareholders’ equity
10,527
10,629
10,919
11,261
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
441
584
452
484
Capex
21
57
25
32
Free cash flow
420
527
426
452
vs year-ago quarter