AMETEK, Inc. (AME) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 27	$1.99	$2.09	+5.0%	—	—	—
Q4 26	$1.9	$1.97	+3.7%	—	—	—
Q3 26	$1.94	$2.01	+3.6%	—	—	—
Q2 26	$1.76	$1.89	+7.4%	—	—	—
Q1 26	$1.69	$1.78	+5.3%	—	—	—
Q4 25	$1.69	$1.75	+3.6%	—	—	—
Q3 25	$1.85	$1.87	+1.1%	—	—	—
Q2 25	$1.62	$1.66	+2.5%	—	—	—
Q1 25	$1.64	$1.66	+1.2%	—	—	—
Q4 24	$1.59	$1.64	+3.1%	—	—	—
Q3 24	$1.63	$1.68	+3.1%	—	—	—
Q2 24	$1.58	$1.64	+3.8%	—	—	—
Q1 24	$1.51	$1.57	+4.0%	—	—	—
Q4 23	$1.41	$1.49	+5.7%	—	—	—
Q3 23	$1.47	$1.52	+3.4%	—	—	—
Q2 23	$1.37	$1.45	+5.8%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$6.42	—	—	$7.4B	—
FY24	—	$5.95	—	—	$6.9B	—
FY23	—	$5.7	—	—	$6.6B	—
FY22	—	$5.04	—	—	$6.2B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$3.8B	$4.3B	$4.8B	$5.2B	$4.5B	$5.5B	$6.2B	$6.6B	$6.9B	$7.4B
YoY change	-3.38%	+12%	+12.7%	+6.45%	-12%	+22.2%	+10.9%	+7.26%	+5.22%	+6.63%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	3.8B	4.3B	4.8B	5.2B	4.5B	5.5B	6.2B	6.6B	6.9B	7.4B
Cost of revenue	2.6B	2.9B	3.2B	3.4B	3B	3.6B	4B	4.2B	4.5B	4.7B
Gross profit	1.3B	1.4B	1.7B	1.8B	1.5B	1.9B	2.1B	2.4B	2.5B	2.7B
Gross margin	32.7%	33.5%	34.2%	34.7%	34%	34.5%	34.9%	36.1%	35.7%	36%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	463.6M	535.2M	584M	610.3M	515.6M	603.9M	644.6M	677M	696.9M	757.1M
Operating expenses	463.6M	535.2M	584M	610.3M	515.6M	603.9M	644.6M	677M	696.9M	757.1M
Operating income	791M	903.6M	1.1B	1.2B	1B	1.3B	1.5B	1.7B	1.8B	1.9B
Operating margin	20.6%	21%	22.2%	22.8%	22.6%	23.6%	24.4%	25.9%	25.6%	25.8%
Non-operating income, net	-3.6M	-8.9M	-5.6M	-19.2M	140.5M	-5.1M	11.2M	-19.3M	-5.1M	-30.7M
Pretax income	693.1M	796.7M	987.7M	1.1B	1.1B	1.2B	1.4B	1.6B	1.7B	1.8B
Income tax	180.9M	115.3M	209.8M	208.5M	209.9M	233.1M	269.1M	293.2M	285.4M	318.2M
Net income	512.2M	681.5M	777.9M	861.3M	872.4M	990.1M	1.2B	1.3B	1.4B	1.5B
Net margin	13.3%	15.8%	16.1%	16.7%	19.2%	17.9%	18.9%	19.9%	19.8%	20%
EBITDA	967.1M	1.1B	1.3B	1.4B	1.4B	1.6B	1.8B	2B	2.2B	2.3B
EPS	2.2	2.96	3.37	3.78	3.8	4.29	5.04	5.7	5.95	6.42
Diluted EPS	2.19	2.94	3.34	3.75	3.77	4.25	5.01	5.67	5.93	6.4

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	1.6B	1.7B	1.7B	1.7B	1.7B	1.8B	1.7B	1.8B	1.9B	2B	1.9B	2B
Cost of revenue	1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.1B	1.2B	1.3B	1.2B	1.3B
Gross profit	601.9M	615M	591.5M	624.4M	615.8M	644.7M	625M	635.9M	686.1M	720.4M	717.6M	735M
Gross margin	37.1%	35.5%	34.1%	36%	36%	36.6%	36.1%	35.8%	36.3%	36%	37.2%	36%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	163.8M	170M	174.3M	176.9M	170M	175.8M	170.2M	174.3M	197.8M	214.9M	202.6M	206.8M
Operating expenses	163.8M	170M	174.3M	176.9M	170M	175.8M	170.2M	174.3M	197.8M	214.9M	202.6M	206.8M
Operating income	438.1M	445M	417.2M	447.5M	445.9M	469M	454.8M	461.6M	488.4M	505.5M	514.9M	528.2M
Operating margin	27%	25.7%	24%	25.8%	26.1%	26.6%	26.3%	26%	25.8%	25.3%	26.7%	25.8%
Non-operating income, net	-6.3M	-3.9M	-633K	86K	-1.9M	-2.6M	-1.6M	-2.6M	-17.9M	-8.6M	-1M	-5.7M
Pretax income	413.5M	416.9M	381.3M	417M	418.8M	444.4M	434.2M	442.2M	448M	474M	493M	492.4M
Income tax	73.1M	74.1M	70.4M	79.3M	78.6M	57.1M	82.5M	83.8M	76.5M	75.4M	93.6M	85.5M
Net income	340.4M	342.9M	310.9M	337.7M	340.2M	387.3M	351.8M	358.4M	371.4M	398.6M	399.4M	406.9M
Net margin	21%	19.8%	17.9%	19.5%	19.9%	22%	20.3%	20.2%	19.6%	19.9%	20.7%	19.9%
EBITDA	513.7M	533M	514.6M	546.3M	534.3M	562.2M	559.6M	566.7M	573.6M	602.5M	619.4M	628.4M
EPS	1.48	1.49	1.35	1.46	1.47	1.68	1.52	1.55	1.61	1.74	1.74	1.78
Diluted EPS	1.47	1.48	1.34	1.45	1.47	1.67	1.52	1.55	1.6	1.73	1.74	1.77

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	11.3B	16.7B	15.6B	22.7B	27.7B	34B	32.4B	38B	41.7B	47.3B	57.7B
Enterprise value	12.9B	18.2B	17.9B	25.1B	29B	36.3B	34.4B	41B	43.4B	49.2B	59.3B
Shares outstanding	232.6M	230.2M	230.8M	227.8M	229.4M	231M	231.5M	230.5M	231.3M	230.5M	230.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	22.1	24.5	20.1	26.4	31.8	34.3	27.9	28.9	30.3	32	36.4
P/S	2.94	3.88	3.22	4.4	6.11	6.12	5.26	5.76	6.01	6.39	7.28
P/B	3.47	4.14	3.68	4.44	4.66	4.94	4.33	4.35	4.32	4.45	5.08
EV/EBITDA	13.4	16.9	14.1	18.1	20.4	22.8	18.8	20.2	20.1	21.4	23.7
EV/Sales	3.37	4.24	3.69	4.87	6.39	6.55	5.6	6.21	6.26	6.65	7.54
Earnings yield	4.53%	4.08%	4.98%	3.79%	3.14%	2.92%	3.58%	3.45%	3.3%	3.13%	2.74%
FCF yield	6.14%	4.54%	5.4%	4.46%	4.35%	3.09%	3.12%	4.21%	4.08%	3.53%	2.59%
PEG	—	—	—	—	—	—	—	—	—	—	2.46

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	32.7%	33.5%	34.2%	34.7%	34%	34.5%	34.9%	36.1%	35.7%	36%	36%
Operating margin	20.6%	21%	22.2%	22.8%	22.6%	23.6%	24.4%	25.9%	25.6%	25.8%	26.2%
Net margin	13.3%	15.8%	16.1%	16.7%	19.2%	17.9%	18.9%	19.9%	19.8%	20%	20%
ROE	15.7%	16.9%	18.3%	16.8%	14.7%	14.4%	15.5%	15%	14.3%	13.9%	14.6%
ROA	7.21%	8.74%	8.98%	8.75%	8.42%	8.32%	9.33%	8.74%	9.41%	9.21%	8.16%
ROIC	12%	13.9%	13%	12.6%	11.5%	11.5%	12.7%	11.9%	12.9%	12.6%	13.2%
Return on tangible assets	-25.5%	-27.7%	-23.1%	-22.8%	-26.1%	-18.6%	-23.2%	-21.2%	-21.8%	-22.7%	-23.8%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	2.09	1.7	1.46	1.42	2.34	1.36	1.62	0.98	1.24	1.06	1.21
Quick ratio	1.55	1.22	0.96	0.98	1.82	0.87	0.95	0.59	0.75	0.67	0.76
Debt / equity	0.72	0.54	0.62	0.55	0.41	0.4	0.33	0.39	0.22	0.22	0.21
Debt / assets	0.33	0.28	0.3	0.29	0.24	0.23	0.2	0.22	0.15	0.15	0.12
Net debt / EBITDA	1.68	1.42	1.8	1.74	0.88	1.49	1.14	1.46	0.82	0.82	0.64
Interest coverage	8.35	9.13	13	13.1	13.6	16.2	18.2	20.6	15.7	23.1	20.8
Effective tax rate	26.1%	14.5%	21.2%	19.5%	19.4%	19.1%	18.8%	18.3%	17.2%	17.7%	17.4%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	16.5	18.7	21	22.6	19.8	24	26.6	28.6	30	32.1	34.3
EPS (basic)	2.2	2.96	3.37	3.78	3.8	4.29	5.04	5.7	5.95	6.42	6.42
EPS (diluted)	2.19	2.94	3.34	3.75	3.77	4.25	5.01	5.67	5.93	6.4	6.85
Book value per share	14	17.5	18.4	22.5	25.9	29.8	32.3	37.9	41.8	46.1	49.1
FCF per share	2.98	3.29	3.65	4.44	5.26	4.55	4.36	6.94	7.36	7.25	7.94
Cash per share	3.08	2.81	1.53	1.73	5.29	1.5	1.49	1.78	1.62	1.99	2.16
Capex per share	0.26	0.3	0.34	0.4	0.28	0.47	0.55	0.59	0.53	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	1.6%	1.6%	1.64%	1.76%	1.42%	1.95%	2.07%	2.05%	1.77%	—	—
Capex / operating cash flow	8.16%	8.22%	8.21%	8.25%	4.46%	9.28%	11%	7.8%	6.71%	—	—
Payout ratio	16.3%	12.1%	16.6%	14.8%	18.9%	18.6%	17.4%	17.5%	18.8%	19.3%	19%
Dividend yield	0.74%	0.5%	0.82%	0.56%	0.59%	0.54%	0.62%	0.61%	0.62%	0.6%	0.54%

Yield

0.54%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.34

ex-dividend Sep 15, 2026

Payout ratio

19%

of earnings

Dividend growth

6 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Sep 15, 2026	$0.34
Jun 15, 2026	$0.34
Mar 16, 2026	$0.34

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$1.6B	$1.7B	$1.7B	$1.7B	$1.7B	$1.8B	$1.7B	$1.8B	$1.9B	$2B	$1.9B	$2B
YoY change	+4.58%	+6.47%	+8.71%	+5.39%	+5.28%	+1.77%	-0.24%	+2.49%	+10.8%	+13.4%	+11.3%	+15%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	717.3M	646.3M	354M	393M	1.2B	346.8M	345.4M	409.8M	374M	458M
Receivables	592.3M	668.2M	732.8M	744.8M	597.5M	829.2M	919.3M	1B	948.8M	1.1B
Inventory	492.1M	540.5M	624.7M	624.6M	559.2M	769.2M	1B	1.1B	1B	1.1B
Total current assets	1.9B	1.9B	1.8B	2B	2.5B	2.1B	2.5B	2.8B	2.6B	3B
Property, plant & equipment	191.4M	198.3M	238.9M	432.7M	391.6M	443.1M	440.3M	666M	605M	635.1M
Goodwill & intangibles	9.1B	10.3B	12B	13.6B	13.7B	17.2B	17.4B	21.2B	20.9B	22.6B
Total assets	7.1B	7.8B	8.7B	9.8B	10.4B	11.9B	12.4B	15B	14.6B	16.1B
Accounts payable	369.5M	437.3M	399.6M	377.2M	360.4M	470.3M	497.1M	516.6M	523.3M	618M
Short-term debt	278.9M	308.1M	358.9M	540.5M	177.2M	362.4M	272.4M	1.5B	709.1M	1.3B
Total current liabilities	924.4M	1.1B	1.3B	1.4B	1.1B	1.6B	1.6B	2.9B	2.1B	2.8B
Long-term debt	2.1B	1.9B	2.3B	2.3B	2.3B	2.4B	2.2B	1.9B	1.4B	1.1B
Total liabilities	3.8B	3.8B	4.4B	4.7B	4.4B	5B	5B	6.3B	5B	5.4B
Shareholders' equity	3.3B	4B	4.2B	5.1B	5.9B	6.9B	7.5B	8.7B	9.7B	10.6B
Total debt	2.3B	2.2B	2.6B	2.8B	2.5B	2.7B	2.4B	3.4B	2.1B	2.3B
Net debt	1.6B	1.5B	2.3B	2.4B	1.2B	2.4B	2.1B	3B	1.8B	1.9B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	841.9M	409.8M	373.8M	396.6M	396.3M	374M	399M	619.7M	439.2M	458M	481.3M	495.4M
Receivables	936.8M	1B	983.9M	976.4M	968.2M	948.8M	996.5M	1B	1.1B	1.1B	1.2B	1.2B
Inventory	1.1B	1.1B	1.1B	1.1B	1.1B	1B	1.1B	1.1B	1.2B	1.1B	1.1B	1.2B
Total current assets	3.1B	2.8B	2.8B	2.8B	2.7B	2.6B	2.8B	3.1B	3.1B	3B	3.1B	3.2B
Property, plant & equipment	797.1M	666M	1.1B	1.1B	1B	605M	1.1B	1.1B	1.1B	635.1M	1.1B	1.1B
Goodwill & intangibles	17.5B	21.2B	21B	20.9B	21B	20.9B	21.1B	21.2B	22.9B	22.6B	22.9B	23.2B
Total assets	13.1B	15B	14.9B	14.8B	14.8B	14.6B	14.9B	15.3B	16.2B	16.1B	16.3B	16.6B
Accounts payable	486.6M	516.6M	517.4M	510.5M	511.7M	523.3M	534.4M	549.3M	582M	618M	619.3M	647.2M
Short-term debt	304.5M	1.5B	1.1B	828M	571.1M	709.1M	471.5M	407.7M	1B	1.3B	1.1B	980.6M
Total current liabilities	1.7B	2.9B	2.5B	2.2B	2B	2.1B	2B	1.9B	2.6B	2.8B	2.8B	2.7B
Long-term debt	1.9B	1.9B	1.9B	1.8B	1.8B	1.4B	1.5B	1.5B	1.4B	1.1B	1.1B	1.1B
Total liabilities	4.8B	6.3B	5.9B	5.5B	5.2B	5B	4.9B	4.9B	5.7B	5.4B	5.4B	5.3B
Shareholders' equity	8.3B	8.7B	9B	9.3B	9.6B	9.7B	10B	10.4B	10.5B	10.6B	10.9B	11.3B
Total debt	2.2B	3.4B	2.9B	2.7B	2.3B	2.1B	1.9B	1.9B	2.5B	2.3B	2.2B	2B
Net debt	1.3B	3B	2.6B	2.3B	1.9B	1.8B	1.5B	1.3B	2B	1.9B	1.7B	1.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	512.2M	681.5M	777.9M	861.3M	872.4M	990.1M	1.2B	1.3B	1.4B	1.5B
Depreciation & amortization	179.7M	183.2M	199.5M	234M	255.3M	292.1M	319.4M	337.6M	382.9M	422.8M
Stock-based compensation	22M	25.1M	27.3M	40.4M	41.6M	46.1M	47.4M	46.2M	47.9M	47.8M
Change in working capital	47.5M	99.3M	49.3M	-61.8M	288.8M	-125.4M	-266.5M	142.8M	66.7M	-60.6M
Operating cash flow	753.3M	837.3M	968.2M	1.1B	1.4B	1.2B	1.2B	1.7B	1.8B	1.8B
Capital expenditure	-61.4M	-68.8M	-79.5M	-91M	-64.7M	-108.3M	-127.3M	-135.4M	-122.8M	—
Investing cash flow	-452.4M	-625.8M	-1.2B	-1.2B	61.6M	-2.1B	-552.8M	-2.4B	-244.8M	-932.7M
Dividends paid	-83.3M	-82.7M	-128.9M	-127.5M	-165M	-184.6M	-202.2M	-230.3M	-258.8M	-285.3M
Share repurchases	-336.1M	-6.9M	-367.7M	-11.9M	-4.7M	-14.7M	-332.8M	-7.8M	-212M	-434M
Financing cash flow	39.4M	-369.2M	-17M	-17.5M	-604.3M	-21M	-625.6M	646.4M	-1.7B	-722.7M
Net change in cash	340.3M	-157.8M	-258.8M	-65.5M	907.2M	-910M	-18.4M	5.4M	-84.3M	146.3M
Free cash flow	693.6M	758.2M	843.4M	1B	1.2B	1B	1B	1.6B	1.7B	1.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	340.4M	342.9M	310.9M	337.7M	340.2M	387.3M	351.8M	358.4M	371.4M	398.6M	399.4M	406.9M
Depreciation & amortization	81.8M	91.9M	98M	98.7M	90.4M	95.9M	106.4M	107.7M	103.1M	105.7M	105.5M	105.9M
Stock-based compensation	12.9M	10.4M	8.9M	13.2M	12.7M	13M	9.5M	12.8M	12.9M	12.5M	9.7M	13.9M
Change in working capital	—	—	—	—	—	—	—	—	—	—	—	—
Operating cash flow	394M	425.3M	410.4M	423.4M	425.4M	504M	459.7M	359.1M	440.9M	584.3M	451.5M	483.7M
Capital expenditure	-28.7M	-58.9M	-23.4M	-21.4M	-26.3M	-51.7M	-23.1M	—	—	—	—	—
Investing cash flow	-176.3M	-2.1B	-21.4M	-22.1M	-26M	-175.3M	-125.7M	-945K	-829.1M	-1K	-209.1M	-214.9M
Dividends paid	-57.6M	-57.6M	-64.7M	-64.7M	-64.7M	-64.7M	-71.5M	-71.5M	-71.4M	-71M	-77.8M	-77.9M
Share repurchases	-54K	-1.2M	-6.9M	-680K	-60.4M	-144M	-18M	-111K	-145.5M	-270.4M	-27.9M	-165K
Financing cash flow	-58.7M	1.1B	-441.2M	-345M	-482M	-401.2M	-282.4M	-89.4M	223.5M	-524.4M	-197.6M	-231.3M
Net change in cash	158.9M	-573.5M	-52.2M	56.2M	-82.6M	-72.5M	51.7M	268.8M	-164.8M	59.8M	44.8M	37.5M
Free cash flow	444.2M	480.9M	382.6M	360M	460.9M	498.3M	394.5M	329.8M	420M	527.3M	426M	451.7M

Date	Ratio
Jul 2, 2012	3:2
Dec 22, 2010	3:2
Nov 28, 2006	3:2
Mar 1, 2004	2:1
Nov 20, 1987	2:1

AMETEK, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history