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AME

AMETEK, Inc.

AME

AMETEK, Inc. • NYSE
$197.89 ▲ 0.82% (+1.61)
Market Cap $45.68 B
52w High $204.15
52w Low $145.02
Dividend Yield 1.21%
P/E 31.26
Volume 645.86K
Outstanding Shares 230.84M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q3-2025 $1.893B ▲ $197.756M ▲ $371.416M ▲ 19.624% ▼ $1.61 ▲ $573.557M ▲
Q2-2025 $1.778B ▲ $174.263M ▲ $358.367M ▲ 20.155% ▼ $1.55 ▲ $566.727M ▲
Q1-2025 $1.732B ▼ $170.171M ▼ $351.758M ▼ 20.31% ▼ $1.52 ▼ $454.829M ▼
Q4-2024 $1.762B ▲ $175.768M ▲ $387.257M ▲ 21.983% ▲ $1.68 ▲ $562.233M ▲
Q3-2024 $1.709B $169.959M $340.241M 19.914% $1.47 $534.331M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q3-2025 $439.237M ▼ $16.182B ▲ $5.655B ▲ $10.527B ▲
Q2-2025 $619.712M ▲ $15.267B ▲ $4.878B ▼ $10.389B ▲
Q1-2025 $399.001M ▲ $14.877B ▲ $4.907B ▼ $9.97B ▲
Q4-2024 $373.999M ▼ $14.631B ▼ $4.976B ▼ $9.655B ▲
Q3-2024 $396.266M $14.768B $5.217B $9.55B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q3-2025 $371.416M ▲ $440.865M ▲ $-850.045M ▼ $232.742M ▲ $-180.475M ▼ $419.952M ▲
Q2-2025 $358.367M ▲ $359.089M ▼ $-30.014M ▲ $-131.715M ▲ $220.711M ▲ $329.82M ▼
Q1-2025 $351.758M ▼ $417.545M ▼ $-125.713M ▲ $-277.693M ▲ $25.002M ▲ $394.476M ▼
Q4-2024 $387.257M ▲ $550.016M ▲ $-175.284M ▼ $-374.044M ▲ $-22.267M ▼ $498.291M ▲
Q3-2024 $340.241M $487.17M $-25.975M $-476.76M $-307K $460.888M

Revenue by Products

Product Q4-2024Q1-2025Q2-2025Q3-2025
Electromechanical Group
Electromechanical Group
 $550.00M ▲$590.00M ▲$620.00M ▲$650.00M ▲
Electronic Instruments Group
Electronic Instruments Group
 $1.21Bn ▲$1.14Bn ▼$1.16Bn ▲$1.25Bn ▲

Five-Year Company Overview

Income Statement

Income Statement AMETEK’s income statement shows a steady, healthy climb over the past five years. Sales have increased each year, and profits have grown even faster than revenue, which suggests good pricing power and strong cost control. Profit margins are solid for an industrial business and appear to have inched higher over time, not just bounced with the cycle. Earnings per share have risen consistently, helped by both higher profits and disciplined capital management. Overall, the company looks like a structurally high‑margin industrial rather than a low‑margin, volume‑driven manufacturer.

Balance Sheet

Balance Sheet The balance sheet looks generally strong and deliberately geared for growth. Total assets and shareholder equity have expanded steadily, reflecting ongoing reinvestment and acquisitions. Debt rose at one point, likely tied to deal activity, but has since started to move back down, indicating management is willing to de‑lever after periods of investment. Cash on hand is modest rather than oversized, suggesting confidence in stable cash generation. The overall picture is a company with a solid financial foundation, using a moderate level of debt to support expansion without appearing overextended.

Cash Flow

Cash Flow Cash generation is a clear strength. Operating cash flow has trended up over time and, importantly, tracks underlying earnings well, which points to good earnings quality. Capital spending is relatively light compared with cash generated, so free cash flow is strong and fairly stable. That gives AMETEK meaningful flexibility to fund acquisitions, pay down debt, and return cash to shareholders, even through more challenging economic periods. The business model appears to be cash‑efficient rather than capital‑hungry.

Competitive Edge

Competitive Edge AMETEK’s competitive position rests on leading roles in narrow but critical industrial niches. Its instruments and motion control products are often highly specialized, built into customers’ systems from the design stage, which raises switching costs and supports long relationships. The company focuses on mission‑critical applications in areas like aerospace, power, medical, and advanced manufacturing, where reliability and precision matter more than rock‑bottom price. Its growth model combines operational excellence, disciplined acquisitions, and global expansion, creating a diversified base that is harder for single‑line competitors to replicate. Altogether, this points to a durable competitive moat rather than a commodity producer.

Innovation and R&D

Innovation and R&D Innovation is deeply embedded in AMETEK’s structure. Both of its main segments develop specialized technologies—ranging from advanced test and measurement systems to precision motion components and engineered materials. Recent examples include high‑performance power testing platforms, advanced metal powders that improve manufacturing efficiency, and cooling systems for demanding space missions. The company reinforces this with a formal focus on continuous improvement methods and by acquiring technology‑rich niche businesses like FARO in 3D measurement and UEI in data acquisition. It is also leaning into long‑term themes such as automation, digitalization, and AI‑enabled systems, which can keep its product portfolio relevant and differentiated.

Summary

Across the financials and strategy, AMETEK looks like a high‑quality industrial compounder. It combines steady revenue growth with expanding profits, a solid balance sheet, and strong, reliable cash flows. Strategically, it competes in specialized, high‑value markets, supported by recurring innovation and a long track record of integrating technology‑focused acquisitions. Key opportunities lie in further leveraging secular trends like automation, precision measurement, and aerospace and medical technology. Main risks to monitor include dependence on continued successful acquisitions, integration execution, and exposure to cyclical industrial and aerospace demand. Overall, the business profile is that of a resilient, innovation‑driven industrial company with multiple avenues for continued growth, but still subject to the usual economic and acquisition‑related uncertainties.

NEWS

November 11, 2025 · 9:00 AM UTC

AMETEK Releases 2025 Sustainability Report

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November 7, 2025 · 8:00 AM UTC

AMETEK Appoints Robert J. Amodei Senior Vice President, Controller and Scott M.

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October 30, 2025 · 6:55 AM UTC

AMETEK Announces Record Third Quarter Results and Raises Full Year Guidance

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October 14, 2025 · 8:00 AM UTC

AMETEK Announces Third Quarter 2025 Earnings Call and Webcasted Investor Conference Call Information

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