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AMETEK INC/AME

Industry
Industrial Instruments For Measurement, Display, and Control
Exchange
NYSE

Stock Price $AME

Filing record · 2016–202610-K1110-Q328-K107

AME filed 11 annual reports (10-K), 32 quarterly reports (10-Q) and 107 current reports (8-K) between 2016 and 2026.

  1. Material agreement8-K · Mar ’16Mar ’16
  2. FY2018 annual report10-K · Feb ’19Feb ’19
  3. Leadership change8-K · Feb ’22Feb ’22
  4. Leadership change8-K · Nov ’25Nov ’25
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  1. $7.40B
YoY changeLargest recent move+22.2%in FY21Latest +6.6%

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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AMETEK INC/ Financial Overview 2021–2025

Updated Jul 10, 2026

AMETEK generated $1.80 billiona in operating cash flow during FY2025, fueling an aggressive acquisition engine that rapidly scales its high-margin instrument and electromechanical portfolios. The central thesis for this industrial compounder rests on its ability to acquire niche, ultra-precision businesses and immediately wring out operational efficiencies to drive steady profitability. This playbook has proven highly durable across economic cycles, as total revenue grew from $5.55 billion in FY2021 to a record $7.40 billion in FY2025.

The company's execution translates directly into bottom-line expansion, with diluted earnings per share reaching $6.40b in FY2025, up 7.9% over FY2024. AMETEK funnels its cash generation straight into strategic growth and shareholder returns, deploying $933.2 million for key buyouts like Kern Microtechnik and FARO Technologies in FY2025, while also returning $728.3 million through repurchases and dividends. Future revenue visibility remains heavily insulated by a $3.58 billion backlog at the end of FY2025. Investors have heavily rewarded this predictable financial engineering and market expansion; at the close of FY2025, the market valued the company at a $47.0 billion market capitalization, with shares trading at $205.31 and pricing the stock at a premium 32.1x earnings multiple.

Recent Developments (Q4 2025 and Q1 2026)

AMETEK accelerated its momentum in Q1 2026, raising full-year guidance after net sales jumped 11.3% to $1.93 billionc. Profitability outpaced revenue, with operating income rising 13.2% to $514.9 million and EPS climbing 14.5% to $1.74. The Electromechanical Group expanded operating margins by 380 basis points. This execution yielded record orders, pushing the total backlog to $3.87 billion. Management concurrently bumped the quarterly dividend 10% to $0.34 per share.

A new wave of acquisitions followed, including closed deals for LKC Technologies and First Aviation Services, plus a definitive agreement to buy Indicor. To finance Indicor, AMETEK secured a $4.0 billiond term loan. Bulls argue this M&A engine seamlessly translates into immediate margin expansion. Bears caution that adding billions in debt elevates leverage risks if target integration stumbles. The market prices this execution at a premium 36.8x earnings as of the Q1 2026 report.

What to watch: integration progress for Indicor and First Aviation; leverage ratio impacts from the new debt facilities.

Recent SEC Filings

  1. 8-KAMETEK INC/ 8-K Report, Corporate Update (Aug 26, 2026)AMETEK, Inc. (NYSE: AME) announced on August 26, 2026 that it has completed its previously announced acquisition of a portfolio of instrumentation businesses from Indicor, LLC, in an all-cash transaction valued at $5.0 billion. The filing is a routine Item 8.01 (Other Events) disclosure furnishing a press release as Exhibit 99.1; the 8-K itself contains no detailed financial statements or pro forma data. The acquired Indicor Instrumentation businesses design and manufacture mission-critical solutions for demanding industrial and scientific applications. Management highlights attractive end markets, a substantial recurring revenue base from consumables, services and aftermarket support, and strong alignment with AMETEK's existing portfolio. The businesses will be folded into the Electronic Instruments Group (EIG) and Electromechanical Group (EMG) based on product and market fit. For 2026, the company expects the deal to add approximately $350 million in sales and to be modestly accretive to adjusted earnings. At roughly $5.0 billion, the purchase is significant relative to AMETEK's approximately $9.0 billion annualized sales run rate, and investors will likely focus on integration execution, the return on invested capital versus the price paid, and how the transaction affects leverage and cash deployment.
  2. 8-KAMETEK INC/ 8-K Report, Corporate Update (Aug 11, 2026)AMETEK, Inc. (AME) announced a significant increase in its commercial paper program, raising the maximum aggregate face amount of outstanding short-term, unsecured commercial paper notes from $2.3 billion to $3.5 billion, an increase of $1.2 billion. This expansion is intended to provide greater financial flexibility, with a stated expectation that the program will be utilized for various purposes, including funding potential acquisitions. The company also confirmed that its existing revolving credit facility will continue to serve as a liquidity backstop for these commercial paper notes, ensuring that total outstanding debt under both facilities does not exceed the new $3.5 billion limit.
  3. 8-KAMETEK INC/ 8-K Report, Financial Results (Aug 4, 2026)AMETEK reported record second-quarter 2026 results, with sales of $2.04 billion, up 15% year over year. GAAP diluted EPS was $1.77, up 14%, and adjusted diluted EPS was a record $2.09, up 17%. Orders grew 28% for the second consecutive quarter, and operating cash flow rose 35% to $483.7 million, with free cash flow conversion of 111% of net income. Both segments contributed: Electronic Instruments (EIG) sales rose 14% to $1.32 billion with core margin up 40 basis points to 30.1%, and Electromechanical (EMG) sales rose 17% to a record $723.2 million with core margin up 290 basis points. Adjusted operating margin was 26.6%, up 60 basis points, and core operating margin was 27.1%, up 110 basis points. Management raised full-year 2026 guidance. Sales are now expected to grow about 10% versus 2025, and adjusted EPS is now guided to $8.20 to $8.30, up from $7.94 to $8.14, implying 10% to 12% growth. For the third quarter, sales are expected to grow high single digits and adjusted EPS to be $2.08 to $2.10, up 10% to 11%. Acquisitions contributed meaningfully to sales growth, and goodwill rose about $248 million since year-end 2025. Interest expense more than doubled to $30.1 million, partly due to one-time bridge financing fees tied to an acquisition referred to as Indicor, which management excludes from adjusted results. For investors, the quarter shows broad-based organic growth, strong orders momentum, and high cash conversion, alongside an acquisition-driven balance sheet. Total debt declined from about $2.28 billion at year-end 2025 to about $2.04 billion at June 30, 2026, and cash was $495 million. Investors should weigh the non-GAAP adjustments, which exclude about $0.32 per share of acquisition amortization, financing fees, and integration costs, against the GAAP figures.
  4. 8-KAMETEK INC/ 8-K Report, Material Agreement (Jun 12, 2026)AMETEK, Inc. (AME) has filed an 8-K detailing significant amendments to its financing structure, primarily related to its upcoming acquisition of Indicor Holdings, LLC. The company has executed an Amended and Restated Credit Agreement, substantially increasing its revolving credit facility to $3.5 billion from $2.3 billion and extending the maturity date to June 9, 2031. This expanded facility can be used for general corporate purposes, including acquisitions, working capital, and refinancing, with up to $1.0 billion earmarked for the Indicor Acquisition. Furthermore, AME has entered into a new Term Loan Credit Agreement providing for up to $4.0 billion across three tranches (maturing in three, four, and five years) specifically to fund the Indicor Acquisition. The funding of these term loans is contingent upon the consummation of the acquisition. These new credit facilities effectively replace previously secured bridge financing for the acquisition, indicating a more stable and long-term funding strategy.
  5. 8-KAMETEK INC/ 8-K Report, Corporate Update (May 26, 2026)AMETEK, Inc. (NYSE: AME) announced on May 26, 2026 that it has completed its acquisition of First Aviation Services, a provider of highly engineered defense and aviation maintenance, repair and overhaul (MRO) services that also manufactures related proprietary components. The filing is furnished under Item 8.01 (Other Events) with the press release attached as Exhibit 99.1, so this is a completion announcement rather than a new material agreement or financial restatement. According to the release, First Aviation generates approximately $80 million in annual revenue and operates six centers of excellence across the U.S. Its capabilities include advanced electronics, rotor blades and assemblies, propellers, landing gear, and flight controls, plus design, engineering, and manufacturing of critical parts for defense and aviation platforms. The business will join AMETEK's Electromechanical Group (EMG). CEO David A. Zapico characterized it as a strategic fit with AMETEK's existing MRO business, citing market expansion and added scale in mission-critical aerospace and defense applications. For investors, the deal is modest relative to AMETEK's roughly $7.5 billion in annual sales, equating to about 1% of revenue. The filing does not disclose the purchase price, financing structure, or expected earnings impact, so the transaction's valuation and accretion profile cannot be assessed from this document alone. The acquisition is consistent with AMETEK's stated Strategic Acquisitions growth strategy and its focus on defense and aerospace niche markets.
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