AMETEK INC/AME
AMETEK INC/ Financial Overview 2021–2025
AMETEK’s aggressive capital deployment engine funded $933.2 million across two major acquisitions in FY2025 without straining its balance sheet, highlighting the sheer cash-generating power of its business. The core investment thesis centers on this self-funding roll-up strategy: the company consistently acquires niche, high-margin industrial technology assets, optimizes them for operational efficiency, and drives compounding earnings expansion regardless of broader macroeconomic cycles.
This compounding effect is evident across the company's multi-year performance. Revenue grew from $5.55 billion in FY2021 to a record $7.4 billion in FY2025, while diluted earnings per share jumped from $4.25 to $6.40 over the same span. The company sustains this growth through prolific cash generation, posting $1.8 billion in operating cash flow for FY2025. Alongside active M&A spending, management directed $728.3 million back to shareholders during the year, split between $443.0 million in stock repurchases and $285.3 million in dividends. Internal innovation also keeps the organic pipeline healthy, with 27% of FY2025 sales coming from products introduced within the last three years.
Investors have rewarded this disciplined growth and capital allocation model. Following its record bottom-line performance, the market capitalized AMETEK at $47.2 billion at the close of FY2025, with shares trading at 32.1x earnings based on the period-end price of $205.31.
Recent Developments (Q3 and Q4 2025)
AMETEK sustained its momentum through Q3 2025 and Q4 2025, underscored by record quarterly sales and the strategic acquisition of LKC Technologies. In Q3 2025, net sales climbed to $1.89 billion, representing a 10.8% year-over-year increase driven by 4% organic expansion and a 6% boost from M&A. Diluted earnings per share for the quarter rose 8.8% to $1.60, fueled by robust demand that pushed quarterly orders to $1.97 billion.
Leadership also evolved, with Robert J. Amodei taking over as Principal Accounting Officer on January 1, 2026, alongside a 10% dividend hike to $0.34 per share. Bulls celebrate the massive revenue visibility provided by the $3.55 billion backlog at the end of Q3 2025. Conversely, bears caution that recent asset integrations are causing near-term operating margin dilution, while the stock looks richly priced at 39.3x earnings as of February 16, 2026.
What to watch: margin progression as new acquisitions integrate; financial contributions from LKC Technologies.
Rev
$6.94B
FY2024
NI
$1.38B
FY2024
EPS
$5.95
FY2024
OCF
$1.83B
FY2024
Year-over-year comparison from 10-K annual reports
Data from SEC Company Facts
Recent SEC Filings
AMETEK INC/ 8-K Report, Corporate Update (Feb 12, 2026)
AMETEK, Inc. (AME) has announced a significant return of capital to shareholders through an approved 10% increase in its quarterly cash dividend. Effective immediately, the quarterly dividend will rise to $0.34 per share, up from the previous $0.31 per share. This move signals strong confidence from the Board of Directors in the company's financial health and its ability to generate consistent cash flow to support shareholder returns.
AMETEK INC/ 8-K Report, Financial Results (Feb 3, 2026)
AMETEK, Inc. (AME) filed an 8-K on February 3, 2026, reporting strong financial results for the twelve months ended December 31, 2025. The press release, furnished as Exhibit 99.1, indicates record fourth quarter and full-year performance, suggesting continued operational strength and potentially exceeding investor expectations. Investors should pay close attention to the specific metrics and guidance provided in the full press release for a deeper understanding of the company's growth drivers and future outlook. In addition to financial performance, the filing also announces a significant strategic move: the acquisition of LKC Technologies, detailed in Exhibit 99.2. This acquisition represents an expansion of AMETEK's business portfolio, and while details are limited in the 8-K, it signals a proactive approach to growth through strategic inorganic expansion. Investors will want to understand the strategic rationale and potential financial impact of this acquisition on the company's future performance.
AMETEK INC/ 8-K Report, Executive Changes (Nov 10, 2025)
AMETEK, Inc. (AME) has filed an 8-K report announcing a significant change in its senior accounting leadership. Thomas M. Montgomery, the long-serving Senior Vice President, Comptroller, and Principal Accounting Officer, has announced his intention to retire effective January 1, 2026. Mr. Montgomery will transition to a Senior Advisor role through 2026, ensuring a period of knowledge transfer and continuity. The company has appointed Robert J. Amodei as his successor, effective January 1, 2026. Mr. Amodei is an internal promotion with a deep understanding of AMETEK's financial operations, having held various leadership roles within the company's accounting and finance departments since 2014. His extensive experience positions him well to take on the responsibilities of Controller and Principal Accounting Officer, signaling a smooth leadership transition for this critical function.
AMETEK INC/ 8-K Report, Financial Results (Oct 30, 2025)
AMETEK, Inc. (AME) has filed a Form 8-K report on October 29, 2025, to announce its financial results for the third quarter and the first nine months of 2025. The key takeaway for investors is the company's positive performance, highlighted by record third-quarter results and an upward revision of its full-year financial guidance. This indicates strong operational execution and an optimistic outlook for the remainder of the fiscal year. Investors should pay close attention to the press release furnished as Exhibit 99.1, which provides detailed financial figures and management commentary on the company's performance and future expectations. While this information is furnished and not formally "filed" under certain sections of SEC regulations, it offers crucial insights into AMETEK's current financial health and strategic direction.
AMETEK INC/ 8-K Report, Financial Results (Jul 31, 2025)
AMETEK, Inc. (AME) has filed a Form 8-K detailing its financial results for the second quarter and first half of 2025, as announced in a press release dated July 31, 2025. The press release, furnished as an exhibit, indicates that the company achieved record results for the second quarter and has consequently raised its full-year guidance. This proactive upward revision to its financial outlook suggests strong operational performance and confidence in sustained momentum for the remainder of the fiscal year. Investors should pay close attention to the details within the press release for specific figures on revenue, earnings, and the updated guidance metrics. This filing serves as a crucial update for investors, providing timely insights into AMETEK's financial health and future prospects. The announcement of record results and raised full-year guidance is a positive signal, underscoring the company's ability to navigate the current economic landscape effectively and deliver value. Investors are encouraged to review the full press release (Exhibit 99.1) for a comprehensive understanding of the company's performance and outlook.
View all 8-K filings →