AMENYSEIndustrial Instruments For Measurement, Display, and ControlFiscal year ends December 31
AMETEK INC/
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026
$247.22−0.95 (-0.38%)
Close on Oct 19, 2026
- Market cap
- $56.82B
- P/E (TTM)
- 36.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
36.0%+2.0 pts over 5 years
Operating margin
25.8%+3.2 pts over 5 years
Net margin
20.0%+0.8 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.6% | +6.4% | +10.3% | +6.4% | |
| Gross profit | +7.7% | +7.5% | +11.6% | +7.0% | |
| Operating income | +7.3% | +8.4% | +13.2% | +7.7% | |
| Net income | +7.6% | +8.5% | +11.2% | +9.6% | |
| EPS, diluted | +7.9% | +8.5% | +11.2% | +10.1% | |
| Free cash flow | -1.8% | +18.3% | +6.7% | +10.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 15.7% | 15.8% | 14.6% | |
| Return on assets | 7.4% | 8.6% | 9.6% | |
| Current ratio | 2.09 | 2.34 | 1.06 | |
| Debt to equity | 0.72 | 0.41 | 0.21 | |
| Net debt to EBITDA | 1.67× | 0.94× | 0.78× | |
| Interest coverage | 8.4× | 11.9× | 23.5× | |
| Inventory turnover | 5.1× | 5.1× | 4.4× | |
| Capex to revenue | 1.6% | 1.6% | 1.8% | |
| Diluted shares | 234M | 231M | 231M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Ametek Inc/ generated $7.68B from operations and spent $2.81B on capital expenditure, dividends and share buybacks. 23% of that went back into the business.
Generated
$7.68B
Used
$2.81B
Capital expenditure$643.25M23%Dividends$1.16B41%Share buybacks$1.00B36%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin20.0%
×Asset turnover0.48×
×Equity multiplier1.51×
=Return on equity, FY202514.6%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 20.0% | 0.48× | 1.51× | 14.6% |
| FY2024 | 19.8% | 0.47× | 1.61× | 15.0% |
| FY2023 | 19.9% | 0.48× | 1.69× | 16.2% |
| FY2022 | 18.9% | 0.51× | 1.70× | 16.2% |
| FY2021 | 17.9% | 0.50× | 1.74× | 15.4% |
| FY2020 | 19.2% | 0.45× | 1.83× | 15.8% |
| FY2019 | 16.7% | 0.56× | 1.98× | 18.4% |
| FY2018 | 16.1% | 0.59× | 1.99× | 18.8% |
| FY2017 | 15.8% | 0.58× | 2.05× | 18.7% |
| FY2016 | 13.3% | 0.56× | 2.11× | 15.7% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
8of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero$1.48B
- Cash generatingOperating cash flow above zero$1.80B
- Return on assets improvedROA up on the prior year9.2% → 10.1%
- Earnings backed by cashOperating cash flow above net income$1.80B vs $1.48B
- Less leverageLong-term debt to assets fell9.7% → 6.7%
- Better liquidityCurrent ratio rose1.24 → 1.06
- No dilutionShare count did not rise232M → 231M
- Gross margin improvedGross margin up on the prior year35.68% → 36.04%
- More efficientAsset turnover rose0.46 → 0.51