Ametek Earnings: Strong Global Industrial Activity Underpins Organic Growth; Shares Overheated
Ametek reported third-quarter sales growth of 17% year over year. Management raised full-year guidance, and shares traded up the morning of Nov. 3.
AMETEK Inc AME
Bulls Say, Bears Say
Bulls
Ametek's pipeline of potential acquisitions is vast as the markets in which it operates are highly fragmented.
Bears
Ametek is overly reliant on acquisitions to grow. A shift in its M&A strategy poses an outsize risk.
News
AMETEK Promotes John Henriques and Kevin Coleman to Senior Vice Presidents
AMETEK Declares Quarterly Dividend
AMETEK Announces Record Third Quarter 2026 Results and Raises Full Year Guidance
AMETEK Announces Third Quarter 2026 Earnings Call and Webcasted Investor Conference Call Information
AMETEK Completes Acquisition of Indicor Instrumentation
Trading Information
- Previous Close Price
- $238.24
- Day Range
- $236.01–239.49
- 52-Week Range
- $188.47–261.16
- Bid/Ask
- $230.00 / $262.97
- Shares Outstanding
- 229.32M
- Market Cap
- $54.65B
- Volume/Avg
- 287 / 1M
Key Statistics
- Price/Earnings (Normalized)
- 28.82
- Price/Sales
- 6.69
- Dividend Yield (Trailing)
- 0.56%
- Dividend Yield (Forward)
- 0.57%
- Dividend Payment Schedule
- Mar, Jun, Sep, Dec
- Total Yield
- 1.10%
Company Profile
Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns more than 40 autonomous industrial businesses operating across research, aerospace, energy, medical, and manufacturing. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets it operates in.
- Sector
- Industrials
- Industry
- Specialty Industrial Machinery
- Stock Style Box
- Mid Core
- Total Number of Employees
- 22,500
- Website
- https://www.ametek.com
Competitors
Valuation
Metric | AME | WAT | IEX |
|---|---|---|---|
Price/Earnings (Normalized) | 28.82 | 72.82 | 27.07 |
Price/Book Value | 4.67 | 6.11 | 4.35 |
Price/Sales | 6.69 | 7.21 | 4.81 |
Price/Cash Flow | 26.78 | 29.32 | 22.00 |
Price/Earnings
AME
WAT
IEX
Financial Strength
Metric | AME | WAT | IEX |
|---|---|---|---|
Quick Ratio | 0.76 | 0.94 | 1.81 |
Current Ratio | 1.43 | 1.89 | 2.78 |
Interest Coverage | 18.42 | 1.47 | 12.22 |
Quick Ratio
AME
WAT
IEX
Profitability
Metric | AME | WAT | IEX |
|---|---|---|---|
Return on Assets (Normalized) | 9.55% | 7.19% | 9.40% |
Return on Equity (Normalized) | 15.20% | 11.82% | 16.18% |
Return on Invested Capital (Normalized) | 12.49% | 9.55% | 11.86% |
Return on Assets
AME
WAT
IEX
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United States