NYSE : AME
AMETEK, Inc. — Financial statements
Industrials · Specialty Industrial Machinery · United States
Last price 251.78 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 57.72B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
AMETEK, Inc. (AME) reported revenue of 7.86B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 7.86B | 7.40B | 6.94B | 6.60B | 6.15B | 5.55B |
| Cost of Revenue | 4.96B | 4.71B | 4.44B | 4.21B | 4.01B | 3.63B |
| Gross Profit | 2.90B | 2.69B | 2.51B | 2.38B | 2.15B | 1.91B |
| Selling, General & Admin | 821.73M | 757.12M | 696.90M | 677.01M | 644.58M | 603.94M |
| Operating Expenses | 821.73M | 757.12M | 696.90M | 677.01M | 644.58M | 603.94M |
| Operating Income | 2.08B | 1.94B | 1.81B | 1.71B | 1.50B | 1.31B |
| Interest Expense | -86.41M | -81.25M | -112.96M | -81.80M | -83.19M | -80.38M |
| Interest & Investment Income | 6.70M | 6.70M | 6.80M | 12.00M | 1.00M | 2.00M |
| Other Non Operating Income (Expenses) | -28.41M | -25.42M | -11.86M | -31.25M | 6.60M | -13.47M |
| EBT Excluding Unusual Items | 1.97B | 1.84B | 1.69B | 1.61B | 1.43B | 1.22B |
| Merger & Restructuring Charges | -65.10M | -37.30M | -29.20M | |||
| Gain (Loss) on Sale of Assets | 3.58M | 6.35M | ||||
| Pretax Income | 1.91B | 1.80B | 1.66B | 1.61B | 1.43B | 1.22B |
| Income Tax Expense | 331.03M | 318.20M | 285.42M | 293.22M | 269.15M | 233.12M |
| Net Income | 1.58B | 1.48B | 1.38B | 1.31B | 1.16B | 990.05M |
| Net Income to Common | 1.58B | 1.48B | 1.38B | 1.31B | 1.16B | 990.05M |
| Shares Outstanding (Basic) | 229.58M | 230.45M | 231.26M | 230.52M | 230.21M | 230.96M |
| Shares Outstanding (Diluted) | 230.43M | 231.26M | 232.17M | 231.51M | 231.54M | 232.81M |
| EPS (Basic) | 6.87 | 6.42 | 5.95 | 5.70 | 5.04 | 4.29 |
| EPS (Diluted) | 6.84 | 6.40 | 5.93 | 5.67 | 5.01 | 4.25 |
| Free Cash Flow | 1.82B | 1.67B | 1.70B | 1.60B | 1.01B | 1.05B |
| Free Cash Flow Per Share | 7.92 | 7.23 | 7.33 | 6.91 | 4.36 | 4.51 |
| Dividend Per Share | 1.30 | 1.24 | 1.12 | 1.00 | 0.88 | 0.80 |
| Gross Margin | 36.91% | 36.38% | 36.10% | 36.14% | 34.88% | 34.48% |
| Operating Margin | 26.46% | 26.15% | 26.06% | 25.88% | 24.40% | 23.59% |
| Profit Margin | 20.04% | 20.00% | 19.83% | 19.91% | 18.85% | 17.85% |
| Free Cash Flow Margin | 23.21% | 22.59% | 24.52% | 24.24% | 16.43% | 18.93% |
| EBITDA | 2.50B | 2.36B | 2.19B | 2.05B | 1.82B | 1.60B |
| EBITDA Margin | 31.80% | 31.87% | 31.57% | 31.00% | 29.59% | 28.86% |
| D&A For EBITDA | 420.16M | 422.80M | 382.93M | 337.64M | 319.43M | 292.11M |
| EBIT | 2.08B | 1.94B | 1.81B | 1.71B | 1.50B | 1.31B |
| EBIT Margin | 26.46% | 26.15% | 26.06% | 25.88% | 24.40% | 23.59% |
| Effective Tax Rate | 17.36% | 17.69% | 17.18% | 18.25% | 18.84% | 19.06% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 495.45M | 457.95M | 374.00M | 409.80M | 345.39M | 346.77M |
| Cash & Short-Term Investments | 495.45M | 457.95M | 374.00M | 409.80M | 345.39M | 346.77M |
| Receivables | 1.22B | 1.17B | 985.93M | 1.07B | 960.34M | 924.49M |
| Inventory | 1.20B | 1.11B | 1.02B | 1.13B | 1.04B | 769.17M |
| Other Current Assets | 316.07M | 283.53M | 221.39M | 212.16M | 178.05M | 88.33M |
| Total Current Assets | 3.23B | 3.02B | 2.60B | 2.82B | 2.53B | 2.13B |
| Property, Plant & Equipment | 1.11B | 1.13B | 1.05B | 1.12B | 805.94M | 787.06M |
| Long-Term Investments | 8.79M | 8.20M | 9.12M | 11.92M | 9.86M | 10.70M |
| Goodwill | 7.42B | 7.17B | 6.56B | 6.45B | 5.37B | 5.24B |
| Other Intangible Assets | 4.19B | 4.13B | 3.92B | 4.17B | 3.34B | 3.37B |
| Long-Term Deferred Tax Assets | 74.29M | 50.87M | 27.00M | |||
| Other Long-Term Assets | 639.73M | 611.98M | 493.69M | 378.69M | 321.75M | 337.30M |
| Total Assets | 16.59B | 16.07B | 14.63B | 15.02B | 12.43B | 11.90B |
| Accounts Payable | 647.16M | 617.95M | 523.33M | 516.59M | 497.13M | 470.25M |
| Accrued Expenses | 398.11M | 239.92M | 202.60M | 228.39M | 213.48M | 205.99M |
| Current Portion of Long-Term Debt | 980.63M | 1.21B | 654.35M | 1.42B | 226.08M | 315.09M |
| Current Portion of Leases | 61.83M | 61.13M | 54.74M | 61.05M | 46.37M | 47.35M |
| Current Income Taxes Payable | 73.60M | 82.68M | 84.43M | 69.57M | 48.17M | 35.90M |
| Current Unearned Revenue | 453.62M | 396.18M | 363.56M | 375.51M | 357.67M | 298.73M |
| Other Current Liabilities | 43.64M | 235.92M | 215.59M | 213.55M | 175.30M | 189.99M |
| Total Current Liabilities | 2.66B | 2.84B | 2.10B | 2.88B | 1.56B | 1.56B |
| Long-Term Debt | 1.06B | 1.07B | 1.43B | 1.90B | 2.16B | 2.23B |
| Long-Term Leases | 212.94M | 227.07M | 190.02M | 182.44M | 129.23M | 129.10M |
| Long-Term Unearned Revenue | 49.40M | 52.70M | 37.10M | 57.30M | 41.00M | 30.10M |
| Long-Term Deferred Tax Liabilities | 874.22M | 788.91M | 831.03M | 836.70M | 694.27M | 719.67M |
| Other Long-Term Liabilities | 483.24M | 452.99M | 393.76M | 438.91M | 366.98M | 354.96M |
| Total Liabilities | 5.33B | 5.44B | 4.98B | 6.29B | 4.95B | 5.03B |
| Common Stock | 2.73M | 2.73M | 2.72M | 2.71M | 2.70M | 2.69M |
| Additional Paid-In Capital | 1.34B | 1.32B | 1.26B | 1.17B | 1.09B | 1.01B |
| Retained Earnings | 12.90B | 12.25B | 11.06B | 9.94B | 8.86B | 7.90B |
| Treasury Stock | -2.54B | -2.54B | -2.11B | -1.90B | -1.90B | -1.57B |
| Comprehensive Income & Other | -444.77M | -399.22M | -555.74M | -484.94M | -574.95M | -470.44M |
| Shareholders' Equity | 11.26B | 10.63B | 9.66B | 8.73B | 7.48B | 6.87B |
| Total Liabilities & Equity | 16.59B | 16.07B | 14.63B | 15.02B | 12.43B | 11.90B |
| Total Debt | 2.31B | 2.57B | 2.32B | 3.56B | 2.56B | 2.72B |
| Net Cash (Debt) | -1.82B | -2.11B | -1.95B | -3.15B | -2.22B | -2.37B |
| Net Cash Per Share | -7.88 | -9.14 | -8.40 | -13.59 | -9.57 | -10.20 |
| Filing Date Shares Outstanding | 229.26M | 228.98M | 230.66M | 231.01M | 230.09M | 231.70M |
| Total Common Shares Outstanding | 229.26M | 229.04M | 230.70M | 230.93M | 230.05M | 231.66M |
| Working Capital | 568.20M | 177.09M | 504.44M | -57.91M | 963.86M | 565.45M |
| Book Value Per Share | 49.12 | 46.41 | 41.85 | 37.80 | 32.50 | 29.66 |
| Tangible Book Value | -349.15M | -670.38M | -815.75M | -1.88B | -1.24B | -1.74B |
| Tangible Book Value Per Share | -1.52 | -2.93 | -3.54 | -8.15 | -5.38 | -7.49 |
| Land | 69.75M | 67.64M | 67.19M | 55.91M | 41.71M | |
| Buildings | 493.27M | 449.31M | 455.01M | 365.68M | 344.00M | |
| Machinery | 1.57B | 1.44B | 1.48B | 1.20B | 1.15B | |
| Order Backlog | 3.58B | 3.40B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 1.58B | 1.48B | 1.38B | 1.31B | 1.16B | 990.05M |
| Depreciation & Amortization | 420.16M | 422.80M | 382.93M | 337.64M | 319.43M | 292.11M |
| Loss (Gain) From Sale of Assets | -91.00K | -995.00K | -120.00K | -10.64M | -6.35M | |
| Stock-Based Compensation | 49.05M | 47.77M | 47.86M | 46.20M | 47.38M | 46.10M |
| Other Operating Activities | -68.18M | -88.24M | -43.74M | -104.39M | -99.86M | -36.08M |
| Change in Accounts Receivable | -55.16M | -55.16M | 53.49M | 8.45M | -86.71M | -172.79M |
| Change in Inventory | -26.78M | -26.78M | 73.00M | 56.62M | -322.47M | -129.59M |
| Change in Accounts Payable | -51.44M | -51.44M | -18.48M | 10.43M | 95.48M | 212.10M |
| Change in Other Net Operating Assets | 116.41M | 72.76M | -41.33M | 67.28M | 47.23M | -35.10M |
| Operating Cash Flow | 1.96B | 1.80B | 1.83B | 1.74B | 1.15B | 1.16B |
| Capital Expenditures | -135.39M | -130.25M | -127.08M | -136.25M | -139.00M | -110.67M |
| Sale of Property, Plant & Equipment | 200.00K | 4.25M | 880.00K | 11.75M | 2.34M | |
| Cash Acquisitions | -1.25B | -933.24M | -117.51M | -2.24B | -429.71M | -1.96B |
| Divestitures | 3.73M | 12.00M | ||||
| Other Investing Activities | 472.00K | 520.00K | -4.46M | -3.15M | 471.00K | -294.00K |
| Investing Cash Flow | -1.39B | -1.06B | -244.81M | -2.38B | -552.76M | -2.06B |
| Short-Term Debt Issued | 521.34M | 892.28M | 243.62M | |||
| Total Debt Issued | 521.34M | 521.34M | 892.28M | 243.62M | ||
| Short-Term Debt Repaid | -889.74M | -73.69M | ||||
| Long-Term Debt Repaid | -514.94M | -300.00M | -59.72M | |||
| Total Debt Repaid | -470.98M | -514.94M | -1.19B | -73.69M | -59.72M | |
| Net Debt Issued (Repaid) | 50.37M | 6.40M | -1.19B | 892.28M | -73.69M | 183.90M |
| Issuance of Common Stock | 44.84M | 36.38M | 66.87M | 50.85M | 49.94M | 60.30M |
| Repurchase of Common Stock | -444.03M | -434.05M | -212.03M | -7.77M | -332.82M | -14.71M |
| Common Dividends Paid | -298.04M | -285.35M | -258.78M | -230.33M | -202.17M | -184.59M |
| Other Financing Activities | -38.16M | -9.71M | -8.78M | -7.75M | -16.95M | -5.55M |
| Financing Cash Flow | -685.02M | -686.32M | -1.60B | 697.28M | -575.70M | 39.34M |
| Foreign Exchange Rate Adjustments | -11.05M | 31.28M | -17.39M | 8.27M | -22.30M | -10.00M |
| Net Cash Flow | -124.27M | 83.95M | -35.80M | 64.42M | -1.39M | -866.05M |
| Free Cash Flow | 1.82B | 1.67B | 1.70B | 1.60B | 1.01B | 1.05B |
| Free Cash Flow Margin | 23.21% | 22.59% | 24.52% | 24.24% | 16.43% | 18.93% |
| Free Cash Flow Per Share | 7.92 | 7.23 | 7.33 | 6.91 | 4.36 | 4.51 |
| Levered Free Cash Flow | 1.49B | 1.35B | 1.54B | 1.14B | 803.95M | 825.06M |
| Unlevered Free Cash Flow | 1.55B | 1.40B | 1.61B | 1.19B | 855.94M | 875.30M |
| Cash Interest Paid | 77.50M | 77.50M | 113.90M | 66.30M | 80.20M | 78.70M |
| Cash Income Tax Paid | 404.16M | 404.16M | 300.23M | 334.85M | 299.30M | 245.50M |
| Change in Working Capital | -16.96M | -60.62M | 66.67M | 142.79M | -266.47M | -125.39M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 55.28B | 47.26B | 41.70B | 38.06B | 32.09B | 34.01B |
| Enterprise Value | 57.09B | 49.57B | 43.86B | 39.54B | 34.30B | 36.48B |
| Last Close Price | 241.12 | 204.38 | 178.24 | 162.02 | 136.38 | 142.55 |
| PE Ratio | 35.25 | 31.93 | 30.30 | 28.98 | 27.67 | 34.36 |
| Forward PE | 27.14 | 26.23 | 24.96 | 24.79 | 23.73 | 27.99 |
| PS Ratio | 7.03 | 6.39 | 6.01 | 5.77 | 5.22 | 6.13 |
| PB Ratio | 4.91 | 4.45 | 4.32 | 4.36 | 4.29 | 4.95 |
| P/FCF Ratio | 30.29 | 28.28 | 24.50 | 23.80 | 31.76 | 32.40 |
| P/OCF Ratio | 28.20 | 26.23 | 22.80 | 21.93 | 27.92 | 29.31 |
| PEG Ratio | 2.16 | 2.74 | 2.67 | 2.59 | 2.22 | 2.64 |
| EV/Sales Ratio | 7.26 | 6.70 | 6.32 | 5.99 | 5.58 | 6.58 |
| EV/EBITDA Ratio | 22.83 | 21.02 | 20.01 | 19.34 | 18.85 | 22.79 |
| EV/EBIT Ratio | 27.44 | 25.61 | 24.25 | 23.16 | 22.86 | 27.88 |
| EV/FCF Ratio | 31.29 | 29.66 | 25.77 | 24.73 | 33.95 | 34.75 |
| Debt / Equity Ratio | 0.20 | 0.24 | 0.24 | 0.41 | 0.34 | 0.40 |
| Debt / EBITDA Ratio | 0.89 | 1.05 | 1.02 | 1.68 | 1.35 | 1.63 |
| Debt / FCF Ratio | 1.27 | 1.54 | 1.37 | 2.22 | 2.53 | 2.59 |
| Net Debt / Equity Ratio | 0.16 | 0.20 | 0.20 | 0.36 | 0.30 | 0.34 |
| Net Debt / EBITDA Ratio | 0.73 | 0.90 | 0.89 | 1.54 | 1.22 | 1.48 |
| Net Debt / FCF Ratio | 0.99 | 1.26 | 1.15 | 1.97 | 2.19 | 2.26 |
| Asset Turnover | 0.49 | 0.48 | 0.47 | 0.48 | 0.51 | 0.50 |
| Inventory Turnover | 4.30 | 4.42 | 4.12 | 3.87 | 4.42 | 5.47 |
| Quick Ratio | 0.65 | 0.57 | 0.65 | 0.51 | 0.83 | 0.81 |
| Current Ratio | 1.21 | 1.06 | 1.24 | 0.98 | 1.62 | 1.36 |
| Return on Equity (ROE) | 14.56% | 14.59% | 14.97% | 16.20% | 16.16% | 15.44% |
| Return on Assets (ROA) | 8.16% | 7.88% | 7.62% | 7.77% | 7.71% | 7.35% |
| Return on Invested Capital (ROIC) | 13.24% | 13.09% | 12.76% | 12.94% | 12.86% | 12.79% |
| Return on Capital Employed (ROCE) | 14.90% | 14.60% | 14.40% | 14.10% | 13.80% | 12.70% |
| Earnings Yield | 2.84% | 3.13% | 3.30% | 3.45% | 3.61% | 2.91% |
| FCF Yield | 3.30% | 3.54% | 4.08% | 4.20% | 3.15% | 3.09% |
| Dividend Yield | 0.56% | 0.60% | 0.62% | 0.61% | 0.63% | 0.55% |
| Payout Ratio | 19.88% | 19.28% | 18.80% | 17.54% | 17.44% | 18.64% |
| Buyback Yield / Dilution | 0.61% | 0.39% | -0.29% | 0.01% | 0.55% | -0.72% |
| Total Shareholder Return | 1.17% | 0.99% | 0.34% | 0.62% | 1.18% | -0.17% |