AME
AMETEK, Inc.201.78
-1.41-0.69%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '25
Granular growth, M&A color
Q&A delivered granular 2026 organic growth color: process low single digits off Q4 positivity, aerospace/defense high single, power and automation mid single—balanced geographically with China up low double digits. Pricing power affirmed to offset inflation and tariffs again, with spreads positive like Q4's 50bps edge. FARO synergies on track to double EBITDA margins to 30% over years; M&A pipeline richer in chunky deals, $5B deployable. No prebuy signals; short-cycle momentum feels substantive yet guide prudent. EMG margins rebound to mid-20s. Pipeline bursts with chunky deals. Watch process inflection, integrations.
Key Stats
Market Cap
46.60BP/E (TTM)
31.83Basic EPS (TTM)
6.34Dividend Yield
0.01%Recent Filings
10-K
FY2025 results
AMETEK posted record FY2025 sales of $7.4B, up 6.6% y/y from $6.9B, driven by 4% acquisitions, 2% organic growth, and 1% FX tailwind; diluted EPS hit $6.40, up 7.9%. EIG sales rose 5.6% to $4.9B yet margins slipped to 29.4% from dilutive acquisitions, while EMG surged 8.8% to $2.5B with margins expanding to 23.3% from 20.0% via organic gains and Operational Excellence. Orders jumped 11.3% to $7.6B, backlog hit $3.6B. Q4 saw $443M share repurchases and $275M debt maturities, leaving $1.5B revolver capacity and $458M cash. No annual guidance disclosed. Cyclical markets could stall quarterly momentum.
8-K
10% dividend increase approved
8-K
Record results, LKC acquisition
AMETEK posted record Q4 sales of $2.0B, up 13%, with adjusted EPS at $2.01, up 7%, fueled by organic growth and acquisitions. Full-year sales hit $7.4B, adjusted EPS $7.43. It snapped up LKC Technologies to bolster EIG's ophthalmic offerings alongside Reichert. 2026 sales eye mid-to-high single digits; adjusted EPS $7.87-$8.07.
8-K
Controller retires; successor named
AMETEK announced Thomas M. Montgomery's retirement as Senior Vice President, Controller and Principal Accounting Officer effective January 1, 2026, after 42 years, transitioning to Senior Advisor through year-end. Robert J. Amodei, 58, a 36-year veteran, steps into the role, while Scott M. DelOrefice assumes Vice President, Group Controller for the Electromechanical Group. Internal promotions signal deep bench strength. Smooth handover ahead.
8-K
Record Q3, raised guidance
AMETEK posted record Q3 sales of $1.89B, up 11% year-over-year, with adjusted EPS hitting $1.89, up 14%. EIG sales rose 10% to $1.25B; EMG surged 13% to $646.3M, margins expanding 250 basis points to 25.4%. Full-year adjusted EPS guidance lifted to $7.32-$7.37, up 7-8%. Acquisitions weighed on margins, yet growth persists.
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