AMETEK, Inc.
184.19-0.91 (-0.49%)
Oct 29, 4:00:02 PM EDT · NYSE · AME · USD
Key Stats
Market Cap
42.54BP/E (TTM)
29.66Basic EPS (TTM)
6.21Dividend Yield
0.01%Recent Filings
8-K
Record Q2 results, raised guidance
AMETEK reported record Q2 2025 sales of $1.78 billion, up 2.5% from last year, with operating income rising 3% to $461.6 million and adjusted EPS climbing 7% to $1.78 amid economic uncertainty. The Electromechanical Group shone brightest, boosting sales 6% to $618.5 million and margins to 23.3%. It raised full-year adjusted EPS guidance to $7.06-$7.20, factoring in the FARO Technologies acquisition. Trade disputes pose ongoing risks.
10-Q
Q2 FY2025 results
AMETEK posted record Q2 sales of $1.78B, up 2.5% y/y, driven by acquisitions and a 1% currency tailwind, while EMG surged 6.4% organically but EIG dipped 3%. Operating income climbed 3.2% y/y to $462M with margins edging to 26.0%, thanks to Operational Excellence gains offsetting acquisition dilution. Diluted EPS rose 6.9% y/y to $1.55, aligning with 231M shares. Cash swelled to $620M on $777M operating cash flow, yielding $724M free cash flow after $52M capex; total debt fell to $1.94B with $2.22B revolver availability. Kern closed in January 2025 for $104M cash (net), adding $55M goodwill and $50M finite-lived intangibles amortized over 17 years. Acquisitions fuel growth. Tariffs pose supply chain risks.
8-K
AMETEK closes FARO acquisition
AMETEK completed its acquisition of FARO Technologies on July 21, 2025, for $44.00 per share in cash, totaling approximately $920 million net of cash acquired. FARO, with $340 million in annual sales, bolsters AMETEK's precision measurement capabilities in the Ultra Precision Technologies Division. Integration risks loom, yet the deal expands into 3D metrology markets. This acquisition fits AMETEK's strategic growth model.
8-K
AMETEK annual meeting results
AMETEK stockholders convened their annual meeting on May 7, 2025, electing Dean Seavers and David A. Zapico to the board for terms ending in 2028, with Seavers drawing 179.9 million for votes amid 20.2 million against. They advisory approved executive compensation, securing 187.9 million for votes over 12.0 million against, while ratifying Ernst & Young as auditors for 2025 with 193.2 million in favor. Votes signal strong governance alignment. No major disruptions noted.
8-K
AMETEK acquires FARO for $920M
AMETEK announced a definitive agreement on May 6, 2025, to acquire all outstanding shares of FARO Technologies for $44 per share in cash, valuing the deal at an enterprise value of approximately $920 million—a 40% premium to FARO's prior close. This bolsters AMETEK's Ultra Precision Technologies division with FARO's 3D metrology solutions, targeting growth in precision manufacturing while complementing its Creaform unit for margin gains. Closing awaits shareholder and regulatory nods, slated for the second half of 2025. Integration risks loom large.
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