AMETEK, Inc.

AME
Sector

Industrials

Industry

Specialty Industrial Machinery

Market Cap

$41.81B

Employees

21.5K

Company Overview

AMETEK, Inc. is a global manufacturer of electronic instruments and electromechanical devices. The company operates through two segments: Electronic Instruments (EIG) and Electromechanical (EMG). EIG is a leader in advanced instruments for process, power, industrial, and aerospace markets, while EMG offers precision motion control, thermal management, and specialty metal solutions. AMETEK has a significant market share in targeted niche markets and a global presence with operations in North America, Europe, Asia, and South America.

Filing Highlights

Key insights and themes extracted from this filing

10 Themes

Financial Performance

3 Insights

Net sales reached $1,736.2 million, a $139.1 million or 8.7% increase YoY, primarily due to a 9% contribution from acquisitions. Organic sales showed a more modest increase.

Operating margins decreased to 25.6% from 26.9% YoY, impacted by $29.2 million in integration costs related to the Paragon acquisition and the dilutive effect of recent acquisitions. Excluding these factors, operating margins increased by 180 basis points.

Net income increased by 1.7% YoY to $310.9 million, while diluted earnings per share rose by 1.5% to $1.34. This minimal growth in EPS is due to the dilutive effects of recent acquisitions.

Growth & Strategy

3 Insights

Management Execution

3 Insights

Risk Factors

3 Insights

Competitive Position

3 Insights

Operational Efficiency

3 Insights

Innovation & Technology

3 Insights

Capital Allocation

3 Insights

ESG initiatives

3 Insights

Market Environment

3 Insights