Ametek manufactures electronic instruments and electromechanical devices for niche industrial markets. Its products include analytical and test instruments, sensors, precision motion control, specialty metals and components for aircraft, medical, semiconductor, power and process industries. Operations are divided between an electronic instruments group and an electromechanical group, and customers are manufacturers, laboratories, aerospace and defence companies and equipment makers.
The company earns money from instruments, components and associated aftermarket parts and service, often specified into its customers' own equipment. Sales were $7.9 billion over the last twelve months, with growth of 6.4% a year across the last three years. The operating margin is 25.9%, and the business earns a profit of 13% on the capital invested in it. Net debt is 0.7 times EBITDA. A dividend is paid, with a yield of 0.5%. On the site's X-Ray Score it receives 48 out of 100.
Written with AI from public information and the filing figures on this page, then checked automatically for unsupported numbers. It can contain mistakes: read the company's own filings below before relying on it.
52-wk range $181.76 – $260.78Volume 1,568,700Daily, split-adjusted
Vitals
Market cap$57.0B
52-week range$181.76 – $260.78
Volume (last day)1,568,700
P/E (TTM)36.3
EBIT / EV yield3.5%
Free-cash-flow yield3.2%
Dividend yield0.5%
Revenue (TTM)$7.9B
Net income (TTM)$1.6B
Operating margin25.9%
Return on capital12.9%
Debt incl. leases$2.3B
Cash & securities$495M
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies like Apple). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$177model spread $171 – $184
Overvalued−28.5% to fair value
Equal blend of three models: peer multiples, a fundamentals-adjusted multiple (growth, ROIC and margin) and a 10-year DCF scaled to the market's average. Earnings-power value (no growth) is a floor and not part of the blend. Model uncertainty is Medium, so the safety margin is 30%.
A model estimate, not a price target or recommendation. Inputs: risk-free 5.09%, equity risk premium 4.23% (Damodaran). How it works.
What this means
Average business, priced high
Our models put fair value below today's price, so a lot of good news may already be in the price. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Industrials peers. Open a lens to see the numbers behind it.
ValuationWeak
23/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield3.5%
Free-cash-flow yield3.2%
Fair value vs price0.7×
GrowthFair
58/100
Growing at a typical pace for its sector.
See the numbers →
Revenue growth (3y)6.4%
EPS growth (3y)8.5%
Growth consistency90%
ProfitabilityWeak
49/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital12.9%
Operating margin25.9%
Gross profitability17.2%
Financial healthFair
59/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score6 / 9
Net debt / EBITDA0.7×
Interest cover21.1×
DividendsFair
60/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.5%
Dividends vs free cash flow17%
Dividend growth12.2%
Quarterly results: last 6 quarters
-0.2%Mar '25
+2.5%Jun '25
+10.8%Sep '25
+13.4%Dec '25
+11.3%Mar '26
+15.0%Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.0B, diluted EPS $1.77.
Other Electrical Components & Equipment companies by X-Ray Score.
Fundamentals checklist
● 3 Good · ● 9 Average · ● 4 Bad
Cash quality
Earnings backed by cashAverage
Free-cash-flow yieldBad
Risk models
Altman Z''Good
Piotroski F-ScoreAverage
Growth
EPS growth (3y)Average
Free-cash-flow growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDAGood
Interest coverAverage
Valuation
Fair value vs priceBad
EBIT / EV yieldBad
Profitability
Return on invested capitalAverage
Operating marginGood
Gross profitabilityBad
Each check is graded against the company's sector, not a fixed number. Checklist score 45/100.
Financials
FY21
FY22
FY23
FY24
FY25
Revenue
$5.5B
$6.2B
$6.6B
$6.9B
$7.4B
Operating income
$1.3B
$1.5B
$1.7B
$1.8B
$1.9B
Net income
$990M
$1.2B
$1.3B
$1.4B
$1.5B
Operating cash flow
$1.2B
$1.1B
$1.7B
$1.8B
$1.8B
Operating margin
23.6%
24.4%
25.9%
25.6%
25.8%
Free cash flow
$1.0B
$1.0B
$1.6B
$1.7B
$1.7B
Diluted EPS
$4.25
$5.01
$5.67
$5.93
$6.40
Fiscal years, from SEC filings.
Technical summary
Daily
Bullish
9 bullish · 4 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
SMA 10
249.4
Bearish
EMA 10
248.7
Bearish
SMA 20
248.9
Bearish
EMA 20
247.5
Bullish
SMA 50
244.6
Bullish
EMA 50
244.3
Bullish
SMA 100
239.6
Bullish
EMA 100
239.8
Bullish
SMA 200
231.9
Bullish
EMA 200
230.0
Bullish
Oscillators (daily)
RSI (14)
52.92
Neutral
MACD (12, 26)
1.80
Bullish
Momentum (12)
0.18
Bullish
Stochastic %K (14)
45.77
Neutral
Williams %R (14)
-54.23
Neutral
CCI (20)
3.38
Neutral
Pivot points (classic, last session)
S3
240.3
S2
243.4
S1
245.8
Pivot
248.8
R1
251.3
R2
254.3
R3
256.7
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
1.33 USD
Yield on today's price
0.54%
Frequency
Quarterly
Next ex-dividend date
Not announced
Ex-dividend date
Amount per share
15 Sep 2026
0.3400
15 Jun 2026
0.3400
16 Mar 2026
0.3400
5 Dec 2025
0.3100
15 Sep 2025
0.3100
13 Jun 2025
0.3100
14 Mar 2025
0.3100
6 Dec 2024
0.2800
16 Sep 2024
0.2800
14 Jun 2024
0.2800
7 Mar 2024
0.2800
7 Dec 2023
0.2500
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.