AMETEK, Inc.
Rank #401Capital ReturnAME · NYSE · Industrials
AMETEK, Inc. (AME) — Rank #401 by gross profitability (GP/assets 0.16) · ROE 13.1% · Piotroski F-Score 6 / 9.
As-of 2026-09-15 · CIK 0001037868 · all metrics point-in-time as of the filing date.
About
AMETEK, Inc. manufactures and sells electronic instruments (EIG) and electromechanical (EMG) devices in the United States and internationally.
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It operates through EIG and EMG segments. The company offers advanced instruments for the process, aerospace, power, and industrial markets; process and analytical instruments for the oil and gas, petrochemical, pharmaceutical, semiconductor, automation, and food and beverage industries; instruments to the laboratory equipment, ultra-precision manufacturing, medical, and test and measurement markets; power quality monitoring and metering devices, uninterruptible power supplies, programmable power and electromagnetic compatibility test equipment, and gas turbines sensors; dashboard instruments for heavy trucks and other vehicles; instrumentation and controls for food and beverage industries; and aircraft and engine sensors, embedded computing, monitoring, power supplies, fuel and fluid measurement, and data acquisition systems for aerospace and defense industry. It also provides engineered medical components and devices, automation solutions, thermal management systems, specialty metals, and electrical interconnects; single-use and consumable surgical instruments, implantable components, and drug delivery systems; engineered electrical connectors and electronics packaging; precision motion control products for data storage, medical devices, business equipment, automation, and other application; high-purity powdered metals, strips and foils, specialty clad metals, and metal matrix composites; motor-blower systems and heat exchangers for thermal management, military and commercial aircraft, and military ground vehicles; and motors used in commercial appliances, food and beverage machines, hydraulic pumps, and industrial blowers, as well as operates a network of aviation maintenance, repair, and overhaul facilities. AMETEK, Inc.
was incorporated in 1930 and is headquartered in Berwyn, Pennsylvania.
- Industry
- Specialty Industrial Machinery
- Sector
- Industrials
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- ametek.com
Price History
Company Snapshot
P/E and reverse DCF are the primary valuation lenses at this stage.
Market Cap
$53.49B
P/E (annual)
36.5
P/S (annual)
7.2
P/B
4.8
P/OCF (annual)
29.7
Shareholder Yield
0.9%
Employees
22,500
Industry
Specialty Industrial Machinery
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
2/2 passTerry Smith quality gate
Passes 2/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
14.2%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Buyback tailwind: -0.4% — per-share value needs a total required return of 13.8% once share-count change is priced in.
vs. own 6-year median revenue growth: 5.9%
priced above its own historyCost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
9.5%
r = 10% (base)
14.2%
r = 12%
18.3%
Net debt / market cap: 2.9%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Earnings bubble check
Current margins may be above sustainable levels — a P/E based on peak earnings can overstate cheapness.
FCF yield, shareholder yield, and buyback activity are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.16
Primary signal (Novy-Marx).
6th pctl of 37 SIC 38 peers
Return on equity
13.1%
Gross margin
36.0%
17th pctl of 37 SIC 38 peers
Revenue growth (YoY)
6.6%
RPO growth (YoY)
15.8%
Remaining performance obligations growth — RPO > revenue = forward demand building.
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Growth
Revenue CAGR (3Y)
6.4%
Revenue CAGR (5Y)
—
Earnings CAGR (3Y)
8.5%
FCF CAGR (3Y)
—
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.47
79th pctl of 35 SIC 38 peers (best = lowest)
Current ratio
1.21×
0th pctl of 36 SIC 38 peers
Quick ratio
0.63×
Net cash
-$1.54B
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$1.67B
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
0.13
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.6%
Stock-based comp intensity.
Dividend safety
Composite score
3.8 / 5
Piotroski F-Score
F-Score
6 / 9
Fundamental-strength score (0-9).