AMETEK INC/ (AME) Form 10-Q — Aug 4, 2026
AMETEK posted record second-quarter 2026 results: net sales of $2,044.4 million rose 15.0% year over year (10% organic), net income hit a record $406.9 million (+13.5%), and diluted EPS reached a record $1.77 (+14.2%). Orders grew 28.2% to a record $2,284.0 million and backlog climbed to a record $4,110.2 million. Both segments contributed: EMG delivered record sales of $723.2 million, up 16.9%, with operating margins expanding to 26.2% from 23.3%, while EIG grew 13.9% to $1,321.2 million. Excluding acquisition dilution and $16.2 million of integration costs, segment margins expanded 140 basis points on Operational Excellence initiatives.
Key figures
- Eps
- 1.77
- Revenue
- 2044397000
- Net Income
- 406896000
- Revenue Yoy
- 15.0% (Q2 2026 vs Q2 2025; 10% organic, 5% from acquisitions)
- Total Assets
- 16594713000
- Cash Position
- 495446000
- Shares Outstanding
- 229261244
- Backlog
- record $4,110.2 million, +14.8% vs Dec 31, 2025
- Ebitda h1
- 1245700000
- Q2 orders
- record $2,284.0 million, +28.2% YoY
- Debt to capital
- 15.3% (vs 17.7% at Dec 31, 2025)
- H1 2026 revenue
- 3972834000
- Free cash flow h1
- 877700000
- H1 2026 net income
- 806253000
- Indicor deal value
- approximately $5.0 billion all-cash
- Term loan facility
- up to $4.0 billion in three tranches ($1.625B 3-yr, $1.625B 4-yr, $750M 5-yr)
- H1 2026 diluted eps
- 3.51
- Interest expense q2
- 30101000
- Acquisition spend h1
- 424500000
- Indicor annual sales
- approximately $1.1 billion
- Revolver commitments
- $3.5 billion, extended to June 9, 2031
- Effective tax rate q2
- 17.4%
- Operating cash flow h1
- 935210000
- Emg operating margin q2
- 26.2% (vs 23.3% prior year)
- Q2 segment operating margin
- 27.3% (vs 27.5% prior year; +140 bps ex-acquisition dilution)
- Commercial paper outstanding
- 545000000
- Quarterly dividend per share
- 0.34
- Buyback authorization remaining
- 798896645
Price after filing
Close on the filing date to close N calendar days later (from $240.01). Historical, not a forecast.
AI analysis
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