Ametek (AME)
NYSE:AME
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Earnings Data
Report Date
Aug 04, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.99Last Year’s EPS
1.78Same Quarter Last Year
Strong Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed materially positive operational and financial momentum: record orders and backlog, double-digit reported sales growth, record EBITDA, robust margin expansion, strong free cash flow conversion, and a raised full-year EPS guide. These strengths were balanced against measured cautions — geopolitical uncertainty (small direct exposure but some delayed shipments), reliance on acquisition-related growth (organic sales +5% vs total +11%), amortization from acquisitions, and tougher comps in certain end markets later in the year. Overall, management presented confidence in execution, continued M&A capacity, and a conservative but raised outlook.Company Guidance
Record Orders and Backlog
Orders were a record $2.2 billion, up 23% year-over-year (organic orders +22%), driving a record backlog of $3.87 billion.
Revenue Growth
First quarter sales were $1.93 billion, up 11% versus Q1 2025. Organic sales increased 5%; acquisitions contributed ~5 percentage points and foreign currency provided a tailwind.
Strong Profitability and Margin Expansion
Operating income was $517 million, up 14% year-over-year; reported operating margin 26.8%. Core operating margin expanded to 27.9%, up 160 basis points versus prior year. EBITDA was a record $620 million, up 11% with a 32.1% EBITDA margin. Diluted EPS was $1.97, up 13% and above prior guidance.
Exceptional Cash Generation and Balance Sheet Strength
Operating cash flow was $452 million (up 8% YoY) and free cash flow was $426 million (up 8% YoY) with free cash flow conversion of 107% for the quarter (guidance 110%–115% for the year). Gross debt-to-EBITDA was 0.9x (net 0.7x), with $481 million in cash and capacity to deploy well over $5 billion while maintaining investment-grade ratings.
Outstanding Segment Performance (EIG and EMG)
Electronic Instruments Group (EIG): sales $1.26 billion (+11% YoY), organic +2%, acquisitions +7 points, organic orders +25%, core margin 31.4% (+40 bps). Electromechanical Group (EMG): sales $664 million (+13% YoY), organic +11%, operating income +33% YoY, core margin 26% (+410 bps).
Raised Full-Year Guidance and Near-Term Outlook
Full-year diluted EPS guidance raised to $7.94–$8.14 (up 7%–10% vs prior year), up from previous $7.87–$8.07. Company expects full-year sales to be up high single digits and organic sales to increase mid-single digits. Q2 adjusted EPS guide $1.96–$2.00 (up 10%–12%).
Strategic Wins, Innovation and Product Traction
Broad-based large orders across defense, space, power and semiconductor markets (e.g., Abaco win for semiconductor capital equipment). RTDS launched updated power simulation platform resulting in new data center orders. AMETEK Sensors & Fluid Management Systems supplied thin-film pressure transducers for the ARTEMIS 2 mission. Vitality index (sales from products introduced in last 3 years) was 25%.
Disciplined Capital Allocation and Active M&A
Signed definitive agreement to acquire First Aviation Services (≈$80 million annual sales) to expand defense MRO capabilities. Company prioritized acquisitions, retains capacity to deploy >$5 billion, and increased quarterly dividend 10% to $0.34 (seventh consecutive year of 10%+ increases). Management plans ~$100 million incremental investment in RD&E and sales & marketing in 2026.
AME Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AME Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 30, 2026 | $227.87 | $235.50 | +3.35% |
Feb 03, 2026 | $227.36 | $228.56 | +0.53% |
Oct 30, 2025 | $183.61 | $197.70 | +7.67% |
Jul 31, 2025 | $175.92 | $183.97 | +4.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ametek (AME) report earnings?
Ametek (AME) is schdueled to report earning on Aug 04, 2026, Before Open (Confirmed).
What is Ametek (AME) earnings time?
Ametek (AME) earnings time is at Aug 04, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AME EPS forecast?
AME EPS forecast for the fiscal quarter 2026 (Q2) is 1.99.
