Ametek Inc (AME) financial statements: income statement, balance sheet and cash flow

Ametek Inc's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Ametek Inc reported revenue of $7.4B (+6.6% year on year) and net income of $1.5B (+7.6% year on year).

Income statement

Ametek Inc income statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net sales	$7.4B	$6.9B	$6.6B	$6.2B
Cost of sales	$4.7B	$4.5B	$4.2B	$4.0B
Selling, general and administrative	$757.1M	$696.9M	$677.0M	$644.6M
Total operating expenses	$5.5B	$5.2B	$4.9B	$4.6B
Operating income	$1.9B	$1.8B	$1.7B	$1.5B
Interest expense	($81.3M)	($113.0M)	($81.8M)	($83.2M)
Other (expense) income, net	($30.7M)	($5.1M)	($19.3M)	$11.2M
Income before Income Taxes	$1.8B	$1.7B	$1.6B	$1.4B
Provision for income taxes	$318.2M	$285.4M	$293.2M	$269.1M
Net income	$1.5B	$1.4B	$1.3B	$1.2B
Basic earnings per share (in USD per share)	$6.42	$5.95	$5.70	$5.04
Diluted earnings per share (in USD per share)	$6.40	$5.93	$5.67	$5.01
Basic shares (in shares)	230.5M	231.3M	230.5M	230.2M
Diluted shares (in shares)	231.3M	232.2M	231.5M	231.5M

Ametek Inc income statement, quarters

Line item	Jun 30, 2026 · Q2	Mar 31, 2026 · Q1	Sep 30, 2025 · Q3	Jun 30, 2025 · Q2
Net sales	$2.0B	$1.9B	$1.9B	$1.8B
Cost of sales	$1.3B	$1.2B	$1.2B	$1.1B
Selling, general and administrative	$206.8M	$202.6M	$197.8M	$174.3M
Total operating expenses	$1.5B	$1.4B	$1.4B	$1.3B
Operating income	$528.2M	$514.9M	$488.4M	$461.6M
Interest expense	($30.1M)	($20.9M)	($22.5M)	($16.9M)
Other (expense) income, net	($5.7M)	($1.0M)	($17.9M)	($2.6M)
Income before income taxes	$492.4M	$493.0M	$448.0M	$442.2M
Provision for income taxes	$85.5M	$93.6M	$76.5M	$83.8M
Net income	$406.9M	$399.4M	$371.4M	$358.4M
Basic earnings per share (in usd per share)	$1.78	$1.74	$1.61	$1.55
Diluted earnings per share (in usd per share)	$1.77	$1.74	$1.60	$1.55
Basic shares (in shares)	229.1M	228.9M	230.7M	230.8M
Diluted shares (in shares)	229.9M	229.8M	231.7M	231.5M
Dividends declared and paid per share (in usd per shares)	$0.34	$0.34	$0.31	$0.31

Balance sheet

Ametek Inc balance sheet, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Cash and cash equivalents	$458.0M	$374.0M	$409.8M	$345.4M
Receivables	$1.1B	$948.8M	$1.0B	$919.3M
Inventories, net	$1.1B	$1.0B	$1.1B	$1.0B
Other current assets	$336.2M	$258.5M	$269.5M	$219.1M
Total current assets	$3.0B	$2.6B	$2.8B	$2.5B
Property, plant and equipment, net	$855.2M	$818.6M	$891.3M	$635.6M
Right of use assets, net	$273.1M	$235.7M	$229.7M	$170.3M
Goodwill	$7.2B	$6.6B	$6.4B	$5.4B
Other intangibles, net	$4.1B	$3.9B	$4.2B	$3.3B
Investments and other assets	$620.2M	$502.8M	$464.9M	$382.5M
Total assets	$16.1B	$14.6B	$15.0B	$12.4B
Short-term borrowings and current portion of long-term debt, net	$1.2B	$654.3M	$1.4B	$226.1M
Accounts payable	$618.0M	$523.3M	$516.6M	$497.1M
Customer advanced payments	$396.2M	$363.6M	$375.5M	$357.7M
Income taxes payable	$82.7M	$84.4M	$69.6M	$48.2M
Accrued liabilities and other	$537.0M	$472.9M	$503.0M	$435.1M
Total current liabilities	$2.8B	$2.1B	$2.9B	$1.6B
Long-term debt, net	$1.1B	$1.4B	$1.9B	$2.2B
Deferred income taxes	$788.9M	$831.0M	$836.7M	$694.3M
Other long-term liabilities	$732.8M	$620.9M	$678.6M	$537.2M
Total liabilities	$5.4B	$5.0B	$6.3B	$5.0B
Preferred stock, $0.01 par value; authorized 5,000,000 shares; none issued	0	0	0	0
Common stock, $0.01 par value; authorized 800,000,000 shares; issued: 2025 – 270,471,745 shares; 2024 – 270,064,222 shares	2.7M	2.7M	2.7M	2.7M
Capital in excess of par value	$1.3B	$1.3B	$1.2B	$1.1B
Retained earnings	$12.3B	$11.1B	$9.9B	$8.9B
Accumulated other comprehensive loss	($399.2M)	($555.7M)	($484.9M)	($574.9M)
Treasury stock: 2025 – 41,434,441 shares; 2024 – 39,364,801 shares	-2.5B	-2.1B	-1.9B	-1.9B
Total stockholders’ equity	$10.6B	$9.7B	$8.7B	$7.5B
Total liabilities and stockholders’ equity	$16.1B	$14.6B	$15.0B	$12.4B

Ametek Inc balance sheet, quarters

Line item	Jun 30, 2026	Mar 31, 2026	Sep 30, 2025	Jun 30, 2025
Cash and cash equivalents	$495.4M	$481.3M	$439.2M	$619.7M
Receivables, net	$1.2B	$1.2B	$1.1B	$1.0B
Inventories, net	$1.2B	$1.1B	$1.2B	$1.1B
Other current assets	$365.5M	$358.9M	$333.3M	$300.7M
Total current assets	$3.2B	$3.1B	$3.1B	$3.1B
Property, plant and equipment, net	$850.2M	$840.4M	$845.6M	$836.4M
Right of use assets, net	$259.3M	$263.2M	$267.6M	$245.7M
Goodwill	$7.4B	$7.3B	$7.2B	$6.7B
Other intangibles, net	$4.2B	$4.2B	$4.2B	$3.9B
Investments and other assets	$648.5M	$637.0M	$576.5M	$528.3M
Total assets	$16.6B	$16.3B	$16.2B	$15.3B
Short-term borrowings and current portion of long-term debt, net	$980.6M	$1.1B	$1.0B	$407.7M
Accounts payable	$647.2M	$619.3M	$582.0M	$549.3M
Customer advanced payments	$453.6M	$463.7M	$416.2M	$380.4M
Income taxes payable	$73.6M	$91.2M	$81.4M	$77.6M
Accrued liabilities and other	$503.6M	$467.1M	$532.1M	$453.5M
Total current liabilities	$2.7B	$2.8B	$2.6B	$1.9B
Long-term debt, net	$1.1B	$1.1B	$1.4B	$1.5B
Deferred income taxes	$874.2M	$839.7M	$851.1M	$808.1M
Other long-term liabilities	$745.6M	$731.8M	$728.4M	$666.9M
Total liabilities	$5.3B	$5.4B	$5.7B	$4.9B
Common stock, $0.01 par value	$2.7M	$2.7M	$2.7M	$2.7M
Capital in excess of par value	$1.3B	$1.3B	$1.3B	$1.3B
Retained earnings	$12.9B	$12.6B	$11.9B	$11.6B
Accumulated other comprehensive loss	($444.8M)	($432.5M)	($433.2M)	($406.4M)
Treasury stock	($2.5B)	($2.5B)	($2.3B)	($2.1B)
Total stockholders’ equity	$11.3B	$10.9B	$10.5B	$10.4B
Total liabilities and stockholders’ equity	$16.6B	$16.3B	$16.2B	$15.3B

Cash flow statement

Ametek Inc cash flow statement, fiscal years

Line item	Dec 31, 2025 · FY	Dec 31, 2024 · FY	Dec 31, 2023 · FY	Dec 31, 2022 · FY
Net income	$1.5B	$1.4B	$1.3B	$1.2B
Depreciation and amortization	$422.8M	$382.9M	$337.6M	$319.4M
Deferred income taxes	($70.7M)	($12.9M)	($91.9M)	($67.8M)
Share-based compensation expense	$47.8M	$47.9M	$46.2M	$47.4M
Gain on sale of facilities	($91.0K)	($995.0K)	($120.0K)	($7.1M)
(Increase) decrease in receivables	($55.2M)	$53.5M	$8.5M	($86.7M)
(Increase) decrease in inventories and other current assets	($26.8M)	$73.0M	$56.6M	($322.5M)
(Decrease) increase in payables, accruals and income taxes	($51.4M)	($18.5M)	$10.4M	$95.5M
Increase (decrease) in other long-term liabilities	$72.8M	($41.3M)	$67.3M	$47.2M
Pension contributions	($8.5M)	($8.7M)	($8.7M)	($9.0M)
Other, net	($9.1M)	($22.1M)	($3.8M)	($23.1M)
Total operating activities	$1.8B	$1.8B	$1.7B	$1.1B
Additions to property, plant and equipment	($130.2M)	($127.1M)	($136.2M)	($139.0M)
Purchases of businesses, net of cash acquired	($933.2M)	($117.5M)	($2.2B)	($429.7M)
Proceeds from sale of facilities	$200.0K	$4.2M	$880.0K	$11.8M
Other, net	$520.0K	($4.5M)	($3.2M)	$471.0K
Total investing activities	($1.1B)	($244.8M)	($2.4B)	($552.8M)
Net change in short-term borrowings	$521.3M	($889.7M)	$892.3M	($73.7M)
Repayments of long-term borrowings	($514.9M)	($300.0M)	$0	$0
Repurchases of common stock	($434.0M)	($212.0M)	($7.8M)	($332.8M)
Cash dividends paid	($285.3M)	($258.8M)	($230.3M)	($202.2M)
Proceeds from stock option exercises	$36.4M	$66.9M	$50.9M	$49.9M
Other, net	($9.7M)	($8.8M)	($7.7M)	($17.0M)
Total financing activities	($686.3M)	($1.6B)	$697.3M	($575.7M)
Effect of exchange rate changes on cash and cash equivalents	$31.3M	($17.4M)	$8.3M	($22.3M)
Increase (decrease) in cash and cash equivalents	$84.0M	($35.8M)	$64.4M	($1.4M)
Beginning of year	$374.0M	$409.8M	$345.4M	$346.8M
End of year	$458.0M	$374.0M	$409.8M	$345.4M

Ametek Inc cash flow statement, quarters

Line item	Jun 30, 2026 · YTD	Mar 31, 2026 · Q1	Sep 30, 2025 · YTD	Jun 30, 2025 · YTD
Net income	$806.3M	$399.4M	$1.1B	$710.1M
Depreciation and amortization	$211.4M	$105.5M	$317.1M	$214.1M
Deferred income taxes	($8.4M)	$16.1M	($66.5M)	($39.1M)
Share-based compensation expense	$23.6M	$9.7M	$35.2M	$22.3M
Loss (Gain) on sale of facilities	$0	—	($91.0K)	($91.0K)
Net change in assets and liabilities, net of acquisitions	($77.5M)	($52.0M)	($138.5M)	($121.1M)
Pension contributions	($2.5M)	($1.4M)	($4.5M)	($3.0M)
Other, net	($17.7M)	($25.7M)	($6.7M)	($6.6M)
Total operating activities	$935.2M	$451.5M	$1.2B	$776.6M
Additions to property, plant and equipment	($57.5M)	($25.5M)	($73.3M)	($52.3M)
Purchases of businesses, net of cash acquired	($424.5M)	($209.6M)	($933.2M)	($104.1M)
Proceeds from sale of facilities	$0	—	$200.0K	$200.0K
Other, net	$473.0K	$473.0K	$521.0K	$521.0K
Total investing activities	($481.5M)	($234.6M)	($1.0B)	($155.7M)
Net change in short-term borrowings	($208.7M)	($82.7M)	$427.7M	($202.7M)
Repayments of long-term borrowings	$0	—	($239.9M)	$50.0M
Repurchases of common stock	($28.1M)	($27.9M)	($163.6M)	($18.1M)
Cash dividends paid	($155.7M)	($77.8M)	($214.4M)	($143.0M)
Proceeds from stock option exercises	$20.8M	$9.6M	$21.6M	$12.3M
Debt financing costs	($21.8M)	—	—	—
Other, net	($14.7M)	($9.2M)	($8.0M)	($8.0M)
Total financing activities	($408.1M)	($188.0M)	($176.7M)	($409.4M)
Effect of exchange rate changes on cash and cash equivalents	($8.1M)	($5.7M)	$30.2M	$34.2M
Increase (decrease) in cash and cash equivalents	$37.5M	$23.3M	$65.2M	$245.7M
Beginning of period	$458.0M	$458.0M	$374.0M	$374.0M
End of period	$495.4M	$481.3M	$439.2M	$619.7M

Ametek Inc score and earnings-call analysis · All covered companies

Figures as reported in SEC filings. General information, not investment advice.