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Company file · AME

Ametek

Ametek's revenue rose 6.6% in FY2025, to $7.4B, and net income rose 7.6% to $1.5B

Revenue rose 6.6% to $7.4B in FY2025, from $6.9B in FY2024. Net income rose 7.6% to $1.5B. Electronic Instruments Group was the largest segment, at 66% of revenue.

Prepared from SEC filings · Latest annual report: 10-K for FY2025 (filed Feb 17, 2026) · Latest quarter: 10-Q for the quarter ended Sep 30, 2026 (filed Nov 3, 2026) · Data pulled Nov 11, 2026

Key facts

In fiscal 2025, which ended Dec 31, 2025, Ametek (NYSE: AME) took in $7.4B of revenue (up 6.6% on fiscal 2024); net income was $1.5B (up 7.6%). The most recent quarter, ended Sep 30, 2026, brought revenue of $2.2B, up 17.3% year over year, with net income of $426M. Electronic Instruments Group was the biggest single line by segment: 66% of fiscal 2025 revenue. Sources: 10-K for fiscal 2025 (filed Feb 17, 2026) and 10-Q for the quarter ended Sep 30, 2026 (filed Nov 3, 2026).

Revenue$7.4BFY2025 · +6.6% vs FY2024
Net income$1.5BFY2025 · +7.6% vs FY2024
Operating cash flow$1.8BFY2025 · −1.5% vs FY2024
Cash & equivalents$666Mat Sep 30, 2026 · +45.5% vs FY2025 end
Total debt$6.7Bat Sep 30, 2026 · +192.1% vs FY2025 end
Diluted shares231MFY2025 avg · −0.4% vs FY2024
Revenue and net income, three fiscal yearsBy fiscal year, $bn
RevenueNet income
Revenue and net income by fiscal yearRevenue FY2023: $6.6B6.6Net income FY2023: $1.3B1.3FY2023Revenue FY2024: $6.9B6.9Net income FY2024: $1.4B1.4FY2024Revenue FY2025: $7.4B7.4Net income FY2025: $1.5B1.5FY2025Data: Ticker Sage, from SEC EDGAR · tickersage.com

Source: 10-K FY2025, filed Feb 17, 2026

Quarterly revenue: fiscal 2026 vs a year earlierFiscal Q1–Q3, $bn (each quarter from that quarter's 10-Q)
FY2025FY2026
Quarterly revenue, fiscal 2026 vs 2025FY2025 Q1: $1.7B1.7FY2026 Q1: $1.9B1.9Q1FY2025 Q2: $1.8B1.8FY2026 Q2: $2.0B2.0Q2FY2025 Q3: $1.9B1.9FY2026 Q3: $2.2B2.2Q3Data: Ticker Sage, from SEC EDGAR · tickersage.com

Source: 10-Q filed Apr 30, 2026 · 10-Q filed Aug 4, 2026 · 10-Q filed Nov 3, 2026

How it makes money

FY2025 total by categoryElectronic Instruments Group: $4.9B (66%)Electromechanical Group: $2.5B (34%)$7.4BFY2025 totalData: Ticker Sage, from SEC EDGARtickersage.com

By segment, FY2025

  • LineAmountSharevs FY2024
  • Electronic Instruments Group$4.9B66%+5.6%
  • Electromechanical Group$2.5B34%+8.8%

Source: 10-K FY2025, XBRL breakdown

By segment in FY2025: Electronic Instruments Group (66%) and Electromechanical Group (34%), as shares of total revenue. Total revenue was $7.4B.

By segment: three-year mixShare of the total each fiscal year
Electronic Instruments GroupElectromechanical Group

Source: 10-K FY2025

By product or service, FY2025

Process and Analytical Instrumentation$3.5B47%+7.2%
Aerospace and Power$2.2B30%+6.6%
Automation and engineered solutions$1.7B24%+5.6%

Share is of the FY2025 total; the last column is the change from FY2024.

Learn more: Revenue vs. net income · Gross, operating and net margin

What changed last quarter

How the quarter compared with a year earlier

Comparing Q3 2026 (Jul to Sep 2026) compared with Q3 2025 (Jul to Sep 2025)

Each pair of bars shows the dollar amount for both quarters. Longer bar, more money. Bars in a group share one scale.

Q3 2026Q3 2025

Company

Revenue
$2.2B Q3 2026
$1.9B Q3 2025
17.3% increase
Net income
$426M Q3 2026
$371M Q3 2025
14.8% increase

Source: Ametek 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026

By segment

Electronic Instruments Group
$1.4B Q3 2026
$1.2B Q3 2025
15.7% increase
Electromechanical Group
$778M Q3 2026
$646M Q3 2025
20.4% increase

Source: Ametek 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026

  • Cash & equivalents $666M at Sep 30, 2026, vs $458M at FY2025 end.
  • Total debt $6.7B at Sep 30, 2026, vs $2.3B at FY2025 end.
  • Operating cash flow, first 9 months of fiscal 2026: $1.5B vs $1.2B a year earlier.

The bull case and the bear case

The bull case

The bear case

  • Operating cash flow fell 1.5% in FY2025 to $1.8B. 10-K, FY2025
  • Total debt rose 9.8% in FY2025 to $2.3B. 10-K, FY2025
  • The company's own risk factors are in Item 1A of its 10-K. Risks common in this industry include economic cycles; costs and supply; trade and tariffs. 10-K, Item 1A

What optimists and skeptics tend to point to, each tied to a filing. Ticker Sage doesn't pick a side, and neither list is a reason to buy or sell.

What the company does

Ametek is in the electrical components & equipment industry, part of the industrials sector. The SEC files it under Industrial Instruments For Measurement, Display, And Control.

Ametek reports 2 segments: Electronic Instruments Group and Electromechanical Group.

Its fiscal year ends in December; the latest, FY2025, ended Dec 31, 2025.

Source: 10-K, Item 1 Business

Risks common in this industry

These are general risks for companies in the electrical components & equipment industry. They are not a summary of Ametek’s own risk factors; for those, read Item 1A of its latest 10-K, linked below.

  1. Economic cyclesDemand for equipment and services rises and falls with business investment.
  2. Costs and supplyMaterial, labor and supplier problems can raise costs or delay delivery.
  3. Trade and tariffsTariffs and trade policy affect costs and sales.
  4. Contracts and backlogLarge projects and government contracts can be delayed, cut or repriced.
  5. Regulation and liabilitySafety, environmental and product-liability rules can raise costs.

Source: 10-K, Item 1A Risk Factors (the company's own list, in the company's words)

Three years of key numbers

Every number links to its filing; hover for the XBRL tag. A dash means the number isn't cleanly available, and we don't estimate it.

US$FY2023FY2024FY2025
Revenue$6.6B$6.9B$7.4B
Net income$1.3B$1.4B$1.5B
Operating cash flow$1.7B$1.8B$1.8B
Cash & equivalents (year end)$410M$374M$458M
Total debt (year end)$3.3B$2.1B$2.3B
Diluted shares232M232M231M
  • Revenue: Total revenue for the fiscal year, as the company reports it on its income statement.
  • Net income: Net income attributable to the company's shareholders, after all costs, interest and taxes.
  • Operating cash flow: Cash the business brought in from its day-to-day operations during the year (cash flow statement).
  • Cash & equivalents: Cash and short-term investments that count as cash equivalents on the balance sheet. Excludes longer-dated marketable securities.
  • Total debt: Debt due within one year plus long-term debt, at carrying value.
  • Diluted shares: Weighted average shares outstanding for the year, including the effect of options and stock awards.

Learn more: How to read an income statement · Earnings per share, basic and diluted · Free cash flow · How to read a balance sheet · Growth rate calculator · P/E calculator · Market cap calculator · Free cash flow calculator · Return on equity and assets calculator

Explainers for this page

Plain-English guides to terms this file uses, with real numbers from filings.

About these numbers

    Recent filings

    FormFiledPeriod
    10-QNov 3, 2026Sep 30, 2026
    10-QAug 4, 2026Jun 30, 2026
    10-QApr 30, 2026Mar 31, 2026
    DEF 14AMar 11, 2026May 7, 2026
    10-KFeb 17, 2026Dec 31, 2025

    Learn more: 10-K vs. 10-Q vs. 8-K · Form 4 insider filings · Fiscal years and quarters

    Common questions about Ametek

    How does Ametek make money?

    In fiscal 2025, revenue totaled $7.4B. By segment in FY2025: Electronic Instruments Group (66%) and Electromechanical Group (34%), as shares of total revenue. Total revenue was $7.4B. Source: 10-K for fiscal 2025, filed Feb 17, 2026.

    What was Ametek's revenue in fiscal 2025?

    Revenue came to $7.4B in the year ended Dec 31, 2025. Going back two years, it was $6.6B in fiscal 2023 and $6.9B in fiscal 2024, so the latest year was up 6.6%. Source: 10-K for fiscal 2025, filed Feb 17, 2026.

    Is Ametek profitable?

    Yes, by US accounting rules (GAAP): net income was $1.5B in fiscal 2025, up 7.6% from $1.4B a year earlier. For the quarter ended Sep 30, 2026, net income was $426M. The page's About these numbers section explains what is included. Source: 10-K for fiscal 2025, filed Feb 17, 2026.

    What did Ametek report in its latest quarterly filing?

    The 10-Q for the quarter ended Sep 30, 2026 shows revenue of $2.2B, against $1.9B in the same quarter a year before (up 17.3%), and net income of $426M, against $371M (up 14.8%). Source: 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026.

    How much cash and debt does Ametek have?

    On Sep 30, 2026, cash and cash equivalents stood at $666M and total debt at $6.7B. Total debt here is debt due within one year plus long-term debt, at carrying value. Source: 10-Q filed Nov 3, 2026.

    What are the main risks Ametek faces?

    Ametek's own risk factors are in Item 1A of its 10-K for fiscal 2025, filed Feb 17, 2026. Risks that are common among companies in the electrical components & equipment industry include Economic cycles; costs and supply; trade and tariffs; contracts and backlog; regulation and liability. The first: Demand for equipment and services rises and falls with business investment. Source: 10-K, Item 1A Risk Factors.

    Where do these Ametek numbers come from?

    Two filings Ametek made with the SEC: its fiscal 2025 10-K, filed Feb 17, 2026, and its 10-Q for the quarter ended Sep 30, 2026, filed Nov 3, 2026. The figures are taken from the XBRL data the SEC publishes, and every one links back to its source. Methodology explains how fiscal years and missing numbers are handled.

    Tracked funds that report owning Ametek

    From each fund’s latest Form 13F, which is filed up to 45 days after quarter end and lists long positions in US-listed stocks only. A listing here is a fact about a filing, not a view on the stock. What a 13F does and doesn’t show.

    Disclosures

    Editor holdings in AME
    The editor holds no position in Ametek (AME). As of Nov 11, 2026.
    Trading rule
    The editor does not buy or sell AME from 3 days before to 3 days after this page is published or substantively updated.
    Compensation
    Nobody paid for this page. No affiliate links on this page.
    Sources
    The company's SEC filings, linked next to each number or, for charts, in the source line under them.
    Last updated
    Nov 4, 2026

    General education, the same for every reader. Not a recommendation to buy, sell or hold AME, and it doesn't consider your situation.

    Compare with peers

    CompanyFiscal yearRevenueRevenue growthNet income
    AmetekAMEFY2025$7.4B+6.6%$1.5B
    EatonETNFY2025$27.4B+10.3%$4.1B
    EmersonEMRFY2026$19.0B+5.4%$2.7B
    VertivVRTFY2025$10.2B+27.7%$1.3B
    Bloom EnergyBEFY2025$2.0B+37.3%−$87M

    Each row is that company’s latest fiscal year from its own 10-K, using its own revenue and net income lines. Fiscal years end in different months, and line definitions differ (banks, insurers and oil companies count revenue differently), so this is a rough side-by-side, not a like-for-like comparison.

    More company files

    New to filings? Learn has plain-English explainers and Tools has calculators. Methodology & Disclosures covers where every number comes from.