AME · Full Picture

AMETEK INC/ — the full picture

Earnings window · 2026-07-14 to 2026-08-09 · anchored on the 10-Q report

One earnings window, everything merged: the filing, the call, press releases and news digests, folded into ranked threads.

What to look at first

1. Acquisition / Partnership / Divestiture · M&A and divestituresPriority 95
   +26.9% revenue; 3 sources (news, sec_filing, transcript); 6 forward row(s); structured_verified
   On May 5, 2026, the Company entered into a definitive agreement to acquire a portfolio of instrumentation business from Indicor, LLC in an all-cash transaction valued at approximately $5.0 billion.
2. Order Backlog and Book-to-Bill · Demand, orders & backlogPriority 90
   +78.8% revenue; 4 sources (news, press_release, sec_filing, transcript); 4 forward row(s); structured_verified
   Record backlog at quarter end was $4.11 billion.
3. Guidance and Outlook · Guidance & outlookPriority 89
   +28.9% revenue; 3 sources (news, press_release, transcript); 13 forward row(s); quote_verified
   For 2026, AMETEK now expects overall sales to be up approximately 10% versus 2025.
4. Revenue Performance and Mix · Revenue growth & mixPriority 84
   +71.3% revenue (realized); 4 sources (news, press_release, sec_filing, transcript); structured_verified
   EMG (Electromechanical Group) second quarter 2026 sales: a record $723.2 million, up 17% from the second quarter of 2025.
5. Operating Expense Trends · Operating expenses (SG&A)Priority 75
   -8.7% net_income; 3 sources (press_release, sec_filing, transcript); 1 forward row(s); quote_verified
   For the full year, AMETEK expects depreciation and amortization to be approximately $430 million, including after-tax acquisition-related intangible amortization of approximately $210 million or $0.91 per diluted share.
6. Geographic Revenue Shift · Geographic mixPriority 74
   +17.6% revenue (realized); 2 sources (sec_filing, transcript); structured_verified
   Total international sales for Q2 2026 were $963.7 million or 47.1% of net sales, an increase of $120.7 million or 14.3%, compared with international sales of $843.0 million or 47.4% of net sales for Q2 2025.
7. Operating Margin Drivers · UnclassifiedPriority 74
   +20.4% operating_income (realized); structured_verified
   EMG’s operating income for the first six months of 2026 was $360.1 million, an increase of $87.5 million or 32.1%, compared with $272.6 million for the first six months of 2025; EMG's operating margins were 26.0% vs 22.6% and included $1.2 million of acquisition-related integration costs related to First Aviation.
8. Credit Facility Refinancing · Debt, leverage & refinancingPriority 68
   quote_verified
   On June 9, 2026, the Company entered into an amended and restated revolving credit agreement which increased aggregate commitments from $2.3 billion to $3.5 billion and extended the maturity to June 9, 2031.
9. Operating Cash Flow Trends · Cash flow generationPriority 67
   +6.2% cash (realized); 2 sources (press_release, sec_filing); structured_verified
   Operating cash flow in the quarter: $483.7 million, up 35% year-over-year.
10. Operating Margin Drivers · Operating income & profitabilityPriority 66
    +0.2% operating_income; 2 sources (press_release, transcript); 1 forward row(s); quote_verified
    Adjusted operating income for second quarter 2026: $544.4 million, an 18% increase.
11. End-Market Demand Trends · Demand, orders & backlogPriority 65
    4 sources (news, press_release, sec_filing, transcript); quote_verified
    Company highlighted robust demand in infrastructure build-out for AI, semiconductor fabs, and power plants driving Q2 2026 results.
12. Free Cash Flow and Liquidity · UnclassifiedPriority 61
    quote_verified
    AMETEK renewed its committed revolving credit facility, increasing the revolver size to $3.5 billion and extending the maturity until June 2031.

Threads by pillar

Revenue & Demand Priority 97 · 8 threads

• Order Backlog and Book-to-BillPriority 90 · News, Release, Filing, Call
• End-Market Demand TrendsPriority 65 · News, Release, Filing, Call
• AI Infrastructure DemandPriority 32 · Call
• Revenue Performance and MixPriority 84 · News, Release, Filing, Call
• Geographic Revenue ShiftPriority 74 · Filing, Call
• Geographic Market CommentaryPriority 21 · Call
• Product Launch and TransitionPriority 37 · News, Call
• Customer DynamicsPriority 32 · Call

Costs & Margins Priority 80 · 3 threads

• Operating Expense TrendsPriority 75 · Release, Filing, Call
• Operating Margin DriversPriority 66 · Release, Call
• Manufacturing and CapacityPriority 31 · Call

Capital & Balance Sheet Priority 92 · 7 threads

• Credit Facility RefinancingPriority 68 · Filing
• Outstanding IndebtednessPriority 54 · Filing
• Operating Cash Flow TrendsPriority 67 · Release, Filing
• Liquidity and Cash PositionPriority 57 · Filing
• Income Tax Rate ChangesPriority 56 · Filing, Call
• Quarterly Dividend DeclarationPriority 55 · News, Filing
• Capital Expenditure OutlookPriority 52 · Filing, Call

Strategy & Portfolio Priority 95 · 2 threads

• Acquisition / Partnership / DivestiturePriority 95 · News, Filing, Call
• Acquisition-Related CostsPriority 34 · Release

Legal, Regulatory & Policy Priority 39 · 1 thread

• Trade Policy and TariffsPriority 39 · Filing, Call

Guidance & Outlook Priority 89 · 1 thread

• Guidance and OutlookPriority 89 · News, Release, Call

Macro & Market Conditions Priority 42 · 3 threads

• FX / Currency HeadwindsPriority 31 · Filing
• Competition and Pricing PressurePriority 29 · Call
• Middle East Conflict ImpactPriority 29 · Filing

Unclassified Priority 87 · 5 threads

• Operating Margin DriversPriority 74 · Filing
• Free Cash Flow and LiquidityPriority 61 · Call
• Liquidity and Debt PositionPriority 49 · Release
• Interest Expense IncreasePriority 43 · Filing
• AI Adoption RecognitionPriority 36 · Call

Expected impact by metric