AME · 8-K · 20260804PR000173
Operating Margin Drivers
AMETEK INC/ · 2026-08-04 · Importance 47 · Surprise 22 · No source text
GAAP operating income increased to a record $528.2 million from $461.6 million, while adjusted operating income rose 18% to $544.4 million. Adjusted operating margin expanded 60 basis points to 26.6%, and adjusted core operating margin increased 110 basis points to 27.1% after excluding acquisition and foreign-exchange dilution. EIG adjusted core margin increased 40 basis points to 30.1%, supported by operating performance, while EMG adjusted core margin expanded 290 basis points to 26.2% on strong organic sales growth. Acquisition-related costs reduced reported operating income by $16.2 million, including $15.0 million in EIG and $1.2 million in EMG.
Key facts
- Adjusted operating income for second quarter 2026: $544.4 million, an 18% increase. source
- EIG adjusted operating income: $384.7 million, up 12%. source
- EMG adjusted operating income: $190.5 million, an increase of 32% and a record. source
- GAAP operating income for second quarter 2026: $528.2 million (record). source
- EIG GAAP operating income in second quarter 2026: $369.8 million. source
- Net income for three months ended June 30, 2026: $406,896 (thousands). source
- EMG GAAP operating income for the quarter: $189.3 million. source
- Adjusted diluted earnings per share for second quarter 2026: $2.09, up 17% from the second quarter of 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +4.1% | Adjusted operating income for second quarter 2026: $544.4 million, an 18% increase. |
| operating_income | positive | realized | +2.3% | EMG adjusted operating income: $190.5 million, an increase of 32% and a record. |
| operating_income | positive | realized | +2.0% | EIG adjusted operating income: $384.7 million, up 12%. |
| operating_income | positive | realized | — | GAAP operating income for second quarter 2026: $528.2 million (record). |
| operating_income | positive | realized | — | EIG GAAP operating income in second quarter 2026: $369.8 million. |
| net_income | positive | realized | — | Net income for three months ended June 30, 2026: $406,896 (thousands). |
| operating_income | positive | realized | — | EMG GAAP operating income for the quarter: $189.3 million. |