AME · Earnings call · 2026Q2T · Full report

Order Backlog and Book-to-Bill

AMETEK INC/ · 2026-08-04 · Importance 59 · Surprise 48 · In source text

AMETEK reported record overall orders of $2.3 billion, up 28% year over year, with organic orders up 25%, following 22% organic orders growth in the first quarter. Backlog reached $4.11 billion, up approximately 21% from year-end, and quarterly book-to-bill was 1.12 with both operating groups positive. Approximately 80% of backlog is expected to ship within 12 months, while the company is beginning to fill orders into 2027. Management said June was the strongest order month of the quarter and July orders were also very good, although some lumpiness remains.

Key facts

• Record backlog at quarter end was $4.11 billion.
• Overall orders were a record $2.3 billion, up 28% versus the prior year, with organic orders up 25%.
• I would estimate approximately 80% of that backlog will ship within the next 12 months.
• June was the strongest month for orders in the quarter on record, and July orders were described as very good.
• We had a positive book-to-bill of 1.12 in the quarter.
• EMG organic orders were up 35% versus the prior year.
• AMETEK believes there is a slightly higher mid- and long-cycle portfolio than prior due to recent acquisitions.

Impact estimates