AME · Earnings call · 2026Q2T · Full report
Capital Expenditures
AMETEK INC/ · 2026-08-04 · Importance 42 · Surprise 24 · In source text
Second-quarter capital expenditures were $32 million. Full-year 2026 capital expenditures are expected to be approximately $160 million, or about 2% of sales, with roughly two-thirds classified as growth capital. AMETEK has added capacity at multiple plants in the United States, Serbia, and Mexico and is undertaking work in Poland. Management said the company is not at capacity limits because its flexible operating model supports efficient ramping.
Key facts
- For the full year, AMETEK expects capital expenditures of approximately $160 million or about 2% of sales.
- Growth CapEx is probably about two-thirds of the $160 million.
- AMETEK's return on tangible capital is around 100%.
- Capital expenditures in the second quarter were $32 million.
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| assets | positive | committed | — | For the full year, AMETEK expects capital expenditures of approximately $160 million or about 2% of sales. |
| cash | negative | committed | — | For the full year, AMETEK expects capital expenditures of approximately $160 million or about 2% of sales. |