AME · 10-Q · 2026Q2 · Full report
Operating Cash Flow Trends
AMETEK INC/ · 2026-08-04 · Importance 59 · Surprise 48 · No source text
Cash provided by operating activities increased 20.4% to $935.2 million in the first six months of 2026 from $776.6 million in the prior-year period. The increase was driven primarily by higher net income and reduced working-capital investment. Free cash flow increased to $877.7 million from $724.3 million after deducting $57.5 million of capital expenditures. EBITDA increased 10.9% to $1,245.7 million from $1,123.6 million.
Key facts
- EBITDA for the first six months of 2026 was $1,245.7 million, compared with $1,123.6 million for the first six months of 2025. source
- Free cash flow reconciliation shows cash provided by operating activities $935.2 million less capital expenditures $57.5 million equals free cash flow $877.7 million for the six months ended June 30, 2026. source
- Cash provided by operating activities totaled $935.2 million for the first six months of 2026, an increase of $158.6 million or 20.4%, compared with $776.6 million for the first six months of 2025. source
- Net cash provided by operating activities for the six months ended June 30, 2026: $935,210 (in thousands). source
- Free cash flow for the first six months of 2026 was $877.7 million (cash provided by operating activities less capital expenditures), compared with $724.3 million for the first six months of 2025. source
- For the six months ended June 30, 2026, EBITDA reconciliation shows net income $806.3 million plus adjustments totaling $439.4 million equals EBITDA $1,245.7 million, where adjustments included interest expense $51.0 million, income taxes $179.1 million, depreciation $73.1 million, and amortization $138.4 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | positive | realized | +6.0% | EBITDA for the first six months of 2026 was $1,245.7 million, compared with $1,123.6 million for the first six months of 2025. |
| cash | positive | realized | +5.6% | Cash provided by operating activities totaled $935.2 million for the first six months of 2026, an increase of $158.6 million or 20.4%,… |
| cash | positive | realized | +0.9% | Free cash flow for the first six months of 2026 was $877.7 million (cash provided by operating activities less capital expenditures),… |
| cash | negative | realized | -0.3% | Free cash flow reconciliation shows cash provided by operating activities $935.2 million less capital expenditures $57.5 million equals… |
| net_income | positive | realized | — | For the six months ended June 30, 2026, EBITDA reconciliation shows net income $806.3 million plus adjustments totaling $439.4 million… |