AME · 10-Q · 2026Q3 · Full report
Liquidity and Debt Position
AMETEK INC/ · 2026-11-03 · Importance 60 · Surprise 48 · No source text
At September 30, 2026, cash and cash equivalents were $666.2 million, while short-term borrowings and current debt were $639.8 million and long-term debt was $6.030 billion. The June 2026 revolving credit agreement increased commitments from $2.3 billion to $3.5 billion and extended maturity to June 9, 2031; $975.7 million was outstanding at quarter-end. AMETEK also had $4.0 billion outstanding under term loans used to fund the Indicor acquisition and $306.0 million outstanding under its commercial paper program. During the first nine months, operating cash flow was $1.496 billion, capital expenditures were $90.7 million, and purchases of businesses used $5.346 billion in cash, net of cash acquired.
Key facts
- AMETEK’s Revolving Credit Agreement increased aggregate commitments from $2.3 billion to $3.5 billion and extended maturity to June 9, 2031. source
- AMETEK's term loan facility provides up to $4.0 billion of senior unsecured borrowing in three tranches: $1.625 billion due three years after funding, $1.625 billion due four years after funding, and $750 million due five years after funding. source
- AMETEK's revolving credit facility may be used for general corporate purposes, including up to $1.0 billion to fund part of the Indicor acquisition consideration. source
- AMETEK's revolving credit commitments increased from $2.3 billion to $3.5 billion and maturity was extended to June 9, 2031. source
- AMETEK’s long-term debt, net, was $6,029.565 million at September 30, 2026, compared with $1,074.334 million at December 31, 2025. source
- AMETEK’s term loan facility provided for up to $4.0 billion in senior unsecured borrowing, and AMETEK borrowed $4.0 billion in three tranches in the third quarter of 2026 to fund the Indicor acquisition. source
- AMETEK’s $5.0 billion bridge financing commitments for the Indicor acquisition were automatically reduced and terminated in full upon execution of the Revolving Credit Agreement and Term Loan Agreement. source
- AMETEK’s cash and cash equivalents were $666.152 million at September 30, 2026, compared with $457.951 million at December 31, 2025. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | realized | -22.1% | AMETEK’s long-term debt, net, was $6,029.565 million at September 30, 2026, compared with $1,074.334 million at December 31, 2025. |
| cash | negative | realized | -19.8% | AMETEK cash used by investing activities was $5,436.1 million for the first nine months of 2026, compared with $1,005.8 million in 2025. |
| liability | negative | realized | -19.6% | AMETEK total debt, net was $6,669.4 million at September 30, 2026, compared with $2,283.3 million at December 31, 2025. |
| cash | positive | realized | +19.4% | AMETEK cash provided by financing activities was $4,158.0 million for the first nine months of 2026, compared with cash used by financing… |
| cash | positive | realized | +17.9% | AMETEK’s term loan facility provided for up to $4.0 billion in senior unsecured borrowing, and AMETEK borrowed $4.0 billion in three… |
| cash | positive | realized | +0.9% | AMETEK’s cash and cash equivalents were $666.152 million at September 30, 2026, compared with $457.951 million at December 31, 2025. |
| cash | positive | realized | +0.5% | AMETEK held $482.4 million of cash outside the United States at September 30, 2026, compared with $374.5 million at December 31, 2025. |