AME · 10-Q · 2026Q3 · Full report
Interest Expense Increase
AMETEK INC/ · 2026-11-03 · Importance 46 · Surprise 56 · In source text
Third-quarter 2026 interest expense rose 76.9% to $39.8 million from $22.5 million, primarily because of revolving-credit and term-loan borrowings for the Indicor acquisition. Nine-month interest expense increased 55.6% to $90.8 million from $58.4 million. The nine-month 2026 amount included $10.0 million of bridge-loan financing fees; the bridge loan was terminated in June 2026 after the revolving-credit and term-loan agreements were executed. Higher interest on borrowings associated with Indicor accounted for the remaining increase.
Key facts
- AMETEK first-nine-months 2026 interest expense was $90.8 million, up $32.4 million or 55.6% from $58.4 million. source
- AMETEK third-quarter 2026 interest expense was $39.8 million, up $17.3 million or 76.9% from $22.5 million, primarily due to higher interest on revolving credit and term loan borrowings for the Indicor acquisition. source
- AMETEK first-nine-months 2026 interest expense included $10.0 million of bridge-loan financing fees; the bridge loan was terminated in June 2026 after execution of the Revolving Credit Agreement and Term Loan Agreement. source
- The remaining increase in AMETEK's first-nine-months 2026 interest expense was primarily due to higher interest on revolving credit and term loan borrowings for the Indicor acquisition. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| net_income | negative | realized | -1.5% | AMETEK first-nine-months 2026 interest expense was $90.8 million, up $32.4 million or 55.6% from $58.4 million. |
| net_income | negative | realized | -0.8% | AMETEK third-quarter 2026 interest expense was $39.8 million, up $17.3 million or 76.9% from $22.5 million, primarily due to higher… |