AME · 10-Q · 2026Q3 · Full report

Income Tax Rate Changes

AMETEK INC/ · 2026-11-03 · Importance 25 · Surprise 32

The effective tax rate for the third quarter of 2026 was 18.3%, compared with 17.1% in the third quarter of 2025. The 2025 quarter’s lower rate primarily reflected remeasurement of deferred tax liabilities following Germany’s enactment of a lower corporate tax rate. For the first nine months of 2026, AMETEK recorded $12.5 million of Pillar Two top-up tax in income tax expense for jurisdictions below the 15% minimum rate. Gross uncertain tax benefits rose to $271.8 million at September 30, 2026 from $229.3 million at December 31, 2025.

Key facts

• AMETEK had $271.8 million of gross uncertain tax benefits at September 30, 2026, of which $219.9 million would impact the effective tax rate if recognized. source
• AMETEK recorded $12.5 million of Pillar Two top-up tax in income tax expense for the nine months ended September 30, 2026, in jurisdictions where the effective tax rate did not meet the 15% minimum threshold. source
• AMETEK’s effective tax rate for the three months ended September 30, 2026 was 18.3%, compared with 17.1% for the three months ended September 30, 2025. source
• AMETEK's effective tax rate was 18.3% in third-quarter 2026, compared with 17.1% in third-quarter 2025; the lower 2025 rate primarily reflected remeasurement of deferred tax liabilities after Germany enacted a lower corporate tax rate. source
• AMETEK's effective tax rate was 18.2% for the first nine months of 2026, compared with 18.3% for the first nine months of 2025. source