AME · 10-Q · 2026Q2

AMETEK INC/

Filed 2026-08-04 · Industrials · View original filing on EDGAR

Ranked Events

• Credit Facility RefinancingImportance 100 · Surprise 100
  On June 9, 2026, AMETEK amended its revolving credit agreement, increasing commitments from $2.3 billion to $3.5 billion and extending maturity to June 9, 2031. The facility may provide up to $1.0 billion toward the…
• Outstanding IndebtednessImportance 74 · Surprise 58
  Total debt, net declined to $2,036.2 million at June 30, 2026 from $2,283.3 million at December 31, 2025, while net debt declined to $1,540.8 million from $1,825.3 million. AMETEK amended its revolving credit agreement…
• Interest Expense IncreaseImportance 71 · Surprise 82
  Second-quarter 2026 interest expense increased 78.6% year over year to $30.1 million, primarily because AMETEK incurred $10.0 million of bridge-loan financing fees related to the Indicor Instrumentation acquisition.…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  AMETEK paid $424.5 million in cash during the first six months to acquire LKC Technologies in January 2026 and First Aviation Services in May 2026. LKC was added to EIG for ophthalmic diagnosis and management…
• Order Backlog and Book-to-BillImportance 65 · Surprise 48
  Second-quarter orders reached a record $2,284.0 million, increasing 28.2% from $1,782.1 million in the second quarter of 2025. The quarterly order increase reflected 25% organic growth and 6% acquisition growth, partly…
• Operating Margin DriversImportance 60 · Surprise 40
  First-half segment operating income increased 13.7% to $1,103.7 million, while segment margin rose to 27.8% from 27.7% despite $17.8 million of acquisition-related integration costs. Recent acquisitions reduced…
• Operating Cash Flow TrendsImportance 59 · Surprise 48
  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…
• End-Market Demand TrendsImportance 54 · Surprise 40
  AMETEK reported record second-quarter 2026 sales and orders, with total sales up 15.0% year over year and organic sales up 10%. EIG sales increased 13.9%, including 7% organic growth, while EMG sales increased 16.9%,…
• Geographic Revenue ShiftImportance 54 · Surprise 40
  Six-month U.S. sales increased to $2.086 billion from $1.863 billion, while international sales increased to $1.887 billion from $1.647 billion. Asia was the largest international region at $808.7 million, up 18.5%…
• Revenue Performance and MixImportance 54 · Surprise 40
  Net sales for the first six months of 2026 increased 13.2% to $3,972.8 million from $3,510.0 million in the prior-year period, comprising 8% organic growth and 5% acquisition growth. EIG sales rose 12.3% to $2,585.7…
• Liquidity and Cash PositionImportance 52 · Surprise 30
  Cash and cash equivalents increased to $495.4 million at June 30, 2026 from $458.0 million at December 31, 2025. Six-month operating cash flow increased 20.4% to $935.2 million from $776.6 million, while acquisitions…
• Operating Expense TrendsImportance 47 · Surprise 22
  Second-quarter selling, general and administrative expense increased 18.7% to $206.8 million from $174.3 million, while six-month SG&A increased 18.9% to $409.5 million from $344.4 million. Second-quarter selling…
• OECD Global Minimum TaxImportance 40 · Surprise 42
  The OECD Pillar Two initiative establishes a 15% global minimum tax for certain multinational companies in most jurisdictions where AMETEK operates, effective January 1, 2024. In January 2026, the OECD proposed a…
• Income Tax Rate ChangesImportance 39 · Surprise 50
  The second-quarter effective tax rate decreased to 17.4% from 19.0% in the prior-year quarter. The 160-basis-point reduction primarily reflected favorable international tax-planning initiatives and favorable…
• Trade Policy and TariffsImportance 37 · Surprise 42
  AMETEK said its businesses were addressing tariff-related supply-chain risks through targeted pricing initiatives and strategic adjustments to global supply chains. The company is leveraging its worldwide manufacturing…
• Quarterly Dividend DeclarationImportance 36 · Surprise 14
  AMETEK declared and paid quarterly dividends of $0.34 per share in the second quarter, up 9.7% from $0.31 per share in the prior-year quarter. Six-month dividends paid increased to $155.7 million from $143.0 million.…
• FX / Currency HeadwindsImportance 26 · Surprise 24
  AMETEK had $298.3 million of British-pound-denominated loans and $656.4 million of Euro-denominated loans at June 30, 2026, designated as net investment hedges for foreign subsidiaries. These borrowings are intended to…
• Middle East Conflict ImpactImportance 25 · Surprise 42
  The conflict involving Iran has increased uncertainty in global markets during the six months ended June 30, 2026. AMETEK has limited Middle East sales exposure and no material operations or assets in the region, but…
• Capital ExpendituresImportance 24 · Surprise 14
  Six-month additions to property, plant and equipment increased 9.8% to $57.5 million from $52.3 million. Second-quarter capital expenditures totaled $32.0 million, including $15.7 million in EIG, $10.9 million in EMG…

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