AMETEK, Inc. engages in the manufacture of electronic instruments and electromechanical devices. It operates through the following two segments: Electronic Instruments and Electromechanical. The Electronic Instruments segment designs and manufactures advanced instruments for the process, aerospace, power and industrial markets. The Electromechanical segment supplies automation solutions, thermal management systems, specialty metals and electrical interconnects. The company was founded in 1930 and is headquartered in Berwyn, PA.
Highlights
Ametek's quick ratio has increased by 29% QoQ and by 27% YoY
The equity has grown by 18% YoY and by 3% from the previous quarter
Ametek's debt has increased by 16% YoY but it has decreased by 12% from the previous quarter
The EPS has increased by 8% year-on-year but it has declined by 5% since the previous quarter
The P/E is 8% above the 5-year quarterly average of 22.9 and 8% above the last 4 quarters average of 22.9
AME's gross profit is down by 7% year-on-year and by 6% since the previous quarter
Key stats
What are the main financial stats of AME
Market
Shares outstanding
229.63M
Market cap
$22.14B
Enterprise value
$23.88B
Valuations
Price to earnings (P/E)
24.79
Price to book (P/B)
4.03
Price to sales (P/S)
4.61
EV/EBIT
20.07
EV/EBITDA
16.63
EV/Sales
4.98
Earnings
Revenue
$4.8B
EBIT
$1.19B
EBITDA
$1.44B
Free cash flow
$1.19B
Per share
EPS
$3.89
Free cash flow per share
$5.18
Book value per share
$23.91
Revenue per share
$20.92
TBVPS
$15.22
Balance sheet
Total assets
$10.31B
Total liabilities
$4.82B
Debt
$2.87B
Equity
$5.49B
Working capital
$1.5B
Liquidity
Debt to equity
0.52
Current ratio
2.47
Quick ratio
1.72
Net debt/EBITDA
1.21
Margins
EBITDA margin
29.9%
Gross margin
33.8%
Net margin
18.5%
Operating margin
22.1%
Efficiency
Return on assets
8.9%
Return on equity
17.1%
Return on invested capital
29.2%
Return on capital employed
12.8%
Return on sales
24.8%
Dividend
Dividend yield
0.66%
DPS
$0.64
Payout ratio
16.5%
AME stock price
How has the Ametek stock price performed over time
Financial performance
How have Ametek's revenue and profit performed over time
Revenue
$4.8B
Gross profit
$1.62B
Operating income
$1.06B
Net income
$888.36M
Gross margin
33.8%
Net margin
18.5%
Ametek's net margin has increased by 14% YoY
The net income has grown by 8% YoY but it has contracted by 5% from the previous quarter
AME's gross profit is down by 7% year-on-year and by 6% since the previous quarter
The operating income has contracted by 6% from the previous quarter and by 6% YoY
Valuation
What is Ametek stock price valuation
P/E
24.79
P/B
4.03
P/S
4.61
EV/EBIT
20.07
EV/EBITDA
16.63
EV/Sales
4.98
The P/E is 8% above the 5-year quarterly average of 22.9 and 8% above the last 4 quarters average of 22.9
The EPS has increased by 8% year-on-year but it has declined by 5% since the previous quarter
The equity has grown by 18% YoY and by 3% from the previous quarter
The price to book (P/B) is 3.3% higher than the 5-year quarterly average of 3.9 and 3.3% higher than the last 4 quarters average of 3.9
The stock's P/S is 32% above its 5-year quarterly average of 3.5 and 15% above its last 4 quarters average of 4.0
AME's revenue is down by 6% since the previous quarter and by 4.9% year-on-year
Efficiency
How efficient is Ametek business performance
The return on sales has increased by 12% year-on-year
Ametek's ROE has decreased by 9% from the previous quarter and by 7% YoY
The company's return on assets fell by 8% QoQ and by 6% YoY
AME's ROIC is down by 6% from the previous quarter and by 2.7% YoY
Dividends
What is AME's dividend history
DPS
$0.64
Dividend yield
0.66%
Payout ratio
16.5%
Recent dividends
Financial health
How did Ametek financials performed over time
AME's total assets is 114% greater than its total liabilities
The company's current ratio rose by 31% QoQ and by 14% YoY
Ametek's quick ratio has increased by 29% QoQ and by 27% YoY
Ametek's debt is 48% less than its equity
The equity has grown by 18% YoY and by 3% from the previous quarter
Ametek's debt has increased by 16% YoY but it has decreased by 12% from the previous quarter
All financial data is based on trailing twelve months (TTM) periods - updated
quarterly, unless otherwise specified.