AME
AMETEK, Inc.

AMETEK, Inc.AME

Industrials · Specialty Industrial Machinery
228.67USD
+2.55%
Nov 08, 2026
AME overview ready
Supplier of precision instruments and electromechanical components for industrial automation
Diversified industrial-technology enabler supplying specialized instruments, sensors, test-and-measurement systems, power-quality equipment and precision electromechanical components across the automation stack.
Primary theme is improving
Diversified Industrials is improving (+8.5pp vs SPY over 21 sessions; 16 of 24 members ahead of SPY).
Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
Fair valuation
The price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.
Unremarkable fundamentals
Primary risk
Cyclical demand tied to industrial capital spending.
Market Nov 6Filing Sep 30Price action Nov 7Research Jul 28

Conviction Level

PriceAction3.4BusinessPerformance7.0BusinessQuality8.2Valuation4.2ThemeMomentum7.0Improving — Revenue growth has accelerated across 3 consecutive quarters, rising from +11% to +17% year over year. Diluted EPS is up 16% year over year at $1.85. — From filed financial statements. Describes the recent trajectory of the business, not the stock. 20 of the 100 Conviction points.

Conviction uses Price Action, Business Performance, Business Quality, Valuation. Theme Momentum is research context, not an input.

Theme momentumPrimary theme · group context, not entry timing
vs SPY
+8.5pp
Theme return
+3.5%
Beating SPY
16 of 24
21 sessions to Nov 6, 2026 · Theme Leadership V2
Price
Loading price history…

Price Action

Price trend is broken
Longer-term context reads trend under pressure, with a near-term setup of distribution pressure.
The tactical setup reads distribution pressure, but the weekly structure is broken.
EntryWeak / unconfirmed recovery

The daily chart may be improving, but the weekly fast averages have not been reclaimed — the recovery is not yet confirmed on the higher timeframe.

Key Financials

Market Cap
$52.4B
Avg Volume (60D)
1.5M
60 sessions
Revenue Growth YoY
+6.6%
FY2025 vs FY2024
Gross Margin
+41.0%
Trailing twelve months
Operating Margin
+26.0%
Trailing twelve months
Free Cash Flow Yield
+3.7%
Distance from 200DMA
-2.4%
Next Earnings
2027-02-02
P/E
32.1x
EV / EBITDA
22.8x
EV / Sales
7.1x
Market metrics as of Nov 6, 2026
Financial results for the period ended Sep 30, 2026
Filed balance-sheet data as of Sep 30, 2026

Business Performance

Improving

Revenue growth has accelerated across 3 consecutive quarters, rising from +11% to +17% year over year. Diluted EPS is up 16% year over year at $1.85.

Latest reported: Q3 FY2026, ended Sep 30
Revenue growthAccelerating
+17%
$2.22B in Q3 FY2026 · YoY
YoY growth, last 4 quarters
  1. +13%
  2. +11%
  3. +15%
  4. +17%
Earnings growthGrowing
+16%
Diluted EPS $1.85 vs $1.60 a year earlier · GAAP
Diluted EPS YoY (GAAP), last 4 quarters
  1. +3.6%
  2. +15%
  3. +14%
  4. +16%
Operating marginStable
26.4%
+0.6 pp YoY

Business Quality

8.2 / 10

How well the business earns on its assets, converts earnings to cash and funds itself — read from its SEC filings.

Fundamentals & Valuation

Two of the three valuation perspectives say fair; peers is the dissenting view.
AMETEK, Inc. has a Fair valuation stance because the price broadly reflects the level and quality of its cash generation, with upside and risk reasonably balanced.

What changed

Company Research

Thesis
Diversified industrial-technology enabler supplying specialized instruments, sensors, test-and-measurement systems, power-quality equipment and precision electromechanical components across the automation stack. AME has a real but broad exposure to automation-driven productivity spending.
Opportunity
Moderate opportunity
Manufacturers, process operators, laboratories and regulated production environments are investing in sensing, analytical measurement, inspection, power-quality monitoring and precision motion equipment to automate operations, improve yield, assure quality and reduce labor and downtime costs.
Key risk
Cyclical demand tied to industrial capital spending.

Economic classification

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Business & Markets

Industrials · Specialty Industrial Machinery
What they do

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices globally through its Electronic Instruments Group and Electromechanical Group segments.

How it earns

The company generates revenue primarily through transactional sales of specialized instruments, sensors, and electromechanical components.

Products & services
Advanced process and analytical instruments
Power quality monitoring and metering devices
Precision electromechanical components
Test and measurement systems
Customers & end markets
Process manufacturers
Aerospace industry
Power sector
Industrial markets
Laboratories
Regulated production environments
Market position

Diversified industrial-technology enabler with a broad portfolio of specialized instruments and components serving multiple end markets.

Demand drivers
Medium cyclicality

Demand is influenced by capital expenditure cycles in industrial automation and process industries.

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