Ametek 8-K
PositiveEarningsGuidance raised
Organic growth and acquisitions drive record sales as Electromechanical margins expand; FY2026 adjusted EPS guidance rises to $8.20–$8.30.
Filed 2026-08-04 09:56 ET
- 2.02 Results of Operations
- 9.01 Financial Statements and Exhibits
Summary
Q2 2026 results and raised FY2026 adjusted EPS guidance. AMETEK reported record quarterly sales and diluted EPS, with growth driven by organic sales, recent acquisitions and operating performance; orders grew 28%. It raised its FY2026 adjusted EPS range to $8.20–$8.30 per share.
Key Figures
| Metric | Q2 2026 | H1 2026 |
|---|---|---|
| Revenue | $2.04B, +15% Y/Y | $3.97B, +13% Y/Y |
| Operating income (GAAP) | $528M, +14% Y/Y | $1.04B, +14% Y/Y |
| Net income | $407M, +14% Y/Y | $806M, +14% Y/Y |
| Diluted EPS (GAAP) | $1.77, +14% Y/Y | $3.51, +14% Y/Y |
| Adjusted diluted EPS (non-GAAP) | $2.09, +17% Y/Y | — |
| Operating cash flow | $484M, +35% Y/Y | — |
| Free cash flow (non-GAAP) | $452M, +37% Y/Y | — |
- Electronic Instruments sales were $1.32B (+14%); Electromechanical sales were $723M (+17%). Adjusted core operating margins were 30.1% for Electronic Instruments (+40 bp) and 26.2% for Electromechanical (+290 bp).
- Adjusted operating income was $544M, up 18%; adjusted core operating margin was 27.1%, up 110 bp. Free cash flow conversion was 111%, vs 92%.
- Cash was $495M at 6/30/2026, vs $458M at 12/31/2025. Total debt, net, was $2.04B, vs $2.28B.
Guidance
| Metric | Period | Guidance | Prior | Direction |
|---|---|---|---|---|
| Overall sales growth | Q3 2026 | High single digits Y/Y | — | — |
| Diluted EPS (GAAP) | Q3 2026 | $1.85–$1.87 | — | — |
| Adjusted EPS (non-GAAP) | Q3 2026 | $2.08–$2.10; +10% to +11% Y/Y | — | — |
| Overall sales growth | FY2026 | ≈10% vs 2025 | — | — |
| Diluted EPS (GAAP) | FY2026 | $7.19–$7.29 | — | — |
| Adjusted EPS (non-GAAP) | FY2026 | $8.20–$8.30; +10% to +12% Y/Y | $7.94–$8.14 | Raised |
Investor Takeaways
- Q3 sales and adjusted EPS versus guidance will show whether the strong orders and operating momentum continue.
- FY sales growth and adjusted EPS delivery will determine whether AMETEK meets its raised outlook.
The summary is written by an AI model reading the filing.
Model 005 · prompt 5998ea898f · 2026-10-16 20:30:56Z