OverviewSuggest Edit

AMETEK is a manufacturer of electronic instruments and electromechanical devices. The company operates through two segments: Electronic Instruments and Electromechanical. The Electronic Instruments segment designs and manufactures analytical, test, and measurement instrumentation for the energy, aerospace, power, research, medical, and industrial markets. The Electromechanical segment provides automation and precision motion control solutions, as well as highly engineered electrical interconnects, specialty metals, and thermal management systems.

TypePublic
Founded1930
HQBerwyn, US
Websiteametek.com
Employee Ratings4.1
Overall CultureA-

Latest Updates

Employees (est.) (Dec 2019)18,100
Job Openings252
Revenue (FY, 2019)$5.2 B(+7%)
Share Price (Nov 2020)$117.4
Cybersecurity ratingCMore

Key People/Management at AMETEK

David A. Zapico

David A. Zapico

Chairman of the Board and Chief Executive Officer
William J. Burke

William J. Burke

Executive Vice President and Chief Financial Officer
Tony Ciampitti

Tony Ciampitti

President-Electronic Instruments
John W. Hardin

John W. Hardin

President-Electronic Instruments
Timothy N. Jones

Timothy N. Jones

President-Electromechanical Group
Thomas C. Marecic

Thomas C. Marecic

President-Electronic Instruments
Show more

AMETEK Office Locations

AMETEK has offices in Berwyn, Houston, Newark, Pittsburgh and in 28 other locations
Berwyn, US (HQ)
1100 Cassatt Rd
Houston, US
4903 West Sam Houston Pkwy N Ste. A-400
Newark, US
455 Corporate Blvd
Pittsburgh, US
150 Freeport Rd
Rosario, AR
Olive 1954
Indaiatuba, BR
Rod Eng Ermenio de Oliveira Penteado SP 75 - Km 57, Tombadouro, 13
Show all (36)

AMETEK Financials and Metrics

AMETEK Revenue

Embed Graph
View revenue for all periods
AMETEK's revenue was reported to be $5.16 b in FY, 2019 which is a 6.5% increase from the previous period.
USD

Revenue (Q3, 2020)

1.1b

Gross profit (Q3, 2020)

394.2m

Gross profit margin (Q3, 2020), %

35%

Net income (Q3, 2020)

204.6m

EBIT (Q3, 2020)

270.7m

Market capitalization (20-Nov-2020)

27.2b

Closing stock price (20-Nov-2020)

117.4

Cash (30-Sept-2020)

1.3b

EV

28.7b
AMETEK's current market capitalization is $27.2 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

4.3b4.8b5.2b

Revenue growth, %

12%13%6%

Cost of goods sold

2.9b3.2b3.4b

Gross profit

1.4b1.7b1.8b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

1.2b1.2b1.2b1.3b1.3b1.3b1.2b1.0b1.1b

Cost of goods sold

776.8m791.2m783.0m851.3m838.2m823.3m824.6m669.2m732.7m

Gross profit

395.8m417.7m410.0m436.4m451.3m453.4m377.6m342.7m394.2m

Gross profit Margin, %

34%35%34%34%35%36%31%34%35%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

646.3m354.0m393.0m

Accounts Receivable

668.2m732.8m744.8m

Inventories

540.5m624.7m624.6m

Current Assets

1.9b1.8b2.0b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

681.5m777.9m861.3m

Depreciation and Amortization

183.2m199.5m234.0m

Inventories

124.4m(59.5m)16.4m

Accounts Payable

124.4m36.5m(58.9m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

181.3m375.2m566.4m204.3m419.8m640.5m280.6m446.8m651.4m

Depreciation and Amortization

48.8m97.8m145.9m57.5m114.7m169.9m66.1m127.4m190.4m

Cash From Operating Activities

177.4m380.5m629.4m196.3m442.6m772.2m270.8m585.4m895.1m

Purchases of PP&E

(12.3m)(28.6m)(47.5m)(21.4m)(43.3m)(61.5m)(16.9m)(27.0m)(37.2m)
USDFY, 2017

EV/EBIT

20 x

EV/CFO

21.9 x

Revenue/Employee

254.4k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x

P/E Ratio

24.6
Show all financial metrics

AMETEK Operating Metrics

AMETEK's Backlog was reported to be $1.7b in FY, 2019.
FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020

Backlog

$1.40 b$1.57 b$1.59 b$1.59 b$1.60 b$1.69 b$1.68 b$1.63 b$1.72 b

Remaining Performance Obligations (One Year or More)

$179.20 m$176.50 m$187.20 m$183.70 m$164.40 m$196.60 m$233.30 m$208.60 m

Order Volume

$4.54 b$1.34 b$1.23 b$1.19 b$5.05 b$1.38 b$1.28 b$1.23 b$5.27 b$1.21 b

Facilities

149 159
Show all operating metrics

AMETEK Acquisitions / Subsidiaries

Company NameDateDeal Size
Spectro ScientificNovember 27, 2018
Telular CorporationNovember 06, 2018$525 m
Motec GmbHJuly 31, 2018
MoconApril 17, 2017$182 m
Rauland-BorgFebruary 07, 2017$340 m
Laserage Technology CorpNovember 01, 2016
HS Foils OyAugust 04, 2016
Nu Instruments LtdAugust 01, 2016
Brookfield EngineeringMarch 11, 2016
ESP/SurgeXFebruary 05, 2016
Show more

AMETEK Revenue Breakdown

Embed Graph

AMETEK revenue breakdown by business segment: 35.6% from Electromechanical and 64.4% from Electronic Instruments

AMETEK revenue breakdown by geographic segment: 48.0% from United States and 52.0% from International

AMETEK Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

AMETEK Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

AMETEK Online and Social Media Presence

Embed Graph

AMETEK Company Culture

  • Overall Culture

    A-

    75/100

  • CEO Rating

    B+

    73/100

  • Compensation

    A

    79/100

  • Diversity

    B-

    68/100

Learn more on Comparably

AMETEK News and Updates

Avoid AMETEK Stock For Now

AMETEK stock is up roughly 10% since the start of the year and has recovered around 85% from its March lows. AME stock faces downside risk as its YTD revenue has declined by 15% due to a fall in demand across major markets. Further, the ongoing Covid-19 crisis and the economic uncertainty...

Dylan Nestor joins AMETEK SMP Wallingford as manufacturing manager for strip

Wallingford, CT, U.S.A. (Sept. 24, 2020) – AMETEK Specialty Metal Products (SMP) has appointed Dylan Nestor as its new Manufacturing Manager for Strip. Dylan joins the team this month and will be based at AMETEK SMP in Wallingford, CT. He will be responsible for overseeing the company’s Primary, Fin…

AMETEK SMP sees rise in demand for high purity nickel strip for battery applications

Specialty metal strip and wire manufacturer, AMETEK Specialty Metal Products (SMP), is not letting the uncertainty of the COVID-19 pandemic affect its operations. The business is reporting increased levels of global demand for its high purity nickel strip products across a number of sectors. AMETEK …

Aircraft Cables Market May Set New Growth Story | Ametek, Pic Wire & Cable, A.E.Petsche

Stay up-to-date with Aircraft Cables Market research offered by HTF MI. Check how key trends and emerging drivers are shaping this industry growth. Posted via Industry Today. Follow us on Twitter @IndustryToday

AMETEK Announces Second Quarter Results

BERWYN, Pa., Aug. 4, 2020 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the second quarter ended June 30, 2020. AMETEK's second quarter 2020 sales were $1.01 billion, a 22% decline compared to the second quarter of 2019. Operating income in the quarter...

AMETEK Dynamic Fluid Solutions Can Help Manufacturers Expand Production of Mission-Critical Products Needed to Fight COVID-19

KENT, OHIO – To help save lives and protect communities during the COVID-19 pandemic, manufacturers are racing to expand production of urgently needed equipment. AMETEK Dynamic Fluid Solutions (DFS) can help.read more
Show more

AMETEK Blogs

AMETEK Announces Third Quarter Results and Provides Fourth Quarter 2020 Guidance

AMETEK Announces Third Quarter Results and Provides Fourth Quarter 2020 Guidance Content Import Thu, 10/29/2020 - 06:56 AMETEK Announces Third Quarter Results and Provides Fourth Quarter 2020 Guidance October 29, 2020 at 6:55 AM EDT This release is a backfill …

AMETEK Announces Third Quarter 2020 Earnings Call and Webcasted Investor Conference Call Information

- Earnings to be released before market opens on Thursday, October 29, 2020 - BERWYN, Pa. , Oct. 14, 2020 /PRNewswire/ --  AMETEK, Inc. (NYSE: AME) will issue its third quarter 2020 earnings release before the market opens on Thursday, October 29, 2020 .

Mark Gordon Elected Vice President and General Manager, Thermal Management Systems

BERWYN, Pa. , Aug. 2, 2019 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced that its Board of Directors has elected Mark Gordon as Vice President and General Manager of AMETEK's Thermal Management Systems division. "I am pleased to announce that Mark has rejoined AMETEK ," comments David A.

AMETEK Announces Second Quarter Results and Raises 2019 Guidance

- Reports second quarter sales up 7% over prior year - Reports GAAP earnings of $0.94 per diluted share - Delivers adjusted earnings of $1.05 per diluted share, up 14% over 2018 adjusted earnings - Increases 2019 adjusted earnings guidance range to $4.04 to $4.10 per diluted share BERWYN, Pa.

AMETEK Frequently Asked Questions

  • When was AMETEK founded?

    AMETEK was founded in 1930.

  • Who are AMETEK key executives?

    AMETEK's key executives are David A. Zapico, William J. Burke and Tony Ciampitti.

  • How many employees does AMETEK have?

    AMETEK has 18,100 employees.

  • What is AMETEK revenue?

    Latest AMETEK annual revenue is $5.2 b.

  • What is AMETEK revenue per employee?

    Latest AMETEK revenue per employee is $285 k.

  • Who are AMETEK competitors?

    Competitors of AMETEK include Oerlikon, Allied Motion Technologies and Roper Technologies.

  • Where is AMETEK headquarters?

    AMETEK headquarters is located at 1100 Cassatt Rd, Berwyn.

  • Where are AMETEK offices?

    AMETEK has offices in Berwyn, Houston, Newark, Pittsburgh and in 28 other locations.

  • How many offices does AMETEK have?

    AMETEK has 36 offices.