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, PA, US
Websiteametek.com
Employee Ratings3.8
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)16,500(-8%)
Job Openings478
Revenue (FY, 2020)$4.5 B(-11%)
Share Price (Sept 2021)$131.4
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
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AMETEK Office Locations

AMETEK has offices in Berwyn, Houston, Newark, Pittsburgh and in 27 other locations
Berwyn, PA, US (HQ)
1100 Cassatt Rd
Houston, TX, US
4903 West Sam Houston Pkwy N Ste. A-400
Newark, DE, US
455 Corporate Blvd
Pittsburgh, PA, US
150 Freeport Rd
Rosario, AR
Olive 1954
Indaiatuba, BR
Rod Eng Ermenio de Oliveira Penteado SP 75 - Km 57, Tombadouro, 13
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AMETEK Financials and Metrics

AMETEK Revenue

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AMETEK's revenue was reported to be $4.54 b in FY, 2020 which is a 12% decrease from the previous period.
USD

Revenue (Q2, 2021)

1.4b

Gross profit (Q2, 2021)

473.6m

Gross profit margin (Q2, 2021), %

34.2%

Net income (Q2, 2021)

231.7m

EBIT (Q2, 2021)

316.6m

Market capitalization (15-Sept-2021)

30.3b

Closing stock price (15-Sept-2021)

131.4

Cash (30-Jun-2021)

390.6m

EV

32.9b
AMETEK's current market capitalization is $30.3 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

4.8b5.2b4.5b

Revenue growth, %

13%6%(12%)

Cost of goods sold

3.2b3.4b3.0b

Gross profit

1.7b1.8b1.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

1.3b1.3b1.3b1.2b1.0b1.1b1.2b1.4b

Cost of goods sold

851.3m838.2m823.3m824.6m669.2m732.7m789.4m912.7m

Gross profit

436.4m451.3m453.4m377.6m342.7m394.2m426.4m473.6m

Gross profit Margin, %

34%35%36%31%34%35%35%34%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

354.0m393.0m1.2b

Accounts Receivable

732.8m744.8m597.5m

Inventories

624.7m624.6m559.2m

Current Assets

1.8b2.0b2.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

368.1m567.9m735.4m1.3b1.1b1.3b1.1b390.6m

Accounts Receivable

763.2m757.5m762.0m712.2m620.2m614.8m678.5m754.0m

Inventories

640.6m634.1m623.7m654.3m621.5m584.8m604.3m711.6m

Current Assets

1.9b2.1b2.3b2.8b2.5b2.6b2.6b2.0b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

777.9m861.3m872.4m

Depreciation and Amortization

199.5m234.0m255.3m

Inventories

(59.5m)16.4m77.4m

Accounts Payable

36.5m(58.9m)7.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Net Income

204.3m419.8m640.5m280.6m446.8m651.4m219.2m450.9m

Depreciation and Amortization

57.5m114.7m169.9m66.1m127.4m190.4m64.6m139.8m

Cash From Operating Activities

196.3m442.6m772.2m270.8m585.4m895.1m284.4m571.4m

Purchases of PP&E

(21.4m)(43.3m)(61.5m)(16.9m)(27.0m)(37.2m)(17.5m)(41.0m)
USDFY, 2018

EV/EBITDA

13.9 x

EV/EBIT

16.4 x

EV/CFO

19.1 x

Revenue/Employee

266.3k

Debt/Equity

0.6 x

Debt/Assets

0.3 x

Financial Leverage

2 x

P/E Ratio

20.3
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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

$1.4 b$1.57 b$1.59 b$1.59 b$1.6 b$1.69 b$1.68 b$1.63 b$1.72 b

Remaining Performance Obligations (One Year or More)

$179.2 m$176.5 m$187.2 m$183.7 m$164.4 m$196.6 m$233.3 m$208.6 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

149159
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AMETEK Acquisitions / Subsidiaries

Company NameDateDeal Size
NSI-MI TechnologiesMay 04, 2021
CrankMarch 29, 2021
EGS AutomationMarch 29, 2021
Magnetrol InternationalMarch 29, 2021
Abaco SystemsMarch 22, 2021$1.35 b
GatanSeptember 27, 2019$925 m
Spectro ScientificNovember 27, 2018
Telular CorporationNovember 06, 2018$525 m
Motec GmbHJuly 31, 2018
MoconApril 17, 2017$182 m
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AMETEK Revenue Breakdown

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AMETEK revenue breakdown by business segment: 34.1% from Electromechanical and 65.9% from Electronic Instruments

AMETEK revenue breakdown by geographic segment: 21.1% from Asia, 8.4% from Other foreign countries, 15.3% from European Union countries, 51.3% from United States and 3.8% from Other

Human Capital Metrics

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AMETEK Cybersecurity Score

Cybersecurity ratingPremium dataset

C

76/100

SecurityScorecard logo

AMETEK Online and Social Media Presence

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AMETEK Company Culture

  • Overall Culture

    A+

    80/100

  • CEO Rating

    A+

    80/100

  • Compensation

    A

    80/100

  • Diversity

    A

    78/100

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AMETEK News and Updates

AMETEK Vision Research Launches Phantom T3610 and TMX 5010 Ultrahigh-Speed Cameras With Back Side Illumination

Vision Research, a leading manufacturer of digital high-speed imaging systems, introduces two models in its Ultrahigh-speed performance line of Phantom® cameras. Featuring a breakthrough CMOS sensor with back side illumination (BSI), the new T3610 and TMX 5010 cameras sustain their image throughput …

AMETEK land launches new temperature measurement for SPOT AL aluminium pyrometer

The latest developments add low-temperature and liquid aluminium temperature measurements to the SPOT AL pyrometer series, increasing the capabilities of the machinery for operators in the aluminium sector.

Our AMETEK Process Instruments team launched a five-part blog series that addresses the of Changing Regulations and Feedstocks in Sulfur Recovery Units.

Our AMETEK Process Instruments team launched a five-part blog series that addresses the of Changing Regulations and Feedstocks in Sulfur Recovery Units. In each post, they discuss a different aspect of the efficient and reliable operation of sulfur recovery units.

AMETEK, Inc. (NYSE:AME) Stock Has Shown Weakness Lately But Financials Look Strong: Should Prospective Shareholders Make The Leap?

It is hard to get excited after looking at AMETEK's (NYSE:AME) recent performance, when its stock has declined 1.6% over the past month. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, …

AMETEK PDS released Part 1 of their Secondary Power Distribution Demo videos.

Learn the basics of these highly configurable and flexible aerospace circuit and wiring protection systems. Keep an eye out for future videos, which will provide additional details on assigning outputs, trip-curve tailoring, and more.

Our SkyBitz team announced a first-of-its-kind, fully integrated tank monitoring-dispatch solution, SmartTank Dispatch.

Our SkyBitz team announced a first-of-its-kind, fully integrated tank monitoring-dispatch solution, SmartTank Dispatch. The platform offers petroleum and chemical distributors real-time tank visibility and dispatch optimization.
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AMETEK Blogs

AMETEK Announces Second Quarter 2021 Earnings Call and Webcasted Investor Conference Call Information

AMETEK Announces Second Quarter 2021 Earnings Call and Webcasted Investor Conference Call Information Content Import Wed, 07/14/2021 - 08:04 AMETEK Announces Second Quarter 2021 Earnings Call and Webcasted Investor Conference Call Information July 14, 2021 at 8:00 AM EDT …

AMETEK Completes Acquisition of Abaco Systems

BERWYN, Pa. , April 29, 2021 /PRNewswire/ --  AMETEK, Inc. (NYSE: AME) today announced that it has completed its acquisition of Abaco Systems, Inc. , a leading provider of mission critical embedded computing systems in an all-cash transaction valued at $1.35 billion .  "We are excited to welcome

AMETEK Announces New Term Loan

- Delayed Draw Term Loan of up to $800 million - BERWYN, Pa. , April 29, 2021 /PRNewswire/ --  AMETEK, Inc. (NYSE: AME) announced that it has entered into a new five-year, delayed draw, bank term loan for up to $800 million with existing lenders under our revolving credit facility.

AMETEK Announces First Quarter 2021 Earnings Call and Webcasted Investor Conference Call Information

- Earnings to be released before market opens on Tuesday, May 4, 2021 - BERWYN, Pa. , April 14, 2021 /PRNewswire/ --   AMETEK, Inc. (NYSE: AME) will issue its first quarter 2021 earnings release before the market opens on Tuesday, May 4, 2021 . AMETEK will webcast its first quarter 2021 investor

AMETEK Announces Three Acquisitions

- Magnetrol International Expands AMETEK's Leading Level Measurement Solutions - - Crank Software Provides Leading Graphical User Interface Design Capabilities - - EGS Automation Enhances AMETEK Dunkermotoren's Automation Solutions Portfolio - BERWYN , Pa ., March 29, 2021 /PRNewswire/ -- AMETEK,

AMETEK Announces Agreement to Acquire Abaco Systems

AMETEK Announces Agreement to Acquire Abaco Systems Content Import Mon, 03/22/2021 - 08:31 AMETEK Announces Agreement to Acquire Abaco Systems March 22, 2021 at 8:30 AM EDT This release is a backfill from a News Wire General BERWYN,…
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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 16,500 employees.

  • What is AMETEK revenue?

    Latest AMETEK annual revenue is $4.5 b.

  • What is AMETEK revenue per employee?

    Latest AMETEK revenue per employee is $275.2 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 27 other locations.

  • How many offices does AMETEK have?

    AMETEK has 37 offices.