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 Ratings3.9
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2020)16,500(-8%)
Job Openings402
Revenue (FY, 2020)$4.5 B(-11%)
Share Price (May 2021)$134.3
Cybersecurity ratingBMore

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
USD

Revenue (Q1, 2021)

1.2b

Gross profit (Q1, 2021)

426.4m

Gross profit margin (Q1, 2021), %

35.1%

Net income (Q1, 2021)

219.2m

EBIT (Q1, 2021)

293.3m

Market capitalization (3-May-2021)

31.0b

Closing stock price (3-May-2021)

134.3

Cash (31-Mar-2021)

1.1b

EV

32.2b
AMETEK's current market capitalization is $31 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

4.3b4.8b5.2b4.5b

Revenue growth, %

12%13%6%

Cost of goods sold

2.9b3.2b3.4b3.0b

Gross profit

1.4b1.7b1.8b1.5b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

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

Cost of goods sold

776.8m791.2m783.0m851.3m838.2m823.3m824.6m669.2m732.7m789.4m

Gross profit

395.8m417.7m410.0m436.4m451.3m453.4m377.6m342.7m394.2m426.4m

Gross profit Margin, %

34%35%34%34%35%36%31%34%35%35%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

646.3m354.0m393.0m1.2b

Accounts Receivable

668.2m732.8m744.8m597.5m

Inventories

540.5m624.7m624.6m559.2m

Current Assets

1.9b1.8b2.0b2.5b
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

681.5m777.9m861.3m872.4m

Depreciation and Amortization

183.2m199.5m234.0m255.3m

Inventories

124.4m(59.5m)16.4m

Accounts Payable

124.4m36.5m(58.9m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

181.3m375.2m566.4m204.3m419.8m640.5m280.6m446.8m651.4m219.2m

Depreciation and Amortization

48.8m97.8m145.9m57.5m114.7m169.9m66.1m127.4m190.4m64.6m

Cash From Operating Activities

177.4m380.5m629.4m196.3m442.6m772.2m270.8m585.4m895.1m284.4m

Purchases of PP&E

(12.3m)(28.6m)(47.5m)(21.4m)(43.3m)(61.5m)(16.9m)(27.0m)(37.2m)(17.5m)
USDFY, 2017

Revenue/Employee

254.4k

Debt/Equity

0.5 x

Debt/Assets

0.3 x

Financial Leverage

1.9 x
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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
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
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AMETEK Revenue Breakdown

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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

B

82/100

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+

    83/100

  • CEO Rating

    A+

    81/100

  • Compensation

    A+

    85/100

  • Diversity

    A

    78/100

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AMETEK News and Updates

AMETEK Announces First Quarter Results and Raises 2021 Guidance

BERWYN, Pa., May 4, 2021 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the first quarter ended March 31, 2021. AMETEK's first quarter 2021 sales were $1.22 billion, a 1% increase over the first quarter of 2020, with organic sales growth of 1%....

Insights on the AC Power Sources Global Market to 2027 - Featuring AC Power Corp, Ainuo Instruments & Ametek Among Others

Dublin, April 20, 2021 (GLOBE NEWSWIRE) -- The "AC Power Sources - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering. Amid the COVID-19 crisis, the global market for AC Power Sources estimated at US$990.1 Million in the year 2020, is projected to …

Ametek to pay $1.35 billion to buy Abaco Systems from Veritas

Ametek Inc. announced Monday an agreement to buy computing systems company Abaco Systems Inc. for $1.35 billion in cash, from Veritas Capital. After the deal closes, which is expected to occur in mid-2021, Abaco will be added to Ametek's electronics instruments group. Alabama-based Abaco has annual…

Global Ceramic Packaging Market (2021 to 2025) - Featuring Aerospace Semiconductor, AMETEK and Aptasic Among Others

Dublin, March 04, 2021 (GLOBE NEWSWIRE) -- The "Global Ceramic Packaging Market 2021-2025" report has been added to ResearchAndMarkets.com's offering. The publisher has been monitoring the ceramic packaging market and it is poised to grow by $6.74 billion during 2021-2025 progressing at a CAGR of …

$854.1 Million Worldwide High-Speed Camera Industry to 2026 - Featuring Ametek, Photron & Baumer Holding Among Others

Dublin, Feb. 18, 2021 (GLOBE NEWSWIRE) -- The "Global High-Speed Camera Market By Frame Rate, By Application, By Spectrum, By Component, By Region, Industry Analysis and Forecast, 2020 - 2026" report has been added to ResearchAndMarkets.com's offering.

AMETEK Announces Fourth Quarter and Full Year Results

BERWYN, Pa., Feb. 4, 2021 /PRNewswire/ -- AMETEK, Inc. (NYSE: AME) today announced its financial results for the fourth quarter and full year ended December 31, 2020. AMETEK's fourth quarter 2020 sales were $1.20 billion, an 8% decline compared to the fourth quarter of 2019. Operating...
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AMETEK Blogs

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,…

AMETEK Increases Quarterly Dividend

AMETEK Increases Quarterly Dividend Content Import Thu, 02/11/2021 - 08:04 AMETEK Increases Quarterly Dividend February 11, 2021 at 8:01 AM EST This release is a backfill from a News Wire General BERWYN, Pa., Feb. 11, 2021 /PR…
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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 35 offices.