AMETEK Reports Record Third Quarter 2026 Results and Raises Full Year Guidance
AMETEK, Inc. (NYSE: AME) reported record financial results for the third quarter of 2026, with sales reaching $2.22 billion, a 17% increase compared to the previous year. The company achieved record adjusted earnings per diluted share of $2.21 and saw significant growth across its primary segments, Electronic Instruments Group (EIG) and Electromechanical Group (EMG). Driven by strong organic sales, robust orders, and recent acquisitions—including Indicor Instrumentation—AMETEK expanded its operating margins to 26.8%. The company's strong cash flow position was highlighted by a free cash flow to net income conversion of 124%. Following these results, AMETEK raised its full-year 2026 guidance. The company now expects annual sales growth in the mid-teens and has increased its adjusted earnings per diluted share outlook to a range of $8.53 to $8.57, up from the previous guidance of $8.20 to $8.30.
Tickers: $AME
Topics: acquisition earnings per share financial results operating margin revenue growth