AMETEK, Inc. (AME) Stock

AMETEK, Inc. (AME) is a Technology stock trading at $239.15 (as of 2026-08-20), with a market capitalization of $54.81B and a trailing P/E of 34.8. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

AMETEK, Inc. manufactures and sells electronic instruments and electromechanical devices across two segments: Electronic Instruments and Electromechanical. It serves customers in markets including process, aerospace, power, industrial, oil and gas, and laboratory and test applications with instrumentation, monitoring, and related electronic products.

Understand AMETEK, Inc.: how it makes money

AMETEK manufactures and sells electronic instruments and electromechanical devices, generating revenue from product sales through its Electronic Instruments Group and Electromechanical Group.

AMETEK’s profit model depends on converting instrument demand into revenue, which shows up in its order activity (Orders Outstanding and Book to Bill) and in its ability to keep the product mix fresh (Vitality Index), while cash efficiency is reflected in Operating Working Capital as a Percentage of Sales.

Revenue by segment (latest quarter)
EIG$1.3B
EMG$0.7B

Business quality (Solid): The company links near term demand and product pipeline to results, but investors should watch whether order strength sustains and whether working capital stays efficient.

Valuation: At 34× earnings, AME trades 43% below the Measuring & Control Equipment average (60×). Note: one-time items can distort reported P/E.

Bull case

  • Order visibility and demand signals: Orders Outstanding is reported at 2.2 USD_B and the Book to Bill Ratio is 1.0, which together indicate neither a sharp acceleration nor a clear contraction in the period shown.
  • Product pipeline support: The Vitality Index (New Products as a Percentage of Sales) is 25.0 percent, suggesting a meaningful contribution from new products to sales.

Bear case

  • Conversion risk if orders weaken: Because Orders Outstanding and the Book to Bill Ratio are used to reflect demand, a drop in either metric could signal slower conversion of demand into future sales.
  • Cash efficiency sensitivity: Operating Working Capital as a Percentage of Sales is 18.0 percent, so changes in working capital levels could affect cash flow even if revenue remains steady.
Valuation — source: SEC EDGAR (first-party)
Price$239.15
Market Cap$54.81B
P/E Ratio34.8
EV / EBITDA22.9
Price / Book4.87
Price / Sales6.97
FCF Yield3.3%
DCF Value (model)$85.11
DCF Upside vs Price-64.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$7.40B
Net Margin20.0%
Revenue Growth (YoY)15.0%
EPS Growth (YoY)14.8%
FCF Growth (YoY)36.9%
Financial Health — source: SEC EDGAR
Altman Z-Score7.97 (safe)
Piotroski F-Score6/9 (moderate)
Valuation vs Sector & Industry
Stock P/E34.8
Sector P/E (Technology)33.9
Industry P/E (Measuring & Control Equipment)51.8
vs Sector2.5%
vs Industry-32.9%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderVANGUARD GROUP INC ($5.58B)
Institutional Holders Tracked10
Congressional Trades (recent)10
Company
SectorTechnology
IndustryMeasuring & Control Equipment
CEODavid A. Zapico
Employees21,500
CountryUS
IPO Date1984-07-19

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AME earnings history · AME institutional & insider holders · AME KPIs & operating metrics · AME financials · AME investor presentations & press releases · AME SEC filings · AME peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-20.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.