Overview
Industrial technology provider's Q4 sales rose 13%, beating analyst expectations
Adjusted EPS for Q4 beat analyst expectations, up 7% yr/yr
Company attributes record results to organic growth and acquisitions
Outlook
AMETEK expects 2026 sales to rise mid to high single digits
Company anticipates 2026 adjusted EPS between $7.87 and $8.07
AMETEK forecasts Q1 2026 sales to increase approximately 10%
Result Drivers
ORGANIC SALES GROWTH - AMETEK reported strong organic sales growth contributing to record Q4 results
ACQUISITIONS - Recent acquisitions contributed to AMETEK's record Q4 sales and operating income
MARGIN EXPANSION - Core margin expansion was a key driver of AMETEK's Q4 performance
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Sales | Beat | $2 bln | $1.95 bln (14 Analysts) |
Q4 Adjusted EPS | Beat | $2.01 | $1.94 (16 Analysts) |
Q4 EPS | $1.73 | ||
Q4 Net Income | $398.60 mln | ||
Q4 Basic EPS | $1.74 | ||
Q4 Operating income | $505.48 mln | ||
Q4 Pretax Profit | $473.98 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 7 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the electrical components & equipment peer group is "buy"
Wall Street's median 12-month price target for AMETEK Inc is $232.50, about 2.1% above its February 2 closing price of $227.72
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 26 three months ago
Press Release: ID:nPn7JFk3a
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)