AMETEK Q4 sales beat analyst expectations on acquisitions

Ametek

03/02/2026 12:02

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.)