AMETEK Posts Record Quarter and Lifts 2026 Earnings Outlook
The industrial technology company reported 17% sales growth and raised its full-year adjusted earnings forecast after a record third quarter.
Key takeaways
- Third-quarter sales reached a record $2.22 billion, up 17% from a year earlier.
- Adjusted earnings were a record $2.21 per diluted share, up 17%.
- AMETEK raised its 2026 adjusted earnings outlook to $8.53-$8.57 per diluted share.
AMETEK reported record third-quarter sales of $2.22 billion, up 17% from a year earlier, and adjusted earnings of $2.21 per diluted share, also a record. Adjusted earnings rose 17% year over year.
Adjusted operating income increased 20% to $594.7 million, while the adjusted operating margin reached 26.8%, up 60 basis points. Operating cash flow rose 27% to $560.6 million.
Sales at the Electronic Instruments Group climbed 16% to a record $1.44 billion. The Electromechanical Group reported record sales of $778 million, up 20%. AMETEK said it completed its acquisition of Indicor Instrumentation during the quarter.
The company now expects 2026 adjusted earnings of $8.53 to $8.57 per diluted share, up from its prior range of $8.20 to $8.30. AMETEK also forecast full-year sales growth in the mid-teens and fourth-quarter adjusted earnings of $2.26 to $2.30 per share.
This article was produced with the help of AI technology. Based on reporting by the outlets listed above.
