30 years of historical data (1996–2025) · Industrials · Industrial - Machinery
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
AMETEK, Inc. trades at 37.7x earnings, 22% above its 5-year average of 30.8x, sitting at the 100th percentile of its historical range. Compared to the Industrials sector median P/E of 25.9x, the stock trades at a premium of 46%. On a free-cash-flow basis, the stock trades at 33.1x P/FCF, 17% above the 5-year average of 28.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $55.3B | $47.5B | $41.9B | $38.2B | $32.4B | $34.2B | $28.0B | $22.9B | $15.8B | $16.8B | $11.4B |
| Enterprise Value | $57.1B | $49.3B | $43.8B | $41.1B | $34.6B | $36.6B | $29.2B | $25.3B | $18.0B | $18.3B | $13.0B |
| P/E Ratio → | 37.72 | 32.08 | 30.40 | 29.08 | 27.89 | 34.60 | 32.08 | 26.60 | 20.27 | 24.65 | 22.19 |
| P/S Ratio | 7.47 | 6.42 | 6.03 | 5.79 | 5.26 | 6.17 | 6.16 | 4.44 | 3.25 | 3.91 | 2.96 |
| P/B Ratio | 5.25 | 4.47 | 4.33 | 4.37 | 4.33 | 4.98 | 4.70 | 4.47 | 3.71 | 4.17 | 3.49 |
| P/FCF | 33.08 | 28.41 | 24.59 | 23.87 | 32.02 | 32.61 | 23.17 | 22.61 | 18.68 | 22.16 | 16.38 |
| P/OCF | 30.69 | 26.35 | 22.88 | 22.00 | 28.15 | 29.50 | 21.82 | 20.53 | 17.02 | 20.16 | 15.01 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
AMETEK, Inc.'s enterprise value stands at 30.4x EBITDA, 40% above its 5-year average of 21.7x. The Industrials sector median is 13.9x, placing the stock at a 119% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.66 | 6.31 | 6.24 | 5.62 | 6.60 | 6.43 | 4.90 | 3.72 | 4.26 | 3.38 |
| EV / EBITDA | 30.39 | 26.23 | 20.25 | 20.12 | 18.99 | 22.87 | 22.76 | 17.92 | 14.14 | 16.87 | 13.38 |
| EV / EBIT | 29.51 | 26.23 | 24.68 | 24.37 | 22.86 | 28.08 | 24.99 | 21.84 | 16.85 | 20.49 | 16.49 |
| EV / FCF | — | 29.50 | 25.74 | 25.73 | 34.21 | 34.87 | 24.20 | 25.00 | 21.38 | 24.18 | 18.72 |
Margins and return-on-capital ratios measuring operating efficiency
AMETEK, Inc. earns an operating margin of 26.2%, significantly above the Industrials sector average of 4.9%. ROE of 14.6% is modest. ROIC of 12.1% represents solid returns on invested capital versus a sector median of 6.3%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.4% | 36.4% | 35.7% | 36.1% | 34.9% | 34.5% | 34.0% | 34.7% | 34.2% | 33.5% | 32.7% |
| Operating Margin | 26.2% | 26.2% | 25.6% | 25.9% | 24.4% | 23.6% | 22.6% | 22.8% | 22.2% | 21.0% | 20.6% |
| Net Profit Margin | 20.0% | 20.0% | 19.8% | 19.9% | 18.9% | 17.8% | 19.2% | 16.7% | 16.1% | 15.8% | 13.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 14.6% | 14.6% | 15.0% | 16.2% | 16.2% | 15.4% | 15.8% | 18.4% | 18.8% | 18.7% | 15.7% |
| ROA | 9.6% | 9.6% | 9.3% | 9.6% | 9.5% | 8.9% | 8.6% | 9.3% | 9.5% | 9.1% | 7.4% |
| ROIC | 12.1% | 12.1% | 11.5% | 12.0% | 11.9% | 11.9% | 10.5% | 12.6% | 13.4% | 13.0% | 12.2% |
| ROCE | 15.0% | 15.0% | 14.4% | 14.8% | 14.2% | 13.3% | 11.6% | 14.9% | 15.3% | 14.1% | 13.4% |
Solvency and debt-coverage ratios — lower is generally safer
AMETEK, Inc. carries a Debt/EBITDA ratio of 1.2x, which is manageable (62% below the sector average of 3.2x). Net debt stands at $1.8B ($2.3B total debt minus $458M cash). Interest coverage of 23.1x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.21 | 0.21 | 0.24 | 0.39 | 0.34 | 0.40 | 0.41 | 0.55 | 0.62 | 0.54 | 0.72 |
| Debt / EBITDA | 1.21 | 1.21 | 1.07 | 1.65 | 1.41 | 1.70 | 1.92 | 1.99 | 2.06 | 2.00 | 2.41 |
| Net Debt / Equity | — | 0.17 | 0.20 | 0.34 | 0.30 | 0.35 | 0.21 | 0.47 | 0.54 | 0.38 | 0.50 |
| Net Debt / EBITDA | 0.97 | 0.97 | 0.90 | 1.45 | 1.22 | 1.48 | 0.97 | 1.71 | 1.79 | 1.41 | 1.67 |
| Debt / FCF | — | 1.09 | 1.15 | 1.85 | 2.19 | 2.26 | 1.03 | 2.39 | 2.70 | 2.02 | 2.34 |
| Interest Coverage | 23.13 | 23.13 | 15.71 | 20.64 | 18.17 | 16.22 | 13.58 | 13.09 | 13.02 | 9.13 | 8.35 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.06x means AMETEK, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.67x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 0.98x to 1.06x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.06 | 1.06 | 1.24 | 0.98 | 1.62 | 1.36 | 2.34 | 1.42 | 1.46 | 1.70 | 2.09 |
| Quick Ratio | 0.67 | 0.67 | 0.75 | 0.59 | 0.95 | 0.87 | 1.82 | 0.98 | 0.96 | 1.22 | 1.55 |
| Cash Ratio | 0.16 | 0.16 | 0.18 | 0.14 | 0.22 | 0.22 | 1.13 | 0.28 | 0.28 | 0.57 | 0.78 |
| Asset Turnover | — | 0.46 | 0.47 | 0.44 | 0.49 | 0.47 | 0.44 | 0.52 | 0.56 | 0.55 | 0.54 |
| Inventory Turnover | 4.26 | 4.26 | 4.37 | 3.72 | 3.84 | 4.72 | 5.36 | 5.40 | 5.10 | 5.29 | 5.25 |
| Days Sales Outstanding | — | 55.20 | 49.89 | 56.04 | 54.56 | 54.57 | 48.03 | 52.70 | 55.20 | 56.72 | 56.30 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
AMETEK, Inc. returns 1.3% to shareholders annually — split between a 0.5% dividend yield and 0.8% buyback yield. The payout ratio of 19.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.7% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.5% | 0.6% | 0.6% | 0.6% | 0.6% | 0.5% | 0.6% | 0.6% | 0.8% | 0.5% | 0.7% |
| Payout Ratio | 19.3% | 19.3% | 18.8% | 17.5% | 17.4% | 18.6% | 18.9% | 14.8% | 16.6% | 12.1% | 16.3% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.7% | 3.1% | 3.3% | 3.4% | 3.6% | 2.9% | 3.1% | 3.8% | 4.9% | 4.1% | 4.5% |
| FCF Yield | 3.0% | 3.5% | 4.1% | 4.2% | 3.1% | 3.1% | 4.3% | 4.4% | 5.4% | 4.5% | 6.1% |
| Buyback Yield | 0.8% | 0.9% | 0.5% | 0.0% | 1.0% | 0.0% | 0.0% | 0.1% | 2.3% | 0.0% | 3.0% |
| Total Shareholder Yield | 1.3% | 1.5% | 1.1% | 0.6% | 1.7% | 0.6% | 0.6% | 0.6% | 3.2% | 0.5% | 3.7% |
| Shares Outstanding | — | $231M | $232M | $232M | $232M | $233M | $231M | $229M | $233M | $232M | $234M |
Compare AME with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $55B | 37.7 | 30.4 | 33.1 | 36.4% | 26.2% | 14.6% | 12.1% | 1.2 | |
| $124B | 34.7 | 18.1 | 23.5 | 60.9% | 20.9% | 7.1% | 5.9% | 2.4 | |
| $36B | 24.7 | 14.5 | 14.5 | 69.2% | 28.3% | 7.9% | 6.1% | 3.0 | |
| $19B | 34.7 | 17.3 | 19.0 | 61.0% | 17.7% | 7.0% | 6.0% | 2.6 | |
| $75B | 24.8 | 18.1 | 27.7 | 44.1% | 26.3% | 93.7% | 29.0% | 1.9 | |
| $13B | 20.2 | 14.8 | 17.3 | 40.5% | 20.5% | 17.6% | 12.1% | 1.7 | |
| $30B | 34.1 | 21.6 | 27.8 | 39.2% | 18.8% | 8.9% | 7.0% | 1.8 | |
| $63B | 75.1 | 52.3 | 49.1 | 62.1% | 17.6% | 15.4% | 11.5% | 2.4 | |
| $33B | 25.8 | 19.7 | 28.9 | 52.4% | 21.3% | 20.6% | 13.5% | 1.9 | |
| $15B | 36.2 | 20.5 | 112.8 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 | |
| $5B | 94.5 | 27.5 | 102.3 | 44.4% | 11.9% | 5.2% | 7.4% | 1.9 | |
| Industrials Median | — | 25.9 | 13.9 | 20.6 | 32.8% | 4.9% | 8.2% | 6.3% | 3.2 |
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Start ComparisonQuick answers to the most common questions about buying AME stock.
AMETEK, Inc.'s current P/E ratio is 37.7x. The historical average is 21.7x. This places it at the 100th percentile of its historical range.
AMETEK, Inc.'s current EV/EBITDA is 30.4x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.
AMETEK, Inc.'s return on equity (ROE) is 14.6%. The historical average is 20.6%.
Based on historical data, AMETEK, Inc. is trading at a P/E of 37.7x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
AMETEK, Inc.'s current dividend yield is 0.51% with a payout ratio of 19.3%.
AMETEK, Inc. has 36.4% gross margin and 26.2% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
AMETEK, Inc.'s Debt/EBITDA ratio is 1.2x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.