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 37.1x earnings, 20% 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 25.6x, the stock trades at a premium of 45%. On a free-cash-flow basis, the stock trades at 32.5x P/FCF, 15% 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 | $54.4B | $47.5B | $41.9B | $38.2B | $32.4B | $34.2B | $28.0B | $22.9B | $15.8B | $16.8B | $11.4B |
| Enterprise Value | $56.2B | $49.3B | $43.8B | $41.1B | $34.6B | $36.6B | $29.2B | $25.3B | $18.0B | $18.3B | $13.0B |
| P/E Ratio → | 37.10 | 32.08 | 30.40 | 29.08 | 27.89 | 34.60 | 32.08 | 26.60 | 20.27 | 24.65 | 22.19 |
| P/S Ratio | 7.35 | 6.42 | 6.03 | 5.79 | 5.26 | 6.17 | 6.16 | 4.44 | 3.25 | 3.91 | 2.96 |
| P/B Ratio | 5.17 | 4.47 | 4.33 | 4.37 | 4.33 | 4.98 | 4.70 | 4.47 | 3.71 | 4.17 | 3.49 |
| P/FCF | 32.54 | 28.41 | 24.59 | 23.87 | 32.02 | 32.61 | 23.17 | 22.61 | 18.68 | 22.16 | 16.38 |
| P/OCF | 30.18 | 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 29.9x EBITDA, 38% above its 5-year average of 21.7x. The Industrials sector median is 13.8x, placing the stock at a 116% 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 | 29.91 | 26.23 | 20.25 | 20.12 | 18.99 | 22.87 | 22.76 | 17.92 | 14.14 | 16.87 | 13.38 |
| EV / EBIT | 29.04 | 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 4.3%. ROE of 14.6% is modest. ROIC of 12.1% represents solid returns on invested capital versus a sector median of 6.1%.
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 | 3.1% | 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 |
|---|---|---|---|---|---|---|---|---|---|
| $54B | 37.1 | 29.9 | 32.5 | 36.4% | 26.2% | 14.6% | 12.1% | 1.2 | |
| $125B | 35.2 | 18.4 | 23.8 | 60.9% | 20.9% | 7.1% | 5.9% | 2.4 | |
| $34B | 23.3 | 13.8 | 13.6 | 69.2% | 28.3% | 7.9% | 6.1% | 3.0 | |
| $19B | 35.1 | 17.5 | 19.2 | 61.0% | 17.7% | 7.0% | 6.0% | 2.6 | |
| $76B | 25.2 | 18.3 | 28.1 | 44.1% | 26.3% | 93.7% | 29.0% | 1.9 | |
| $12B | 18.8 | 13.9 | 16.1 | 40.5% | 20.5% | 17.6% | 12.1% | 1.7 | |
| $29B | 32.8 | 20.9 | 26.7 | 39.2% | 18.8% | 8.9% | 7.0% | 1.8 | |
| $62B | 74.5 | 51.9 | 48.7 | 62.1% | 17.6% | 15.4% | 11.5% | 2.4 | |
| $36B | 27.8 | 21.2 | 31.2 | 52.4% | 21.3% | 20.6% | 13.5% | 1.9 | |
| $12B | 28.1 | 16.2 | 87.4 | 68.3% | 16.9% | 7.3% | 6.8% | 1.8 | |
| $6B | 105.6 | 30.7 | 114.2 | 41.6% | 11.9% | 5.2% | 7.4% | 1.9 | |
| Industrials Median | — | 25.6 | 13.8 | 20.0 | 32.0% | 4.3% | 8.2% | 6.1% | 3.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into AME consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying AME stock.
AMETEK, Inc.'s current P/E ratio is 37.1x. The historical average is 21.7x. This places it at the 100th percentile of its historical range.
AMETEK, Inc.'s current EV/EBITDA is 29.9x. 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 37.1x. 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 0.52% 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.