AMETEK stock follows record Q3 sales with higher 2026 outlook

Published on 11/10/2026 at 12:45 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AMETEK stock is backed by record third-quarter sales and a higher full-year earnings outlook. The Indicor deal adds to the growth plan.

Record Sales Lift Full-Year Outlook

Third-quarter sales rose 17% year over year to a record 2.22 billion US dollars.
Adjusted diluted earnings reached 2.21 US dollars per share, while operating cash flow increased 27% to 560.6 million US dollars.
AMETEK completed its Indicor Instrumentation acquisition and expects it to support fourth-quarter and full-year growth.

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AMETEK reported record third-quarter results on Tuesday, November 3, 2026, and raised its full-year outlook after completing the acquisition of Indicor Instrumentation. The industrial technology company said sales for the quarter ended September 30 reached 2.22 billion US dollars, up 17% from the year-earlier period.

AMETEK stock traded at 213.25 euros on Lang & Schwarz at 12:40 CET on Tuesday, November 10, 2026. The quote provides the current trading reference for the share, while the company's earnings update remains the central investor signal.

Strong Growth Across Both Divisions

AMETEK's Electronic Instruments Group generated record sales of 1.44 billion US dollars, an increase of 16% year over year. The Electromechanical Group reported record sales of 778.0 million US dollars, up 20% from the prior-year quarter.

On a GAAP basis, diluted earnings were a record 1.85 US dollars per share. Adjusted diluted earnings reached 2.21 US dollars per share, also a record and 17% above the prior-year period. AMETEK said the adjusted figure excludes 0.36 US dollars per share in after-tax, non-cash acquisition-related intangible amortization and transaction and integration costs.

GAAP operating income rose to a record 584.9 million US dollars. Adjusted operating income increased 20% to 594.7 million US dollars, while adjusted operating margin reached 26.8%, 60 basis points above the third quarter of 2025. Operating cash flow increased 27% to 560.6 million US dollars, and free cash flow conversion to net income was 124%.

Higher Guidance Includes Indicor

AMETEK now expects 2026 sales to increase at a mid-teens percentage rate compared with 2025. Adjusted diluted earnings are forecast at 8.53 to 8.57 US dollars per share, up from the previous range of 8.20 to 8.30 US dollars and representing growth of approximately 15% over the prior year.

Management said the revised outlook reflects the strong third quarter, the fourth-quarter outlook and the expected contribution from Indicor Instrumentation. AMETEK completed the acquisition during the third quarter, expanding its portfolio of engineered industrial technology businesses.

For the fourth quarter, AMETEK expects overall sales to rise at a low-20% rate year over year. Adjusted earnings are projected at 2.26 to 2.30 US dollars per share, corresponding to growth of 12% to 14% from the fourth quarter of 2025.

The company's investor release also points to broad organic demand, recent acquisitions and operating execution as drivers of the quarter. Chief Executive David A. Zapico said the business groups remain positioned as mission-critical providers serving secular growth markets, while disciplined capital deployment remains part of the company's operating model. The forward-looking outlook remains subject to acquisition integration, supply-chain, tariff, currency and broader economic risks.