Ametek Q4 EPS Rises 7.5% to $2.01, Revenues Surge 13.4%
Ametek delivered fourth-quarter EPS of $2.01, up 7.5% from $1.87 a year ago and topping the $1.94 consensus. Revenues rose 13.4% year-over-year, driven by solid growth across both operating segments.
1. Q4 Earnings Outperform Street Estimates
AME reported fourth-quarter adjusted earnings of $2.01 per share, surpassing the Zacks Consensus Estimate of $1.94 and marking a 7.5% increase over the $1.87 per share recorded in the year-ago period. This beat reflects disciplined cost management and higher margin contributions from precision motion control products, with non-GAAP operating margin expanding by 80 basis points sequentially to 23.6%.
2. Revenue Growth Fueled by Broad-Based Demand
Revenue for the quarter climbed 13.4% year over year on a constant-currency basis, driven by solid end-market demand in the Electrical Interconnect and Electromechanical segments. Sales in the Electrical Interconnect Group rose 12%, underpinned by strong orders from telecommunications and data-center customers, while the Electromechanical Group saw a 15% uptick, led by aerospace and industrial OEM bookings.
3. Strong Backlog and Capital Allocation Priorities
AME exited the period with a record backlog of $2.3 billion, up 18% year over year, providing visibility into the first half of fiscal 2026. Management reiterated its commitment to returning 50% of free cash flow to shareholders through dividends and share repurchases, having deployed $300 million in buybacks during the quarter. The board approved a 10% increase in the quarterly dividend, reflecting confidence in cash-flow generation and long-term growth prospects.