Quarterly ResultApr 30, 2026, 02:33 PM
AME Q1 Net Sales +11.3% to $1.93B; EPS $1.74; Acquires LKC
AI Summary
AMETEK, Inc. reported strong first-quarter results for 2026, with net sales increasing by 11.3% to $1.93 billion and diluted earnings per share rising 14.5% to $1.74. Net income grew 13.5% to $399.4 million. The company also completed the acquisition of LKC Technologies in January 2026 for $209.6 million and announced the acquisition of First Aviation Services in April 2026, further expanding its Electromechanical Group.
Key Highlights
- Acquired LKC Technologies in January 2026 for $209.6 million, joining EIG.
- Agreed to acquire First Aviation Services in April 2026, with $80 million annual sales, joining EMG.
- Net sales increased 11.3% to $1.93 billion for Q1 2026 from $1.73 billion in Q1 2025.
- Net income rose 13.5% to $399.4 million for Q1 2026 from $351.8 million in Q1 2025.
- Diluted EPS increased 14.5% to $1.74 for Q1 2026 from $1.52 in Q1 2025.
- Cash dividends paid per share increased 9.7% to $0.34 in Q1 2026 from $0.31 in Q1 2025.
- Electronic Instruments Group (EIG) net sales grew 10.6% to $1.26 billion.
- Electromechanical Group (EMG) net sales grew 12.8% to $663.9 million.
Price Impact
More from AME