AMETEK, Inc. Q3 2026 Earnings Recap

AMETEK shares rose 2.8%, a roughly flat reaction. The quarter delivered double-digit organic sales and orders growth, but the company did not provide enough detail here to assess how its raised outlook compared with investor expectations.

Key Takeaways

• Sales reached a record $2.22 billion, up 17% year over year; organic sales grew 10%, with acquisitions contributing seven percentage points.
• Orders rose 35%, including 17% organic growth, and backlog reached a record $4.54 billion, up 27% from the beginning of the year.
• Operating margin was 26.8%, up 60 basis points; core margin was 27.3%, up 110 basis points.
• Adjusted EPS was $2.21, up 17% and above the company’s $2.08–$2.10 guidance range. Free cash flow was a record $527 million, with 124% conversion of net income.
• Management raised full-year sales and earnings guidance, citing the quarter and its fourth-quarter outlook; the transcript excerpt provides no revised guidance figures.