AMETEK reported first quarter 2026 sales of $1.93 billion, an increase of 11% year-over-year, and adjusted earnings per share of $1.97, up 13% from the prior year. The company raised its full-year adjusted EPS guidance and announced a new acquisition.
Key Highlights
- Record orders in the quarter increased 23% year-over-year, resulting in a record backlog.
- The Electromechanical Group (EMG) delivered record sales of $663.9 million, up 13%, with operating margins expanding by 380 basis points to 25.7%.
- Full-year 2026 adjusted EPS guidance was raised to a range of $7.94 to $8.14, up from the prior range of $7.87 to $8.07.
- The company announced an agreement to acquire First Aviation Services, which has annual sales of approximately $80 million.