AMETEK Inc
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AMETEK Inc
AMETEK makes specialized electronic instruments and electromechanical parts that go into equipment used by industrial, aerospace, medical, and research customers. Its products include precision sensors, test and measurement tools, monitoring instruments, motors, pumps, and other critical components that help machines measure, move, control, or power something reliably. The company sells mainly to original equipment makers, industrial users, and laboratories that need these parts built to tight specifications. It makes money by selling new equipment and components, plus replacement parts and service for installed systems. A lot of its business comes from applications where accuracy, durability, and compliance matter more than low price. What sets AMETEK apart is that it focuses on small but important niches rather than mass-market products. That gives it a role deeper in the supply chain, where its parts are often designed into customer systems and can stay there for a long time. This mix of engineered products and recurring aftermarket sales makes the business easier to understand as a supplier of mission-critical industrial and scientific hardware.
AMETEK makes specialized electronic instruments and electromechanical parts that go into equipment used by industrial, aerospace, medical, and research customers. Its products include precision sensors, test and measurement tools, monitoring instruments, motors, pumps, and other critical components that help machines measure, move, control, or power something reliably.
The company sells mainly to original equipment makers, industrial users, and laboratories that need these parts built to tight specifications. It makes money by selling new equipment and components, plus replacement parts and service for installed systems. A lot of its business comes from applications where accuracy, durability, and compliance matter more than low price.
What sets AMETEK apart is that it focuses on small but important niches rather than mass-market products. That gives it a role deeper in the supply chain, where its parts are often designed into customer systems and can stay there for a long time. This mix of engineered products and recurring aftermarket sales makes the business easier to understand as a supplier of mission-critical industrial and scientific hardware.
Record quarter: AMETEK posted record Q2 sales of $2.04 billion, record diluted EPS of $2.09, and record orders of $2.3 billion, all ahead of expectations.
Guidance raised: Management lifted full-year 2026 sales and EPS guidance to reflect strong first-half results and a positive second-half outlook.
Orders stay strong: Organic orders rose 25% in the quarter, backlog reached a record $4.11 billion, and June was the strongest order month in company history.
Margins improved: Operating margin reached 26.6% and core margin expanded 110 basis points, helped by productivity, mix, and pricing that more than offset inflation and tariffs.
Broad demand: Management said growth is broad-based across AI-related infrastructure, power grid build-out, defense modernization, commercial aerospace, MedTech, and automation.
Capital deployment: AMETEK remains focused on acquisitions, expects Indicor Instrumentation to close in the second half, and said the FARO and Indicor deals fit its long-term growth model.
Management
David A. Zapico is an experienced leader in the industrial and electronic instruments sector, best known for his role as Chairman and Chief Executive Officer of AMETEK, Inc. He has been with the company for several decades, contributing significantly to its growth and success. Zapico joined AMETEK in 1990 and held various leadership roles across different business units. His extensive experience within the company includes serving as the President of AMETEK's Electronic Instruments Group, where he played a pivotal role in driving the group's expansion and innovation. His leadership style emphasizes operational excellence, strategic acquisitions, and an unwavering commitment to enhancing shareholder value. In May 2016, he was appointed CEO of AMETEK, and he later assumed the role of Chairman of the Board in July 2017. Under Zapico's stewardship, AMETEK has continued to grow its global footprint, with a focus on sustainability and technological advancement. His strategic vision has been instrumental in pursuing targeted acquisitions and integrating them effectively to expand AMETEK's capabilities. David Zapico holds a Bachelor of Science degree in Electrical Engineering from Case Western Reserve University and a Master of Business Administration degree from Carnegie Mellon University. His leadership is characterized by a sharp focus on innovation and market expansion, making him a pivotal figure in AMETEK's ongoing success.
Zapico joined AMETEK in 1990 and held various leadership roles across different business units. His extensive experience within the company includes serving as the President of AMETEK's Electronic Instruments Group, where he played a pivotal role in driving the group's expansion and innovation. His leadership style emphasizes operational excellence, strategic acquisitions, and an unwavering commitment to enhancing shareholder value.
In May 2016, he was appointed CEO of AMETEK, and he later assumed the role of Chairman of the Board in July 2017. Under Zapico's stewardship, AMETEK has continued to grow its global footprint, with a focus on sustainability and technological advancement. His strategic vision has been instrumental in pursuing targeted acquisitions and integrating them effectively to expand AMETEK's capabilities.
David Zapico holds a Bachelor of Science degree in Electrical Engineering from Case Western Reserve University and a Master of Business Administration degree from Carnegie Mellon University. His leadership is characterized by a sharp focus on innovation and market expansion, making him a pivotal figure in AMETEK's ongoing success.
Ronald J. Oscher is the Chief Administrative Officer of AMETEK, Inc., a global leader in electronic instruments and electromechanical devices. His responsibilities include overseeing human resources, information technology, and other administrative functions critical to AMETEK's operations. Oscher joined the company in 2010 and has held various leadership roles, contributing to the strategic growth and operational excellence of the organization. Before joining AMETEK, he had a successful career in management, developing extensive experience in corporate strategy and administration. He holds a degree from Case Western Reserve University.
John Wesley Hardin Jr. is the Executive Vice President and Chief Operating Officer of AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices. He joined AMETEK in 2012 as part of the company's acquisition of Technical Manufacturing Corporation (TMC), where he had served in various leadership roles. At AMETEK, Mr. Hardin has held positions of increasing responsibility, including Division Vice President and Business Unit Manager for the Microelectronic Packaging Division and Senior Vice President and General Manager of the Electronic Instruments Group. His leadership has been integral in driving growth and operational excellence across AMETEK. Mr. Hardin holds a Bachelor of Science degree in Industrial Engineering from Texas A&M University.
William Joseph Burke serves as the Executive Vice President and Chief Financial Officer (CFO) of AMETEK, Inc., a leading global manufacturer of electronic instruments and electromechanical devices. He assumed this role in 2016, bringing a wealth of experience in financial management and corporate strategy. Prior to becoming CFO, Burke held various leadership positions within AMETEK, including Senior Vice President, Comptroller, and Treasurer. Burke joined AMETEK in 1987 and has since been integral to the company's financial operations, contributing to its growth and strategic acquisitions. He played a significant role in overseeing AMETEK's financial planning, analysis, and reporting functions, as well as its tax and treasury operations. Burke holds a Bachelor of Science degree in Accounting from Villanova University and an MBA from the Wharton School of the University of Pennsylvania. His leadership is marked by a focus on financial discipline, operational efficiency, and strategic growth, helping maintain AMETEK's strong financial health and market position.
Burke joined AMETEK in 1987 and has since been integral to the company's financial operations, contributing to its growth and strategic acquisitions. He played a significant role in overseeing AMETEK's financial planning, analysis, and reporting functions, as well as its tax and treasury operations. Burke holds a Bachelor of Science degree in Accounting from Villanova University and an MBA from the Wharton School of the University of Pennsylvania.
His leadership is marked by a focus on financial discipline, operational efficiency, and strategic growth, helping maintain AMETEK's strong financial health and market position.
Dalip Mohan Puri is an accomplished executive known for his role at AMETEK Inc., a leading global provider of electronic instruments and electromechanical devices. As a notable figure within the company, he has contributed significantly to its strategic growth and operational excellence. AMETEK Inc., headquartered in Berwyn, Pennsylvania, is recognized for its innovation and engineering capabilities across various industries. Mr. Puri's leadership is marked by a focus on expanding the company's market reach, enhancing product offerings, and driving sustainable business practices. Through his strategic vision and business acumen, he has played a key role in steering AMETEK towards achieving its long-term objectives and maintaining its competitive edge in the market.
Stewart J. Douglas is an executive at AMETEK Inc., a leading global manufacturer of electronic instruments and electromechanical devices. He serves as Vice President and Group President, overseeing the company's Electronic Instruments Group, which provides advanced monitoring, testing, calibration, and display devices for diverse markets, including aerospace, power, and industrial markets. Mr. Douglas has played a significant role in AMETEK's growth and success, contributing to strategic initiatives and expansions within the company. He brings a wealth of experience in management and leadership, having held various roles throughout his tenure at AMETEK. His expertise in the fields related to electronic instruments has been instrumental in driving innovation and enhancing the company's competitive position. Through his leadership, Stewart J. Douglas continues to contribute to AMETEK's reputation for high-quality products and commitment to customer satisfaction. His efforts help ensure that the company maintains its status as a leader in the electronic instruments and electromechanical devices industry.
Mr. Douglas has played a significant role in AMETEK's growth and success, contributing to strategic initiatives and expansions within the company. He brings a wealth of experience in management and leadership, having held various roles throughout his tenure at AMETEK. His expertise in the fields related to electronic instruments has been instrumental in driving innovation and enhancing the company's competitive position.
Through his leadership, Stewart J. Douglas continues to contribute to AMETEK's reputation for high-quality products and commitment to customer satisfaction. His efforts help ensure that the company maintains its status as a leader in the electronic instruments and electromechanical devices industry.
Kevin C. Coleman serves as the Vice President, Chief Accounting Officer, and Corporate Controller at AMETEK, Inc. He plays a vital role in overseeing the company’s accounting policies, financial reporting, and internal controls. Mr. Coleman, who holds the CPA designation, has a robust background in finance and accounting, contributing significantly to AMETEK's financial integrity and operational success. With his extensive experience, he ensures compliance with regulatory requirements and helps drive the strategic financial management of the company. Prior to his role at AMETEK, he held various positions that strengthened his expertise in corporate finance.
Matthew C. French serves as an Executive Vice President and Chief Human Resources Officer at AMETEK Inc. He is responsible for overseeing the global human resources function, driving initiatives related to talent acquisition, development, retention, and employee engagement across the company. His leadership is instrumental in aligning human resource strategies with AMETEK's overall business objectives. French's career is characterized by his strategic approach to human capital management and his ability to foster a culture that supports innovation, efficiency, and growth within the organization. Before joining AMETEK, he has held various senior HR positions, which equipped him with a wealth of experience and expertise in organizational development, leadership effectiveness, and performance management.