Ametek INC/ (AME) intrinsic value & 10-year financials
Ametek INC/ (AME) has a Graham intrinsic value of $186.63 per share. At $248.17 on Oct 17, 2026, the stock trades 33% above that value. Over the last 10 fiscal years revenue grew 7.6% a year to $7.4B, with an average return on invested capital of 13.8%.
- Graham intrinsic value
- $186.63
- Share price (Oct 17, 2026)
- $248.17
- Price vs Graham value
- 33% above
- Market cap
- $57.4B
- Revenue (FY2025)
- $7.4B
- Revenue growth (10-yr CAGR)
- 7.6%
- ROIC (10-yr avg)
- 13.8%
- Free cash flow (FY2025)
- $1.7B
AME 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $7.4B | $1.5B | $6.40 | $1.7B | 25.8% | 14.1% |
| FY2024 | $6.9B | $1.4B | $5.93 | $1.7B | 25.6% | 13.8% |
| FY2023 | $6.6B | $1.3B | $5.67 | $1.6B | 25.9% | 14.1% |
| FY2022 | $6.2B | $1.2B | $5.01 | $1.0B | 24.4% | 13.3% |
| FY2021 | $5.5B | $990.1M | $4.25 | $1.0B | 23.6% | 13.2% |
| FY2020 | $4.5B | $872.4M | $3.77 | $1.2B | 22.6% | 11.6% |
| FY2019 | $5.2B | $861.3M | $3.75 | $1.0B | 22.8% | 14.3% |
| FY2018 | $4.8B | $777.9M | $3.34 | $843.4M | 22.2% | 14.8% |
| FY2017 | $4.3B | $681.5M | $2.94 | $758.2M | 21.3% | 15.9% |
| FY2016 | $3.8B | $512.2M | $2.19 | $693.6M | 20.9% | 12.9% |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Ametek has demonstrated mature, steady growth, with revenue compounding at 7.6% annually over the past decade.
Ametek returns on capital have been average, hovering around 13.8% ROIC over the decade.
Ametek has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Ametek is modeled at 12.7% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $186.63 per share.