Revenue Growth Momentum
AME posted revenue of $1.93B in Q1 FY2026, up 11.3% year-over-year from $1.73B, reflecting broad-based demand across its diversified industrial and electronic instruments segments.
来源: 10-Q Income Statement
该报告暂无中文版，以下为英文版分析。
按公开的固定规则计算，不是模型的主观判断——但其中一项输入（高等级风险的条数）取自下方的 AI 分析。
非投资建议，也不是目标价——评的是本季基本面，不是股价。 完整方法论 →
AI核心结论
AMETEK (AME) delivered strong Q1 FY2026 results with revenue of $1.93B (+11.3% YoY) and net income of $399.4M (+13.5% YoY), driven by solid operating leverage and margin expansion.
营收
19.28亿美元
同比 +11.34%
每股收益（稀释）
1.74美元
同比 +14.47%
营业利润
5.15亿美元
同比 +13.22%
SEC XBRL 原值
Ametek INC/ (AME) Q1 FY2026 营收 19.28亿美元，同比增长 11.3%。 营业利润率 26.7%，较去年同期的 26.3% 扩大 0.4 个百分点。 经营活动现金流 4.52亿美元，同比增长 8.1%。 AME 的财年 Q1 FY2026 对应日历 Q1 2026。
近 4 个季度：4 次超预期
| 季度 | 实际 EPS（美元） | 市场预期（美元） | 结果 |
|---|---|---|---|
| 2026年6月 | 2.09 | 2.01 | 超预期 +3.8% |
| 2026年3月本次财报 | 1.97 | 1.92 | 超预期 +2.5% |
| 2025年12月 | 2.01 | 1.96 | 超预期 +2.3% |
| 2025年9月 | 1.89 | 1.78 | 超预期 +6.4% |
2026年3月 调整后（非 GAAP） EPS 1.97美元，分析师一致预期 1.92美元，超预期 +2.5%。 分析师一致预期按市场通行的调整后（非 GAAP）口径。本季 GAAP 稀释每股收益为 1.74美元。
由 AI 基于本次 SEC 报告整理
AME posted revenue of $1.93B in Q1 FY2026, up 11.3% year-over-year from $1.73B, reflecting broad-based demand across its diversified industrial and electronic instruments segments.
来源: 10-Q Income Statement
Operating margin improved modestly to 26.7% from 26.3% in the prior-year period, demonstrating continued operational discipline even as SG&A expenses rose 19.1% YoY to $202.6M.
来源: 10-Q Income Statement / Key Ratios
Diluted EPS grew 14.5% YoY to $1.74 from $1.52, outpacing revenue growth and reflecting both higher net income and the benefit of share repurchase activity.
来源: 10-Q Income Statement
Operating cash flow reached $451.5M in Q1 FY2026, up 8.1% YoY, underscoring AME's ability to convert earnings into cash, though investing outflows nearly doubled to -$234.6M, likely reflecting acquisition or capital deployment activity.
来源: 10-Q Cash Flow Statement
Current liabilities jumped 40.4% YoY to $2.76B, narrowing the current ratio to 1.14, which warrants monitoring; long-term debt declined 27.2% YoY to $1.06B, suggesting a possible reclassification of debt to current or active debt repayment.
来源: 10-Q Balance Sheet
由 AI 基于本次 SEC 报告整理 · 高 1 中 3 低 1
Current liabilities surged 40.4% YoY to $2.76B while current assets grew only 13.6% to $3.14B, compressing the current ratio to 1.14. This tightening liquidity position could constrain financial flexibility if operating cash flows soften or refinancing conditions deteriorate.
来源: 10-Q Balance Sheet
SG&A expenses grew 19.1% YoY to $202.6M, significantly faster than the 11.3% revenue growth rate. Sustained cost inflation in selling and administrative functions could erode the operating margin gains achieved through revenue growth.
来源: 10-Q Income Statement
Investing cash outflows nearly doubled YoY to -$234.6M, suggesting significant capital deployment, potentially through acquisitions. Integration risk, goodwill impairment exposure, and the impact on leverage ratios are key concerns given AME's acquisition-driven growth strategy.
来源: 10-Q Cash Flow Statement
Long-term debt declined sharply by 27.2% YoY to $1.06B, while current liabilities rose substantially, potentially indicating near-term debt maturities being reclassified to current. Refinancing in a higher-rate environment could increase interest expense and pressure net margins.
来源: 10-Q Balance Sheet
ROE of 3.66% and ROA of 2.45% on a quarterly basis reflect AME's large and growing asset base of $16.3B, which includes significant intangible assets from acquisitions. If acquired businesses underperform, returns could compress further.
来源: 10-Q Key Ratios / Balance Sheet
| 指标 | 当期 | 上期 | 同比变化 |
|---|---|---|---|
营收 亿美元 | 19.28 亿美元 | 17.32 亿美元 | +11.34% |
营业成本 亿美元 | 12.11 亿美元 | 11.07 亿美元 | +9.39% |
营业利润 亿美元 | 5.15 亿美元 | 4.55 亿美元 | +13.22% |
净利润 亿美元 | 3.99 亿美元 | 3.52 亿美元 | +13.53% |
每股收益（基本） 美元 | 1.74 美元 | 1.52 美元 | +14.47% |
每股收益（稀释） 美元 | 1.74 美元 | 1.52 美元 | +14.47% |
销售及管理费用 亿美元 | 2.03 亿美元 | 1.70 亿美元 | +19.07% |
答案基于本次 SEC 报告与本页数据