Filing Flows

Filing Flows › Companies › Ametek › Cash flow

Ametek cash flow, quarter by quarter

Latest: Q3 2026 · from the cash-flow statements filed with the SEC

Free cash flow$527M in Q3 2026 · $1.9B over twelve months

Operating cash flow$561M
Capital spending−$33.2M
Free cash flow+$527M
Cash / net income1.3×
Cash conversion cycle91 days

Analysis

In Q3 2026, Ametek generated $561M of operating cash flow and spent $33.2M on capital projects, leaving free cash flow of $527M. That is $107M more than in Q3 2025 ($420M).

Over the twelve months to Sep 30, 2026, operating cash flow was $2.1B; the largest uses were acquisitions ($5.3B), net borrowing (+) / repaid (−) ($729M), dividends ($305M); besides operations, cash came from other financing ($4.9B), shares issued ($42.9M); the cash balance rose by $227M.

Operating cash flow was $561M against net income of $426M — 1.3× profit, cash ran ahead of reported earnings. The largest differences: depreciation & amortization +$116M, deferred revenue +$39.3M, deferred taxes −$37.3M.

Its cash conversion cycle was 91 days (receivables 52 + inventory 84 − payables 45).

Free cash flow

Ametek: free cash flow by quarterAmetek: free cash flow by quarter$498MQ4 2024$394MQ1 2025$330MQ2 2025$420MQ3 2025$527MQ4 2025$426MQ1 2026$452MQ2 2026$527MQ3 2026
Operating cash flow less capital spending.
Ametek: operating cash flow against capital spendingAmetek: operating cash flow against capital spendingOperating cash flowCapital spending$550M$51.7MQ4 2024$418M$23.1MQ1 2025$359M$29.3MQ2 2025$441M$20.9MQ3 2025$584M$57.0MQ4 2025$452M$25.5MQ1 2026$484M$32.0MQ2 2026$561M$33.2MQ3 2026
Latest (Q3 2026): Operating cash flow $561M, Capital spending $33.2M.

Capital allocation, year by year

Ametek: where the cash came from (up) and went (down), by fiscal yearAmetek: where the cash came from (up) and went (down), by fiscal yearOperating cash flowNet borrowingShares issuedAsset salesCapital spendingAcquisitionsBuybacksDividendsFY2021: Operating cash flow $1.2BFY2021: Net borrowing $184MFY2021: Shares issued $60.3MFY2021: Asset sales $12.0MFY2021: Capital spending −$111MFY2021: Acquisitions −$2.0BFY2021: Buybacks −$14.7MFY2021: Dividends −$185M$1.4BFY2021FY2022: Operating cash flow $1.1BFY2022: Net borrowing −$73.7MFY2022: Shares issued $49.9MFY2022: Asset sales $3.7MFY2022: Capital spending −$139MFY2022: Acquisitions −$430MFY2022: Buybacks −$333MFY2022: Dividends −$202M$1.2BFY2022FY2023: Operating cash flow $1.7BFY2023: Net borrowing $892MFY2023: Shares issued $50.9MFY2023: Capital spending −$136MFY2023: Acquisitions −$2.2BFY2023: Buybacks −$7.8MFY2023: Dividends −$230M$2.7BFY2023FY2024: Operating cash flow $1.8BFY2024: Net borrowing −$1.2BFY2024: Shares issued $66.9MFY2024: Capital spending −$127MFY2024: Acquisitions −$118MFY2024: Buybacks −$212MFY2024: Dividends −$259M$1.9BFY2024FY2025: Operating cash flow $1.8BFY2025: Net borrowing $6.4MFY2025: Shares issued $36.4MFY2025: Capital spending −$130MFY2025: Acquisitions −$933MFY2025: Buybacks −$434MFY2025: Dividends −$285M$1.8BFY2025
Over these 5 years operating cash flow totalled $7.7B; the largest uses were acquisitions ($5.7B) and net borrowing ($1.3B). Cash-flow statements as filed.

Cash runway and the debt wall

Cash & investments$666M
Debt$2.3B
Net debt$1.6B
Due within a year$338M

Ametek funds itself: free cash flow was $1.9B over the last twelve months, and $666M of cash and investments stands against $2.3B of debt ($338M due within a year, 2.0× covered by cash).

Ametek: debt maturities by year (FY2025)Ametek: debt maturities by year (FY2025)$338MYear 1$486MYear 2$100MYear 3$101MYear 5$49.1MAfter year 5
Principal due in each year as disclosed in the annual report, against $666M of cash and investments now.

Where the cash came from and went

Ametek: sources (+) and uses (−) of cash, Q3 2026Ametek: sources (+) and uses (−) of cash, Q3 2026Other financing$5.0BAcquisitions−$4.9BOperating cash flow$561MNet borrowing (+) / repaid (−)−$339MCash drawn (+) / kept (−)−$171MDividends−$77.9MCapital spending−$33.2MShares issued$7.3MExchange rates−$1.5MBuybacks−$146K
Ametek: sources (+) and uses (−) of cash, TTM to Q3 2026Ametek: sources (+) and uses (−) of cash, TTM to Q3 2026Acquisitions−$5.3BOther financing$4.9BOperating cash flow$2.1BNet borrowing (+) / repaid (−)−$729MDividends−$305MBuybacks−$299MCash drawn (+) / kept (−)−$227MCapital spending−$148MShares issued$42.9MExchange rates−$8.5MOther investing$472K

From profit to cash

Ametek: net income to operating cash flow, Q3 2026Ametek: net income to operating cash flow, Q3 2026Net income$426MDepreciation & amortization$116MStock-based pay$14.1MDeferred taxes−$37.3MOther non-cash$10.2MDeferred revenue$39.3MContract assets−$23.4MOperating cash flow$561M
Non-cash charges are added back; money tied up in receivables or inventory is subtracted.
QuarterReceivable daysInventory daysPayable daysCash conversion cycle
Q3 202652844591
Q2 202652814489
Q1 202653844691
Q4 202552814390
Q3 202552864396
Q2 202552874395
Q1 202551854393
Q4 202450874394

Every quarter

QuarterOperating cash flowCapital spendingAcquisitionsBuybacksDividendsNet borrowing (+) / repaid (−)Shares issuedCash drawn (+) / kept (−)Free cash flow
Q3 2026$561M−$33.2M−$4.9B−$146K−$77.9M−$339M$7.3M−$171M$527M
Q2 2026$484M−$32.0M−$215M−$165K−$77.9M−$126M$11.2M−$14.2M$452M
Q1 2026$452M−$25.5M−$210M−$27.9M−$77.8M−$82.7M$9.6M−$23.3M$426M
Q4 2025$584M−$57.0M—−$270M−$71.0M−$181M$14.8M−$18.7M$527M
Q3 2025$441M−$20.9M−$829M−$146M−$71.4M$440M$9.3M$180M$420M
Q2 2025$359M−$29.3M−$945K−$111K−$71.5M−$17.6M$7.7M−$221M$330M
Q1 2025$418M−$23.1M−$103M−$18.0M−$71.5M−$185M$4.7M−$25.0M$394M
Q4 2024$550M−$51.7M−$118M−$144M−$64.7M−$192M$27.1M$22.3M$498M

Ametek: income statement and cash flow

Ametek, Q3 2026: revenue $2.2B (+17% year over year), operating margin 26.3%. The chart follows the revenue to costs, profit and cash.

Ametek: every quarter, Q/Q and Y/Y → Open in the app

Read automatically from the company’s XBRL cash-flow statements; quarterly figures for the fourth quarter are the year less the first three. Errors are possible. Not investment advice.