AMETEK Announces Record First Quarter 2026 Results and Raises Full Year Guidance
AMETEK, Inc. reported record first quarter 2026 results with sales of $1.93 billion, an 11% increase year-over-year. Adjusted earnings per diluted share were $1.97, up 13% from the prior year. The company experienced strong performance in both its Electronic Instruments Group (EIG) and Electromechanical Group (EMG) segments. EIG sales increased by 11% to $1.26 billion, while EMG sales reached a record $663.9 million, up 13%. The company raised its full-year 2026 guidance, now expecting overall sales to increase by high single digits and adjusted earnings per diluted share to be in the range of $7.94 to $8.14. AMETEK also announced its agreement to acquire First Aviation Services, Inc., a provider of aviation maintenance, repair, and overhaul (MRO) services and components, for approximately $80 million in annual sales. This acquisition is expected to expand AMETEK's MRO platform and broaden its component MRO services.