NYSE$AME
AMETEK Inc · Q3 2021 earnings
Q3 2021 earnings · · Investor relations
Briefing
Reported record results and raised 2021 guidance.
AMETEK announced record third-quarter results with sales of $1.44 billion, a 28% increase over the third quarter of 2020. Operating income increased 25% to a record $337.6 million, and adjusted earnings were a record $1.26 per diluted share, up 25% versus the prior year.
- Third quarter sales were a record $1.44 billion, a 28% increase over the third quarter of 2020.
- Operating income increased 25% to a record $337.6 million.
- Operating margins were 23.4% with strong core operating margin expansion.
- Adjusted earnings were a record $1.26 per diluted share, up 25% versus the prior year.
Headline financials
Revenue & EPS history
AMETEK · Revenue · Quarterly
$1.44B
Revenue by segment
AMETEK · $1.44B total across 2 segments · Q3 2021
- Electronic Instruments$982M+31.2%68.1%
- Electromechanical$459M+21.2%31.9%
Forward guidance
The company is increasing its guidance for the year. For 2021, they now expect overall sales to be up in the low 20% range with organic sales up low double digits on a percentage basis versus 2020. Adjusted earnings per diluted share are expected to be in the range of $4.76 to $4.78, an increase of 21% over the prior year comparable basis.
Tailwinds
- Overall sales in the fourth quarter are expected to be up in the low 20% range compared to the fourth quarter of 2020.
- Adjusted earnings per diluted share are anticipated to be in the range of $1.28 to $1.30, up 19% to 20% over the same period in 2020.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2021
+0.4%
Avg return
Earnings day
+2.0%
Avg return
5 days after
+3.8%
Avg return
30 days after
66%
48 / 73 earnings
Positive
+8.3%
Q3 2018
Best reaction
-12.0%
Q2 2024
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +3.2% | +2.9% | -0.8% | |
| Q4 2025 | -2.2% | +1.8% | -0.4% | |
| Q3 2025 | +7.6% | +7.5% | +7.4% | |
| Q2 2025 | +4.6% | +4.6% | +4.5% | |
| Q1 2025 | -1.4% | -1.0% | +5.4% | |
| Q4 2024 | -2.0% | +0.2% | +0.0% | |
| Q3 2024 | +5.6% | +7.8% | +15.1% | |
| Q2 2024 | -12.0% | -9.5% | -1.4% | |
| Q1 2024 | -4.3% | -2.5% | -2.5% | |
| Q4 2023 | -0.2% | +0.9% | +8.7% | |
| Q3 2023 | +1.6% | +2.6% | +10.8% | |
| Q2 2023 | +0.1% | -1.3% | +0.6% | |
| Q1 2023 | +3.8% | +4.1% | +5.5% | |
| Q4 2022 | +0.8% | +1.1% | -0.8% | |
| Q3 2022 | +0.3% | +4.3% | +10.5% | |
| Q2 2022 | +3.2% | +3.2% | -1.6% | |
| Q1 2022 | +0.6% | -2.5% | -2.5% | |
| Q4 2021 | -3.8% | -3.1% | -6.3% | |
| Q3 2021 | +5.2% | +5.1% | +3.6% | |
| Q2 2021 | -1.1% | -1.0% | -1.8% | |
| Q1 2021 | +1.9% | +2.2% | +1.9% | |
| Q4 2020 | +0.4% | +3.8% | +4.9% | |
| Q3 2020 | +0.0% | +7.2% | +22.0% | |
| Q2 2020 | +1.5% | +3.0% | +5.2% | |
| Q1 2020 | +2.6% | +5.8% | +18.3% | |
| Q4 2019 | -0.4% | -0.5% | -10.7% | |
| Q3 2019 | +3.2% | +5.4% | +8.4% | |
| Q2 2019 | +1.2% | -2.3% | -2.8% | |
| Q1 2019 | -1.3% | -1.9% | -7.1% | |
| Q4 2018 | +1.2% | +2.8% | +7.1% | |
| Q3 2018 | +8.3% | +11.3% | +9.5% | |
| Q2 2018 | +1.0% | +0.7% | +0.5% | |
| Q1 2018 | +1.1% | +5.1% | +7.1% | |
| Q4 2017 | +1.2% | -2.1% | -2.3% | |
| Q3 2017 | +0.6% | +1.9% | +7.2% | |
| Q2 2017 | +4.5% | +4.2% | +2.6% | |
| Q1 2017 | +4.0% | +4.5% | +6.8% | |
| Q4 2016 | +1.3% | +3.6% | +4.1% | |
| Q3 2016 | +0.0% | +0.7% | +12.0% | |
| Q2 2016 | -1.4% | +1.1% | +4.9% | |
| Q1 2016 | -8.1% | — | — | |
| Q4 2015 | -4.1% | — | — | |
| Q3 2015 | -3.7% | — | — | |
| Q2 2015 | +1.8% | — | — | |
| Q1 2015 | +0.2% | — | — | |
| Q4 2014 | +0.3% | — | — | |
| Q3 2014 | -0.8% | — | — | |
| Q2 2014 | +3.5% | — | — | |
| Q1 2014 | +0.1% | — | — | |
| Q4 2013 | +0.3% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | -3.0% | — | — | |
| Q1 2013 | -1.5% | — | — | |
| Q4 2012 | +3.5% | — | — | |
| Q3 2012 | +3.9% | — | — | |
| Q2 2012 | -6.7% | — | — | |
| Q1 2012 | +2.9% | — | — | |
| Q4 2011 | -0.2% | — | — | |
| Q3 2011 | +4.0% | — | — | |
| Q2 2011 | -9.4% | — | — | |
| Q1 2011 | +3.0% | — | — | |
| Q4 2010 | +1.8% | — | — | |
| Q3 2010 | +2.8% | — | — | |
| Q2 2010 | +0.6% | — | — | |
| Q1 2009 | -5.3% | — | — | |
| Q1 2010 | +0.9% | — | — | |
| Q4 2009 | +2.2% | — | — | |
| Q4 2007 | +2.2% | — | — | |
| Q3 2009 | +2.9% | — | — | |
| Q3 2008 | +2.9% | — | — | |
| Q2 2009 | -2.9% | — | — | |
| Q2 2008 | -2.9% | — | — | |
| Q4 2008 | -2.9% | — | — |
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