Ametek (AME) Operating Expenses (2009 - 2026)
Ametek (AME) reported Operating Expenses of $1.52 billion for Q2 2026, up 15.2% from $1.32 billion a year earlier and up 7.3% from the prior quarter.
Ametek (AME) Operating Expenses (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Ametek's Operating Expenses came in at $5.83 billion, up 13.2% year-over-year; for FY2025, it came in at $5.49 billion, up 6.4% from FY2024.
- Operating Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 9.3% (FY2020 to FY2025).
- By year, Operating Expenses came in at $5.16 billion in FY2024 (+5.6%), $4.89 billion in FY2023 (+5.2%), $4.65 billion in FY2022 (+9.7%) and $4.24 billion in FY2021 (+20.7%).
- The Q2 2026 figure ranks as the highest quarterly Operating Expenses in data going back to Q1 2009.
- Year over year, Operating Expenses has now increased in each of the last five quarters, with growth averaging 7.3% over the last eight quarters.
- The high point for year-over-year Operating Expenses in five years was Q3 2021 (growth of 28.8%); the low point was Q1 2025 (a decline of 3.2%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.41 billion (Q1 2026), $1.49 billion (Q4 2025) and $1.4 billion (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 372.79 Bn | 344.49 Bn | 7.76 Bn | 16.25 Bn |
| 2 | Amphenol | 207.98 Bn | 202.68 Bn | 3.55 Bn | 963.40 Mn |
| 3 | Deere | 181.02 Bn | 189.78 Bn | 4.66 Bn | 10.73 Bn |
| 4 | Eaton | 166.86 Bn | 164.09 Bn | 2.86 Bn | 1.46 Bn |
| 5 | Parker-Hannifin | 120.45 Bn | 118.58 Bn | 2.25 Bn | 874.00 Mn |
| 6 | Vertiv Holdings | 92.94 Bn | 83.56 Bn | 1.23 Bn | 490.50 Mn |
| 7 | Emerson Electric | 86.56 Bn | 79.32 Bn | 2.66 Bn | 1.34 Bn |
| 8 | 3M | 84.72 Bn | 66.18 Bn | 2.68 Bn | 5.52 Bn |
| 9 | Illinois Tool Works | 73.32 Bn | 69.88 Bn | 1.90 Bn | - |
| 10 | Ametek | 56.81 Bn | 54.93 Bn | 735.04 Mn | 1.52 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.52 Bn |
| Mar 31, 2026 | 1.41 Bn |
| Dec 31, 2025 | 1.49 Bn |
| Sep 30, 2025 | 1.40 Bn |
| Jun 30, 2025 | 1.32 Bn |
| Mar 31, 2025 | 1.28 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.26 Bn |
| Jun 30, 2024 | 1.29 Bn |
| Mar 31, 2024 | 1.32 Bn |
| Dec 31, 2023 | 1.29 Bn |
| Sep 30, 2023 | 1.18 Bn |
| Jun 30, 2023 | 1.23 Bn |
| Mar 31, 2023 | 1.19 Bn |
| Dec 31, 2022 | 1.23 Bn |
| Sep 30, 2022 | 1.17 Bn |
| Jun 30, 2022 | 1.15 Bn |
| Mar 31, 2022 | 1.11 Bn |
| Dec 31, 2021 | 1.14 Bn |
| Sep 30, 2021 | 1.10 Bn |
Ametek Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-expenses&ticker=AME&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-expenses", "ticker": "AME", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-expenses&ticker=AME&period=max&api_key=YOUR_API_KEY");
const data = await res.json();