AMETEK, Inc. — Earnings Quality Grade F
AME · Industrials
Major red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 55 days, change +5 days YoY
AR growth 18.0% exceeds revenue growth 6.6%
Revenue 6.6%, CFFO -1.5%. Cash follows revenue
Expense Quality
Inventory 8.3% vs COGS 6.0%. Normal
CapEx growth 2.5% vs revenue 6.6%. Normal
SG&A/Gross Profit = 28.4%, excellent (<30%)
Gross margin 36.0%, change +0.4pp. Stable
Cash Flow Quality
CFFO/NI = 1.22. Profits backed by cash
FCF $1.7B, FCF/NI = 1.13
Accruals ratio = -2.0%. Low accruals
Cash $0.5B covers only 20% of debt $2.3B
Balance Sheet Health
Goodwill+Intangibles $11.3B = 106% of equity. Over 50%
Debt/EBITDA = 1.0x. Healthy
Other assets grew 23.3% vs revenue 6.6%
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles change 8% YoY. Normal
Manipulation Score
M-Score = -2.44 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-09