AMETEK Inc logo

AMETEK Inc

1
2
NYSE:AME (USA)  
$ 177.51 -0.42 (-0.24%) 10:08 PM EST
31.31
P/B:
4.70
Market Cap:
$ 41.04B
Enterprise V:
$ 44.10B
Volume:
634.62K
Avg Vol (2M):
864.51K
Also Trade In:
Volume:
634.62K
Avg Vol (2M):
864.51K

Business Description

Description
Ametek Inc is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets, and generates major revenue. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. The majority of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.