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AME (AMETEK) Debt-to-EBITDA : 0.95 (As of Dec. 2024)


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What is AMETEK Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

AMETEK's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $709 Mil. AMETEK's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $1,425 Mil. AMETEK's annualized EBITDA for the quarter that ended in Dec. 2024 was $2,249 Mil. AMETEK's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was 0.95.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for AMETEK's Debt-to-EBITDA or its related term are showing as below:

AME' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.99   Med: 1.79   Max: 2.42
Current: 0.99

During the past 13 years, the highest Debt-to-EBITDA Ratio of AMETEK was 2.42. The lowest was 0.99. And the median was 1.79.

AME's Debt-to-EBITDA is ranked better than
62.43% of 2257 companies
in the Industrial Products industry
Industry Median: 1.7 vs AME: 0.99

AMETEK Debt-to-EBITDA Historical Data

The historical data trend for AMETEK's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AMETEK Debt-to-EBITDA Chart

AMETEK Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.71 1.33 1.67 0.99

AMETEK Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.58 1.43 1.21 1.09 0.95

Competitive Comparison of AMETEK's Debt-to-EBITDA

For the Specialty Industrial Machinery subindustry, AMETEK's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AMETEK's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMETEK's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where AMETEK's Debt-to-EBITDA falls into.



AMETEK Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

AMETEK's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(709.082 + 1425.375) / 2157.428
=0.99

AMETEK's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(709.082 + 1425.375) / 2248.932
=0.95

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2024) EBITDA data.


AMETEK  (NYSE:AME) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


AMETEK Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of AMETEK's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


AMETEK Business Description

Traded in Other Exchanges
Address
1100 Cassatt Road, Berwyn, PA, USA, 19312-1177
Founded in 1930 and transformed over the decades through the acquisition of dozens of esteemed brands, Ametek owns a collection of over 40 autonomous industrial businesses operating within the research, aerospace, energy, medical, and manufacturing industries. Ametek segments its business into two operating groups: the electronic instruments group and the electromechanical group. The EIG sells a broad portfolio of analytical, test, and measurement instruments, while the EMG sells highly engineered components, interconnects, and specialty metals. The company emphasizes product differentiation and market leadership in the niche markets where it operates.
Executives
Emanuela Speranza officer: CHIEF COMMERCIAL OFFICER 1100 CASSATT ROAD, BERWYN PA 19312
David A Zapico officer: Pres. - Electronic Instruments AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Tony J Ciampitti officer: PRES. - ELECTRONIC INSTRUMENTS 1100 CASSATT ROAD, BERWYN PA 19312
John Wesley Hardin officer: PRES. - ELECTRONIC INSTRUMENTS AMETEK,INC., 1100 CASSATT ROAD, BERWYN PA 19312
David F. Hermance officer: PRESIDENT - ELECTROMECHANICAL 1100 CASSATT ROAD, BERWYN PA 19312
Steven W Kohlhagen director AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Thomas A Amato director 38505 WOODWARD AVENUE, SUITE 200, BLOOMFIELD HILLS MI 48304
William Joseph Burke officer: SR. VP-Comptroller & Treasurer AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Thomas M Montgomery officer: SR. VP. - COMPTROLLER AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Thomas C Marecic officer: PRES. - ELECTRONIC INSTRUMENTS AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Ronald J Oscher officer: PRES. - ELECTRONIC INSTRUMENTS AMETEK, INC., 1100 CASSATT ROAD, BERWYN PA 19312
Anthony James Conti director 76 GOLFVIEW DRIVE, IVYLAND PA 18974
Gretchen W Mcclain director XYLEM INC., 1133 WESTCHESTER AVENUE, SUITE N200, WHITE PLAINS NY 10604
Suzanne Stefany director JELD-WEN HOLDING, INC., 440 S. CHURCH STREET, SUITE 400, CHARLOTTE NC 28202
Dean Seavers director 70 SUFFOLK ROAD, CHESTNUT HILL MA 02467