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AMETEK, Inc. (AME)
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AMETEK, Inc. (AME) Interest Coverage Ratio: 23.82x

The interest coverage ratio for AMETEK, Inc. (AME) is 23.82x as of Tuesday, June 9, 2026.

AME Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

23.82x

AME Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
AMETEK, Inc. (AME)23.82xN/AN/AN/A
Fastenal Company (FAST)$53.48B267.05x236.95x179.28x160.05x
Old Dominion Freight Line, Inc. (ODFL)$51.73B4598.13x5940.57x4148.68x2954.41x
Rockwell Automation, Inc. (ROK)$51.24B9.12x8.74x10.37x10.03x
Rocket Lab USA, Inc. (RKLB)$62.65B-8.64xN/AN/AN/A
PACCAR Inc (PCAR)$62.99B8.55x82.93x443.94x473.70x
Axon Enterprise, Inc. (AXON)$36.47B-0.66x15.52x15.52x15.52x
Paychex, Inc. (PAYX)$35.93B20.95x39.62x46.23x43.89x
Illinois Tool Works Inc. (ITW)$73.81B14.44x14.75x15.84x15.76x
Dover Corporation (DOV)$29.76B12.51x10.86x10.50x10.39x

Financial Health Indicators

Interest Coverage

23.8x

Debt/Equity

0.21

Current Ratio

1.06

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

AMETEK, Inc. Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

AMETEK, Inc. Interest Coverage Ratio FAQ

What is the interest coverage ratio for AMETEK, Inc. (AME)?
The interest coverage ratio for AME stock is 23.82x.

About AMETEK, Inc.

AMETEK, Inc. is a global enterprise that develops and markets a diverse portfolio of electronic instruments and electromechanical devices. The company's operations are structured into two principal divisions: the Electronic Instruments Group (EIG) and the Electromechanical Group (EMG). The EIG segment provides sophisticated instrumentation solutions catering to various sectors, including process control, aerospace, power generation, and general industrial applications. It also delivers specialized process and analytical tools essential for industries such as oil and gas, petrochemicals, pharmaceuticals, semiconductors, automation, and food and beverage production. Furthermore, EIG supplies equipment for laboratory settings, ultra-precision manufacturing, medical diagnostics, and critical test and measurement tasks. Its offerings encompass power quality monitoring and metering devices, uninterruptible power supplies, programmable power equipment, electromagnetic compatibility testing apparatus, gas turbine components, environmental health and safety sensors, dashboard instruments for heavy vehicles, and specialized controls for food and beverage processing. For the aviation sector, EIG manufactures aircraft and engine sensors, monitoring systems, power units, fuel and fluid measurement systems, and data acquisition solutions. The EMG segment is known for its advanced engineered electrical connectors and protective electronics packaging, safeguarding sensitive and mission-critical components. It produces high-precision motion control products crucial for applications like data storage, medical devices, office equipment, and automated systems. This segment also manufactures specialized materials, including high-purity powdered metals, strips and foils, unique clad metals, and metal matrix composites. Additionally, EMG supplies motor-blower systems and heat exchangers for thermal regulation in military and commercial aircraft, and ground vehicles. It provides motors for diverse uses, such as commercial appliances, fitness machines, food and beverage processing equipment, hydraulic pumps, and industrial fans. A key service offered by EMG is its network of aviation maintenance, repair, and overhaul (MRO) facilities. Beyond these core segments, the company also offers communication solutions tailored for clinical and educational environments. Established in 1930, AMETEK, Inc. maintains its headquarters in Berwyn, Pennsylvania.

Berwyn, PA
21,500 employees
Industrials / Electrical Equipment & Parts
Sector
Industrials
Industry
Electrical Equipment & Parts
CEO
David A. Zapico