What is Ametek's work in process?

Ametek (AME) reported work in process of $191.67M in Q1 2026.

How has Ametek's work in process changed year-over-year?

Ametek's work in process increased by 0.9% year-over-year, from $190.03M to $191.67M.

What is the long-term trend for Ametek's work in process?

Over 5 years (2020 to 2025), Ametek's work in process has grown at a 11.8% compound annual growth rate (CAGR), from $102.95M to $179.79M.

What does work in process mean?

Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.

Ametek AME Work in process

Work in process at other companies

Honeywell InternationalHON

$1.23B-11.9%

FortiveFTV

$13.9M-87.2%

Ralliant CorporationRAL

$133.1M—

Howmet AerospaceHWM

$924M-2.5%

Teledyne TechnologiesTDY

——

HEICOHEI

——

Other financials

Income statement

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Revenue$1.9B+11.3%

Gross profit$717.6M+14.8%

Operating income$514.9M+13.2%

Net income$399.4M+13.5%

EPS (diluted)$1.74+14.5%

Balance sheet

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Cash & equivalents$481.3M+20.6%

Total debt$1.3B-21.0%

Total equity$10.9B+9.5%

Total assets$16.3B+9.6%

Cash flow

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Operating cash flow$451.5M+8.1%

CapEx$25.5M+10.4%

Free cash flow$426.0M+8.0%

Valuation

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Market cap$55.45B+29.5%

Enterprise value$56.31B+28.0%

P/E36.3×+6.5×

P/S7.3×+1.2×

Profitability

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Gross margin36.3%+0.1pp

Operating margin25.9%-0.3pp

Net margin20.1%-0.3pp

FCF margin22.4%-2.3pp

Returns & leverage

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Return on equity14.6%-0.3pp

Debt / equity0.1×0.0×

Current ratio1.1×-0.3×

Where this comes from

Reported directly by Ametek in its filing.

Tagged under the XBRL concept us-gaap:InventoryWorkInProcessNetOfReserves.

The official record: Ametek’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Ametek's work in process?: Ametek (AME) reported work in process of $191.67M in Q1 2026.
How has Ametek's work in process changed year-over-year?: Ametek's work in process increased by 0.9% year-over-year, from $190.03M to $191.67M.
What is the long-term trend for Ametek's work in process?: Over 5 years (2020 to 2025), Ametek's work in process has grown at a 11.8% compound annual growth rate (CAGR), from $102.95M to $179.79M.
What does work in process mean?: Partially completed goods currently in the manufacturing process, including materials, labor, and overhead costs incurred to date.