AMETEK INC/ (AME) — payout ratio, three ways
Fiscal year ending 2025-12-31 · sector Industrials · payout ratios computed from SEC filings, not taken from a data vendor.
| Basis | Payout | Why it differs |
|---|---|---|
| GAAP earnings | 19.3% | The figure most screeners publish. |
| Operating cash flow | 15.8% | Before capital spending, so it understates the payout that free cash flow shows. |
| Free cash flow | 17.1% | What is left after maintaining the business. |
Spread between highest and lowest: 3 percentage points. Same filings, different denominators.
Coverage rating 70 / 100 — Adequate. ? Peer standing 35/50Direction 18/30Stability 18/20
Free cash flow payout, last 6 years
| Fiscal year | Payout |
|---|---|
| 2025-12-31 | 17.1% |
| 2024-12-31 | 15.2% |
| 2023-12-31 | 14.4% |
| 2022-12-31 | 20.0% |
| 2021-12-31 | 17.6% |
| 2020-12-31 | 13.7% |
Among the 73 industrials companies here, 70% pay out a larger share on this basis.
The arithmetic
- GAAP earnings — dividends declared per share $1.23 ÷ diluted EPS $6.40
- Operating cash flow — dividends paid $285.3m ÷ operating cash flow $1,801.8m
- Free cash flow — dividends paid $285.3m ÷ (operating cash flow $1,801.8m − capex $130.2m)
Where the figures came from
- 10-K filed 2026-02-17 · accession
0001037868-26-000016
Every one is public at sec.gov and free to check. That is the point — you should not have to take my word for any of it.
Caveats on this company
- DPS derived from dividends paid ($1.23); no per-share tag filed
Computed by an open pipeline reading SEC XBRL directly. If any number here looks wrong to you, tell me — that is more useful to me than agreement.