Management remarks
Call period: 2026 Q2 · 2026-08-04
Guidance: Dalip Puri: For the full year, we expect depreciation and amortization to be approximately $430 million, including after-tax acquisition-related intangible amortization of approximately $210 million or $0.91 per diluted share.Demand and orders: David Zapico: Overall orders were a record $2.3 billion, up 28% versus the prior year, with organic orders up sharply at 25%, leading to a record backlog of $4.11 billion.Margins: David Zapico: EMG's core operating margins were 26.2%, a 290 basis point increase versus the second quarter of 2025.Analyst Q&A
Analyst Matt Summerville asked: Can you maybe talk about the build you're seeing in your backlog and how the duration in your backlog, i.e., visibility compares now to maybe the longer-term AMETEK historical average? Management David Zapico answered: Sure. Our backlog was now $4.11 billion, up about 21% from the end of the year. And we had a positive book-to-bill of 1.12 in the quarter, both groups positive. And we also are executing very well. We saw an acceleration of organic growth from Q1 to Q2. And what you really have is our customers are, related to the infrastructure build-out, are placing orders with us. And our products are customized unique products. So there's some engineering design that goes into this. These are not commodity products.管理层陈述
电话会期间：2026 Q2 · 2026-08-04
指引：达利普·普里：我们预计全年折旧及摊销费用约为4.3亿美元，其中包括税后收购相关无形资产摊销约2.1亿美元，合每股摊薄收益0.91美元。需求与订单：大卫·扎皮科：整体订单达创纪录的23亿美元，同比增长28%，有机订单大幅增长25%，带动积压订单达创纪录的41.1亿美元。利润率：大卫·扎皮科：EMG的核心营业利润率为26.2%，较2025年第二季度增长290个基点。分析师问答
分析师马特·萨默维尔询问公司当前的订单积压规模以及积压订单的交付周期与AMETEK历史平均水平相比如何。管理层大卫·扎皮科回应称，当前积压订单为41.1亿美元，较年末增长约21%，本季度订单出货比为1.12，两个业务板块均表现积极。有机增长率从第一季度到第二季度有所加速，因基础设施建设相关客户下单，公司产品为定制化非大宗商品，需进行工程设计。This earnings research was prepared from company results, regulatory filings, financial statements, and earnings-call transcripts or official replays. It is for informational purposes only and does not constitute investment advice.这篇财报研究基于公司业绩公告、监管文件、财务报表，以及财报电话会议记录或官方回放整理。内容仅供参考，不构成投资建议。
