Ametek Inc (AME)
Financial leverage ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 14,631,200 | 15,023,500 | 12,431,100 | 11,898,200 | 10,357,500 |
| Total stockholders’ equity | US$ in thousands | 9,655,300 | 8,730,190 | 7,476,510 | 6,871,880 | 5,949,350 |
| Financial leverage ratio | 1.52 | 1.72 | 1.66 | 1.73 | 1.74 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $14,631,200K ÷ $9,655,300K
= 1.52
The financial leverage ratio for Ametek Inc has shown a slight fluctuation over the past five years. It decreased from 1.74 in December 2020 to 1.52 in December 2024, indicating a reduction in the company's reliance on debt to finance its operations. Despite some variations, the ratio has generally remained within a relatively stable range, with the lowest point being in December 2024. Overall, a decreasing trend in the financial leverage ratio suggests improved financial stability and lower risk associated with debt obligations for Ametek Inc.
Peer comparison
Dec 31, 2024
Company name
Symbol
Financial leverage ratio
Ametek Inc
AME
1.52
Cognex Corporation
CGNX
1.31
Danaher Corporation
DHR
1.57
Fortive Corp
FTV
1.67
Keysight Technologies Inc
KEYS
1.82
Mesa Laboratories Inc
MLAB
3.07
MKS Instruments Inc
MKSI
3.70
Roper Technologies, Inc.
ROP
1.66
Sensata Technologies Holding NV
ST
2.47