Ametek

Free cash flow generation is excellent: 2024 FCF was 1.70 billion dollars on 1.83 billion dollars operating cash flow, and we estimate TTM FCF of about 1.68 billion dollars through June 30, 2025. Net debt fell to roughly 1.32 billion dollars with a net debt to capital ratio of 11.3% and weighted average interest rate on borrowings of about 3.4% as of 2024, indicating ample coverage.

Available revolver capacity exceeded 2.2 billion dollars at mid‑2025, leaving acquisition and buyback flexibility even after the FARO close.