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Side-by-side financial comparison of Ametek (AME) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($2.0B vs $124.7M, roughly 16.0× SMITH & WESSON BRANDS, INC.). Ametek runs the higher net margin — 19.9% vs 1.5%, a 18.4% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (13.4% vs -3.9%). Ametek produced more free cash flow last quarter ($527.3M vs $16.3M). Over the past eight quarters, Ametek's revenue compounded faster (7.3% CAGR vs -4.8%).
AMETEK, Inc. is an American multinational conglomerate and global designer and manufacturer of electronic instruments and electromechanical devices with headquarters in the United States and over 150 sites worldwide.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
AME vs SWBI — Head-to-Head
Income Statement — Q4 2025 vs Q2 2026
| Metric | | |
|---|---|---|
| Revenue | $2.0B | $124.7M |
| Net Profit | $398.6M | $1.9M |
| Gross Margin | 36.0% | 24.3% |
| Operating Margin | 25.3% | 3.3% |
| Net Margin | 19.9% | 1.5% |
| Revenue YoY | 13.4% | -3.9% |
| Net Profit YoY | 2.9% | -53.6% |
| EPS (diluted) | $1.73 | $0.04 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $2.0B | $124.7M | ||
| Q3 25 | $1.9B | $85.1M | ||
| Q2 25 | $1.8B | $140.8M | ||
| Q1 25 | $1.7B | $115.9M | ||
| Q4 24 | $1.8B | $129.7M | ||
| Q3 24 | $1.7B | $88.3M | ||
| Q2 24 | $1.7B | $159.1M | ||
| Q1 24 | $1.7B | $137.5M |
| Q4 25 | $398.6M | $1.9M | ||
| Q3 25 | $371.4M | $-3.4M | ||
| Q2 25 | $358.4M | $8.6M | ||
| Q1 25 | $351.8M | $2.1M | ||
| Q4 24 | $387.3M | $4.5M | ||
| Q3 24 | $340.2M | $-1.9M | ||
| Q2 24 | $337.7M | $27.9M | ||
| Q1 24 | $310.9M | $7.9M |
| Q4 25 | 36.0% | 24.3% | ||
| Q3 25 | 36.3% | 25.9% | ||
| Q2 25 | 35.8% | 28.8% | ||
| Q1 25 | 36.1% | 24.1% | ||
| Q4 24 | 36.6% | 26.6% | ||
| Q3 24 | 36.0% | 27.4% | ||
| Q2 24 | 36.0% | 35.5% | ||
| Q1 24 | 34.1% | 28.7% |
| Q4 25 | 25.3% | 3.3% | ||
| Q3 25 | 25.8% | -3.5% | ||
| Q2 25 | 26.0% | 9.3% | ||
| Q1 25 | 26.3% | 4.1% | ||
| Q4 24 | 26.6% | 5.8% | ||
| Q3 24 | 26.1% | -1.7% | ||
| Q2 24 | 25.8% | 17.4% | ||
| Q1 24 | 24.0% | 8.2% |
| Q4 25 | 19.9% | 1.5% | ||
| Q3 25 | 19.6% | -4.0% | ||
| Q2 25 | 20.2% | 6.1% | ||
| Q1 25 | 20.3% | 1.8% | ||
| Q4 24 | 22.0% | 3.5% | ||
| Q3 24 | 19.9% | -2.1% | ||
| Q2 24 | 19.5% | 17.5% | ||
| Q1 24 | 17.9% | 5.7% |
| Q4 25 | $1.73 | $0.04 | ||
| Q3 25 | $1.60 | $-0.08 | ||
| Q2 25 | $1.55 | $0.19 | ||
| Q1 25 | $1.52 | $0.05 | ||
| Q4 24 | $1.67 | $0.10 | ||
| Q3 24 | $1.47 | $-0.04 | ||
| Q2 24 | $1.45 | $0.60 | ||
| Q1 24 | $1.34 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $458.0M | $22.4M |
| Total DebtLower is stronger | $2.3B | — |
| Stockholders' EquityBook value | $10.6B | $363.2M |
| Total Assets | $16.1B | $548.6M |
| Debt / EquityLower = less leverage | 0.21× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $458.0M | $22.4M | ||
| Q3 25 | $439.2M | $18.0M | ||
| Q2 25 | $619.7M | $25.2M | ||
| Q1 25 | $399.0M | $26.7M | ||
| Q4 24 | $374.0M | $39.1M | ||
| Q3 24 | $396.3M | $35.5M | ||
| Q2 24 | $396.6M | $60.8M | ||
| Q1 24 | $373.8M | $47.4M |
| Q4 25 | $2.3B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $2.1B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $10.6B | $363.2M | ||
| Q3 25 | $10.5B | $364.4M | ||
| Q2 25 | $10.4B | $372.5M | ||
| Q1 25 | $10.0B | $366.9M | ||
| Q4 24 | $9.7B | $371.5M | ||
| Q3 24 | $9.6B | $380.0M | ||
| Q2 24 | $9.3B | $399.9M | ||
| Q1 24 | $9.0B | $376.4M |
| Q4 25 | $16.1B | $548.6M | ||
| Q3 25 | $16.2B | $554.6M | ||
| Q2 25 | $15.3B | $559.6M | ||
| Q1 25 | $14.9B | $578.9M | ||
| Q4 24 | $14.6B | $587.4M | ||
| Q3 24 | $14.8B | $571.3M | ||
| Q2 24 | $14.8B | $577.4M | ||
| Q1 24 | $14.9B | $570.6M |
| Q4 25 | 0.21× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.22× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $584.3M | $27.3M |
| Free Cash FlowOCF − Capex | $527.3M | $16.3M |
| FCF MarginFCF / Revenue | 26.4% | 13.1% |
| Capex IntensityCapex / Revenue | 2.9% | 8.8% |
| Cash ConversionOCF / Net Profit | 1.47× | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | $1.7B | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $584.3M | $27.3M | ||
| Q3 25 | $440.9M | $-8.1M | ||
| Q2 25 | $359.1M | $40.8M | ||
| Q1 25 | $417.5M | $-9.8M | ||
| Q4 24 | $550.0M | $-7.4M | ||
| Q3 24 | $487.2M | $-30.8M | ||
| Q2 24 | $381.4M | $43.7M | ||
| Q1 24 | $410.2M | $25.2M |
| Q4 25 | $527.3M | $16.3M | ||
| Q3 25 | $420.0M | $-12.4M | ||
| Q2 25 | $329.8M | $33.5M | ||
| Q1 25 | $394.5M | $-16.1M | ||
| Q4 24 | $498.3M | $-10.7M | ||
| Q3 24 | $460.9M | $-35.5M | ||
| Q2 24 | $360.0M | $38.2M | ||
| Q1 24 | $382.6M | $7.0M |
| Q4 25 | 26.4% | 13.1% | ||
| Q3 25 | 22.2% | -14.6% | ||
| Q2 25 | 18.5% | 23.8% | ||
| Q1 25 | 22.8% | -13.9% | ||
| Q4 24 | 28.3% | -8.3% | ||
| Q3 24 | 27.0% | -40.2% | ||
| Q2 24 | 20.8% | 24.0% | ||
| Q1 24 | 22.0% | 5.1% |
| Q4 25 | 2.9% | 8.8% | ||
| Q3 25 | 1.1% | 5.0% | ||
| Q2 25 | 1.6% | 5.2% | ||
| Q1 25 | 1.3% | 5.4% | ||
| Q4 24 | 2.9% | 2.5% | ||
| Q3 24 | 1.5% | 5.3% | ||
| Q2 24 | 1.2% | 3.5% | ||
| Q1 24 | 1.6% | 13.2% |
| Q4 25 | 1.47× | 14.22× | ||
| Q3 25 | 1.19× | — | ||
| Q2 25 | 1.00× | 4.73× | ||
| Q1 25 | 1.19× | -4.68× | ||
| Q4 24 | 1.42× | -1.63× | ||
| Q3 24 | 1.43× | — | ||
| Q2 24 | 1.13× | 1.57× | ||
| Q1 24 | 1.32× | 3.20× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Transferred At Point In Time | $1.1B | 54% |
| Electronic Instruments Group | $620.1M | 31% |
| Transferred Over Time | $294.6M | 15% |
SWBI
Segment breakdown not available.
