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Side-by-side financial comparison of Ametek (AME) and WATSCO INC (WSO). Click either name above to swap in a different company.
Ametek is the larger business by last-quarter revenue ($1.9B vs $1.5B, roughly 1.3× WATSCO INC). Ametek runs the higher net margin — 20.7% vs 6.1%, a 14.6% gap on every dollar of revenue. On growth, Ametek posted the faster year-over-year revenue change (11.3% vs 0.1%). Over the past eight quarters, Ametek's revenue compounded faster (5.4% CAGR vs -15.3%).
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.
Watsco, Inc. is a distributor of air conditioning, heating and refrigeration equipment, and related parts and supplies (HVAC/R) in the United States. Watsco was founded more than 60 years ago as a manufacturer of parts, components, and tools used in the HVAC/R industry. In 1989, the company shifted from manufacturing to distribution, by acquiring Gemaire Distributors Inc., a South Florida-based Rheem distributor.
AME vs WSO — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.9B | $1.5B |
| Net Profit | $399.4M | $92.9M |
| Gross Margin | 37.2% | 27.9% |
| Operating Margin | 26.7% | 7.2% |
| Net Margin | 20.7% | 6.1% |
| Revenue YoY | 11.3% | 0.1% |
| Net Profit YoY | 13.5% | -1.7% |
| EPS (diluted) | $1.74 | — |
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.
| Q1 26 | $1.9B | $1.5B | ||
| Q4 25 | $2.0B | $1.6B | ||
| Q3 25 | $1.9B | $2.1B | ||
| Q2 25 | $1.8B | $2.1B | ||
| Q1 25 | $1.7B | $1.5B | ||
| Q4 24 | $1.8B | $1.8B | ||
| Q3 24 | $1.7B | $2.2B | ||
| Q2 24 | $1.7B | $2.1B |
| Q1 26 | $399.4M | $92.9M | ||
| Q4 25 | $398.6M | $71.7M | ||
| Q3 25 | $371.4M | $161.6M | ||
| Q2 25 | $358.4M | $183.6M | ||
| Q1 25 | $351.8M | $80.1M | ||
| Q4 24 | $387.3M | $96.8M | ||
| Q3 24 | $340.2M | $171.0M | ||
| Q2 24 | $337.7M | $181.4M |
| Q1 26 | 37.2% | 27.9% | ||
| Q4 25 | 36.0% | 27.1% | ||
| Q3 25 | 36.3% | 27.5% | ||
| Q2 25 | 35.8% | 29.3% | ||
| Q1 25 | 36.1% | 28.1% | ||
| Q4 24 | 36.6% | 26.7% | ||
| Q3 24 | 36.0% | 26.2% | ||
| Q2 24 | 36.0% | 27.1% |
| Q1 26 | 26.7% | 7.2% | ||
| Q4 25 | 25.3% | 6.4% | ||
| Q3 25 | 25.8% | 11.4% | ||
| Q2 25 | 26.0% | 13.2% | ||
| Q1 25 | 26.3% | 7.3% | ||
| Q4 24 | 26.6% | 7.8% | ||
| Q3 24 | 26.1% | 11.6% | ||
| Q2 24 | 25.8% | 12.6% |
| Q1 26 | 20.7% | 6.1% | ||
| Q4 25 | 19.9% | 4.5% | ||
| Q3 25 | 19.6% | 7.8% | ||
| Q2 25 | 20.2% | 8.9% | ||
| Q1 25 | 20.3% | 5.2% | ||
| Q4 24 | 22.0% | 5.5% | ||
| Q3 24 | 19.9% | 7.9% | ||
| Q2 24 | 19.5% | 8.5% |
| Q1 26 | $1.74 | — | ||
| Q4 25 | $1.73 | $1.82 | ||
| Q3 25 | $1.60 | $3.98 | ||
| Q2 25 | $1.55 | $4.52 | ||
| Q1 25 | $1.52 | $1.93 | ||
| Q4 24 | $1.67 | $2.42 | ||
| Q3 24 | $1.47 | $4.22 | ||
| Q2 24 | $1.45 | $4.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $481.3M | $392.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $10.9B | $3.2B |
| Total Assets | $16.3B | $4.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $481.3M | $392.7M | ||
| Q4 25 | $458.0M | $733.3M | ||
| Q3 25 | $439.2M | $524.3M | ||
| Q2 25 | $619.7M | $293.0M | ||
| Q1 25 | $399.0M | $431.8M | ||
| Q4 24 | $374.0M | $781.9M | ||
| Q3 24 | $396.3M | $550.0M | ||
| Q2 24 | $396.6M | $424.9M |
| Q1 26 | — | — | ||
| Q4 25 | $2.3B | $361.6M | ||
| Q3 25 | — | $340.8M | ||
| Q2 25 | — | $338.7M | ||
| Q1 25 | — | $346.4M | ||
| Q4 24 | $2.1B | $337.2M | ||
| Q3 24 | — | $321.0M | ||
| Q2 24 | — | $307.1M |
| Q1 26 | $10.9B | $3.2B | ||
| Q4 25 | $10.6B | $2.8B | ||
| Q3 25 | $10.5B | $2.8B | ||
| Q2 25 | $10.4B | $2.8B | ||
| Q1 25 | $10.0B | $2.7B | ||
| Q4 24 | $9.7B | $2.7B | ||
| Q3 24 | $9.6B | $2.7B | ||
| Q2 24 | $9.3B | $2.6B |
| Q1 26 | $16.3B | $4.6B | ||
| Q4 25 | $16.1B | $4.4B | ||
| Q3 25 | $16.2B | $4.6B | ||
| Q2 25 | $15.3B | $4.7B | ||
| Q1 25 | $14.9B | $4.5B | ||
| Q4 24 | $14.6B | $4.5B | ||
| Q3 24 | $14.8B | $4.5B | ||
| Q2 24 | $14.8B | $4.4B |
| Q1 26 | — | — | ||
| Q4 25 | 0.21× | 0.13× | ||
| Q3 25 | — | 0.12× | ||
| Q2 25 | — | 0.12× | ||
| Q1 25 | — | 0.13× | ||
| Q4 24 | 0.22× | 0.13× | ||
| Q3 24 | — | 0.12× | ||
| Q2 24 | — | 0.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
AME
| Electronic Instruments | $1.3B | 66% |
| Electromechanical | $663.9M | 34% |
WSO
Segment breakdown not available.
