What the changes say
- Goodwill and intangible assets increased to $11,299.2 million at December 31, 2025, representing 70% of total assets compared to $10,471.1 million or 72% in the prior year.
What changed since the prior 10-K
Reworded
- 21% rewrittenRisks Related to Our Financial Condition
Our goodwill and other intangible assets represent a substantial proportion of our total assets and the impairment of such substantial goodwill and intangible assets could have a negative impact on our financial condition and results of operations
Updated the goodwill and intangible assets figure to $11,299.2 million, which comprises 70% of total assets as of December 31, 2025, compared to $10,471.1 million or 72% previously.
All 18 risk factors
Headings as the filing states them, in filing order.
Risks Related to Our Operations
- 01Our growth could suffer if the markets into which we sell our products and services decline, do not grow as anticipated, experience cyclicality, or a general downturn in the economy could adversely affect our business
- 02We may not properly execute, or realize anticipated cost savings or benefits from, our Operational Excellence initiatives
- 03Foreign and domestic economic, political, legal, compliance and business factors could negatively affect our international sales and operations
- 04Our international sales and operations may be adversely impacted by compliance with export laws
- 05Our reputation, ability to do business and financial statements may be impaired by improper conduct by any of our employees, agents or business partners
- 06Any inability to hire, train and retain a sufficient number of skilled officers and other employees could impede our ability to compete successfully
- 07If we are unable to develop new products on a timely basis, it could adversely affect our business and prospects
- 08Our technology is important to our success and our failure to protect this technology could put us at a competitive disadvantage
- 09A disruption in, shortage of, or price increases for, supply of our components and raw materials may adversely impact our operations
- 10We are subject to numerous governmental regulations, which may be burdensome or lead to significant costs
- 11We operate in highly competitive industries, which may adversely affect our results of operations or ability to expand our business
- 12Our business and financial performance could be adversely impacted by a significant disruption in, or breach in security of, our information technology systems
Risks Related to Our Acquisitions
- 13Our growth strategy includes strategic acquisitions. We may not be able to consummate future acquisitions or successfully integrate recent and future acquisitions
- 14The indemnification provisions of acquisition agreements by which we have acquired companies may not fully protect us and as a result we may face unexpected liabilities
Risks Related to Our Financial Condition
- 15Certain environmental risks may cause us to be liable for costs associated with hazardous or toxic substance clean-up which may adversely affect our financial condition
- 16We are subject to a variety of litigation and other legal and regulatory proceedings in the course of our business that could adversely affect our financial statements
- 17Restrictions contained in our revolving credit facility and other debt agreements may limit our ability to incur additional indebtedness
- 18Our goodwill and other intangible assets represent a substantial proportion of our total assets and the impairment of such substantial goodwill and intangible assets could have a negative impact on our financial condition and results of operations21% rewritten
Other Ametek 10-Ks
- FY2024 10-K risk factors18 risks
International sales represent 47.4% of consolidated net sales, exposing the company to global economic and regulatory risks. Acquisitions are core to growth, with goodwill and intangibles reaching $10,471.1 million or 72% of total assets. Operations depend heavily on specialized supply chains, including semiconductor chips and raw materials.
Filed Feb 20, 2025
About this page
The headings are the filing's own. The one-line readings and the overview are automated and can be wrong: read Item 1A of the 10-K for the exact wording.