AMETEK, Inc. vs Remitly Global Inc — how do they compare? AMETEK, Inc. trades at $255.78 (market cap $58.76B), while Remitly Global Inc trades at $23.73 (market cap $4.97B). The key difference: AMETEK, Inc. is far larger — about 11.8× Remitly Global Inc's market cap, and AMETEK, Inc. pays a 0.53% dividend while Remitly Global Inc pays none. Which is the better fit depends on your goals.
| AME | RELY | |
|---|---|---|
Market Cap | $58.76B | $4.97B |
Sector | Industrials | Technology |
52-Week High | $256.30 | $25.93 |
52-Week Low | $179.28 | $12.20 |
Enterprise Value | $60.30B | $4.33B |
Dividend Yield | 0.53% | — |
Trailing returns across standard periods
Ametek is a diversified industrial conglomerate with over $6 billion in sales. The firm operates through an electronic instruments group and an electromechanical group. EIG designs and manufactures differentiated and advanced instruments for the process, aerospace, power, and industrial end markets. EMG is a focused, niche supplier of highly engineered automation solutions, thermal management systems, specialty metals, and electrical interconnects, among other products. About half of the firm's sales are made in the United States. The firm's asset-light strategy in place for nearly two decades emphasizes growth through acquisitions, new product development through research and development, driving operational efficiencies, and global and market expansion.
Read more on AME →Remitly Global Inc provides integrated financial services to immigrants, including helping customers send money internationally in a quick, reliable, and more cost-effective manner by leveraging digital channels. It supports cross-border transmissions across the globe. Its revenue is generated on transaction fees charged to customers and foreign exchange spreads between the foreign exchange rate offered to customers and the foreign exchange rate on the company's currency purchases.
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