Exhibit 12

AMETEK, Inc.

Exhibit 12 - Ratio of Earnings to Fixed Charges

12/31/2018

	2018			2017			2016			2015			2014			2013
Earnings:
Income from continuing operations		987,745			796,729			693,103			806,380			804,832			724,795
Interest expense—gross		81,306			97,363			93,653			91,319			79,147			72,972
Capitalized interest		(178	)		(342	)		(207	)		(489	)		(73	)		(201	)
Amortization of debt financing costs		1,052			1,008			858			965			855			801
Interest portion of rental expense		17,516			16,553			15,425			14,518			14,874			13,177
Adjusted earnings		1,087,441			911,311			802,832			912,693			899,635			811,544
Fixed charges:
Interest expense, net of capitalized interest		81,128			97,021			93,446			90,830			79,074			72,771
Capitalized interest		178			342			207			489			73			201
Amortization of debt financing costs		1,052			1,008			858			965			855			801
Interest portion of rental expense		17,516			16,553			15,425			14,518			14,874			13,177
Fixed charges		99,874			114,924			109,936			106,802			94,876			86,950
Ratio of adjusted earnings to fixed charges		10.9			7.9			7.3			8.5			9.5			9.3