APH Technology

Amphenol Corporation

$84.19+5.45%

Price as of close on Nov 3, 2026 · Financials updated Oct 6, 2026

Basics

Sector: Technology
Industry: Electronic Components
Country: United States
Market cap: 207.6B USD
Enterprise value: 209.1B USD
Full-time employees: 170,000

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.24 vs a peer median of 0.87) and more debt relative to equity (1.21× vs a peer median of 0.25×)higher risk: bigger price swings (beta 1.24 vs peers 0.87) and more debt vs equity (1.21× vs peers 0.25×)
About average: valuation

Ranks #459 of 1,612 technology companies (top 29%)

See how it ranks against its peers

Worth knowing

Operating margin at a 6-year high. 25% in 2025, the best of the last 6 years.
Amphenol kept 25% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.
Profits growing faster than sales. Since 2022: revenue +83%, operating profit +127%.
Since 2022, Amphenol's revenue grew 83% while operating profit grew 127%: each extra dollar of sales is adding more profit.
Profit is backed by cash. Free cash flow is 92% of reported profit.
Amphenol's free cash flow is 92% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.
Wide margins. Operating margin 27% (12 months to Jun 2026) vs a peer median of 6.3%.Operating margin 27% vs peers 6.3%.
Amphenol keeps 27% of revenue as operating profit, more than 93% of peers (median 6.3%).

StockQuotient Score

61/ 100▼ 1 since Oct 27 close

Oct 5 62 → Nov 4 61 (-1)

Valuation

Is the price right?

46/100

Moderate▼ 4 since Oct 27 close

3/3 inputs reported · High confidence

Since last quarter: No major changeValuation also moves with the share price every day.

Why it changed since the Oct 27, 2026 close: Score 50 → 46

Share price +7.6%-2
Peer companies moved-2

Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.

Why

Close to the peer norm on every measure.

Compare with peers

Behind the score

Sector-normalized EBITDA, earnings, and free cash flow yields.

Earnings yield2.5%

SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score 0.10Sector median: 0.0225 · MAD: 0.0225

EBITDA yield4.1%

SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -0.03Sector median: 0.0423 · MAD: 0.0361

Free cash flow yield2.3%

SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingReported value20% base weight · Z-score -0.17Sector median: 0.0274 · MAD: 0.0274

Other data (not scored)

Book yield7.5%

SEC filings · latest balance sheetReported valueInformational · 0% composite weightSector median: 0.3292 · MAD: 0.1754

Growth

Is it growing?

95/100

Strong

3/3 inputs reported · High confidence

Since last quarter: ▲ Stronger

12-month revenue up 12.0%

Why

Stronger than most peers on:

▲ 3-yr revenue
▲ Revenue growth
▲ EPS growth

Compare with peers

Behind the score

Revenue and earnings-per-share growth over one year, and revenue growth over three years.

Earnings per share growth60.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.61Sector median: 0.1108 · MAD: 0.3050

3-year revenue growth32.2%

SEC filings · 3 years to Jun 2026Outlier capped at sector 5th/95th percentile33% base weight · Z-score 3.42Sector median: 0.0483 · MAD: 0.0793

Revenue growth54.2%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 4.49Sector median: 0.0853 · MAD: 0.1017

Profitability

Does it earn well?

89/100

Strong

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Stronger than most peers on:

▲ Operating margin
▲ ROA
▲ ROIC

Compare with peers

Behind the score

Return on invested capital, operating margin, and return on assets.

Operating margin27.0%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 2.92Sector median: 0.0631 · MAD: 0.0710

Return on assets11.5%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 2.36Sector median: 0.0293 · MAD: 0.0362

Return on invested capital20.9%

SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 1.65Sector median: 0.0676 · MAD: 0.0857

Other data (not scored)

Gross margin38.5%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.3343 · MAD: 0.1632

Return on equity33.2%

SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.0753 · MAD: 0.0889

Risk

Debt, liquidity, price swings

Higher

Higher relative risk

3/3 inputs reported · High confidence

Since last quarter: No major change

Why

Weaker than most peers on:

▼ Debt / equity
▼ Beta

Compare with peers

Behind the score

Relative to sector peers: 0 = lower relative risk · 1 = moderate · 2 = higher. Based on leverage, beta and liquidity.

Beta1.24

Yahoo Finance · 5-year monthly beta vs the marketReported value33% base weight · Z-score -0.98Sector median: 0.8710 · MAD: 0.3700

Current ratio1.89×

SEC filings · latest balance sheetReported value33% base weight · Z-score 0.09Sector median: 1.8295 · MAD: 0.6848

Debt / equity1.21×

SEC filings · latest balance sheetReported value33% base weight · Z-score -4.25Sector median: 0.2495 · MAD: 0.2270

Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.

Questions investors ask about Amphenol

Is Amphenol getting weaker?: Its latest SEC filing (Jul 31, 2026) showed no major changes. Its overall score is 61/100, down 1 since Oct 28, 2026.
How is Amphenol valued vs its peers?: Priced about in line with its peers. Valuation scores 46/100 against 1,711 technology peers.
Is Amphenol growing?: Yes, faster than most of its peers. Growth scores 95/100 against 1,711 technology peers. 3-year revenue growth 32.2% vs a peer median of 4.8% (stronger than 95% of peers).3-year revenue growth 32.2% vs peers 4.8% (stronger than 95% of peers).
How profitable is Amphenol?: More profitable than most of its peers. Profitability scores 89/100 against 1,711 technology peers. Operating margin 27.0% vs a peer median of 6.3% (stronger than 93% of peers).Operating margin 27.0% vs peers 6.3% (stronger than 93% of peers).
How risky is Amphenol?: Higher risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Debt / equity 1.21× vs a peer median of 0.25× (weaker than 87% of peers).Debt / equity 1.21× vs peers 0.25× (weaker than 87% of peers). A relative measure, not a bankruptcy probability.

Latest filing: what changed

Quarter ended Jun 30, 2026 · filed Jul 31, 2026 · compared with the quarter ended Mar 31, 2026

No major changes

	Previous quarter	Latest quarter	Change
Revenue (12 months)	25.9B USD	29.0B USD	+12.0%
Net income (12 months)	4.5B USD	5.1B USD	+15.2%
Operating margin	25.8%	27.0%	+1.3 pts
Free cash flow (12 months)	4.6B USD	4.7B USD	+1.8%
Debt	18.7B USD	18.8B USD	+0.3%
Cash	4.1B USD	4.7B USD	+14.6%
Shares outstanding	1.23B	1.23B	+0.2%

From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.

Industry valuation context

Industry: Electronic Components · 19 companies

Valuations in Electronic Components are near the top of their range since Mar 2016.

90% of months since Mar 2016 were valued lower than now.
87% of companies are in the most expensive fifth of their own price-to-sales history.
Median price-to-sales is +2% vs the whole market, against a usual −24%.

Mar 2016Shaded: most expensive fifth of its range2026

Financials

Fiscal years from SEC annual filings · change vs the prior year

Key ratios	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	Change
Gross margin	31.3%	31.9%	32.5%	33.8%	36.9%	▲ 3.1 pts
Operating margin	19.4%	20.5%	20.4%	20.7%	25.4%	▲ 4.7 pts
Net margin	14.6%	15.1%	15.4%	15.9%	18.5%	▲ 2.6 pts
Return on assets (ROA)	10.8%	12.4%	11.7%	11.3%	11.8%	▲ 0.5 pts
Return on equity (ROE)	25.2%	27.1%	23.1%	24.8%	31.8%	▲ 7.1 pts
Free cash flow margin	10.8%	14.2%	17.2%	14.1%	19.0%	▲ 4.8 pts
Current ratio	2.43×	2.42×	2.17×	2.37×	2.98×	▲ 26%
Quick ratio	1.66×	1.64×	1.48×	1.75×	2.48×	▲ 42%
Debt to equity	0.76×	0.65×	0.52×	0.70×	1.16×	▲ 64%
Interest coverage	18.23×	20.14×	18.35×	14.55×	15.96×	▲ 9.7%

APH price history

Price history is added with the daily price update and will appear after the next one.

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Bringing the fundamentals into focus…

Overall health

Drawback: higher risk than most peers: its share price swings more than most peers’ (beta 1.24 vs a peer median of 0.87) and more debt relative to equity (1.21× vs a peer median of 0.25×)higher risk: bigger price swings (beta 1.24 vs peers 0.87) and more debt vs equity (1.21× vs peers 0.25×)

About average: valuation

Ranks #459 of 1,612 technology companies (top 29%)

See how it ranks against its peers

Worth knowing

Operating margin at a 6-year high. 25% in 2025, the best of the last 6 years.

Amphenol kept 25% of revenue as operating profit in 2025, its highest in the 6 years of filings we have.

Profits growing faster than sales. Since 2022: revenue +83%, operating profit +127%.

Since 2022, Amphenol's revenue grew 83% while operating profit grew 127%: each extra dollar of sales is adding more profit.

Profit is backed by cash. Free cash flow is 92% of reported profit.

Amphenol's free cash flow is 92% of its reported profit, so its earnings are turning into cash it can reinvest, pay out or use to reduce debt.

Wide margins. Operating margin 27% (12 months to Jun 2026) vs a peer median of 6.3%.Operating margin 27% vs peers 6.3%.

Amphenol keeps 27% of revenue as operating profit, more than 93% of peers (median 6.3%).

Questions investors ask about Amphenol

Is Amphenol getting weaker?

Its latest SEC filing (Jul 31, 2026) showed no major changes. Its overall score is 61/100, down 1 since Oct 28, 2026.

How is Amphenol valued vs its peers?

Priced about in line with its peers. Valuation scores 46/100 against 1,711 technology peers.

Is Amphenol growing?

Yes, faster than most of its peers. Growth scores 95/100 against 1,711 technology peers. 3-year revenue growth 32.2% vs a peer median of 4.8% (stronger than 95% of peers).3-year revenue growth 32.2% vs peers 4.8% (stronger than 95% of peers).

How profitable is Amphenol?

More profitable than most of its peers. Profitability scores 89/100 against 1,711 technology peers. Operating margin 27.0% vs a peer median of 6.3% (stronger than 93% of peers).Operating margin 27.0% vs peers 6.3% (stronger than 93% of peers).

How risky is Amphenol?

Higher risk relative to 1,711 technology peers, judged on debt, liquidity and share-price swings. Debt / equity 1.21× vs a peer median of 0.25× (weaker than 87% of peers).Debt / equity 1.21× vs peers 0.25× (weaker than 87% of peers). A relative measure, not a bankruptcy probability.

Previous quarter

Latest quarter

Change

Revenue (12 months)

25.9B USD

29.0B USD

+12.0%

Net income (12 months)

4.5B USD

5.1B USD

+15.2%

Operating margin

25.8%

27.0%

+1.3 pts

Free cash flow (12 months)

4.6B USD

4.7B USD

+1.8%

Debt

18.7B USD

18.8B USD

+0.3%

Cash

4.1B USD

4.7B USD

+14.6%

Shares outstanding

1.23B

1.23B

+0.2%

Key ratios

FY 2021

FY 2022

FY 2023

FY 2024

FY 2025

Change

Gross margin

31.3%

31.9%

32.5%

33.8%

36.9%

▲ 3.1 pts

Operating margin

19.4%

20.5%

20.4%

20.7%

25.4%

▲ 4.7 pts

Net margin

14.6%

15.1%

15.4%

15.9%

18.5%

▲ 2.6 pts

Return on assets (ROA)

10.8%

12.4%

11.7%

11.3%

11.8%

▲ 0.5 pts

Return on equity (ROE)

25.2%

27.1%

23.1%

24.8%

31.8%

▲ 7.1 pts

Free cash flow margin

10.8%

14.2%

17.2%

14.1%

19.0%

▲ 4.8 pts

Current ratio

2.43×

2.42×

2.17×

2.37×

2.98×

▲ 26%

Quick ratio

1.66×

1.64×

1.48×

1.75×

2.48×

▲ 42%

Debt to equity

0.76×

0.65×

0.52×

0.70×

1.16×

▲ 64%

Interest coverage

18.23×

20.14×

18.35×

14.55×

15.96×

▲ 9.7%