📊 APH Key Takeaways
Is Amphenol Corp. /DE/ (APH) a Good Investment?
Amphenol demonstrates exceptional fundamentals with 51.7% YoY revenue growth and accelerating profitability (76.3% net income growth), indicating strong operating leverage and operational excellence. Robust free cash flow generation ($829.9M) combined with fortress-level interest coverage (48.1x) and solid liquidity metrics provide a financial foundation to sustain growth while managing moderate leverage.
Amphenol shows high-quality fundamentals with strong profitability, excellent free cash flow generation, and a very healthy liquidity profile. Revenue growth is exceptionally strong, and margins remain robust, but the slight decline in net income despite the sharp top-line increase suggests investors should watch earnings conversion and growth quality closely.
Why Buy Amphenol Corp. /DE/ Stock? APH Key Strengths
- Exceptional revenue growth (51.7% YoY) with net income growth outpacing revenue expansion (76.3% YoY), demonstrating operating leverage
- Strong operational efficiency with 24.0% operating margin and solid 12.2% net margin
- Robust cash generation with $829.9M free cash flow (10.9% FCF margin) providing flexibility for debt reduction and capital allocation
- Fortress-level interest coverage (48.1x) with solid liquidity ratios (1.71x current, 1.26x quick), indicating easy debt servicing capability
- Strong cash reserves of $4.1B supporting financial flexibility
- Strong profitability profile with 36.9% gross margin, 25.4% operating margin, and 18.5% net margin
- Excellent cash generation, with $5.37B in operating cash flow and $4.38B in free cash flow
- Solid financial health supported by $11.13B cash, 2.98x current ratio, and very high 154.0x interest coverage
APH Stock Risks: Amphenol Corp. /DE/ Investment Risks
- Elevated leverage with Debt/Equity ratio of 1.19x and $16.6B long-term debt; if growth falters, debt reduction could be pressured
- Lower returns on capital (ROE 6.7%, ROA 2.2%) despite strong profitability, indicating capital-intensive business model and asset-heavy structure
- Revenue growth sustainability uncertain—51.7% YoY may reflect cyclical demand spike in electronics/connectors sector rather than structural improvement
- Exposure to semiconductor/tech cycle downturn could rapidly compress margins and cash flow generation
- Net income declined 0.8% year over year even as revenue rose 51.7%, which may indicate weaker earnings conversion or integration pressure
- Leverage is meaningful, with $14.56B of long-term debt and 1.09x debt-to-equity
- Recent growth may be less durable if it was driven by acquisitions or other non-organic factors rather than sustained core demand
Key Metrics to Watch
- Quarterly revenue growth trajectory—confirm if 51.7% is sustainable or decelerating toward normalized levels
- Operating margin stability—monitor for margin compression if growth moderates
- Debt/Equity ratio trend—track whether FCF is being deployed to reduce leverage or returned to shareholders
- Free cash flow generation and conversion ratio—ensure FCF margin sustains above 10%
- Interest coverage maintenance—confirm stays above 20x minimum to support financial flexibility
- Net income and operating margin progression relative to revenue growth
- Free cash flow conversion and long-term debt levels
Amphenol Corp. /DE/ (APH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Amphenol Corp. /DE/ presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
APH Profit Margin, ROE & Profitability Analysis
APH vs Technology Sector: How Amphenol Corp. /DE/ Compares
How Amphenol Corp. /DE/ compares to Technology sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Amphenol Corp. /DE/ Stock Overvalued? APH Valuation Analysis 2026
Based on fundamental analysis, Amphenol Corp. /DE/ shows some fundamental concerns relative to the Technology sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Amphenol Corp. /DE/ Balance Sheet: APH Debt, Cash & Liquidity
APH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Amphenol Corp. /DE/'s revenue has grown significantly by 112% over the 5-year period, indicating strong business expansion. The most recent EPS of $1.55 reflects profitable operations.
APH Revenue Growth, EPS Growth & YoY Performance
APH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $4.8B | $737.8M | $0.58 |
| Q3 2025 | $4.0B | $604.4M | $0.48 |
| Q2 2025 | $3.6B | $524.8M | $0.41 |
| Q1 2025 | $3.3B | $548.7M | $0.44 |
| Q3 2024 | $3.2B | $513.9M | $0.41 |
| Q2 2024 | $3.1B | $460.5M | $0.37 |
| Q1 2024 | $3.0B | $439.2M | $0.71 |
| Q3 2023 | $3.2B | $496.6M | $0.80 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Amphenol Corp. /DE/ Dividends, Buybacks & Capital Allocation
APH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Amphenol Corp. /DE/ (CIK: 0000820313)
📋 Recent SEC Filings
❓ Frequently Asked Questions about APH
What is the AI rating for APH?
Amphenol Corp. /DE/ (APH) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 82% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are APH's key strengths?
Claude: Exceptional revenue growth (51.7% YoY) with net income growth outpacing revenue expansion (76.3% YoY), demonstrating operating leverage. Strong operational efficiency with 24.0% operating margin and solid 12.2% net margin. ChatGPT: Strong profitability profile with 36.9% gross margin, 25.4% operating margin, and 18.5% net margin. Excellent cash generation, with $5.37B in operating cash flow and $4.38B in free cash flow.
What are the risks of investing in APH?
Claude: Elevated leverage with Debt/Equity ratio of 1.19x and $16.6B long-term debt; if growth falters, debt reduction could be pressured. Lower returns on capital (ROE 6.7%, ROA 2.2%) despite strong profitability, indicating capital-intensive business model and asset-heavy structure. ChatGPT: Net income declined 0.8% year over year even as revenue rose 51.7%, which may indicate weaker earnings conversion or integration pressure. Leverage is meaningful, with $14.56B of long-term debt and 1.09x debt-to-equity.
What is APH's revenue and growth?
Amphenol Corp. /DE/ reported revenue of $7.6B.
Does APH pay dividends?
Amphenol Corp. /DE/ pays dividends, with $306.7M distributed to shareholders in the trailing twelve months.
Where can I find APH SEC filings?
Official SEC filings for Amphenol Corp. /DE/ (CIK: 0000820313) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is APH's EPS?
Amphenol Corp. /DE/ has a diluted EPS of $0.72.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is APH a good stock to buy right now?
Based on our AI fundamental analysis in May 2026, Amphenol Corp. /DE/ has a BUY rating with 82% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is APH stock overvalued or undervalued?
Valuation metrics for APH: ROE of 6.7% (sector avg: 22%), net margin of 12.2% (sector avg: 18%). Compare these metrics with sector averages to assess valuation.
Should I buy APH stock in 2026?
Our dual AI analysis gives Amphenol Corp. /DE/ a combined BUY rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is APH's free cash flow?
Amphenol Corp. /DE/'s operating cash flow is $1.1B, with capital expenditures of $291.6M. FCF margin is 10.9%.
How does APH compare to other Technology stocks?
Vs Technology sector averages: Net margin 12.2% (avg: 18%), ROE 6.7% (avg: 22%), current ratio 1.71 (avg: 2.5).