Amphenol (APH) AI Stock Analysis

• Market Cap: $163.38B
• Dividend Yield: 0.51%
• Average Volume (3M): 8.58M
• Price to Earnings (P/E): 44.6
• Beta (1Y): 1.62
• Revenue Growth: 47.37%
• EPS Growth: 72.30%
• Country: US
• Employees: 125,000
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): 0.93
• Shares Outstanding: 1,220,921,100
• 10 Day Avg. Volume: 9,138,836
• 30 Day Avg. Volume: 8,582,159
• PEG Ratio: 1.43
• Price to Book (P/B): 8.54
• Price to Sales (P/S): 5.49
• P/FCF Ratio: 38.90
• Enterprise Value/Market Cap: 1.00
• Enterprise Value/Revenue: 7.77
• Enterprise Value/Gross Profit: 21.63
• Enterprise Value/Ebitda: 27.33
• 1Y Price Target: $143.18
• Price Target Upside: 5.35% Upside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 11

• Rating: 77 Outperform
• Price Target: $152.00 ▲(11.84% Upside)

Amphenol's strong financial performance and positive earnings call sentiment are the primary drivers of its high score. Technical indicators support a positive outlook, though valuation concerns and potential overbought conditions temper enthusiasm.

Positive Factors

Revenue Growth

The significant revenue growth highlights Amphenol's strong market demand and effective sales strategies, indicating robust business expansion and increased market penetration.

Operating Margin

A strong operating margin reflects efficient cost management and operational leverage, enhancing profitability and providing a buffer against market fluctuations.

Acquisition Strategy

Strategic acquisitions expand Amphenol's product offerings and market reach, fostering long-term growth and competitive advantage in key sectors.

Negative Factors

Increased Tax Rate

An increased tax rate can reduce net income, impacting profitability and cash flow, potentially limiting resources available for reinvestment and growth.

Mobile Device Market Decline

Declining sales in the mobile device market indicate challenges in this segment, which may affect overall revenue diversification and growth potential.

Seasonal Decline in Communications Networks

Seasonal declines in key markets can lead to revenue volatility, affecting short-term financial performance and necessitating strategic adjustments.

Amphenol Business Overview & Revenue Model

Company Description

Amphenol Corporation (APH) is a leading global producer of electronic connectors, antennas, and cable assemblies. Founded in 1932, the company operates within several sectors, including telecommunications, automotive, military, aerospace, and industrial markets. Amphenol's core products include a wide range of interconnect systems and solutions that facilitate the transmission of data and power across various applications, catering to the increasing demands for connectivity in a rapidly evolving technological landscape.

How the Company Makes Money

Amphenol generates revenue primarily through the sale of its interconnect products, which include connectors, sensors, and cable assemblies. The company's revenue model is diversified across various sectors, with significant contributions from telecommunications, automotive, and military/aerospace markets. Key revenue streams include direct sales to original equipment manufacturers (OEMs), distribution partners, and end-users. Amphenol also benefits from long-term relationships and contracts with major clients, which provide a steady flow of incoming orders. The company's ability to innovate and adapt its product offerings to meet the evolving needs of its markets, alongside its global manufacturing and distribution capabilities, further enhances its revenue potential.

Amphenol Financial Statement Overview

Summary

Amphenol demonstrates a strong financial position with impressive revenue growth, profitability, and cash flow metrics. The income statement shows robust margins, while the balance sheet reflects prudent financial leverage. The cash flow is exceptional, indicating efficient earnings conversion.

Income Statement

Amphenol's TTM (Trailing-Twelve-Months) data shows a robust financial performance with a Gross Profit Margin of 34.7% and a strong Net Profit Margin of 16.9%. The company has displayed consistent revenue growth, with a notable 23.6% increase in revenue from the previous year. EBIT and EBITDA margins are also impressive at 22.4% and 17.8% respectively, highlighting operational efficiency and profitability.

Balance Sheet

The balance sheet is strong, with a low Debt-to-Equity Ratio of 0.08, indicating prudent financial leverage. The Return on Equity (ROE) is high at 27.6%, showcasing effective use of equity to generate profits. The Equity Ratio is solid at 44.9%, reflecting a stable capital structure. However, the substantial increase in equity suggests potential dilution or heavy reliance on equity financing.

Cash Flow

Amphenol exhibits exceptional cash flow management with a Free Cash Flow Growth Rate of 31.1%. The Operating Cash Flow to Net Income Ratio is healthy at 1.17, illustrating strong cash earnings. The Free Cash Flow to Net Income Ratio is also robust at 0.89, indicating efficient conversion of earnings into cash flow.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	20.97B	15.22B	12.55B	12.62B	10.88B	8.60B
Gross Profit	7.54B	5.14B	4.08B	4.03B	3.40B	2.66B
EBITDA	5.97B	3.80B	3.00B	2.99B	2.50B	1.95B
Net Income	3.82B	2.42B	1.93B	1.90B	1.59B	1.20B
Balance Sheet
Total Assets	27.14B	21.44B	16.53B	15.33B	14.68B	12.33B
Cash, Cash Equivalents and Short-Term Investments	3.89B	3.34B	1.66B	1.43B	1.24B	1.74B
Total Debt	8.07B	7.28B	4.64B	4.87B	5.05B	4.10B
Total Liabilities	14.54B	11.58B	8.10B	8.23B	8.30B	6.88B
Stockholders Equity	12.52B	9.79B	8.35B	7.02B	6.30B	5.38B
Cash Flow
Free Cash Flow	3.56B	2.15B	2.16B	1.79B	1.18B	1.32B
Operating Cash Flow	4.50B	2.81B	2.53B	2.17B	1.54B	1.59B
Investing Cash Flow	-3.83B	-2.65B	-1.39B	-731.10M	-1.89B	-333.50M
Financing Cash Flow	1.56B	1.73B	-1.01B	-1.20B	-145.20M	-516.60M

Amphenol Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 135.91
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For APH, the sentiment is Positive. The current price of 135.91 is above the 20-day moving average (MA) of 126.36, above the 50-day MA of 119.82, and above the 200-day MA of 90.97, indicating a bullish trend. The MACD of 3.66 indicates Negative momentum. The RSI at 68.12 is Neutral, neither overbought nor oversold. The STOCH value of 86.02 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for APH.

Amphenol Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
GRMN	―	$48.21B	30.90	20.73%	1.31%	19.65%	13.58%
TEL	―	$69.63B	48.65	11.63%	1.15%	4.86%	-56.43%
APH	―	$163.38B	44.61	34.78%	0.51%	47.37%	72.30%
GLW	―	$74.88B	92.55	7.55%	1.25%	14.63%	86.61%
KEYS	―	$29.12B	53.45	9.98%	―	4.80%	-39.55%
TDY	―	$24.95B	30.83	8.11%	―	7.41%	-12.85%
Sector *	―	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%

Amphenol Corporate Events

Amphenol Corp’s Earnings Call Highlights Record Growth

Amphenol Corporation’s recent earnings call painted a picture of robust growth and strategic success, despite a few challenges. The company reported record sales, earnings, and operating margins, driven by strategic acquisitions and diversified market exposure. However, the call also highlighted some challenges, such as an increased tax rate and sector-specific declines, particularly in the mobile devices market.

Amphenol Corporation Announces Record Q3 2025 Results

Amphenol Corporation is a leading global designer, manufacturer, and marketer of electrical, electronic, and fiber optic connectors and interconnect systems, operating across various high-growth sectors including automotive, aerospace, and communications networks.

Amphenol Secures $4 Billion for CommScope Acquisition

On August 22, 2025, Amphenol Corporation secured two unsecured delayed draw term loan credit agreements totaling $4 billion to finance its acquisition of CommScope Holding Company, Inc.’s Connectivity and Cable Solutions business. These loans, which remain undrawn at closing, provide flexible financial support for the acquisition, allowing Amphenol to strengthen its market position in the connectivity and cable solutions sector.

The most recent analyst rating on (APH) stock is a Buy with a $120.00 price target. To see the full list of analyst forecasts on Amphenol stock, see the APH Stock Forecast page.

Amphenol Announces Acquisition of CommScope’s CCS Business

On August 4, 2025, Amphenol Corporation announced a definitive agreement to acquire CommScope’s Connectivity and Cable Solutions (CCS) business for $10.5 billion in cash. This acquisition is set to enhance Amphenol’s capabilities in the IT datacom and communications networks markets by adding significant fiber optic interconnect solutions, particularly for artificial intelligence and data center applications. The transaction, expected to close in the first half of 2026, is anticipated to be accretive to Amphenol’s earnings per share in its first full year post-closing and will be financed through cash on hand and debt. The acquisition is expected to generate approximately $3.6 billion in sales and 26% EBITDA margins in 2025, further diversifying Amphenol’s product offerings and strengthening its market position.

The most recent analyst rating on (APH) stock is a Buy with a $82.00 price target. To see the full list of analyst forecasts on Amphenol stock, see the APH Stock Forecast page.