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Amphenol Corporation

Amphenol Corporation trades under the ticker symbol APH on the NYSE. This page brings together its live stock price, an interactive price chart, and key fundamentals like market capitalization, 52-week range, dividend yield, and the next earnings date, with plain-English context to help you understand what the numbers mean.

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Stock prices move on company earnings, growth expectations, interest rates, and overall market sentiment. Use the live chart and fundamentals as a starting point for your own research, never as a buy or sell signal.

Executive summary

About Amphenol Corporation

Amphenol is one of the world's largest makers of connectors, cables, antennas, and sensors. These are the small but essential parts that link the pieces of an electronic system together and carry signals and power between them.

Its products go into a very wide range of markets, including phones, cars, aircraft, defense equipment, factory machines, communications networks, and data centers. The company is organized into three business segments and runs in a decentralized way, with many smaller units.

Amphenol grows in two ways at once: by selling more as demand rises, and by regularly buying other companies and folding them in. Data centers and AI servers have become an important source of demand, because densely packed AI hardware needs a great many high-speed connectors and cables.

How does Amphenol Corporation make money?

Source: Amphenol SEC filings (10-K) and investor relations · Last reviewed June 2026

Financial health

Amphenol Corporation scores 90 out of 100 (grade A) across the 4 measures we can read from its filings. Its strongest measure is growth (grade A); its weakest is balance-sheet health (grade B).

Rule-based grades derived from annual figures reported to the SEC. Descriptive, not a rating of the investment.

How Amphenol's business has evolved

Amphenol grew its revenue rapidly (about 15.9% a year) over the 7 years through FY2025, and profit grew even faster, so the business became more profitable as it grew. Its profit margin widened over the period. Free cash flow grew alongside profit.

Rising. Revenue went from $8.2B in FY2018 to $23.1B in FY2025, about 15.9% a year. The top line is still expanding, the first sign the business is still in demand.

Rising. Profit went from $823M in FY2016 to $4.3B in FY2025, about 20.1% a year. The business is keeping more profit over time, not less.

gross margin went from 32.4% to 36.9% (volatile); operating margin went from 20.6% to 25.4% (volatile); net margin went from 14.7% to 18.5% (volatile). Each dollar of sales is turning into more profit over time, often a sign of pricing power or scale.

Rising. Free cash flow went from $887M in FY2016 to $4.4B in FY2025, about 19.4% a year. The profit is showing up as real cash, which is what you want to see.

Over the last 10 years the company returned about $6.5B through buybacks and $3.9B through dividends to shareholders. Whether that cash was spent well depends on the price paid for the stock, which this section does not judge. It shows the choices, not a verdict.

Derived from the annual figures this company reported to the SEC. What is described already happened; it is not a forecast.

Business quality

Can it raise prices without losing customers?

Rising. Amphenol keeps about 36.9% of every sales dollar before overhead, and that share has risen over the last 7 years.

Does it get cheaper to run as it gets bigger?

Widening. Amphenol's sales grew about 15.9% a year, and its operating margin went from 20.6% to 25.4% over the same period.

How steady are its profits, year to year?

Steady. Amphenol's operating margin barely moved over the last 7 years (from 20.6% to 25.4%).

What protects this business from competitors?

The Investment Case describes Amphenol's competitive advantages, and the risks that could erode them.

These are the quality measures the financial statements support. Several others, such as brand strength and customer concentration, need human judgment and are not measured automatically.

How management uses cash

Historically, the company has used a mix of reinvestment, buybacks, and dividends.

Reinvestment

On average, capital spending used about 20% of operating cash flow across 10 fiscal years (FY2016-FY2025) - a moderate share of the cash the business generated went back into it.

Buybacks

Reported share repurchases in 10 of the 10 fiscal years shown, totaling about $6.5B (FY2016-FY2025).

Dividends

Paid a per-share dividend in each of the 10 fiscal years shown (FY2016-FY2025). In FY2025, dividends paid totaled about $802M.

Debt direction

The total debt balance rose over the window: about $3.0B in FY2016 vs about $14.6B in FY2025. This describes the balance's direction, not repayments.

Cash position

As of FY2025, held about $11.1B in cash and equivalents vs about $14.6B of total debt - more total debt than cash at that date.

Derived from annual figures this company reported to the SEC (EDGAR XBRL company facts). Descriptive history only: not a forecast, not a rating, not investment advice.

Understanding the risks

What has varied in Amphenol Corporation's past filings, and what to keep an eye on. Descriptive, not a forecast and not a rating.

Financial resilience

Earnings stability

What could go wrong

Investment case

Amphenol makes the connectors, cables, and sensors that hold electronic systems together, and it sells them into a very broad mix of markets so that no single customer or industry dominates. Demand from data centers and AI servers, which need large amounts of high-speed connection and power, has become an important growth driver on top of its steady habit of acquiring smaller companies. The long term question that frames the stock is whether Amphenol can keep riding AI and data-center demand while continuing to buy and integrate companies well without overpaying.

Educational analysis from public filings. This is not a recommendation to buy or sell any security.

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Why investors follow this company

Competitive advantages

What could go wrong

What to watch

Valuation in context

Sources: Amphenol 10-K (SEC EDGAR), Amphenol Investor Relations · Last reviewed June 2026

Concepts behind this investment case

Market Cap, Valuation, Dividend Yield

Frequently asked questions

What is the investment case for Amphenol?

Amphenol makes the connectors, cables, and sensors that hold electronic systems together, and it sells them into a very broad mix of markets so that no single customer or industry dominates. Demand from data centers and AI servers, which need large amounts of high-speed connection and power, has become an important growth driver on top of its steady habit of acquiring smaller companies.

Does Amphenol have an economic moat?

Amphenol's huge range of products and global manufacturing let it serve many industries at once, and its broad customer base means it does not depend on any single buyer.

What is the bull case for Amphenol?

AI servers and data centers use a great many high-speed connectors and cables, so the AI buildout directly increases demand for Amphenol's products.

What is the bear case for Amphenol?

Demand can swing from quarter to quarter with the economy, and orders can be cancelled, so results are not always smooth.

What are the key risks for Amphenol?

Orders can rise and fall from quarter to quarter with the economy and with specific industries, so demand is not always steady. Because growth depends partly on buying other companies, there is ongoing risk in choosing the right deals and integrating them well, including its pending purchase of CommScope's connectivity business.

How should investors think about Amphenol's valuation?

Amphenol blends organic demand with a constant stream of acquisitions, so its growth and debt can shift as deals close. Weigh it using the segment results, margins, and acquisition details in the company's own filings rather than any outside estimate.

What should investors watch with Amphenol?

Whether data-center and AI demand keeps lifting its data-center and networking products while its other markets stay healthy, which is what would need to go right for steady growth.

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Educational content only. Market data is delayed and is not financial advice. Always do your own research and consult a licensed professional before investing.