Amphenol Corporation

APH Technology Electronic Components

Amphenol Corporation’s revenue for fiscal 2025 (year ended December 2025) was $23.1 billion, up 51.7% from fiscal 2024.

Revenue
+65.1%
EPS
+60.8%
Free cash flow
+33.5%
Total debt
+121.5%

Quarter to September 2026, against a year earlier

74.75 3.11 +4.34%
Market cap
$176.9B
P/E
30.1×
Fwd P/E
29.6×
Dividend yield
1.38%
F-score
6/9
Altman Z
6.34
Beneish M
−2.39
Dividend safety
92/100

Amphenol Corporation (APH) Gross margin

Alert me on Gross margin

Amphenol Corporation's gross margin over the twelve months to 30 September 2026 was 38.8%, up 1.9 percentage points from fiscal 2025 (36.9%). Over the past ten years it has ranged from 31.0% (fiscal 2020) to 36.9% (fiscal 2025) — the current reading is the highest in ten years. That is above the Electronic Components industry median of 32.8% and below the Technology sector median of 46.9%.

Gross margin, annual

Embed this chart

Annual newest first

Period Gross margin Change (points)
FY2025 36.9% 3.12
FY2024 33.8% 1.23
FY2023 32.5% 0.62
FY2022 31.9% 0.63
FY2021 31.3% 0.30
FY2020 31.0% (0.82)
FY2019 31.8% (0.57)
FY2018 32.4% (0.58)
FY2017 33.0% 0.50
FY2016 32.5% 0.49

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 39.3% (1.25)
Jun 2026 40.5% 3.76
Mar 2026 36.8% (1.47)
Dec 2025 38.2% 0.13
43 more quarters

Against its own ten years

Low 31.0% High 36.9%
Ten-year median 32.4%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
RAL Ralliant Corporation compare 51.6%
LFUS Littelfuse, Inc. compare 40.1%
APH Amphenol Corporation 38.8%
GLW Corning Incorporated compare 36.5%
TEL TE Connectivity Ltd. compare 36.2%
TTMI TTM Technologies, Inc. compare 22.2%
FN Fabrinet compare 12.0%
FLEX Flex Ltd. compare 9.50%
JBL Jabil, Inc. compare 9.23%
Electronic Components industry median 32.8%
Technology sector median 46.9%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

More on APH