30 years of historical data (1996–2025) · Technology · Hardware, Equipment & Parts
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Amphenol Corporation trades at 49.1x earnings, 46% above its 5-year average of 33.5x, sitting at the 97th percentile of its historical range. Compared to the Technology sector median P/E of 29.0x, the stock trades at a premium of 69%. On a free-cash-flow basis, the stock trades at 46.0x P/FCF, 27% above the 5-year average of 36.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $201.6B | $172.6B | $87.8B | $61.5B | $47.3B | $54.7B | $40.2B | $33.3B | $25.3B | $27.8B | $21.2B |
| Enterprise Value | $205.9B | $177.0B | $91.7B | $64.7B | $50.8B | $58.6B | $42.6B | $36.2B | $27.6B | $29.6B | $23.2B |
| P/E Ratio → | 49.09 | 40.46 | 36.17 | 31.78 | 24.88 | 34.43 | 33.36 | 28.79 | 21.10 | 42.21 | 25.45 |
| P/S Ratio | 8.73 | 7.48 | 5.76 | 4.90 | 3.75 | 5.03 | 4.68 | 4.05 | 3.09 | 3.96 | 3.37 |
| P/B Ratio | 15.50 | 12.78 | 8.90 | 7.30 | 6.67 | 8.58 | 7.38 | 7.25 | 6.23 | 6.87 | 5.69 |
| P/FCF | 46.04 | 39.43 | 40.83 | 28.54 | 26.40 | 46.37 | 30.57 | 27.61 | 31.58 | 30.28 | 23.89 |
| P/OCF | 37.50 | 32.12 | 31.18 | 24.33 | 21.74 | 35.52 | 25.26 | 22.19 | 22.77 | 24.29 | 19.66 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
Amphenol Corporation's enterprise value stands at 29.9x EBITDA, 35% above its 5-year average of 22.1x. The Technology sector median is 16.7x, placing the stock at a 78% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 7.66 | 6.03 | 5.15 | 4.02 | 5.38 | 4.95 | 4.41 | 3.37 | 4.22 | 3.68 |
| EV / EBITDA | 29.87 | 25.67 | 23.78 | 21.56 | 16.93 | 22.78 | 21.76 | 18.52 | 13.85 | 17.85 | 15.89 |
| EV / EBIT | 34.49 | 29.66 | 28.41 | 24.94 | 19.56 | 27.82 | 25.95 | 22.47 | 16.34 | 20.50 | 19.08 |
| EV / FCF | — | 40.43 | 42.67 | 30.01 | 28.36 | 49.64 | 32.39 | 30.02 | 34.44 | 32.27 | 26.11 |
Margins and return-on-capital ratios measuring operating efficiency
Amphenol Corporation earns an operating margin of 25.9%. Operating margins have expanded from 20.7% to 25.9% over the past 3 years, signaling improving operational efficiency. Return on equity of 36.6% is exceptionally high. ROIC of 28.3% represents excellent returns on invested capital.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 36.9% | 36.9% | 33.8% | 32.5% | 31.9% | 31.3% | 31.0% | 31.8% | 32.4% | 32.9% | 32.5% |
| Operating Margin | 25.9% | 25.9% | 21.6% | 20.7% | 20.7% | 20.0% | 19.2% | 20.0% | 20.7% | 20.4% | 19.7% |
| Net Profit Margin | 18.5% | 18.5% | 15.9% | 15.4% | 15.1% | 14.6% | 14.0% | 14.0% | 14.7% | 9.3% | 13.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 36.6% | 36.6% | 26.5% | 24.8% | 28.2% | 26.9% | 24.0% | 26.7% | 29.7% | 16.8% | 23.5% |
| ROA | 14.8% | 14.8% | 12.8% | 12.1% | 12.7% | 11.8% | 10.4% | 11.1% | 12.0% | 7.0% | 10.3% |
| ROIC | 28.3% | 28.3% | 19.4% | 17.5% | 18.8% | 18.1% | 16.1% | 17.8% | 20.8% | 18.6% | 18.5% |
| ROCE | 25.5% | 25.5% | 21.4% | 19.9% | 21.0% | 19.6% | 17.6% | 20.2% | 21.2% | 18.7% | 18.6% |
Solvency and debt-coverage ratios — lower is generally safer
Amphenol Corporation carries a Debt/EBITDA ratio of 2.2x, which is manageable (24% below the sector average of 2.9x). Net debt stands at $4.4B ($15.5B total debt minus $11.1B cash). Interest coverage of 16.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.15 | 1.15 | 0.74 | 0.55 | 0.69 | 0.79 | 0.75 | 0.83 | 0.88 | 0.88 | 0.81 |
| Debt / EBITDA | 2.25 | 2.25 | 1.89 | 1.55 | 1.62 | 1.96 | 2.09 | 1.95 | 1.79 | 2.14 | 2.07 |
| Net Debt / Equity | — | 0.32 | 0.40 | 0.38 | 0.49 | 0.60 | 0.44 | 0.63 | 0.56 | 0.45 | 0.53 |
| Net Debt / EBITDA | 0.63 | 0.63 | 1.03 | 1.06 | 1.17 | 1.50 | 1.22 | 1.49 | 1.15 | 1.10 | 1.36 |
| Debt / FCF | — | 1.00 | 1.84 | 1.47 | 1.95 | 3.27 | 1.82 | 2.41 | 2.86 | 1.99 | 2.23 |
| Interest Coverage | 16.23 | 16.23 | 14.88 | 18.60 | 20.22 | 18.22 | 14.23 | 13.72 | 16.62 | 15.65 | 16.72 |
Short-term solvency ratios and asset-utilisation metrics
Amphenol Corporation's current ratio of 2.98x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.48x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.17x to 2.98x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.98 | 2.98 | 2.37 | 2.17 | 2.42 | 2.43 | 2.38 | 1.97 | 1.86 | 2.95 | 2.20 |
| Quick Ratio | 2.48 | 2.48 | 1.75 | 1.48 | 1.64 | 1.66 | 1.75 | 1.36 | 1.36 | 2.25 | 1.63 |
| Cash Ratio | 1.68 | 1.68 | 0.82 | 0.53 | 0.54 | 0.51 | 0.75 | 0.43 | 0.53 | 1.11 | 0.72 |
| Asset Turnover | — | 0.64 | 0.71 | 0.76 | 0.82 | 0.74 | 0.70 | 0.76 | 0.82 | 0.70 | 0.74 |
| Inventory Turnover | 4.26 | 4.26 | 3.96 | 3.91 | 4.11 | 3.95 | 4.06 | 4.28 | 4.50 | 4.25 | 4.57 |
| Days Sales Outstanding | — | 74.55 | 78.84 | 76.12 | 76.09 | 82.38 | 82.84 | 77.05 | 79.74 | 83.22 | 78.34 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Amphenol Corporation returns 0.7% to shareholders annually — split between a 0.4% dividend yield and 0.3% buyback yield. The payout ratio of 18.8% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 2.0% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.4% | 0.5% | 0.7% | 0.8% | 1.0% | 0.6% | 0.7% | 0.8% | 1.0% | 0.7% | 0.8% |
| Payout Ratio | 18.8% | 18.8% | 24.6% | 26.0% | 25.1% | 21.8% | 24.7% | 24.2% | 21.1% | 31.5% | 21.0% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.0% | 2.5% | 2.8% | 3.1% | 4.0% | 2.9% | 3.0% | 3.5% | 4.7% | 2.4% | 3.9% |
| FCF Yield | 2.2% | 2.5% | 2.4% | 3.5% | 3.8% | 2.2% | 3.3% | 3.6% | 3.2% | 3.3% | 4.2% |
| Buyback Yield | 0.3% | 0.4% | 0.8% | 1.0% | 1.5% | 1.2% | 1.6% | 1.8% | 3.7% | 2.2% | 1.5% |
| Total Shareholder Yield | 0.7% | 0.9% | 1.5% | 1.8% | 2.6% | 1.8% | 2.3% | 2.6% | 4.7% | 3.0% | 2.4% |
| Shares Outstanding | — | $1.3B | $1.3B | $1.2B | $1.2B | $1.3B | $1.2B | $1.2B | $1.3B | $1.3B | $1.3B |
Compare APH with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $202B | 49.1 | 29.9 | 46.0 | 36.9% | 25.9% | 36.6% | 28.3% | 2.2 | |
| $64B | 35.3 | 17.1 | 19.9 | 34.6% | 18.8% | 14.6% | 14.1% | 1.6 | |
| $28B | 31.7 | 22.0 | 31.8 | 35.5% | 20.8% | 24.8% | 17.1% | 1.9 | |
| $5B | 20.9 | 12.8 | 21.9 | 36.0% | 12.2% | 18.6% | 11.0% | 3.2 | |
| $2B | -1.2 | 4.8 | 3.1 | 35.0% | 6.2% | -37.7% | 5.6% | 3.7 | |
| $168B | 105.4 | 47.9 | 118.5 | 35.3% | 14.9% | 13.7% | 9.1% | 2.8 | |
| $3B | -48.4 | 26.1 | 40.8 | 31.7% | 6.4% | -5.1% | 3.6% | 0.4 | |
| $15B | 127.0 | 252.6 | 125.3 | 52.6% | 9.0% | 18.5% | 8.9% | 0.2 | |
| $22B | 128.8 | 56.5 | — | 19.6% | 9.0% | 10.7% | 8.8% | 2.7 | |
| $2B | 30.6 | 16.4 | 22.2 | 38.5% | 15.6% | 12.1% | 11.1% | 1.0 | |
| $830M | 23.2 | 16.1 | 17.7 | 26.8% | 3.8% | 24.9% | 19.1% | 1.3 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into APH consensus models and risk factors.
Wall Street verdict, signals, and target summaries.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying APH stock.
Amphenol Corporation's current P/E ratio is 49.1x. The historical average is 25.6x. This places it at the 97th percentile of its historical range.
Amphenol Corporation's current EV/EBITDA is 29.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 14.4x.
Amphenol Corporation's return on equity (ROE) is 36.6%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 54.4%.
Based on historical data, Amphenol Corporation is trading at a P/E of 49.1x. This is at the 97th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Amphenol Corporation's current dividend yield is 0.38% with a payout ratio of 18.8%.
Amphenol Corporation has 36.9% gross margin and 25.9% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
Amphenol Corporation's Debt/EBITDA ratio is 2.2x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.