CHARGED ALPHATMFrontier AI stock research

APH · NYSE

Amphenol Corporation

Electronic Components · United States

USD 79.31-0.8% daily changeQuote 2026-11-11 · USD
Market cap (USD)
US$195.84B
Trailing P/E
34.33x
Forward P/E
21.88x
Quarterly revenue growth
65.1%
Trailing net margin
18.0%
Indicated dividend yield
0.8%

Snapshot 2026-11-11 · Latest financial period 2026-09-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2027-01-27 (provider estimate; issuer confirmation unavailable here).

Company background

Amphenol Corporation, together with its subsidiaries, designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems. The company offers connectors and connector systems, including high speed, radio frequency, power, fiber optic and other interconnect products; busbars and power distribution systems; power interconnect products; and other products. It also provides value-add products, such as backplane interconnect systems, cable assemblies and harnesses, and cable management products; and other products comprising flexible and rigid printed circuit boards, hinges, other mechanical, and production related products. In addition, the company offers consumer device, network infrastructure, and other antennas; coaxial, power, and specialty cables; and sensors and sensor-based products. It sells its products through its sales force, independent representatives, and a network of electronics distributors to original equipment manufacturers, electronic manufacturing services companies, original design manufacturers, and service providers in the automotive, commercial aerospace, communications networks, defense, industrial, information technology and data communications, mobile devices markets. Additionally, the company provides telecommunication and IT networking solutions. The company was founded in 1932 and is headquartered in Wallingford, Connecticut.

Company website

Q3 2026

Go beyond the headline.

APH Stock: Record Orders, but Who Pays for the Growth? | Q3 2026

Published 2026-10-28

Q3 2026 REPORT HIGHLIGHTS

What’s changed for APH

Organic growth and underlying margins accelerate, while acquisition spending and a demanding valuation make cash conversion the next test.

  1. Organic demand is exceptional.

    The 65% reported growth includes 37% organic growth; this is more than acquired revenue.

  2. Refunds obscure improvement.

    Removing disclosed tariff benefits gives 29.53% Q3 adjusted operating margin versus 28.87% in Q2.

  3. FCF does not pay for every acquisition.

    Issuer FCF deducts capital expenditure but excludes cash spent buying businesses.

  4. The split demands care.

    Earlier per-share history is divided by two; mixed-basis aggregate analyst targets are excluded.

  5. Valuation remains the constraint.

    A $6.5B first forward cash assumption needs roughly 24.64% subsequent annual growth in our five-year model to justify the reference price.

Comparable businesses

APH peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

No suitable peers with fresh, comparable size data are available. We have not substituted unrelated companies.

Market metrics · missing or inapplicable values shown as —
MetricAPHAmphenol CorporationSnapshot 2026-11-11Financial period: 2026-09-30
Market capMarket value, converted to USDUS$195.84B
Forward P/EProvider forward earnings estimate21.88x
EV / EBITDAEnterprise value / trailing EBITDA19.25x
Revenue growthLatest quarter vs prior-year quarter65.1%
Operating marginLatest reported quarter28.7%
Free cash flow yieldTrailing cash flow / market cap2.2%
Net debt / EBITDANet debt / trailing EBITDA1.15x
Debt / equityTotal debt / positive book equity1.03x
Trailing P/ETrailing twelve-month earnings34.33x
Price / bookPrice / positive book equity per share11.43x
EV / salesEnterprise value / trailing revenue6.36x
Earnings growthLatest quarter vs prior-year quarter61.2%
Gross marginTrailing twelve months39.2%
Net marginTrailing twelve months18.0%
Return on equityProvider trailing return; positive equity only40.1%
Free cash flow marginTrailing free cash flow / revenue13.0%
Dividend yieldIndicated annual dividend / price0.8%
Earnings payoutProvider trailing dividend payout21.7%
Current ratioCurrent assets / current liabilities1.94x
BetaProvider historical market sensitivity1.28

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

Reported performance

Financial trends

Reporting period
Financial history
Chart style
Comparison stocks

Financial statements load separately from the research page.

Market context

Valuation & price history

Adjusted closing price

Price history

Price history loads separately.

Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-11-11. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for APH

All available reporting periods
Q3 20262026-10-28
Q2 20262026-08-03
Q1 20262026-04-29
Q4 20252026-04-15

APH Stock: $6.4B Revenue — Q4 2025 Earnings Analysis

Presentation · 2026-04-15 · YouTube

APH Stock: $6.4B Revenue — Q4 2025 Earnings Analysis

Presentation · 2026-04-15 · YouTube

Reported figures

Verify material figures against company filings. Market data and AI-assisted analysis may contain errors.