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Amphenol Corporation(APH)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$84.62
09/28/2026
(24-hour delay)

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*as per simulation (see disclosures)
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Upturn Advisory & Investor View for APH

09/28/2026: APH (5-star) is currently NOT-A-BUY. Pass it for now.

Amphenol Corporation is a major, globally diversified manufacturer of interconnect systems, sensors, and antennas. The company is known for its decentralized management structure, which has historically delivered high operating margins and consistent earnings growth. Its primary investment story centers on capturing demand from secular trends in AI data centers, electric vehicle electrification, and industrial automation. Risks include exposure to cyclical industrial markets, global supply chain volatility, and high valuation expectations. Amphenol may be well-suited for long-term growth investors who appreciate a high-quality operator, though those seeking high current income may find the dividend yield modest compared to alternative sectors.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorStrong fitAmphenol has a long-term track record of consistent growth through organic and acquisitive expansion.
Momentum investorMixed fitMomentum suitability is conditional on a sustained positive upturn in tech and industrial end-market demand.
Value investorMixed fitThe stock often trades at a premium multiple due to its quality, which may limit value-based entry points.
Dividend investorMixed fitIt offers a reliable and growing dividend, though the yield is generally lower than traditional income stocks.
Low-risk investorMediumWhile a stable, high-quality operator, the stock remains subject to broader market and cyclical economic volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMediumThe stock can experience swings in line with broader tech and industrial sector sentiment.
Valuation riskMedium / highInvestors often pay a premium for Amphenol's quality, which can lead to risk if growth expectations reset.
Competition risk (AI/Interconnect competition)MediumAggressive pricing from specialized competitors remains a factor in high-growth segments.
Business qualityStrongThe company’s high-margin, decentralized business model is widely recognized as being of high quality.
Dividend incomeLowThe dividend is safe but is not intended to be a primary source of high yield.
Execution riskMediumThe strategy depends heavily on the successful, ongoing integration of multiple smaller acquisitions.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Moderately Choppy
PRICE STABILITY

Moderately Choppy

The stock has experienced noticeable price swings while retaining some directional structure.

Analysis of Past Performance

Type Stock
Historic Profit 84.25%
Avg. Invested days 57
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 4.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/28/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
APH receives a 4-star rating, supported by solid unit economics, solid company fundamentals, solid quantitative characteristics, and solid analyst coverage. The rating is constrained by weak price momentum.

Company Fundamentals

★★★★★
APH has solid overall fundamentals (4 stars), with solid financial health, strong growth momentum, and solid ownership. In FY2025 versus FY2024, strong earnings growth (+76.2%) and strong cash generation (FCF margin 19.0%) are partially offset by very low insider ownership of 0.53%.

Financial Health Rating

★★★★★
APH's financial health is supported by strong cash strength, including free-cash-flow generation of $4.4B (19.0% of revenue). Profitability is moderate (3 stars), which helps explain the 4-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is APH's strongest growth driver at +103.7% FY2025 versus FY2024 (strong, 5 stars). Revenue growth (+51.7%, strong) and earnings growth (+76.2%, strong) are also constructive, though not equally high across every growth measure.

Ownership

★★★★★
Institutional ownership is 96.8% and approximately 99.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.53%, which materially reduces the ownership score.

Top 5 Institutional Investors

BlackRock Inc 4.13%
Vanguard Capital Management, LLC 3.24%
FMR Inc 3.22%
State Street Corp 2.33%
JPMorgan Chase & Co 2.00%

Unit Economics (Per $1K Revenue)

★★★★★
APH generates approximately $369 of gross profit, $259 of operating income, and $190 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Solid margins, cash conversion, and capital efficiency support the rating.

Economic Dimensions

★★★★★
Effective Tax Rate: 23.13%

Quantitative Style Profile

★★★★★
APH has a high-quality, large-cap, liquid profile. Weak momentum is the primary drawback, while soft valuation.

Style Classification

Quality Focused

Quality TiltHigh VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 207.36B USD
Price to earnings Ratio 42.05
1Y Target Price 99.39
Price to earnings Ratio 42.05
1Y Target Price 99.39
Volume (30-day avg) 12.1M shares
Beta 1.24
52 Weeks Range 58.82 - 89.12
Updated Date 09/26/2026
52 Weeks Range 58.82 - 89.12
Updated Date 09/26/2026
Dividends yield (FY) 0.55%
Basic EPS (TTM) 2

How Company Makes Money

Business areaWhat it includesRetail investor read
Harsh Environment ConnectorsConnectors for aerospace, military, and industrial equipment.These are high-margin, specialized parts that are difficult for competitors to displace.
Data Center & CommunicationsHigh-speed interconnects and cables for AI and cloud infrastructure.This is a key high-growth area driven by global expansion of AI compute capacity.
Automotive & IndustrialSensors and connectors for electric vehicles and factory automation.Exposure to long-term secular trends in electrification and industrial productivity.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

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Valuation

Trailing PE 42.05
Forward PE 24.57
Enterprise Value 216.07B
Price to Sales(TTM) 7.15
Enterprise Value 216.07B
Price to Sales(TTM) 7.15
Enterprise Value to Revenue 7.45
Enterprise Value to EBITDA 23.33
Shares Outstanding 2.47B
Shares Floating 2.45B
Shares Outstanding 2.47B
Shares Floating 2.45B
Percent Insiders 0.53
Percent Institutions 96.76

Icon representing Upturn AI-generated SWOT analysis summary Upturn AI Summary

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

News (Last Updated: 09/29/2026)

About Amphenol Corporation

Exchange NYSE
Headquarters Wallingford, CT, United States
IPO Launch date 1991-11-08
President, CEO & Chairman Mr. Richard Adam Norwitt J.D.
Sector Technology
Industry Electronic Components
Full time employees 170000
Full time employees 170000

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.