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Amphenol Corporation(APH)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL
5-STAR RATING
PASS
LAST CLOSE
$77.26
09/16/2026
(24-hour delay)

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

09/16/2026: APH (5-star) is currently NOT-A-BUY. Pass it for now.

Amphenol Corporation is a leading global designer and manufacturer of interconnect products and sensors essential to electronics and industrial systems. The company is known for its disciplined, acquisition-led growth strategy and a decentralized business model that fosters innovation and efficiency. Its main growth story involves enabling the secular expansion of AI data centers, 5G, and the electrification of transportation. While the company is highly regarded, investors should monitor risks such as its heavy reliance on continuous M&A for growth, price competition, and cyclical exposure in global manufacturing. Amphenol is well-suited for growth-oriented investors looking for exposure to critical infrastructure technology, though the stock's valuation often reflects this premium quality.

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 fitThe company benefits from multiple long-term secular growth drivers like AI, 5G, and industrial automation.
Momentum investorStrong fit while signal remains positiveThe stock often tracks strongly with tech infrastructure and industrial cycles.
Value investorMixed fitThe company typically trades at a premium multiple due to its quality and consistent growth track record.
Dividend investorMixed fitWhile reliable, the dividend yield is relatively modest compared to income-focused stocks.
Low-risk investorMixed fitExposure to cyclical industrial and tech end-markets creates volatility in the stock price.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highThe stock's valuation often fluctuates based on macroeconomic conditions and industrial spending cycles.
Valuation riskMedium / highInvestors often pay a premium for Amphenol, leaving limited margin for error if growth slows.
Competition risk (AI infrastructure competition)MediumHigh-speed connector markets are becoming increasingly competitive as AI hardware demands intensify.
Business qualityStrongThe company’s proven decentralized model and diversified revenue streams reflect high-quality fundamentals.
Dividend incomeLowDividends are a smaller component of the total return strategy compared to capital appreciation.
Execution riskMediumThe company's reliance on continuous M&A requires successful integration of new businesses to maintain growth.

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 84.29%
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 09/16/2026

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 96.7% 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. Strong 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 valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

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

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 191.48B USD
Price to earnings Ratio 39.22
1Y Target Price 99.26
Price to earnings Ratio 39.22
1Y Target Price 99.26
Volume (30-day avg) 11.1M shares
Beta 1.24
52 Weeks Range 58.92 - 89.26
Updated Date 09/15/2026
52 Weeks Range 58.92 - 89.26
Updated Date 09/15/2026
Dividends yield (FY) 0.58%
Basic EPS (TTM) 1.98

How Company Makes Money

Business areaWhat it includesRetail investor read
Harsh Environment SolutionsConnectors for aerospace, military, and heavy industrial use.These are high-margin, specialized products for industries that prioritize reliability over price.
Communications SolutionsInterconnects for data centers, mobile networks, and IT infrastructure.This is a key driver for the stock, benefiting directly from massive investments in AI and data center hardware.
Interconnect & Sensor SystemsAutomotive, industrial, and medical sensors and advanced electronic systems.Provides stable, long-term exposure to the electrification and automation of global industry.

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 39.22
Forward PE 23.47
Enterprise Value 207.09B
Price to Sales(TTM) 6.6
Enterprise Value 207.09B
Price to Sales(TTM) 6.6
Enterprise Value to Revenue 7.14
Enterprise Value to EBITDA 22.37
Shares Outstanding 2.47B
Shares Floating 2.45B
Shares Outstanding 2.47B
Shares Floating 2.45B
Percent Insiders 0.53
Percent Institutions 96.7

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: 09/15/2026)

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.