Amphenol Corporation (APH) Key Metrics
APH valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $195.67B
- Enterprise value
- $216.07B
- P/E (TTM)
- 39.7 10-yr median 16.3
- Forward P/E
- 24.6
- PEG ratio
- 0.93
- Price / sales
- 6.7 10-yr median 2.2
- Price / book
- 13.1 10-yr median 3.6
- EV / EBITDA
- 23.3 10-yr median 10.7
- Dividend yield
- 0.63% $0.50 a year
- Beta
- 1.24
APH key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsAPH valuation Price multiples at each fiscal year-end price.
APH returns How much profit the business earns on the capital it uses.
APH per-share figures Results divided by the shares outstanding at year-end.
APH financial health Debt, liquidity and how easily interest is covered.
APH efficiency & capital use Working capital cycle and where the cash goes.
APH valuation history
APH returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
APH debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
APH cash returned to shareholders
APH price vs earnings per share
APH key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $172.64B | $87.76B | $30.76B | $23.64B | $27.35B | $20.11B | $16.66B | $12.66B | $13.89B | $10.59B |
| Enterprise value | $176.71B | $91.70B | $33.44B | $26.78B | $30.91B | $22.23B | $19.36B | $14.94B | $15.68B | $12.43B |
| P/E ratio | 40.4 | 36.2 | 16.0 | 12.4 | 17.2 | 16.7 | 14.4 | 10.5 | 21.4 | 12.9 |
| Price / sales | 7.5 | 5.8 | 2.5 | 1.9 | 2.5 | 2.3 | 2.0 | 1.5 | 2.0 | 1.7 |
| Price / book | 12.9 | 9.0 | 3.7 | 3.3 | 4.3 | 3.7 | 3.6 | 3.1 | 3.4 | 2.8 |
| Price / free cash flow | 39.4 | 40.8 | 14.3 | 13.2 | 23.2 | 15.3 | 13.8 | 15.8 | 15.1 | 11.9 |
| Price / operating cash flow | 32.1 | 31.2 | 12.2 | 10.9 | 17.8 | 12.6 | 11.1 | 11.4 | 12.1 | 9.8 |
| EV / sales | 7.7 | 6.0 | 2.7 | 2.1 | 2.8 | 2.6 | 2.4 | 1.8 | 2.2 | 2.0 |
| EV / EBITDA | 25.3 | 24.1 | 13.1 | 9.0 | 12.4 | 11.4 | 10.1 | 7.5 | 9.4 | 8.7 |
| EV / free cash flow | 40.4 | 42.7 | 15.5 | 15.0 | 26.2 | 16.9 | 16.0 | 18.6 | 17.1 | 14.0 |
| Earnings yield | 2.5% | 2.8% | 6.3% | 8.0% | 5.8% | 6.0% | 6.9% | 9.5% | 4.7% | 7.8% |
| Free cash flow yield | 2.5% | 2.4% | 7.0% | 7.6% | 4.3% | 6.5% | 7.2% | 6.3% | 6.6% | 8.4% |
| Dividend yield | 0.5% | 0.7% | 1.6% | 2.0% | 1.3% | 1.5% | 1.7% | 2.0% | 1.5% | 1.6% |
| Shareholder yield (dividends + buybacks) | 0.8% | 1.5% | 3.5% | 5.1% | 3.7% | 4.7% | 5.3% | 9.4% | 5.9% | 4.7% |
| Share price at fiscal year-end | $67.57 | $34.73 | $24.78 | $19.04 | $21.86 | $16.35 | $13.53 | $10.13 | $10.97 | $8.40 |
| Per share | ||||||||||
| Revenue per share | $9.04 | $6.02 | $10.11 | $10.16 | $8.69 | $6.99 | $6.68 | $6.56 | $5.54 | $4.99 |
| Earnings per share | $1.67 | $0.96 | $1.55 | $1.53 | $1.27 | $0.98 | $0.94 | $0.96 | $0.51 | $0.65 |
| Operating cash flow per share | $2.10 | $1.11 | $2.04 | $1.75 | $1.23 | $1.29 | $1.22 | $0.89 | $0.90 | $0.85 |
| Free cash flow per share | $1.71 | $0.85 | $1.74 | $1.44 | $0.94 | $1.07 | $0.98 | $0.64 | $0.72 | $0.70 |
| Cash per share | $4.48 | $1.32 | $1.34 | $1.15 | $0.99 | $1.41 | $0.74 | $1.03 | $1.39 | $0.93 |
| Book value per share | $5.25 | $3.87 | $6.79 | $5.71 | $5.10 | $4.43 | $3.73 | $3.25 | $3.19 | $2.95 |
| Tangible book value per share | $0.23 | $0.13 | $0.40 | −$0.07 | −$0.60 | $0.02 | −$0.58 | −$0.43 | −$0.39 | −$0.38 |
| Dividends per share | $0.31 | $0.24 | $0.40 | $0.38 | $0.28 | $0.24 | $0.23 | $0.20 | $0.16 | $0.14 |
| Capex per share | $0.39 | $0.26 | $0.30 | $0.31 | $0.29 | $0.23 | $0.24 | $0.25 | $0.18 | $0.15 |
| Debt per share | $6.07 | $2.88 | $3.49 | $3.69 | $3.84 | $3.14 | $2.93 | $2.86 | $2.80 | $2.39 |
| Shares outstanding | 2.56B | 2.53B | 1.24B | 1.24B | 1.25B | 1.23B | 1.23B | 1.25B | 1.27B | 1.26B |
| Change in shares outstanding | +1.1% | +103.6% | −0.1% | −0.7% | +1.7% | −0.1% | −1.5% | −1.2% | +0.4% | −0.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 36.8% | 26.6% | 24.8% | 28.2% | 26.9% | 24.0% | 26.7% | 29.7% | 16.8% | 23.5% |
| Return on invested capital (ROIC) | 28.9% | 21.4% | 24.0% | 20.1% | 19.7% | 17.6% | 18.8% | 21.3% | 12.6% | 18.3% |
| Return on assets (ROA) | 14.8% | 12.8% | 12.1% | 12.7% | 11.8% | 10.4% | 11.1% | 12.0% | 7.0% | 10.3% |
| Return on tangible assets | 18.2% | 20.2% | 22.4% | 23.4% | 21.1% | 17.4% | 21.0% | 22.1% | 11.9% | 19.1% |
| Free cash flow margin | 19.0% | 14.1% | 17.2% | 14.2% | 10.8% | 15.3% | 14.7% | 9.8% | 13.1% | 14.1% |
| Income quality (OCF / net income) | 1.26 | 1.16 | 1.31 | 1.14 | 0.97 | 1.32 | 1.30 | 0.92 | 1.76 | 1.31 |
| Financial health | ||||||||||
| Total debt | $15.50B | $7.28B | $4.34B | $4.58B | $4.80B | $3.87B | $3.61B | $3.57B | $3.54B | $3.01B |
| Cash & short-term investments | $11.43B | $3.34B | $1.66B | $1.43B | $1.24B | $1.74B | $908.6M | $1.29B | $1.75B | $1.17B |
| Net debt | $4.07B | $3.94B | $2.68B | $3.14B | $3.56B | $2.13B | $2.70B | $2.28B | $1.79B | $1.84B |
| Debt / equity | 1.16 | 0.74 | 0.51 | 0.65 | 0.75 | 0.71 | 0.78 | 0.88 | 0.88 | 0.81 |
| Debt / assets | 0.43 | 0.34 | 0.26 | 0.30 | 0.33 | 0.31 | 0.33 | 0.36 | 0.35 | 0.35 |
| Net debt / EBITDA | 0.58 | 1.04 | 1.05 | 1.05 | 1.42 | 1.09 | 1.40 | 1.15 | 1.07 | 1.28 |
| Current ratio | 2.98 | 2.37 | 2.17 | 2.42 | 2.43 | 2.38 | 1.97 | 1.86 | 2.95 | 2.20 |
| Quick ratio | 2.48 | 1.75 | 1.48 | 1.64 | 1.66 | 1.75 | 1.36 | 1.36 | 2.25 | 1.63 |
| Interest coverage | 16.0 | 15.1 | 18.3 | 20.3 | 18.8 | 14.3 | 14.0 | 16.7 | 15.5 | 17.1 |
| Working capital | $13.46B | $5.60B | $3.68B | $3.80B | $3.51B | $3.19B | $2.08B | $2.12B | $3.08B | $1.96B |
| Invested capital | $17.48B | $13.74B | $11.10B | $10.24B | $9.94B | $7.58B | $7.29B | $6.34B | $5.83B | $5.56B |
| Tangible asset value | $692.9M | $394.8M | $499.3M | −$86.1M | −$754.6M | $22.3M | −$712.9M | −$533.3M | −$487.7M | −$473.0M |
| Net current asset value | −$2.46B | −$1.90B | −$1.26B | −$1.75B | −$2.34B | −$1.38B | −$2.01B | −$1.41B | −$1.30B | −$1.18B |
| Graham number | $14.05 | $9.14 | $15.40 | $14.03 | $12.08 | $9.88 | $8.87 | $8.40 | $6.08 | $6.59 |
| Graham net-net per share | −$2.37 | −$1.78 | −$2.73 | −$3.04 | −$3.41 | −$2.39 | −$2.72 | −$2.18 | −$1.94 | −$1.69 |
| Capital allocation | ||||||||||
| Dividends paid | $802.2M | $595.1M | $500.6M | $477.4M | $346.7M | $297.6M | $279.5M | $253.7M | $205.0M | $172.7M |
| Share buybacks (net) | $665.2M | $689.3M | $585.1M | $730.5M | $661.7M | $641.3M | $601.7M | $935.2M | $618.0M | $325.8M |
| Dividend payout ratio | 18.8% | 24.6% | 26.0% | 25.1% | 21.8% | 24.7% | 24.2% | 21.1% | 31.5% | 21.0% |
| Dividends + buybacks / free cash flow | 33.5% | 59.8% | 50.4% | 67.5% | 85.5% | 71.4% | 73.0% | 148.2% | 89.7% | 56.2% |
| Capex / revenue | 4.3% | 4.4% | 3.0% | 3.0% | 3.3% | 3.2% | 3.6% | 3.8% | 3.2% | 3.0% |
| Capex / operating cash flow | 18.5% | 23.6% | 14.7% | 17.6% | 23.4% | 17.4% | 19.6% | 27.9% | 19.8% | 17.7% |
| Capex / depreciation | 1.08 | 1.16 | 0.92 | 0.98 | 0.91 | 0.90 | 0.95 | 1.04 | 1.00 | 0.88 |
| Stock-based compensation / revenue | 0.6% | 0.7% | 0.8% | 0.7% | 0.8% | 0.8% | 0.8% | 0.7% | 0.7% | 0.8% |
| R&D / revenue | 2.8% | 3.0% | 2.7% | 2.6% | 2.9% | 3.0% | 2.8% | 2.7% | 2.8% | 2.6% |
| SG&A / revenue | 11.0% | 12.2% | 11.6% | 11.3% | 11.3% | 11.8% | 11.8% | 11.7% | 12.5% | 12.7% |
| Efficiency | ||||||||||
| Days sales outstanding | 63.3 | 70.8 | 76.3 | 73.5 | 73.9 | 78.3 | 78.3 | 75.4 | 76.7 | 71.2 |
| Days of inventory on hand | 75.2 | 85.3 | 91.8 | 84.7 | 81.9 | 85.3 | 82.8 | 77.0 | 79.0 | 76.5 |
| Days payables outstanding | 56.4 | 57.4 | 57.3 | 55.7 | 59.4 | 61.1 | 57.2 | 58.1 | 60.3 | 54.4 |
| Cash conversion cycle (days) | 82.0 | 98.7 | 110.8 | 102.6 | 96.5 | 102.4 | 103.9 | 94.3 | 95.4 | 93.4 |
| Receivables turnover | 5.77 | 5.15 | 4.78 | 4.96 | 4.94 | 4.66 | 4.66 | 4.84 | 4.76 | 5.12 |
| Payables turnover | 6.47 | 6.36 | 6.37 | 6.56 | 6.15 | 5.97 | 6.38 | 6.28 | 6.05 | 6.71 |
| Inventory turnover | 4.86 | 4.28 | 3.98 | 4.31 | 4.45 | 4.28 | 4.41 | 4.74 | 4.62 | 4.77 |
| Asset turnover | 0.80 | 0.80 | 0.79 | 0.84 | 0.81 | 0.74 | 0.79 | 0.82 | 0.76 | 0.79 |
| Average receivables | $4.00B | $2.95B | $2.62B | $2.54B | $2.20B | $1.84B | $1.76B | $1.70B | $1.47B | $1.23B |
| Average payables | $2.24B | $1.59B | $1.33B | $1.31B | $1.22B | $993.8M | $878.6M | $883.0M | $776.9M | $633.0M |
| Average inventory | $2.99B | $2.36B | $2.13B | $1.99B | $1.68B | $1.39B | $1.27B | $1.17B | $1.02B | $890.4M |
| Intangibles / total assets | 35.4% | 44.1% | 48.0% | 46.8% | 48.6% | 44.0% | 49.1% | 45.8% | 45.3% | 49.4% |
Computed from APH's annual financial statements (latest annual report filed February 11, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
APH valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Amphenol traded at 40.4 times earnings, against a 10-year median of 16.3. Based on the latest twelve months, the trailing P/E is 39.7 and the forward P/E is 24.6. Amphenol earned a return on equity of 36.8% and a return on invested capital of 28.9% in fiscal 2025. It ended the year with $15.5 billion of debt and $11.4 billion in cash and short-term investments, net debt of $4.1 billion. It returned $1.5 billion to shareholders: $802.2 million in dividends and $665.2 million in share buybacks, 34% of free cash flow. The share count rose 102.6% from 1.26B to 2.56B over 9 years.
See the APH income statement, the APH chart for price history, or the APH stock overview for the latest quote and news.
APH key metrics FAQ
What is Amphenol's P/E ratio?
Amphenol's trailing P/E ratio is 39.7 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 24.6. At the end of fiscal 2025 it was 40.4, compared with a 10-year median of 16.3.
What is Amphenol's EV/EBITDA?
Amphenol's enterprise value was 25.3 times EBITDA at the end of fiscal 2025 (enterprise value $176.7 billion, EBITDA $7.0 billion); the current EV/EBITDA is 23.3.
What is Amphenol's return on equity?
Amphenol's return on equity (ROE) was 36.8% in fiscal 2025: net income of $4.3 billion on average shareholders' equity of $11.6 billion.
What is Amphenol's ROIC?
Amphenol's return on invested capital was 28.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Amphenol have?
Amphenol had total debt of $15.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 1.16 and $4.1 billion of net debt (0.58 times EBITDA).
What is Amphenol's dividend yield?
Amphenol's forward dividend yield is 0.63%. Amphenol paid $802.2 million in dividends in fiscal 2025 ($0.31 per share), a payout ratio of 18.8%.
Does Amphenol buy back its shares?
Yes. Amphenol spent $665.2 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.1% over the year, to 2.56B..
What is Amphenol's free cash flow yield?
Amphenol generated $4.4 billion of free cash flow in fiscal 2025, a free cash flow yield of 2.5% on its market value at year-end ($172.6 billion).
What is Amphenol's current ratio?
Amphenol's current ratio was 2.98 at the end of fiscal 2025: current assets were 2.98 times current liabilities.