Amphenol (NYSE:APH) Issues Earnings Results, Beats Expectations By $0.04 EPS

Amphenol (NYSE:APH) announced its quarterly earnings results on Wednesday. The electronics maker reported $0.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.93 by $0.04, Briefing.com reports. Amphenol had a return on equity of 35.57% and a net margin of 18.49%.The business had revenue of $6.44 billion during the quarter, compared to the consensus estimate of $6.19 billion. During the same quarter last year, the firm posted $0.55 EPS. The company’s quarterly revenue was up 49.1% on a year-over-year basis. Amphenol updated its Q1 2026 guidance to 0.910-0.930 EPS.

Here are the key takeaways from Amphenol’s conference call:

• Record results — Q4 sales of $6.439 billion and full‑year sales of $23.1 billion (up 52% Y/Y in USD, 38% organically), with a record $8.431 billion of orders in the quarter and a 1.1x book‑to‑bill for 2025.
• Margins remained exceptional — adjusted operating margin was 27.5% in Q4 (flat sequential) and a record 26.2% for the year, driven by strong operating leverage on higher volumes.
• AI / IT datacom was the primary growth engine — IT datacom sales grew ~110% in Q4 and management said AI‑related demand drove much of the outsized order intake.
• Acquisitions — Amphenol closed CommScope (CCS) in January and completed Trexon, adding fiber and defense capabilities and forecasted CommScope to contribute ~$4.1B in 2026 and ~$0.15 EPS, but the deals materially reduced cash on hand to about $200M and pushed pro‑forma net leverage to ~1.8x.
• Cash & guidance — record operating cash flow of $5.4B and free cash flow of $4.4B funded nearly $1.5B of shareholder returns in 2025, and Q1 2026 guidance calls for $6.9–$7.0B in sales and $0.91–$0.93 adjusted EPS (includes ~$900M sales / $0.02 EPS from CommScope).

Amphenol Trading Up 2.6%

APH opened at $149.73 on Friday. The company’s 50 day moving average is $141.18 and its 200-day moving average is $127.00. The company has a market cap of $183.28 billion, a P/E ratio of 44.83, a PEG ratio of 0.87 and a beta of 1.21. Amphenol has a 1-year low of $56.45 and a 1-year high of $167.04. The company has a current ratio of 2.98, a quick ratio of 1.52 and a debt-to-equity ratio of 1.08.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on APH shares. UBS Group reaffirmed a “buy” rating and issued a $174.00 target price (up previously from $152.00) on shares of Amphenol in a research report on Wednesday, January 14th. Truist Financial set a $182.00 price objective on shares of Amphenol in a report on Tuesday, January 13th. US Capital Advisors set a $165.00 price target on Amphenol in a research report on Friday, January 9th. Weiss Ratings reiterated a “buy (b)” rating on shares of Amphenol in a research report on Wednesday, January 21st. Finally, Robert W. Baird set a $139.00 price target on Amphenol and gave the company an “outperform” rating in a research note on Friday, October 10th. Eleven equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Amphenol has a consensus rating of “Moderate Buy” and a consensus price target of $151.38.

Insider Buying and Selling at Amphenol

In other Amphenol news, insider William J. Doherty sold 80,000 shares of the business’s stock in a transaction on Tuesday, December 2nd. The shares were sold at an average price of $142.00, for a total transaction of $11,360,000.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CFO Craig A. Lampo sold 40,076 shares of the stock in a transaction on Tuesday, November 11th. The shares were sold at an average price of $143.50, for a total value of $5,750,906.00. Following the completion of the transaction, the chief financial officer owned 39,884 shares of the company’s stock, valued at $5,723,354. The trade was a 50.12% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 498,076 shares of company stock worth $70,996,906 over the last quarter. Corporate insiders own 1.67% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Centaurus Financial Inc. acquired a new stake in Amphenol during the 3rd quarter worth approximately $106,000. Sunbelt Securities Inc. lifted its holdings in shares of Amphenol by 54.6% during the third quarter. Sunbelt Securities Inc. now owns 334 shares of the electronics maker’s stock worth $41,000 after purchasing an additional 118 shares during the period. Livforsakringsbolaget Skandia Omsesidigt grew its stake in shares of Amphenol by 141.6% in the third quarter. Livforsakringsbolaget Skandia Omsesidigt now owns 20,648 shares of the electronics maker’s stock worth $2,558,000 after purchasing an additional 12,100 shares during the last quarter. Hancock Whitney Corp increased its holdings in Amphenol by 581.2% in the third quarter. Hancock Whitney Corp now owns 79,222 shares of the electronics maker’s stock valued at $9,804,000 after purchasing an additional 67,593 shares during the period. Finally, Harvest Investment Services LLC raised its position in Amphenol by 129.2% during the 3rd quarter. Harvest Investment Services LLC now owns 35,081 shares of the electronics maker’s stock worth $4,341,000 after purchasing an additional 19,775 shares during the last quarter. Institutional investors and hedge funds own 97.01% of the company’s stock.

About Amphenol

Amphenol Corporation (NYSE: APH) is a leading global manufacturer of electronic and fiber optic connectors, interconnect systems, and related components. The company designs, engineers and produces a broad range of products including electrical connectors, cable assemblies, fiber optic solutions, sensors, antennas and electromechanical devices used to transfer power, signal and data across complex systems. Its product portfolio spans ruggedized connectors for harsh environments to high-speed solutions for data centers and telecommunications networks.

Amphenol serves a diverse set of end markets, including automotive, broadband and telecom, data communications, mobile devices, industrial, energy, and military/aerospace.