APH Profit Margins

Gross, Operating & Net Margin Analysis for Amphenol Corp

Margin Quality

Good

Current Profit Margins

Gross Margin

36.9%

3.1% YoY

$8.52B gross profit

Operating Margin

25.4%

4.7% YoY

$5.87B operating income

Net Profit Margin

18.5%

2.6% YoY

$4.27B net income

5-Year Margin Trends

2023Revenue: $12.55B
Gross0.0%
Operating0.0%
Net15.5%
FYRevenue: $12.55B
Gross32.5%
Operating20.4%
Net15.4%
2024Revenue: $15.22B
Gross0.0%
Operating0.0%
Net16.0%
FYRevenue: $15.22B
Gross33.8%
Operating20.7%
Net15.9%
FYRevenue: $23.09B
Gross36.9%
Operating25.4%
Net18.5%

What Margins Indicate About APH

Business Quality

Moderate gross margins indicate Amphenol Corp operates in a competitive market with balanced pricing dynamics.

Operational Efficiency

Expanding operating margins show Amphenol Corp is improving operational leverage and cost management.

Profitability

Net margins above 15% demonstrate excellent profitability and suggest strong competitive positioning.

Investment Implications

Expanding margins across the board suggest improving business fundamentals, which often supports stock price appreciation.

Understanding Profit Margins

Gross Margin

(Revenue - Cost of Goods Sold) / Revenue. Measures pricing power and production efficiency before operating expenses.

Operating Margin

Operating Income / Revenue. Shows profitability from core operations after all operating expenses but before interest and taxes.

Net Profit Margin

Net Income / Revenue. The bottom line - shows how much profit the company keeps from each dollar of revenue after all expenses.

Analyze APH Profitability

Get complete financial analysis with profitability trends, ROE, ROIC, and more

Frequently Asked Questions

What is APH's profit margin?

APH (Amphenol Corp) has a net profit margin of 18.5%, meaning the company keeps $0.18490149382983329 in profit for every dollar of revenue. This represents an improvement from the previous year's net margin of 15.9%.

What is APH's gross margin?

APH's gross margin is 36.9%. Gross margin measures the percentage of revenue remaining after subtracting the cost of goods sold. A moderate gross margin like this reflects the competitive dynamics of the Information Technology.

What is APH's operating margin?

APH has an operating margin of 25.4%. Operating margin shows profitability after operating expenses but before interest and taxes. The 4.7% year-over-year improvement suggests better operational efficiency.

Are APH's profit margins good?

APH's margins are considered good. When evaluating margins, it's important to compare against Electronic Equipment, Instruments & Components peers, as different sectors have structurally different margin profiles.

How do profit margins affect APH stock?

Profit margins are a key indicator of APH's business quality and competitive position. High margins suggest strong competitive advantages and pricing power, which typically support premium valuations. Expanding margins often lead to stock price appreciation, while contracting margins can signal competitive pressures.

What drives APH's profit margins?

APH's profit margins are influenced by several factors: pricing power vs competitors, operational efficiency, scale advantages, input costs (materials, labor), Electronic Equipment, Instruments & Components-specific dynamics, and management execution. The significant expansion in gross margin suggests changes in these underlying drivers.

Disclaimer: Margin analysis is based on reported financial statements and should be compared to industry peers for context. Different sectors have structurally different margin profiles. This information is for educational purposes only and should not be considered financial advice.

Explore Categories