Capital investment and capacitypositive · 1 filings
“The elevated capital expenditures in 2025 were driven by investments, primarily in support of the robust growth in our IT datacom market.”10-K · Feb 11, 2026 ↗
Amphenol Corporation
APH
Market read
Amphenol Corporation's current read is isolated; its market group is not confirming.
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
Company+3.0% todayVolume comparison unavailable
Market group0 of 18 activeElectronics Supply Chain · unavailable
Disclosed network0 of 8 confirmingNo filing-linked name is confirming now
What would change this read
Watch this read- APH's market-adjusted activity becomes unusual and at least one connected name confirms.
Invalidation: The isolated read changes if APH's group or a disclosed connection begins moving with it.
Research brief
The story so far
No new filing conclusion is available. 0 of 18 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 13 directly disclosed connections are confirming.
Evidence that supports
No thresholded supportive filing evidence is available yet.
Evidence that challenges
No thresholded adverse filing evidence is available yet.
What would clarify the read
- APH's market-adjusted activity becomes unusual and at least one connected name confirms.
Company research
Understand the business, not just the ticker
Business model and earnings drivers
Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.
Key research questions
- Which operating variable is changing?
- Is that change durable, cyclical or one-off?
- What evidence would disprove the current interpretation?
Annual periods9
Price observations601
Usable filing statements77
Verified relationships13
Evidence supporting the case
- Latest annual revenue changed +51.7% year over year.
- Operating margin changed +4.7 percentage points in the latest annual period.
- Net margin changed +2.6 percentage points in the latest annual period.
- Operating cash flow covered net income at 1.26x in the latest annual period.
Evidence challenging the case
No qualifying adverse evidence was identified; that is not proof there is no downside.
Questions before a position
- P/E is 39% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context
Price as of Sep 10, 2026
80.256m-40.4%12m-31.3%24m+29.7%
Annual trajectory
Reported annual revenue and per-share history. This is accounting history, not a forecast.
PeriodRevenueYoYDiluted EPSShare change
2021-12-31$10.9B+26.5%$2.54+1.7%
2022-12-31$12.6B+16.1%$1.53—
2023-12-31$12.6B-0.5%$1.55-0.1%
2024-12-31$15.2B+21.3%$1.92+1.8%
2025-12-31$23.1B+51.7%$3.34+1.1%
What management says matters
Persistent and emerging business drivers
Credit and interest ratesmixed · 1 filings
“Expected debt levels, and therefore expected interest payments, are difficult to predict, as they are significantly impacted by items such as future acquisitions, repurchases of Common Stock and dividend payments, as well as payments or additional borrowings…”10-K · Feb 11, 2026 ↗
Demand and volumepositive · 1 filings
“Operating income in 2023 included acquisition-related expenses of $34.6, comprised primarily of external transaction costs, as well as the non-cash amortization related to the value associated with acquired backlog resulting from three of the acquisitions tha…”10-K · Feb 11, 2026 ↗
Foreign exchangemixed · 1 filings
“Such amount is calculated by subtracting current year net sales translated at average foreign currency exchange rates for the prior year from current year net sales, taken as a percentage of the prior year’s net sales.”10-K · Feb 11, 2026 ↗
Valuation discipline
Descriptive valuation snapshot
Price/sales 4.4× · EV/sales 4.0×. Comparisons use only industry-matched filing peers.
Scenario scaffold
Mechanical 2.0-year scenarios are available as editable assumptions, not consensus.
Price action
How the market is pricing the story
83.83+3.0% today
Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 11:25 GMT-4; this is a coverage limitation, not a flat-price conclusion.
Developments
No sourced recent-development timeline yet
Jodie has not returned a relevant primary source or news item for APH. This is an evidence-coverage gap, not a conclusion that nothing material happened.
Business and financial condition
Reported financial figures are not available yet
Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.
Filing analysis
No comparable filing assessment is available yet
Jodie has not yet found a suitable current-versus-prior filing comparison for APH. This does not mean the latest filing was neutral or immaterial.
Business ecosystem
The relationships behind APH
Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.
Depends on
APTVAptiv PLCcompetitorFeb 11, 2026 ▾
“Primary competitors include Aptiv, Belden, Corning, Foxconn Interconnect Technology, Glenair, HUBER+SUHNER, ICT Luxshare, Jonhon, Molex, Rosenberger, Sensata, TE Connectivity and Yazaki, among others.”
BDCBelden Inc.competitorFeb 11, 2026 ▾
“Primary competitors include Aptiv, Belden, Corning, Foxconn Interconnect Technology, Glenair, HUBER+SUHNER, ICT Luxshare, Jonhon, Molex, Rosenberger, Sensata, TE Connectivity and Yazaki, among others.”
Depended on by
VISNVistance Networks, Inc.investeeApr 30, 2026 ▾
“henol in the current year period compared to $2,034.5 million of net proceeds related to the sale of the OWN segment and DAS business unit to Amphenol in the prior year period.”
Filing peers
Companies whose filings use similar operating language.
Open the three relationships above to see Jodie’s filing proof. Pro unlocks 10 more links, every receipt, and alerts when connected names begin moving. Unlock the full network →
What is moving around it
Live connections
APH is currently a Follower in the organic co-movement group Electronics Supply Chain. This group is discovered from market behaviour rather than assigned from an industry taxonomy. 3 filing-linked names are in the relationship map; none is currently confirmed as moving with the group.
Context history
Theme membership history
No durable theme membership has been observed for this name yet.