APH Amphenol margins

Relative Growth: Rel. Growth:

Relative Strength: Rel. Strength:

Relative Valuation: Rel. Valuation:

Relative Profitability: Rel. Profitability: 91

Gross margin

38.8%

Operating margin

27.7%

EBITDA margin

32.2%

Net margin

18%

The Amphenol reports a gross margin of 38.8%, an operating margin of 27.7%, an EBITDA margin of 32.2%, and a net margin of 18%. EBITDA margin expanded the most, by 3.8 percentage points, while net margin contracted the most, by 0.2 percentage points.

APH margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Amphenol's margins averaged 35.15% gross, 22.99% operating, 27.17% EBITDA, and 16.7% net. Compared with their three-year averages, all four current margins are higher.

APH margin expansion

Year-over-year margin changes in percentage points

Gross margin expanded by 2.9 percentage points, operating margin by 3.4 percentage points, and EBITDA margin by 3.8 percentage points, but net margin contracted by 0.2 percentage points.

Gross margin expansion

2.9pp

Operating margin expansion

3.4pp

EBITDA margin expansion

3.8pp

Net margin expansion

-0.2pp

APH Gross margin

Reviewing the last 3 years, Amphenol recorded an average gross margin of 35.15%. Amphenol's current gross margin is 38.8% and is 3.7 percentage points above its three-year average. The highest gross margin for Amphenol was 38.8% in Sep 2026, while the lowest was 32.5% in Dec 2023.

APH Operating margin

Amphenol recorded an average operating margin of 22.99% across the last 3 years. Amphenol's current operating margin is 27.7% and is 4.7 percentage points above its three-year average. Looking back over the last 3 years, Amphenol's operating margin reached 27.7% at its highest point in Sep 2026 and 20.3% at its lowest in Sep 2024.

APH EBITDA margin

Amphenol recorded an average EBITDA margin of 27.17% across the last 3 years. Amphenol currently reports an EBITDA margin of 32.2%, 5 percentage points above its three-year average. Over the last 3 years, Amphenol's EBITDA margin peaked at 32.2% in Sep 2026 and reached a low of 23.8% in Dec 2023.

APH Net margin

Across the last 3 years, Amphenol's net margin averaged 16.7%. The current net margin of 18% is 1.3 percentage points above its three-year average. Net margin was highest at 18.5% in Dec 2025 and lowest at 15.4% in Dec 2023.

APH margin group comparison

Margins compared with peer-group, industry and sector averages

Amphenol's gross margin of 38.8% is above the industry and its peers average but below the Technology sector average. Compared to its Technology sector average of 52.4%, Amphenol's gross margin is 26% lower.

APH margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Amphenol's gross margin?

For the period ending Sep 30, 2026, APH recorded a gross margin of 38.8%.

What is Amphenol's operating margin?

As of Sep 30, 2026, APH has an operating margin of 27.7%.

What is Amphenol's EBITDA margin?

As of Sep 30, 2026, APH has an EBITDA margin of 32.2%.

What is Amphenol's net margin?

The current net margin for APH is 18% as of Sep 30, 2026.

What are the average margins of APH?

The three-year average margins for APH were 35.2% gross, 23.0% operating, 27.2% EBITDA, and 16.7% net.

What are the highest historical margins of APH?

In the last 5 years, the highest margins reported by APH were 38.8% gross in Sep 2026, 27.7% operating in Sep 2026, 32.2% EBITDA in Sep 2026, and 18.5% net in Dec 2025.

What are the lowest historical margins of APH?

Amphenol's lowest recorded margins during the past 5 years were 31.3% gross in Dec 2021, 19.4% operating in Dec 2021, 23.1% EBITDA in Dec 2021, and 14.6% net in Dec 2021.