APH Amphenol margins

Relative Growth: Rel. Growth: 99

Relative Strength: Rel. Strength: 80

Relative Valuation: Rel. Valuation: 35

Relative Profitability: Rel. Profitability: 92

Gross margin

38.5%

Operating margin

27%

EBITDA margin

31.8%

Net margin

17.7%

The Amphenol reports a gross margin of 38.5%, an operating margin of 27%, an EBITDA margin of 31.8%, and a net margin of 17.7%. All available margins expanded year over year, led by EBITDA margin with an increase of 5 percentage points.

APH margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Amphenol's margins averaged 34.82% gross, 22.56% operating, 26.71% EBITDA, and 16.58% net. Compared with their three-year averages, all four current margins are higher.

APH margin expansion

Year-over-year margin changes in percentage points

Year over year, gross, operating, EBITDA, and net margins all increased, with EBITDA margin showing the largest gain at 5 percentage points.

Gross margin expansion

3.8pp

Operating margin expansion

4.6pp

EBITDA margin expansion

5pp

Net margin expansion

0.8pp

APH Gross margin

Reviewing the last 3 years, Amphenol recorded an average gross margin of 34.82%. Amphenol's current gross margin is 38.5% and is 3.7 percentage points above its three-year average. The highest gross margin for Amphenol was 38.5% in Jun 2026, while the lowest was 32.5% in Dec 2023.

APH Operating margin

Amphenol recorded an average operating margin of 22.56% across the last 3 years. Amphenol's current operating margin is 27% and is 4.4 percentage points above its three-year average. Looking back over the last 3 years, Amphenol's operating margin reached 27% at its highest point in Jun 2026 and 20.3% at its lowest in Sep 2024.

APH EBITDA margin

Amphenol recorded an average EBITDA margin of 26.71% across the last 3 years. Amphenol currently reports an EBITDA margin of 31.8%, 5.1 percentage points above its three-year average. Over the last 3 years, Amphenol's EBITDA margin peaked at 31.8% in Jun 2026 and reached a low of 23.8% in Dec 2023.

APH Net margin

Across the last 3 years, Amphenol's net margin averaged 16.58%. The current net margin of 17.7% is 1.1 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 38.5% is above the industry average but below the Technology sector and its peers average. Compared to its Technology sector average of 52.1%, 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 Jun 30, 2026, APH recorded a gross margin of 38.5%.

What is Amphenol's operating margin?

As of Jun 30, 2026, APH has an operating margin of 27%.

What is Amphenol's EBITDA margin?

As of Jun 30, 2026, APH has an EBITDA margin of 31.8%.

What is Amphenol's net margin?

The current net margin for APH is 17.7% as of Jun 30, 2026.

What are the average margins of APH?

The three-year average margins for APH were 34.8% gross, 22.6% operating, 26.7% EBITDA, and 16.6% net.

What are the highest historical margins of APH?

In the last 5 years, the highest margins reported by APH were 38.5% gross in Jun 2026, 27% operating in Jun 2026, 31.8% EBITDA in Jun 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.