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Side-by-side financial comparison of Amphenol (APH) and Aptiv (APTV). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($7.6B vs $5.2B, roughly 1.5× Aptiv). Amphenol runs the higher net margin — 12.4% vs 2.7%, a 9.7% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs 5.0%). Amphenol produced more free cash flow last quarter ($831.2M vs $651.0M). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 2.5%).
Amphenol Corporation is an American producer of electronic and fiber optic connectors, cable and interconnect systems such as coaxial cables. Amphenol is a portmanteau from the corporation's original name, American Phenolic Corp.
Aptiv PLC is an American automotive technology supplier with headquarters in Schaffhausen, Switzerland. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors.
APH vs APTV — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $5.2B |
| Net Profit | $943.3M | $138.0M |
| Gross Margin | 36.7% | 18.7% |
| Operating Margin | 24.0% | 8.2% |
| Net Margin | 12.4% | 2.7% |
| Revenue YoY | 58.4% | 5.0% |
| Net Profit YoY | 26.8% | -48.5% |
| EPS (diluted) | $0.72 | $0.63 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $7.6B | — | ||
| Q4 25 | $6.4B | $5.2B | ||
| Q3 25 | $6.2B | $5.2B | ||
| Q2 25 | $5.7B | $5.2B | ||
| Q1 25 | $4.8B | $4.8B | ||
| Q4 24 | $4.3B | $4.9B | ||
| Q3 24 | $4.0B | $4.9B | ||
| Q2 24 | $3.6B | $5.1B |
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $138.0M | ||
| Q3 25 | $1.2B | $-355.0M | ||
| Q2 25 | $1.1B | $393.0M | ||
| Q1 25 | $737.8M | $-11.0M | ||
| Q4 24 | $746.1M | $268.0M | ||
| Q3 24 | $604.4M | $363.0M | ||
| Q2 24 | $524.8M | $938.0M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | 18.7% | ||
| Q3 25 | 38.1% | 19.5% | ||
| Q2 25 | 36.3% | 19.1% | ||
| Q1 25 | 34.2% | 19.1% | ||
| Q4 24 | 34.3% | 19.6% | ||
| Q3 24 | 33.6% | 18.6% | ||
| Q2 24 | 33.6% | 19.2% |
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | 8.2% | ||
| Q3 25 | 27.5% | -3.4% | ||
| Q2 25 | 25.1% | 9.3% | ||
| Q1 25 | 21.3% | 9.3% | ||
| Q4 24 | 22.1% | 9.8% | ||
| Q3 24 | 20.3% | 10.4% | ||
| Q2 24 | 19.4% | 8.7% |
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 2.7% | ||
| Q3 25 | 20.1% | -6.8% | ||
| Q2 25 | 19.3% | 7.5% | ||
| Q1 25 | 15.3% | -0.2% | ||
| Q4 24 | 17.3% | 5.5% | ||
| Q3 24 | 15.0% | 7.5% | ||
| Q2 24 | 14.5% | 18.6% |
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $0.63 | ||
| Q3 25 | $0.97 | $-1.63 | ||
| Q2 25 | $0.86 | $1.80 | ||
| Q1 25 | $0.58 | $-0.05 | ||
| Q4 24 | $0.16 | $1.22 | ||
| Q3 24 | $0.48 | $1.48 | ||
| Q2 24 | $0.41 | $3.47 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $4.6B | $1.9B |
| Total DebtLower is stronger | $18.7B | $7.5B |
| Stockholders' EquityBook value | $14.1B | $9.2B |
| Total Assets | $42.1B | $23.4B |
| Debt / EquityLower = less leverage | 1.33× | 0.81× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6B | — | ||
| Q4 25 | $11.4B | $1.9B | ||
| Q3 25 | $3.9B | $1.6B | ||
| Q2 25 | $3.2B | $1.4B | ||
| Q1 25 | $1.7B | $1.1B | ||
| Q4 24 | $3.3B | $1.6B | ||
| Q3 24 | $1.6B | $1.8B | ||
| Q2 24 | $1.3B | $2.2B |
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | $7.5B | ||
| Q3 25 | $7.1B | $7.6B | ||
| Q2 25 | $7.1B | $7.8B | ||
| Q1 25 | $6.8B | $7.6B | ||
| Q4 24 | $6.5B | $7.8B | ||
| Q3 24 | $5.1B | $8.3B | ||
| Q2 24 | $5.0B | $5.5B |
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $9.2B | ||
| Q3 25 | $12.5B | $9.3B | ||
| Q2 25 | $11.5B | $9.7B | ||
| Q1 25 | $10.3B | $9.0B | ||
| Q4 24 | $9.8B | $8.8B | ||
| Q3 24 | $9.5B | $8.9B | ||
| Q2 24 | $9.0B | $11.5B |
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $23.4B | ||
| Q3 25 | $27.1B | $23.5B | ||
| Q2 25 | $25.7B | $23.9B | ||
| Q1 25 | $22.9B | $23.1B | ||
| Q4 24 | $21.4B | $23.5B | ||
| Q3 24 | $19.6B | $24.8B | ||
| Q2 24 | $18.6B | $24.8B |
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | 0.81× | ||
| Q3 25 | 0.57× | 0.82× | ||
| Q2 25 | 0.62× | 0.80× | ||
| Q1 25 | 0.66× | 0.85× | ||
| Q4 24 | 0.66× | 0.89× | ||
| Q3 24 | 0.54× | 0.93× | ||
| Q2 24 | 0.56× | 0.48× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.1B | $818.0M |
| Free Cash FlowOCF − Capex | $831.2M | $651.0M |
| FCF MarginFCF / Revenue | 10.9% | 12.6% |
| Capex IntensityCapex / Revenue | 3.8% | 3.2% |
| Cash ConversionOCF / Net Profit | 1.19× | 5.93× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | $1.5B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $818.0M | ||
| Q3 25 | $1.5B | $584.0M | ||
| Q2 25 | $1.4B | $510.0M | ||
| Q1 25 | $764.9M | $273.0M | ||
| Q4 24 | $847.1M | $1.1B | ||
| Q3 24 | $704.0M | $499.0M | ||
| Q2 24 | $664.1M | $643.0M |
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $651.0M | ||
| Q3 25 | $1.2B | $441.0M | ||
| Q2 25 | $1.1B | $361.0M | ||
| Q1 25 | $576.3M | $76.0M | ||
| Q4 24 | $647.3M | $894.0M | ||
| Q3 24 | $474.0M | $326.0M | ||
| Q2 24 | $522.8M | $417.0M |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 12.6% | ||
| Q3 25 | 19.6% | 8.5% | ||
| Q2 25 | 19.8% | 6.9% | ||
| Q1 25 | 12.0% | 1.6% | ||
| Q4 24 | 15.0% | 18.2% | ||
| Q3 24 | 11.7% | 6.7% | ||
| Q2 24 | 14.5% | 8.3% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 3.2% | ||
| Q3 25 | 4.2% | 2.7% | ||
| Q2 25 | 5.3% | 2.9% | ||
| Q1 25 | 3.9% | 4.1% | ||
| Q4 24 | 4.6% | 3.4% | ||
| Q3 24 | 5.7% | 3.6% | ||
| Q2 24 | 3.9% | 4.5% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 5.93× | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.30× | 1.30× | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 1.14× | 3.96× | ||
| Q3 24 | 1.16× | 1.37× | ||
| Q2 24 | 1.27× | 0.69× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APH
| Communications Solutions | $4.5B | 60% |
| Harsh Environment Solutions | $1.7B | 22% |
| Interconnect and Sensor Systems | $1.4B | 18% |
APTV
| Electrical Distribution Systems | $2.3B | 45% |
| Engineered Components Group | $1.4B | 28% |
| Active Safety | $716.0M | 14% |
| User Experience And Other | $564.0M | 11% |
| Smart Vehicle Compute And Software | $154.0M | 3% |
