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Side-by-side financial comparison of Amphenol (APH) and Carnival (CCL). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($7.6B vs $6.3B, roughly 1.2× Carnival). Amphenol runs the higher net margin — 12.4% vs 6.6%, a 5.7% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs 6.6%). Amphenol produced more free cash flow last quarter ($831.2M vs $12.0M). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 8.2%).
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.
CarnivalCCLEarnings & Financial Report
Carnival is the world's largest leisure travel group specializing in cruise operations. It owns multiple globally recognized cruise brands, serving millions of passengers yearly, offering all-inclusive vacation experiences covering accommodation, catering, entertainment, and shore excursions across global popular destinations.
APH vs CCL — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $6.3B |
| Net Profit | $943.3M | $421.0M |
| Gross Margin | 36.7% | — |
| Operating Margin | 24.0% | 11.6% |
| Net Margin | 12.4% | 6.6% |
| Revenue YoY | 58.4% | 6.6% |
| Net Profit YoY | 26.8% | 38.9% |
| EPS (diluted) | $0.72 | $0.33 |
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 | $6.3B | ||
| Q3 25 | $6.2B | $8.2B | ||
| Q2 25 | $5.7B | $6.3B | ||
| Q1 25 | $4.8B | $5.8B | ||
| Q4 24 | $4.3B | $5.9B | ||
| Q3 24 | $4.0B | $7.9B | ||
| Q2 24 | $3.6B | $5.8B |
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $421.0M | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.1B | $565.0M | ||
| Q1 25 | $737.8M | $-78.0M | ||
| Q4 24 | $746.1M | $303.0M | ||
| Q3 24 | $604.4M | $1.7B | ||
| Q2 24 | $524.8M | $92.0M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | — | ||
| Q3 25 | 38.1% | 46.2% | ||
| Q2 25 | 36.3% | 38.6% | ||
| Q1 25 | 34.2% | 35.2% | ||
| Q4 24 | 34.3% | 35.5% | ||
| Q3 24 | 33.6% | 45.5% | ||
| Q2 24 | 33.6% | 34.3% |
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | 11.6% | ||
| Q3 25 | 27.5% | 27.9% | ||
| Q2 25 | 25.1% | 14.8% | ||
| Q1 25 | 21.3% | 9.3% | ||
| Q4 24 | 22.1% | 9.4% | ||
| Q3 24 | 20.3% | 27.6% | ||
| Q2 24 | 19.4% | 9.7% |
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 6.6% | ||
| Q3 25 | 20.1% | 22.7% | ||
| Q2 25 | 19.3% | 8.9% | ||
| Q1 25 | 15.3% | -1.3% | ||
| Q4 24 | 17.3% | 5.1% | ||
| Q3 24 | 15.0% | 22.0% | ||
| Q2 24 | 14.5% | 1.6% |
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $0.33 | ||
| Q3 25 | $0.97 | $1.33 | ||
| Q2 25 | $0.86 | $0.42 | ||
| Q1 25 | $0.58 | $-0.06 | ||
| Q4 24 | $0.16 | $0.28 | ||
| Q3 24 | $0.48 | $1.26 | ||
| Q2 24 | $0.41 | $0.07 |
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 | $27.4B |
| Stockholders' EquityBook value | $14.1B | $12.3B |
| Total Assets | $42.1B | $51.7B |
| Debt / EquityLower = less leverage | 1.33× | 2.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6B | — | ||
| Q4 25 | $11.4B | $1.9B | ||
| Q3 25 | $3.9B | $1.8B | ||
| Q2 25 | $3.2B | $2.1B | ||
| Q1 25 | $1.7B | $833.0M | ||
| Q4 24 | $3.3B | $1.2B | ||
| Q3 24 | $1.6B | $1.5B | ||
| Q2 24 | $1.3B | $1.6B |
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | $27.4B | ||
| Q3 25 | $7.1B | $27.2B | ||
| Q2 25 | $7.1B | $28.0B | ||
| Q1 25 | $6.8B | $27.7B | ||
| Q4 24 | $6.5B | $28.2B | ||
| Q3 24 | $5.1B | $29.6B | ||
| Q2 24 | $5.0B | $30.2B |
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $12.3B | ||
| Q3 25 | $12.5B | $11.9B | ||
| Q2 25 | $11.5B | $10.0B | ||
| Q1 25 | $10.3B | $9.2B | ||
| Q4 24 | $9.8B | $9.3B | ||
| Q3 24 | $9.5B | $8.6B | ||
| Q2 24 | $9.0B | $6.8B |
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $51.7B | ||
| Q3 25 | $27.1B | $50.8B | ||
| Q2 25 | $25.7B | $51.2B | ||
| Q1 25 | $22.9B | $48.5B | ||
| Q4 24 | $21.4B | $49.1B | ||
| Q3 24 | $19.6B | $49.8B | ||
| Q2 24 | $18.6B | $49.6B |
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | 2.23× | ||
| Q3 25 | 0.57× | 2.28× | ||
| Q2 25 | 0.62× | 2.79× | ||
| Q1 25 | 0.66× | 3.02× | ||
| Q4 24 | 0.66× | 3.05× | ||
| Q3 24 | 0.54× | 3.45× | ||
| Q2 24 | 0.56× | 4.43× |
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 | $1.5B |
| Free Cash FlowOCF − Capex | $831.2M | $12.0M |
| FCF MarginFCF / Revenue | 10.9% | 0.2% |
| Capex IntensityCapex / Revenue | 3.8% | 23.8% |
| Cash ConversionOCF / Net Profit | 1.19× | 3.61× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | $2.6B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $1.5B | ||
| Q3 25 | $1.5B | $1.4B | ||
| Q2 25 | $1.4B | $2.4B | ||
| Q1 25 | $764.9M | $925.0M | ||
| Q4 24 | $847.1M | $911.0M | ||
| Q3 24 | $704.0M | $1.2B | ||
| Q2 24 | $664.1M | $2.0B |
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $12.0M | ||
| Q3 25 | $1.2B | $736.0M | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $576.3M | $318.0M | ||
| Q4 24 | $647.3M | $319.0M | ||
| Q3 24 | $474.0M | $628.0M | ||
| Q2 24 | $522.8M | $720.0M |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 0.2% | ||
| Q3 25 | 19.6% | 9.0% | ||
| Q2 25 | 19.8% | 24.4% | ||
| Q1 25 | 12.0% | 5.5% | ||
| Q4 24 | 15.0% | 5.4% | ||
| Q3 24 | 11.7% | 8.0% | ||
| Q2 24 | 14.5% | 12.5% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 23.8% | ||
| Q3 25 | 4.2% | 7.9% | ||
| Q2 25 | 5.3% | 13.4% | ||
| Q1 25 | 3.9% | 10.4% | ||
| Q4 24 | 4.6% | 10.0% | ||
| Q3 24 | 5.7% | 7.3% | ||
| Q2 24 | 3.9% | 22.8% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 3.61× | ||
| Q3 25 | 1.18× | 0.75× | ||
| Q2 25 | 1.30× | 4.23× | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 1.14× | 3.01× | ||
| Q3 24 | 1.16× | 0.69× | ||
| Q2 24 | 1.27× | 22.16× |
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% |
CCL
| Cruise Passenger Ticket | $4.1B | 64% |
| Other | $2.2B | 34% |
| Cruise | $90.0M | 1% |
| Tour And Other | $29.0M | 0% |
