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Side-by-side financial comparison of Amphenol (APH) and EMCOR Group, Inc. (EME). Click either name above to swap in a different company.

Amphenol is the larger business by last-quarter revenue ($7.6B vs $4.6B, roughly 1.6× EMCOR Group, Inc.). Amphenol runs the higher net margin — 12.4% vs 6.6%, a 5.8% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs 19.7%). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 12.3%).

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.

EMCOR Group, Inc., is an engineering, construction, and property management company headquartered in Norwalk, Connecticut.

APH vs EME — Head-to-Head

Bigger by revenue
APH
APH
1.6× larger
APH
$7.6B
$4.6B
EME
Growing faster (revenue YoY)
APH
APH
+38.7% gap
APH
58.4%
19.7%
EME
Higher net margin
APH
APH
5.8% more per $
APH
12.4%
6.6%
EME
Faster 2-yr revenue CAGR
APH
APH
Annualised
APH
45.3%
12.3%
EME

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
APH
APH
EME
EME
Revenue
$7.6B
$4.6B
Net Profit
$943.3M
$305.5M
Gross Margin
36.7%
18.7%
Operating Margin
24.0%
8.7%
Net Margin
12.4%
6.6%
Revenue YoY
58.4%
19.7%
Net Profit YoY
26.8%
26.9%
EPS (diluted)
$0.72
$6.84

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.

Revenue
APH
APH
EME
EME
Q1 26
$7.6B
$4.6B
Q4 25
$6.4B
$4.5B
Q3 25
$6.2B
$4.3B
Q2 25
$5.7B
$4.3B
Q1 25
$4.8B
$3.9B
Q4 24
$4.3B
$3.8B
Q3 24
$4.0B
$3.7B
Q2 24
$3.6B
$3.7B
Net Profit
APH
APH
EME
EME
Q1 26
$943.3M
$305.5M
Q4 25
$1.2B
$434.6M
Q3 25
$1.2B
$295.4M
Q2 25
$1.1B
$302.2M
Q1 25
$737.8M
$240.7M
Q4 24
$746.1M
$292.2M
Q3 24
$604.4M
$270.3M
Q2 24
$524.8M
$247.6M
Gross Margin
APH
APH
EME
EME
Q1 26
36.7%
18.7%
Q4 25
38.2%
19.7%
Q3 25
38.1%
19.4%
Q2 25
36.3%
19.4%
Q1 25
34.2%
18.7%
Q4 24
34.3%
20.1%
Q3 24
33.6%
19.9%
Q2 24
33.6%
18.7%
Operating Margin
APH
APH
EME
EME
Q1 26
24.0%
8.7%
Q4 25
26.8%
12.7%
Q3 25
27.5%
9.4%
Q2 25
25.1%
9.6%
Q1 25
21.3%
8.2%
Q4 24
22.1%
10.3%
Q3 24
20.3%
9.8%
Q2 24
19.4%
9.1%
Net Margin
APH
APH
EME
EME
Q1 26
12.4%
6.6%
Q4 25
18.6%
9.6%
Q3 25
20.1%
6.9%
Q2 25
19.3%
7.0%
Q1 25
15.3%
6.2%
Q4 24
17.3%
7.7%
Q3 24
15.0%
7.3%
Q2 24
14.5%
6.8%
EPS (diluted)
APH
APH
EME
EME
Q1 26
$0.72
$6.84
Q4 25
$0.93
$9.64
Q3 25
$0.97
$6.57
Q2 25
$0.86
$6.72
Q1 25
$0.58
$5.26
Q4 24
$0.16
$6.30
Q3 24
$0.48
$5.80
Q2 24
$0.41
$5.25

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
APH
APH
EME
EME
Cash + ST InvestmentsLiquidity on hand
$4.6B
$916.4M
Total DebtLower is stronger
$18.7B
Stockholders' EquityBook value
$14.1B
$3.9B
Total Assets
$42.1B
$9.5B
Debt / EquityLower = less leverage
1.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APH
APH
EME
EME
Q1 26
$4.6B
$916.4M
Q4 25
$11.4B
$1.1B
Q3 25
$3.9B
$655.1M
Q2 25
$3.2B
$486.0M
Q1 25
$1.7B
$576.7M
Q4 24
$3.3B
$1.3B
Q3 24
$1.6B
$1.0B
Q2 24
$1.3B
$807.3M
Total Debt
APH
APH
EME
EME
Q1 26
$18.7B
Q4 25
$14.6B
Q3 25
$7.1B
Q2 25
$7.1B
Q1 25
$6.8B
Q4 24
$6.5B
Q3 24
$5.1B
Q2 24
$5.0B
Stockholders' Equity
APH
APH
EME
EME
Q1 26
$14.1B
$3.9B
Q4 25
$13.4B
$3.7B
Q3 25
$12.5B
$3.3B
Q2 25
$11.5B
$3.1B
Q1 25
$10.3B
$2.9B
Q4 24
$9.8B
$2.9B
Q3 24
$9.5B
$2.8B
Q2 24
$9.0B
$2.7B
Total Assets
APH
APH
EME
EME
Q1 26
$42.1B
$9.5B
Q4 25
$36.2B
$9.3B
Q3 25
$27.1B
$8.6B
Q2 25
$25.7B
$8.4B
Q1 25
$22.9B
$8.1B
Q4 24
$21.4B
$7.7B
Q3 24
$19.6B
$7.3B
Q2 24
$18.6B
$7.1B
Debt / Equity
APH
APH
EME
EME
Q1 26
1.33×
Q4 25
1.09×
Q3 25
0.57×
Q2 25
0.62×
Q1 25
0.66×
Q4 24
0.66×
Q3 24
0.54×
Q2 24
0.56×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
APH
APH
EME
EME
Operating Cash FlowLast quarter
$1.1B
$558.0K
Free Cash FlowOCF − Capex
$831.2M
FCF MarginFCF / Revenue
10.9%
Capex IntensityCapex / Revenue
3.8%
Cash ConversionOCF / Net Profit
1.19×
0.00×
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APH
APH
EME
EME
Q1 26
$1.1B
$558.0K
Q4 25
$1.7B
$524.4M
Q3 25
$1.5B
$475.5M
Q2 25
$1.4B
$193.7M
Q1 25
$764.9M
$108.5M
Q4 24
$847.1M
$469.5M
Q3 24
$704.0M
$526.4M
Q2 24
$664.1M
$279.7M
Free Cash Flow
APH
APH
EME
EME
Q1 26
$831.2M
Q4 25
$1.5B
$492.5M
Q3 25
$1.2B
$448.8M
Q2 25
$1.1B
$165.6M
Q1 25
$576.3M
$82.3M
Q4 24
$647.3M
$451.8M
Q3 24
$474.0M
$508.7M
Q2 24
$522.8M
$260.4M
FCF Margin
APH
APH
EME
EME
Q1 26
10.9%
Q4 25
22.8%
10.9%
Q3 25
19.6%
10.4%
Q2 25
19.8%
3.8%
Q1 25
12.0%
2.1%
Q4 24
15.0%
12.0%
Q3 24
11.7%
13.8%
Q2 24
14.5%
7.1%
Capex Intensity
APH
APH
EME
EME
Q1 26
3.8%
Q4 25
3.9%
0.7%
Q3 25
4.2%
0.6%
Q2 25
5.3%
0.7%
Q1 25
3.9%
0.7%
Q4 24
4.6%
0.5%
Q3 24
5.7%
0.5%
Q2 24
3.9%
0.5%
Cash Conversion
APH
APH
EME
EME
Q1 26
1.19×
0.00×
Q4 25
1.44×
1.21×
Q3 25
1.18×
1.61×
Q2 25
1.30×
0.64×
Q1 25
1.04×
0.45×
Q4 24
1.14×
1.61×
Q3 24
1.16×
1.95×
Q2 24
1.27×
1.13×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

APH
APH

Communications Solutions$4.5B60%
Harsh Environment Solutions$1.7B22%
Interconnect and Sensor Systems$1.4B18%

EME
EME

Segment breakdown not available.

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