vs

Side-by-side financial comparison of Amphenol (APH) and EQT Corporation (EQT). Click either name above to swap in a different company.

Amphenol is the larger business by last-quarter revenue ($6.4B vs $3.4B, roughly 1.9× EQT Corporation). EQT Corporation runs the higher net margin — 44.0% vs 18.6%, a 25.4% gap on every dollar of revenue. On growth, EQT Corporation posted the faster year-over-year revenue change (94.2% vs 49.1%). EQT Corporation produced more free cash flow last quarter ($1.9B vs $1.5B). Over the past eight quarters, EQT Corporation's revenue compounded faster (94.9% CAGR vs 40.6%).

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.

EQT Corporation is a leading independent natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania, U.S. It mainly operates in the Appalachian Basin, producing natural gas, natural gas liquids and crude oil to supply energy for residential, commercial, industrial and power generation needs across North American markets.

APH vs EQT — Head-to-Head

Bigger by revenue
APH
APH
1.9× larger
APH
$6.4B
$3.4B
EQT
Growing faster (revenue YoY)
EQT
EQT
+45.1% gap
EQT
94.2%
49.1%
APH
Higher net margin
EQT
EQT
25.4% more per $
EQT
44.0%
18.6%
APH
More free cash flow
EQT
EQT
$476.5M more FCF
EQT
$1.9B
$1.5B
APH
Faster 2-yr revenue CAGR
EQT
EQT
Annualised
EQT
94.9%
40.6%
APH

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
APH
APH
EQT
EQT
Revenue
$6.4B
$3.4B
Net Profit
$1.2B
$1.5B
Gross Margin
38.2%
Operating Margin
26.8%
60.3%
Net Margin
18.6%
44.0%
Revenue YoY
49.1%
94.2%
Net Profit YoY
60.2%
514.5%
EPS (diluted)
$0.93
$2.36

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
EQT
EQT
Q1 26
$3.4B
Q4 25
$6.4B
$2.4B
Q3 25
$6.2B
$2.0B
Q2 25
$5.7B
$2.6B
Q1 25
$4.8B
$1.7B
Q4 24
$4.3B
$1.6B
Q3 24
$4.0B
$1.3B
Q2 24
$3.6B
$889.5M
Net Profit
APH
APH
EQT
EQT
Q1 26
$1.5B
Q4 25
$1.2B
$677.1M
Q3 25
$1.2B
$335.9M
Q2 25
$1.1B
$784.1M
Q1 25
$737.8M
$242.1M
Q4 24
$746.1M
$418.4M
Q3 24
$604.4M
$-300.8M
Q2 24
$524.8M
$9.5M
Gross Margin
APH
APH
EQT
EQT
Q1 26
Q4 25
38.2%
83.8%
Q3 25
38.1%
80.7%
Q2 25
36.3%
84.8%
Q1 25
34.2%
78.3%
Q4 24
34.3%
76.2%
Q3 24
33.6%
65.7%
Q2 24
33.6%
38.9%
Operating Margin
APH
APH
EQT
EQT
Q1 26
60.3%
Q4 25
26.8%
42.5%
Q3 25
27.5%
30.8%
Q2 25
25.1%
44.3%
Q1 25
21.3%
28.5%
Q4 24
22.1%
48.1%
Q3 24
20.3%
-22.0%
Q2 24
19.4%
0.3%
Net Margin
APH
APH
EQT
EQT
Q1 26
44.0%
Q4 25
18.6%
28.4%
Q3 25
20.1%
17.1%
Q2 25
19.3%
30.7%
Q1 25
15.3%
13.9%
Q4 24
17.3%
25.8%
Q3 24
15.0%
-23.4%
Q2 24
14.5%
1.1%
EPS (diluted)
APH
APH
EQT
EQT
Q1 26
$2.36
Q4 25
$0.93
$1.08
Q3 25
$0.97
$0.53
Q2 25
$0.86
$1.30
Q1 25
$0.58
$0.40
Q4 24
$0.16
$0.74
Q3 24
$0.48
$-0.54
Q2 24
$0.41
$0.02

Balance Sheet & Financial Strength

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

Metric
APH
APH
EQT
EQT
Cash + ST InvestmentsLiquidity on hand
$11.4B
$326.6M
Total DebtLower is stronger
$14.6B
$507.5M
Stockholders' EquityBook value
$13.4B
$28.8B
Total Assets
$36.2B
$41.7B
Debt / EquityLower = less leverage
1.09×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
APH
APH
EQT
EQT
Q1 26
$326.6M
Q4 25
$11.4B
$110.8M
Q3 25
$3.9B
$235.7M
Q2 25
$3.2B
$555.5M
Q1 25
$1.7B
$281.8M
Q4 24
$3.3B
$202.1M
Q3 24
$1.6B
$89.0M
Q2 24
$1.3B
$30.0M
Total Debt
APH
APH
EQT
EQT
Q1 26
$507.5M
Q4 25
$14.6B
$7.8B
Q3 25
$7.1B
$8.2B
Q2 25
$7.1B
$8.3B
Q1 25
$6.8B
$8.4B
Q4 24
$6.5B
$9.3B
Q3 24
$5.1B
$13.8B
Q2 24
$5.0B
$5.0B
Stockholders' Equity
APH
APH
EQT
EQT
Q1 26
$28.8B
Q4 25
$13.4B
$23.8B
Q3 25
$12.5B
$23.2B
Q2 25
$11.5B
$21.4B
Q1 25
$10.3B
$20.7B
Q4 24
$9.8B
$20.6B
Q3 24
$9.5B
$20.3B
Q2 24
$9.0B
$15.1B
Total Assets
APH
APH
EQT
EQT
Q1 26
$41.7B
Q4 25
$36.2B
$41.8B
Q3 25
$27.1B
$41.2B
Q2 25
$25.7B
$39.7B
Q1 25
$22.9B
$39.7B
Q4 24
$21.4B
$39.8B
Q3 24
$19.6B
$39.9B
Q2 24
$18.6B
$24.7B
Debt / Equity
APH
APH
EQT
EQT
Q1 26
0.02×
Q4 25
1.09×
0.33×
Q3 25
0.57×
0.35×
Q2 25
0.62×
0.39×
Q1 25
0.66×
0.41×
Q4 24
0.66×
0.45×
Q3 24
0.54×
0.68×
Q2 24
0.56×
0.33×

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
EQT
EQT
Operating Cash FlowLast quarter
$1.7B
$3.1B
Free Cash FlowOCF − Capex
$1.5B
$1.9B
FCF MarginFCF / Revenue
22.8%
57.6%
Capex IntensityCapex / Revenue
3.9%
18.0%
Cash ConversionOCF / Net Profit
1.44×
2.05×
TTM Free Cash FlowTrailing 4 quarters
$4.4B
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
APH
APH
EQT
EQT
Q1 26
$3.1B
Q4 25
$1.7B
$1.1B
Q3 25
$1.5B
$1.0B
Q2 25
$1.4B
$1.2B
Q1 25
$764.9M
$1.7B
Q4 24
$847.1M
$756.3M
Q3 24
$704.0M
$593.0M
Q2 24
$664.1M
$322.0M
Free Cash Flow
APH
APH
EQT
EQT
Q1 26
$1.9B
Q4 25
$1.5B
$512.7M
Q3 25
$1.2B
$391.3M
Q2 25
$1.1B
$692.1M
Q1 25
$576.3M
$1.2B
Q4 24
$647.3M
$164.7M
Q3 24
$474.0M
$23.5M
Q2 24
$522.8M
$-236.1M
FCF Margin
APH
APH
EQT
EQT
Q1 26
57.6%
Q4 25
22.8%
21.5%
Q3 25
19.6%
20.0%
Q2 25
19.8%
27.1%
Q1 25
12.0%
71.4%
Q4 24
15.0%
10.1%
Q3 24
11.7%
1.8%
Q2 24
14.5%
-26.5%
Capex Intensity
APH
APH
EQT
EQT
Q1 26
18.0%
Q4 25
3.9%
25.7%
Q3 25
4.2%
32.0%
Q2 25
5.3%
21.5%
Q1 25
3.9%
28.7%
Q4 24
4.6%
36.4%
Q3 24
5.7%
44.4%
Q2 24
3.9%
62.7%
Cash Conversion
APH
APH
EQT
EQT
Q1 26
2.05×
Q4 25
1.44×
1.66×
Q3 25
1.18×
3.03×
Q2 25
1.30×
1.58×
Q1 25
1.04×
7.19×
Q4 24
1.14×
1.81×
Q3 24
1.16×
Q2 24
1.27×
33.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

APH
APH

Communications Solutions Segment$3.5B54%
Harsh Environment Solutions Segment$1.7B26%
Sales Channel Through Intermediary$1.4B21%

EQT
EQT

Segment breakdown not available.

Related Comparisons