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Side-by-side financial comparison of Amphenol (APH) and Freeport-McMoRan (FCX). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($6.4B vs $5.3B, roughly 1.2× Freeport-McMoRan). Amphenol runs the higher net margin — 18.6% vs 10.7%, a 7.8% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (49.1% vs -10.4%). Amphenol produced more free cash flow last quarter ($1.5B vs $-312.0M). Over the past eight quarters, Amphenol's revenue compounded faster (40.6% CAGR vs -7.9%).
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.
Freeport-McMoRan Inc., often called Freeport, is an American mining company based in the Freeport-McMoRan Center, in Phoenix, Arizona. The company is the world's largest producer of molybdenum, a major copper producer and operates the world's largest gold mine, the Grasberg mine in Papua, Indonesia.
APH vs FCX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.4B | $5.3B |
| Net Profit | $1.2B | $565.0M |
| Gross Margin | 38.2% | 12.4% |
| Operating Margin | 26.8% | 15.4% |
| Net Margin | 18.6% | 10.7% |
| Revenue YoY | 49.1% | -10.4% |
| Net Profit YoY | 60.2% | -21.6% |
| EPS (diluted) | $0.93 | — |
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.
| Q4 25 | $6.4B | $5.3B | ||
| Q3 25 | $6.2B | $6.8B | ||
| Q2 25 | $5.7B | $7.5B | ||
| Q1 25 | $4.8B | $5.6B | ||
| Q4 24 | $4.3B | $5.9B | ||
| Q3 24 | $4.0B | $6.7B | ||
| Q2 24 | $3.6B | $6.4B | ||
| Q1 24 | $3.3B | $6.2B |
| Q4 25 | $1.2B | $565.0M | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.1B | $1.5B | ||
| Q1 25 | $737.8M | $793.0M | ||
| Q4 24 | $746.1M | $721.0M | ||
| Q3 24 | $604.4M | $1.2B | ||
| Q2 24 | $524.8M | $1.3B | ||
| Q1 24 | $548.7M | $1.2B |
| Q4 25 | 38.2% | 12.4% | ||
| Q3 25 | 38.1% | 29.2% | ||
| Q2 25 | 36.3% | 34.2% | ||
| Q1 25 | 34.2% | 24.3% | ||
| Q4 24 | 34.3% | 27.0% | ||
| Q3 24 | 33.6% | 30.0% | ||
| Q2 24 | 33.6% | 31.5% | ||
| Q1 24 | 33.4% | 28.5% |
| Q4 25 | 26.8% | 15.4% | ||
| Q3 25 | 27.5% | 28.9% | ||
| Q2 25 | 25.1% | 32.3% | ||
| Q1 25 | 21.3% | 23.4% | ||
| Q4 24 | 22.1% | 21.1% | ||
| Q3 24 | 20.3% | 29.0% | ||
| Q2 24 | 19.4% | 32.0% | ||
| Q1 24 | 21.0% | 26.3% |
| Q4 25 | 18.6% | 10.7% | ||
| Q3 25 | 20.1% | 18.3% | ||
| Q2 25 | 19.3% | 20.6% | ||
| Q1 25 | 15.3% | 14.2% | ||
| Q4 24 | 17.3% | 12.3% | ||
| Q3 24 | 15.0% | 18.5% | ||
| Q2 24 | 14.5% | 20.0% | ||
| Q1 24 | 16.9% | 18.7% |
| Q4 25 | $0.93 | — | ||
| Q3 25 | $0.97 | $0.46 | ||
| Q2 25 | $0.86 | $0.53 | ||
| Q1 25 | $0.58 | $0.24 | ||
| Q4 24 | $0.16 | — | ||
| Q3 24 | $0.48 | $0.36 | ||
| Q2 24 | $0.41 | $0.42 | ||
| Q1 24 | $0.87 | $0.32 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $11.4B | $3.8B |
| Total DebtLower is stronger | $14.6B | $9.4B |
| Stockholders' EquityBook value | $13.4B | $18.9B |
| Total Assets | $36.2B | $58.2B |
| Debt / EquityLower = less leverage | 1.09× | 0.50× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $11.4B | $3.8B | ||
| Q3 25 | $3.9B | $4.3B | ||
| Q2 25 | $3.2B | $4.5B | ||
| Q1 25 | $1.7B | $4.4B | ||
| Q4 24 | $3.3B | $3.9B | ||
| Q3 24 | $1.6B | $5.0B | ||
| Q2 24 | $1.3B | $5.3B | ||
| Q1 24 | $2.0B | $5.2B |
| Q4 25 | $14.6B | $9.4B | ||
| Q3 25 | $7.1B | — | ||
| Q2 25 | $7.1B | — | ||
| Q1 25 | $6.8B | $9.4B | ||
| Q4 24 | $6.5B | $8.9B | ||
| Q3 24 | $5.1B | $9.7B | ||
| Q2 24 | $5.0B | $9.4B | ||
| Q1 24 | $3.6B | $9.4B |
| Q4 25 | $13.4B | $18.9B | ||
| Q3 25 | $12.5B | $18.7B | ||
| Q2 25 | $11.5B | $18.2B | ||
| Q1 25 | $10.3B | $17.7B | ||
| Q4 24 | $9.8B | $17.6B | ||
| Q3 24 | $9.5B | $17.5B | ||
| Q2 24 | $9.0B | $17.4B | ||
| Q1 24 | $8.7B | $17.0B |
| Q4 25 | $36.2B | $58.2B | ||
| Q3 25 | $27.1B | $56.8B | ||
| Q2 25 | $25.7B | $56.5B | ||
| Q1 25 | $22.9B | $56.0B | ||
| Q4 24 | $21.4B | $54.8B | ||
| Q3 24 | $19.6B | $55.4B | ||
| Q2 24 | $18.6B | $54.6B | ||
| Q1 24 | $16.7B | $54.2B |
| Q4 25 | 1.09× | 0.50× | ||
| Q3 25 | 0.57× | — | ||
| Q2 25 | 0.62× | — | ||
| Q1 25 | 0.66× | 0.53× | ||
| Q4 24 | 0.66× | 0.51× | ||
| Q3 24 | 0.54× | 0.55× | ||
| Q2 24 | 0.56× | 0.54× | ||
| Q1 24 | 0.41× | 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.7B | $693.0M |
| Free Cash FlowOCF − Capex | $1.5B | $-312.0M |
| FCF MarginFCF / Revenue | 22.8% | -5.9% |
| Capex IntensityCapex / Revenue | 3.9% | 19.1% |
| Cash ConversionOCF / Net Profit | 1.44× | 1.23× |
| TTM Free Cash FlowTrailing 4 quarters | $4.4B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.7B | $693.0M | ||
| Q3 25 | $1.5B | $1.7B | ||
| Q2 25 | $1.4B | $2.2B | ||
| Q1 25 | $764.9M | $1.1B | ||
| Q4 24 | $847.1M | $1.4B | ||
| Q3 24 | $704.0M | $1.9B | ||
| Q2 24 | $664.1M | $2.0B | ||
| Q1 24 | $599.5M | $1.9B |
| Q4 25 | $1.5B | $-312.0M | ||
| Q3 25 | $1.2B | $608.0M | ||
| Q2 25 | $1.1B | $934.0M | ||
| Q1 25 | $576.3M | $-114.0M | ||
| Q4 24 | $647.3M | $197.0M | ||
| Q3 24 | $474.0M | $673.0M | ||
| Q2 24 | $522.8M | $840.0M | ||
| Q1 24 | $505.2M | $642.0M |
| Q4 25 | 22.8% | -5.9% | ||
| Q3 25 | 19.6% | 8.9% | ||
| Q2 25 | 19.8% | 12.4% | ||
| Q1 25 | 12.0% | -2.0% | ||
| Q4 24 | 15.0% | 3.4% | ||
| Q3 24 | 11.7% | 10.1% | ||
| Q2 24 | 14.5% | 13.1% | ||
| Q1 24 | 15.5% | 10.3% |
| Q4 25 | 3.9% | 19.1% | ||
| Q3 25 | 4.2% | 15.5% | ||
| Q2 25 | 5.3% | 16.8% | ||
| Q1 25 | 3.9% | 21.0% | ||
| Q4 24 | 4.6% | 21.1% | ||
| Q3 24 | 5.7% | 17.9% | ||
| Q2 24 | 3.9% | 17.4% | ||
| Q1 24 | 2.9% | 20.2% |
| Q4 25 | 1.44× | 1.23× | ||
| Q3 25 | 1.18× | 1.33× | ||
| Q2 25 | 1.30× | 1.42× | ||
| Q1 25 | 1.04× | 1.33× | ||
| Q4 24 | 1.14× | 1.99× | ||
| Q3 24 | 1.16× | 1.51× | ||
| Q2 24 | 1.27× | 1.53× | ||
| Q1 24 | 1.09× | 1.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
APH
| Communications Solutions Segment | $3.5B | 54% |
| Harsh Environment Solutions Segment | $1.7B | 26% |
| Sales Channel Through Intermediary | $1.4B | 21% |
FCX
| Morenci | $2.5B | 47% |
| Grasberg Segment | $964.0M | 18% |
| Copper In Concentrates | $934.0M | 18% |
| Molybdenum | $541.0M | 10% |
| Gold | $388.0M | 7% |
