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Side-by-side financial comparison of Amphenol (APH) and CarMax (KMX). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($7.6B vs $5.8B, roughly 1.3× CarMax). Amphenol runs the higher net margin — 12.4% vs 1.1%, a 11.3% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs -6.9%). CarMax produced more free cash flow last quarter ($1.1B vs $831.2M). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 1.5%).
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.
CarMax, Inc. is a used vehicle retailer based in the United States. It operates two business segments: CarMax Sales Operations and CarMax Auto Finance. The company began as a side business of Circuit City Corporation, Inc., opening its first location in September 1993 in Richmond, Virginia. As of January 2025, CarMax operates 253 locations.
APH vs KMX — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $5.8B |
| Net Profit | $943.3M | $62.2M |
| Gross Margin | 36.7% | 10.2% |
| Operating Margin | 24.0% | — |
| Net Margin | 12.4% | 1.1% |
| Revenue YoY | 58.4% | -6.9% |
| Net Profit YoY | 26.8% | -50.4% |
| EPS (diluted) | $0.72 | $0.43 |
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 | $5.8B | ||
| Q3 25 | $6.2B | $6.6B | ||
| Q2 25 | $5.7B | $7.5B | ||
| Q1 25 | $4.8B | $6.0B | ||
| Q4 24 | $4.3B | $6.2B | ||
| Q3 24 | $4.0B | $7.0B | ||
| Q2 24 | $3.6B | $7.1B |
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $62.2M | ||
| Q3 25 | $1.2B | $95.4M | ||
| Q2 25 | $1.1B | $210.4M | ||
| Q1 25 | $737.8M | $89.9M | ||
| Q4 24 | $746.1M | $125.4M | ||
| Q3 24 | $604.4M | $132.8M | ||
| Q2 24 | $524.8M | $152.4M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | 10.2% | ||
| Q3 25 | 38.1% | 10.9% | ||
| Q2 25 | 36.3% | 11.8% | ||
| Q1 25 | 34.2% | 11.1% | ||
| Q4 24 | 34.3% | 10.9% | ||
| Q3 24 | 33.6% | 10.8% | ||
| Q2 24 | 33.6% | 11.1% |
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | — | ||
| Q3 25 | 27.5% | — | ||
| Q2 25 | 25.1% | — | ||
| Q1 25 | 21.3% | 2.0% | ||
| Q4 24 | 22.1% | 2.7% | ||
| Q3 24 | 20.3% | 2.5% | ||
| Q2 24 | 19.4% | 2.9% |
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 1.1% | ||
| Q3 25 | 20.1% | 1.4% | ||
| Q2 25 | 19.3% | 2.8% | ||
| Q1 25 | 15.3% | 1.5% | ||
| Q4 24 | 17.3% | 2.0% | ||
| Q3 24 | 15.0% | 1.9% | ||
| Q2 24 | 14.5% | 2.1% |
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $0.43 | ||
| Q3 25 | $0.97 | $0.64 | ||
| Q2 25 | $0.86 | $1.38 | ||
| Q1 25 | $0.58 | $0.58 | ||
| Q4 24 | $0.16 | $0.81 | ||
| Q3 24 | $0.48 | $0.85 | ||
| Q2 24 | $0.41 | $0.97 |
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 | $204.9M |
| Total DebtLower is stronger | $18.7B | $16.6B |
| Stockholders' EquityBook value | $14.1B | $6.1B |
| Total Assets | $42.1B | $25.6B |
| Debt / EquityLower = less leverage | 1.33× | 2.74× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6B | — | ||
| Q4 25 | $11.4B | $204.9M | ||
| Q3 25 | $3.9B | $540.4M | ||
| Q2 25 | $3.2B | $262.8M | ||
| Q1 25 | $1.7B | $247.0M | ||
| Q4 24 | $3.3B | $271.9M | ||
| Q3 24 | $1.6B | $524.7M | ||
| Q2 24 | $1.3B | $218.9M |
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | $16.6B | ||
| Q3 25 | $7.1B | $17.8B | ||
| Q2 25 | $7.1B | $18.0B | ||
| Q1 25 | $6.8B | $18.1B | ||
| Q4 24 | $6.5B | $18.1B | ||
| Q3 24 | $5.1B | $18.1B | ||
| Q2 24 | $5.0B | $18.2B |
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $6.1B | ||
| Q3 25 | $12.5B | $6.2B | ||
| Q2 25 | $11.5B | $6.3B | ||
| Q1 25 | $10.3B | $6.2B | ||
| Q4 24 | $9.8B | $6.2B | ||
| Q3 24 | $9.5B | $6.2B | ||
| Q2 24 | $9.0B | $6.2B |
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $25.6B | ||
| Q3 25 | $27.1B | $27.1B | ||
| Q2 25 | $25.7B | $27.4B | ||
| Q1 25 | $22.9B | $27.4B | ||
| Q4 24 | $21.4B | $27.3B | ||
| Q3 24 | $19.6B | $27.3B | ||
| Q2 24 | $18.6B | $27.2B |
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | 2.74× | ||
| Q3 25 | 0.57× | 2.87× | ||
| Q2 25 | 0.62× | 2.86× | ||
| Q1 25 | 0.66× | 2.91× | ||
| Q4 24 | 0.66× | 2.92× | ||
| Q3 24 | 0.54× | 2.93× | ||
| Q2 24 | 0.56× | 2.95× |
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 | $1.3B |
| Free Cash FlowOCF − Capex | $831.2M | $1.1B |
| FCF MarginFCF / Revenue | 10.9% | 19.2% |
| Capex IntensityCapex / Revenue | 3.8% | 2.4% |
| Cash ConversionOCF / Net Profit | 1.19× | 20.14× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | $1.9B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $1.3B | ||
| Q3 25 | $1.5B | $785.5M | ||
| Q2 25 | $1.4B | $299.5M | ||
| Q1 25 | $764.9M | $146.4M | ||
| Q4 24 | $847.1M | $-23.4M | ||
| Q3 24 | $704.0M | $619.1M | ||
| Q2 24 | $664.1M | $-117.7M |
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $1.1B | ||
| Q3 25 | $1.2B | $654.0M | ||
| Q2 25 | $1.1B | $162.8M | ||
| Q1 25 | $576.3M | $18.8M | ||
| Q4 24 | $647.3M | $-150.6M | ||
| Q3 24 | $474.0M | $509.9M | ||
| Q2 24 | $522.8M | $-221.6M |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 19.2% | ||
| Q3 25 | 19.6% | 9.9% | ||
| Q2 25 | 19.8% | 2.2% | ||
| Q1 25 | 12.0% | 0.3% | ||
| Q4 24 | 15.0% | -2.4% | ||
| Q3 24 | 11.7% | 7.3% | ||
| Q2 24 | 14.5% | -3.1% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 2.4% | ||
| Q3 25 | 4.2% | 2.0% | ||
| Q2 25 | 5.3% | 1.8% | ||
| Q1 25 | 3.9% | 2.1% | ||
| Q4 24 | 4.6% | 2.0% | ||
| Q3 24 | 5.7% | 1.6% | ||
| Q2 24 | 3.9% | 1.5% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 20.14× | ||
| Q3 25 | 1.18× | 8.24× | ||
| Q2 25 | 1.30× | 1.42× | ||
| Q1 25 | 1.04× | 1.63× | ||
| Q4 24 | 1.14× | -0.19× | ||
| Q3 24 | 1.16× | 4.66× | ||
| Q2 24 | 1.27× | -0.77× |
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% |
KMX
| Used Vehicles | $4.5B | 78% |
| Wholesale Vehicles | $1.1B | 19% |
| Other | $150.6M | 3% |
| Extendedprotectionplan Domain | $96.6M | 2% |
| Advertising Subscription Revenues Domain | $35.1M | 1% |
| Service Domain | $18.5M | 0% |
| Thirdpartyfinancefees Domain | $3.0M | 0% |
