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Side-by-side financial comparison of Amphenol (APH) and LPL Financial Holdings Inc. (LPLA). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($7.6B vs $4.9B, roughly 1.5× LPL Financial Holdings Inc.). Amphenol runs the higher net margin — 12.4% vs 6.1%, a 6.3% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs 40.4%). Amphenol produced more free cash flow last quarter ($831.2M vs $613.3M). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 32.0%).
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.
LPL Financial Holdings Inc. was founded in 1989 and is considered the largest independent broker-dealer in the United States. As of 2021 the company had more than 17,500 financial advisors, over US$1 trillion in advisory and brokerage assets, and generated approximately $10.3 billion in annual revenue for the 2023 fiscal year. LPL Financial has main offices in Boston, Fort Mill, Austin, and San Diego. The company is a member of FINRA and the SIPC.
APH vs LPLA — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $4.9B |
| Net Profit | $943.3M | $300.7M |
| Gross Margin | 36.7% | — |
| Operating Margin | 24.0% | 8.1% |
| Net Margin | 12.4% | 6.1% |
| Revenue YoY | 58.4% | 40.4% |
| Net Profit YoY | 26.8% | 11.1% |
| EPS (diluted) | $0.72 | $3.65 |
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 | $4.9B | ||
| Q3 25 | $6.2B | $4.6B | ||
| Q2 25 | $5.7B | $3.8B | ||
| Q1 25 | $4.8B | $3.7B | ||
| Q4 24 | $4.3B | $3.5B | ||
| Q3 24 | $4.0B | $3.1B | ||
| Q2 24 | $3.6B | $2.9B |
| Q1 26 | $943.3M | — | ||
| Q4 25 | $1.2B | $300.7M | ||
| Q3 25 | $1.2B | $-29.5M | ||
| Q2 25 | $1.1B | $273.2M | ||
| Q1 25 | $737.8M | $318.6M | ||
| Q4 24 | $746.1M | $270.7M | ||
| Q3 24 | $604.4M | $255.3M | ||
| Q2 24 | $524.8M | $243.8M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | — | ||
| Q3 25 | 38.1% | — | ||
| Q2 25 | 36.3% | — | ||
| Q1 25 | 34.2% | — | ||
| Q4 24 | 34.3% | — | ||
| Q3 24 | 33.6% | — | ||
| Q2 24 | 33.6% | — |
| Q1 26 | 24.0% | — | ||
| Q4 25 | 26.8% | 8.1% | ||
| Q3 25 | 27.5% | -0.7% | ||
| Q2 25 | 25.1% | 9.6% | ||
| Q1 25 | 21.3% | 11.4% | ||
| Q4 24 | 22.1% | 9.7% | ||
| Q3 24 | 20.3% | 11.2% | ||
| Q2 24 | 19.4% | 11.3% |
| Q1 26 | 12.4% | — | ||
| Q4 25 | 18.6% | 6.1% | ||
| Q3 25 | 20.1% | -0.6% | ||
| Q2 25 | 19.3% | 7.1% | ||
| Q1 25 | 15.3% | 8.7% | ||
| Q4 24 | 17.3% | 7.7% | ||
| Q3 24 | 15.0% | 8.2% | ||
| Q2 24 | 14.5% | 8.3% |
| Q1 26 | $0.72 | — | ||
| Q4 25 | $0.93 | $3.65 | ||
| Q3 25 | $0.97 | $-0.37 | ||
| Q2 25 | $0.86 | $3.40 | ||
| Q1 25 | $0.58 | $4.24 | ||
| Q4 24 | $0.16 | $3.58 | ||
| Q3 24 | $0.48 | $3.39 | ||
| Q2 24 | $0.41 | $3.23 |
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 | $1.1B |
| Total DebtLower is stronger | $18.7B | $7.3B |
| Stockholders' EquityBook value | $14.1B | $5.3B |
| Total Assets | $42.1B | $18.5B |
| Debt / EquityLower = less leverage | 1.33× | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6B | — | ||
| Q4 25 | $11.4B | $1.1B | ||
| Q3 25 | $3.9B | $1.6B | ||
| Q2 25 | $3.2B | $4.3B | ||
| Q1 25 | $1.7B | $1.4B | ||
| Q4 24 | $3.3B | $1.0B | ||
| Q3 24 | $1.6B | $1.6B | ||
| Q2 24 | $1.3B | $1.4B |
| Q1 26 | $18.7B | — | ||
| Q4 25 | $14.6B | $7.3B | ||
| Q3 25 | $7.1B | $7.5B | ||
| Q2 25 | $7.1B | $7.2B | ||
| Q1 25 | $6.8B | $5.7B | ||
| Q4 24 | $6.5B | $5.5B | ||
| Q3 24 | $5.1B | $4.4B | ||
| Q2 24 | $5.0B | $4.4B |
| Q1 26 | $14.1B | — | ||
| Q4 25 | $13.4B | $5.3B | ||
| Q3 25 | $12.5B | $5.0B | ||
| Q2 25 | $11.5B | $5.1B | ||
| Q1 25 | $10.3B | $3.1B | ||
| Q4 24 | $9.8B | $2.9B | ||
| Q3 24 | $9.5B | $2.8B | ||
| Q2 24 | $9.0B | $2.5B |
| Q1 26 | $42.1B | — | ||
| Q4 25 | $36.2B | $18.5B | ||
| Q3 25 | $27.1B | $18.0B | ||
| Q2 25 | $25.7B | $17.5B | ||
| Q1 25 | $22.9B | $14.0B | ||
| Q4 24 | $21.4B | $13.3B | ||
| Q3 24 | $19.6B | $11.9B | ||
| Q2 24 | $18.6B | $11.5B |
| Q1 26 | 1.33× | — | ||
| Q4 25 | 1.09× | 1.36× | ||
| Q3 25 | 0.57× | 1.49× | ||
| Q2 25 | 0.62× | 1.41× | ||
| Q1 25 | 0.66× | 1.82× | ||
| Q4 24 | 0.66× | 1.87× | ||
| Q3 24 | 0.54× | 1.60× | ||
| Q2 24 | 0.56× | 1.77× |
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 | $785.0M |
| Free Cash FlowOCF − Capex | $831.2M | $613.3M |
| FCF MarginFCF / Revenue | 10.9% | 12.4% |
| Capex IntensityCapex / Revenue | 3.8% | 3.5% |
| Cash ConversionOCF / Net Profit | 1.19× | 2.61× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | $-981.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | — | ||
| Q4 25 | $1.7B | $785.0M | ||
| Q3 25 | $1.5B | $-1.7B | ||
| Q2 25 | $1.4B | $193.3M | ||
| Q1 25 | $764.9M | $339.8M | ||
| Q4 24 | $847.1M | $-178.8M | ||
| Q3 24 | $704.0M | $209.3M | ||
| Q2 24 | $664.1M | $-178.9M |
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $613.3M | ||
| Q3 25 | $1.2B | $-1.9B | ||
| Q2 25 | $1.1B | $56.3M | ||
| Q1 25 | $576.3M | $220.3M | ||
| Q4 24 | $647.3M | $-344.3M | ||
| Q3 24 | $474.0M | $62.3M | ||
| Q2 24 | $522.8M | $-307.8M |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 12.4% | ||
| Q3 25 | 19.6% | -41.1% | ||
| Q2 25 | 19.8% | 1.5% | ||
| Q1 25 | 12.0% | 6.0% | ||
| Q4 24 | 15.0% | -9.8% | ||
| Q3 24 | 11.7% | 2.0% | ||
| Q2 24 | 14.5% | -10.5% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 3.5% | ||
| Q3 25 | 4.2% | 3.1% | ||
| Q2 25 | 5.3% | 3.6% | ||
| Q1 25 | 3.9% | 3.3% | ||
| Q4 24 | 4.6% | 4.7% | ||
| Q3 24 | 5.7% | 4.7% | ||
| Q2 24 | 3.9% | 4.4% |
| Q1 26 | 1.19× | — | ||
| Q4 25 | 1.44× | 2.61× | ||
| Q3 25 | 1.18× | — | ||
| Q2 25 | 1.30× | 0.71× | ||
| Q1 25 | 1.04× | 1.07× | ||
| Q4 24 | 1.14× | -0.66× | ||
| Q3 24 | 1.16× | 0.82× | ||
| Q2 24 | 1.27× | -0.73× |
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% |
LPLA
Segment breakdown not available.
