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Side-by-side financial comparison of Amphenol (APH) and Royal Caribbean Group (RCL). Click either name above to swap in a different company.
Amphenol is the larger business by last-quarter revenue ($7.6B vs $4.5B, roughly 1.7× Royal Caribbean Group). Royal Caribbean Group runs the higher net margin — 21.3% vs 12.4%, a 9.0% gap on every dollar of revenue. On growth, Amphenol posted the faster year-over-year revenue change (58.4% vs 11.3%). Over the past eight quarters, Amphenol's revenue compounded faster (45.3% CAGR vs 4.1%).
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.
Royal Caribbean Group, formerly known as Royal Caribbean Cruises Ltd., is a cruise holding company headquartered in Miami, Florida, United States and incorporated in Liberia. It is the world's second-largest cruise line operator, after Carnival Corporation & plc. As of September 2025, Royal Caribbean Group fully owns three cruise lines: Royal Caribbean International, Celebrity Cruises, and Silversea Cruises. It also holds a 50% stake in TUI Cruises, which operates Mein Schiff and Hapag-Lloyd ...
APH vs RCL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $7.6B | $4.5B |
| Net Profit | $943.3M | $950.0M |
| Gross Margin | 36.7% | — |
| Operating Margin | 24.0% | 26.1% |
| Net Margin | 12.4% | 21.3% |
| Revenue YoY | 58.4% | 11.3% |
| Net Profit YoY | 26.8% | 29.1% |
| EPS (diluted) | $0.72 | $3.48 |
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 | $4.5B | ||
| Q4 25 | $6.4B | $4.3B | ||
| Q3 25 | $6.2B | $5.1B | ||
| Q2 25 | $5.7B | $4.5B | ||
| Q1 25 | $4.8B | $4.0B | ||
| Q4 24 | $4.3B | $3.8B | ||
| Q3 24 | $4.0B | $4.9B | ||
| Q2 24 | $3.6B | $4.1B |
| Q1 26 | $943.3M | $950.0M | ||
| Q4 25 | $1.2B | $753.0M | ||
| Q3 25 | $1.2B | $1.6B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $737.8M | $730.0M | ||
| Q4 24 | $746.1M | $552.0M | ||
| Q3 24 | $604.4M | $1.1B | ||
| Q2 24 | $524.8M | $854.0M |
| Q1 26 | 36.7% | — | ||
| Q4 25 | 38.2% | 47.4% | ||
| Q3 25 | 38.1% | 51.8% | ||
| Q2 25 | 36.3% | 49.7% | ||
| Q1 25 | 34.2% | 48.0% | ||
| Q4 24 | 34.3% | 45.4% | ||
| Q3 24 | 33.6% | 51.1% | ||
| Q2 24 | 33.6% | 47.6% |
| Q1 26 | 24.0% | 26.1% | ||
| Q4 25 | 26.8% | 21.9% | ||
| Q3 25 | 27.5% | 33.1% | ||
| Q2 25 | 25.1% | 29.3% | ||
| Q1 25 | 21.3% | 23.6% | ||
| Q4 24 | 22.1% | 16.6% | ||
| Q3 24 | 20.3% | 33.4% | ||
| Q2 24 | 19.4% | 26.7% |
| Q1 26 | 12.4% | 21.3% | ||
| Q4 25 | 18.6% | 17.7% | ||
| Q3 25 | 20.1% | 30.6% | ||
| Q2 25 | 19.3% | 26.7% | ||
| Q1 25 | 15.3% | 18.3% | ||
| Q4 24 | 17.3% | 14.7% | ||
| Q3 24 | 15.0% | 22.7% | ||
| Q2 24 | 14.5% | 20.8% |
| Q1 26 | $0.72 | $3.48 | ||
| Q4 25 | $0.93 | $2.76 | ||
| Q3 25 | $0.97 | $5.74 | ||
| Q2 25 | $0.86 | $4.41 | ||
| Q1 25 | $0.58 | $2.70 | ||
| Q4 24 | $0.16 | $2.27 | ||
| Q3 24 | $0.48 | $4.21 | ||
| Q2 24 | $0.41 | $3.11 |
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 | $512.0M |
| Total DebtLower is stronger | $18.7B | $21.1B |
| Stockholders' EquityBook value | $14.1B | $10.0B |
| Total Assets | $42.1B | $42.0B |
| Debt / EquityLower = less leverage | 1.33× | 2.11× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $4.6B | $512.0M | ||
| Q4 25 | $11.4B | $825.0M | ||
| Q3 25 | $3.9B | $432.0M | ||
| Q2 25 | $3.2B | $735.0M | ||
| Q1 25 | $1.7B | $386.0M | ||
| Q4 24 | $3.3B | $388.0M | ||
| Q3 24 | $1.6B | $418.0M | ||
| Q2 24 | $1.3B | $391.0M |
| Q1 26 | $18.7B | $21.1B | ||
| Q4 25 | $14.6B | $18.2B | ||
| Q3 25 | $7.1B | $17.2B | ||
| Q2 25 | $7.1B | $17.6B | ||
| Q1 25 | $6.8B | $18.0B | ||
| Q4 24 | $6.5B | $18.5B | ||
| Q3 24 | $5.1B | $19.0B | ||
| Q2 24 | $5.0B | $19.8B |
| Q1 26 | $14.1B | $10.0B | ||
| Q4 25 | $13.4B | $10.0B | ||
| Q3 25 | $12.5B | $10.1B | ||
| Q2 25 | $11.5B | $9.2B | ||
| Q1 25 | $10.3B | $8.0B | ||
| Q4 24 | $9.8B | $7.6B | ||
| Q3 24 | $9.5B | $7.0B | ||
| Q2 24 | $9.0B | $6.0B |
| Q1 26 | $42.1B | $42.0B | ||
| Q4 25 | $36.2B | $41.6B | ||
| Q3 25 | $27.1B | $40.1B | ||
| Q2 25 | $25.7B | $38.5B | ||
| Q1 25 | $22.9B | $37.5B | ||
| Q4 24 | $21.4B | $37.1B | ||
| Q3 24 | $19.6B | $37.1B | ||
| Q2 24 | $18.6B | $37.0B |
| Q1 26 | 1.33× | 2.11× | ||
| Q4 25 | 1.09× | 1.81× | ||
| Q3 25 | 0.57× | 1.70× | ||
| Q2 25 | 0.62× | 1.92× | ||
| Q1 25 | 0.66× | 2.26× | ||
| Q4 24 | 0.66× | 2.44× | ||
| Q3 24 | 0.54× | 2.69× | ||
| Q2 24 | 0.56× | 3.29× |
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 | $1.8B |
| Free Cash FlowOCF − Capex | $831.2M | — |
| FCF MarginFCF / Revenue | 10.9% | — |
| Capex IntensityCapex / Revenue | 3.8% | — |
| Cash ConversionOCF / Net Profit | 1.19× | 1.93× |
| TTM Free Cash FlowTrailing 4 quarters | $4.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.1B | $1.8B | ||
| Q4 25 | $1.7B | $1.6B | ||
| Q3 25 | $1.5B | $1.5B | ||
| Q2 25 | $1.4B | $1.7B | ||
| Q1 25 | $764.9M | $1.6B | ||
| Q4 24 | $847.1M | $1.5B | ||
| Q3 24 | $704.0M | $897.0M | ||
| Q2 24 | $664.1M | $1.6B |
| Q1 26 | $831.2M | — | ||
| Q4 25 | $1.5B | $116.0M | ||
| Q3 25 | $1.2B | $-989.0M | ||
| Q2 25 | $1.1B | $910.0M | ||
| Q1 25 | $576.3M | $1.2B | ||
| Q4 24 | $647.3M | $915.0M | ||
| Q3 24 | $474.0M | $563.0M | ||
| Q2 24 | $522.8M | $-567.0M |
| Q1 26 | 10.9% | — | ||
| Q4 25 | 22.8% | 2.7% | ||
| Q3 25 | 19.6% | -19.2% | ||
| Q2 25 | 19.8% | 20.1% | ||
| Q1 25 | 12.0% | 30.0% | ||
| Q4 24 | 15.0% | 24.3% | ||
| Q3 24 | 11.7% | 11.5% | ||
| Q2 24 | 14.5% | -13.8% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | 3.9% | 35.4% | ||
| Q3 25 | 4.2% | 47.8% | ||
| Q2 25 | 5.3% | 18.4% | ||
| Q1 25 | 3.9% | 10.7% | ||
| Q4 24 | 4.6% | 14.7% | ||
| Q3 24 | 5.7% | 6.8% | ||
| Q2 24 | 3.9% | 52.1% |
| Q1 26 | 1.19× | 1.93× | ||
| Q4 25 | 1.44× | 2.16× | ||
| Q3 25 | 1.18× | 0.93× | ||
| Q2 25 | 1.30× | 1.44× | ||
| Q1 25 | 1.04× | 2.23× | ||
| Q4 24 | 1.14× | 2.66× | ||
| Q3 24 | 1.16× | 0.81× | ||
| Q2 24 | 1.27× | 1.84× |
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% |
RCL
| Passenger ticket revenues | $3.0B | 68% |
| Onboard and other revenues | $1.4B | 32% |
