Question 1

What is Amphenol's P/FCF ratio?

Accepted Answer

Amphenol (APH) P/FCF ratio is 43.9× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Amphenol?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Amphenol specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is Amphenol's P/FCF ratio high or low?

Accepted Answer

Amphenol's P/FCF ratio of 43.9× is above its own 5-year average of 33.3× and above the sector median of 21.8×. That places the current reading at the 78th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Amphenol's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Amphenol (APH) P/FCF ratio has ranged from a low of 10.5× in 2002 to a high of 61.0× in 2025. The 5-year average is 33.3× and the 5-year median is 34.3×.

Question 7

What was Amphenol's P/FCF ratio in 2025?

Accepted Answer

Amphenol (APH) P/FCF ratio at the end of 2025 was 37.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Amphenol's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$166B	$4.38B	37.8×	-1.1×	Dec 31, 2025
2024	$83.6B	$2.15B	38.9×	+11.4×	Dec 31, 2024
2023	$59.3B	$2.16B	27.5×	+2.2×	Dec 31, 2023
2022	$45.3B	$1.79B	25.3×	-19.1×	Dec 31, 2022
2021	$52.3B	$1.18B	44.3×	+14.6×	Dec 31, 2021
2020	$39.1B	$1.32B	29.8×	+3.1×	Dec 31, 2020
2019	$32.2B	$1.21B	26.6×	-3.6×	Dec 31, 2019
2018	$24.3B	$802M	30.3×	+1.1×	Dec 31, 2018
2017	$26.8B	$918M	29.2×	+5.8×	Dec 31, 2017
2016	$20.7B	$887M	23.4×	+4.6×	Dec 31, 2016
2015	$16.1B	$858M	18.8×	-6.1×	Dec 31, 2015
2014	$16.7B	$672M	24.8×	+1.7×	Dec 31, 2014
2013	$14.1B	$611M	23.1×	+4.1×	Dec 31, 2013
2012	$10.4B	$546M	19.0×	+3.0×	Dec 31, 2012
2011	$7.45B	$465M	16.0×	-13.2×	Dec 31, 2011
2010	$9.22B	$315M	29.2×	+15.1×	Dec 31, 2010
2009	$7.96B	$563M	14.1×	+3.0×	Dec 31, 2009
2008	$4.17B	$373M	11.2×	-18.0×	Dec 31, 2008
2007	$8.29B	$284M	29.2×	+2.4×	Dec 31, 2007
2006	$5.55B	$207M	26.8×	+3.9×	Dec 31, 2006
2005	$3.95B	$173M	22.9×	+3.1×	Dec 31, 2005
2004	$3.24B	$164M	19.8×	-1.9×	Dec 31, 2004
2003	$2.8B	$129M	21.7×	+7.3×	Dec 31, 2003
2002	$1.62B	$113M	14.4×	—	Dec 31, 2002


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Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
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QUALCOMM (QCOM)	10.8×
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Workday (WDAY)	10.5×
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Qorvo (QRVO)	10.4×
Adobe (ADBE)	9.8×
Accenture (ACN)	9.6×
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Fidelity National Information Services (FIS)	8.7×
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Fiserv (FISV)	7.2×
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Hewlett Packard Enterprise (HPE)	6.8×
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IBM (IBM)	0.0×

P/FCF Ratio for Amphenol (APH) 2002-2026

P/FCF Ratio daily chart for Amphenol (APH)

Historical P/FCF Ratio for Amphenol (APH) from 2002 to 2025

About P/FCF Ratio at Amphenol (APH)

Amphenol P/FCF Ratio by Year

Amphenol P/FCF Ratio 2025: 37.8×

Amphenol P/FCF Ratio 2024: 38.9×

Amphenol P/FCF Ratio 2023: 27.5×

Amphenol P/FCF Ratio 2022: 25.3×

Amphenol P/FCF Ratio 2021: 44.3×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Amphenol (APH) Key Financials