APH vs GE vs HEI Stock Comparison

Amphenol, General Electric and Heico Prices as of Oct 28, 2026 Peers: Industry group
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APH Amphenol Corp /De/
$80.98 -4.3% 1M -41.0% 1Y
Market cap
$202.84B
P/E
34.2x
Revenue (TTM)
$33.05B
Div. yield
–
Electrical Equipment Industrials
3 wins
GE General Electric Co
$301.37 -5.3% 1M -2.7% 1Y
Market cap
$323.63B
P/E
35.6x
Revenue (TTM)
$52.58B
Div. yield
0.01%
Commercial Aerospace Industrials
5 wins
HEI Heico Corp
$310.92 +2.1% 1M -0.5% 1Y
Market cap
$45.63B
P/E
53.8x
Revenue (TTM)
$5.18B
Div. yield
0.00%
Commercial Aerospace Industrials
4 wins

Head to Head

12 decided of 12

General Electric leads on 5 of the 12 questions below (General Electric 5, Heico 4, Amphenol 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPHGEHEILeader
Larger companyMarket capitalisation $202.84B $323.63B $45.63B GE
Cheaper on earningsLower P/E, profitable companies only 34.2x 35.6x 53.8x APH
Cheaper on forward earningsLower price / next fiscal year consensus EPS 31.0x 39.7x 51.1x APH
Faster revenue growthRevenue growth, trailing twelve months +57.6% +19.6% +20.7% APH
More profitableNet margin, trailing twelve months — 17.3% 16.4% GE
Better return on capitalReturn on invested capital — -38.7% 13.5% HEI
Less leveragedLower net debt / EBITDA — -0.7x 1.6x GE
Higher dividend yieldTrailing dividend yield 0.00% 0.01% 0.00% GE
Better 1-year returnPrice return, last 12 months -41.0% -2.7% -0.5% HEI
Better 5-year returnAnnualised price return, 5 years +16.1%/yr +35.8%/yr +17.4%/yr GE
Less volatileAnnualised volatility, 1 year 85.6% 33.2% 32.4% HEI
Higher overall scoreMean of the five percentile scores vs peers 48/100 45/100 66/100 HEI

Percentile Scorecard

APHGEHEI

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPHGEHEI
Valuation 15 #173 of 203 32 #68 of 100 34 #66 of 100
Growth 97 #7 of 188 33 #65 of 97 80 #20 of 97
Profitability 78 #42 of 184 57 #42 of 96 94 #7 of 96
Financial Health 26 #161 of 217 18 #86 of 105 59 #44 of 105
Shareholder Returns 23 #118 of 153 84 #11 of 65 64 #24 of 65
Overall 48 45 66
  • APH ranked among 222 companies in Machinery
  • GE ranked among 107 companies in Aerospace and Defense
  • HEI ranked among 107 companies in Aerospace and Defense

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPHGEHEISPY
1 month -4.3%-5.3%+2.1% +0.9%
3 months -46.1%-14.1%-12.5% +5.9%
6 months -45.4%+6.3%+19.1% +8.5%
Year to date -40.1%-2.2%-3.9% +13.3%
1 year -41.0%-2.7%-0.5% +12.4%
3 years +104.2%+255.1%+97.6% +88.1%
3 years, per year +26.9%+52.6%+25.5% +23.5%
5 years +111.0%+361.2%+123.1% +68.2%
5 years, per year +16.1%+35.8%+17.4% +11.0%
10 years +394.6%+115.2%+800.7% +263.4%
10 years, per year +17.3%+8.0%+24.6% +13.8%

Risk

MeasureAPHGEHEISPY
Volatility, 1Y 85.6%33.2%32.4% 12.7%
Downside volatility, 1Y 114.2%35.3%31.3% 12.7%
Beta vs S&P 500, 1Y 1.711.221.15 1.00
Return / volatility, 1Y -0.48-0.08-0.02 0.98
Max drawdown, 5Y -58.6%-45.1%-27.1% -25.4%
From 52-week high -54.1%-20.9%-17.0% -0.9%
52-week high $176.32$381.07$374.67 $779.14
52-week low $73.07$273.25$260.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPHGEHEI
P/E now vs peer median 33.6xmedian 25.4x 34.3xmedian 26.4x 51.2xmedian 26.4x
P/S now vs peer median 6.0xmedian 1.9x 5.9xmedian 3.0x 8.4xmedian 3.0x
EV/EBITDA now vs peer median —median 14.3x -21.0xmedian 14.5x 31.3xmedian 14.5x
P/FCF now vs peer median 44.1xmedian 21.8x 39.0xmedian 26.1x 42.2xmedian 26.1x
P/B now vs peer median 11.6xmedian 2.2x 17.5xmedian 2.5x 8.6xmedian 2.5x
PEG now vs peer median 0.77median 1.41 -119.97median 0.90 1.83median 0.90

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPHGEHEI
Revenue $33.05B $52.58B $5.18B
Gross profit $12.83B $18.52B $2.09B
Operating income $9.16B -$16.58B $1.24B
Net income $5.99B $9.13B $912.35M
Free cash flow – $7.99B $1.03B
R&D – $1.81B –
EPS (diluted) $2.30 $8.74 $6.00
Cash & equivalents $4.17B $8.76B $240.96M
Total debt – $19.33B $2.54B
Shares (diluted) 2.58B 1.04B 141.27M
Enterprise value $196.37B $282.15B $44.70B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPHGEHEI
P/E 33.6x 34.3x 51.2x
P/FCF 44.1x 39.0x 42.2x
P/Operating cash flow 30.8x 33.0x 39.1x
P/S 6.0x 5.9x 8.4x
P/B 11.6x 17.5x 8.6x
P/Tangible book 16.8x 22.7x 13.4x
EV/EBITDA – -21.0x 31.3x
EV/EBIT – -19.4x 36.7x
EV/Revenue 5.9x 6.1x 8.8x
EV/FCF – 40.3x 44.4x
EV/Operating cash flow 30.0x 34.2x 41.2x
PEG (3Y EPS CAGR) 0.77 -119.97 1.83

Growth

14 metrics
MetricAPHGEHEI
Revenue growth (1Y) 57.6% 19.6% 20.7%
Revenue CAGR (3Y) 38.4% 7.2% 25.1%
Gross profit growth (1Y) 70.2% 11.7% 23.4%
Gross profit CAGR (3Y) 47.2% 10.9% 26.7%
Operating income growth (1Y) 79.6% 13.2% 29.8%
Operating income CAGR (3Y) 53.4% -98.5% 28.8%
Net income growth (1Y) 55.4% 13.2% 31.5%
Net income CAGR (3Y) 45.7% -3.4% 27.4%
EPS growth (1Y) 54.5% 15.5% 31.8%
EPS CAGR (3Y) 43.9% -0.3% 27.9%
Operating cash flow growth (1Y) 44.0% 21.4% 31.6%
Operating cash flow CAGR (3Y) 39.4% 6.3% 35.7%
Free cash flow growth (1Y) – 20.1% 31.7%
Free cash flow CAGR (3Y) – 2.7% 36.8%

Profitability

14 metrics
MetricAPHGEHEI
Gross margin – 35.2% 40.4%
EBITDA margin – -29.1% 28.2%
Operating margin – -31.5% 24.0%
Pretax margin – 20.3% 21.6%
Net margin – 17.3% 16.4%
FCF margin – 15.2% 19.9%
Operating cash flow margin 19.6% 17.9% 21.5%
Return on equity 36.4% 51.2% 18.5%
Return on assets 13.0% 7.2% 9.3%
Return on invested capital – -38.7% 13.5%
Return on capital employed – -19.5% 14.2%
Asset turnover 0.7x 0.4x 0.5x
Cash conversion (OCF / net income) 1.1x 1.0x 1.2x
Stock comp / revenue 0.5% – 1.0%

Financial Health

11 metrics
MetricAPHGEHEI
Debt / assets – 15.2% 25.6%
Debt / equity – 1.1x 0.5x
Net debt / EBITDA – -0.7x 1.6x
Debt / FCF – 2.4x 2.5x
Liabilities / assets 63.3% 86.0% 49.4%
Equity / assets 36.7% 14.0% 50.6%
Interest coverage – -17.9x 9.4x
Current ratio 1.9x 1.0x 2.7x
Quick ratio 0.5x 0.6x 1.0x
Cash ratio 0.5x 0.2x 0.2x
Altman Z-score – 2.70 7.04

Shareholder Returns

7 metrics
MetricAPHGEHEI
Dividend yield 0.5% 0.6% 0.1%
Net buyback yield – 2.7% 0.0%
Shareholder yield 0.5% 3.3% 0.1%
Payout ratio (earnings) – 19.1% 3.8%
Payout ratio (FCF) – 21.8% 3.4%
Dividend growth (1Y) – 26.6% 9.1%
Dividend CAGR (3Y) – 36.5% 8.4%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPHGEHEI
Forward P/E 31.0xFY2026 39.7xFY2026 51.1xFY2026
EPS, next fiscal year $2.61FY2026 $7.59FY2026 $6.08FY2026
EPS growth, next FY +56.3%FY2026 +19.2%FY2026 +24.1%FY2026
EPS growth, the year after +35.6% +28.1% +20.6%
Revenue, next fiscal year $33.34BFY2026 $54.10BFY2026 $5.68BFY2026
Revenue growth, next FY +44.4%FY2026 +27.8%FY2026 +26.6%FY2026
Revenue growth, the year after +33.4% +11.8% +10.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPHGEHEI
Held by institutions 96.0% 79.4% 78.3%
Institutions holding 2,330 3,443 772
Change in shares held, QoQ +2.6% +1.5% +7.4%
Institutions buying 1,360 1,830 371
Institutions selling 773 1,149 267
Buyers to sellers 1.76 1.59 1.39

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APHGEHEI
APH 1.00 0.19 0.20
GE 0.19 1.00 0.63
HEI 0.20 0.63 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, APH, GE and HEI?

General Electric (GE) is the largest by market capitalisation: Amphenol (APH) $202.84B, General Electric (GE) $323.63B, Heico (HEI) $45.63B.

Which stock is cheaper, APH, GE and HEI?

Amphenol (APH) trades on the lowest price-to-earnings ratio (Amphenol (APH) 34.2x, General Electric (GE) 35.6x, Heico (HEI) 53.8x). On next year's consensus earnings, Amphenol (APH) is cheapest (Amphenol (APH) 31.0x, General Electric (GE) 39.7x, Heico (HEI) 51.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Amphenol (APH) grew revenue fastest over the trailing twelve months: Amphenol (APH) +57.6%, General Electric (GE) +19.6%, Heico (HEI) +20.7%.

Which company is more profitable?

General Electric (GE) has the highest net margin (General Electric (GE) 17.3%, Heico (HEI) 16.4%). On return on invested capital, Heico (HEI) leads (General Electric (GE) -38.7%, Heico (HEI) 13.5%).

Which stock has performed better?

Over the past year Heico (HEI) returned the most: Amphenol (APH) -41.0%, General Electric (GE) -2.7%, Heico (HEI) -0.5%. Over five years, General Electric (GE) compounded fastest (Amphenol (APH) +16.1%/yr, General Electric (GE) +35.8%/yr, Heico (HEI) +17.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

General Electric (GE) has the highest dividend yield: Amphenol (APH) 0.00%, General Electric (GE) 0.01%, Heico (HEI) 0.00%. Amphenol (APH) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Heico (HEI) has been the steadiest (Amphenol (APH) 85.6%, General Electric (GE) 33.2%, Heico (HEI) 32.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APH, GE and HEI?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, General Electric (GE) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.