Amphenol (APH) Gross Margin (2009 - 2026)
Amphenol (APH) posted Gross Margin of 40.51% for Q2 2026, up 4.17 percentage points from 36.34% a year earlier and up 3.76 percentage points from the prior quarter.
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Analysis
Amphenol (APH) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Amphenol was 38.50%, up 3.77 percentage points year-over-year; for FY2025, it was 36.88%, up 3.12 percentage points from FY2024.
- Annual Gross Margin has increased for five consecutive years, with a five-year change of +5.90 percentage points (FY2020 to FY2025).
- In prior years, Amphenol's Gross Margin was 33.76% in FY2024 (+1.23 pp), 32.53% in FY2023 (+0.62 pp), 31.91% in FY2022 (+0.63 pp) and 31.28% in FY2021 (+0.30 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q1 2009.
- On a year-over-year basis, Gross Margin has increased in each of the last 18 quarters, with an average year-over-year change of +2.58 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2025, with a gain of 4.49 percentage points; the weakest was Q4 2021, with a drop of 0.46 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 36.75% (Q1 2026), 38.22% (Q4 2025) and 38.09% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 380.10 Bn | 351.79 Bn | 7.76 Bn | 37.78% |
| 2 | Amphenol | 208.03 Bn | 202.73 Bn | 3.55 Bn | 40.51% |
| 3 | Deere | 183.47 Bn | 192.23 Bn | 4.66 Bn | 36.94% |
| 4 | Eaton | 168.26 Bn | 165.49 Bn | 2.86 Bn | 33.47% |
| 5 | Parker-Hannifin | 122.34 Bn | 120.47 Bn | 2.25 Bn | 39.04% |
| 6 | Vertiv Holdings | 95.63 Bn | 86.25 Bn | 1.23 Bn | 37.71% |
| 7 | Emerson Electric | 87.72 Bn | 80.47 Bn | 2.66 Bn | 54.48% |
| 8 | 3M | 86.87 Bn | 68.33 Bn | 2.68 Bn | 41.28% |
| 9 | Illinois Tool Works | 76.08 Bn | 72.64 Bn | 1.90 Bn | 44.13% |
| 10 | Cummins | 71.78 Bn | 68.92 Bn | 2.47 Bn | 26.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 40.51% |
| Mar 31, 2026 | 36.75% |
| Dec 31, 2025 | 38.22% |
| Sep 30, 2025 | 38.09% |
| Jun 30, 2025 | 36.34% |
| Mar 31, 2025 | 34.17% |
| Dec 31, 2024 | 34.29% |
| Sep 30, 2024 | 33.60% |
| Jun 30, 2024 | 33.61% |
| Mar 31, 2024 | 33.44% |
| Dec 31, 2023 | 33.07% |
| Sep 30, 2023 | 32.77% |
| Jun 30, 2023 | 32.47% |
| Mar 31, 2023 | 31.72% |
| Dec 31, 2022 | 32.03% |
| Sep 30, 2022 | 32.17% |
| Jun 30, 2022 | 32.01% |
| Mar 31, 2022 | 31.39% |
| Dec 31, 2021 | 31.10% |
| Sep 30, 2021 | 31.57% |
API Access
Amphenol Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=APH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "APH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=APH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();