Amphenol Q4 2021 Earnings Report
Key Takeaways
Amphenol Corporation reported record fourth quarter sales of $3.027 billion, a 25% increase year-over-year, and record GAAP diluted EPS of $0.72, up 26% compared to the prior year. Adjusted Diluted EPS was $0.70, a 23% increase year-over-year. The company faced inflationary pressures and supply chain disruptions but still achieved strong growth across various markets.
Record sales of $3.027 billion, up 25% in U.S. dollars and 18% organically compared to Q4 2020
Record GAAP diluted EPS of $0.72, up 26% compared to prior year
Record Adjusted Diluted EPS of $0.70, up 23% compared to prior year
Record Operating and Free Cash Flow of $464 million and $379 million
Amphenol
Amphenol
Amphenol Revenue by Segment
Forward Guidance
For the first quarter of 2022, Amphenol expects sales to be in the range of $2.690 billion to $2.750 billion, representing 13% to 16% growth over the first quarter of 2021, and Adjusted Diluted EPS in the range of $0.59 to $0.61, representing 13% to 17% growth over the first quarter of 2021.
Positive Outlook
- Sales to be in the range of $2.690 billion to $2.750 billion
- Sales representing 13% to 16% growth over the first quarter of 2021
- Adjusted Diluted EPS in the range of $0.59 to $0.61
- Adjusted Diluted EPS representing 13% to 17% growth over the first quarter of 2021
- Company's superior performance in 2021 has created a platform of strength
Challenges Ahead
- The current market environment remains highly uncertain
- Continued supply chain challenges
- Inflationary challenges
- Potential new disruptions from the recent resurgence of Covid-19
- Assuming conditions do not meaningfully worsen and assuming constant exchange rates
Revenue & Expenses
Visualization of income flow from segment revenue to net income