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Dec 31, 2024

Amphenol Q4 2024 Earnings Report

Amphenol reported record Q4 2024 results, with sales up 30% and GAAP diluted EPS up 44% compared to the prior year.

Key Takeaways

Amphenol Corporation reported record fourth-quarter results for 2024. Sales reached $4.3 billion, a 30% increase year-over-year, while GAAP diluted EPS increased by 44% to $0.59. The company's performance was driven by organic growth in several markets and contributions from its acquisition program.

Sales of $4.3 billion, up 30% in U.S. dollars and 20% organically compared to Q4 2023

GAAP Diluted EPS of $0.59, up 44% compared to prior year

Adjusted Diluted EPS of $0.55, up 34% compared to prior year

Operating and Free Cash Flow of $847 million and $648 million, respectively

Total Revenue
$4.32B
Previous year: $3.33B
+29.7%
EPS
$0.55
Previous year: $0.41
+34.1%
Gross Profit
$1.48B
Previous year: $1.1B
+34.6%
Cash and Equivalents
$3.32B
Previous year: $1.66B
+99.8%
Free Cash Flow
$648M
Previous year: $737M
-12.1%
Total Assets
$21.4B
Previous year: $16.5B
+29.7%

Amphenol

Amphenol

Forward Guidance

For the first quarter of 2025, Amphenol expects sales to be in the range of $4.00 billion to $4.10 billion, representing a 23% to 26% increase over the prior year quarter. Adjusted Diluted EPS is expected to be in the range of $0.49 to $0.51, representing a 23% to 28% increase from the first quarter of 2024. This guidance does not include the impact of acquisitions that have not yet closed.

Positive Outlook

  • Sales to be in the range of $4.00 billion to $4.10 billion
  • Sales representing a 23% to 26% increase over the prior year quarter
  • Adjusted Diluted EPS is expected to be in the range of $0.49 to $0.51
  • Adjusted Diluted EPS representing a 23% to 28% increase from the first quarter of 2024
  • Guidance does not include the impact of acquisitions that have not yet closed.