Amphenol Corporation – Company Information

Amphenol Corporation is one of the world’s leading electronics products manufacturer, based in Wallingford, Connecticut, USA.

It is publicly listed on the New York Stock Exchange (NYSE) under the stock ticker symbol ‘APH’.

The company produces electrical, electronic and fiber optic connectors, coaxial and flat-ribbon cable, and interconnect systems.

Amphenol was founded by Arthur Schmitt in 1932. His first products were tube sockets for radio tubes (valveholder bases). It quickly became the leading manufacturer of connectors used in military hardware.

Its primary end markets are military-aerospace, automotive, information technology, industrial, wireless infrastructure, broadband, and health care.

It has operations in over 60 locations around the world and a team of more than 50,700 employees.

Overview

Amphenol logo

  • President and CEO: R. Adam Norwitt
  • Chairman: Martin H. Loeffler
  • Industry: Electronics
  • Type: Public
  • Listed on the New York Stock Exchange (NYSE)
  • NYSE stock symbol: APH
  • S&P 500 Component
  • Founded: 1932
  • Founder: Arthur Schmitt
  • Net sales: $5.345 billion USD (2014)
  • Net income: $715.2 million USD (2014)
  • Diluted earnings per share: $2.26 USD (2014)
  • Company head office: 358 Hall Avenue, Wallingford, CT, USA 06492
  • Employees: 50,700 (2014)
  • Website: http://www.amphenol.com/
  • HQ contact number: 203-265-8900

Amphenol Corporation Financial Results, Years Ended December 31

Operating data (in $ millions) 2014 2013
Net sales $5,345.5 $4,614.7
Cost of sales $3,651.7 $3,163.9
Gross profit $1,693.8 $1,450.8
Acquisition-related expenses $14.1 $6.0
Selling, general and administrative expense $645.1 $548.0
Operating income $1,034.6 $896.8
Income before income taxes $972.5 $846.6
Provision for income taxes $(257.3) $(207.9)
Net income $715.2 $638.7
Net income attributable to Amphenol Corporation $709.1 $635.7
Balance sheet data (in $ millions)
Total assets $7,027.0 $6,168.0
Long-term debt $2,672.3 $1,431.4
Total shareholders’ equity attributable to Amphenol Corporation $2,907.4 $2,859.5
Common share data (in $)
Basic earnings per share $2.26 $2.00
Diluted earnings per share $2.21 $2.00
Cash flow data (in $ millions)
Net cash provided by operating activities $880.9 $769.1
Net cash (used for) investing activities $(781.9) $(693.3)
Net cash provided by (used for) financing activities $14.1 $108.5
Cash and cash equivalents at beginning of year $886.8 $690.8
Cash and cash equivalents at end of year $968.9 $886.8

Source: “Amphenol Corporation Form 10-K 2014”