Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Revenue | $8,599 | $10,876 | $12,623 | $12,555 | $15,223 |
Gross Profit | $2,664 | $3,402 | $4,028 | $4,084 | $5,140 |
Operating Income | $1,638 | $2,105 | $2,586 | $2,560 | $3,157 |
Net Income | $1,203 | $1,591 | $1,902 | $1,928 | $2,424 |
Edwyn
Over the five-year period, Amphenol Corporation has demonstrated solid revenue and profitability growth. Revenue increased from $8.6 billion in 2020 to $15.2 billion in 2024, representing robust expansion, particularly notable with over 26% year-over-year growth from 2020 to 2021. Gross profit grew consistently during this period—from $2.66 billion in 2020 to $5.14 billion in 2024—mirroring the revenue trend and suggesting efficient cost management relative to sales. Operating income and net income followed a similar pattern, with operating income rising from $1.64 billion to $3.16 billion and net income nearly doubling from $1.20 billion to $2.42 billion. These metrics indicate that the company has successfully scaled up both its top line and bottom line while likely preserving or even enhancing its profitability margins. One area of relative concern was the slight dip in revenue from $12.62 billion in 2022 to $12.55 billion in 2023, although this minor decline did not have a pronounced impact on gross profit or net income, which continued their upward trends. Such a minor fluctuation could be attributed to temporary market adjustments or shifts in demand—a phenomenon not uncommon in the highly cyclical industrial and electronics sector in which Amphenol operates. Overall, the company’s financial health appears robust and sustainable, with consistent improvements in profitability and operational efficiency. These data-driven trends, in the absence of dramatic year-over-year swings (>20%), underline a strong performance trajectory in a competitive industry, suggesting resilience and effective management execution over the evaluated period.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.