Amphenol vs TTM Technologies
Amphenol is the larger business, with $23.09bn of revenue in fiscal 2025 against $2.91bn for TTM Technologies (7.9 times as much). Amphenol grew faster (51.7% against 19.0%). Amphenol kept more of each dollar of sales as profit: a net margin of 18.5% against 6.1%. TTM Technologies carries less debt relative to equity (52.4% against 115.6%).
| Latest fiscal year | AmphenolAPH, 2025 | TTM TechnologiesTTMI, 2025 |
|---|---|---|
| Revenue | $23.09bn | $2.91bn |
| Revenue growth | 51.7% | 19.0% |
| Net income | $4.27bn | $177m |
| Operating margin | 25.4% | 9.1% |
| Net margin | 18.5% | 6.1% |
| Return on equity | 36.8% | 10.7% |
| Free cash flow | $4.38bn | −$683,000 |
| Cash | $11.13bn | $501m |
| Total debt | $15.50bn | $924m |
| Debt to equity | 115.6% | 52.4% |
| Dividend per share | $0.74 | — |
| Dividend yield | 0.6% | — |
| Share buybacks | $665m | $17.9m |
| Employees | 170,000 | 18,200 |
| Market value | $215.67bn | $8.66bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | 73 (Strong) | 44 (Weak) |
| Insider trades, 12 months | 1 buys, 20 sales | 2 buys, 255 sales |