Amphenol Corporation — Earnings Quality Grade C
APH · Technology
Some red flags
Screening Summary
Financial Trends
Revenue & Net Income ($B)
Margins (%)
18-Point Screening
Revenue Quality
DSO 75 days, change -4 days YoY
AR growth 43.5% vs revenue growth 51.7%
Revenue 51.7%, CFFO 91.0%. Cash follows revenue
Expense Quality
Inventory 34.5% vs COGS 44.6%. Normal
CapEx growth 49.8% vs revenue 51.7%. Normal
SG&A/Gross Profit = 29.9%, excellent (<30%)
Gross margin 36.9%, change +3.1pp. Stable
Cash Flow Quality
CFFO/NI = 1.26. Profits backed by cash
FCF $4.4B, FCF/NI = 1.03
Accruals ratio = -3.0%. Low accruals
Cash $11.4B covers 74% of debt $15.5B
Balance Sheet Health
Goodwill+Intangibles $12.8B = 96% of equity. Over 50%
Debt/EBITDA = 2.2x. Healthy
Other assets 45.8% vs revenue 51.7%. Normal
No write-off data
Acquisition Risk
FCF after acquisitions positive
Goodwill+Intangibles surged 35% YoY
Manipulation Score
M-Score = -2.40 (< -2.22). Unlikely manipulator
Beneish M-Score
Altman Z-Score
Generated from public financial data using forensic accounting frameworks. Not investment advice. Data: Yahoo Finance · 2026-04-10