Amphenol's End Market Breadth and Cost Management Provide a Long Runway for Sustainable Growth

Amphenol is a leading designer and manufacturer of interconnect systems and sensors for a plethora of applications, benefitting from trends toward efficiency, connectivity, higher speed data, and electrical complexity. Amphenol competes against myriad competitors in the fragmented electrical component industry, but its broad array of end markets allows it to grow the top line even in the midst of an individual market downturn. The firm’s unique ability to effect cost controls gives it the highest operating margins of its peer group, and allows it to quickly bring its numerous acquisitions up to firmwide profitability.