Edwyn
| 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 |
Over the five-year period from 2020 to 2024, Amphenol Corporation’s income statement shows strong growth with several noteworthy swings. Revenue increased from USD 8,598.9 million in 2020 to USD 15,222.7 million in 2024. The most significant year-over-year increases occurred in 2021, where revenue grew by approximately 26.5%, and again in 2024 with around a 21% gain, while 2023 experienced only a minimal decline. Gross profit followed a similar trend, rising from USD 2,664.1 million in 2020 to USD 5,139.7 million in 2024, with modest improvements in gross margins from about 31% to nearly 34%. Operating income and net income also displayed consistent positive trends, with operating income increasing from USD 1,638.4 million to USD 3,156.9 million and net income nearly doubling from USD 1,203.4 million to USD 2,424 million over the five years. A slight operational contraction in 2023, where operating income dipped marginally compared to 2022, stands out as one notable anomaly amidst an overall upward trajectory. Overall, these metrics suggest that Amphenol Corporation has maintained robust financial health and sustainability. The strong revenue growth, healthy expanding margins, and proportional increases in operating and net income reflect effective cost management and market performance. Given Amphenol’s position in the highly competitive electronic components industry—characterized by steady demand from automotive, aerospace, industrial, and communications sectors—the company appears well-positioned to capitalize on market opportunities, while the data-driven trends underline its resilience and sustainable performance over the analyzed 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.