Amphenol (APH) FY2022 results: revenue $12.6 billion, up 16.1% on the year
Amphenol Corp. (APH) reported revenue of $12.6 billion for fiscal 2022, the year ended 31 December 2022, up 16.1% on the year before. Net income was $1.9 billion, up 19.6%, and diluted earnings per share $0.77. The figures are the company's own, from the 10-K it filed with the SEC on 8 February 2023.
Revenue
$12.6 billion
+16.1% on the year
FY2015FY2022
Operating margin
20.5%
19.4% a year earlier
FY2015FY2022
Net income
$1.9 billion
+19.6% on the year
FY2015FY2022
Diluted EPS
$0.77
+20.5% on the year
FY2015FY2022
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Operating cash flow
2,175
1,540
1,592
+41.2%
Capital expenditure
384
360
277
+6.5%
Free cash flow
1,791
1,180
1,315
+51.8%
Free cash flow margin
14.2%
10.8%
15.3%
Cash from investing
-731
-1,888
-334
Cash from financing
-1,197
-145
-517
Depreciation and amortisation
393
396
308
-0.7%
Share-based compensation
89.5
83.0
70.5
+7.8%
Buybacks
730
662
641
+10.4%
Dividends paid
477
347
298
+37.7%
Dividend per share
$0.20
$0.16
$0.13
+27.5%
Diluted shares, weighted
2,484m
2,502m
2,460m
-0.7%
Shares outstanding at period end
2,379m
2,396m
2,394m
-0.7%
Balance sheet
$ million
FY2022
FY2021
FY2020
On the year
Last 8 years
Shareholders' equity
7,016
6,302
5,385
+11.3%
Non-controlling interest
57.9
58.1
67.0
-0.3%
Redeemable equity
20.6
19.0
0.0
+8.4%
Debt
4,575
4,796
3,866
-4.6%
Operating lease liabilities
208
180
161
+15.6%
Other liabilities
3,449
3,323
2,848
+3.8%
Total liabilities and equity
15,326
14,678
12,327
+4.4%
Fixed assets
1,204
1,175
1,055
+2.5%
Goodwill
6,446
6,377
5,032
+1.1%
Intangible assets
734
757
398
-3.0%
Investments
61.1
44.3
36.1
+37.9%
Cash and equivalents
1,373
1,197
1,702
+14.7%
Receivables
2,631
2,455
1,952
+7.2%
Inventory
2,094
1,894
1,462
+10.5%
Other assets
783
779
691
+0.4%
Total assets
15,326
14,678
12,327
+4.4%
10-K for the year ended 31 December 2022, filed 8 February 2023: the filing.