MetaCap

Amphenol (APH) vs Flex (FLEX)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Flex (FLEX) has outperformed Amphenol (APH) over the past year, gaining 108.5% versus a gain of 40.6%. Over five years, FLEX leads with a +731.7% price change compared with +354.4% for APH. Amphenol is the larger company by market cap ($212.49 billion vs $42.96 billion), about 4.9 times the size.

On valuation, Flex trades at a lower forward P/E (16.5x vs 26.0x for Amphenol). Amphenol pays a dividend yielding 0.53%, while Flex does not currently pay one. Amphenol converts more of its revenue into profit, with a net margin of 18.5% versus 3.2%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

APH+40.61%FLEX+108.45%
+192%+89%-14%
Oct 7, 20251 yearOct 7, 2026
APH+362.37%FLEX+745.06%
+1026%+476%-74%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

APH versus FLEX key metrics
MetricAPHFLEX
Share price$86.17$116.29
Market cap$212.49B$42.96B
1-day change-1.58%-2.56%
YTD return+29.57%+97.52%
1-year return+40.61%+108.45%
5-year return+354.39%+731.74%
P/E ratio (TTM)43.0944.90
Forward P/E25.9816.48
EPS (TTM)$2.00$2.59
Dividend yield0.53%0.00%
Annual dividend$0.458$0.00
Revenue (latest FY)$23.09B$27.91B
Revenue growth (YoY)+51.71%+8.14%
Net income (latest FY)$4.27B$880.00M
Gross margin36.88%9.20%
Operating margin25.41%4.90%
Net margin18.49%3.15%
52-week high$89.93$166.86
52-week low$59.01$53.07
Distance from 52-week high-4.18%-30.31%
Analyst consensusstrong_buystrong_buy
Avg. price target upside+17.55%+38.02%
Average volume12.35M3.63M
Shares outstanding2.47B369.46M
Employees170,000149,686
SectorTechnologyTechnology
IndustryElectrical ProductsElectrical Products

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Amphenol is about 4.9 times larger than Flex by market value ($212.49B vs $42.96B).
  • FLEX has outperformed APH by 67.8 percentage points over the past year.
  • Amphenol is more profitable, keeping 18.5 cents of every revenue dollar as net income versus 3.2 cents for Flex.
  • Amphenol grew revenue faster in its latest fiscal year (+51.71% vs +8.14%).

About Amphenol

APH stock →

Amphenol Corporation, together with its subsidiaries, designs, manufactures, and markets electrical, electronic, and fiber optic connectors in the United States, China, and internationally. It operates through three segments: Communications Solutions, Harsh Environment Solutions, and Interconnect and Sensor Systems.

Technology · Electrical Products · 170,000 employees

About Flex

FLEX stock →

Flex Ltd. provides technology innovation, supply chain, and manufacturing solutions to data center, communications, enterprise, consumer, automotive, healthcare, industrial, and power industries in the Americas, Asia, and Europe.

Technology · Electrical Products · 149,686 employees

APH vs FLEX FAQ

Which is bigger, Amphenol or Flex?

Amphenol (APH) is larger, with a market capitalization of $212.49B compared with $42.96B for Flex (FLEX).

Which stock has performed better over the past year, APH or FLEX?

FLEX returned +108.45% over the past 12 months, compared with +40.61% for APH (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, APH or FLEX?

APH has the lower trailing P/E at 43.1, versus 44.9 for FLEX. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Amphenol or Flex?

Amphenol pays a dividend yielding 0.53%, while Flex does not currently pay a regular dividend.

Are Amphenol and Flex in the same industry?

Yes. Both are classified in the Electrical Products industry within the Technology sector.

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