AMPHENOL CORP DE

For the period ended Dec 31, 2023. Filed Feb 7, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 7, 2024

APH$79.95-0.9%Stored close · as of Nov 10, 2026

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Contents

Consolidated Statements of Income


· · Year Ended December 31, ·
· 2023 · 2022 · 2021
Net sales	$12,554.7	$12,623.0	$10,876.3
Cost of sales	8,470.6	8,594.8	7,474.5
Gross profit	4,084.1	4,028.2	3,401.8
Acquisition-related expenses	34.6	21.5	70.4
Selling, general and administrative expenses	1,489.9	1,420.9	1,226.3
Operating income	2,559.6	2,585.8	2,105.1

Interest expense	(139.5)	(128.4)	(115.5)
Gain on bargain purchase acquisition	5.4	—	—
Other income (expense), net	29.3	10.0	(0.4)
Income from continuing operations before income taxes	2,454.8	2,467.4	1,989.2
Provision for income taxes	(509.3)	(550.6)	(409.1)
Net income from continuing operations	1,945.5	1,916.8	1,580.1
Less: Net income from continuing operations attributable to noncontrolling interests	(17.5)	(14.5)	(10.7)
Net income from continuing operations attributable to Amphenol Corporation	1,928.0	1,902.3	1,569.4
Income from discontinued operations attributable to Amphenol Corporation, net of income taxes of ($3.2) for 2021	—	—	21.4
Net income attributable to Amphenol Corporation	$1,928.0	$1,902.3	$1,590.8

Net income per common share attributable to Amphenol Corporation — Basic:
Continuing operations	$3.23	$3.19	$2.62
Discontinued operations, net of income taxes	—	—	0.04
Net income attributable to Amphenol Corporation — Basic	$3.23	$3.19	$2.66

Weighted average common shares outstanding — Basic	596.5	596.2	597.9

Net income per common share attributable to Amphenol Corporation — Diluted:
Continuing operations	$3.11	$3.06	$2.51
Discontinued operations, net of income taxes	—	—	0.03
Net income attributable to Amphenol Corporation — Diluted	$3.11	$3.06	$2.54

Weighted average common shares outstanding — Diluted	620.6	621.0	625.5

Dividends declared per common share	$0.85	$0.81	$0.635

Note: Per share amounts may not add due to rounding.

ContentsView on SEC.gov

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