← AMPHENOL CORP /DE/
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | |||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | |||||||||||
| Net Income (Loss) Attributable to Parent | $822.9m | $650.5m | $1.2b | $1.2b | $1.2b | $1.6b | $1.9b | $1.9b | $2.4b | $4.3b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $832.6m | $650.5m | $1.2b | $1.2b | $1.2b | — | $1.9b | $1.9b | $2.4b | $4.3b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $1.6b | $1.9b | $1.9b | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $1.6b | $1.9b | $1.9b | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $21.4m | $0 | $0 | — | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $9.7m | $10.2m | $11.9m | $9.0m | $9.9m | — | — | — | $17.6m | $35.0m | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $832.6m | $660.7m | $1.2b | $1.2b | $1.2b | $1.6b | $1.9b | $1.9b | $2.4b | $4.3b | |
| Amortization of Intangible Assets | $54.6m | $48.6m | $46.9m | $67.3m | $49.6m | $86.4m | $81.0m | $86.0m | $154.7m | $192.0m | |
| Depreciation | $217.0m | $226.8m | $299.7m | $240.0m | $252.7m | $302.9m | $306.1m | $313.7m | $390.6m | $640.1m | |
| Depreciation, Depletion and Amortization | $217.0m | $226.8m | $299.7m | $312.1m | $308.1m | $395.6m | $392.9m | $406.4m | $572.5m | $922.4m | |
| Deferred Income Tax Expense (Benefit) | ($29.9m) | $186.3m | ($12.0m) | $15.2m | $30.8m | ($29.6m) | ($4.7m) | ($58.8m) | ($82.8m) | ($65.6m) | |
| Deferred income tax benefit | ($29.9m) | $186.3m | ($12.0m) | $15.2m | $30.8m | ($29.6m) | ($4.7m) | ($58.8m) | ($82.8m) | ($65.6m) | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Impairment of Intangible Assets (Excluding Goodwill) | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | |
| Share-based Payment Arrangement, Expense | $47.6m | $49.7m | $55.6m | $63.0m | $70.5m | $83.0m | $89.5m | $99.0m | $109.5m | — | |
| Share-based Payment Arrangement, Noncash Expense | $47.6m | $49.7m | $55.6m | $63.0m | $70.5m | $83.0m | $89.5m | $99.0m | $109.5m | $135.4m | |
| Gain (Loss) on Extinguishment of Debt | — | — | — | ($14.3m) | $0 | $0 | — | — | — | — | |
| Income Tax Expense (Benefit) | $308.5m | $691.7m | $371.5m | $331.9m | $313.3m | $409.1m | $550.6m | $509.3m | $570.3m | $1.3b | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $217.0m | $367.8m | |
| Other Nonoperating Income (Expense) | $8.5m | $17.1m | $3.2m | $8.6m | $3.6m | ($400k) | $10.0m | $29.3m | $72.0m | $99.9m | |
| Changes in operating assets and liabilities: | |||||||||||
| Additional Financial Items | |||||||||||
| Accounts payable | $47.8m | $140.5m | $48.8m | ($60.2m) | $204.3m | $131.7m | $62.5m | ($34.6m) | $423.1m | $554.1m | |
| Accounts receivable, net | ($165.9m) | ($146.5m) | ($237.9m) | $117.3m | ($146.3m) | ($398.4m) | ($273.1m) | $146.4m | ($586.8m) | ($964.4m) | |
| Accrued income taxes | $91.7m | $11.2m | ($9.7m) | ($91.7m) | ($54.8m) | ($6.9m) | $77.6m | $7.7m | $3.1m | $276.9m | |
| Accrued pension and postretirement benefits | $2.5m | $5.0m | ($76.6m) | $7.2m | $9.4m | $5.8m | ($400k) | ($300k) | ($2.4m) | $100k | |
| Acquisitions, net of cash acquired | ($1.3b) | ($265.5m) | ($158.9m) | ($937.4m) | ($50.4m) | ($2.2b) | ($288.2m) | ($970.4m) | ($2.2b) | ($3.8b) | |
| Borrowings (repayments) under commercial paper programs, net | $183.2m | $154.1m | ($544.6m) | ($229.0m) | ($385.8m) | $796.3m | ($159.3m) | ($632.6m) | $0 | $0 | |
| Gain on bargain purchase acquisition | — | — | — | — | — | $0 | $0 | ($5.4m) | $0 | $0 | |
| Goodwill | $3.7b | $4.0b | $4.1b | $4.9b | $5.0b | $6.4b | $6.4b | $7.1b | $8.2b | $10.6b | |
| Income taxes, net | $246.8m | $325.2m | $393.2m | $408.3m | $337.3m | $445.6m | $477.7m | $560.4m | $650.0m | $1.1b | |
| Increase (Decrease) in Accounts Payable | $47.8m | $140.5m | $48.8m | ($60.2m) | $204.3m | $131.7m | $62.5m | ($34.6m) | $423.1m | $554.1m | |
| Increase (Decrease) in Accounts Receivable | $165.9m | $146.5m | $237.9m | ($117.3m) | $146.3m | $398.4m | $273.1m | ($146.4m) | $586.8m | $964.4m | |
| Increase (Decrease) in Inventories | $14.2m | $100.4m | $173.3m | $3.4m | $102.0m | $263.0m | $278.5m | ($71.4m) | $200.1m | $487.4m | |
| Interest | $68.5m | $84.3m | $94.2m | $116.6m | $104.8m | $111.9m | $123.7m | $129.2m | $179.5m | $288.1m | |
| Inventories | ($14.2m) | ($100.4m) | ($173.3m) | ($3.4m) | ($102.0m) | ($263.0m) | ($278.5m) | $71.4m | ($200.1m) | ($487.4m) | |
| Investment Income, Interest | $11.5m | $20.2m | — | — | — | — | — | — | — | — | |
| Other accrued liabilities | $61.9m | $13.0m | $57.4m | ($37.6m) | $148.5m | $60.4m | $168.7m | ($7.0m) | $257.0m | $739.2m | |
| Other long-term assets and liabilities | ($28.2m) | ($173.8m) | ($8.5m) | $8.1m | ($1.2m) | ($14.6m) | ($26.4m) | ($7.5m) | ($13.2m) | $109.4m | |
| Other, net | — | — | $0 | $0 | ($600k) | ($13.7m) | $16.5m | $4.9m | $1.4m | $500k | |
| Payment of deferred purchase price related to acquisitions | — | — | $0 | $0 | ($16.2m) | ($4.1m) | $0 | ($1.5m) | $0 | $0 | |
| Payments of Financing Costs | $3.0m | $5.2m | $5.6m | $14.9m | $8.7m | $9.3m | $400k | $2.3m | $28.4m | $89.1m | |
| Prepaid expenses and other current assets | $29.9m | ($75.9m) | ($47.7m) | ($6.0m) | ($88.6m) | ($20.2m) | $49.7m | ($34.1m) | ($106.8m) | ($150.7m) | |
| Proceeds from Stock Options Exercised | $147.2m | $184.1m | $130.7m | $246.1m | $385.7m | $288.5m | $185.3m | $394.5m | $447.4m | $553.0m | |
| Proceeds from exercise of stock options | $147.2m | $184.1m | $130.7m | $246.1m | $385.7m | $288.5m | $185.3m | $394.5m | $447.4m | $553.0m | |
| Purchase of treasury stock | ($325.8m) | ($618.0m) | ($935.2m) | ($601.7m) | ($641.3m) | ($661.7m) | ($730.5m) | ($585.1m) | ($689.3m) | ($665.2m) | |
| Stock-based compensation expense | $47.6m | $49.7m | $55.6m | $63.0m | $70.5m | $83.0m | $89.5m | $99.0m | $109.5m | $135.4m | |
| Treasury lock settlement | — | — | — | — | — | — | — | $0 | $0 | ($88.0m) | |
| Net Cash Provided by (Used in) Operating Activities | $1.1b | $1.1b | $1.1b | $1.5b | $1.6b | $1.5b | $2.2b | $2.5b | $2.8b | $5.4b | |
| Cash flows from investing activities: | |||||||||||
| Payments to Acquire Property, Plant, and Equipment | $190.8m | $226.6m | $310.6m | $295.0m | $276.8m | $360.4m | $383.8m | $372.8m | $665.4m | $996.6m | |
| Proceeds from disposals of property, plant and equipment | $7.1m | $4.1m | $5.0m | $7.4m | $12.7m | $3.7m | $5.6m | $4.0m | $7.8m | $14.8m | |
| Payments to Acquire Businesses, Net of Cash Acquired | $1.3b | $265.5m | $158.9m | $937.4m | $50.4m | $2.2b | $288.2m | $970.4m | $2.2b | $3.8b | |
| Payments to Acquire Investments | — | — | — | — | — | — | $309.4m | $305.7m | $26.2m | $309.3m | |
| Purchases of investments | — | — | — | — | ($141.6m) | ($164.5m) | ($309.4m) | ($305.7m) | ($26.2m) | ($309.3m) | |
| Sales and maturities of investments | — | — | — | — | $123.2m | $155.9m | $228.2m | $246.3m | $189.7m | $27.6m | |
| Payments for (Proceeds from) Other Investing Activities | — | — | — | — | $600k | $13.7m | ($16.5m) | ($4.9m) | ($1.9m) | $0 | |
| Net Cash Provided by (Used in) Investing Activities | ($1.6b) | ($380.2m) | ($441.8m) | ($1.2b) | ($333.5m) | ($1.9b) | ($731.1m) | ($1.4b) | ($2.6b) | ($5.1b) | |
| Cash flows from financing activities: | |||||||||||
| Proceeds from issuance of senior notes and other long-term debt | — | $749.3m | $571.7m | $1.4b | $942.3m | $752.1m | $5.8m | $354.9m | $3.0b | $8.9b | |
| Payment of costs related to debt financing | ($3.0m) | ($5.2m) | ($5.6m) | ($14.9m) | ($8.7m) | ($9.3m) | ($400k) | ($2.3m) | ($28.4m) | ($89.1m) | |
| Repayments of Long-term Debt | — | $375.0m | $15.2m | $1.1b | $404.4m | $912.6m | $10.3m | $15.7m | $364.4m | $401.7m | |
| Repayments of senior notes and other long-term debt | — | ($375.0m) | ($15.2m) | ($1.1b) | ($404.4m) | ($912.6m) | ($10.3m) | ($15.7m) | ($364.4m) | ($401.7m) | |
| Payments for Repurchase of Common Stock | $325.8m | $618.0m | $935.2m | $601.7m | $641.3m | $661.7m | $730.5m | $585.1m | $689.3m | $665.2m | |
| Payments of Ordinary Dividends, Common Stock | $172.7m | $205.0m | $253.7m | $279.5m | $297.6m | $346.7m | $477.4m | $500.6m | $595.1m | $802.2m | |
| Distributions to and purchases of noncontrolling interests | ($6.8m) | ($24.4m) | ($18.2m) | ($43.3m) | ($14.9m) | ($18.9m) | ($9.9m) | ($24.0m) | ($33.0m) | ($5.8m) | |
| Dividend payments | ($172.7m) | ($205.0m) | ($253.7m) | ($279.5m) | ($297.6m) | ($346.7m) | ($477.4m) | ($500.6m) | ($595.1m) | ($802.2m) | |
| Dividends Payable, Current | $49.3m | $58.1m | $68.7m | $74.4m | $86.8m | $119.8m | $124.9m | $131.7m | $199.5m | $306.7m | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | — | — | — | — | — | $1.4m | $500k | |
| Net Cash Provided by (Used in) Financing Activities | ($133.5m) | ($140.1m) | ($1.1b) | ($648.4m) | ($516.6m) | ($145.2m) | ($1.2b) | ($1.0b) | $1.7b | $7.4b | |
| Effect of exchange rate changes on cash and cash equivalents | ($34.0m) | $60.6m | ($40.6m) | ($13.2m) | $68.9m | ($12.3m) | ($70.8m) | ($20.7m) | ($54.0m) | $97.8m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | ($34.0m) | $60.6m | ($439.8m) | ($388.1m) | $810.8m | ($504.9m) | $176.0m | $101.9m | $1.8b | $7.8b | |
| Net increase in cash and cash equivalents | ($702.6m) | $684.5m | ($439.8m) | ($388.1m) | $810.8m | ($504.9m) | $176.0m | $101.9m | $1.8b | $7.8b | |
| Cash and cash equivalents balance, beginning of year | $1.7b | $1.0b | $1.3b | $891.2m | $1.7b | $1.2b | $1.2b | $1.4b | $3.3b | $11.1b | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $1.3b | $891.2m | $1.7b | $1.2b | — | — | $3.3b | $11.1b | |
| Cash, Cash Equivalents, and Short-term Investments | $1.2b | $1.8b | $1.3b | $908.6m | $1.7b | $1.2b | $1.4b | $1.7b | $3.3b | $11.4b | |
| Supplemental disclosure of cash flow information: | |||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | $84.3m | $94.2m | $116.6m | $104.8m | $111.9m | $123.7m | $129.2m | $179.5m | $288.1m | |
| Income Taxes Paid, Net | $246.8m | $325.2m | $393.2m | $408.3m | $337.3m | $445.6m | $477.7m | $560.4m | $650.0m | $1.1b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.