Amphenol (APH) Financial History

Financing a portion of the consideration of the CommScope acquisition resulted in a significant increase in the Company’s debt.

In addition to the requirement to comply with these enacted laws and regulations and other potential mandatory requirements, any future regulatory changes in any of the jurisdictions in which we operate, in addition t…

In recent years, both U.S.

The Company is subject to, and may continue to be subject to, incremental costs, risks and regulations associated with efforts to combat the negative effects of climate change and other sustainability matters.

The Company operates in both the United States and various foreign jurisdictions, and we must comply with locally enacted laws and regulations addressing health, safety and environmental matters in such jurisdictions…

We rely on patent and trade secret laws, copyright, trademark, confidentiality procedures, controls and contractual commitments to protect our intellectual property rights.

On August 16, 2022, the Inflation Reduction Act of 2022 (the “IRA”), a tax and spending package that introduced several tax-related provisions, including a 15% corporate alternative minimum tax (“CAMT”) on certain lar…

Changes in fiscal and tax policies as well as audits and examinations by taxing authorities could impact the Company’s results.

The Company must comply with complex export and import controls as well as economic sanctions and trade embargoes imposed by the U.S.

We, as well as some of our customers, are subject to various laws and regulations applicable to parties doing business with the U.S.

The Company has used the global capital markets to raise capital to invest in its business and make strategic acquisitions.

The Company is subject to interest rate volatility with regard to existing and future issuances of debt.

In addition to the Revolving Credit Facility and the Delayed Draw Term Loans, the Company’s various senior notes, some of which were issued during 2025, also impose certain obligations on the Company and prohibit vari…

The Company’s credit agreements and senior notes contain certain requirements, which if breached, could have a material adverse effect on the Company.

On December 31, 2025, the total assets of the Company were $36.2 billion, which included $10.6 billion of goodwill (the excess of fair value of consideration paid over the fair value of net identifiable assets of busi…

The Company has completed numerous acquisitions in recent years, including five in 2025 and two in 2024, some of which are large and complex.

The Company is dependent on end market dynamics to sell its products, and its operating results could be adversely affected by cyclical and at times rapid periods of reduced demand in any of its end markets.

The Company competes primarily on the basis of technology innovation, product quality and performance, price, customer service and delivery time.

Our performance is dependent on our ability to attract, recruit, hire and retain skilled personnel, including our various management teams.

The Company may be negatively impacted by extreme weather conditions and natural catastrophic events, including those caused or intensified by climate change.

We and our business partners maintain significant amounts of data electronically in locations around the world.

While we maintain a cybersecurity risk management program, there can be no assurance that it will eliminate all risk in protecting our information technology systems and confidential information.

We rely on both our own information technology systems and those provided by third-party vendors to support critical business operations.

The Company purchases a wide variety of raw materials for the manufacture of its products, including (i) precious metals such as gold, silver and palladium, (ii) aluminum, steel, copper, titanium and metal alloy produ…

●intergovernmental and other conflicts or actions, including, but not limited to, armed conflict, such as the ongoing military conflicts between Ukraine and Russia, trade wars, cyberattacks and acts of terrorism or war;

During the last few years, there have been significant changes to U.S.

and investors’ perceptions of the Company and their preferences for maintaining relationships with companies with lower emissions, all of which could harm our reputation in the marketplace.

The Company operates in both the United States and various foreign jurisdictions, and we must comply with locally enacted laws and regulations addressing health, safety and environmental matters in such jurisdictions…

tests.

The third amended and restated credit agreement governs our $3.0 billion unsecured revolving credit facility (the “Revolving Credit Facility”), which also backstops the Company’s U.S.

The regulatory environment surrounding information security and privacy is increasingly demanding, with frequent imposition of new and changing requirements.

In addition, global remote working dynamics continue to present additional risk that threat actors will engage in social engineering (for example, phishing) and exploit vulnerabilities in corporate and non-corporate n…

and manufacturing facilities around the world, as well as the facilities of our suppliers, customers and our customers’ contract manufacturers.

Any outbreaks of contagious diseases and other adverse public health developments in countries where we operate could have a material and adverse effect on our business, operations, financial condition, liquidity and…

We may be negatively impacted by adverse public health developments, including epidemics and pandemics.

workforce outside the United States.

The Company’s operations and performance depend significantly on global, regional and U.S.

On July 4, 2025, the U.S.

In 2025, certain of the Company’s subsidiaries based in China received notices from relevant tax authorities challenging certain of the Company’s tax positions taken over up to an eight-year period.

countries throughout the world.

Financing a portion of the consideration of the CommScope acquisition resulted in an increase in the Company’s debt and interest expense, which could adversely affect the Company’s results of operations, cash flows an…

The third amended and restated credit agreement governs our $3.0 billion unsecured revolving credit facility (the “Revolving Credit Facility”), which also backstops the Company’s U.S.

third - party insurance policies for pre-acquisition liabilities, breaches of representations, warranties or covenants or for other reasons provided for in the relevant acquisition agreement or insurance policy.

In the course of operating our business, we and certain of our third-party providers collect, maintain and process data about customers, employees, suppliers and others, including personally identifiable information.

The Company’s operations and performance depend significantly on global, regional and U.S.