Amphenol Corporation (APH)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 6,259,300 | 3,742,600 | 4,182,300 | 5,005,800 | 4,031,200 |
| Total stockholders’ equity | US$ in thousands | 9,792,000 | 8,346,500 | 7,015,600 | 6,302,000 | 5,384,900 |
| Debt-to-equity ratio | 0.64 | 0.45 | 0.60 | 0.79 | 0.75 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $6,259,300K ÷ $9,792,000K
= 0.64
The debt-to-equity ratio of Amphenol Corporation has exhibited some fluctuation over the years. Starting at 0.75 in 2020, the ratio increased slightly to 0.79 in 2021 before decreasing to 0.60 in 2022. There was a significant drop in 2023 to 0.45, indicating a lower level of debt relative to equity. However, by 2024, the ratio increased to 0.64, suggesting a moderate rise in the company's debt compared to equity. Overall, the trend in the debt-to-equity ratio of Amphenol Corporation shows some variations, but the company has maintained a relatively stable level of leverage in its capital structure.