Amphenol Corporation (APH) vs International Business Machines Corporation (IBM)
A side-by-side comparison of Amphenol Corporation and International Business Machines Corporation across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.
APH
Amphenol Corporation
$77.65TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT
IBM
International Business Machines Corporation
$248.37TechnologyDelayed quote: Sep 15, 2026, 4:00 PM EDT
Total return — APH vs IBM
growth of $100 · dividends reinvested · last 10yAPH +1102.4% (+28.2%/yr)IBM +141.0% (+9.2%/yr)APH compounded faster over this window
APH IBM
APH vs IBM: by the numbers
- •IBM is the larger company ($234.00B vs $191.48B market cap).
- •IBM trades at the lower trailing earnings multiple (21.98 vs 38.83 P/E), one valuation lens rather than an overall verdict.
- •APH converts more revenue to profit (17.76% vs 15.52% net margin).
- •APH grew revenue faster over the past five years (24.30% vs 1.13% CAGR).
- •IBM pays the higher dividend yield (2.77% vs 0.94%).
Metrics side by side
Valuation
| Metric | APH | IBM |
|---|---|---|
| P/E ratio | 38.83 | 21.98 |
| Forward P/E | 29.40 | 20.17 |
| P/S ratio | 6.60 | 3.39 |
| P/B ratio | 12.36 | 6.79 |
| EV / EBITDA | 22.02 | 16.65 |
| FCF yield | 2.46% | 5.83% |
Profitability
| Metric | APH | IBM |
|---|---|---|
| Gross margin | 38.50% | 58.43% |
| Operating margin | 27.19% | 17.86% |
| Net margin | 17.76% | 15.52% |
| ROE | 33.27% | 31.13% |
| ROIC | 15.10% | 10.12% |
Dividends
| Metric | APH | IBM |
|---|---|---|
| Dividend yield | 0.94% | 2.77% |
| Payout ratio | 39.50% | 59.65% |
Growth (annualized)
| Metric | APH | IBM |
|---|---|---|
| Revenue CAGR (5Y) | 24.30% | 1.13% |
| EPS CAGR (5Y) | 28.30% | 12.59% |
| FCF CAGR (5Y) | 31.12% | -1.28% |
| Total return CAGR (5Y) | 36.35% | 17.62% |
Frequently asked
- Which has the lower trailing P/E, APH or IBM?
- IBM has the lower trailing P/E: APH trades at 38.83 and IBM at 21.98. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, APH or IBM?
- Over the past five years, APH grew revenue faster — APH at a 24.30% CAGR versus IBM at 1.13%.
- Does APH or IBM pay a bigger dividend?
- APH yields 0.94% and IBM yields 2.77% based on trailing dividends and the latest price.
- Is APH or IBM more profitable?
- APH runs the higher net margin — APH at 17.76% versus IBM at 15.52%.
- How have APH and IBM total returns compared?
- Over the past 10 years, APH delivered 28.40% and IBM delivered 9.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Amphenol P/E ratioInternational Business Machines P/E ratioAmphenol dividend yieldInternational Business Machines dividend yieldAmphenol ROEInternational Business Machines ROEAmphenol operating marginInternational Business Machines operating marginAmphenol revenue growthInternational Business Machines revenue growthAmphenol free cash flowInternational Business Machines free cash flow
Amphenol & International Business Machines appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.