Amphenol Corporation (APH) vs International Business Machines Corporation (IBM)

IBM leads on 9 of 16 compared metrics.

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 June 17, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Compare

Total return — APH vs IBM

growth of $100 · last 30y
APH +41754.3%IBM +1006.3%APH compounded faster
Log scale — wide-divergence pair
101001k10k100kStart $100200120062011201620212026$41,854$1,106
APH IBM

APH vs IBM: by the numbers

  • IBM is the larger company ($254.53B vs $200.63B market cap).
  • IBM trades at the lower earnings multiple (23.94 vs 45.64 P/E).
  • APH converts more revenue to profit (17.28% vs 15.61% net margin).
  • APH grew revenue faster over the past five years (23.24% vs -0.09% CAGR).
  • IBM pays the higher dividend yield (2.49% vs 0.42%).

Which is better, APH or IBM?

Metric tally: APH 7 · IBM 9

It depends on what you're optimizing for:

ValueIBM(lower P/E)
GrowthAPH(faster 5Y revenue CAGR)
IncomeIBM(higher dividend yield)
QualityAPH(higher ROIC)

Metrics side by side

Valuation

MetricAPHIBM
P/E ratio45.6423.94
Forward P/E33.4220.22
P/S ratio7.913.74
P/B ratio14.657.82
PEG ratio0.520.35
EV / EBITDA27.5917.97
FCF yield2.26%5.08%

Profitability

MetricAPHIBM
Gross margin37.35%58.97%
Operating margin26.00%16.36%
Net margin17.28%15.61%
ROE32.02%32.61%
ROIC15.12%8.57%

Dividends

MetricAPHIBM
Dividend yield0.42%2.49%
Payout ratio18.95%59.24%

Growth (annualized)

MetricAPHIBM
Revenue CAGR (5Y)23.24%-0.09%
EPS CAGR (5Y)28.30%12.59%
FCF CAGR (5Y)30.28%-3.35%
Total return CAGR (5Y)37.97%18.47%

Frequently asked

Which is better, APH or IBM?
It depends on your goal. value: IBM (lower P/E); growth: APH (faster 5Y revenue CAGR); income: IBM (higher dividend yield); quality: APH (higher ROIC). Across all compared metrics, IBM leads 9 to 7.
Is APH or IBM cheaper?
On trailing earnings, IBM is cheaper: APH trades at a 45.64 P/E and IBM at 23.94.
Which has grown faster, APH or IBM?
Over the past five years, APH grew revenue faster — APH at a 23.24% CAGR versus IBM at -0.09%.
Does APH or IBM pay a bigger dividend?
APH yields 0.42% and IBM yields 2.49% based on trailing dividends and the latest price.
Is APH or IBM more profitable?
APH runs the higher net margin — APH at 17.28% versus IBM at 15.61%.
Which has been the better investment, APH or IBM?
Over the past 10-year, APH delivered the higher annualized total return — APH at 28.41% versus IBM at 11.05%. Past performance doesn't predict future results.

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 June 17, 2026.