Amphenol Corporation reported record financial results for both the fourth quarter and full year of 2024, highlighting robust growth across key markets and successful acquisitions. Fourth-quarter sales reached $4.3 billion, a 30% increase year-over-year, driven by strong organic growth in IT datacom, mobile networks, and defense markets. GAAP diluted earnings per share (EPS) rose 44% to $0.59, while adjusted diluted EPS grew 34% to $0.55. Operating and free cash flows were $847 million and $648 million, respectively, with a record adjusted operating margin of 22.4%.

For the full year 2024, sales reached $15.2 billion, reflecting a 21% increase, with GAAP diluted EPS up 24% to $1.92 and adjusted diluted EPS up 25% to $1.89. The company also achieved an adjusted operating margin of 21.7%. Strategic acquisitions of Carlisle Interconnect Technologies and Luetze contributed to this growth, along with organic innovations. Amphenol returned $1.3 billion to shareholders through dividends and share buybacks.

For Q1 2025, the company forecasts sales between $4.00 billion and $4.10 billion, representing a 23%-26% increase, with adjusted diluted EPS expected to range from $0.49 to $0.51. CEO R. Adam Norwitt emphasized Amphenol's strong position in the expanding electronics market, citing innovation and geographic diversification as critical drivers of long-term shareholder value.