Amphenol (APH) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-12-31, filed 2026-02-11. 22 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

1new since FY2024
5reworded
1removed
16unchanged

Headings mentioning a theme: Tariffs 0 · AI 0 · Cybersecurity 1 · China 0 · Interest rates 0. Compare across the S&P 500.

RISKS RELATED TO OUR GLOBAL OPERATIONS

8
  1. The Company is exposed to political, economic, military and other risks related to operating in countries outside the United States, and changes in general economic conditions, geopolitical conditions, U.S. and other countries’ trade policies and other factors beyond the Company’s control may adversely impact its business and operating results.
  2. credit risks and other challenges in collecting accounts receivable; and changes in assumptions, such as discount rates, along with lower than expected investment returns and performance related to the Company’s benefit plans.
  3. The Company and certain of its suppliers and customers have experienced, and may in the future experience, difficulties obtaining certain raw materials and components, and the cost of certain of the Company’s raw materials and components may increase.
  4. Cybersecurity incidents affecting our information technology systems could disrupt business operations or cause the release of highly sensitive confidential or personal information, resulting in adverse impacts to our reputation and operating results and potentially leading to litigation and/or governmental investigations, fines and other penalties.Cybersecurity
  5. The Company may be negatively impacted by extreme weather conditions and natural catastrophic events, including those caused or intensified by climate change.reworded
  6. Our international operations require us to comply with anti-corruption laws and regulations of the U.S. government and various foreign jurisdictions, and our business reputation and financial results may be impaired by improper conduct by any of our employees, customers, suppliers, distributors or any other business partners.
  7. The Company’s results can be positively or negatively affected by changes in foreign currency exchange rates.
  8. The Company is dependent on attracting, recruiting, hiring and retaining skilled employees, including our various management teams.

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RISKS RELATED TO OUR END MARKETS

2
  1. The Company encounters competition in all areas of our business.
  2. The Company is dependent on end market dynamics to sell its products, and some of the Company’s end markets are subject to cyclical and at times rapid periods of reduced demand.

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RISKS RELATED TO ACQUISITIONS

2
  1. The Company has at times experienced difficulties and unanticipated expenses in connection with purchasing and integrating newly acquired businesses.
  2. The Company may in the future incur goodwill and other intangible asset impairment charges.

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RISKS RELATED TO OUR LIQUIDITY AND CAPITAL RESOURCES

3
  1. The Company’s credit agreements and senior notes contain certain requirements, which if breached, could have a material adverse effect on the Company.reworded
  2. 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 and financial condition.new
  3. The Company relies on the global capital markets, and an inability to access those markets on favorable terms could adversely affect the Company’s results.

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RISKS RELATED TO LEGAL AND REGULATORY MATTERS

7
  1. Our business and financial results may be adversely affected by government contracting risks.
  2. The Company must comply with complex export and import controls as well as economic sanctions and trade embargoes imposed by the U.S. government and other countries.reworded
  3. Changes in fiscal and tax policies as well as audits and examinations by taxing authorities could impact the Company’s results.reworded
  4. We may experience difficulties in enforcing our intellectual property rights, which could result in loss of market share, and we may be subject to claims of infringement of the intellectual property rights of others.
  5. The Company is subject to customer claims, litigation and other regulatory or legal proceedings.
  6. The Company is subject to environmental laws and regulations that could adversely affect our business.
  7. 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.reworded

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No longer in Item 1A

1

Headings in the FY2024 10-K with no match this year.

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

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.