This article proposes a new electric–mechanical–hydraulic power coupler (EMHPC). The EMHPC is integrated by a swash plate axial piston pump and permanent magnet synchronous motor, which can realize the conversion of electric, mechanical, and hydraulic energy. To analyze the noise characteristics of the EMHPC, the mathematical models of fluid noise and electromagnetic noise are established, respectively. An optimization model is built based on Isight, and the multi‐island genetic algorithm is used to optimize the triangular groove structure. The optimization results show that the sound pressure level of sound field monitoring points decreases at different frequencies, and the vibration displacement of the cylinder block decreases. The maximum sound pressure level of the directivity curve of the radiated sound field decreases by 9 dB. For the electrodynamic structure optimization of the EMHPC, this article establishes a combination approximation model with higher accuracy. The structure of the stator and rotor is optimized based on the combined approximate model. The optimization results show that the sinusoidal property of the radial air‐gap magnetic density curve is better after optimization, and the harmonic amplitude of the radial electromagnetic force decreases. The maximum sound pressure level in the air domain of the external sound field is reduced from 69 to 60 dB. Moreover, the superposition analysis of fluid noise and electromagnetic noise is carried out, and the main noise sources of the EMHPC in different working modes are determined.