TEL · Te Connectivity Ltd. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $17.26B | $15.85B | $16.03B | $16.28B | $14.92B | $12.17B |
| Cost of Revenue | $11.18B | $10.39B | $10.98B | $11.04B | $10.04B | $8.44B |
| Gross Profit | $6.08B | $5.46B | $5.05B | $5.24B | $4.89B | $3.73B |
| R&D | $699.00M | $621.00M | $593.00M | $610.00M | $612.00M | $539.00M |
| SG&A | $1.87B | $1.73B | $1.67B | $1.58B | $1.51B | $1.39B |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $838.00M | $826.00M | $794.00M | $785.00M | $769.00M | $711.00M |
| Operating Income | $3.21B | $2.80B | $2.30B | $2.76B | $2.43B | $537.00M |
| Interest Expense | $77.00M | $66.00M | $80.00M | $66.00M | $56.00M | $48.00M |
| Income Tax | $1.36B | ($397.00M) | $364.00M | $306.00M | $123.00M | $783.00M |
| Net Income | $1.84B | $3.19B | $1.91B | $2.43B | $2.26B | ($241.00M) |
| EPS - Basic | $6.20 | $10.40 | $6.06 | $7.52 | $6.85 | ($0.73) |
| EPS - Diluted | $6.16 | $10.33 | $6.03 | $7.47 | $6.79 | ($0.73) |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $1.25B | $1.32B | $1.66B | $1.09B | $1.20B | $945.00M |
| Accounts Receivable | $3.40B | $3.06B | $2.97B | $2.87B | $2.93B | $2.38B |
| Inventory | $2.70B | $2.52B | $2.55B | $2.68B | $2.51B | $1.95B |
| Accounts Payable | $2.02B | $1.73B | $1.56B | $1.59B | $1.91B | $1.28B |
| Current Assets | $7.97B | $7.63B | $7.89B | $7.27B | $7.26B | $5.78B |
| Total Assets | $25.08B | $22.85B | $21.71B | $20.78B | $21.46B | $19.24B |
| Current Liabilities | $5.12B | $4.75B | $4.46B | $4.63B | $4.66B | $3.69B |
| Long-term Debt | $4.84B | $3.33B | $3.53B | $3.29B | $3.59B | $3.45B |
| Total Liabilities | $12.35B | $10.37B | $10.06B | $9.88B | $10.71B | $9.75B |
| Stockholders' Equity | $12.59B | $12.36B | $11.55B | $10.80B | $10.63B | $9.38B |
| Retained Earnings | $13.93B | $14.53B | $12.95B | $12.83B | $11.71B | $10.35B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $4.14B | $3.48B | $3.13B | $2.47B | $2.68B | $1.99B |
| Investing Cash Flow | ($3.57B) | ($950.00M) | ($768.00M) | ($878.00M) | ($1.04B) | ($865.00M) |
| Financing Cash Flow | ($629.00M) | ($2.87B) | ($1.79B) | ($1.68B) | ($1.39B) | ($1.10B) |
| CapEx | $936.00M | $680.00M | $732.00M | $768.00M | $690.00M | $560.00M |
| Free Cash Flow | $3.20B | $2.80B | $2.40B | $1.70B | $1.99B | $1.43B |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 35.2% | 34.4% | 31.5% | 32.2% | 32.7% | 30.7% |
| Operating margin | 18.6% | 17.6% | 14.4% | 16.9% | 16.3% | 4.4% |
| EBITDA margin | 23.5% | 22.9% | 19.3% | 21.7% | 21.5% | 10.3% |
| Net margin | 10.7% | 20.2% | 11.9% | 14.9% | 15.2% | -2.0% |
| Free cash flow margin | 18.6% | 17.7% | 15.0% | 10.4% | 13.3% | 11.8% |
| FCF / Net income | 1.74 | 0.88 | 1.26 | 0.70 | 0.88 | -5.94 |
| R&D / Revenue | 4.0% | 3.9% | 3.7% | 3.7% | 4.1% | 4.4% |
| SG&A / Revenue | 10.8% | 10.9% | 10.4% | 9.7% | 10.1% | 11.4% |
| Effective tax rate | 42.5% | -14.2% | 16.0% | 11.2% | 5.2% | 144.5% |
| Return on assets | 7.3% | 14.0% | 8.8% | 11.7% | 10.5% | -1.3% |
| Return on equity | 14.6% | 25.8% | 16.5% | 22.5% | 21.3% | -2.6% |
| Return on invested capital | 10.6% | 17.8% | 12.8% | 17.4% | 16.2% | 2.1% |
| Liquidity | ||||||
| Current ratio | 1.56 | 1.61 | 1.77 | 1.57 | 1.56 | 1.57 |
| Quick ratio | 1.03 | 1.08 | 1.20 | 0.99 | 1.02 | 1.04 |
| Cash ratio | 0.25 | 0.28 | 0.37 | 0.23 | 0.26 | 0.26 |
| Leverage | ||||||
| Debt / Equity | 0.38 | 0.27 | 0.31 | 0.30 | 0.34 | 0.37 |
| Debt / Assets | 0.19 | 0.15 | 0.16 | 0.16 | 0.17 | 0.18 |
| Debt / EBITDA | 1.20 | 0.92 | 1.14 | 0.93 | 1.12 | 2.77 |
| Interest coverage | 41.7x | 42.4x | 28.8x | 41.8x | 43.5x | 11.2x |
| Equity multiplier | 1.99 | 1.85 | 1.88 | 1.92 | 2.02 | 2.05 |
| Liabilities / Assets | 0.49 | 0.45 | 0.46 | 0.48 | 0.50 | 0.51 |
| Efficiency | ||||||
| Asset turnover | 0.69 | 0.69 | 0.74 | 0.78 | 0.70 | 0.63 |
| Inventory turnover | 4.14 | 4.13 | 4.30 | 4.12 | 4.00 | 4.33 |
| Days sales outstanding | 72d | 70d | 68d | 64d | 72d | 71d |
| Days inventory outstanding | 88d | 88d | 85d | 88d | 91d | 84d |
| Days payable outstanding | 66d | 61d | 52d | 53d | 70d | 55d |
| Cash conversion cycle | 94d | 98d | 100d | 100d | 93d | 100d |
| Valuation | ||||||
| P / E | 35.6x | 14.6x | 20.5x | 14.8x | 21.2x | - |
| P / B | 5.2x | 3.8x | 3.4x | 3.3x | 4.5x | 3.4x |
| P / S | 3.8x | 2.9x | 2.4x | 2.2x | 3.2x | 2.6x |
| EV / EBITDA | 17.1x | 13.4x | 13.2x | 10.8x | 15.7x | 27.4x |
| Growth | ||||||
| Revenue growth (YoY) | 8.9% | -1.2% | -1.5% | 9.1% | 22.6% | -0.1% |
| Revenue CAGR (3y) | 2.0% | 2.0% | 9.6% | 10.1% | 2.2% | -2.5% |
| Revenue CAGR (5y) | 7.2% | 5.4% | 2.8% | 4.4% | 4.0% | -0.1% |
| Gross profit growth (YoY) | 11.4% | 7.9% | -3.6% | 7.3% | 30.8% | -15.0% |
| Operating income growth (YoY) | 14.8% | 21.4% | -16.4% | 13.2% | 353.3% | -72.9% |
| Net income growth (YoY) | -42.3% | 67.2% | -21.3% | 7.4% | - | - |
| EPS growth (YoY) | -40.4% | 71.3% | -19.3% | 10.0% | - | - |
| EPS CAGR (3y) | -6.2% | 15.0% | - | 11.3% | -2.3% | - |
| EPS CAGR (5y) | - | 13.8% | -3.7% | 9.7% | 4.5% | - |
| FCF growth (YoY) | 14.5% | 16.5% | 41.2% | -14.4% | 38.7% | -14.4% |
| FCF CAGR (5y) | 17.5% | 10.8% | 9.6% | 1.0% | 8.9% | 1.8% |
| Book value growth (YoY) | 1.9% | 7.0% | 6.9% | 1.6% | 13.3% | -11.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-09-26.
Business segments
$9.26B totalTransportation Solutions$7.05B · 76.2%
Industrial Solutions$2.21B · 23.8%
Geographic
$26.65B totalCN$4.61B · 17.3%
US$4.41B · 16.5%
Asia Pacific$4.12B · 15.5%
CH$3.86B · 14.5%
EMEA$3.28B · 12.3%
Americas$1.99B · 7.5%
Other Asia Pacific$1.94B · 7.3%
Other Europe Middle East Africa$1.69B · 6.3%
Other America$560.00M · 2.1%
DE$193.00M · 0.7%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.06
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
5/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✗Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Wholesale-Electronic Parts & Equipment, NEC
Comparing TE Connectivity Ltd. against the 5 most active filers in the same SIC group.
Dividends
$2.20/share trailing 12 months · -17.3% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.7800 |
| Feb 20, 2026 | $0.7100 |
| Aug 22, 2025 | $0.7100 |
| May 21, 2025 | $0.7100 |
| Feb 21, 2025 | $0.6500 |
| Nov 22, 2024 | $0.6500 |
| Aug 23, 2024 | $0.6500 |
| May 23, 2024 | $0.6500 |
| Feb 15, 2024 | $0.5900 |
| Nov 16, 2023 | $0.5900 |
| Aug 17, 2023 | $0.5900 |
| May 18, 2023 | $0.5900 |
| Feb 16, 2023 | $0.5600 |
| Nov 17, 2022 | $0.5600 |
| Aug 18, 2022 | $0.5600 |
| May 19, 2022 | $0.5600 |
| Feb 17, 2022 | $0.5000 |
| Nov 18, 2021 | $0.5000 |
| Aug 19, 2021 | $0.5000 |
| May 20, 2021 | $0.5000 |
| Feb 18, 2021 | $0.4800 |
| Nov 19, 2020 | $0.4800 |
| Aug 20, 2020 | $0.4800 |
| May 21, 2020 | $0.4800 |