NYSE : TEL
TE Connectivity plc — Financial statements
Technology · Electronic Components · Ireland
Last price 222.76 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 64.04B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
TE Connectivity plc (TEL) reported revenue of 19.89B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 19.89B | 19.89B | 17.26B | 15.85B | 16.03B | 16.28B |
| Cost of Revenue | 12.68B | 12.68B | 11.18B | 10.39B | 10.98B | 11.02B |
| Gross Profit | 7.21B | 7.21B | 6.08B | 5.46B | 5.05B | 5.26B |
| Selling, General & Admin | 2.12B | 2.12B | 1.87B | 1.74B | 1.69B | 1.58B |
| Research & Development | 942.00M | 942.00M | 829.00M | 741.00M | 708.00M | 718.00M |
| Other Operating Expenses | 14.00M | 36.00M | 3.00M | |||
| Operating Expenses | 3.07B | 3.07B | 2.71B | 2.52B | 2.40B | 2.29B |
| Operating Income | 4.14B | 4.14B | 3.37B | 2.94B | 2.66B | 2.97B |
| Interest Expense | -124.00M | -124.00M | -77.00M | -70.00M | -80.00M | -66.00M |
| Interest & Investment Income | 90.00M | 90.00M | 83.00M | 87.00M | 60.00M | 15.00M |
| Other Non Operating Income (Expenses) | -7.00M | -7.00M | -11.00M | -1.00M | 20.00M | |
| EBT Excluding Unusual Items | 4.10B | 4.10B | 3.36B | 2.95B | 2.64B | 2.94B |
| Merger & Restructuring Charges | -149.00M | -149.00M | -160.00M | -165.00M | -293.00M | -198.00M |
| Gain (Loss) on Sale of Assets | 1.00M | 10.00M | -77.00M | 10.00M | ||
| Other Unusual Items | -14.00M | |||||
| Pretax Income | 3.95B | 3.95B | 3.20B | 2.80B | 2.27B | 2.73B |
| Income Tax Expense | 695.00M | 695.00M | 1.36B | -397.00M | 364.00M | 306.00M |
| Earnings From Continuing Operations | 3.25B | 3.25B | 1.84B | 3.19B | 1.90B | 2.43B |
| Earnings From Discontinued Operations | -2.00M | -2.00M | -1.00M | -1.00M | 6.00M | 1.00M |
| Net Income | 3.25B | 3.25B | 1.84B | 3.19B | 1.91B | 2.43B |
| Net Income to Common | 3.25B | 3.25B | 1.84B | 3.19B | 1.91B | 2.43B |
| Shares Outstanding (Basic) | 292.00M | 292.00M | 297.00M | 307.00M | 315.00M | 323.00M |
| Shares Outstanding (Diluted) | 294.00M | 294.00M | 299.00M | 309.00M | 317.00M | 325.00M |
| EPS (Basic) | 11.14 | 11.14 | 6.20 | 10.40 | 6.06 | 7.52 |
| EPS (Diluted) | 11.06 | 11.06 | 6.16 | 10.33 | 6.03 | 7.47 |
| Free Cash Flow | 3.40B | 3.40B | 3.20B | 2.80B | 2.40B | 1.70B |
| Free Cash Flow Per Share | 11.57 | 11.57 | 10.71 | 9.05 | 7.57 | 5.23 |
| Dividend Per Share | 2.98 | 2.98 | 2.72 | 2.48 | 2.30 | 2.12 |
| Gross Margin | 36.24% | 36.24% | 35.22% | 34.43% | 31.53% | 32.31% |
| Operating Margin | 20.82% | 20.82% | 19.51% | 18.53% | 16.58% | 18.22% |
| Profit Margin | 16.36% | 16.36% | 10.67% | 20.15% | 11.91% | 14.91% |
| Free Cash Flow Margin | 17.11% | 17.11% | 18.55% | 17.65% | 14.97% | 10.44% |
| EBITDA | 5.17B | 5.17B | 4.21B | 3.76B | 3.45B | 3.75B |
| EBITDA Margin | 26.02% | 26.02% | 24.37% | 23.74% | 21.53% | 23.04% |
| D&A For EBITDA | 1.03B | 1.03B | 838.00M | 826.00M | 794.00M | 785.00M |
| EBIT | 4.14B | 4.14B | 3.37B | 2.94B | 2.66B | 2.97B |
| EBIT Margin | 20.82% | 20.82% | 19.51% | 18.53% | 16.58% | 18.22% |
| Effective Tax Rate | 17.59% | 17.59% | 42.48% | 16.05% | 11.20% |
Balance sheet
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.70B | 1.70B | 1.25B | 1.32B | 1.66B | 1.09B |
| Cash & Short-Term Investments | 1.70B | 1.70B | 1.25B | 1.32B | 1.66B | 1.09B |
| Receivables | 3.84B | 3.84B | 3.40B | 3.06B | 2.97B | 2.87B |
| Inventory | 2.96B | 2.96B | 2.70B | 2.52B | 2.55B | 2.68B |
| Prepaid Expenses | 785.00M | 785.00M | 525.00M | 657.00M | 600.00M | 582.00M |
| Other Current Assets | 84.00M | 83.00M | 112.00M | 57.00M | ||
| Total Current Assets | 9.28B | 9.28B | 7.97B | 7.63B | 7.89B | 7.27B |
| Property, Plant & Equipment | 4.64B | 4.64B | 4.79B | 4.34B | 4.14B | 3.99B |
| Goodwill | 7.42B | 7.42B | 7.13B | 5.80B | 5.46B | 5.26B |
| Other Intangible Assets | 2.03B | 2.03B | 2.23B | 1.17B | 1.18B | 1.29B |
| Long-Term Deferred Tax Assets | 2.13B | 2.13B | 2.51B | 3.50B | 2.60B | 2.50B |
| Other Long-Term Assets | 1.17B | 1.17B | 464.00M | 415.00M | 438.00M | 479.00M |
| Total Assets | 26.67B | 26.67B | 25.08B | 22.85B | 21.71B | 20.78B |
| Accounts Payable | 2.46B | 2.46B | 2.02B | 1.73B | 1.56B | 1.59B |
| Accrued Expenses | 2.41B | 2.41B | 849.00M | 684.00M | 605.00M | 563.00M |
| Short-Term Debt | 255.00M | 330.00M | ||||
| Current Portion of Long-Term Debt | 502.00M | 502.00M | 852.00M | 616.00M | 352.00M | 914.00M |
| Current Portion of Leases | 126.00M | 128.00M | 118.00M | 126.00M | ||
| Current Income Taxes Payable | 153.00M | 113.00M | 140.00M | 162.00M | ||
| Current Unearned Revenue | 115.00M | 58.00M | 74.00M | 63.00M | ||
| Other Current Liabilities | 1.00B | 1.16B | 1.28B | 1.21B | ||
| Total Current Liabilities | 5.36B | 5.36B | 5.12B | 4.75B | 4.46B | 4.63B |
| Long-Term Debt | 5.14B | 5.14B | 5.04B | 3.43B | 3.54B | 3.29B |
| Long-Term Leases | 365.00M | 313.00M | 280.00M | 308.00M | ||
| Pension & Post-Retirement Benefits | 625.00M | 625.00M | 767.00M | 810.00M | 728.00M | 695.00M |
| Long-Term Deferred Tax Liabilities | 246.00M | 246.00M | 198.00M | 199.00M | 185.00M | 244.00M |
| Other Long-Term Liabilities | 1.58B | 1.58B | 866.00M | 869.00M | 862.00M | 714.00M |
| Total Liabilities | 12.95B | 12.95B | 12.35B | 10.37B | 10.06B | 9.88B |
| Common Stock | 3.00M | 3.00M | 3.00M | 139.00M | 142.00M | 146.00M |
| Retained Earnings | 15.24B | 15.24B | 13.93B | 14.53B | 12.95B | 12.83B |
| Treasury Stock | -1.89B | -1.89B | -1.36B | -2.32B | -1.38B | -1.68B |
| Comprehensive Income & Other | 218.00M | 218.00M | 6.00M | 5.00M | -158.00M | -495.00M |
| Total Common Equity | 13.57B | 13.57B | 12.59B | 12.36B | 11.55B | 10.80B |
| Minority Interest | 150.00M | 150.00M | 145.00M | 131.00M | 104.00M | 95.00M |
| Shareholders' Equity | 13.72B | 13.72B | 12.73B | 12.49B | 11.65B | 10.90B |
| Total Liabilities & Equity | 26.67B | 26.67B | 25.08B | 22.85B | 21.71B | 20.78B |
| Total Debt | 5.64B | 5.64B | 6.38B | 4.74B | 4.62B | 4.64B |
| Net Cash (Debt) | -3.94B | -3.94B | -5.12B | -3.42B | -2.96B | -3.55B |
| Net Cash Per Share | -13.41 | -13.41 | -17.13 | -11.08 | -9.33 | -10.93 |
| Filing Date Shares Outstanding | 287.50M | 287.50M | 294.19M | 299.16M | 310.78M | 317.23M |
| Total Common Shares Outstanding | 287.50M | 287.50M | 294.56M | 299.92M | 311.98M | 318.08M |
| Working Capital | 3.92B | 3.92B | 2.85B | 2.88B | 3.43B | 2.64B |
| Book Value Per Share | 47.21 | 47.21 | 42.73 | 41.19 | 37.02 | 33.96 |
| Tangible Book Value | 4.12B | 4.12B | 3.23B | 5.38B | 4.91B | 4.26B |
| Tangible Book Value Per Share | 14.34 | 14.34 | 10.97 | 17.94 | 15.75 | 13.38 |
| Land | 138.00M | 120.00M | 116.00M | 106.00M | ||
| Buildings | 1.69B | 1.57B | 1.44B | 1.33B | ||
| Machinery | 9.45B | 8.93B | 8.31B | 7.73B | ||
| Construction In Progress | 814.00M | 659.00M | 625.00M | 609.00M | ||
| Order Backlog | 6.19B | 6.04B |
Cash flow statement
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 3.25B | 3.25B | 1.84B | 3.19B | 1.91B | 2.43B |
| Depreciation & Amortization | 1.03B | 1.03B | 838.00M | 826.00M | 794.00M | 785.00M |
| Loss (Gain) From Sale of Assets | 74.00M | 14.00M | ||||
| Stock-Based Compensation | 168.00M | 168.00M | 149.00M | 127.00M | 123.00M | 119.00M |
| Provision & Write-off of Bad Debts | 71.00M | 71.00M | 58.00M | 57.00M | 76.00M | 70.00M |
| Other Operating Activities | 443.00M | 443.00M | 1.16B | -584.00M | 153.00M | -7.00M |
| Change in Accounts Receivable | -582.00M | -582.00M | -341.00M | -134.00M | -146.00M | 200.00M |
| Change in Inventory | -316.00M | -316.00M | -160.00M | -30.00M | -45.00M | -41.00M |
| Change in Accounts Payable | 595.00M | 595.00M | 290.00M | 159.00M | -1.00M | -396.00M |
| Change in Income Taxes | -80.00M | -80.00M | 147.00M | -83.00M | 17.00M | 32.00M |
| Change in Other Net Operating Assets | -62.00M | -62.00M | 152.00M | -55.00M | 183.00M | -735.00M |
| Operating Cash Flow | 4.53B | 4.53B | 4.14B | 3.48B | 3.13B | 2.47B |
| Capital Expenditures | -1.12B | -1.12B | -936.00M | -680.00M | -732.00M | -768.00M |
| Sale of Property, Plant & Equipment | 9.00M | 9.00M | 11.00M | 16.00M | 4.00M | 106.00M |
| Cash Acquisitions | -212.00M | -212.00M | -2.63B | -339.00M | -110.00M | -220.00M |
| Divestitures | 59.00M | 48.00M | 16.00M | |||
| Other Investing Activities | -9.00M | -9.00M | -15.00M | -6.00M | 22.00M | -12.00M |
| Investing Cash Flow | -1.33B | -1.33B | -3.57B | -950.00M | -768.00M | -878.00M |
| Short-Term Debt Issued | 100.00M | 100.00M | 370.00M | |||
| Long-Term Debt Issued | 750.00M | 750.00M | 2.23B | 348.00M | 499.00M | 588.00M |
| Total Debt Issued | 850.00M | 850.00M | 2.23B | 348.00M | 499.00M | 958.00M |
| Short-Term Debt Repaid | -255.00M | -75.00M | -40.00M | |||
| Long-Term Debt Repaid | -852.00M | -852.00M | -580.00M | -352.00M | -591.00M | -558.00M |
| Total Debt Repaid | -852.00M | -852.00M | -835.00M | -427.00M | -631.00M | -558.00M |
| Net Debt Issued (Repaid) | -2.00M | -2.00M | 1.40B | -79.00M | -132.00M | 400.00M |
| Issuance of Common Stock | 82.00M | 82.00M | 182.00M | 89.00M | 43.00M | 54.00M |
| Repurchase of Common Stock | -1.89B | -1.89B | -1.35B | -2.06B | -945.00M | -1.41B |
| Common Dividends Paid | -869.00M | -869.00M | -803.00M | -760.00M | -725.00M | -685.00M |
| Other Financing Activities | -68.00M | -68.00M | -57.00M | -57.00M | -34.00M | -41.00M |
| Financing Cash Flow | -2.75B | -2.75B | -629.00M | -2.87B | -1.79B | -1.68B |
| Foreign Exchange Rate Adjustments | -6.00M | 2.00M | -21.00M | |||
| Net Cash Flow | 442.00M | 442.00M | -64.00M | -342.00M | 573.00M | -115.00M |
| Free Cash Flow | 3.40B | 3.40B | 3.20B | 2.80B | 2.40B | 1.70B |
| Free Cash Flow Margin | 17.11% | 17.11% | 18.55% | 17.65% | 14.97% | 10.44% |
| Free Cash Flow Per Share | 11.57 | 11.57 | 10.71 | 9.05 | 7.57 | 5.23 |
| Levered Free Cash Flow | 2.43B | 2.43B | 2.10B | 2.07B | 1.82B | 1.43B |
| Unlevered Free Cash Flow | 2.51B | 2.51B | 2.15B | 2.11B | 1.87B | 1.47B |
| Cash Income Tax Paid | 454.00M | 454.00M | 276.00M | 475.00M | 425.00M | 421.00M |
| Change in Working Capital | -445.00M | -445.00M | 88.00M | -143.00M | 8.00M | -940.00M |
Ratios
Fiscal year October - September; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 62.06B | 63.28B | 64.13B | 45.96B | 38.78B | 35.30B |
| Enterprise Value | 66.00B | 68.01B | 69.66B | 48.84B | 42.00B | 38.78B |
| Last Close Price | 213.03 | 218.59 | 213.99 | 146.67 | 117.76 | 103.32 |
| PE Ratio | 19.51 | 19.45 | 34.82 | 14.39 | 20.30 | 14.54 |
| Forward PE | 15.84 | 17.49 | 23.47 | 18.91 | 17.00 | 14.53 |
| PS Ratio | 3.11 | 3.18 | 3.71 | 2.90 | 2.42 | 2.17 |
| PB Ratio | 4.51 | 4.61 | 5.04 | 3.68 | 3.33 | 3.24 |
| P/TBV Ratio | 15.00 | 15.35 | 19.84 | 8.54 | 7.89 | 8.29 |
| P/FCF Ratio | 18.17 | 18.60 | 20.02 | 16.43 | 16.16 | 20.76 |
| P/OCF Ratio | 13.66 | 13.99 | 15.49 | 13.22 | 12.38 | 14.30 |
| PEG Ratio | 1.32 | 1.34 | 2.15 | 1.91 | 2.41 | 1.40 |
| EV/Sales Ratio | 3.31 | 3.42 | 4.04 | 3.08 | 2.62 | 2.38 |
| EV/EBITDA Ratio | 12.71 | 13.15 | 16.56 | 12.98 | 12.17 | 10.34 |
| EV/EBIT Ratio | 15.88 | 16.43 | 20.68 | 16.63 | 15.80 | 13.08 |
| EV/FCF Ratio | 19.32 | 19.99 | 21.75 | 17.46 | 17.50 | 22.81 |
| Debt / Equity Ratio | 0.41 | 0.41 | 0.50 | 0.38 | 0.40 | 0.43 |
| Debt / EBITDA Ratio | 1.09 | 1.09 | 1.45 | 1.20 | 1.27 | 1.18 |
| Debt / FCF Ratio | 1.66 | 1.66 | 1.99 | 1.70 | 1.93 | 2.73 |
| Net Debt / Equity Ratio | 0.29 | 0.29 | 0.40 | 0.27 | 0.25 | 0.33 |
| Net Debt / EBITDA Ratio | 0.76 | 0.76 | 1.22 | 0.91 | 0.86 | 0.95 |
| Net Debt / FCF Ratio | 1.16 | 1.16 | 1.60 | 1.22 | 1.23 | 2.09 |
| Asset Turnover | 0.77 | 0.77 | 0.72 | 0.71 | 0.76 | 0.77 |
| Inventory Turnover | 4.48 | 4.48 | 4.29 | 4.10 | 4.20 | 4.25 |
| Quick Ratio | 1.03 | 1.03 | 0.91 | 0.92 | 1.04 | 0.85 |
| Current Ratio | 1.73 | 1.73 | 1.56 | 1.61 | 1.77 | 1.57 |
| Return on Equity (ROE) | 24.61% | 24.61% | 14.62% | 26.46% | 16.89% | 22.43% |
| Return on Assets (ROA) | 10.00% | 10.00% | 8.78% | 8.24% | 7.82% | 8.78% |
| Return on Invested Capital (ROIC) | 19.15% | 19.21% | 11.48% | 19.24% | 15.36% | 18.41% |
| Return on Capital Employed (ROCE) | 19.40% | 19.40% | 16.90% | 16.20% | 15.40% | 18.40% |
| Earnings Yield | 5.13% | 5.14% | 2.87% | 6.95% | 4.92% | 6.88% |
| FCF Yield | 5.50% | 5.38% | 4.99% | 6.09% | 6.19% | 4.82% |
| Dividend Yield | 1.44% | 1.35% | 1.25% | 1.62% | 1.85% | 1.91% |
| Payout Ratio | 28.20% | 26.71% | 43.59% | 23.80% | 37.96% | 28.21% |
| Buyback Yield / Dilution | 1.67% | 1.67% | 3.24% | 2.52% | 2.46% | 2.40% |
| Total Shareholder Return | 3.12% | 3.03% | 4.49% | 4.14% | 4.31% | 4.31% |