TE Connectivity plc TEL

Industrials SIC 5065 - Wholesale-Electronic Parts & Equipment, NEC NAICS Wholesale Trade › Merchant Wholesalers, Durable Goods › Household Appliances and Electrical and Electronic Goods Merchant Wholesalers › Other Electronic Parts and Equipment Merchant Wholesalers derived NYSE

We are a global industrial technology leader creating a safer, sustainable, productive, and connected future. As a trusted innovation partner, our broad range of connectivity and sensor solutions enable the distribution of power, signal, and data to advance next-generation transportation, energy networks, automated factories, data centers enabling artificial intelligence, and more. References in this report to "TE Connectivity," the "Company," "we," "us," or "our" refer to TE Connectivity Ltd. before September 30, 2024 and to TE Connectivity plc on or after September 30, 2024.

We became an independent, publicly traded company in 2007; however, through our predecessor companies, we trace our foundations in the connectivity business back to 1941.

Last close 208.05 2026-10-23
Market cap $60.23B 2026-06-26 share count
52-week range 190.27 - 252.56

Valuation FY2025 figures against the last close

P/S3.5x
P/E33.8x
P/FCF18.8x
EV/EBITDA16.0x
Dividend yield1.3%
Diluted EPS6.16

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • China
  • U.S.
  • Switzerland
  • Other Asia-Pacific
  • Other Europe/Middle East/Africa
  • Other Americas
  • Germany
Revenue by geography, 7 categories over 3 years. The same figures are in the table below. FY2025 China, FY2025: 4.6B (26.7%) 27% China U.S., FY2025: 4.4B (25.5%) 26% U.S. Switzerland, FY2025: 3.9B (22.4%) 22% Switzerland Other Asia-Pacific, FY2025: 1.9B (11.3%) 11% Other Europe/Middle East/Africa, FY2025: 1.7B (9.8%) 10% Other Americas, FY2025: 560M (3.2%) Germany, FY2025: 193M (1.1%) FY2024 China, FY2024: 3.6B (22.5%) 23% U.S., FY2024: 4B (25.4%) 25% Switzerland, FY2024: 3.9B (24.7%) 25% Other Asia-Pacific, FY2024: 1.8B (11.3%) 11% Other Europe/Middle East/Africa, FY2024: 1.8B (11.1%) 11% Other Americas, FY2024: 559M (3.5%) 4% Germany, FY2024: 236M (1.5%) FY2023 China, FY2023: 3.2B (19.8%) 20% U.S., FY2023: 4.1B (25.6%) 26% Switzerland, FY2023: 4.1B (25.6%) 26% Other Asia-Pacific, FY2023: 2B (12.3%) 12% Other Europe/Middle East/Africa, FY2023: 1.7B (10.6%) 11% Other Americas, FY2023: 563M (3.5%) 4% Germany, FY2023: 405M (2.5%)
Region FY2025FY2024FY2023
China $4.61B $3.57B $3.18B
U.S. $4.41B $4.02B $4.11B
Switzerland $3.86B $3.91B $4.11B
Other Asia-Pacific $1.94B $1.80B $1.97B
Other Europe/Middle East/Africa $1.69B $1.76B $1.69B
Other Americas $560.0M $559.0M $563.0M
Germany $193.0M $236.0M $405.0M

As the company reported it, from the “Segment and Geographic Data - By Region (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Revenue by segment

  • Transportation Solutions
  • Industrial Solutions
Revenue by segment, 2 categories over 3 years. The same figures are in the table below. FY2025 Transportation Solutions, FY2025: 9.4B (54.4%) 54% Transportation Solutions Industrial Solutions, FY2025: 7.9B (45.6%) 46% Industrial Solutions FY2024 Transportation Solutions, FY2024: 9.5B (59.8%) 60% Industrial Solutions, FY2024: 6.4B (40.2%) 40% FY2023 Transportation Solutions, FY2023: 9.7B (60.3%) 60% Industrial Solutions, FY2023: 6.4B (39.7%) 40%
Segment FY2025FY2024FY2023
Transportation Solutions $9.39B $9.48B $9.68B
Industrial Solutions $7.87B $6.36B $6.36B

As the company reported it, from the “Segment and Geographic Data - Net Sales by Geographic Region and Segment (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Segments are the filer's own reporting structure, which is a decision about how it runs itself rather than a standard taxonomy: two companies in the same industry routinely divide themselves along different lines, so these are worth reading down a single company rather than across two. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $17.26B$15.85B$16.03B$16.28B$14.92B$12.17B$13.45B$13.99B$12.19B$11.35B
Cost of revenue $11.18B$10.39B$10.98B$11.04B$10.04B$8.44B$9.05B$9.24B$8.00B$7.53B
Gross profit $6.08B$5.46B$5.05B$5.24B$4.89B$3.73B$4.39B$4.75B$4.18B$3.83B
R&D $699.0M$621.0M$593.0M$610.0M$612.0M$539.0M$572.0M$606.0M$548.0M$525.0M
SG&A $1.87B$1.73B$1.67B$1.58B$1.51B$1.39B$1.49B$1.59B$1.54B$1.40B
Operating income $3.21B$2.80B$2.30B$2.76B$2.43B$537.0M$1.98B$2.33B$1.88B$1.81B
Interest expense $77.0M$70.0M$80.0M$66.0M$56.0M$48.0M$68.0M$107.0M$130.0M$127.0M
Pre-tax income $3.20B$2.80B$2.27B$2.73B$2.38B$524.0M$1.93B$2.24B$1.72B$1.02B
Income tax $1.36B$397.0M$364.0M$306.0M$123.0M$783.0M$15.0M$344.0M$180.0M$826.0M
Net income $1.84B$3.19B$1.91B$2.43B$2.26B-$241.0M$1.84B$2.56B$1.68B$2.01B
EPS, basic 6.2010.406.067.526.85-0.735.467.334.745.49
EPS, diluted 6.1610.336.037.476.79-0.735.427.274.705.44
Shares, diluted (wtd. avg.) 299.0M309.0M317.0M325.0M333.0M332.0M340.0M353.0M358.0M369.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $1.25B$1.32B$1.66B$1.09B$1.20B$945.0M$927.0M$848.0M$1.22B$647.0M
Receivables $3.40B$3.06B$2.97B$2.87B$2.93B$2.38B$2.32B$2.36B$2.14B$2.05B
Inventory $2.70B$2.52B$2.55B$2.68B$2.51B$1.95B$1.84B$1.86B$1.65B$1.60B
Total current assets $7.97B$7.63B$7.89B$7.27B$7.26B$5.78B$5.55B$6.20B$5.93B$4.78B
Property, plant and equipment $4.31B$3.90B$3.75B$3.57B$3.78B$3.65B$3.57B$3.50B$3.16B$2.81B
Goodwill $7.13B$5.80B$5.46B$5.26B$5.59B$5.22B$5.74B$5.68B$5.65B$5.49B
Other intangibles $2.23B$1.17B$1.18B$1.29B$1.55B$1.59B$1.60B$1.70B$1.84B$1.88B
Total assets $25.08B$22.85B$21.71B$20.78B$21.46B$19.24B$19.69B$20.39B$19.40B$17.61B
Accounts payable $2.02B$1.73B$1.56B$1.59B$1.91B$1.28B$1.36B$1.55B$1.39B$1.09B
Short-term debt $852.0M$871.0M$682.0M$914.0M$503.0M$694.0M$570.0M$963.0M$710.0M$331.0M
Total current liabilities $5.12B$4.75B$4.46B$4.63B$4.66B$3.69B$3.54B$4.41B$3.85B$3.07B
Long-term debt $4.84B$3.33B$3.53B$3.29B$3.59B$3.45B$3.40B$3.04B$3.63B$3.74B
Total liabilities $12.35B$10.37B$10.06B$9.88B$10.71B$9.75B$9.12B$9.55B$9.65B$9.12B
Retained earnings $13.93B$14.53B$12.95B$12.83B$11.71B$10.35B$12.26B$12.11B$10.18B$8.68B
Total equity $12.59B$12.36B$11.55B$10.80B$10.63B$9.38B$10.57B$10.83B$9.75B$8.48B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $4.14B$3.48B$3.13B$2.47B$2.68B$1.99B$2.42B$2.45B$2.32B$1.95B
Depreciation and amortisation $838.0M$826.0M$794.0M$785.0M$769.0M$711.0M$690.0M$667.0M$611.0M$560.0M
Stock-based compensation $149.0M$127.0M$123.0M$119.0M$94.0M$74.0M$75.0M$95.0M$95.0M$87.0M
Capital expenditure $936.0M$680.0M$732.0M$768.0M$690.0M$560.0M$749.0M$935.0M$679.0M$603.0M
Investing cash flow -$3.57B-$950.0M-$768.0M-$878.0M-$1.04B-$865.0M-$692.0M-$1.09B-$932.0M-$1.58B
Financing cash flow -$629.0M-$2.87B-$1.79B-$1.68B-$1.39B-$1.10B-$1.64B-$1.72B-$814.0M-$3.06B
Dividends paid $803.0M$760.0M$725.0M$685.0M$647.0M$625.0M$608.0M$588.0M$546.0M$509.0M
Buybacks $1.35B$2.06B$945.0M$1.41B$831.0M$523.0M$1.09B$879.0M$614.0M$2.79B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001104659-25-109150.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -5B 0 5B 10B 15B 20B Revenue, FY2016: 11.4B Gross profit, FY2016: 3.8B Net income, FY2016: 2B Revenue, FY2017: 12.2B Gross profit, FY2017: 4.2B Net income, FY2017: 1.7B Revenue, FY2018: 14B Gross profit, FY2018: 4.7B Net income, FY2018: 2.6B Revenue, FY2019: 13.4B Gross profit, FY2019: 4.4B Net income, FY2019: 1.8B Revenue, FY2020: 12.2B Gross profit, FY2020: 3.7B Net income, FY2020: -241M Revenue, FY2021: 14.9B Gross profit, FY2021: 4.9B Net income, FY2021: 2.3B Revenue, FY2022: 16.3B Gross profit, FY2022: 5.2B Net income, FY2022: 2.4B Revenue, FY2023: 16B Gross profit, FY2023: 5.1B Net income, FY2023: 1.9B Revenue, FY2024: 15.8B Gross profit, FY2024: 5.5B Net income, FY2024: 3.2B Revenue, FY2025: 17.3B Gross profit, FY2025: 6.1B Net income, FY2025: 1.8B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $11.35B $12.19B $13.99B $13.45B $12.17B $14.92B $16.28B $16.03B $15.85B $17.26B
Gross profit $3.83B $4.18B $4.75B $4.39B $3.73B $4.89B $5.24B $5.05B $5.46B $6.08B
Net income $2.01B $1.68B $2.56B $1.84B -$241.0M $2.26B $2.43B $1.91B $3.19B $1.84B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Regulation FD disclosure Item 7.01
  • Regulation FD disclosure Item 7.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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