TE Connectivity (TEL)
Information Technology · $60.8B market cap · SEC CIK 0001385157
fundamentals score out of 100
Next reports on Oct 27, 2026, after the close, with analysts expecting $3.10 in earnings per share.
The case for TEL
- Generated $3.2B of free cash flow in FY2025, 19% of revenue.
- Revenue growing 16.5% year over year.
- Earnings per share up 111.1%.
- A PEG of 0.18: a P/E of 20.2× is low for EPS growing 111%.
- Return on equity of 23%.
- Pays a modest 1.8% dividend.
The case against
- The price trend is weak (40/100): -2.8% over a year, -3.5% over three months, 37% of the way up its 52-week range.
- Weakest against its peers: net margin of 16% is thinner than 56% of Information Technology companies.
What the score is made of
Each factor is half a curve over reported figures and half a rank among the other Information Technology companies (momentum is judged against fixed thresholds only), and the five are blended by weight. It describes the last filing and the current price. It is not a forecast.
| Valuewhat you pay for the earnings, sales, assets and cash | 70 |
|---|---|
| Growthhow fast revenue and earnings are moving, this year and over five | 62 |
| Profitabilityhow much of the revenue becomes profit, and how much of that is cash | 56 |
| Momentumhow the price has behaved lately | 40 |
| Stabilityhow violently it moves, what it owes and what it pays you | 83 |
- Each factor except momentum is half fixed thresholds, half rank among the 73 Information Technology companies.
Key numbers
| Price / earnings | 20.2× |
|---|---|
| Price / book | 4.36× |
| Price / sales | 3.1× |
| Revenue growth (YoY) | +16.5% |
| EPS growth (YoY) | +111.1% |
| Gross margin | 36% |
| Operating margin | 20% |
| Net margin | 16% |
| Return on equity | 23% |
| Debt / equity | 0.43× |
| Current ratio | 1.88 |
| Dividend yield | 1.80% |
| Beta | 1.16 |
| 52-week range | $190.27 – $252.56 |
| Position in that range | 37% of the way up |
| 3-month return | -3.5% |
| 1-year return | -2.8% |
Five years of financials, as filed
Pulled from TE Connectivity's XBRL filings on SEC EDGAR. Italic rows are derived from the rows above.
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $17.3B | $15.8B | $16.0B | $16.3B | $14.9B |
| Gross profit | $6.1B | $5.5B | $5.1B | $5.2B | $4.9B |
| Operating income | $3.2B | $2.8B | $2.3B | $2.8B | $2.4B |
| Net income | $1.8B | $3.2B | $1.9B | $2.4B | $2.3B |
| Operating cash flow | $4.1B | $3.5B | $3.1B | $2.5B | $2.7B |
| Capital expenditure | $936M | $680M | $732M | $768M | $690M |
| Total assets | $25.6B | $22.4B | $23.1B | $21.4B | $21.4B |
| Total liabilities | $12.4B | $9.9B | $9.8B | $9.9B | $10.3B |
| Shareholder equity | — | — | $13.1B | — | — |
| Cash | $1.3B | $1.3B | $1.2B | $793M | $982M |
| Long-term debt | $4.9B | $3.3B | $3.6B | $3.4B | $3.5B |
| Free cash flow | $3.2B | $2.8B | $2.4B | $1.7B | $2.0B |
| Gross margin | 35.2% | 34.4% | 31.5% | 32.2% | 32.7% |
| Operating margin | 18.6% | 17.6% | 14.4% | 16.9% | 16.3% |
| Net margin | 10.7% | 20.2% | 11.9% | 14.9% | 15.2% |
| Diluted shares | 299M | 309M | 317M | 325M | 333M |
Share count is down 10.2% over 4 years. Buybacks have been shrinking the pie.
What TE Connectivity says it does
_814780"> ITEM 1. BUSINESS General 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. During fiscal 2024, our board of directors and shareholders approved a change in our jurisdiction of incorporation from Switzerland to Ireland. In connection…
Risk factors TEL lists in its 10-K
- Change in Net Sales for Fiscal 2025 versus Fiscal 2024
- Change in Net Sales for Fiscal 2024 versus Fiscal 2023
- Cash Flows from Operating Activities
- Cash Flows from Investing Activities
- Cash Flows from Financing Activities and Capitalization
- Critical Accounting Policies and Estimates
- Revenue from Contracts with Customers
- Goodwill and Other Intangible Assets
- Interest Rate and Investment Exposures
- Evaluation of Disclosure Controls and Procedures
- Management’s Report on Internal Control Over Financial Reporting
- Internal Control—Integrated Framework (2013)
- Changes in Internal Control Over Financial Reporting
- Insider Trading Policies and Procedures