TEL Financials TE Connectivity

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Jul 26, 2026, 10:12 UTC Overview →

Growth & profitability

Revenue has grown 7.2% per year over the past 5 years.
Operating margin has expanded, at 18.6% in the latest year.
Free cash flow has grown 17.5% per year over the past 5 years.

Financial health

Total debt ($4.8B) exceeds cash ($1.3B); net debt is $3.6B.
Total debt has grown in line with revenue (7.0% vs 7.2% per year).
Operating income covered interest expense 42× in the latest year.
Total debt is 1.2× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 43.6% of earnings and 25.1% of free cash flow.
The dividend has grown 5.1% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$17.3B	$1.8B	35.2%	18.6%	14.6%	7.3%	$3.2B	$4.8B	$1.3B
2024	$15.8B	$3.2B	34.4%	17.6%	25.8%	14.0%	$2.8B	$3.3B	$1.3B
2023	$16.0B	$1.9B	31.5%	14.4%	16.5%	8.8%	$2.4B	$3.5B	$1.7B
2022	$16.3B	$2.4B	32.2%	16.9%	22.5%	11.7%	$1.7B	$3.3B	$1.1B
2021	$14.9B	$2.3B	32.7%	16.3%	21.3%	10.5%	$2.0B	$3.6B	$1.2B
2020	$12.2B	-$241M	30.7%	4.4%	-2.6%	-1.3%	$1.4B	$3.5B	$945M
2019	$13.4B	$1.8B	32.7%	14.7%	17.4%	9.4%	$1.7B	$3.4B	$927M
2018	$14.0B	$2.6B	33.9%	16.7%	23.7%	12.6%	$1.5B	$4.0B	$848M
2017	$12.2B	$1.7B	34.3%	15.4%	17.3%	8.7%	$1.6B	$4.3B	$1.2B
2016	—	$2.0B	—	—	23.7%	11.4%	$1.3B	$4.1B	$647M
2015	—	$2.4B	—	—	25.2%	11.8%	$1.3B	$3.9B	$3.3B
2014	—	$1.8B	—	—	19.8%	8.8%	$1.4B	$3.9B	$2.5B
2010	—	$1.1B	—	—	15.6%	6.5%	$1.3B	$2.4B	$2.0B
2009	—	-$3.3B	—	—	-46.6%	-20.4%	$1.0B	$2.4B	$1.5B
2008	—	$1.7B	—	—	15.2%	7.9%	$379M	$3.2B	$1.1B

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$5.2B	$748M	35.6%	19.0%	5.6%	2.9%	$881M	$5.5B	$1.2B
Mar '26	$4.7B	$855M	36.8%	20.1%	6.5%	3.3%	$677M	$5.6B	$1.1B
Dec '25	$4.7B	$750M	37.2%	20.6%	5.8%	2.9%	$607M	$4.9B	$1.3B
Sep '25	$4.7B	$663M	35.0%	19.3%	5.3%	2.6%	$1.1B	$4.8B	$1.3B
Jun '25	$4.5B	$638M	35.3%	18.9%	5.2%	2.6%	$957M	$4.8B	$672M
Mar '25	$4.1B	$13M	35.2%	18.1%	0.1%	0.1%	$423M	$3.3B	$2.6B
Dec '24	$3.8B	$528M	35.5%	18.0%	4.3%	2.4%	$673M	$3.3B	$1.3B
Sep '24	$4.1B	$276M	34.0%	16.0%	2.2%	1.2%	$829M	$3.3B	$1.3B
Jun '24	$4.0B	$573M	34.8%	19.0%	4.5%	2.5%	$857M	$3.0B	$1.5B
Mar '24	$4.0B	$541M	34.4%	17.4%	4.3%	2.4%	$543M	$3.0B	$1.2B
Dec '23	$3.8B	$1.8B	34.6%	18.2%	13.7%	7.8%	$568M	$3.6B	$1.2B
Sep '23	$4.0B	$552M	31.8%	15.7%	4.8%	2.5%	$944M	$3.5B	$1.7B
Jun '23	$4.0B	$528M	32.5%	15.8%	4.7%	2.4%	$613M	$3.9B	$1.1B
Mar '23	$4.2B	$433M	30.9%	12.9%	3.9%	2.0%	$445M	$3.9B	$905M
Dec '22	$3.8B	$397M	30.9%	13.1%	3.5%	1.9%	$398M	$3.4B	$793M
Sep '22	$4.4B	$708M	30.9%	15.1%	6.6%	3.4%	$732M	$3.3B	$1.1B
Jun '22	$4.1B	$594M	32.4%	17.5%	5.7%	2.8%	$374M	$3.4B	$820M
Mar '22	$4.0B	$560M	33.4%	17.6%	5.4%	2.6%	$234M	$3.4B	$749M
Dec '21	$3.8B	$566M	32.2%	17.6%	5.1%	2.6%	$360M	$4.0B	$982M
Sep '21	$3.8B	$794M	33.1%	17.3%	7.5%	3.7%	$538M	$3.6B	$1.2B

Valuation over time

How the market has priced TEL against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 15.6× (Mar '23) to 34.2× (Nov '26).
The price-to-sales ratio has risen from 2.3× (Mar '23) to 3.6× (Nov '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.3% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is TEL growing its revenue and profit?

Over the past 5 years, TE Connectivity's revenue has grown 7.2% per year. These are computed facts, not advice.

How much debt does TEL have?

As of FY2025, TE Connectivity reported $4.8B of total debt against $1.3B of cash; operating income covered interest expense 42×.

What is TEL's profit margin?

In FY2025, gross margin was 35.2%, operating margin 18.6%, and net margin 10.7%.

What is TEL's P/E ratio?

TE Connectivity's P/E (TTM) is 20.89 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the TEL stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 34.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.