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 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
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
FCF
Total debt
Cash
2025
$17.3B
$1.8B
35.2%
18.6%
$3.2B
$4.8B
$1.3B
2024
$15.8B
$3.2B
34.4%
17.6%
$2.8B
$3.3B
$1.3B
2023
$16.0B
$1.9B
31.5%
14.4%
$2.4B
$3.5B
$1.7B
2022
$16.3B
$2.4B
32.2%
16.9%
$1.7B
$3.3B
$1.1B
2021
$14.9B
$2.3B
32.7%
16.3%
$2.0B
$3.6B
$1.2B
2020
$12.2B
-$241M
30.7%
4.4%
$1.4B
$3.5B
$945M
2019
$13.4B
$1.8B
32.7%
14.7%
$1.7B
$3.4B
$927M
2018
$14.0B
$2.6B
33.9%
16.7%
$1.5B
$4.0B
$848M
2017
$12.2B
$1.7B
34.3%
15.4%
$1.6B
$4.3B
$1.2B
2016
—
$2.0B
—
—
$1.3B
$4.1B
$647M
2015
—
$2.4B
—
—
$1.3B
$3.9B
$3.3B
2014
—
$1.8B
—
—
$1.4B
$3.9B
$2.5B
2010
—
$1.1B
—
—
$1.3B
$2.4B
$2.0B
2009
—
-$3.3B
—
—
$1.0B
$2.4B
$1.5B
2008
—
$1.7B
—
—
$379M
$3.2B
$1.1B
Revenue & net income
RevenueNet income
Margins (gross / operating / net)
GrossOperatingNet
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
FCF
Total debt
Cash
Mar '26
$4.7B
$855M
36.8%
20.1%
$677M
$5.6B
$1.1B
Dec '25
$4.7B
$750M
37.2%
20.6%
$607M
$4.9B
$1.3B
Sep '25
$4.7B
$663M
35.0%
19.3%
$1.1B
$4.8B
$1.3B
Jun '25
$4.5B
$638M
35.3%
18.9%
$957M
$4.8B
$672M
Mar '25
$4.1B
$13M
35.2%
18.1%
$423M
$3.3B
$2.6B
Dec '24
$3.8B
$528M
35.5%
18.0%
$673M
$3.3B
$1.3B
Sep '24
$4.1B
$276M
34.0%
16.0%
$829M
$3.3B
$1.3B
Jun '24
$4.0B
$573M
34.8%
19.0%
$857M
$3.0B
$1.5B
Mar '24
$4.0B
$541M
34.4%
17.4%
$543M
$3.0B
$1.2B
Dec '23
$3.8B
$1.8B
34.6%
18.2%
$568M
$3.6B
$1.2B
Sep '23
$4.0B
$552M
31.8%
15.7%
$944M
$3.5B
$1.7B
Jun '23
$4.0B
$528M
32.5%
15.8%
$613M
$3.9B
$1.1B
Mar '23
$4.2B
$433M
30.9%
12.9%
$445M
$3.9B
$905M
Dec '22
$3.8B
$397M
30.9%
13.1%
$398M
$3.4B
$793M
Sep '22
$4.4B
$708M
30.9%
15.1%
$732M
$3.3B
$1.1B
Jun '22
$4.1B
$594M
32.4%
17.5%
$374M
$3.4B
$820M
Mar '22
$4.0B
$560M
33.4%
17.6%
$234M
$3.4B
$749M
Dec '21
$3.8B
$566M
32.2%
17.6%
$360M
$4.0B
$982M
Sep '21
$3.8B
$794M
33.1%
17.3%
$538M
$3.6B
$1.2B
Jun '21
$3.8B
$580M
33.0%
18.6%
$512M
$3.6B
$1.4B
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 15.8× (Mar '23) to 31.7× (Jun '26).
The price-to-sales ratio has risen from 2.4× (Mar '23) to 3.4× (Jun '26).
The dividend yield has fallen from 1.8% (Mar '23) to 1.4% (Jun '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?
As of Jun '26, TE Connectivity traded at a price-to-earnings ratio of about 31.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. 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), corporate-action-adjusted ·
growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price
against the latest annual filing. Informational only — not investment advice.