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Not Investment Advice

TEL

NYSE · USD
TE Connectivity plc
Technology · Semiconductors
CEO Terrence R. Curtin Employees 93,000 R&D / revenue 4.9%
Last price
$212.64−0.16%last session
Market cap
$61.6B
P/E (TTM)
20.7x
From 52w high
−15.8%
From 52w low
+11.8%
1-year return
−4.9%
RSI 14 · vs SMA200
49.4 · −0.4%
IS score
76.3/ 100
Factor model across 8 sub-scores, ranked against 3,010 US stocks. Describes the business, not the outlook.
Download full factsheet (PDF)

One year, rebased to 100

TEL   SPY   XLK (sector ETF) · weekly closes
90100110120130140Jan 26Apr 26Jul 26Oct 26XLK 129SPY 116TEL 95

Score DNA

Each bar is a 0-100 score within the scored universe
64
Profitability
70
Growth
54
Value
94
Momentum
100
Risk (safety)
86
Quality
71
Balance sheet
67
Earnings quality

Flags

Strengths
✓ Piotroski 8+✓ FCF yield 5%+✓ Congress buying
Warnings
None of the computed warning flags fires for TEL (Altman, Beneish, accruals, FCF, dilution).
Observations
Moat model: Narrow, Efficient ScalePiotroski 9 / 9Altman Z 4.2Beta 1.162 of 4 smart-money sources active

Smart-money strip

Each disclosure source on its own window. Filings coinciding is not coordination.
INSForm 4 · 180 days
Insider open-market buys
0
2 open-market sales, $4.0M
Form 144 notices (12m): 10, $52.4M proposed, not confirmed sales
CONGSTOCK Act · 180 days
Congressional purchases
8
Last disclosed purchase 2026-09-04
Members disclose in ranges, 30-45 days after the trade
13F13F · quarter to 2026-06-30
Net change in institutional holders
−2
1 new holders, 3 closed
7 filers hold 0.0% · 1 added, 3 trimmed
ETFETF holdings · 30 days
Net funds accumulating
+201
1,228 funds adding shares
1,027 funds trimming · counts of funds, not dollars
DARKFINRA · daily
Short-sale share of off-exchange volume
40.2%
20-day avg 47.0%, 50-day avg 45.9%
Latest 6.8 pp under its 20-day average · a flow, not short interest

Key financials · FY2025

USD, fiscal year. Stock-based compensation is non-cash; shown against FCF.
Income statement
Revenue$17.1B
Revenue growth YoY+7.9%
Gross margin34.6%
Operating income$3.2B
Operating margin18.8%
Net income$1.8B
Net margin10.8%
EPS (diluted)$6.16
Cash flow
Operating cash flow$4.1B
Capital expenditure$936.0M
Free cash flow$3.2B
FCF conversion (FCF / OCF)77.4%
Stock-based compensation$149.0M
FCF less SBC$3.1B
Buybacks$1.3B
Dividends$803.0M
Balance sheet & returns
Cash & short-term investments$1.3B
Total debt$6.2B
Net debt$4.9B
Shareholders' equity$12.7B
Goodwill & intangibles$9.4B
Debt / equity0.43
ROE (TTM)23.2%
ROIC (TTM)13.6%
Operating margin by fiscal year
17.5%FY202117.6%FY202216.6%FY202318.8%FY202418.8%FY2025
Revenue $14.9B (FY2021) to $17.1B (FY2025), a 3.4% CAGR.

Valuation

P/E (TTM)20.7x
EV / EBITDA13.3x
Price / sales3.21x
Price / FCF16.9x
FCF yield5.91%
Buyback yield2.19%
SBC / revenue0.9%
Price / book4.67x
Forward P/E FY202716.3x
Forward P/E FY202814.7x
Forward multiples divide today's price by Street EPS estimates. Street mean target $245.00 across 6 analysts last quarter is theirs, not ours.

TEL vs industry median

196 companies in Semiconductors
Gross margin 35.4% 45.0% Operating margin 19.1% 5.8% Net margin 15.8% 5.7% ROIC 13.6% 6.2%
TEL (TTM)Industry median Asset turnover 0.73 vs industry 0.52 · financial leverage 1.97

Earnings delivery

Next report 2026-10-28 · consensus EPS $3.07
100%
beat rate, 12 of 12 quarters
+3.2%
median EPS surprise
12
longest beat streak
+1+7+2+3+1+3+7+9+7+7+1+3
EPS surprise in % vs the consensus at the time, oldest (left) to newest, 2023-11-01 to 2026-07-22. Bars cap at ±60%.

Peers

Market-cap band, not the industry cohort above
CompanyMkt capP/EROENet marginRev growth12m return
TEL TE Connectivity plc $61.6B20.7x23.2%15.8%+7.9% −4.9%
MPWR Monolithic Power Systems, In $59.5B73.8x21.9%26.2%+28.7% +17.9%
NXPI NXP Semiconductors N.V. $57.8B19.5x28.4%21.9%+8.8% +5.9%
TER Teradyne, Inc. $50.8B44.3x36.7%28.2%+57.9% +133.8%
ALAB Astera Labs, Inc. Common Sto $49.6B131.7x25.8%39.0%+98.5% +74.8%
STM STMicroelectronics N.V. $40.5B87.9x2.6%6.4%+10.3% —
MCHP Microchip Technology Incorpo $40.1B102.3x6.8%15.5%+20.9% —
CRDO Credo Technology Group Holdi $31.9B57.5x30.7%27.0%+165.1% —
12-month window: SPY +15.9%, sector ETF XLK +29.0%. Past returns describe history only.

Recent 8-K filings

2026-10-07Officer/Director Change
2026-07-22Earnings Release; Regulation FD; Exhibits
2026-04-22Earnings Release; Regulation FD; Exhibits
2026-03-11Submission of Matters to a Vote of Security Holders
2026-02-17Entry into Material Definitive Agreement; Termination of Material Definitive Agreement; Creation of Direct Financial Obligation; Financial Statements and Exhibits
2026-02-09Other Events; Financial Statements and Exhibits

Context

Shares outstanding289,513,228
Free float99.9%
Institutional ownership0.0%
Beta1.16
Dividend yield1.40%
Last dividend$0.78 on 2026-11-20
50 / 200-day average$210.46 / $213.74
Large-cap Technology median P/E34.8x

Full factsheet

The PDF carries everything on this page plus the cash-allocation waterfall, Form 144 notices, 13F holder detail, dark-pool and short-flow history, seasonality and the moat assessment (Narrow).

Read it in the browser Download (PDF)

All fundamentals · 140 measures in 13 categories

Percentile = where TEL sits among 76 scored companies in Semiconductors (0 = lowest value, 100 = highest). It is a position, not a grade.
ValuationProfitability (TTM)Returns on capitalGrowthMargin history & stabilityLiquidity (latest quarter)Leverage & solvency (latest quarter)EfficiencyCash flow & earnings qualityDividends & buybacksScores & forensic checksPer shareSize (TTM)

Valuation

MeasureTELIndustry medianIndustry percentileSector median
P/E (TTM) 20.4x 45.9x
14th		 32.0x
PEG (P/E ÷ 3-yr EPS CAGR) 1.24 2.30
28th		 1.36
Price / sales 3.2x 8.1x
21st		 3.9x
Price / book 4.6x 5.5x
44th		 4.4x
Price / tangible book 15.4x 10.3x
66th		 8.8x
Price / free cash flow 16.9x 57.4x
6th		 20.3x
Price / operating cash flow 13.0x 38.7x
9th		 17.9x
Enterprise value $66.0B $6.8B
83rd		 $5.5B
EV / sales 3.4x 8.4x
22nd		 4.1x
EV / EBITDA 13.3x 28.1x
13th		 18.9x
EV / EBIT 16.7x 38.4x
15th		 26.7x
EV / free cash flow 18.1x 57.4x
7th		 21.9x
Earnings yield 4.9% 1.2%
91st		 2.0%
FCF yield 5.9% 1.4%
96th		 3.3%
Operating cash flow yield 7.7% 2.0%
93rd		 4.4%
Graham number (per share) $102.32 $34.80
90th		 $28.08

Profitability (TTM)

MeasureTELIndustry medianIndustry percentileSector median
Gross margin 35.4% 48.5%
28th		 55.7%
EBITDA margin 25.8% 18.7%
61st		 13.7%
Operating margin 19.1% 10.1%
71st		 8.2%
EBIT margin 20.6% 12.1%
68th		 8.6%
Net margin 15.8% 9.4%
65th		 5.7%
NOPAT margin 15.3% 9.3%
71st		 7.0%
FCF margin 19.0% 12.0%
71st		 15.0%
Operating cash flow margin 24.8% 18.3%
68th		 18.4%
R&D / revenue 4.8% 17.5%
12th		 12.9%
SG&A / revenue 11.0% 14.9%
33rd		 25.6%
Stock comp / revenue 0.9% 3.9%
13th		 4.4%
Effective tax rate 20.0% 17.4%
63rd		 21.0%

Returns on capital

MeasureTELIndustry medianIndustry percentileSector median
ROE (on average equity) 23.5% 6.8%
78th		 9.4%
ROA 11.8% 4.2%
77th		 4.1%
ROIC 16.6% 7.9%
67th		 9.0%
ROCE 18.4% 6.6%
77th		 8.6%
Return on tangible assets 15.5% 5.7%
76th		 5.9%
Cash ROIC (OCF / invested capital) 26.9% 14.1%
73rd		 20.7%
Gross profitability (GP / assets) 26.0% 21.5%
57th		 30.0%
ROIC, 3-yr average 13.8% 6.8%
67th		 7.4%
ROIC, 5-yr average 16.2% 16.5%
49th		 7.9%
ROE, 5-yr average 20.9% 10.9%
81st		 6.9%
Incremental ROIC 220.0% 13.4%
99th		 15.3%

Growth

MeasureTELIndustry medianIndustry percentileSector median
Revenue growth (TTM YoY) 15.5% 17.8%
42nd		 14.3%
Revenue growth (QoQ) 8.8% 13.2%
29th		 6.6%
Revenue CAGR, 3 yr 5.4% 3.5%
57th		 9.6%
Revenue CAGR, 5 yr 5.9% 6.5%
45th		 11.5%
Gross profit CAGR, 3 yr 9.9% 2.6%
62nd		 10.9%
Operating income CAGR, 3 yr 10.5% -2.2%
65th		 11.3%
Net income growth (TTM YoY) 107.3% 35.4%
71st		 21.6%
Net income CAGR, 3 yr 13.4% 1.9%
72nd		 9.9%
EPS growth (TTM YoY) 110.8% 37.4%
71st		 22.3%
EPS CAGR, 3 yr 16.5% -0.5%
74th		 11.2%
EPS CAGR, 5 yr 15.1% 7.5%
66th		 12.0%
FCF growth (TTM YoY) 26.2% 31.5%
46th		 24.6%
FCF CAGR, 3 yr 18.5% 2.9%
66th		 19.3%
Operating cash flow CAGR, 3 yr 17.3% 4.1%
66th		 17.9%
Book value CAGR, 3 yr 8.1% 7.2%
53rd		 6.8%
Dividend CAGR, 3 yr 5.3% 1.9%
67th		 3.1%
Sustainable growth rate 16.9% 10.7%
63rd		 14.2%

Margin history & stability

MeasureTELIndustry medianIndustry percentileSector median
Gross margin, 3-yr average 34.8% 47.6%
25th		 53.2%
Operating margin, 3-yr average 19.0% 8.0%
72nd		 6.6%
Net margin, 3-yr average 15.5% 7.9%
69th		 5.2%
FCF margin, 3-yr average 18.3% 11.5%
66th		 12.7%
Revenue stability (0-1) 0.79 0.58
68th		 0.87
Earnings stability (0-1) 0.11 0.36
31st		 0.45
Margin stability (0-1) 0.94 0.93
61st		 0.95

Liquidity (latest quarter)

MeasureTELIndustry medianIndustry percentileSector median
Cash & short-term investments $1.2B $667.9M
65th		 $494.1M
Net cash (− = net debt) −$4.4B $201.8M
9th		 $49.8M
Working capital $4.1B $953.3M
81st		 $391.0M
Current ratio 1.88 3.45
12th		 1.92
Quick ratio 1.23 2.56
7th		 1.67
Cash ratio (cash + ST investments / current liabilities) 0.27 1.60
3rd		 0.95
Defensive interval (days) 582 days 778 days
33rd		 521 days

Leverage & solvency (latest quarter)

MeasureTELIndustry medianIndustry percentileSector median
Total debt $5.6B $307.1M
88th		 $349.3M
Debt / equity 0.43 0.17
68th		 0.29
Net debt / equity 0.33 −0.19
84th		 −0.13
Debt / assets 21.6% 11.2%
67th		 16.9%
Debt / capital 29.8% 14.8%
68th		 22.3%
Debt / EBITDA 1.14 1.14
52nd		 1.78
Net debt / EBITDA 0.89 −0.82
82nd		 −0.18
Interest coverage (EBIT / interest) 65.7x 12.4x
80th		 5.8x
Cash interest coverage 79.0x 15.4x
81st		 12.8x
Debt payback (years of OCF) 1.2 yrs 1.2 yrs
48th		 1.6 yrs
Liabilities / assets 48.6% 30.8%
75th		 48.7%
IS credit model rating AA — —
Implied credit spread (bps) 80 125
19th		 175

Efficiency

MeasureTELIndustry medianIndustry percentileSector median
Asset turnover 0.75 0.52
75th		 0.62
Fixed asset turnover 4.23 4.69
44th		 9.25
Inventory turnover 4.2 2.7
87th		 3.8
Receivables turnover 5.3 6.3
35th		 6.2
Days sales outstanding 68 days 58 days
65th		 59 days
Days inventory outstanding 86 days 137 days
13th		 94 days
Days payables outstanding 65 days 50 days
79th		 46 days
Cash conversion cycle (days) 89 days 129 days
19th		 50 days
Capex / revenue 5.8% 4.5%
61st		 2.3%
Capex / depreciation 1.10 0.94
64th		 0.56
Operating expense ratio 16.6% 32.6%
15th		 44.3%

Cash flow & earnings quality

MeasureTELIndustry medianIndustry percentileSector median
Operating cash flow / net income 1.57 1.34
62nd		 1.61
FCF / net income 1.21 0.88
71st		 1.33
FCF / operating cash flow 76.7% 75.0%
54th		 88.0%
Capex / operating cash flow 23.3% 25.0%
46th		 12.0%
Accruals ratio -6.8% -4.4%
32nd		 -6.3%
Sloan accruals ratio 1.8% 2.2%
48th		 -1.8%
Earnings quality score (0-1) 0.75 0.75
15th		 0.75

Dividends & buybacks

MeasureTELIndustry medianIndustry percentileSector median
Dividend yield 1.4% 0.0%
88th		 0.0%
Dividend per share (TTM) $2.98 $0.00
92nd		 $0.00
Payout ratio (dividends / net income) 28.2% 5.0%
75th		 0.0%
Dividends / FCF 23.4% 0.0%
67th		 0.0%
Dividend growth (YoY) 9.7% 3.6%
63rd		 4.1%
Buyback yield 2.9% 0.1%
93rd		 1.2%
Shareholder yield (dividends + buybacks) 4.3% 0.3%
97th		 1.7%
Share count change (YoY) -1.7% 1.6%
10th		 0.1%
Buybacks, last 5 years $7.8B $67.3M
91st		 $215.3M

Scores & forensic checks

MeasureTELIndustry medianIndustry percentileSector median
IS score 76 59
83rd		 56
IS profitability 64 43
71st		 40
IS growth 70 69
53rd		 65
IS value 54 36
89th		 39
IS momentum 94 79
85th		 78
IS risk (safety) 100 100
12th		 100
IS quality 86 70
89th		 67
IS balance sheet 71 84
31st		 72
IS earnings quality 67 65
57th		 61
IS cash flow 76 58
80th		 66
Piotroski F-score (0-9) 9 6
100th		 6
Altman Z-score 4.2 12.3
13th		 4.0
Beneish M-score −2.71 −2.45
22nd		 −2.58
Ohlson O-score −9.47 −9.33
48th		 −8.00
IS credit score 90 78
76th		 69

Per share

MeasureTELIndustry medianIndustry percentileSector median
EPS, diluted (TTM) $10.29 $1.49
93rd		 $0.84
Book value per share $45.21 $17.90
92nd		 $9.77
Tangible book per share $13.43 $11.01
59th		 $3.22
Revenue per share $65.35 $13.47
96th		 $13.00
FCF per share $12.42 $1.50
99th		 $1.78
Operating cash flow per share $16.18 $2.35
97th		 $2.40
Cash per share $4.23 $6.31
25th		 $4.50

Size (TTM)

MeasureTELIndustry medianIndustry percentileSector median
Market cap $61.6B $6.8B
83rd		 $4.7B
Revenue $19.1B $1.1B
88th		 $1.2B
EBITDA $4.9B $207.9M
87th		 $185.8M
Net income $3.0B $119.3M
87th		 $84.9M
Free cash flow $3.6B $114.6M
87th		 $170.6M
Total assets $26.1B $2.3B
84th		 $2.4B
Shareholders' equity $13.2B $1.4B
85th		 $1.1B
Employees 90,000 2,286
100th		 3,000

Insider transactions, last 6 months

Form 4 · most recent 12
DateInsiderTypeSharesPriceValueOwned after
2026-09-11Shaffer Reuben M.
SVP and Corporate Controller
 Award / grant 5——1,430
2026-09-11Sagar Malavika
SVP, Chief Human Resources Off
 Award / grant 4——1,051
2026-06-12Shaffer Reuben M.
SVP and Corporate Controller
 Award / grant 5——1,425
2026-06-12Sagar Malavika
SVP, Chief Human Resources Off
 Award / grant 4——1,047
2026-06-01Kroeger Shadrak W
Pres., Industrial Solutions
 Option exercise 9,400$93.63$880,12235,376
2026-06-01Kroeger Shadrak W
Pres., Industrial Solutions
 Open-market sale 9,400$215.00$2.0M25,976
2026-06-01Kroeger Shadrak W
Pres., Industrial Solutions
 Option exercise 9,400$93.63$880,1220
2026-05-15Sagar Malavika
SVP, Chief Human Resources Off
 Option exercise 1,043——6,798
2026-05-15Sagar Malavika
SVP, Chief Human Resources Off
 Tax withholding 297$203.15$60,3676,500
2026-05-15Sagar Malavika
SVP, Chief Human Resources Off
 Option exercise 1,043——1,043
2026-05-06Kroeger Shadrak W
Pres., Industrial Solutions
 Option exercise 9,400$93.63$880,12235,376
2026-05-06Kroeger Shadrak W
Pres., Industrial Solutions
 Open-market sale 9,400$215.00$2.0M25,976

Shares acquired vs disposed, by month

acquired disposed · all Form 4 types
MarAprMayJunSep

By transaction type, 6 months

TypeDirectionFilingsSharesValue
Award / grantAcquired418—
Open-market saleDisposed218,800$4.0M
Option exerciseDisposed319,843$1.8M
Option exerciseAcquired319,843$1.8M
Tax withholdingDisposed1297$60,367
Awards, option exercises and tax withholding are compensation mechanics; open-market buys and sales are the discretionary ones.

Form 144 notices

12 months: 10 notices · 222,640 shares · $52.4M
FiledFilerShares proposedEst. proceeds
2026-06-01Shadrak Kroeger9,400$2.0M
2026-02-13Shadrak Kroeger6,566$1.5M
2026-02-13Shadrak Kroeger37,600$8.5M
2026-02-13Reuben Shaffer1,426$334,006
A Form 144 is notice of a proposed sale, not a confirmed one.

Congress trades

12 months: House 11 trades (10 purchases) · Senate 0 (0 purchases)
TradedMemberChamberTypeAmountDisclosed
2026-09-04Ro KhannaHousePurchase$1,001 - $15,0002026-10-09
2026-07-07Ro KhannaHousePurchase$1,001 - $15,0002026-08-12
2026-06-05Gilbert CisnerosHousePurchase$1,001 - $15,0002026-07-03
2026-06-05Gilbert CisnerosHousePurchase$1,001 - $15,0002026-07-03
2024-05-03Tommy TubervilleSenateSale (Full)$1,001 - $15,0002024-06-14
2024-05-03Tommy TubervilleSenateSale (Full)$1,001 - $15,0002024-06-13
2024-05-03Thomas Hawley TubervilleSenateSale (Full)$1,001 - $15,0002024-06-13
2024-04-05Tommy TubervilleSenatePurchase$1,001 - $15,0002024-05-15
STOCK Act disclosures, in ranges, filed up to 45 days after the trade.

Largest 13F holders

Quarter to 2026-06-30, the latest most managers have filed
ManagerSharesValue% of shares out
Mn Services Vermogensbeheer B.V.85,253$17.2M0.03%
FERGUSON WELLMAN CAPITAL MANAGEMENT, INC4,292$865,3100.00%
Harvest Fund Management Co., Ltd164$33,0000.00%
Asset Planning,Inc164$33,0640.00%
Joseph Group Capital Management59$11,8950.00%
Byrne Asset Management LLC28$5,6450.00%
HUNTINGTON NATIONAL BANK1$1510.00%

Institutional ownership by quarter

2023-092026-060.0%
% of shares held by 13F filers
2023-092026-067
Number of 13F filers holding

Holder changes by quarter

QuarterHoldersOwnershipNewIncreasedReducedClosed
2026-06-3070.0%1133
2026-03-3190.1%1320
2025-12-3180.0%1211
2025-09-3090.1%3101
2025-06-3080.1%1122
2025-03-3190.1%1233
2024-12-31120.1%32352
2024-09-30640.6%51528919
2024-06-3099196.4%9835536074
2024-03-3198297.0%9834037073
2023-12-3196897.7%13732734256
2023-09-3090597.8%10331330868

Schedule 13D / 13G filers

FiledFormFiler% of classShares
2026-04-28SCHEDULE 13GVanguard Capital Management7.5%21,919,466
2026-04-28SCHEDULE 13GVanguard Portfolio Management5.7%16,620,667
2025-09-29SCHEDULE 13G/AThe Vanguard Group12.7%37,881,410
2025-04-23SCHEDULE 13G/ABlackRock, Inc.6.2%18,450,686
Required above 5% of a class; 13G is the passive form.

ETFs with the largest holding

ETFWeight in fundHolding value
VITSX0.08%$1.9B
VSMPX0.08%$1.9B
VTSAX0.08%$1.9B
VTI0.08%$1.9B
VFINX0.09%$1.6B
VFIAX0.09%$1.6B

Share structure

Shares outstanding289,513,228
Float289,197,431
Free float99.9%

Income statement

Fiscal years, USD
FY2021FY2022FY2023FY2024FY2025
Revenue$14.9B$16.3B$16.0B$15.8B$17.1B
Cost of revenue$10.2B$11.2B$11.1B$10.5B$11.2B
Gross profit$4.7B$5.1B$5.0B$5.3B$5.9B
R&D$612.0M$610.0M$593.0M$621.0M$829.0M
SG&A$1.5B$1.7B$1.7B$1.7B$1.9B
Operating income$2.6B$2.9B$2.7B$3.0B$3.2B
EBITDA$3.2B$3.6B$3.1B$3.7B$4.1B
Pretax income$2.4B$2.7B$2.3B$2.8B$3.2B
Income tax$123.0M$306.0M$364.0M−$397.0M$1.4B
Net income$2.3B$2.4B$1.9B$3.2B$1.8B
EPS, diluted$6.79$7.47$6.03$10.33$6.16
Diluted shares333.0M325.0M317.0M309.0M299.0M

Balance sheet

FY2021FY2022FY2023FY2024FY2025
Cash & short-term investments$1.2B$1.1B$1.7B$1.3B$1.3B
Receivables$2.9B$2.9B$3.0B$3.1B$3.4B
Inventory$2.5B$2.7B$2.6B$2.5B$2.7B
Total current assets$7.3B$7.3B$7.9B$7.6B$8.0B
PP&E, net$3.8B$3.6B$3.8B$3.9B$4.3B
Goodwill & intangibles$7.1B$6.5B$6.6B$7.0B$9.4B
Total assets$21.5B$20.8B$21.7B$22.9B$25.1B
Accounts payable$1.9B$1.6B$1.6B$1.7B$2.0B
Total current liabilities$4.7B$4.6B$4.5B$4.7B$5.1B
Long-term debt$3.6B$3.3B$3.5B$3.3B$5.2B
Total liabilities$10.7B$9.9B$10.1B$10.4B$12.4B
Shareholders' equity$10.7B$10.9B$11.7B$12.5B$12.7B

Cash flow statement

Outflows are negative
FY2021FY2022FY2023FY2024FY2025
Net income$2.3B$2.4B$1.9B$3.2B$1.8B
Depreciation & amortization$769.0M$785.0M$794.0M$826.0M$838.0M
Stock-based compensation$94.0M$119.0M$123.0M$127.0M$149.0M
Change in working capital−$193.0M−$940.0M$8.0M−$143.0M$88.0M
Operating cash flow$2.7B$2.5B$3.1B$3.5B$4.1B
Capital expenditure−$690.0M−$768.0M−$732.0M−$680.0M−$936.0M
Free cash flow$2.0B$1.7B$2.4B$2.8B$3.2B
Investing cash flow−$1.0B−$878.0M−$768.0M−$950.0M−$3.6B
Net debt issued / repaid−$47.0M$400.0M−$132.0M−$79.0M$1.4B
Buybacks−$831.0M−$1.4B−$945.0M−$2.1B−$1.3B
Dividends paid−$647.0M−$685.0M−$725.0M−$760.0M−$803.0M

Ratio history

Margins on the fiscal-year (TTM at Q4) basis; multiples at each year end
FY2021FY2022FY2023FY2024FY2025
Gross margin32.1%32.2%31.4%34.4%34.6%
Operating margin17.5%17.6%16.6%18.8%18.8%
Net margin15.2%14.9%11.9%20.2%10.8%
FCF margin13.3%10.4%15.0%17.7%18.7%
ROE22.6%22.7%17.1%26.7%14.8%
ROIC18.2%18.1%15.7%22.1%10.3%
ROA11.1%11.5%9.0%14.3%7.7%
Debt / equity0.400.400.370.350.52
Interest coverage43.5x42.4x29.4x41.0x42.6x
Current ratio1.561.571.771.611.56
Revenue growth+22.6%+9.1%−1.5%−1.2%+7.9%
EPS growth+1,041.0%+10.7%−20.1%+73.2%−41.0%
P/E at year end18.7x13.8x19.7x14.1x35.0x
EV / EBITDA at year end14.0x10.2x12.7x13.0x16.9x
FCF yield at year end4.69%5.07%6.38%6.19%4.97%
Dividend payout28.6%28.2%38.0%23.8%43.6%

Revenue by segment

FY2021FY2022FY2023FY2024FY2025
Transportation Solutions$9.0B$9.2B$9.6B—$9.4B
Industrial Solutions$3.8B$4.5B$4.6B—$7.9B
U [S]———$4.0B—
C [H]———$3.9B—
CHINA———$3.6B—
Communications Solutions$2.1B$2.5B$1.9B——
Other Asia-Pacific———$1.8B—
Other Europe/Middle East/Africa———$1.8B—
Other America———$559.0M—
D [E]———$236.0M—

Revenue by region · FY2025

Americas$9.4B · 22%
E M E A$7.4B · 17%
Asia Pacific$6.6B · 15%
CHINA$4.6B · 11%
U [S]$4.4B · 10%
C [H]$3.9B · 9%
Other Asia-Pacific$1.9B · 5%
Other Asia Pacific$1.9B · 5%
Other Europe/Middle East/Africa$1.7B · 4%
Other America$560.0M · 1%
D [E]$193.0M · 0%

Street estimates by fiscal year

Next report 2026-10-28 · consensus EPS $3.07 · these are analysts' numbers, not ours
Fiscal yearRevenue (mean)Revenue rangeEPS (mean)EPS rangeAnalystsP/E on mean EPS
2026$19.9B$19.8B – $19.9B$11.45$11.39 – $11.60918.6x
2027$21.8B$21.6B – $21.9B$13.06$12.58 – $13.83816.3x
2028$23.3B$22.6B – $23.9B$14.51$13.74 – $15.22414.7x

Reported vs expected, every quarter on file

ReportedEPS expectedEPS actualEPS surpriseRevenue expectedRevenue actualRevenue surprise
2026-07-22$2.85$2.94+3.2%$5.0B$5.2B+2.9%
2026-04-22$2.69$2.73+1.5%$4.7B$4.7B−0.0%
2026-01-21$2.55$2.72+6.7%$4.5B$4.7B+3.1%
2025-10-29$2.29$2.44+6.6%$4.6B$4.6B−0.1%
2025-07-23$2.08$2.27+9.1%$4.3B$4.5B+4.9%
2025-04-23$1.96$2.10+7.1%$4.0B$4.1B+4.4%
2025-01-22$1.89$1.95+3.2%$3.9B$3.8B−1.8%
2024-10-30$1.94$1.95+0.5%$4.0B$4.1B+1.8%
2024-07-24$1.86$1.91+2.7%$4.0B$4.0B−0.9%
2024-04-24$1.83$1.86+1.6%$4.0B$4.0B+0.2%
2024-01-24$1.72$1.84+7.0%$3.9B$3.8B−0.8%
2023-11-01$1.76$1.78+1.1%$3.9B$4.0B+4.7%
2023-07-26$1.66$1.77+6.6%$4.0B$4.0B−0.2%
2023-04-26$1.58$1.65+4.4%$3.9B$4.2B+6.2%
2023-01-25$1.51$1.53+1.3%$3.9B$3.8B−1.7%
2022-11-02$1.87$1.88+0.5%$4.2B$4.4B+3.5%
2022-07-27$1.75$1.86+6.3%$3.9B$4.1B+5.1%
2022-04-27$1.70$1.81+6.5%$3.8B$4.0B+5.3%
2022-01-26$1.61$1.76+9.3%$3.7B$3.8B+2.0%
2021-10-27$1.65$1.69+2.4%$3.8B$3.8B+0.2%
2021-07-28$1.58$1.79+13.3%$3.8B$3.8B+0.8%
2021-04-21$1.48$1.57+6.1%$3.5B$3.7B+6.2%
2021-01-27$1.28$1.47+14.8%$3.0B$3.5B+17.4%
2020-10-28$0.86$1.16+34.9%$7.2B$3.3B−54.8%

Off-exchange (dark pool) volume, weekly

FINRA ATS, $ billions · through the week of 2026-08-31 (FINRA publishes with a delay)
0.606-150.806-220.606-290.707-060.507-131.407-200.907-270.608-030.408-100.508-170.408-240.708-31
Week ofNotionalSharesTrades
2026-08-31$656.5M3,197,01164,146
2026-08-24$439.7M2,175,39047,003
2026-08-17$465.3M2,259,76056,563
2026-08-10$383.2M1,774,95246,263
2026-08-03$592.9M2,792,10863,887
2026-07-27$938.0M4,508,08086,861

Short-sale share of off-exchange volume

daily 20-day average
07-2310-1540.2%
DateShort shareShort volumeTotal volume
2026-10-1540.2%426,5651,061,155
2026-10-1437.5%303,545809,463
2026-10-1336.1%284,827789,948
2026-10-1241.8%262,508628,397
2026-10-0942.4%311,160734,111
2026-10-0857.7%309,723536,719
2026-10-0761.6%311,518505,375
2026-10-0641.7%217,613521,636
2026-10-0553.3%215,227403,608
2026-10-0237.4%175,701470,413
A daily flow measure from FINRA, not short interest.

Seasonality

Average return by calendar month
+0.3Jan-0.6Feb-0.4Mar+6.0Apr+1.0May-0.6Jun+4.2Jul-0.1Aug-1.1Sep+1.3Oct+2.0Nov+1.8Dec
MonthAvg returnUp yearsYears
Jan+0.3%58%19
Feb−0.6%63%19
Mar−0.4%42%19
Apr+6.0%56%18
May+1.0%72%18
Jun−0.6%47%19
Jul+4.2%68%19
Aug−0.1%58%19
Sep−1.1%53%19
Oct+1.3%42%19
Nov+2.0%79%19
Dec+1.8%63%19
History, not a forecast.

Indicators

as of 2026-10-16
RSI 1449.4
MFI36.5
ADX15.8
Stochastic %K / %D26.2 / 32.4
Williams %R-67.4
CCI-62
TSI / signal6.6 / 9.7
Chaikin money flow0.16
ATR$5.46
Bollinger width5.7%
Volume vs 20-day avg0.88x
SupertrendUp

Moving averages and bands

level (price vs level)
SMA 20$215.13 (−1.2%)
SMA 50$210.24 (+1.1%)
SMA 200$213.45 (−0.4%)
EMA 21$213.64 (−0.5%)
EMA 50$211.24 (+0.7%)
EMA 200$209.60 (+1.5%)
Bollinger upper$221.22 (−3.9%)
Bollinger lower$209.03 (+1.7%)
Parabolic SAR$221.08 (−3.8%)
Open the live chart, 110+ indicators

About TE Connectivity plc

TE Connectivity plc, together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the Asia–Pacific, and the Americas. The company operates through two reportable segments, Transportation Solutions and Industrial Solutions. It provides antennas, application tooling, cable assemblies, connectors, electromagnetic compatibility/electromagnetic interference solutions, energy and power, fiber optics, heat shrink tubing, identification and labeling, medical components, passive components, relays and contactors, sensors, switches, terminals and splices, wires and cables, and wire protection and management solutions. The company also offers training and other services, including 3D printing for production, back shells prototyping, electrical installation training, HarnWare software, machine tooling service and repair, medical device design services, microfluidic devices, and sensor manufacturing services as well as conducts automotive webinars. It serves 5G and wireless equipment, aerospace, appliances, automation and control, automotive, autosport, commercial and industrial vehicles, connected home, data centers and artificial intelligence, defense and military, energy solutions, e-mobility, industrial machinery, intelligent buildings, IoT connectivity, medical technologies, oil and gas/marine, personal electronics and wearable technology, rail, sensor applications, space, and other industries. The company was formerly known as Tyco Electronics Ltd. and changed its name to TE Connectivity plc in March 2011. TE Connectivity plc was founded in 1941 and is based in Ballybrit, Ireland.

https://www.te.com

Key executives

NameTitlePayBorn
Terrence R. CurtinChief Executive Officer & Executive Director$5.0M1968
Aaron Kyle StuckiPresident of Transportation Solutions$3.8M1974
Heath A. MittsChief Financial Officer, Executive Vice President & Executive Director$2.2M1971
Shadrak W. KroegerPresident of Industrial Solutions Segment$1.8M1969
John S. Jenkins Jr.Executive Vice President & General Counsel$1.6M1966
Jeanne QuirkSenior Vice President of Mergers & Acquisitions—1970
Jim TobojkaSenior Vice President of Operations——
Malavika SagarSenior Vice President & Chief Human Resources Officer—1982

Executive pay, latest proxy

ExecutiveYearSalaryStock awardsIncentiveTotal
Terrence R. Curtin Chief Executive Officer (PEO)2023$1.3M$6.4M$2.1M$16.7M
Heath A. Mitts EVP & Chief Financial Officer (PFO)2023$761,265$1.9M$976,673$5.7M
Steven T. Merkt President, Transportation Solutions2023$686,842$1.3M$770,637$4.2M
Aaron K. Stucki President, Communication Solutions2023$568,636$851,717$497,051$4.0M
John S. Jenkins EVP & General Counsel2023$673,049$1.1M$589,488$3.5M

Employees

80k201878k201982k202089k202192k202290k202387k202493k2025

Dividends

Ex-dateAmountPaid
2026-11-20$0.782026-12-11
2026-08-21$0.782026-09-11
2026-05-22$0.782026-06-12
2026-02-20$0.712026-03-13
2025-11-21$0.712025-12-12
2025-08-22$0.712025-09-12
2025-05-21$0.712025-06-10
2025-02-21$0.652025-03-07

Moat model

Narrow · Efficient Scale · 2026-06-26
Cost advantage75
Intangibles64
Switching costs58
Network effect55
Efficient scale95
Our component scores (0-100) and overall 68.0; a model of the business, not a call on the stock.
InsiderStreet reports findings from filings and market data. Nothing on this page is a recommendation to buy or sell.Every figure is computed in code · data as of 2026-10-17

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