TE Connectivity (TEL) Financial Statements
Price: $146.17
Market Cap: $43.61B
Avg Volume: 1.59M
Market Cap: $43.61B
Avg Volume: 1.59M
Country: CH
Industry: Hardware, Equipment & Parts
Sector: Technology
Industry: Hardware, Equipment & Parts
Sector: Technology
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of TE Connectivity.
Income Statement
| Breakdown | September 27, 2024 | September 29, 2023 | September 30, 2022 | September 24, 2021 | September 25, 2020 | September 27, 2019 | September 28, 2018 | September 29, 2017 | September 30, 2016 | September 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.85B | $16.03B | $16.28B | $14.92B | $12.17B | $13.45B | $13.99B | $13.11B | $12.24B | $12.23B |
| Cost of Revenue | $10.39B | $10.98B | $11.04B | $10.04B | $8.44B | $9.05B | $9.24B | $8.66B | $8.21B | $8.15B |
| Gross Profit | $5.46B | $5.05B | $5.24B | $4.89B | $3.73B | $4.39B | $4.75B | $4.45B | $4.03B | $4.09B |
| Gross Profit Ratio | 34.43% | 31.50% | 32.21% | 32.70% | 30.69% | 32.67% | 33.92% | 33.94% | 32.95% | 33.41% |
| Research and Development Expenses | $741.00M | $708.00M | $718.00M | $677.00M | $613.00M | $644.00M | $680.00M | $658.00M | $644.00M | $627.00M |
| General and Administrative Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $1.73B | $1.67B | $1.58B | $1.51B | $1.39B | $1.49B | $1.59B | $1.59B | $1.46B | $1.50B |
| Other Expenses | $- | $-16.00M | $28.00M | $-17.00M | $20.00M | $2.00M | $1.00M | $-9.00M | $-632.00M | $-55.00M |
| Operating Expenses | $2.47B | $2.38B | $2.30B | $2.19B | $2.00B | $2.13B | $2.27B | $2.25B | $2.11B | $2.13B |
| Cost and Expenses | $12.86B | $13.36B | $13.34B | $12.22B | $10.44B | $11.19B | $11.52B | $10.91B | $10.31B | $10.28B |
| Interest Income | $87.00M | $60.00M | $15.00M | $17.00M | $15.00M | $19.00M | $15.00M | $20.00M | $19.00M | $17.00M |
| Interest Expense | $70.00M | $80.00M | $66.00M | $56.00M | $48.00M | $68.00M | $107.00M | $130.00M | $127.00M | $136.00M |
| Depreciation and Amortization | $826.00M | $794.00M | $785.00M | $769.00M | $711.00M | $690.00M | $667.00M | $611.00M | $585.00M | $616.00M |
| EBITDA | $3.85B | $3.14B | $3.58B | $3.48B | $1.28B | $2.69B | $3.01B | $2.46B | $1.87B | $2.33B |
| EBITDA Ratio | 24.29% | 21.92% | 23.16% | 23.23% | 20.34% | 22.09% | 22.55% | 21.71% | 15.51% | 20.71% |
| Operating Income | $2.98B | $2.30B | $2.76B | $2.43B | $1.76B | $1.98B | $2.33B | $2.05B | $1.90B | $1.75B |
| Operating Income Ratio | 18.83% | 14.37% | 16.93% | 16.31% | 14.50% | 14.71% | 16.66% | 15.61% | 15.54% | 14.30% |
| Total Other Income Expenses Net | $-186.00M | $-36.00M | $-23.00M | $-234.00M | $-13.00M | $-47.00M | $-91.00M | $-156.00M | $-646.00M | $-174.00M |
| Income Before Tax | $2.80B | $2.27B | $2.73B | $2.38B | $524.00M | $1.93B | $2.24B | $1.93B | $1.16B | $1.57B |
| Income Before Tax Ratio | 17.65% | 14.14% | 16.79% | 15.94% | 4.30% | 14.36% | 16.01% | 14.70% | 9.50% | 12.88% |
| Income Tax Expense | $-397.00M | $364.00M | $306.00M | $123.00M | $783.00M | $-15.00M | $-344.00M | $255.00M | $-779.00M | $337.00M |
| Net Income | $3.19B | $1.91B | $2.43B | $2.26B | $-259.00M | $1.84B | $2.56B | $1.68B | $2.01B | $2.42B |
| Net Income Ratio | 20.15% | 11.91% | 14.91% | 15.15% | -2.13% | 13.71% | 18.34% | 12.83% | 16.42% | 19.78% |
| EPS | $10.40 | $6.06 | $7.52 | $6.85 | $-0.78 | $5.71 | $7.33 | $4.74 | $5.49 | $5.98 |
| EPS Diluted | $10.33 | $6.03 | $7.47 | $6.79 | $-0.78 | $5.68 | $7.27 | $4.70 | $5.44 | $5.89 |
| Weighted Average Shares Outstanding | 307.00M | 315.00M | 323.00M | 330.00M | 332.00M | 338.00M | 350.00M | 355.00M | 366.00M | 405.00M |
| Weighted Average Shares Outstanding Diluted | 309.00M | 317.00M | 325.00M | 333.00M | 332.00M | 340.00M | 353.00M | 358.00M | 369.00M | 411.00M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | September 27, 2024 | September 29, 2023 | September 30, 2022 | September 24, 2021 | September 25, 2020 | September 27, 2019 | September 28, 2018 | September 29, 2017 | September 30, 2016 | September 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $1.32B | $1.66B | $1.09B | $1.20B | $945.00M | $927.00M | $848.00M | $1.22B | $647.00M | $3.33B |
| Short Term Investments | $- | $- | $- | $7.00M | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $1.32B | $1.66B | $1.09B | $1.20B | $945.00M | $927.00M | $848.00M | $1.22B | $647.00M | $3.33B |
| Net Receivables | $3.06B | $2.97B | $2.87B | $2.93B | $2.38B | $2.32B | $2.36B | $2.14B | $2.05B | $2.12B |
| Inventory | $2.52B | $2.55B | $2.68B | $2.51B | $1.95B | $1.84B | $1.86B | $1.81B | $1.60B | $1.61B |
| Other Current Assets | $740.00M | $712.00M | $1.28B | $1.24B | $1.02B | $942.00M | $1.79B | $923.00M | $972.00M | $1.30B |
| Total Current Assets | $7.63B | $7.89B | $7.27B | $7.26B | $5.78B | $5.55B | $6.20B | $5.93B | $4.78B | $7.89B |
| Property Plant Equipment Net | $3.90B | $3.75B | $3.57B | $3.78B | $3.65B | $3.57B | $3.50B | $3.40B | $3.05B | $2.92B |
| Goodwill | $5.80B | $5.46B | $5.26B | $5.59B | $5.22B | $5.74B | $5.68B | $5.65B | $5.53B | $4.82B |
| Intangible Assets | $1.17B | $1.18B | $1.29B | $1.55B | $1.59B | $1.60B | $1.70B | $1.84B | $1.88B | $1.55B |
| Goodwill and Intangible Assets | $6.97B | $6.64B | $6.55B | $7.14B | $6.82B | $7.34B | $7.39B | $7.49B | $7.41B | $6.38B |
| Long Term Investments | $- | $79.00M | $172.00M | $18.00M | $4.00M | $19.00M | $- | $- | $12.00M | $964.00M |
| Tax Assets | $3.50B | $2.60B | $2.50B | $2.50B | $2.18B | $2.78B | $2.14B | $2.14B | $2.07B | $2.14B |
| Other Non-Current Assets | $848.00M | $749.00M | $731.00M | $765.00M | $809.00M | $435.00M | $1.16B | $444.00M | $287.00M | $314.00M |
| Total Non-Current Assets | $15.22B | $13.82B | $13.51B | $14.20B | $13.46B | $14.14B | $14.19B | $13.48B | $12.83B | $12.72B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $22.85B | $21.71B | $20.78B | $21.46B | $19.24B | $19.69B | $20.39B | $19.40B | $17.61B | $20.61B |
| Account Payables | $1.73B | $1.56B | $1.59B | $1.91B | $1.28B | $1.36B | $1.55B | $1.39B | $1.09B | $1.14B |
| Short Term Debt | $871.00M | $800.00M | $1.04B | $621.00M | $810.00M | $570.00M | $963.00M | $710.00M | $331.00M | $500.00M |
| Tax Payables | $113.00M | $365.00M | $162.00M | $146.00M | $113.00M | $94.00M | $109.00M | $121.00M | $149.00M | $198.00M |
| Deferred Revenue | $- | $74.00M | $63.00M | $51.00M | $47.00M | $36.00M | $27.00M | $75.00M | $208.00M | $185.00M |
| Other Current Liabilities | $2.03B | $1.66B | $1.77B | $1.93B | $1.44B | $1.48B | $1.76B | $1.60B | $1.29B | $1.55B |
| Total Current Liabilities | $4.75B | $4.46B | $4.63B | $4.66B | $3.69B | $3.54B | $4.41B | $3.85B | $3.07B | $3.58B |
| Long Term Debt | $3.33B | $3.81B | $3.29B | $3.92B | $3.80B | $3.40B | $3.04B | $3.63B | $3.74B | $3.40B |
| Deferred Revenue Non-Current | $- | $1.09B | $- | $1.44B | $1.59B | $1.61B | $-706.00M | $1.45B | $1.75B | $3.28B |
| Deferred Tax Liabilities Non-Current | $199.00M | $185.00M | $244.00M | $181.00M | $143.00M | $156.00M | $207.00M | $236.00M | $207.00M | $329.00M |
| Other Non-Current Liabilities | $2.09B | $1.60B | $1.72B | $1.95B | $2.12B | $2.03B | $1.90B | $1.94B | $2.11B | $3.71B |
| Total Non-Current Liabilities | $5.62B | $5.59B | $5.25B | $6.06B | $6.06B | $5.58B | $5.14B | $5.80B | $6.06B | $7.45B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $10.37B | $10.06B | $9.88B | $10.71B | $9.75B | $9.12B | $9.55B | $9.65B | $9.12B | $11.02B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $139.00M | $142.00M | $146.00M | $148.00M | $149.00M | $154.00M | $157.00M | $157.00M | $168.00M | $182.00M |
| Retained Earnings | $14.53B | $12.95B | $12.83B | $11.71B | $10.35B | $12.26B | $12.11B | $10.18B | $8.68B | $6.67B |
| Accumulated Other Comprehensive Income Loss | $5.00M | $-158.00M | $-495.00M | $-168.00M | $-445.00M | $-503.00M | $-306.00M | $-160.00M | $-542.00M | $-373.00M |
| Other Total Stockholders Equity | $-2.32B | $-1.38B | $-1.68B | $-1.05B | $-669.00M | $-1.34B | $-1.13B | $-421.00M | $177.00M | $3.10B |
| Total Stockholders Equity | $12.36B | $11.55B | $10.80B | $10.63B | $9.38B | $10.57B | $10.83B | $9.75B | $8.48B | $9.59B |
| Total Equity | $12.49B | $11.65B | $10.90B | $10.75B | $9.49B | $10.57B | $10.83B | $9.75B | $8.48B | $9.59B |
| Total Liabilities and Stockholders Equity | $22.85B | $21.71B | $20.78B | $21.46B | $19.24B | $19.69B | $20.39B | $19.40B | $17.61B | $20.61B |
| Minority Interest | $131.00M | $104.00M | $95.00M | $114.00M | $112.00M | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $22.85B | $21.71B | $20.78B | $21.46B | $19.24B | $19.69B | $20.39B | $19.40B | $17.61B | $20.61B |
| Total Investments | $- | $79.00M | $172.00M | $18.00M | $4.00M | $19.00M | $- | $- | $12.00M | $964.00M |
| Total Debt | $4.20B | $4.21B | $4.21B | $4.09B | $4.15B | $3.96B | $4.00B | $4.34B | $4.07B | $3.90B |
| Net Debt | $2.88B | $2.55B | $3.12B | $2.89B | $3.20B | $3.04B | $3.15B | $3.13B | $3.42B | $574.00M |
Cash Flow Statement
| Breakdown | September 27, 2024 | September 29, 2023 | September 30, 2022 | September 24, 2021 | September 25, 2020 | September 27, 2019 | September 28, 2018 | September 29, 2017 | September 30, 2016 | September 25, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $3.19B | $1.90B | $2.43B | $2.25B | $-259.00M | $1.95B | $2.58B | $1.67B | $1.94B | $1.24B |
| Depreciation and Amortization | $826.00M | $794.00M | $785.00M | $769.00M | $711.00M | $690.00M | $667.00M | $635.00M | $585.00M | $616.00M |
| Deferred Income Tax | $-789.00M | $-77.00M | $-147.00M | $-354.00M | $535.00M | $-218.00M | $-791.00M | $-67.00M | $810.00M | $92.00M |
| Stock Based Compensation | $127.00M | $123.00M | $119.00M | $94.00M | $74.00M | $75.00M | $95.00M | $99.00M | $91.00M | $89.00M |
| Change in Working Capital | $-143.00M | $8.00M | $-940.00M | $-193.00M | $-146.00M | $-133.00M | $-289.00M | $-47.00M | $-1.38B | $-578.00M |
| Accounts Receivables | $57.00M | $-146.00M | $200.00M | $-518.00M | $-63.00M | $31.00M | $-269.00M | $-253.00M | $116.00M | $-210.00M |
| Inventory | $-30.00M | $-45.00M | $-41.00M | $-556.00M | $-89.00M | $64.00M | $-247.00M | $-211.00M | $16.00M | $-220.00M |
| Accounts Payables | $159.00M | $-1.00M | $-396.00M | $560.00M | $-80.00M | $-178.00M | $201.00M | $308.00M | $-100.00M | $-22.00M |
| Other Working Capital | $-329.00M | $200.00M | $-703.00M | $321.00M | $86.00M | $-50.00M | $26.00M | $109.00M | $-1.42B | $-126.00M |
| Other Non Cash Items | $262.00M | $380.00M | $224.00M | $105.00M | $1.08B | $62.00M | $185.00M | $28.00M | $-122.00M | $456.00M |
| Net Cash Provided by Operating Activities | $3.48B | $3.13B | $2.47B | $2.68B | $1.99B | $2.42B | $2.45B | $2.32B | $1.92B | $1.91B |
| Investments in Property Plant and Equipment | $-680.00M | $-732.00M | $-768.00M | $-690.00M | $-560.00M | $-749.00M | $-935.00M | $-702.00M | $-628.00M | $-600.00M |
| Acquisitions Net | $-280.00M | $-62.00M | $-220.00M | $-423.00M | $-339.00M | $-283.00M | $-153.00M | $-246.00M | $-1.00B | $-1.73B |
| Purchases of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Sales Maturities of Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Investing Activities | $10.00M | $26.00M | $110.00M | $76.00M | $34.00M | $340.00M | $-6.00M | $16.00M | $50.00M | $2.96B |
| Net Cash Used for Investing Activities | $-950.00M | $-768.00M | $-878.00M | $-1.04B | $-865.00M | $-692.00M | $-1.09B | $-932.00M | $-1.58B | $636.00M |
| Debt Repayment | $-79.00M | $-132.00M | $400.00M | $-47.00M | $22.00M | $4.00M | $-319.00M | $259.00M | $181.00M | $-184.00M |
| Common Stock Issued | $89.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock Repurchased | $-2.06B | $-945.00M | $-1.41B | $-831.00M | $-523.00M | $-1.09B | $-879.00M | $-614.00M | $-2.79B | $-1.02B |
| Dividends Paid | $-760.00M | $-725.00M | $-685.00M | $-647.00M | $-625.00M | $-608.00M | $-588.00M | $-546.00M | $-509.00M | $-502.00M |
| Other Financing Activities | $-57.00M | $9.00M | $13.00M | $139.00M | $21.00M | $52.00M | $64.00M | $87.00M | $60.00M | $103.00M |
| Net Cash Used Provided by Financing Activities | $-2.87B | $-1.79B | $-1.68B | $-1.39B | $-1.10B | $-1.64B | $-1.72B | $-814.00M | $-3.03B | $-1.61B |
| Effect of Forex Changes on Cash | $- | $2.00M | $-21.00M | $5.00M | $-4.00M | $-8.00M | $-5.00M | $-4.00M | $7.00M | $-71.00M |
| Net Change in Cash | $-342.00M | $573.00M | $-115.00M | $258.00M | $18.00M | $79.00M | $-370.00M | $571.00M | $-2.68B | $872.00M |
| Cash at End of Period | $1.32B | $1.66B | $1.09B | $1.20B | $945.00M | $927.00M | $848.00M | $1.22B | $647.00M | $3.33B |
| Cash at Beginning of Period | $1.66B | $1.09B | $1.20B | $945.00M | $927.00M | $848.00M | $1.22B | $647.00M | $3.33B | $2.46B |
| Operating Cash Flow | $3.48B | $3.13B | $2.47B | $2.68B | $1.99B | $2.42B | $2.45B | $2.32B | $1.92B | $1.91B |
| Capital Expenditure | $-680.00M | $-732.00M | $-768.00M | $-690.00M | $-560.00M | $-749.00M | $-935.00M | $-702.00M | $-628.00M | $-600.00M |
| Free Cash Flow | $2.80B | $2.40B | $1.70B | $1.99B | $1.43B | $1.67B | $1.52B | $1.62B | $1.29B | $1.31B |