TE Connectivity Ltd.

TEL Technology Electronic Components

TE Connectivity Ltd.’s revenue for fiscal 2026 (year ended September 2026) was $19.9 billion, up 15.2% from fiscal 2025.

Revenue
+11.9%
EPS
+38.4%
Free cash flow
+7.54%
Total debt
+6.09%

Quarter to September 2026, against a year earlier

208.18 1.82 +0.88%
Market cap
$59.3B
P/E
18.6×
Fwd P/E
19.1×
Dividend yield
1.43%
F-score
9/9
Altman Z
5.04
Beneish M
−2.63
Dividend safety
66/100

Revenue by segment Fiscal 2025

  • Transportation Solutions
  • Industrial Solutions

Every year since 2008 →

Insider Decisions last twelve months

Sold, $m 25.96
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell 2 — 4 1 1 1 1 — — — — —
Insider Ownership 0.00%

Capital & Financial Ratios $m

Size
Market Cap 59,330.00
Revenue ttm 19,885.00
Net income ttm 3,253.00
Free cash flow ttm 3,412.00
Net debt Q 3,440.00
Valuation
P/E 18.64
Forward P/E 19.10
Price / sales 3.02
Forward P/S Powerpack
Price / FCF 17.61
Price / book 4.43
Financial health
Current ratio Q 1.73 (at or above 1.5: strong)
Debt / equity Q 0.38 (at or below 0.5: strong)
Interest coverage Q 35.26
Growth
Revenue growth Q +11.86% (above 0%: growing)
Operating income growth Q +19.32% (above 0%: growing)
EPS, this year +18.22% (at or above 15%: strong)
EPS, next year A +12.80%
Revenue, next year A −75.89% (below 0%: weak)
EPS, past 5 yrs +10.26%
EPS, next 5 yrs A +13.75%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 51.71%
10-year low 10-year high
P/S against its own 10 years 75.32%
10-year low 10-year high
P/B against its own 10 years 81.30%
10-year low 10-year high
EV/Sales against its own 10 years 75.58%
10-year low 10-year high
EV/FCF against its own 10 years 25.67%
10-year low 10-year high

Dividends

Yield
1.43%
Annual rate
2.98
Payout ratio
26.9%
Growth, 2017–25
+7.40%/yr
  1. 1.57 ’17
  2. 1.72 ’18 +10
  3. 1.82 ’19 +6
  4. 1.90 ’20 +4
  5. 1.98 ’21 +4
  6. 2.18 ’22 +10
  7. 2.33 ’23 +7
  8. 3.19 ’24 +37
  9. 2.78 ’25 −13
  10. 0.61 ’26e −78
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 2026
Cash 1,661 1,319 1,255 1,697
Receivables 2,967 3,055 3,403 3,839
Inventory 2,552 2,517 2,699 2,962
Other — — — —
7,892 7,631 7,966 9,283
2023 2024 2025 2026
Payables 1,563 1,728 2,021 2,455
ST’ Debt — — — —
Other — — — —
4,463 4,746 5,120 5,364

Compound Annual Growth %

10y 5y 3y
Sales 5.77% 5.91% 7.44%
Cash Flow 8.80% 11.08% 13.05%
Earnings 4.94% 7.55% 19.42%
Book Value 4.81% 5.00% 5.52%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Dec Mar Jun Sep Year
’26 — — — — —
’26 2.53 2.90 2.55 3.09 11.06
’25 1.75 0.04 2.14 2.22 6.16
’24 5.76 1.75 1.86 0.90 10.33
’23 1.24 1.36 1.67 1.75 6.03
’22 1.72 1.71 1.83 2.21 7.47
’21 1.14 1.51 1.74 2.40 6.79
Fiscal quarters ending in the months shown.

Revenue $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 4,669 4,744 5,160 5,312 19,885
’25 3,836 4,143 4,534 4,749 17,262
’24 3,831 3,967 3,979 4,068 15,845
’23 3,841 4,160 3,998 4,035 16,034
’22 3,818 4,007 4,097 4,359 16,281
’21 3,522 3,738 3,845 3,818 14,923
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 865 947 1,185 1,528 4,525
’25 878 653 1,187 1,421 4,139
’24 719 710 1,006 1,042 3,477
’23 581 634 779 1,138 3,132
’22 532 413 579 944 2,468
’21 640 580 682 774 2,676
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Dec Mar Jun Sep Year
’26 — — — — —
’26 608 680 883 1,241 3,412
’25 674 424 962 1,154 3,214
’24 570 543 867 833 2,813
’23 399 446 614 945 2,404
’22 414 243 409 740 1,806
’21 499 495 539 539 2,072
Fiscal quarters ending in the months shown.

Valuation

The price implies free cash flow after share-based pay growing 5.6% a year for ten years. It grew 9.3% a year over the last ten.

Implied
5.6%
10 years, reported
9.3%
Open the model

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to September

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 12,185 13,988 13,448 12,172 14,923 16,281 16,034 15,845 17,262 19,885 +5.6% 4,659 4,989 — (49.9%)
Gross margin, % 34.33 33.92 32.67 30.69 32.75 32.21 31.53 34.43 35.22 36.24 +1.9 pt
EBT 1,720 2,240 1,931 524 2,378 2,733 2,268 2,797 3,204 3,950 +9.7%
EBT margin, % 14.12 16.01 14.36 4.30 15.94 16.79 14.14 17.65 18.56 19.86 +5.7 pt
Net income 1,683 2,565 1,844 (241) 2,261 2,428 1,910 3,193 1,842 3,253 +7.6%
Per share, $
Per share, $ Revenue 34.32 39.97 39.79 36.66 45.22 50.41 50.90 51.61 58.12 68.10 +7.9%
Earnings 4.74 7.33 5.46 (0.73) 6.85 7.52 6.06 10.40 6.20 11.14 +10.0%
Cash flow 6.54 7.00 7.17 6.00 8.11 7.64 9.94 11.33 13.94 15.50 +10.1%
Capex (1.86) (2.61) (2.09) (1.64) (1.83) (2.05) (2.31) (2.16) (3.11) (3.81) +8.3%
Free cash flow 4.68 4.40 5.08 4.36 6.28 5.59 7.63 9.16 10.82 11.68 +10.7%
Book value 27.47 30.95 31.27 28.26 32.22 33.44 36.67 40.24 42.37 46.48 +6.0%
Shares, m 355 350 338 332 330 323 315 307 297 292 (2.1%)
Valuation, ×
Valuation, × P/E 17.64 11.77 17.03 0.00 20.00 14.70 20.33 14.60 35.29 18.92 17.0
P/S 2.44 2.17 2.34 2.67 3.03 2.19 2.42 2.93 3.78 3.07 2.7
P/B 3.05 2.81 2.98 3.46 4.26 3.30 3.36 3.75 5.18 4.49 3.7
EV/Sales 2.71 2.39 2.59 2.94 3.25 2.38 2.59 3.11 4.04 3.28 2.9
EV/FCF 19.89 21.74 20.30 24.73 23.43 21.44 17.29 17.51 21.68 19.14 20.7
Cash, $m
Cash, $m Operating cash flow 2,321 2,451 2,422 1,992 2,676 2,468 3,132 3,477 4,139 4,525 +7.7%
Capex (660) (912) (706) (543) (604) (662) (728) (664) (925) (1,113) +6.0%
Free cash flow 1,661 1,539 1,716 1,449 2,072 1,806 2,404 2,813 3,214 3,412 +8.3%
Balance, $m
Balance, $m Working capital 2,079 1,789 2,014 2,094 2,607 2,636 3,429 2,885 2,846 3,919 +7.3%
Net debt 2,416 2,189 2,468 2,507 2,386 2,204 1,868 2,013 3,587 3,440 +4.0%
Shareholders’ equity 9,751 10,831 10,570 9,383 10,634 10,802 11,551 12,355 12,585 13,573 +3.7%
Returns, %
Returns, % ROA 9.09 12.89 9.20 (1.24) 11.11 11.50 8.99 14.33 7.69 12.57 +3.5 pt
ROIC 9.64 11.19 9.48 2.82 11.68 13.24 10.73 12.16 12.41 14.66 +5.0 pt
ROE 18.46 24.92 17.23 (2.42) 22.59 22.65 17.09 26.71 14.77 24.87 +6.4 pt
People
People Employees 78,000 80,000 78,000 82,000 89,000 92,000 90,000 87,000 93,000 — +2.2%
Revenue/emp, $m 0.16 0.17 0.17 0.15 0.17 0.18 0.18 0.18 0.19 0.00 n/m
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Sep 2026 · latest quarter Sep 2026 · fundamentals updated 2 Nov 2026

Business profile

Updated

TE Connectivity plc makes connectivity and sensor products that help move power, signals and data through equipment. Its products include connectors, terminals, sensors, relays, cable and protective tubing. Customers use them in vehicles, electrical grids, factories, data centers, aircraft and medical devices.

A connector joins electrical or electronic parts so that power or information can pass between them. TE also makes products for demanding conditions, such as the heat, vibration and exposure encountered by vehicles and industrial equipment. Its sensors serve customers in industries ranging from automotive and commercial transportation to medical and aerospace.

Where the money comes from and where it goes Fiscal 2025

Fiscal 2025: revenue by segment, and margins
Transportation Solutions 9,388 54.39%
Industrial Solutions 7,874 45.61%
Gross margin 35.22%
Operating margin 18.60%
Pre-tax margin 18.56%

Revenue by segment since 2008

TE Connectivity Ltd. vs peers in Electronic Components (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
APH Amphenol Corporation $176.9B 30.1× 29.6× +65.14% (above 0%: growing) +60.78% (above 0%: growing) +33.50% (above 0%: growing) 39.26% 29.53% Compare
GLW Corning Incorporated $89.1B 40.5× 43.9× +18.41% (above 0%: growing) +72.88% (above 0%: growing) +14.67% (above 0%: growing) 37.28% 18.76% Compare
TEL TE Connectivity Ltd. $59.3B 18.6× 19.1× +11.86% (above 0%: growing) +38.41% (above 0%: growing) +7.54% (above 0%: growing) 35.52% 20.58%
FLEX Flex Ltd. $24.7B 24.3× 23.9× +24.79% (above 0%: growing) +34.62% (above 0%: growing) −14.43% (below 0%: shrinking) 9.56% 4.88% Compare
JBL Jabil, Inc. $24.3B 24.3× 18.0× +28.65% (above 0%: growing) +87.19% (above 0%: growing) +7.13% (above 0%: growing) 9.43% 5.67% Compare
FN Fabrinet $10.5B 22.2× 18.7× +50.74% (above 0%: growing) +7.68% (above 0%: growing) −340.60% (below 0%: shrinking) 11.79% 9.90% Compare
LFUS Littelfuse, Inc. $8.9B 259× 23.3× +22.75% (above 0%: growing) +62.22% (above 0%: growing) +57.67% (above 0%: growing) 41.55% 20.00% Compare
RAL Ralliant Corporation $7.0B — (loss-making) 31.4× +17.20% (above 0%: growing) +122.03% (above 0%: growing) −19.51% (below 0%: shrinking) 53.15% 18.95% Compare
TTMI TTM Technologies, Inc. $6.6B 24.7× 23.2× +59.93% (above 0%: growing) +56.86% (above 0%: growing) +75.69% (above 0%: growing) 24.24% 13.48% Compare
Median of peers $17.4B 24.7× 23.6× +26.72% +61.50% +10.90% 30.76% 16.12%

All 44 Electronic Components stocks →

From the latest earnings call

Updated

  • Terrence Curtin said orders reached $5.7 billion in the quarter and backlog growth provided visibility into continued broad-based growth in fiscal 2027.
  • Curtin said AI infrastructure investment was driving growth in Digital Data Networks and energy, while TE expected fiscal 2026 sales growth of 15.0%.

Pay and ownership Proxy statement filed 15 January 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 18.33m 66.65m 247.03
2024 16.84m 27.09m 169.31
2023 16.72m 21.83m 135.95
2022 15.93m 3.84m 119.28
2021 14.72m 45.38m 153.36
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Read the proxy statement

TE Connectivity Ltd. (TEL) Latest News

22 Oct

Impact 4 · · Trefis

17 Oct

8 Oct

TEL metrics, ten years each

stockrow.com/TEL · Data as of Nov 2, 2026 · For information only; not investment advice. · © 2026 stockrow.com