TE Connectivity plcTEL
NYSE•Technology•Electronic Components
TE Connectivity plc, together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, 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.
TE Connectivity plc (TEL) reported trailing twelve months revenue of $18.70B as of March 2026, a 16.7% increase year-over-year. Quarterly revenue reached $4.74B, reflecting continued top-line momentum.
TE Connectivity plc generated $2.91B in TTM net income, with quarterly EBITDA of $1.20B. The operating margin expanded from 18.1% to 20.1%, suggesting improving cost efficiency and pricing discipline.
The spread between operating margin (20.1%) and net margin (18.0%) indicates tight cost control with minimal non-operating drag. Net margin has improved from 0.3% a year ago, signaling stronger bottom-line efficiency.
TEL trades at a P/E of 20.5x (in line with broad market averages) and a P/S of 3.2x. The price-to-book ratio of 4.5x reflects a moderate premium to book value.
The company generated $677.00M in free cash flow over the trailing twelve months, a 60.0% increase year-over-year, indicating cash generation ability. The balance sheet shows $25.68B in total assets with $5.55B in long-term debt against $13.23B in stockholders equity for a debt-to-equity ratio of 0.4, a conservative capital structure. Data based on the most recent quarterly reports.
Competitive analysis based on 21 quarters of fundamental data
Operating margins are expanding at ~18.7%, suggesting durable pricing power and cost discipline.
ROE averages 18.1% but has fluctuated — the competitive advantage may be cyclical or emerging.
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (7 of 7 quarters up), with ~18.2% growth over the period. Strong demand durability.
Data-driven red flags and warnings across 21 quarters
Margins are stable or improving at ~19.7% — no sign of cost or pricing stress.
FCF covers net income by 5.4x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 55.4% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares decreased 4.2% — net buybacks are reducing shares outstanding and boosting per-share value.
Quarterly standardized metrics.
Stock price and market valuation
Revenue and earnings growth across quarters
Assets, cash, debt, and leverage
Price multiples and return ratios
Operating efficiency and return metrics
Free cash flow, earnings quality, and capital allocation