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TE Connectivity plc (TEL) financial health, profit and balance sheet · Scorvest

TEL · NYSE · United States · Wholesale-Electronic Parts & Equipment, Nec

TE Connectivity plc

Galway · Fiscal year ends in September · Figures in USD

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In shortTE Connectivity plc is profitable, generates cash and carries moderate debt, with revenue growing (+8.9% last year).

Financial health

Strong

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability71

Operating marginShare of each sale left after running the business, before interest and tax.	18.6%	79/100
Net marginShare of each sale left as profit after every cost, interest and tax.	10.7%	63/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	14.8%	74/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	10.1%	67/100

Weight in the score: 25%

Balance sheet84

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	1.56×	63/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.45×	86/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	1.10×	83/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	41.70×	100/100
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	4.49	87/100

Weight in the score: 25%

Cash generation98

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	18.6%	94/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	1.74×	100/100
Years with positive free cash flow (last 5)	5 of 5	100/100

Weight in the score: 20%

Stability76
Profitable years (last 5) 5 of 5 100/100
Years of revenue decline (last 5) 2 of 5 33/100
Revenue growth volatility 9.9% 75/100
Operating margin volatility 1.6% 95/100
Weight in the score: 20%
Growth14
Revenue growth, 3-year average 2.0% 28/100
EPS growth, 3-year average -6.2% 0/100
Weight in the score: 10%

Profitable years (last 5)	5 of 5	100/100
Years of revenue decline (last 5)	2 of 5	33/100
Revenue growth volatility	9.9%	75/100
Operating margin volatility	1.6%	95/100

Revenue growth, 3-year average	2.0%	28/100
EPS growth, 3-year average	-6.2%	0/100

Fiscal year 2025 · change vs prior year

Revenue: $17.3B; ▲ 8.9%
Net income: $1.8B; ▼ 42.3%
Free cash flow: $3.2B; ▲ 14.5%
Operating margin: 18.6%; +1.0 pts
Cash & investments: $1.3B; –
Total debt: $5.7B; ▲ 35.5%
Diluted EPS: $6.16; ▼ 40.4%
Return on equity: 14.8%; –

Trends

Annual figures as reported. Hover a bar or point for the exact value.

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Revenue and net income

RevenueNet income

Margins

Statements

The last 5 fiscal years from the company's annual reports.

USD millions; negative values in parentheses.

Fiscal year	FY21	FY22	FY23	FY24	FY25
Revenue	14,923	16,281	16,034	15,845	17,262
Cost of revenue	10,036	11,037	10,979	10,389	11,183
Gross profit	4,887	5,244	5,055	5,456	6,079
Research & development	612	610	593	621	699
Selling, general & admin	1,512	1,584	1,670	1,732	1,866
Operating income	2,434	2,756	2,304	2,796	3,211
Interest expense	56	66	80	70	77
Pre-tax income	2,378	2,733	2,268	2,797	3,204
Income tax	123	306	364	(397)	1,361
Net income	2,261	2,428	1,910	3,193	1,842
Diluted EPS	$6.79	$7.47	$6.03	$10.33	$6.16
Diluted shares (millions)	333	325	317	309	299

5 older years available with the 10-year history. Essential plan, from €8.25/month →

Risk checks

Altman Z'' score

4.49 Safe zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

5/9

Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: failed
Cash flow exceeds net income: passed
Long-term debt ratio fell: failed
Current ratio improved: failed
No share dilution: passed
Gross margin improved: passed
Asset turnover improved: failed

Sources

10-QPeriod ending Jun 26, 2026Filed Jul 24, 2026Open the report ↗
10-QPeriod ending Mar 27, 2026Filed Apr 24, 2026Open the report ↗
10-QPeriod ending Dec 26, 2025Filed Jan 23, 2026Open the report ↗
10-KPeriod ending Sep 26, 2025Filed Nov 10, 2025Open the report ↗
10-QPeriod ending Jun 27, 2025Filed Jul 25, 2025Open the report ↗
10-QPeriod ending Mar 28, 2025Filed Apr 28, 2025Open the report ↗
10-QPeriod ending Dec 27, 2024Filed Jan 24, 2025Open the report ↗
10-KPeriod ending Sep 27, 2024Filed Nov 12, 2024Open the report ↗