TE Connectivity

OverviewSuggest Edit

TE Connectivity (formerly known as Tyco Electronics) is a company that manufactures and sells connectivity and sensor solutions. It operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. The Transportation Solutions segment supplies terminals and connector systems and components, sensors, relays, antennas, application tooling, and wire and heat shrink tubing and serves automotive, commercial transportation, and sensors markets. The Industrial Solutions segment provides products that connect and distribute power, data, and signals, and caters to aerospace, defense, oil, and gas, industrial equipment, medical, and energy industries. The Communications Solutions segment supplies electronic components for the data and devices and the appliances markets.

TypePublic
Founded2007
HQSchaffhausen, CH
Websitete.com
Employee Ratings3.8
Overall CultureA-

Latest Updates

Employees (est.) (Sept 2021)89,000(+9%)
Job Openings1,863
Revenue (FY, 2021)$14.9 B(+23%)
Share Price (Jun 2022)$118.4(+3%)
Cybersecurity ratingBMore
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Key People/Management at TE Connectivity

Terrence R. Curtin

Terrence R. Curtin

Chief Executive Officer and Board Member
Claudia Anderson

Claudia Anderson

Vice President and Chief Continuous Improvement Officer
Joel Dubs

Joel Dubs

Senior Vice President of Operations
Joseph F. Eckroth, Jr.

Joseph F. Eckroth, Jr.

Senior Vice President and Chief Information Officer
Jean-Jacques Fotzeu

Jean-Jacques Fotzeu

Senior Vice President and Treasurer
John S. Jenkins Jr.

John S. Jenkins Jr.

Executive Vice President and General Counsel
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TE Connectivity Office Locations

TE Connectivity has offices in Schaffhausen, Steinach, Berwyn, Fairview and in 41 other locations
Schaffhausen, CH (HQ)
Mühlenstrasse 26
Steinach, CH
Amperestrasse 3
Vicente López, AR
Gral. Martín M. de Güemes 676
North Ryde, AU
Suite 501, Level 5/3 Thomas Holt Dr
Oostkamp, BE
Siemenslaan 14
São Paulo, BR
R. Ampere, 304 - Campo da Penha
Show all (45)

TE Connectivity Financials and Metrics

TE Connectivity Revenue

TE Connectivity's revenue was reported to be $14.92 b in FY, 2021
USD

Revenue (Q2, 2022)

4.0b

Gross profit (Q2, 2022)

1.5b

Net income (Q2, 2022)

560.0m

EBITDA (Q2, 2022)

899.0m

EBIT (Q2, 2022)

710.0m

Market capitalization (24-Jun-2022)

38.6b

Closing stock price (24-Jun-2022)

118.4

Cash (25-Mar-2022)

749.0m

EV

41.9b
TE Connectivity's current market capitalization is $38.6 b.
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

14.0b13.4b12.2b14.9b

Cost of goods sold

(8.6b)(8.4b)(7.7b)(9.3b)

Gross profit

5.4b5.1b4.4b5.7b

R&D expense

(680.0m)(644.0m)(613.0m)(677.0m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Revenue

3.3b3.4b3.4b3.2b3.2b2.5b3.5b3.7b3.8b3.8b4.0b

Cost of goods sold

(2.1b)(2.1b)(2.1b)(2.0b)(2.0b)(1.7b)(2.2b)(2.3b)(2.4b)(2.4b)(2.5b)

Gross profit

1.3b1.3b1.3b1.2b1.2b883.0m1.3b1.4b1.5b1.4b1.5b

R&D expense

(161.0m)(166.0m)(158.0m)(161.0m)(158.0m)(146.0m)(162.0m)(174.0m)(168.0m)(175.0m)(185.0m)
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Cash

848.0m927.0m945.0m1.2b

Accounts Receivable

2.4b2.3b2.4b2.9b

Prepaid Expenses

661.0m471.0m512.0m588.0m

Inventories

1.9b1.8b2.0b2.5b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Cash

505.0m565.0m546.0m742.0m796.0m474.0m1.1b1.7b1.4b982.0m749.0m

Accounts Receivable

2.4b2.5b2.5b2.3b2.5b2.1b2.6b2.9b3.0b2.8b3.1b

Prepaid Expenses

507.0m448.0m452.0m467.0m434.0m456.0m621.0m555.0m542.0m537.0m528.0m

Inventories

2.0b2.0b2.0b2.0b2.0b2.2b2.1b2.1b2.4b2.8b3.0b
Annual
USDFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

2.6b1.8b(241.0m)2.3b

Depreciation and Amortization

667.0m690.0m711.0m769.0m

Inventories

(247.0m)64.0m(89.0m)(556.0m)

Accounts Payable

201.0m(178.0m)(80.0m)560.0m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022Q2, 2022

Net Income

276.0m715.0m1.5b26.0m(430.0m)(471.0m)381.0m887.0m1.5b566.0m1.1b

Depreciation and Amortization

168.0m341.0m515.0m174.0m354.0m530.0m187.0m380.0m590.0m198.0m392.0m

Inventories

(119.0m)(70.0m)(59.0m)(176.0m)(151.0m)(342.0m)(145.0m)(212.0m)(482.0m)(264.0m)(411.0m)

Accounts Payable

(9.0m)(44.0m)(86.0m)94.0m49.0m(81.0m)349.0m510.0m646.0m15.0m15.0m
USDFY, 2018

Revenue/Employee

174.9k
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TE Connectivity Operating Metrics

TE Connectivity's Backlog was reported to be $4.5b in Q2, 2022.

TE Connectivity Acquisitions / Subsidiaries

Company NameDateDeal Size
microLIQUIDSeptember 26, 2021
Toolbox Medical InnovationsSeptember 26, 2021
Wi Inc.September 26, 2021
DRI Relays, Inc.November 02, 2020
First SensorMarch 12, 2020€117 m
Alpha TechnicsMay 02, 2019
ABB ENTRELEC - Terminal Block BusinessAugust 02, 2018
Hirschmann Car CommunicationAugust 31, 2017
MicroGroupMay 03, 2017
Intercontec GroupOctober 05, 2016
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TE Connectivity Revenue Breakdown

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TE Connectivity revenue breakdown by business segment: 25.8% from INDUSTRIAL SOLUTIONS, 14.1% from COMMUNICATIONS SOLUTIONS and 60.1% from TRANSPORTATION SOLUTIONS

TE Connectivity revenue breakdown by geographic segment: 24.2% from UNITED STATES, 9.6% from OTHER EUROPE/MIDDLE EAST/AFRICA, 13.9% from OTHER ASIA-PACIFIC, 24.2% from SWITZERLAND, 22.1% from CHINA (PEOPLES REPUBLIC) and 5.9% from Other

Human Capital Metrics

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TE Connectivity Cybersecurity Score

Cybersecurity ratingPremium dataset

B

86/100

SecurityScorecard logo

TE Connectivity Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

TE Connectivity Online and Social Media Presence

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TE Connectivity Company Culture

  • Overall Culture

    A-

    74/100

  • CEO Rating

    A+

    79/100

  • Compensation

    A+

    82/100

  • Diversity

    B

    70/100

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TE Connectivity News and Updates

TE Connectivity and UKESF sponsor EW BrightSparks

This year, in what is the fifth year of running EW BrightSparks in partnership with RS Grassroots, special thanks are due to the sponsors TE Connectivity and the UK Electronics Skills Foundation (UKESF).

TE is proud to sponsor the Twist, Turn & Move Robotics Challenge, hosted by our distributor partner Farnell.

TE is proud to sponsor the Twist, Turn & Move Robotics Challenge, hosted by our distributor partner Farnell. Read more about the challenge in a recent Electronics Weekly article and consider entering a submission by the June 6 deadline.

TE is a proud sponsor of the BMW Pro-AM Charity Golf Tournament.

TE is a proud sponsor of the BMW Pro-AM Charity Golf Tournament. The annual zero-waste event raises awareness and financial support for a more sustainable future.

Today we released our annual Corporate Responsibility Report.

Today we released our annual Corporate Responsibility Report.

TE Connectivity to present at Bernstein's Strategic Decisions Conference

Terrence Curtin, chief executive officer of TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, will present at Bernstein's 38th annual Strategic Decisions Conference on Thursday, June 2, at 8:00 a.m. EDT at the Hilton Midtown in New York City. Terrence Curtin, Chief Executi…

TE Connectivity and Phoenix Contact announce joint development agreement for Single Pair Ethernet hybrid cable assemblies

TE Connectivity (TE) will jointly develop with Phoenix Contact new Single Pair Ethernet (SPE) M12 hybrid connectivity. The M12 connectors align with the hybrid format specified by the International Electrotechnical Commission (IEC) 63171-7 standard, which the IEC initiated under the guidance of TE i…
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TE Connectivity Frequently Asked Questions

  • When was TE Connectivity founded?

    TE Connectivity was founded in 2007.

  • Who are TE Connectivity key executives?

    TE Connectivity's key executives are Terrence R. Curtin, Claudia Anderson and Joel Dubs.

  • How many employees does TE Connectivity have?

    TE Connectivity has 89,000 employees.

  • What is TE Connectivity revenue?

    Latest TE Connectivity annual revenue is $14.9 b.

  • What is TE Connectivity revenue per employee?

    Latest TE Connectivity revenue per employee is $167.7 k.

  • Who are TE Connectivity competitors?

    Competitors of TE Connectivity include Thales, Honeywell and Sensata Technologies.

  • Where is TE Connectivity headquarters?

    TE Connectivity headquarters is located at Mühlenstrasse 26, Schaffhausen.

  • Where are TE Connectivity offices?

    TE Connectivity has offices in Schaffhausen, Steinach, Berwyn, Fairview and in 41 other locations.

  • How many offices does TE Connectivity have?

    TE Connectivity has 45 offices.