OverviewSuggest Edit

TE Connectivity (formerly known as Tyco Electronics) is a company providing connectivity and sensor solutions. It operates through 3 reportable segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. Its electronic components segment supplies passive electronic components, which include connectors and interconnect systems, relays, switches, sensors, wire, and cable. The network solutions segment supplies infrastructure components and systems. Its specialty products segment offers engineered custom solutions, components, and connectors for electronic systems, subsystems, and devices in the aerospace, defense, and marine sectors.
TypePublic
Founded2007
HQSchaffhausen, CH
Websitete.com
Employee Ratings3.7
Overall CultureB

Latest Updates

Employees (est.) (Sept 2020)82,000(+6%)
Job Openings1,776
Revenue (FY, 2020)$12.2 B(-9%)
Share Price (Jun 2021)$133.8(-1%)
Cybersecurity ratingBMore

Key People/Management at TE Connectivity

Terrence R. Curtin

Terrence R. Curtin

Chief Executive Officer and Board Member
Shad Kroeger

Shad Kroeger

President, Industrial Solutions
Heath Mitts

Heath Mitts

Executive Vice President and Chief Financial Officer
Steven Merkt

Steven Merkt

President, Transportation Solutions
Jeanne Quirk

Jeanne Quirk

Senior Vice President, Mergers and Acquisitions
John S. Jenkins

John S. Jenkins

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 35 other locations
Schaffhausen, CH (HQ)
Mühlenstrasse 26
Steinach, CH
3 Amperestrasse
Vicente López, AR
Gral. Martín M. de Güemes 676
North Ryde, AU
Suite 501, Level 5/3 Thomas Holt Dr
São Paulo, BR
R. Ampere, 304 - Campo da Penha
Shanghai, CN
1st Floor, 122-142 Hedan Rd, Pudong Xinqu
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TE Connectivity Financials and Metrics

TE Connectivity Revenue

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TE Connectivity's revenue was reported to be $12.17 b in FY, 2020 which is a 9.5% decrease from the previous period.
USD

Revenue (Q2, 2021)

3.7b

Gross profit (Q2, 2021)

1.2b

Gross profit margin (Q2, 2021), %

32.4%

Net income (Q2, 2021)

506.0m

EBIT (Q2, 2021)

612.0m

Market capitalization (17-Jun-2021)

44.9b

Closing stock price (17-Jun-2021)

133.8

Cash (26-Mar-2021)

1.7b

EV

47.7b
TE Connectivity's current market capitalization is $44.9 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

14.0b13.4b12.2b

Revenue growth, %

7%(4%)(9%)

Cost of goods sold

9.2b9.1b8.4b

Gross profit

4.7b4.4b3.7b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Revenue

3.3b3.4b3.4b3.2b3.2b2.5b3.5b3.7b

Cost of goods sold

2.2b2.3b2.3b2.1b2.2b1.8b2.4b2.5b

Gross profit

1.1b1.1b1.1b1.0b1.0b707.0m1.1b1.2b

Gross profit Margin, %

33%33%33%33%32%28%33%32%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

848.0m927.0m945.0m

Accounts Receivable

2.4b2.3b2.4b

Inventories

1.9b1.8b2.0b

Current Assets

6.2b5.6b5.8b
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021

Cash

505.0m565.0m546.0m742.0m796.0m474.0m1.1b1.7b

Accounts Receivable

2.4b2.5b2.5b2.3b2.5b2.1b2.6b2.9b

Inventories

2.0b2.0b2.0b2.0b2.0b2.2b2.1b2.1b

Current Assets

5.4b5.4b5.4b5.6b5.7b5.3b6.5b7.4b
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

2.6b1.8b(241.0m)

Depreciation and Amortization

667.0m690.0m711.0m

Inventories

(247.0m)64.0m(89.0m)

Accounts Payable

201.0m(178.0m)(80.0m)
Quarterly
USDFY, 2018

EV/EBIT

13.9 x

EV/CFO

13.3 x

EV/FCF

21.4 x

Revenue/Employee

174.9k

Debt/Equity

0.3 x

Debt/Assets

0.1 x

Financial Leverage

1.9 x

P/E Ratio

12.1
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TE Connectivity Operating Metrics

TE Connectivity's Backlog was reported to be $4.6b in Q2, 2021.
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TE Connectivity Acquisitions / Subsidiaries

Company NameDateDeal Size
DRI Relays, Inc.November 02, 2020
First SensorMarch 12, 2020€117 m
Alpha TechnicsMay 02, 2019
ABB ENTRELEC terminal block businessAugust 02, 2018
MicroGroupMay 03, 2017
CregannaFebruary 03, 2016$895 m
AdvancedCathMarch 04, 2015
PolamcoJanuary 16, 2015
Xiamen Delixing Electric Equipment BusinesssAugust 11, 2014
DeutschApril 03, 2012
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TE Connectivity Revenue Breakdown

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TE Connectivity revenue breakdown by business segment: 13.3% from Communications Solutions, 30.5% from Industrial Solutions and 56.2% from Transportation Solutions

TE Connectivity revenue breakdown by geographic segment: 30.4% from Americas, 34.9% from Asia–Pacific and 34.7% from Europe/Middle East/Africa

Human Capital Metrics

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TE Connectivity Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

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

    B

    70/100

  • CEO Rating

    A+

    77/100

  • Compensation

    A

    80/100

  • Diversity

    B

    69/100

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TE Connectivity News and Updates

TE Connectivity board approves additional $1.5 billion share repurchase

TE Connectivity Ltd. announced today that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion.

TE Connectivity board approves additional $1.5 billion share repurchase

SCHAFFHAUSEN, Switzerland, June 11, 2021 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, announced today that its board of directors has authorized an increase in its share repurchase program by an additional $1.5 billion. Any repurchases by...

TE Connectivity expands robust connector portfolio to meet reliability needs of complex vehicles

Today’s complex vehicles include more connectors than ever, which brings a higher risk of failure as one compromised seal on a single connector can result in the failure of an entire system. To address the reliability needs of its customers operating commercial vehicle applications in harsh environm…

Global Relays Market Report 2021-2030: Major Players are Omron, Crydom, Comus International, Eaton, TE Connectivity, Fujitsu, Fuji Electric, ABB, Teledyne and Hongfa

Dublin, June 04, 2021 (GLOBE NEWSWIRE) -- The "Relays Global Market Report 2021: COVID-19 Impact and Recovery to 2030" report has been added to ResearchAndMarkets.com's offering. Major players in the relays market are Omron, Crydom Corp, Comus International, Eaton, TE Connectivity, Fujitsu, Fuji E…

Global Military Sensor Market (2021 to 2029) - Featuring BAE Systems, Esterline Technologies and TE Connectivity Among Others

Dublin, June 02, 2021 (GLOBE NEWSWIRE) -- The "Military Sensor Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2021 to 2029" report has been added to ResearchAndMarkets.com's offering. Globally, the military senso…

TE Connectivity finds early success in first year of 2030 sustainability plan

SCHAFFHAUSEN, Switzerland, May 20, 2021 /PRNewswire/ -- One year into the company's 2030 One Connected World strategy, TE Connectivity, a world leader in connectivity and sensors, has continued to improve how it designs, manufactures and ships its products in its first steps toward...
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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, Shad Kroeger and Heath Mitts.

  • How many employees does TE Connectivity have?

    TE Connectivity has 82,000 employees.

  • What is TE Connectivity revenue?

    Latest TE Connectivity annual revenue is $12.2 b.

  • What is TE Connectivity revenue per employee?

    Latest TE Connectivity revenue per employee is $148.4 k.

  • Who are TE Connectivity competitors?

    Competitors of TE Connectivity include Molex, Sensata and Aptiv.

  • 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 35 other locations.

  • How many offices does TE Connectivity have?

    TE Connectivity has 39 offices.