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.

TypePublic
Founded2007
HQSchaffhausen, CH
Websitete.com
Employee Ratings3.7

Latest Updates

Employees (est.) (Sept 2019)78,000(-2%)
Job Openings481
Revenue (FY, 2019)$13.4 B(-3%)
Share Price (Aug 2020)$92.2 (+2%)
Cybersecurity ratingAMore

Key People/Management at TE Connectivity

Terrence Curtin

Terrence Curtin

Chief Executive Officer and Board Member
Heath Mitts

Heath Mitts

Executive Vice President and Chief Financial Officer
John Jenkins

John Jenkins

Executive Vice President and General Counsel
Joel Dubs

Joel Dubs

Senior Vice President of Operations
Steven Merkt

Steven Merkt

President, Transportation Solutions
Shad Kroeger

Shad Kroeger

President, Communications Solutions
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TE Connectivity Office Locations

TE Connectivity has offices in Schaffhausen, Steinach, Berwyn, Eatontown and in 17 other locations
Schaffhausen, CH (HQ)
Mühlenstrasse & 26
Steinach, CH
3 Amperestrasse
Bensheim, DE
Ampèrestraße 12-14
Darmstadt, DE
Pfnorstrasse 1
Ottobrunn, DE
Finsinger Feld 1
Speyer, DE
Siemensstraße 13
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TE Connectivity Financials and Metrics

TE Connectivity Revenue

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TE Connectivity's revenue was reported to be $13.45 b in FY, 2019 which is a 3.9% decrease from the previous period.
USD

Revenue (Q3, 2020)

2.5b

Gross profit (Q3, 2020)

707.0m

Gross profit margin (Q3, 2020), %

27.7%

Net income (Q3, 2020)

(41.0m)

EBIT (Q3, 2020)

134.0m

Market capitalization (5-Aug-2020)

30.4b

Closing stock price (5-Aug-2020)

92.2

Cash (26-Jun-2020)

474.0m

EV

34.1b
TE Connectivity's current market capitalization is $30.4 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

13.1b14.0b13.4b

Revenue growth, %

7%7%(4%)

Cost of goods sold

8.7b9.2b9.1b

Gross profit

4.5b4.7b4.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.5b3.7b3.8b3.3b3.4b3.4b3.2b3.2b2.5b

Cost of goods sold

2.3b2.5b2.5b2.2b2.3b2.3b2.1b2.2b1.8b

Gross profit

1.2b1.2b1.2b1.1b1.1b1.1b1.0b1.0b707.0m

Gross profit Margin, %

34%33%32%33%33%33%33%32%28%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

1.2b848.0m927.0m

Accounts Receivable

2.3b2.4b2.3b

Inventories

1.8b1.9b1.8b

Current Assets

5.9b6.2b5.6b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

704.0m559.0m770.0m505.0m565.0m546.0m742.0m796.0m474.0m

Accounts Receivable

2.4b2.6b2.6b2.4b2.5b2.5b2.3b2.5b2.1b

Prepaid Expenses

472.0m

Inventories

2.0b2.0b2.0b2.0b2.0b2.0b2.0b2.0b2.2b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

1.7b2.6b1.8b

Depreciation and Amortization

635.0m667.0m690.0m

Inventories

(211.0m)(247.0m)64.0m

Accounts Payable

308.0m201.0m(178.0m)
USDFY, 2017

EV/EBIT

15.8 x

EV/CFO

13.9 x

EV/FCF

20 x

Revenue/Employee

168.1k

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x

P/E Ratio

17.5
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TE Connectivity Acquisitions / Subsidiaries

Company NameDateDeal Size
First SensorMay 28, 2019€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
ACC TelecommunicationsJuly 13, 2010$1.25 b
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TE Connectivity Cybersecurity Score

Cybersecurity ratingPremium dataset

A

92/100

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TE Connectivity Revenue Breakdown

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TE Connectivity revenue breakdown by business segment: 12.4% from Communications Solutions, 29.4% from Industrial Solutions and 58.2% from Transportation Solutions

TE Connectivity revenue breakdown by geographic segment: 31.4% from Americas, 32.7% from Asia–Pacific and 35.9% from Europe/Middle East/Africa

Human Capital Metrics

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TE Connectivity Online and Social Media Presence

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TE Connectivity News and Updates

TE Connectivity sets new sustainability, charitable goals for 2030

SCHAUFFHAUSEN, Switzerland, Aug. 5, 2020 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectivity and sensors, today unveiled a long-term sustainability and corporate responsibility strategy to better focus on the company's vision for the future. TE's One Connected...

TE Connectivity brings single pair Ethernet to the skies

TE Connectivity (TE), a world leader in connectivity and sensors, is unveiling its new Mini-ETH single pair ethernet system for commercial aircraft that offers substantial weight savings, more bandwidth and simpler installation and maintenance by using proven technologies from other markets. As desi…

Lynn Dugle, Dawn Willoughby elected to TE Connectivity board of directors

SCHAFFHAUSEN, Switzerland, March 11, 2020 /PRNewswire/ -- The shareholders of TE Connectivity (TE) (NYSE: TEL), a world leader in connectivity and sensors, elected Lynn A. Dugle, former chief executive officer of Engility Holdings Inc., and Dawn C. Willoughby, former executive vice...

TE Connectivity named to Dow Jones Sustainability Index for eighth consecutive year

SCHAFFHAUSEN, Switzerland, Sept. 16, 2019 /PRNewswire/ -- TE Connectivity (NYSE: TEL), a world leader in connectivity and sensors, has been named to the Dow Jones Sustainability Index for the eighth consecutive year, showcasing its long-term economic, social and environmental impact on...

Digi-Key Celebrates 35 Years of Partnership and Growth with TE Connectivity

THIEF RIVER FALLS, Minn., Sept. 10, 2019 /PRNewswire/ -- Digi-Key Electronics, the global electronic components distributor, is proud to announce that it now offers more than 500,000 products supplied by TE Connectivity (TE), a world leader in connectivity and sensors solutions. Digi-Key...

TE Connectivity to report third quarter financial results on July 24, 2019

SCHAFFHAUSEN, Switzerland, July 10, 2019 /PRNewswire/ -- TE Connectivity Ltd. (NYSE: TEL) will report financial results for the third quarter of fiscal 2019 before trading begins on July 24, 2019. The company will hold a conference call for investors at 8:30 a.m. ET. The conference call...
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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 Curtin, Heath Mitts and John Jenkins.

  • How many employees does TE Connectivity have?

    TE Connectivity has 78,000 employees.

  • What is TE Connectivity revenue?

    Latest TE Connectivity annual revenue is $13.4 b.

  • What is TE Connectivity revenue per employee?

    Latest TE Connectivity revenue per employee is $172.4 k.

  • Who are TE Connectivity competitors?

    Competitors of TE Connectivity include Amphenol, Panduit and Hexagon.

  • 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, Eatontown and in 17 other locations.

  • How many offices does TE Connectivity have?

    TE Connectivity has 22 offices.