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.
| Type | Public | |
| Founded | 2007 | |
| HQ | Schaffhausen, CH | Map |
| Website | te.com | |
| Employee Ratings | More | |
| Overall Culture | B | More |
Recent NewsAll News
- TE Connectivity board approves additional $1.5 billion share repurchase
- TE Connectivity board approves additional $1.5 billion share repurchase
- TE Connectivity expands robust connector portfolio to meet reliability needs of complex vehicles
- Global Relays Market Report 2021-2030: Major Players are Omron, Crydom, Comus International, Eaton, TE Connectivity, Fujitsu, Fuji Electric, ABB, Teledyne and Hongfa
Key People/Management at TE Connectivity
Terrence R. Curtin
Chief Executive Officer and Board Member
Shad Kroeger
President, Industrial Solutions
Heath Mitts
Executive Vice President and Chief Financial Officer
Steven Merkt
President, Transportation Solutions
Jeanne Quirk
Senior Vice President, Mergers and Acquisitions
John S. Jenkins
Executive Vice President and General Counsel
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
TE Connectivity Financials and Metrics
TE Connectivity Revenue
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
Annual
Annual
Quarterly
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 |
|---|---|---|---|---|---|---|---|---|
Net Income | 276.0m | 715.0m | 1.5b | 26.0m | (430.0m) | (471.0m) | 381.0m | 887.0m |
Depreciation and Amortization | 168.0m | 341.0m | 515.0m | 174.0m | 354.0m | 530.0m | 187.0m | 380.0m |
Inventories | (119.0m) | (70.0m) | (59.0m) | (176.0m) | (151.0m) | (342.0m) | (145.0m) | (212.0m) |
Accounts Payable | (9.0m) | (44.0m) | (86.0m) | 94.0m | 49.0m | (81.0m) | 349.0m | 510.0m |
| USD | FY, 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 |
TE Connectivity Operating Metrics
TE Connectivity's Backlog was reported to be $4.6b in Q2, 2021.
| FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $3.47 b | $3.32 b | $3.46 b | $3.32 b | $3.32 b | $3.24 b | $3.37 b | $2.39 b | $3.52 b | $4.05 b | $4.57 b |
Backlog (Transportation Solutions) | $1.78 b | $1.92 b | $1.95 b | $1.9 b | $1.64 b | $1.87 b | $1.85 b | $1.18 b | $1.82 b | $2.54 b | $2.77 b |
Backlog (Industrial Solutions) | $1.25 b | $1 b | $1.07 b | $1.04 b | $1.32 b | $965 m | $1.05 b | $824 m | $1.26 b | $956 m | $1.13 b |
Backlog (Communications Solutions) | $441 m | $403 m | $441 m | $382 m | $361 m | $409 m | $467 m | $384 m | $439 m | $556 m | $678 m |
TE Connectivity Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| DRI Relays, Inc. | November 02, 2020 | |
| First Sensor | March 12, 2020 | €117 m |
| Alpha Technics | May 02, 2019 | |
| ABB ENTRELEC terminal block business | August 02, 2018 | |
| MicroGroup | May 03, 2017 | |
| Creganna | February 03, 2016 | $895 m |
| AdvancedCath | March 04, 2015 | |
| Polamco | January 16, 2015 | |
| Xiamen Delixing Electric Equipment Businesss | August 11, 2014 | |
| Deutsch | April 03, 2012 |
TE Connectivity Revenue Breakdown
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
TE Connectivity Cybersecurity Score
TE Connectivity Environment, Social & Governance (ESG) Ratings
TE Connectivity Online and Social Media Presence
28.68k Twitter followers
TE Connectivity has 28.68k Twitter Followers. The number of followers has decreased 0.5% month over month and decreased 0.5% quarter over quarter
TE Connectivity's Trends
Twitter Engagement Stats for @TEConnectivity
6.8k
Tweets
579
Following
28.7k
Followers
36
Tweets last 30 days
16.6
Avg. likes per Tweet
100%
Tweets with engagement
TE Connectivity Company Culture
Overall Culture
B
70/100
CEO Rating
A+
77/100
Compensation
A
80/100
Diversity
B
69/100
TE Connectivity News and Updates
June 11, 2021
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.
June 11, 2021
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...
June 04, 2021
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…
June 04, 2021
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…
June 02, 2021
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…
May 20, 2021
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...
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.
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