TE Connectivity
- Backlog$4.5 BQ2, 2022
- Revenue$14.9 BFY, 2021
- Market Capitalization$38.6 B2022-06-24
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.
| Type | Public | |
| Founded | 2007 | |
| HQ | Schaffhausen, CH | Map |
| Website | te.com | |
| Employee Ratings | ||
| Overall Culture | A- | More |
Recent NewsAll News
Key People/Management at TE Connectivity
Terrence R. Curtin
Claudia Anderson
Joel Dubs
Joseph F. Eckroth, Jr.
Jean-Jacques Fotzeu
John S. Jenkins Jr.
TE Connectivity Office Locations
TE Connectivity Financials and Metrics
TE Connectivity Revenue
| 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 |
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Revenue | 14.0b | 13.4b | 12.2b | 14.9b |
Cost of goods sold | (8.6b) | (8.4b) | (7.7b) | (9.3b) |
Gross profit | 5.4b | 5.1b | 4.4b | 5.7b |
R&D expense | (680.0m) | (644.0m) | (613.0m) | (677.0m) |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 3.3b | 3.4b | 3.4b | 3.2b | 3.2b | 2.5b | 3.5b | 3.7b | 3.8b | 3.8b | 4.0b |
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 | 1.3b | 1.3b | 1.3b | 1.2b | 1.2b | 883.0m | 1.3b | 1.4b | 1.5b | 1.4b | 1.5b |
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) |
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Cash | 848.0m | 927.0m | 945.0m | 1.2b |
Accounts Receivable | 2.4b | 2.3b | 2.4b | 2.9b |
Prepaid Expenses | 661.0m | 471.0m | 512.0m | 588.0m |
Inventories | 1.9b | 1.8b | 2.0b | 2.5b |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Cash | 505.0m | 565.0m | 546.0m | 742.0m | 796.0m | 474.0m | 1.1b | 1.7b | 1.4b | 982.0m | 749.0m |
Accounts Receivable | 2.4b | 2.5b | 2.5b | 2.3b | 2.5b | 2.1b | 2.6b | 2.9b | 3.0b | 2.8b | 3.1b |
Prepaid Expenses | 507.0m | 448.0m | 452.0m | 467.0m | 434.0m | 456.0m | 621.0m | 555.0m | 542.0m | 537.0m | 528.0m |
Inventories | 2.0b | 2.0b | 2.0b | 2.0b | 2.0b | 2.2b | 2.1b | 2.1b | 2.4b | 2.8b | 3.0b |
| USD | FY, 2018 | FY, 2019 | FY, 2020 | FY, 2021 |
|---|---|---|---|---|
Net Income | 2.6b | 1.8b | (241.0m) | 2.3b |
Depreciation and Amortization | 667.0m | 690.0m | 711.0m | 769.0m |
Inventories | (247.0m) | 64.0m | (89.0m) | (556.0m) |
Accounts Payable | 201.0m | (178.0m) | (80.0m) | 560.0m |
| USD | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | Q1, 2022 | Q2, 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|
Net Income | 276.0m | 715.0m | 1.5b | 26.0m | (430.0m) | (471.0m) | 381.0m | 887.0m | 1.5b | 566.0m | 1.1b |
Depreciation and Amortization | 168.0m | 341.0m | 515.0m | 174.0m | 354.0m | 530.0m | 187.0m | 380.0m | 590.0m | 198.0m | 392.0m |
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) | 94.0m | 49.0m | (81.0m) | 349.0m | 510.0m | 646.0m | 15.0m | 15.0m |
| USD | FY, 2018 |
|---|---|
Revenue/Employee | 174.9k |
TE Connectivity Operating Metrics
| FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | Q1, 2021 | Q2, 2021 | Q3, 2021 | FY, 2021 | Q1, 2022 | Q2, 2022 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
Backlog | $3.32 b | $3.24 b | $3.37 b | $2.39 b | $3.52 b | $4.05 b | $4.57 b | $4.54 b | $5.84 b | $4.33 b | $4.52 b |
Backlog (Transportation Solutions) | $1.64 b | $1.87 b | $1.85 b | $1.18 b | $1.82 b | $2.54 b | $2.77 b | $2.56 b | $3.01 b | $2.16 b | $2.55 b |
Backlog (Industrial Solutions) | $1.32 b | $965 m | $1.05 b | $824 m | $1.26 b | $956 m | $1.13 b | $1.22 b | $1.85 b | $1.4 b | $1.31 b |
Backlog (Communications Solutions) | $361 m | $409 m | $467 m | $384 m | $439 m | $556 m | $678 m | $755 m | $976 m | $769 m | $664 m |
TE Connectivity Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| microLIQUID | September 26, 2021 | |
| Toolbox Medical Innovations | September 26, 2021 | |
| Wi Inc. | September 26, 2021 | |
| 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 | |
| Hirschmann Car Communication | August 31, 2017 | |
| MicroGroup | May 03, 2017 | |
| Intercontec Group | October 05, 2016 |
TE Connectivity Revenue Breakdown
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
TE Connectivity Cybersecurity Score
TE Connectivity Environment, Social & Governance (ESG) Ratings
TE Connectivity Online and Social Media Presence
TE Connectivity's Trends
Twitter Engagement Stats for @TEConnectivity
7.2k
Tweets
547
Following
34.5k
Followers
49
Tweets last 30 days
5.4
Avg. likes per Tweet
100%
Tweets with engagement
TE Connectivity Company Culture
Overall Culture
A-
74/100
CEO Rating
A+
79/100
Compensation
A+
82/100
Diversity
B
70/100
TE Connectivity News and Updates
TE Connectivity and UKESF sponsor EW BrightSparks
TE is proud to sponsor the Twist, Turn & Move Robotics Challenge, hosted by our distributor partner Farnell.
TE is a proud sponsor of the BMW Pro-AM Charity Golf Tournament.
Today we released our annual Corporate Responsibility Report.
TE Connectivity to present at Bernstein's Strategic Decisions Conference
TE Connectivity and Phoenix Contact announce joint development agreement for Single Pair Ethernet hybrid cable assemblies
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.
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