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
Overall CultureB

Latest Updates

Employees (est.) (Sept 2020)82,000(+6%)
Job Openings2
Revenue (FY, 2020)$12.2 B(-9%)
Share Price (Jan 2021)$130.4
Cybersecurity ratingAMore

Key People/Management at TE Connectivity

Terrence Curtin

Terrence Curtin

Board Member and Chief Executive Officer
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 Jenkins

John 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 36 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
82 Taigu 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 (FY, 2020)

12.2b

Revenue growth (FY, 2019 - FY, 2020), %

(9.5%)

Gross profit (FY, 2020)

3.7b

Gross profit margin (FY, 2020), %

30.7%

Net income (FY, 2020)

(241.0m)

EBIT (FY, 2020)

537.0m

Market capitalization (20-Jan-2021)

43.2b

Closing stock price (20-Jan-2021)

130.4

Cash (25-Sept-2020)

945.0m

EV

46.4b
TE Connectivity's current market capitalization is $43.2 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, 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, 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, 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

Inventories

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

Current Assets

5.7b6.0b5.9b5.4b5.4b5.4b5.6b5.7b5.3b
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)
USDQ1, 2018

EV/EBIT

63.2 x

EV/CFO

104.8 x

EV/FCF

336.7 x

Debt/Equity

0.4 x

Debt/Assets

0.2 x

Financial Leverage

2 x

P/E Ratio

236.7
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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 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

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TE Connectivity Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

TE Connectivity Online and Social Media Presence

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TE Connectivity Company Culture

  • Overall Culture

    B

    70/100

  • CEO Rating

    A+

    79/100

  • Compensation

    A+

    82/100

  • Diversity

    B

    70/100

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TE Connectivity News and Updates

TE Connectivity to report first quarter financial results Jan. 27, 2021

TE Connectivity Ltd. (NYSE: TEL) will report financial results for the first quarter of fiscal 2021 before trading begins Jan. 27. The company will hold a conference call for investors at 8:30 a.m. ET.

TE Connectivity helps improve temperature sensor accuracy with custom packaging for platinum thin film elements

With decades of industry experience and custom packaging capabilities, TE Connectivity (TE) has been able to provide critical temperature sensing solutions for a variety of applications. In an effort to continue to meet customer demand, TE is now offering custom packaging for resistance temperature …

TE Connectivity to present on electric vehicle trends and solutions at J.P. Morgan Tech/Auto Forum

SCHAFFHAUSEN, Switzerland, Jan. 4, 2021 /PRNewswire/ -- Steven Merkt, president of the Transportation Solutions segment at TE Connectivity Ltd. (NYSE: TEL), a global leader in connectors and sensors, will present virtually at the 19th annual J.P. Morgan Tech/Auto Forum during the 2021...

Is TE Connectivity Ltd (TEL) the Top Pick in the Electronic Components Industry?

TE Connectivity Ltd (TEL) is near the top in its industry group according to InvestorsObserver. TEL gets an overall rating of 73. That means it scores higher than 73 percent of stocks. TE Connectivity Ltd gets a 96 rank in the Electronic Components industry. Electronic Components is number 42 out of…

Global Aerospace Wires & Cables Market Report 2021-2026 Featuring Carlisle Companies, Draka, Judd Wire, Nexans, Radiall, TE Connectivity, & Gore & Associates

Dublin, Dec. 11, 2020 (GLOBE NEWSWIRE) -- The "Aerospace Wires & Cables Market by Platform Type, by Resin Type, by Application Type, by Product type, by Purpose Type, and by Region, Size, Share, Trend, Forecast & Industry Analysis: 2021-2026" report has been added to ResearchAndMarkets.com…

TE Connectivity's board approves recommendation to raise annualized dividend to $2.00 per share

The TE Connectivity Ltd. (NYSE: TEL) Board of Directors today approved a recommendation to increase the company's quarterly dividend from $0.48 to $0.50 per share, for the four fiscal quarters starting in April 2021, the beginning of the third fiscal quarter. The recommendation would raise the compa…
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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, 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 Honeywell, Molex and Sensata.

  • 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 36 other locations.

  • How many offices does TE Connectivity have?

    TE Connectivity has 41 offices.