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TE Connectivity plcTEL

Industry
Wholesale-Electronic Parts & Equipment, NEC
Exchange
NYSE

Stock Price $TEL

You are here#47 of 67 in Technology by market cap

Filing record · 2016–202610-K1010-Q338-K129

TEL filed 10 annual reports (10-K), 33 quarterly reports (10-Q) and 129 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Nov ’17Nov ’17
  2. Restructuring8-K · Oct ’19Oct ’19
  3. Material agreement8-K · Jun ’21Jun ’21
  4. FY2025 annual report10-K · Nov ’25Nov ’25
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025
Source: 10-KFY2025

Revenue Trend

Year-over-year comparison from 10-K annual reports

  1. $17.26B
YoY changeLargest recent move+22.6%in FY21Latest +8.9%

1 older move runs past ±25% (largest −28.6%); point at, tap or drag across the bars to read one.

Latest bar from 10-KFY2025Click a bar to open its SEC filing

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TE Connectivity plc Financial Overview 2021–2025

Updated Jul 10, 2026

TE Connectivity’s Industrial Solutions segment delivered a massive 23.7% revenue surge in FY2025, an unusually steep growth rate for a mature hardware manufacturer. This jump proves the company is successfully shifting its primary growth engine away from cyclical automotive markets and directly into high-demand AI, cloud, and energy infrastructure.

The broader business has demonstrated steady expansion, as net sales grew from $14.92 billion in FY2021 to $17.3 billiona in FY2025. While the legacy Transportation segment faced headwinds, the company aggressively reshaped its portfolio by deploying $2.3 billion to acquire Richards Manufacturing, cementing its footprint in industrial energy networks. Operational execution remained tight throughout this transition. Better manufacturing productivity and strategic pricing pushed gross margins from 32.7% in FY2021 to 35.2% in FY2025. This efficiency translated into a highly generative cash engine, producing $4.1 billion in operating cash flow during the latest fiscal year.

Investors have rewarded this strategic pivot toward higher-margin data and energy sectors. At the close of FY2025, the stock traded at $217.04b, representing a 35.2x P/E ratio based on its $6.16 EPS for the year.

Recent Developments (Q1 and Q2 2026)

TE Connectivity sustained aggressive momentum through the first half of fiscal 2026, highlighted by a 14.5% year-over-year revenue increase to $4.74 billionc in Q2 2026. This followed a 21.7% net sales jump to $4.7 billion in Q1 2026. Profitability accelerated, with second-quarter gross margins reaching 36.8% and diluted earnings per share expanding to $2.90 from $0.04 a year prior. Management also fortified the balance sheet by securing a new $3 billion credit facility and issuing $750 million in senior notes to refinance near-term debt.

Bulls will highlight the Industrial Solutions segment's sustained expansion, growing another 27.0%d in Q2 2026. Bears might caution that overall organic growth decelerated from 15.0% in Q1 2026 to 7.2% in Q2 2026. The stock appears richly valued at 34.8x earnings as of April 24, 2026, leaving little room for operational missteps.

What to watch: execution of the remaining $3.6 billione share repurchase authorization; trajectory of overall organic sales growth

Recent SEC Filings

  1. 8-KTE Connectivity plc 8-K Report, Executive Changes (Oct 7, 2026)TE Connectivity plc (TEL) has filed an 8-K report on October 7, 2026, to announce a significant change in its Board of Directors. William A. Jeffrey, a current director, has informed the Company of his decision to retire and will not seek re-election at the upcoming 2027 Annual General Meeting of Shareholders. This departure is effective as of March 2027, following the shareholder meeting. Investors should note that Mr. Jeffrey's decision to retire is not attributed to any disagreements with the Company, which suggests a smooth transition and no underlying governance concerns. This filing is primarily informational, updating stakeholders on the composition of the Board of Directors.
  2. 8-KTE Connectivity plc 8-K Report, Financial Results (Jul 22, 2026)TE Connectivity reported fiscal third-quarter 2026 results (quarter ended June 26, 2026) that beat its own guidance. Net sales reached a record $5.16 billion, up 14% reported and 12% organically, with Industrial Solutions up 22% and Transportation Solutions up 7%. GAAP diluted EPS from continuing operations was $2.55 (up 19%), and adjusted EPS was a record $2.94 (up 22%). The adjusted operating margin expanded 90 basis points to 21.9%, and orders hit a record $5.7 billion, up 27% year over year, with a book-to-bill of 1.1. Operating cash flow was $1.19 billion for the quarter and $3.0 billion year to date, and free cash flow was $883 million for the quarter and $2.17 billion year to date. The company returned about $2.0 billion to shareholders year to date through buybacks and dividends. For the fourth quarter, management guided to sales of about $5.25 billion (up 11% reported and organically) and adjusted EPS of about $3.05 (up 18%). GAAP EPS from continuing operations is expected at about $2.84. Management said it expects double-digit sales and EPS growth for fiscal 2026 and is significantly outperforming the business model it presented at its Investor Day. The implied full-year figures are about 15% reported sales growth, 11% organic growth, and about 23% adjusted EPS growth. TE also agreed to acquire Astrodyne TDI, a provider of power management and filtering solutions for mission-critical industrial applications, from Tinicum L.P. for an approximate purchase price of $1.4 billion. The business is expected to add more than $250 million in annual sales to the Industrial Solutions segment, and closing is expected by the end of calendar 2026, subject to regulatory approvals. Investors should note that the GAAP-to-adjusted gap widened this quarter, driven by $83 million of restructuring and other charges, versus $14 million a year earlier.
  3. 8-KTE Connectivity plc 8-K Report, Financial Results (Apr 22, 2026)TE Connectivity (TEL) reported fiscal Q2 2026 results (quarter ended March 27, 2026) that beat its own guidance, with net sales of $4.74 billion, up 15% reported and 7% organically year over year. GAAP diluted EPS from continuing operations was $2.90, while adjusted EPS hit a record $2.73, up 24% year over year. GAAP operating margin expanded 200 basis points to 20.1%, and adjusted operating margin rose 130 basis points to 21.7%. Growth was led by Industrial Solutions, where reported sales rose 27% (17% organic), driven by Digital Data Networks (AI-related demand, up 48% reported) and Energy (up 60% reported, including acquisitions). Transportation Solutions grew 5% reported but declined 1% organically, with Commercial Transportation strong and Automotive weak in North America and Asia. Orders were a standout: record orders of $5.3 billion rose 25% year over year and 4% sequentially, with a book-to-bill of 1.12. Free cash flow was $1.3 billion for the first half, up 17% year over year, and the company returned $1.2 billion to shareholders in the period and raised its quarterly dividend by 10%. Balance sheet items to watch include total debt that rose to about $5.7 billion (long-term debt up to $5.55 billion from $4.84 billion), reflecting refinancing and acquisition activity, and cash that fell to $1.11 billion. Management guided fiscal Q3 2026 sales to about $5.0 billion (up 10% reported, 9% organic) with adjusted EPS of about $2.83 (up 17%) and GAAP EPS from continuing operations of about $2.44. The guidance implies continued double-digit growth, though the prior-year quarter's GAAP EPS was distorted by a large tax charge, so GAAP comparisons are not meaningful; adjusted EPS is the cleaner comparison.
  4. 8-KTE Connectivity plc 8-K Report, Shareholder Vote Results (Mar 11, 2026)TE Connectivity plc (TEL) filed an 8-K on March 11, 2026, detailing the outcomes of its Annual General Meeting (AGM) of Shareholders. The meeting saw high shareholder participation, with over 90% of outstanding shares represented. All agenda items presented to shareholders were overwhelmingly approved, indicating strong support for the company's current board of directors and its operational and financial strategies. The key resolutions passed include the election of all thirteen director nominees, the ratification of Deloitte & Touche LLP as independent auditors, and the approval of the company's executive compensation. Furthermore, shareholders authorized the company to conduct market purchases of its own shares and approved the price range for re-allotting treasury shares. The robust voting margins across all proposals suggest a confident shareholder base regarding the company's governance and strategic direction.
  5. 8-KTE Connectivity plc 8-K Report, Material Agreement (Feb 17, 2026)TE Connectivity plc (TEL) has executed a new Five-Year Senior Credit Agreement, establishing a $3 billion revolving credit facility. This new facility replaces its previous $1.5 billion credit line and extends the maturity date to February 13, 2031, with options for further extension. This strategic move enhances the company's financial flexibility and is intended to support its commercial paper program. The agreement includes provisions for potential increases in the credit line and outlines various interest rate options tied to market benchmarks plus an applicable margin. Notably, the company terminated its existing agreement without incurring early termination penalties. Key financial covenants within the new agreement include a leverage ratio that, if exceeded (Consolidated Total Debt to Consolidated EBITDA above 3.75:1, or 4.25:1 post-Qualified Acquisition), could trigger an Event of Default. Investors should note that the interest rates on borrowings are variable, linked to benchmark rates such as Term SOFR for USD, and include an annual facility fee ranging from 5.0 to 12.5 basis points. The company also engages in customary financial services with the lenders and their affiliates, which is a standard practice.
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