financial statements

The full income statement, balance sheet, and cash-flow statement for TE Connectivity plc (TEL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2025	FY2024	FY2024	FY2023	FY2023	FY2022	FY2022	FY2021
Income Statement	as ofSep 26 ’25	as ofMar 28 ’25	as ofSep 27 ’24	as ofMar 29 ’24	as ofSep 29 ’23	as ofMar 31 ’23	as ofSep 30 ’22	as ofMar 25 ’22	as ofSep 24 ’21
Revenue	17.3B	—	15.8B	—	16.0B	—	16.3B	—	14.9B YoY+22.6%
	6.08B	—	5.46B	—	5.05B	—	5.24B	—	4.89B YoY+30.8%
Cost of revenue	11.2B	—	10.4B	—	11.0B	—	11.0B	—	10.0B YoY+19.0%
Research & development	699M	—	621M	—	593M	—	610M	—	612M YoY+13.5%
Selling, general & administrative	1.87B	—	1.73B	—	1.67B	—	1.58B	—	1.51B YoY+8.6%
Restructuring	113M	—	144M	—	260M	—	137M	—	208M YoY-19.1%
Amortization of intangibles	190M	—	166M	—	187M	—	192M	—	193M YoY+6.0%
Operating income	3.21B	—	2.80B	—	2.30B	—	2.76B	—	2.43B YoY+353.3%
Interest expense	77.0M	—	70.0M	—	80.0M	—	66.0M	—	56.0M YoY+16.7%
Other non-operating income	-13.0M	—	-16.0M	—	-16.0M	—	28.0M	—	-17.0M YoY-185.0%
Pre-tax income	3.20B	—	2.80B	—	2.27B	—	2.73B	—	2.38B YoY+353.8%
Income tax	1.36B	—	-397M	—	364M	—	306M	—	123M YoY-84.3%
	1.84B	—	3.19B	—	1.91B	—	2.43B	—	2.26B YoY+1038.2%
Income from continuing operations	—	—	—	—	1.90B	—	2.43B	—	2.25B YoY+970.7%
Discontinued operations	-1.00M	—	-1.00M	—	6.00M	—	1.00M	—	6.00M YoY-66.7%
	$6.16	—	$10.33	—	$6.03	—	$7.47	—	$6.79 YoY+1030.1%
EPS (basic)	$6.20	—	$10.40	—	$6.06	—	$7.52	—	$6.85 YoY+1038.4%
Weighted-avg shares (basic)	297M	—	307M	—	315M	—	323M	—	330M YoY-0.6%
Weighted-avg shares (diluted)	299M	—	309M	—	317M	—	325M	—	333M YoY+0.3%
Dividends per share	—	$2.60	—	$2.36	—	$2.24	—	$2.00	—
Balance Sheet	as ofSep 26 ’25	as ofMar 28 ’25	as ofSep 27 ’24	as ofMar 29 ’24	as ofSep 29 ’23	as ofMar 31 ’23	as ofSep 30 ’22	as ofMar 25 ’22	as ofSep 24 ’21
	7.97B YoY-12.2%	9.07B YoY+18.9%	7.63B YoY+1.7%	7.50B YoY-4.9%	7.89B YoY+6.1%	7.44B YoY+2.4%	7.27B YoY-2.0%	7.42B YoY+2.1%	7.26B YoY+25.6%
Cash & equivalents	1.25B YoY-50.9%	2.55B YoY+93.6%	1.32B YoY+12.2%	1.18B YoY-29.2%	1.66B YoY+83.5%	905M YoY-16.8%	1.09B YoY+45.3%	749M YoY-37.7%	1.20B YoY+27.3%
Accounts receivable	3.40B YoY+6.6%	3.19B YoY+4.5%	3.06B YoY+6.3%	2.87B YoY-3.1%	2.97B YoY-2.7%	3.05B YoY+6.4%	2.87B YoY-6.6%	3.07B YoY+4.8%	2.93B YoY+23.2%
Inventory	2.70B YoY+3.7%	2.60B YoY+3.4%	2.52B YoY-8.3%	2.74B YoY+7.5%	2.55B YoY-9.2%	2.81B YoY+5.0%	2.68B YoY-10.8%	3.00B YoY+19.4%	2.51B YoY+28.8%
Prepaid expenses	609M YoY-15.9%	724M YoY-2.2%	740M YoY+4.2%	710M YoY-0.3%	712M YoY+5.5%	675M YoY+5.6%	639M YoY+6.3%	601M YoY-3.2%	621M YoY+21.3%
Other current assets	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%	481M YoY+0.0%
	25.1B YoY+6.0%	23.7B YoY+3.5%	22.9B YoY+0.1%	22.8B YoY+5.1%	21.7B YoY+1.0%	21.5B YoY+3.4%	20.8B YoY-3.1%	21.5B YoY-0.1%	21.5B YoY+11.5%
Property, plant & equipment	4.31B YoY+9.9%	3.92B YoY+0.6%	3.90B YoY+2.7%	3.80B YoY+1.2%	3.75B YoY-1.7%	3.82B YoY+7.0%	3.57B YoY-6.5%	3.82B YoY+1.0%	3.78B YoY+3.5%
Operating lease right-of-use	479M YoY+10.6%	433M YoY+0.0%	433M YoY+11.0%	390M YoY+0.0%	390M YoY-8.0%	424M YoY+0.0%	424M YoY-4.5%	444M YoY+0.0%	444M YoY-2.0%
Goodwill	7.13B YoY+20.8%	5.90B YoY+1.7%	5.80B YoY+2.2%	5.68B YoY+3.9%	5.46B YoY-1.2%	5.53B YoY+5.1%	5.26B YoY-3.8%	5.46B YoY-2.3%	5.59B YoY+7.0%
Intangible assets	2.23B YoY+91.8%	1.16B YoY-1.1%	1.17B YoY-3.8%	1.22B YoY+3.8%	1.18B YoY-8.6%	1.29B YoY-0.2%	1.29B YoY-10.6%	1.44B YoY-7.0%	1.55B YoY-2.8%
Deferred tax assets	2.51B YoY-8.5%	2.74B YoY-21.6%	3.50B YoY-8.3%	3.81B YoY+46.7%	2.60B YoY-1.3%	2.63B YoY+5.4%	2.50B YoY+1.3%	2.47B YoY-1.3%	2.50B YoY+14.7%
Other non-current assets	943M YoY+10.3%	855M YoY+0.8%	848M YoY+4.7%	810M YoY-2.2%	828M YoY+5.3%	786M YoY-13.0%	903M YoY+6.6%	847M YoY+8.2%	783M YoY-3.7%
	5.12B YoY-14.7%	6.00B YoY+26.4%	4.75B YoY-8.1%	5.16B YoY+15.7%	4.46B YoY+1.6%	4.39B YoY-5.2%	4.63B YoY-8.2%	5.05B YoY+8.4%	4.66B YoY+26.2%
Accounts payable	2.02B YoY+9.7%	1.84B YoY+6.7%	1.73B YoY+8.1%	1.60B YoY+2.2%	1.56B YoY-6.9%	1.68B YoY+5.3%	1.59B YoY-19.8%	1.99B YoY+3.9%	1.91B YoY+49.8%
Deferred revenue	115M YoY+98.3%	58.0M YoY+0.0%	58.0M YoY-21.6%	74.0M YoY+0.0%	74.0M YoY+17.5%	63.0M YoY+0.0%	63.0M YoY+23.5%	51.0M YoY+0.0%	51.0M YoY+8.5%
Short-term & current debt	852M YoY-63.8%	2.35B YoY+169.9%	871M YoY-29.5%	1.24B YoY+81.1%	682M YoY+138.5%	286M YoY-68.7%	914M YoY+49.8%	610M YoY+21.3%	503M YoY-27.5%
Current lease liability	126M YoY-1.6%	128M YoY+0.0%	128M YoY+8.5%	118M YoY+0.0%	118M YoY-6.3%	126M YoY+0.0%	126M YoY+6.8%	118M YoY+0.0%	118M YoY+1.7%
Other current liabilities	2.25B YoY+24.5%	1.80B YoY-15.9%	2.15B YoY-7.9%	2.33B YoY+5.0%	2.22B YoY-8.7%	2.43B YoY+14.3%	2.13B YoY-13.3%	2.45B YoY+9.3%	2.24B YoY+30.3%
	12.4B YoY+8.0%	11.4B YoY+10.3%	10.4B YoY+1.0%	10.3B YoY+2.1%	10.1B YoY-3.0%	10.4B YoY+4.8%	9.88B YoY-9.3%	10.9B YoY+1.8%	10.7B YoY+9.9%
Long-term debt	4.84B YoY+48.4%	3.26B YoY-2.1%	3.33B YoY+12.5%	2.96B YoY-16.1%	3.53B YoY-9.9%	3.92B YoY+19.0%	3.29B YoY-4.3%	3.44B YoY-4.1%	3.59B YoY+4.0%
Non-current lease liability	365M YoY+16.6%	313M YoY+0.0%	313M YoY+11.8%	280M YoY+0.0%	280M YoY-9.1%	308M YoY+0.0%	308M YoY-7.8%	334M YoY+0.0%	334M YoY-3.7%
Deferred tax liabilities	198M YoY-6.2%	211M YoY+6.0%	199M YoY+7.0%	186M YoY+0.5%	185M YoY-14.4%	216M YoY-11.5%	244M YoY+31.9%	185M YoY+2.2%	181M YoY+26.6%
Other non-current liabilities	1.01B YoY+28.8%	784M YoY-9.9%	870M YoY+2.8%	846M YoY+7.5%	787M YoY+0.6%	782M YoY+8.9%	718M YoY-11.2%	809M YoY-4.5%	847M YoY-3.1%
	12.6B YoY+4.1%	12.1B YoY-2.2%	12.4B YoY-0.8%	12.4B YoY+7.8%	11.6B YoY+4.8%	11.0B YoY+2.0%	10.8B YoY+3.4%	10.4B YoY-1.8%	10.6B YoY+13.3%
Preferred stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Common stock	3.00M YoY+0.0%	3.00M YoY-97.8%	139M YoY+0.0%	139M YoY-2.1%	142M YoY+0.0%	142M YoY-2.7%	146M YoY-1.4%	148M YoY+0.0%	148M YoY-0.7%
Additional paid-in capital	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Retained earnings	13.9B YoY+8.8%	12.8B YoY-11.8%	14.5B YoY+6.2%	13.7B YoY+5.7%	12.9B YoY+9.5%	11.8B YoY-7.9%	12.8B YoY+5.5%	12.2B YoY+3.9%	11.7B YoY+13.2%
Treasury stock	1.36B YoY+120.5%	615M YoY-73.5%	2.32B YoY+79.3%	1.29B YoY-6.2%	1.38B YoY+47.9%	933M YoY-44.5%	1.68B YoY-5.0%	1.77B YoY+67.7%	1.05B YoY+57.7%
Accumulated other comprehensive income	6.00M YoY+105.3%	-114M YoY-2380.0%	5.00M YoY+106.0%	-84.0M YoY+46.8%	-158M YoY-1115.4%	-13.0M YoY+97.4%	-495M YoY-410.3%	-97.0M YoY+42.3%	-168M YoY+62.2%
Non-controlling interest	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY-95.4%	108M YoY+0.0%	108M YoY+0.0%	108M YoY+0.0%	108M YoY+0.0%	108M YoY+0.0%
Total equity incl. non-controlling	12.6B YoY+4.1%	12.1B YoY-2.2%	12.4B YoY-0.8%	12.4B YoY+7.8%	11.6B YoY+4.8%	11.0B YoY+2.0%	10.8B YoY+3.4%	10.4B YoY-1.8%	10.6B YoY+13.3%
Total liabilities & equity	25.1B YoY+6.0%	23.7B YoY+3.5%	22.9B YoY+0.1%	22.8B YoY+5.1%	21.7B YoY+1.0%	21.5B YoY+3.4%	20.8B YoY-3.1%	21.5B YoY-0.1%	21.5B YoY+11.5%
Common shares issued	303M YoY+0.5%	301M YoY-4.8%	317M YoY+0.0%	317M YoY-1.8%	322M YoY+0.0%	322M YoY-2.5%	331M YoY-1.6%	336M YoY+0.0%	336M YoY-0.8%
Shares outstanding (cover)	295M YoY-1.0%	298M YoY-1.8%	304M YoY-1.6%	309M YoY-1.6%	314M YoY-0.8%	316M YoY-1.1%	320M YoY-1.8%	326M YoY-0.7%	328M YoY-0.6%
Cash Flow	as ofSep 26 ’25	as ofMar 28 ’25	as ofSep 27 ’24	as ofMar 29 ’24	as ofSep 29 ’23	as ofMar 31 ’23	as ofSep 30 ’22	as ofMar 25 ’22	as ofSep 24 ’21
	4.14B	—	3.48B	—	3.13B	—	2.47B	—	2.68B YoY+34.3%
Depreciation & amortization	838M	—	826M	—	794M	—	785M	—	769M YoY+8.2%
Share-based compensation	149M	—	127M	—	123M	—	119M	—	94.0M YoY+27.0%
Deferred income taxes	938M	—	-789M	—	-77.0M	—	-147M	—	-354M YoY-166.2%
Change in receivables	341M	—	134M	—	146M	—	-200M	—	518M YoY+722.2%
Change in inventory	160M	—	30.0M	—	45.0M	—	41.0M	—	556M YoY+524.7%
	-3.57B	—	-950M	—	-768M	—	-878M	—	-1.04B YoY-19.9%
Capital expenditure	936M	—	680M	—	732M	—	768M	—	690M YoY+23.2%
Acquisitions	2.63B	—	339M	—	110M	—	220M	—	423M YoY+24.8%
Proceeds from sale of PP&E	11.0M	—	16.0M	—	4.00M	—	106M	—	86.0M YoY+405.9%
Other investing activities	15.0M	—	6.00M	—	-22.0M	—	12.0M	—	6.00M YoY+135.3%
	-629M	—	-2.87B	—	-1.79B	—	-1.68B	—	-1.39B YoY-25.4%
Common stock repurchased	1.35B	—	2.06B	—	945M	—	1.41B	—	831M YoY+58.9%
Dividends paid	803M	—	760M	—	725M	—	685M	—	647M YoY+3.5%
Other financing activities	-57.0M	—	-57.0M	—	-34.0M	—	-41.0M	—	-28.0M YoY+15.2%
FX effect on cash	—	—	—	—	—	—	—	—	5.00M YoY+225.0%
Net change in cash	-64.0M	—	-342M	—	573M	—	-115M	—	258M YoY+1333.3%
Interest paid	34.0M	—	64.0M	—	75.0M	—	58.0M	—	58.0M YoY+16.0%
Income taxes paid	276M	—	475M	—	425M	—	421M	—	371M YoY+44.4%
Valuation Ratios	as ofSep 26 ’25	as ofMar 28 ’25	as ofSep 27 ’24	as ofMar 29 ’24	as ofSep 29 ’23	as ofMar 31 ’23	as ofSep 30 ’22	as ofMar 25 ’22	as ofSep 24 ’21
Market cap	64.1B YoY+51.2%	42.4B YoY-7.7%	46.0B YoY+2.5%	44.8B YoY+15.6%	38.8B YoY-6.6%	41.5B YoY+17.6%	35.3B YoY-18.0%	43.1B YoY-8.9%	47.2B YoY+50.1%
P/E	34.8× YoY+14.1%	30.5× YoY+112.0%	14.4× YoY+5.7%	13.6× YoY-33.0%	20.3× YoY+4.3%	19.5× YoY+33.9%	14.5× YoY-15.6%	17.2× YoY-17.6%	20.9×
P/S	3.7× YoY+40.4%	2.6× YoY-8.8%	2.9× YoY+3.0%	2.8× YoY+16.5%	2.4× YoY-4.1%	2.5× YoY+16.3%	2.2× YoY-22.0%	2.8× YoY-12.2%	3.2× YoY+22.4%
P/B	5.1× YoY+45.2%	3.5× YoY-5.7%	3.7× YoY+8.3%	3.4× YoY+2.3%	3.4× YoY-10.9%	3.8× YoY+15.3%	3.3× YoY-20.7%	4.1× YoY-7.2%	4.4× YoY+32.4%
P/FCF	20.0× YoY+31.4%	15.2× YoY-7.2%	16.4× YoY-6.4%	17.6× YoY+8.7%	16.2× YoY-24.1%	21.3× YoY+2.6%	20.8× YoY-20.7%	26.2× YoY+10.1%	23.8× YoY+8.2%
Earnings yield	2.9% YoY-12.4%	3.3% YoY-52.8%	6.9% YoY-5.4%	7.3% YoY+49.2%	4.9% YoY-4.1%	5.1% YoY-25.3%	6.9% YoY+18.5%	5.8% YoY+21.3%	4.8%
FCF yield	5.0% YoY-23.9%	6.6% YoY+7.8%	6.1% YoY+6.9%	5.7% YoY-8.0%	6.2% YoY+31.8%	4.7% YoY-2.5%	4.8% YoY+26.1%	3.8% YoY-9.2%	4.2% YoY-7.6%
Dividend yield	—	1.8%	—	1.6%	—	1.7%	—	1.5%	—
Source filing	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K

About this data

Source: TEL's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all TEL filings on SEC EDGAR → Not investment advice.

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financial statements