TEL 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.

PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofSep 26 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofSep 24 ’21
Revenue	17.3B YoY+8.9%	15.8B YoY-1.2%	16.0B YoY-1.5%	16.3B YoY+9.1%	14.9B YoY+22.6%
	6.08B YoY+11.4%	5.46B YoY+7.9%	5.05B YoY-3.6%	5.24B YoY+7.3%	4.89B YoY+30.8%
Cost of revenue	11.2B YoY+7.6%	10.4B YoY-5.4%	11.0B YoY-0.5%	11.0B YoY+10.0%	10.0B YoY+19.0%
Research & development	699M YoY+12.6%	621M YoY+4.7%	593M YoY-2.8%	610M YoY-0.3%	612M YoY+13.5%
Selling, general & administrative	1.87B YoY+7.7%	1.73B YoY+3.7%	1.67B YoY+5.4%	1.58B YoY+4.8%	1.51B YoY+8.6%
Restructuring	113M YoY-21.5%	144M YoY-44.6%	260M YoY+89.8%	137M YoY-34.1%	208M YoY-19.1%
Amortization of intangibles	190M YoY+14.5%	166M YoY-11.2%	187M YoY-2.6%	192M YoY-0.5%	193M YoY+6.0%
Operating income	3.21B YoY+14.8%	2.80B YoY+21.4%	2.30B YoY-16.4%	2.76B YoY+13.2%	2.43B YoY+353.3%
Interest expense	77.0M YoY+10.0%	70.0M YoY-12.5%	80.0M YoY+21.2%	66.0M YoY+17.9%	56.0M YoY+16.7%
Other non-operating income	-13.0M YoY+18.8%	-16.0M YoY+0.0%	-16.0M YoY-157.1%	28.0M YoY+264.7%	-17.0M YoY-185.0%
Pre-tax income	3.20B YoY+14.6%	2.80B YoY+23.3%	2.27B YoY-17.0%	2.73B YoY+14.9%	2.38B YoY+353.8%
Income tax	1.36B YoY+442.8%	-397M YoY-209.1%	364M YoY+19.0%	306M YoY+148.8%	123M YoY-84.3%
	1.84B YoY-42.3%	3.19B YoY+67.2%	1.91B YoY-21.3%	2.43B YoY+7.4%	2.26B YoY+1038.2%
Income from continuing operations	—	—	1.90B YoY-21.5%	2.43B YoY+7.6%	2.25B YoY+970.7%
Discontinued operations	-1.00M YoY+0.0%	-1.00M YoY-116.7%	6.00M YoY+500.0%	1.00M YoY-83.3%	6.00M YoY-66.7%
	$6.16 YoY-40.4%	$10.33 YoY+71.3%	$6.03 YoY-19.3%	$7.47 YoY+10.0%	$6.79 YoY+1030.1%
EPS (basic)	$6.20 YoY-40.4%	$10.40 YoY+71.6%	$6.06 YoY-19.4%	$7.52 YoY+9.8%	$6.85 YoY+1038.4%
	297M YoY-3.3%	307M YoY-2.5%	315M YoY-2.5%	323M YoY-2.1%	330M YoY-0.6%
	299M YoY-3.2%	309M YoY-2.5%	317M YoY-2.5%	325M YoY-2.4%	333M YoY+0.3%
Dividends per share	$2.72 YoY+9.7%	$2.48 YoY+7.8%	$2.30 YoY+8.5%	$2.12 YoY+8.2%	$1.96 YoY+4.3%
Balance Sheet	as ofSep 26 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofSep 24 ’21
	7.97B YoY+4.4%	7.63B YoY-3.3%	7.89B YoY+8.6%	7.27B YoY+0.1%	7.26B YoY+25.6%
Cash & equivalents	1.25B YoY-4.9%	1.32B YoY-20.6%	1.66B YoY+52.7%	1.09B YoY-9.6%	1.20B YoY+27.3%
Accounts receivable	3.40B YoY+11.4%	3.06B YoY+3.0%	2.97B YoY+3.6%	2.87B YoY-2.2%	2.93B YoY+23.2%
Inventory	2.70B YoY+7.2%	2.52B YoY-1.4%	2.55B YoY-4.6%	2.68B YoY+6.6%	2.51B YoY+28.8%
Prepaid expenses	609M YoY-17.7%	740M YoY+3.9%	712M YoY+11.4%	639M YoY+2.9%	621M YoY+21.3%
	25.1B YoY+9.7%	22.9B YoY+5.3%	21.7B YoY+4.5%	20.8B YoY-3.2%	21.5B YoY+11.5%
Property, plant & equipment	4.31B YoY+10.5%	3.90B YoY+4.0%	3.75B YoY+5.2%	3.57B YoY-5.6%	3.78B YoY+3.5%
Operating lease right-of-use	479M YoY+10.6%	433M YoY+11.0%	390M YoY-8.0%	424M YoY-4.5%	444M YoY-2.0%
Goodwill	7.13B YoY+22.8%	5.80B YoY+6.2%	5.46B YoY+3.9%	5.26B YoY-5.9%	5.59B YoY+7.0%
Intangible assets	2.23B YoY+89.7%	1.17B YoY-0.1%	1.18B YoY-8.8%	1.29B YoY-16.8%	1.55B YoY-2.8%
Deferred tax assets	2.51B YoY-28.3%	3.50B YoY+34.5%	2.60B YoY+4.1%	2.50B YoY-0.0%	2.50B YoY+14.7%
Other non-current assets	943M YoY+11.2%	848M YoY+2.4%	828M YoY-8.3%	903M YoY+15.3%	783M YoY-3.7%
	5.12B YoY+7.9%	4.75B YoY+6.3%	4.46B YoY-3.6%	4.63B YoY-0.5%	4.66B YoY+26.2%
Accounts payable	2.02B YoY+17.0%	1.73B YoY+10.6%	1.56B YoY-1.9%	1.59B YoY-16.6%	1.91B YoY+49.8%
Deferred revenue	115M YoY+98.3%	58.0M YoY-21.6%	74.0M YoY+17.5%	63.0M YoY+23.5%	51.0M YoY+8.5%
Short-term & current debt	852M YoY-2.2%	871M YoY+27.7%	682M YoY-25.4%	914M YoY+81.7%	503M YoY-27.5%
Current lease liability	126M YoY-1.6%	128M YoY+8.5%	118M YoY-6.3%	126M YoY+6.8%	118M YoY+1.7%
Other current liabilities	2.25B YoY+4.7%	2.15B YoY-3.2%	2.22B YoY+4.4%	2.13B YoY-5.2%	2.24B YoY+30.3%
	12.4B YoY+19.1%	10.4B YoY+3.1%	10.1B YoY+1.7%	9.88B YoY-7.7%	10.7B YoY+9.9%
Long-term debt	4.84B YoY+45.3%	3.33B YoY-5.6%	3.53B YoY+7.2%	3.29B YoY-8.3%	3.59B YoY+4.0%
Non-current lease liability	365M YoY+16.6%	313M YoY+11.8%	280M YoY-9.1%	308M YoY-7.8%	334M YoY-3.7%
Deferred tax liabilities	198M YoY-0.5%	199M YoY+7.6%	185M YoY-24.2%	244M YoY+34.8%	181M YoY+26.6%
Other non-current liabilities	1.01B YoY+16.1%	870M YoY+10.5%	787M YoY+9.6%	718M YoY-15.2%	847M YoY-3.1%
	12.6B YoY+1.9%	12.4B YoY+7.0%	11.6B YoY+6.9%	10.8B YoY+1.6%	10.6B YoY+13.3%
Common stock	3.00M YoY-97.8%	139M YoY-2.1%	142M YoY-2.7%	146M YoY-1.4%	148M YoY-0.7%
Retained earnings	13.9B YoY-4.1%	14.5B YoY+12.2%	12.9B YoY+0.9%	12.8B YoY+9.6%	11.7B YoY+13.2%
Treasury stock	1.36B YoY-41.6%	2.32B YoY+68.3%	1.38B YoY-17.9%	1.68B YoY+59.3%	1.05B YoY+57.7%
Accumulated other comprehensive income	6.00M YoY+20.0%	5.00M YoY+103.2%	-158M YoY+68.1%	-495M YoY-194.6%	-168M YoY+62.2%
Total equity incl. non-controlling	12.6B YoY+1.9%	12.4B YoY+7.0%	11.6B YoY+6.9%	10.8B YoY+1.6%	10.6B YoY+13.3%
Total liabilities & equity	25.1B YoY+9.7%	22.9B YoY+5.3%	21.7B YoY+4.5%	20.8B YoY-3.2%	21.5B YoY+11.5%
	303M YoY-4.3%	317M YoY-1.8%	322M YoY-2.5%	331M YoY-1.6%	336M YoY-0.8%
	294M YoY-1.7%	299M YoY-3.7%	311M YoY-2.0%	317M YoY-2.8%	326M YoY-1.3%
Cash Flow	as ofSep 26 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofSep 24 ’21
	4.14B YoY+19.0%	3.48B YoY+11.0%	3.13B YoY+26.9%	2.47B YoY-7.8%	2.68B YoY+34.3%
Depreciation & amortization	838M YoY+1.5%	826M YoY+4.0%	794M YoY+1.1%	785M YoY+2.1%	769M YoY+8.2%
Share-based compensation	149M YoY+17.3%	127M YoY+3.3%	123M YoY+3.4%	119M YoY+26.6%	94.0M YoY+27.0%
Deferred income taxes	938M YoY+218.9%	-789M YoY-924.7%	-77.0M YoY+47.6%	-147M YoY+58.5%	-354M YoY-166.2%
Change in receivables	341M YoY+154.5%	134M YoY-8.2%	146M YoY+173.0%	-200M YoY-138.6%	518M YoY+722.2%
Change in inventory	160M YoY+433.3%	30.0M YoY-33.3%	45.0M YoY+9.8%	41.0M YoY-92.6%	556M YoY+524.7%
	-3.57B YoY-275.6%	-950M YoY-23.7%	-768M YoY+12.5%	-878M YoY+15.3%	-1.04B YoY-19.9%
Capital expenditure	936M YoY+37.6%	680M YoY-7.1%	732M YoY-4.7%	768M YoY+11.3%	690M YoY+23.2%
Free cash flow	3.20B YoY+14.5%	2.80B YoY+16.5%	2.40B YoY+41.2%	1.70B YoY-14.4%	1.99B YoY+38.7%
Acquisitions	2.63B YoY+675.2%	339M YoY+208.2%	110M YoY-50.0%	220M YoY-48.0%	423M YoY+24.8%
Proceeds from sale of PP&E	11.0M YoY-31.3%	16.0M YoY+300.0%	4.00M YoY-96.2%	106M YoY+23.3%	86.0M YoY+405.9%
Other investing activities	15.0M YoY+150.0%	6.00M YoY+127.3%	-22.0M YoY-283.3%	12.0M YoY+100.0%	6.00M YoY+135.3%
	-629M YoY+78.1%	-2.87B YoY-60.0%	-1.79B YoY-6.5%	-1.68B YoY-21.5%	-1.39B YoY-25.4%
Long-term debt issued	2.23B YoY+541.1%	348M YoY-30.3%	499M YoY-15.1%	588M YoY-11.0%	661M YoY+11.5%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	1.35B YoY-34.7%	2.06B YoY+118.2%	945M YoY-33.1%	1.41B YoY+69.9%	831M YoY+58.9%
Dividends paid	803M YoY+5.7%	760M YoY+4.8%	725M YoY+5.8%	685M YoY+5.9%	647M YoY+3.5%
Other financing activities	-57.0M YoY+0.0%	-57.0M YoY-67.6%	-34.0M YoY+17.1%	-41.0M YoY-46.4%	-28.0M YoY+15.2%
FX effect on cash	—	—	—	—	5.00M YoY+225.0%
Net change in cash	-64.0M YoY+81.3%	-342M YoY-159.7%	573M YoY+598.3%	-115M YoY-144.6%	258M YoY+1333.3%
Interest paid	34.0M YoY-46.9%	64.0M YoY-14.7%	75.0M YoY+29.3%	58.0M YoY+0.0%	58.0M YoY+16.0%
Income taxes paid	276M YoY-41.9%	475M YoY+11.8%	425M YoY+1.0%	421M YoY+13.5%	371M YoY+44.4%
Valuation Ratios	as ofSep 26 ’25	as ofSep 27 ’24	as ofSep 29 ’23	as ofSep 30 ’22	as ofSep 24 ’21
Market cap	63.9B YoY+41.1%	45.2B YoY+17.8%	38.4B YoY+9.7%	35.0B YoY-25.5%	47.0B YoY+49.0%
P/E	34.7× YoY+144.7%	14.2× YoY-29.5%	20.1× YoY+39.4%	14.4× YoY-30.6%	20.8×
P/S	3.7× YoY+29.6%	2.9× YoY+19.2%	2.4× YoY+11.3%	2.2× YoY-31.7%	3.1× YoY+21.5%
P/B	5.1× YoY+38.6%	3.7× YoY+10.2%	3.3× YoY+2.5%	3.2× YoY-26.7%	4.4× YoY+31.5%
P/FCF	19.9× YoY+23.2%	16.2× YoY+1.1%	16.0× YoY-22.3%	20.6× YoY-13.0%	23.7× YoY+7.5%
	2.9% YoY-59.1%	7.1% YoY+41.9%	5.0% YoY-28.3%	6.9% YoY+44.2%	4.8%
	5.0% YoY-18.9%	6.2% YoY-1.1%	6.3% YoY+28.7%	4.9% YoY+14.9%	4.2% YoY-6.9%
	1.3% YoY-23.6%	1.6% YoY-11.9%	1.9% YoY-3.1%	1.9% YoY+41.2%	1.4% YoY-31.0%
Source filing	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.