← TE Connectivity plc
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $12.2b | $13.1b | $14.0b | $13.4b | $12.2b | $14.9b | $16.3b | $16.0b | $15.8b | $17.3b | |
| Cost of Revenue | $8.2b | $8.7b | $9.2b | $9.1b | $8.4b | $10.0b | $11.0b | $11.0b | $10.4b | $11.2b | |
| Cost of sales | $8.2b | $8.7b | $9.2b | $9.1b | $8.4b | $10.0b | $11.0b | $11.0b | $10.4b | $11.2b | |
| Gross Profit | $4.0b | $4.5b | $4.7b | $4.4b | $3.7b | $4.9b | $5.2b | $5.1b | $5.5b | $6.1b | |
| Operating Income (Loss) | $1.9b | $2.0b | $2.3b | $2.0b | $537.0m | $2.4b | $2.8b | $2.3b | $2.8b | $3.2b | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | $149.0m | $169.0m | $180.0m | $180.0m | $182.0m | $193.0m | $192.0m | $187.0m | $166.0m | $190.0m | |
| Basic (in shares) | $366.0m | $355.0m | $350.0m | $338.0m | $332.0m | $330.0m | $323.0m | $315.0m | $307.0m | $297.0m | |
| Diluted (in shares) | $369.0m | $358.0m | $353.0m | $340.0m | $332.0m | $333.0m | $325.0m | $317.0m | $309.0m | $299.0m | |
| Goodwill, Impairment Loss | $0 | $0 | — | — | $900.0m | — | — | — | — | — | |
| Gross margin | $4.0b | $4.5b | $4.7b | $4.4b | $3.7b | $4.9b | $5.2b | $5.1b | $5.5b | $6.1b | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($115.0m) | ($75.0m) | ($245.0m) | ($216.0m) | ($1.1b) | ($336.0m) | ($4.0m) | ($137.0m) | ($96.0m) | ($70.0m) | |
| Income (Loss) from Continuing Operations, Per Basic Share | $5 | $5 | $7 | $6 | ($1) | $7 | $8 | $6 | $10 | $6 | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $5 | $5 | $7 | $6 | ($1) | $7 | $7 | $6 | $10 | $6 | |
| Income (loss) from discontinued operations, net of income taxes | $68.0m | $10.0m | ($19.0m) | ($102.0m) | $18.0m | $6.0m | $1.0m | $6.0m | ($1.0m) | ($1.0m) | |
| Income from continuing operations | $1.9b | $1.7b | $2.6b | $1.9b | ($259.0m) | $2.3b | $2.4b | $1.9b | $3.2b | $1.8b | |
| Income from continuing operations before income taxes | $1.2b | $1.9b | $2.2b | $1.9b | $524.0m | $2.4b | $2.7b | $2.3b | $2.8b | $3.2b | |
| Interest Income, Other | $19.0m | $20.0m | $15.0m | $19.0m | $15.0m | $17.0m | $15.0m | $60.0m | $87.0m | $83.0m | |
| Interest income | $19.0m | $20.0m | $15.0m | $19.0m | $15.0m | $17.0m | $15.0m | $60.0m | $87.0m | $83.0m | |
| Restructuring and other charges, net | $2.0m | $148.0m | $126.0m | $255.0m | $257.0m | $233.0m | $141.0m | $340.0m | $166.0m | $126.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $1.2b | $1.9b | $2.2b | $1.9b | $524.0m | $2.4b | $2.7b | $2.3b | $2.8b | $3.2b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $1.9b | $1.7b | $2.6b | $1.9b | ($259.0m) | $2.3b | $2.4b | $1.9b | $3.2b | $1.8b | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | — | — | — | $3.2b | $1.8b | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $68.0m | $10.0m | ($19.0m) | ($102.0m) | $18.0m | $6.0m | $1.0m | $6.0m | ($1.0m) | ($1.0m) | |
| Net Income (Loss) Attributable to Parent | $2.0b | $1.7b | $2.6b | $1.8b | ($241.0m) | $2.3b | $2.4b | $1.9b | $3.2b | $1.8b | |
| Earnings Per Share, Basic | $5.49 | $4.74 | $7.33 | $5.46 | ($0.73) | $6.85 | $7.52 | $6.06 | $10.40 | $6.20 | |
| Earnings Per Share, Diluted | $5.44 | $4.70 | $7.27 | $5.42 | ($0.73) | $6.79 | $7.47 | $6.03 | $10.33 | $6.16 | |
| Income (loss) from discontinued operations (in dollars per share) | $0.18 | $0.03 | ($0.05) | ($0.30) | $0.05 | $0.02 | — | $0.02 | — | — | |
| Income from continuing operations (in dollars per share) | $5.26 | $4.67 | $7.32 | $5.72 | ($0.78) | $6.77 | $7.47 | $6.01 | $10.34 | $6.16 | |
| Weighted Average Number of Shares Outstanding, Basic | 366.0m | 355.0m | 350.0m | 338.0m | 332.0m | 330.0m | 323.0m | 315.0m | 307.0m | 297.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 369.0m | 358.0m | 353.0m | 340.0m | 332.0m | 333.0m | 325.0m | 317.0m | 309.0m | 299.0m | |
| Acquisition and integration costs | $22.0m | $6.0m | $14.0m | $27.0m | $36.0m | $31.0m | $45.0m | $33.0m | $21.0m | $47.0m | |
| Current Income Tax Expense (Benefit) | ($957.0m) | $330.0m | $447.0m | $203.0m | $248.0m | $477.0m | $453.0m | $441.0m | $392.0m | $423.0m | |
| Interest Expense | $127.0m | $130.0m | $107.0m | $68.0m | $48.0m | $56.0m | $66.0m | $80.0m | ($70.0m) | ($77.0m) | |
| Interest Expense (non-operating) | — | — | — | — | — | — | — | — | $70.0m | $77.0m | |
| Other Nonoperating Income (Expense) | ($632.0m) | ($9.0m) | $1.0m | $2.0m | $20.0m | ($17.0m) | $28.0m | ($16.0m) | ($16.0m) | ($13.0m) | |
| Other expense, net | ($632.0m) | ($9.0m) | $1.0m | $2.0m | $20.0m | ($17.0m) | $28.0m | ($16.0m) | ($16.0m) | ($13.0m) | |
| Research and Development Expense | $566.0m | $595.0m | $606.0m | $572.0m | $539.0m | $612.0m | $610.0m | $593.0m | $621.0m | $699.0m | |
| Research, development, and engineering expenses | $644.0m | $658.0m | $680.0m | $644.0m | $613.0m | $677.0m | $718.0m | $708.0m | $741.0m | $829.0m | |
| Restructuring and Related Cost, Incurred Cost | $135.0m | $166.0m | $164.0m | $277.0m | $283.0m | $237.0m | $183.0m | $270.0m | $156.0m | $118.0m | |
| Selling, General and Administrative Expense | $1.5b | $1.6b | $1.6b | $1.5b | $1.4b | $1.5b | $1.6b | $1.7b | $1.7b | $1.9b | |
| Selling, general, and administrative expenses | $1.5b | $1.6b | $1.6b | $1.5b | $1.4b | $1.5b | $1.6b | $1.7b | $1.7b | $1.9b | |
| Income Tax Expense (Benefit) | ($779.0m) | $255.0m | ($344.0m) | ($15.0m) | $783.0m | $123.0m | $306.0m | $364.0m | ($397.0m) | $1.4b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.