TE Connectivity Ltd. (TEL) Key Metrics
TEL valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $61.56B
- Enterprise value
- $66.46B
- P/E (TTM)
- 20.8 10-yr median 16.4
- Forward P/E
- 16.6
- PEG ratio
- 0.92
- Price / sales
- 3.2 10-yr median 2.4
- Price / book
- 4.7 10-yr median 3.4
- EV / EBITDA
- 13.6 10-yr median 13.6
- Dividend yield
- 1.47% $3.12 a year
- Beta
- 1.14
TEL key metrics, FY2016–FY2025
Fiscal year ended September 30, 2025 · U.S. dollarsTEL valuation Price multiples at each fiscal year-end price.
TEL returns How much profit the business earns on the capital it uses.
TEL per-share figures Results divided by the shares outstanding at year-end.
TEL financial health Debt, liquidity and how easily interest is covered.
TEL efficiency & capital use Working capital cycle and where the cash goes.
TEL valuation history
TEL returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
TEL debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
TEL cash returned to shareholders
TEL price vs earnings per share
TEL key metrics
FY2016–FY2025| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $65.64B | $46.66B | $39.16B | $35.87B | $45.69B | $32.45B | $31.68B | $31.04B | $29.74B | $23.76B |
| Enterprise value | $70.93B | $50.29B | $42.39B | $39.73B | $49.37B | $36.46B | $34.72B | $34.19B | $32.86B | $27.18B |
| P/E ratio | 35.6 | 14.6 | 20.5 | 14.8 | 20.2 | — | 16.4 | 12.1 | 17.7 | 12.0 |
| Price / sales | 3.8 | 2.9 | 2.4 | 2.2 | 3.1 | 2.7 | 2.4 | 2.2 | 2.3 | 1.9 |
| Price / book | 5.2 | 3.8 | 3.4 | 3.3 | 4.3 | 3.5 | 3.0 | 2.9 | 3.0 | 2.8 |
| Price / free cash flow | 20.5 | 16.7 | 16.3 | 21.1 | 23.0 | 22.7 | 18.9 | 20.5 | 18.4 | 18.4 |
| Price / operating cash flow | 15.9 | 13.4 | 12.5 | 14.5 | 17.1 | 16.3 | 13.1 | 12.7 | 12.8 | 12.4 |
| EV / sales | 4.2 | 3.2 | 2.6 | 2.4 | 3.3 | 3.0 | 2.6 | 2.4 | 2.5 | 2.2 |
| EV / EBITDA | 17.2 | 13.6 | 13.5 | 11.1 | 15.4 | 28.4 | 12.9 | 11.3 | 13.4 | 14.5 |
| EV / free cash flow | 22.1 | 18.0 | 17.7 | 23.4 | 24.9 | 25.5 | 20.8 | 22.6 | 20.3 | 21.0 |
| Earnings yield | 2.8% | 6.8% | 4.9% | 6.8% | 4.9% | −0.7% | 6.1% | 8.3% | 5.6% | 8.3% |
| Free cash flow yield | 4.9% | 6.0% | 6.1% | 4.7% | 4.3% | 4.4% | 5.3% | 4.9% | 5.4% | 5.4% |
| Dividend yield | 1.2% | 1.6% | 1.9% | 1.9% | 1.4% | 1.9% | 1.9% | 1.9% | 1.8% | 2.1% |
| Shareholder yield (dividends + buybacks) | 3.3% | 6.0% | 4.3% | 5.8% | 3.2% | 3.5% | 5.4% | 4.7% | 3.9% | 13.9% |
| Share price at fiscal year-end | $219.53 | $150.99 | $123.53 | $110.36 | $137.22 | $97.74 | $93.18 | $87.93 | $83.06 | $64.38 |
| Per share | ||||||||||
| Revenue per share | $57.15 | $51.28 | $50.58 | $50.10 | $44.81 | $36.66 | $39.55 | $39.63 | $36.63 | $33.17 |
| Earnings per share | $6.16 | $10.33 | $6.03 | $7.47 | $6.79 | −$0.73 | $5.68 | $7.27 | $4.69 | $5.37 |
| Operating cash flow per share | $13.84 | $11.25 | $9.88 | $7.59 | $8.04 | $6.00 | $7.12 | $6.94 | $6.48 | $5.21 |
| Free cash flow per share | $10.71 | $9.05 | $7.57 | $5.23 | $5.96 | $4.31 | $4.92 | $4.29 | $4.52 | $3.51 |
| Cash per share | $4.20 | $4.27 | $5.24 | $3.35 | $3.61 | $2.85 | $2.73 | $2.40 | $3.40 | $1.75 |
| Book value per share | $42.09 | $39.98 | $36.44 | $33.24 | $31.93 | $28.26 | $31.09 | $30.68 | $27.24 | $22.99 |
| Tangible book value per share | $10.81 | $17.41 | $15.50 | $13.10 | $10.50 | $7.73 | $9.51 | $9.75 | $6.31 | $2.91 |
| Dividends per share | $2.69 | $2.46 | $2.29 | $2.11 | $1.94 | $1.88 | $1.79 | $1.67 | $1.53 | $1.38 |
| Capex per share | $3.13 | $2.20 | $2.31 | $2.36 | $2.07 | $1.69 | $2.20 | $2.65 | $1.96 | $1.70 |
| Debt per share | $21.91 | $16.04 | $15.42 | $15.22 | $14.65 | $14.93 | $11.66 | $11.33 | $12.13 | $11.03 |
| Shares outstanding | 299.0M | 309.0M | 317.0M | 325.0M | 333.0M | 332.0M | 340.0M | 353.0M | 358.0M | 369.0M |
| Change in shares outstanding | −3.2% | −2.5% | −2.5% | −2.4% | +0.3% | −2.4% | −3.7% | −1.4% | −3.0% | −10.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 14.8% | 26.7% | 17.1% | 22.7% | 22.6% | −2.4% | 18.0% | 24.9% | 18.4% | 21.9% |
| Return on invested capital (ROIC) | 10.9% | 18.2% | 15.5% | 17.6% | 17.9% | 6.6% | 15.9% | 18.2% | 15.3% | 17.5% |
| Return on assets (ROA) | 7.7% | 14.3% | 9.0% | 11.5% | 11.1% | −1.2% | 9.6% | 12.9% | 9.1% | 10.4% |
| Return on tangible assets | 11.7% | 20.1% | 12.7% | 17.1% | 15.8% | −1.9% | 15.6% | 19.7% | 14.1% | 19.4% |
| Free cash flow margin | 18.7% | 17.7% | 15.0% | 10.4% | 13.3% | 11.8% | 12.4% | 10.8% | 12.3% | 10.6% |
| Income quality (OCF / net income) | 2.25 | 1.09 | 1.64 | 1.02 | 1.18 | — | 1.25 | 0.95 | 1.38 | 0.97 |
| Financial health | ||||||||||
| Total debt | $6.55B | $4.96B | $4.89B | $4.95B | $4.88B | $4.96B | $3.96B | $4.00B | $4.34B | $4.07B |
| Cash & short-term investments | $1.25B | $1.32B | $1.66B | $1.09B | $1.20B | $945.0M | $927.0M | $848.0M | $1.22B | $647.0M |
| Net debt | $5.29B | $3.64B | $3.23B | $3.86B | $3.67B | $4.01B | $3.04B | $3.15B | $3.13B | $3.42B |
| Debt / equity | 0.52 | 0.40 | 0.42 | 0.46 | 0.46 | 0.53 | 0.38 | 0.37 | 0.45 | 0.48 |
| Debt / assets | 0.26 | 0.22 | 0.23 | 0.24 | 0.23 | 0.26 | 0.20 | 0.20 | 0.22 | 0.23 |
| Net debt / EBITDA | 1.29 | 0.99 | 1.03 | 1.08 | 1.15 | 3.13 | 1.13 | 1.05 | 1.27 | 1.83 |
| Current ratio | 1.56 | 1.61 | 1.77 | 1.57 | 1.56 | 1.57 | 1.57 | 1.41 | 1.54 | 1.56 |
| Quick ratio | 1.03 | 1.08 | 1.20 | 0.99 | 1.02 | 1.04 | 1.05 | 0.98 | 1.07 | 1.04 |
| Interest coverage | 41.7 | 39.9 | 34.0 | 43.4 | 46.6 | 37.0 | 32.3 | 22.9 | 16.1 | 15.2 |
| Working capital | $2.85B | $2.88B | $3.43B | $2.64B | $2.61B | $2.09B | $2.01B | $1.79B | $2.08B | $1.71B |
| Invested capital | $17.88B | $15.99B | $14.78B | $14.66B | $14.31B | $13.39B | $13.61B | $13.98B | $12.88B | $11.91B |
| Tangible asset value | $3.38B | $5.51B | $5.02B | $4.35B | $3.61B | $2.68B | $3.23B | $3.44B | $2.26B | $1.07B |
| Net current asset value | −$4.38B | −$2.74B | −$2.17B | −$2.62B | −$3.45B | −$3.96B | −$3.57B | −$3.36B | −$3.73B | −$4.35B |
| Graham number | $76.38 | $96.42 | $70.28 | $74.75 | $69.85 | — | $63.01 | $70.85 | $53.63 | $52.69 |
| Graham net-net per share | −$24.06 | −$17.80 | −$15.44 | −$16.34 | −$18.20 | −$18.21 | −$16.29 | −$17.02 | −$16.55 | −$16.65 |
| Capital allocation | ||||||||||
| Dividends paid | $803.0M | $760.0M | $725.0M | $685.0M | $647.0M | $625.0M | $608.0M | $588.0M | $546.0M | $509.0M |
| Share buybacks (net) | $1.35B | $2.06B | $945.0M | $1.41B | $831.0M | $523.0M | $1.09B | $879.0M | $614.0M | $2.79B |
| Dividend payout ratio | 43.6% | 23.8% | 38.0% | 28.2% | 28.6% | — | 31.5% | 22.9% | 32.5% | 25.7% |
| Dividends + buybacks / free cash flow | 67.1% | 100.9% | 69.6% | 123.4% | 74.4% | 80.2% | 101.6% | 96.8% | 71.6% | 254.7% |
| Capex / revenue | 5.5% | 4.3% | 4.6% | 4.7% | 4.6% | 4.6% | 5.6% | 6.7% | 5.4% | 5.1% |
| Capex / operating cash flow | 22.6% | 19.6% | 23.4% | 31.1% | 25.8% | 28.1% | 30.9% | 38.1% | 30.2% | 32.7% |
| Capex / depreciation | 1.12 | 0.82 | 0.92 | 0.98 | 0.90 | 0.79 | 1.09 | 1.40 | 1.11 | 1.07 |
| Stock-based compensation / revenue | 0.9% | 0.8% | 0.8% | 0.7% | 0.6% | 0.6% | 0.6% | 0.7% | 0.8% | 0.7% |
| R&D / revenue | 4.9% | 4.7% | 3.7% | 3.7% | 4.1% | 4.4% | 4.3% | 4.3% | 4.2% | 4.6% |
| SG&A / revenue | 10.9% | 10.9% | 10.4% | 9.7% | 10.1% | 11.4% | 11.1% | 11.4% | 11.8% | 11.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 69.0 | 69.4 | 66.4 | 64.9 | 64.9 | 70.4 | 63.5 | 58.7 | 58.2 | 62.1 |
| Days of inventory on hand | 85.1 | 89.0 | 86.3 | 84.9 | 79.9 | 81.2 | 73.9 | 71.9 | 77.1 | 70.7 |
| Days payables outstanding | 61.2 | 57.8 | 52.1 | 57.3 | 57.1 | 56.5 | 58.1 | 57.5 | 56.1 | 49.2 |
| Cash conversion cycle (days) | 92.9 | 100.6 | 100.6 | 92.5 | 87.7 | 95.1 | 79.3 | 73.1 | 79.3 | 83.7 |
| Receivables turnover | 5.29 | 5.26 | 5.50 | 5.62 | 5.63 | 5.18 | 5.75 | 6.22 | 6.27 | 5.88 |
| Payables turnover | 5.97 | 6.31 | 7.01 | 6.36 | 6.40 | 6.46 | 6.28 | 6.35 | 6.51 | 7.42 |
| Inventory turnover | 4.29 | 4.10 | 4.23 | 4.30 | 4.57 | 4.50 | 4.94 | 5.08 | 4.73 | 5.16 |
| Asset turnover | 0.71 | 0.71 | 0.75 | 0.77 | 0.73 | 0.63 | 0.67 | 0.70 | 0.71 | 0.64 |
| Average receivables | $3.23B | $3.01B | $2.92B | $2.90B | $2.65B | $2.35B | $2.34B | $2.25B | $2.09B | $2.08B |
| Average payables | $1.87B | $1.65B | $1.58B | $1.75B | $1.59B | $1.32B | $1.45B | $1.47B | $1.24B | $1.12B |
| Average inventory | $2.61B | $2.53B | $2.61B | $2.59B | $2.23B | $1.89B | $1.85B | $1.83B | $1.70B | $1.61B |
| Intangibles / total assets | 37.3% | 30.5% | 30.6% | 31.5% | 33.3% | 35.4% | 37.2% | 36.2% | 38.6% | 42.1% |
Computed from TEL's annual financial statements (latest annual report filed November 10, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
TEL valuation and financial ratios
At the end of fiscal 2025 (September 30, 2025), TE Connectivity traded at 35.6 times earnings, against a 10-year median of 16.4. Based on the latest twelve months, the trailing P/E is 20.8 and the forward P/E is 16.6. TE Connectivity earned a return on equity of 14.8% and a return on invested capital of 10.9% in fiscal 2025. It ended the year with $6.5 billion of debt and $1.3 billion in cash and short-term investments, net debt of $5.3 billion. It returned $2.1 billion to shareholders: $803.0 million in dividends and $1.3 billion in share buybacks, 67% of free cash flow. The share count fell 19.0% from 369.0M to 299.0M over 9 years.
See the TEL income statement, the TEL chart for price history, or the TEL stock overview for the latest quote and news.
TEL key metrics FAQ
What is TE Connectivity's P/E ratio?
TE Connectivity's trailing P/E ratio is 20.8 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 16.6. At the end of fiscal 2025 it was 35.6, compared with a 10-year median of 16.4.
What is TE Connectivity's EV/EBITDA?
TE Connectivity's enterprise value was 17.2 times EBITDA at the end of fiscal 2025 (enterprise value $70.9 billion, EBITDA $4.1 billion); the current EV/EBITDA is 13.6.
What is TE Connectivity's return on equity?
TE Connectivity's return on equity (ROE) was 14.8% in fiscal 2025: net income of $1.8 billion on average shareholders' equity of $12.5 billion.
What is TE Connectivity's ROIC?
TE Connectivity's return on invested capital was 10.9% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does TE Connectivity have?
TE Connectivity had total debt of $6.5 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.52 and $5.3 billion of net debt (1.29 times EBITDA).
What is TE Connectivity's dividend yield?
TE Connectivity's forward dividend yield is 1.47%. TE Connectivity paid $803.0 million in dividends in fiscal 2025 ($2.69 per share), a payout ratio of 43.6%.
Does TE Connectivity buy back its shares?
Yes. TE Connectivity spent $1.3 billion on net share repurchases in fiscal 2025 Shares outstanding changed −3.2% over the year, to 299.0M..
What is TE Connectivity's free cash flow yield?
TE Connectivity generated $3.2 billion of free cash flow in fiscal 2025, a free cash flow yield of 4.9% on its market value at year-end ($65.6 billion).
What is TE Connectivity's current ratio?
TE Connectivity's current ratio was 1.56 at the end of fiscal 2025: current assets were 1.56 times current liabilities.