TE Connectivity Ltd.
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. TE Connectivity Ltd.'s past years’ income statements indicate that its last revenue has decreased compared to the previous period by 1% to $15,845,000,000. The net income raised on $3,193,000,000 and profit margin reached 20%. Total operating expenses were $2,473,000,000.
Profit Margin
| 2015 | 12.23B | 2.42B | 19.78% |
|---|---|---|---|
| 2016 | 12.23B | 2.00B | 16.42% |
| 2017 | 13.11B | 1.68B | 12.83% |
| 2018 | 13.98B | 2.56B | 18.34% |
| 2019 | 13.44B | 1.84B | 13.71% |
| 2020 | 12.17B | -259M | -2.13% |
| 2021 | 14.92B | 2.26B | 15.15% |
| 2022 | 16.28B | 2.42B | 14.91% |
| 2023 | 16.03B | 1.91B | 11.91% |
| 2024 | 15.84B | 3.19B | 20.15% |
TEL Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 15.84B | 16.03B | 16.28B | 14.92B | 12.17B | 13.44B | 13.98B | 13.11B | 12.23B | 12.23B |
Cost of revenue | 10.38B | 10.97B | 11.03B | 10.03B | 8.43B | 9.05B | 9.24B | 8.66B | 8.20B | 8.14B |
Gross profit | 5.45B | 5.05B | 5.24B | 4.88B | 3.73B | 4.39B | 4.74B | 4.45B | 4.03B | 4.08B |
Operating exp. | ||||||||||
Research and development | 741M | 708M | 718M | 677M | 613M | 644M | 680M | 658M | 644M | 627M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 2.47B | 2.37B | 2.30B | 2.18B | 2.00B | 2.13B | 2.27B | 2.24B | 2.10B | 2.13B |
Operating income | 2.98B | 2.30B | 2.75B | 2.43B | 1.76B | 1.97B | 2.33B | 2.04B | 1.90B | 1.74B |
Other income (expenses), net | -186M | -36M | -23M | -56M | -13M | -47M | -139M | -156M | -656M | -174M |
Income before tax | 2.79B | 2.26B | 2.73B | 2.37B | 524M | 1.93B | 2.24B | 1.92B | 1.16B | 1.57B |
Income tax expense | -397M | 364M | 306M | 123M | 783M | -15M | -344M | 255M | -779M | 337M |
Net income | 3.19B | 1.91B | 2.42B | 2.26B | -259M | 1.84B | 2.56B | 1.68B | 2.00B | 2.42B |
Earnings per share | ||||||||||
Basic EPS | 10.4 | 6.06 | 7.52 | 6.85 | -0.78 | 5.71 | 7.33 | 4.74 | 5.49 | 5.98 |
Diluted EPS | 10.33 | 6.03 | 7.47 | 6.79 | -0.78 | 5.68 | 7.27 | 4.7 | 5.44 | 5.89 |
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