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TE Connectivity TEL Current ratio

Current ratio at other companies

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HubbellHUBB
1.6×+0.4×
ITT logo
ITTITT
1.5×+0.3×
Honeywell International logo
Honeywell InternationalHON
1.4×+0.1×
Amphenol logo
AmphenolAPH
1.7×-0.3×
Fortive logo
FortiveFTV
0.7×-0.3×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
1.1×-0.1×

Other financials

Income statement

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Revenue$4.7B+14.5%
Gross profit$1.7B+19.6%
Operating income$954.0M+27.5%
Net income$855.0M+6,477%
EPS (diluted)$2.90+7,150%

Balance sheet

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Cash & equivalents$1.1B-56.5%
Total debt$5.6B+70.2%
Total assets$25.7B+8.6%

Cash flow

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Operating cash flow$947.0M+45.0%
CapEx$270.0M+17.4%
Free cash flow$677.0M+60.1%

Valuation

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Market cap$61.94B+45.5%
Enterprise value$66.38B+53.4%
P/E21.3×-9.3×
P/S3.3×+0.7×

Profitability

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Gross margin36.1%+1.2pp
Operating margin19.7%+2.0pp
Net margin15.5%+6.9pp

Returns & leverage

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Debt / equity0.2×

Where this comes from

Calculated from TE Connectivity’s reported figures.

Based on the most recent quarter.

The official record: TE Connectivity’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is TE Connectivity's current ratio?
TE Connectivity (TEL) reported current ratio of 1.9× in Q1 2026.
How has TE Connectivity's current ratio changed year-over-year?
TE Connectivity's current ratio increased by 24.8% year-over-year, from 1.5× to 1.9×.
What is the long-term trend for TE Connectivity's current ratio?
Over 4 years (2021 to 2025), TE Connectivity's current ratio has grown at a 0.3% compound annual growth rate (CAGR), from 6.2× to 6.3×.
What does current ratio mean?
Whether the company has enough short-term assets to cover its short-term bills.
How do you interpret current ratio?
Above 1.0 means short-term assets cover short-term liabilities. Very high values can signal idle cash or bloated inventory/receivables rather than strength — there's a healthy middle, not 'more is better'.
How does current ratio compare across companies?
Comparable within an industry. Working-capital-light businesses can operate safely below 1.0 by collecting before they pay.