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TE Connectivity TEL Debt-to-equity

Debt-to-equity at other companies

Hubbell logo
HubbellHUBB
0.6×+0.2×
ITT logo
ITTITT
0.7×+0.4×
Honeywell International logo
Honeywell InternationalHON
2.8×+0.8×
Amphenol logo
AmphenolAPH
-0.7×
Fortive logo
FortiveFTV
0.6×+0.2×
Motorola Solutions, Inc. logo
Motorola Solutions, Inc.MSI
3.8×0.0×

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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Current ratio1.9×+0.4×

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 26, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is TE Connectivity's debt-to-equity?
TE Connectivity (TEL) reported debt-to-equity of 0.2× in Q1 2024.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.