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TE Connectivity TEL Industrial Solutions — Goodwill Acquired

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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)$2.55+19.2%

Balance sheet

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Cash & equivalents$1.1B-56.5%
Total debt$5.6B+70.2%
Total equity$12.4B
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+60.0%

Valuation

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Market cap$62.63B+6.1%
Enterprise value$67.07B+6.1%

Profitability

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Gross margin36.1%+1.2pp
Operating margin19.7%+2.0pp
Net margin15.5%+6.9pp
FCF margin18.1%+0.8pp

Returns & leverage

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Debt / equity0.2×
Current ratio1.9×+0.4×

Where this comes from

Reported directly by TE Connectivity in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: TE Connectivity’s 10-Q, filed July 25, 2025.

Filed
Jul 25, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q2 2025
Accession
0001558370-25-009599

During the quarter ended June 27, 2025, we completed the acquisition of Richards Manufacturing and recognized $1,142 million of goodwill which benefits the Industrial Solutions segment. Also, during the nine months ended June 27, 2025, we recognized goodwill in the Industrial Solutions segment in connection with other recent acquisitions. See Note 3 for additional information regarding acquisitions.

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is TE Connectivity's industrial solutions — goodwill acquired?
TE Connectivity (TEL) reported industrial solutions — goodwill acquired of $1.14B in Q2 2025.
What does industrial solutions — goodwill acquired mean?
The amount of goodwill added to the Industrial Solutions segment balance sheet during the reporting period due to new business acquisitions. This reflects the capital deployed for inorganic growth within the industrial market.

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