TE Connectivity Ltd. (TEL)

TE Connectivity Income Statement

Financials in millions USD. Fiscal year is October - September.

Year Ending	TTM	Sep 29, 2023	Sep 30, 2022	Sep 24, 2021	Sep 25, 2020	Sep 27, 2019
Revenue	15,831	16,034	16,281	14,923	12,172	13,448
Revenue Growth (YoY)	-3.80%	-1.52%	9.10%	22.60%	-9.49%	-3.86%
Cost of Revenue	10,560	10,979	11,037	10,036	8,437	9,054
Gross Profit	5,271	5,055	5,244	4,887	3,735	4,394
Selling, General & Admin	1,711	1,670	1,584	1,512	1,392	1,490
Research & Development	707	708	718	677	613	644
Other Operating Expenses	198	373	186	264	1,193	282
Operating Expenses	2,616	2,751	2,488	2,453	3,198	2,416
Operating Income	2,655	2,304	2,756	2,434	537	1,978
Interest Expense / Income	76	80	66	56	48	68
Other Expense / Income	-63	-50	-44	-6	-53	81
Pretax Income	2,642	2,274	2,734	2,384	542	1,829
Income Tax	-782	364	306	123	783	-15
Net Income	3,424	1,910	2,428	2,261	-241	1,844
Net Income Growth	60.60%	-21.33%	7.39%	-	-	-28.11%
Shares Outstanding (Basic)	308	315	323	330	332	338
Shares Outstanding (Diluted)	310	317	325	333	332	340
Shares Change	-2.52%	-2.46%	-2.40%	0.30%	-2.35%	-3.68%
EPS (Basic)	11.00	6.06	7.52	6.85	-0.73	5.46
EPS (Diluted)	10.94	6.03	7.47	6.79	-0.73	5.42
EPS Growth	64.76%	-19.28%	10.01%	-	-	-25.45%
Free Cash Flow	2,672	2,404	1,806	2,072	1,449	1,716
Free Cash Flow Per Share	8.68	7.63	5.59	6.28	4.36	5.08
Dividend Per Share	2.360	2.300	2.120	1.960	1.880	1.800
Dividend Growth	5.36%	8.49%	8.16%	4.26%	4.44%	7.14%
Gross Margin	33.30%	31.53%	32.21%	32.75%	30.69%	32.67%
Operating Margin	16.77%	14.37%	16.93%	16.31%	4.41%	14.71%
Profit Margin	21.63%	11.91%	14.91%	15.15%	-1.98%	13.71%
Free Cash Flow Margin	16.88%	14.99%	11.09%	13.88%	11.90%	12.76%
Effective Tax Rate	-29.60%	16.01%	11.19%	5.16%	144.46%	-0.82%
EBITDA	3,504	3,148	3,585	3,209	1,301	2,587
EBITDA Margin	22.13%	19.63%	22.02%	21.50%	10.69%	19.24%
Depreciation & Amortization	786	794	785	769	711	690
EBIT	2,718	2,354	2,800	2,440	590	1,897
EBIT Margin	17.17%	14.68%	17.20%	16.35%	4.85%	14.11%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).