TE Connectivity Ltd (TEL)
Net profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 3,193,000 | 1,910,000 | 2,428,000 | 2,261,000 | -241,000 |
| Revenue | US$ in thousands | 15,845,000 | 15,954,000 | 16,215,000 | 14,867,000 | 12,124,000 |
| Net profit margin | 20.15% | 11.97% | 14.97% | 15.21% | -1.99% |
September 30, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $3,193,000K ÷ $15,845,000K
= 20.15%
TE Connectivity Ltd's net profit margin has exhibited fluctuations over the past five years. In 2024, the company's net profit margin improved significantly to 20.15%, marking a strong performance compared to the previous year. This increase indicates that the company was able to convert a higher percentage of its revenue into net income.
In the prior year, 2023, TE Connectivity achieved a net profit margin of 11.97%, which was lower than most of the other years in the table. However, it rebounded in 2022 with a net profit margin of 14.97%, showing improved profitability compared to the previous year.
The year 2021 saw TE Connectivity's net profit margin at 15.21%, maintaining a relatively stable level compared to 2022. Furthermore, the company was able to recover from a negative net profit margin in 2020, showcasing a significant improvement in profitability.
Overall, TE Connectivity Ltd's net profit margin performance indicates variability over the five-year period, with fluctuations reflecting changes in the company's profitability and efficiency in managing its operational costs and revenue generation.
Peer comparison
Sep 30, 2024