TE Connectivity Ltd (TEL)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,316,000 | 1,910,000 | 2,066,000 | 2,132,000 | 2,259,000 | 2,428,000 | 2,514,000 | 2,500,000 | 2,446,000 | 2,261,000 | 1,697,000 | 1,076,000 | 114,000 | -241,000 | -99,000 | 699,000 | 1,594,000 | 1,844,000 | 3,133,000 | 2,830,000 |
| Revenue (ttm) | US$ in thousands | 15,947,000 | 15,954,000 | 16,279,000 | 16,380,000 | 16,229,000 | 16,215,000 | 15,678,000 | 15,430,000 | 15,166,000 | 14,867,000 | 14,324,000 | 13,028,000 | 12,487,000 | 12,136,000 | 12,175,000 | 13,016,000 | 13,229,000 | 13,393,000 | 13,602,000 | 13,965,000 |
| Net profit margin | 20.79% | 11.97% | 12.69% | 13.02% | 13.92% | 14.97% | 16.04% | 16.20% | 16.13% | 15.21% | 11.85% | 8.26% | 0.91% | -1.99% | -0.81% | 5.37% | 12.05% | 13.77% | 23.03% | 20.26% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,316,000K ÷ $15,947,000K
= 20.79%
TE Connectivity Ltd's net profit margin has exhibited fluctuations over the past few quarters. The net profit margin measures the percentage of revenue that translates into profit after all expenses are deducted.
The net profit margin ranged from a low of -1.99% in Sep 2020 to a high of 23.03% in Mar 2019. In the most recent quarter, Dec 2023, the net profit margin stood at 20.79%, indicating that the company retained 20.79% of its revenue as profit. This is a significant improvement from the previous quarter, where the net profit margin was 11.97%.
It is essential for investors and stakeholders to monitor the trend in net profit margin to assess the company's profitability and efficiency in generating profit from its operations. The fluctuations in net profit margin may be influenced by various factors, such as changes in sales volume, operating expenses, or one-time expenses impacting the profitability of the company.
Peer comparison
Dec 31, 2023