TE Connectivity Ltd (TEL)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,193,000 | 3,469,000 | 3,424,000 | 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 |
| Revenue (ttm) | US$ in thousands | 15,808,000 | 15,756,000 | 15,755,000 | 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 |
| Net profit margin | 20.20% | 22.02% | 21.73% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,193,000K ÷ $15,808,000K
= 20.20%
TE Connectivity Ltd's net profit margin has shown some fluctuations over the past several quarters. The net profit margin, which indicates the percentage of revenue that translates into profit for the company, ranged from -1.99% to 22.02% during this period.
The trend indicates a general improvement in profitability from the end of 2019 to mid-2021, with net profit margins steadily increasing. However, there was a significant decline in the margin in the last three quarters of 2021 and the first quarter of 2022, with margins dropping to single digits and even turning negative in some quarters.
Since then, there has been a recovery in profitability, with the net profit margin consistently above 10%. The most recent data point shows a net profit margin of 20.20% as of September 30, 2024, indicating a strong profitability level for the company at that time.
Overall, the analysis suggests that TE Connectivity Ltd has experienced fluctuations in net profit margin but has managed to improve profitability in recent quarters. Continual monitoring of this metric is essential to assess the company's financial performance and sustainability.
Peer comparison
Sep 30, 2024