TE Connectivity Ltd (TEL)
Operating profit margin
| Sep 30, 2024 | Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 2,796,000 | 2,304,000 | 2,756,000 | 2,434,000 | 537,000 |
| Revenue | US$ in thousands | 15,845,000 | 15,954,000 | 16,215,000 | 14,867,000 | 12,124,000 |
| Operating profit margin | 17.65% | 14.44% | 17.00% | 16.37% | 4.43% |
September 30, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $2,796,000K ÷ $15,845,000K
= 17.65%
TE Connectivity Ltd's operating profit margin has shown a positive trend over the past five years, indicating an improvement in the company's operational efficiency and profitability. The operating profit margin increased from 4.43% in 2020 to 17.65% in 2024, demonstrating a significant enhancement in generating profits from its core business activities. This sustained improvement suggests that TE Connectivity Ltd has effectively managed its operating expenses and has been successful in maximizing its operating income relative to revenue. The company's ability to consistently expand its operating profit margin bodes well for its financial performance and overall business stability.
Peer comparison
Sep 30, 2024