TE Connectivity Ltd (TEL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 2,796,000 | 2,780,000 | 2,655,000 | 2,500,000 | 2,304,000 | 2,329,000 | 2,418,000 | 2,586,000 | 2,756,000 | 2,756,000 | 2,751,000 | 2,658,000 | 2,434,000 | 2,121,000 | 1,541,000 | 514,000 | 537,000 | 634,000 | 1,020,000 | 1,965,000 |
| 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 |
| Operating profit margin | 17.69% | 17.64% | 16.85% | 15.68% | 14.44% | 14.31% | 14.76% | 15.93% | 17.00% | 17.58% | 17.83% | 17.53% | 16.37% | 14.81% | 11.83% | 4.12% | 4.42% | 5.21% | 7.84% | 14.85% |
September 30, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,796,000K ÷ $15,808,000K
= 17.69%
TE Connectivity Ltd's operating profit margin has shown fluctuations over the past few quarters. The operating profit margin increased from 14.85% in Q4 2019 to 17.83% in Q1 2022, showing an upward trend. However, there was a slight decline in the margin in Q2 and Q3 2022. The margin reached its highest point at 17.83% in Q1 2022 and then experienced a gradual decrease to 16.85% in Q3 2024.
Overall, TE Connectivity Ltd has maintained a healthy operating profit margin above 10% consistently since Q4 2020, indicating efficient cost management and profitability in its operations. However, the recent slight downward trend in the margin in the last two quarters may need monitoring to ensure sustainable profitability in the future.
Peer comparison
Sep 30, 2024