TE Connectivity Ltd (TEL)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 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 | 1,978,000 | 2,104,000 | 2,138,000 |
| 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 |
| Operating profit margin | 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% | 14.77% | 15.47% | 15.31% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $2,500,000K ÷ $15,947,000K
= 15.68%
TE Connectivity Ltd's operating profit margin has shown fluctuations over the periods presented. The operating profit margin ranged from a low of 4.12% in the fourth quarter of 2020 to a high of 17.83% in the first quarter of 2022. Generally, the trend indicates a mix of stability and variability in the company's ability to generate profits from its core operations. It is notable that the operating profit margin has improved in recent quarters compared to the lower margins seen in the fourth quarter of 2021 and third quarter of 2021. Overall, TE Connectivity Ltd's operating profit margin appears to have rebounded from its lower levels, showcasing positive developments in the company's operational efficiency and profitability.
Peer comparison
Dec 31, 2023