TE Connectivity Ltd (TEL)
Pretax margin
| Sep 30, 2023 | Sep 30, 2022 | Sep 30, 2021 | Sep 30, 2020 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 2,274,000 | 2,734,000 | 2,384,000 | 542,000 | 1,829,000 |
| Revenue | US$ in thousands | 15,954,000 | 16,215,000 | 14,867,000 | 12,124,000 | 13,380,000 |
| Pretax margin | 14.25% | 16.86% | 16.04% | 4.47% | 13.67% |
September 30, 2023 calculation
Pretax margin = EBT ÷ Revenue
= $2,274,000K ÷ $15,954,000K
= 14.25%
TE Connectivity Ltd's pretax margin has seen fluctuations over the past five years. In 2023, the pretax margin stood at 14.25%, showing a decline from the previous year's 16.86%. However, compared to 2020, when the pretax margin was 4.47%, the current margin remains significantly higher, indicating an improvement in profitability. It is worth noting that in 2021, the pretax margin was 16.04%, indicating a relatively strong performance. Overall, the company has demonstrated varying levels of profitability over the years, with fluctuations in economic conditions and operational efficiency likely influencing these changes.
Peer comparison
Sep 30, 2023