TE Connectivity Ltd (TEL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 2,796,000 | 2,772,000 | 2,642,000 | 2,488,000 | 2,274,000 | 2,293,000 | 2,379,000 | 2,542,000 | 2,734,000 | 2,709,000 | 2,703,000 | 2,619,000 | 2,384,000 | 2,096,000 | 1,536,000 | 510,000 | 542,000 | 636,000 | 1,004,000 | 1,948,000 |
| 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 |
| Pretax margin | 17.69% | 17.59% | 16.77% | 15.60% | 14.25% | 14.09% | 14.52% | 15.66% | 16.86% | 17.28% | 17.52% | 17.27% | 16.04% | 14.63% | 11.79% | 4.08% | 4.47% | 5.22% | 7.71% | 14.73% |
September 30, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $2,796,000K ÷ $15,808,000K
= 17.69%
TE Connectivity Ltd's pretax margin has shown fluctuations over the past few quarters. From December 2019 to September 2020, the pretax margin ranged from 4.08% to 7.71%, indicating some instability in the company's profitability. However, starting from March 2021, there was a significant improvement in the pretax margin, reaching a peak of 17.69% in September 2024.
Overall, the trend shows an upward trajectory in the pretax margin, reflecting an improvement in TE Connectivity Ltd's ability to generate profit before taxes. This positive trend may indicate effective cost management, operational efficiency, or potentially increased revenue generation. Investors and stakeholders may view this improvement favorably as it suggests the company's profitability is on an upward trajectory.
Peer comparison
Sep 30, 2024