TE Connectivity Ltd (TEL)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 34.51% | 34.01% | 33.46% | 32.56% | 31.68% | 31.45% | 31.43% | 32.05% | 32.34% | 32.90% | 33.04% | 32.78% | 32.87% | 32.07% | 30.95% | 30.84% | 30.78% | 31.36% | 32.43% | 32.58% |
| 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% |
| 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% |
| Net profit margin | 20.20% | 22.02% | 21.73% | 20.79% | 11.97% | 12.69% | 13.02% | 13.92% | 14.97% | 16.04% | 16.20% | 16.13% | 15.21% | 11.85% | 8.26% | 0.91% | -1.99% | -0.81% | 5.37% | 12.05% |
TE Connectivity Ltd's profitability ratios show fluctuations over the period analyzed. The gross profit margin has generally been around the 32-34% range, indicating the company's ability to efficiently produce its goods.
The operating profit margin has shown a gradual improvement, starting at around 14% and reaching a peak of 17.83% before slightly declining. This suggests effective cost management and operational efficiency over time.
The pretax margin followed a similar trend to the operating profit margin, also showing improvement before a slight decrease. This indicates that the company has been successful in managing its expenses relative to its revenue.
Meanwhile, the net profit margin has shown more variability. It reached a peak at 22.02% and then fluctuated, suggesting potential volatility in the company's bottom line profitability. Overall, there seems to be room for improvement in maintaining consistent profitability levels.
Return on investment
| 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 return on assets (Operating ROA) | 12.23% | 12.14% | 11.63% | 10.84% | 10.61% | 10.73% | 11.25% | 12.11% | 13.26% | 12.91% | 12.82% | 12.42% | 11.34% | 10.07% | 7.35% | 2.54% | 2.79% | 3.37% | 5.27% | 9.84% |
| Return on assets (ROA) | 13.97% | 15.15% | 15.00% | 14.37% | 8.80% | 9.52% | 9.92% | 10.58% | 11.68% | 11.78% | 11.65% | 11.43% | 10.53% | 8.06% | 5.13% | 0.56% | -1.25% | -0.53% | 3.61% | 7.98% |
| Return on total capital | 17.88% | 18.01% | 17.64% | 15.34% | 15.61% | 15.43% | 16.33% | 17.60% | 19.73% | 19.91% | 19.74% | 18.24% | 17.02% | 15.59% | 11.87% | 4.16% | 4.56% | 5.51% | 8.22% | 14.32% |
| Return on equity (ROE) | 25.57% | 27.20% | 27.50% | 25.24% | 16.54% | 18.03% | 19.16% | 19.70% | 22.28% | 23.86% | 23.70% | 21.98% | 21.04% | 16.70% | 11.00% | 1.14% | -2.54% | -1.10% | 7.71% | 15.10% |
TE Connectivity Ltd's profitability ratios have shown fluctuations over the past several quarters. The operating return on assets (Operating ROA) has been relatively stable, ranging from 10.61% to 13.26% with a recent figure of 12.23%. This ratio indicates that the company is generating profits from its operations efficiently.
The return on assets (ROA) has varied more significantly, with a high of 15.15% and a low of -1.25% over the same period. The recent ROA stands at 13.97%, showing that TE Connectivity Ltd is effectively utilizing its assets to generate profits.
Similarly, the return on total capital has shown fluctuations, ranging from 15.34% to 19.91%, with the most recent figure at 17.88%. This ratio reflects the company's ability to generate returns for both debt and equity holders.
Lastly, the return on equity (ROE) has also displayed variability, with figures ranging from 16.54% to 27.50%. The recent ROE stands at 25.57%, indicating that TE Connectivity Ltd is delivering strong returns to its shareholders.
Overall, TE Connectivity Ltd has shown positive trends in its profitability ratios, demonstrating efficient operations and the ability to generate returns for its investors. However, it is essential to keep monitoring these ratios to ensure continued financial health and performance.