TE Connectivity (TEL) stock
Information Technology · Electronic Manufacturing Services
TE Connectivity (TEL) is an Electronic Manufacturing Services company in the Information Technology sector, headquartered in Galway, Ireland. As of October 23, 2026, TEL closed at $208.05, a market capitalization of $60.23 billion, the 201st largest company in the S&P 500. Over the last twelve months it generated $19.32 billion in revenue (+14% year over year) and $3.31 billion in free cash flow. The stock trades at 20.4x trailing earnings and 16.0x forward earnings.
- 1-year total return: -10.2% (dividends reinvested)
- 5-year return: +8.8% a year
- 52-week range: $190.27 – $252.56
- Gross margin 36.1%, operating margin 20.8%
- Dividend yield: 1.50%, 15 straight years of increases
- FI Handbook report card: B across 10 metrics
- 40th largest of 75 Information Technology stocks in the S&P 500
TEL price chart
1Y price change: -11.1% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| TEL | -3.0% | -7.6% | -10.2% | +23.3% | +8.8% | +14.9% | +11.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 2007.
TEL key statistics
- Market cap
- $60.2B
- #201 in S&P 500
- P/E (TTM)
- 20.4x
- Forward P/E
- 16.0x
- EPS (TTM)
- $10.21
- Revenue (TTM)
- $19.3B
- +14%
- Free cash flow
- $3.3B
- Gross margin
- 36.1%
- Operating margin
- 20.8%
- Return on equity
- 23.3%
- Dividend yield
- 1.50%
- 52-week range
- $190.27 – $252.56
- Beta
- 1.14
- Price / sales
- 3.1x
- EV / EBITDA
- 13.1x
- Debt / equity
- 0.43x
- Employees
- 90,000
TEL report card
BTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth13.8%B
- Gross margin36.1%C
- Operating margin20.8%B
- FCF margin17.2%B
- Return on equity23.3%B
- Net debt / EBITDA0.9xB
- Forward P/E16.0xB
- PEG ratio0.9xA
- Shareholder yield3.7%B
- Share count change / yr-2.1%A
TE Connectivity financials
Revenue went from $11.4B in fiscal 2016 to $17.3B in fiscal 2025, growing 4.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.4B | $12.2B | $14.0B | $13.4B | $12.2B | $14.9B | $16.3B | $16.0B | $15.8B | $17.3B |
| Gross profit | $3.8B | $4.2B | $4.7B | $4.4B | $3.7B | $4.9B | $5.2B | $5.1B | $5.5B | $6.1B |
| Operating income | $1.8B | $1.9B | $2.3B | $2.0B | $537.0M | $2.4B | $2.8B | $2.3B | $2.8B | $3.2B |
| Net income | $2.0B | $1.7B | $2.6B | $1.8B | -$241.0M | $2.3B | $2.4B | $1.9B | $3.2B | $1.8B |
| EPS (diluted) | $5.44 | $4.70 | $7.27 | $5.42 | $-0.73 | $6.79 | $7.47 | $6.03 | $10.33 | $6.16 |
| Free cash flow | $1.3B | $1.6B | $1.5B | $1.7B | $1.4B | $2.0B | $1.7B | $2.4B | $2.8B | $3.2B |
| Buybacks | $2.8B | $614.0M | $879.0M | $1.1B | $523.0M | $831.0M | $1.4B | $945.0M | $2.1B | $1.3B |
| Dividends paid | $509.0M | $546.0M | $588.0M | $608.0M | $625.0M | $647.0M | $685.0M | $725.0M | $760.0M | $803.0M |
| Diluted shares | 369.0M | 358.0M | 353.0M | 340.0M | 332.0M | 333.0M | 325.0M | 317.0M | 309.0M | 299.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into TEL?
A reverse DCF asks what growth the current price requires. With an enterprise value of $64.8B and $3.3B of trailing free cash flow, TE Connectivity needs to grow free cash flow about 10.0% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 17.5% a year over the last five years.
P/E ratio history
Current 33.8x vs. median 15.6x (10th–90th percentile 10.4x–23.9x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
TEL dividend
- Dividend yield
- 1.50%
- Annual dividend
- $3.12
- Years of increases
- 15
- 5-yr dividend growth
- 1.7%
- per year
- Payout ratio
- 28%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
TEL analyst price targets
19 analysts' average 12-month target is $251.79 (+21% vs. $208.05). Targets range from $215.00 to $306.00. 68% rate it a buy.
TEL earnings
Next report: October 28, 2026. TE Connectivity has beaten EPS estimates 8 quarters in a row. Last quarter's revenue was $5.2B (+14% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 22, 2026 | $2.84 | $2.94 | +3.3% |
| Apr 22, 2026 | $2.70 | $2.73 | +1.1% |
| Jan 21, 2026 | $2.55 | $2.72 | +6.5% |
| Oct 29, 2025 | $2.29 | $2.44 | +6.6% |
| Jul 23, 2025 | $2.08 | $2.27 | +9.3% |
| Apr 23, 2025 | $1.96 | $2.10 | +6.9% |
| Jan 22, 2025 | $1.89 | $1.95 | +3.4% |
| Oct 30, 2024 | $1.94 | $1.95 | +0.4% |
Stocks like TEL
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 FLEX Flex | -0.18% | +20% | $28.3B | 33.3x | Compare |
 JBL Jabil | +2.45% | +33% | $28.2B | 28.1x | Compare |
 NVDA NVIDIA | -0.59% | +16% | $5.1T | 26.7x | Compare |
 AAPL Apple | -0.14% | +34% | $5.1T | 39.9x | Compare |
 MSFT Microsoft | +0.66% | +2% | $3.9T | 29.2x | Compare |
 AVGO Broadcom | -0.48% | -6% | $1.5T | 42.9x | Compare |
 MU Micron Technology | +2.46% | +325% | $992.9B | 11.8x | Compare |
 AMD Advanced Micro Devices | +1.74% | +120% | $843.6B | 131.8x | Compare |
TEL news
- TE Connectivity (TEL) Could Be 16% Undervalued As Earnings Views Improve · Oct 23, 2026
- Unlocking Q4 Potential of TE Connectivity (TEL): Exploring Wall Street Estimates for Key Metrics · Oct 23, 2026
- Earnings Beat Hopes Could Be A Game Changer For TE Connectivity Stock (TEL) · Oct 23, 2026
- Zacks Industry Outlook Highlights TE Connectivity, Vicor and OSI Systems · Oct 23, 2026
- What Is Amphenol's Management Stressing Now? · Oct 22, 2026
TEL stock FAQ
What is TEL's market cap?
TE Connectivity's market capitalization is $60.23 billion as of October 23, 2026, ranking 201st in the S&P 500.
What is TEL's P/E ratio?
TEL trades at a trailing price-to-earnings ratio of 20.4x and a forward P/E of 16.0x. Its median P/E over the period we track is 15.6x.
Does TEL pay a dividend?
Yes. TE Connectivity pays $3.12 per share a year, a 1.50% yield. It has raised its dividend 15 years in a row. Dividends grew 1.7% a year over the last five years.
How much has TEL stock returned?
Including reinvested dividends, TEL returned -10.2% over one year, +8.8% a year over five years, +14.9% a year over ten years through October 23, 2026.
Is TEL stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies TE Connectivity must grow free cash flow about 10% a year for the next decade. Its free cash flow grew 17% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the TEL price target?
19 analysts cover TEL with an average 12-month price target of $251.79, +21% from the current price. 68% of them rate it a buy.
When does TEL report earnings?
TE Connectivity is expected to report earnings on October 28, 2026. It has beaten EPS estimates 8 quarters in a row.
How many employees does TE Connectivity have?
TE Connectivity has about 90,000 full-time employees, or $214,689 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology