Recent News
Feb. 27–26, 2026: Several market reports showed TE Connectivity underperforming in late‑February sessions amid a broader market pullback, with volume swings and relative weakness versus select peers. Feb. 24–26 coverage highlighted the stock holding technical support ranges despite the pullback and noted investor focus on TE’s exposure to AI and data‑center connectivity. These pieces emphasized positioning and technical dynamics rather than new company guidance.
Technical Analysis
ADX / DI+ / DI‑: ADX at 15.11 signals no established trend; DI+ shows a peak‑and‑reversal while DI‑ shows a dip‑and‑reversal, a configuration that reads as directional pressure shifting toward sellers and thus argues for limited upside near‑term follow‑through.
MACD: MACD sits below its signal line and the MACD trend shows a peak‑and‑reversal, indicating bearish momentum that dampens near‑term bullish catalysts unless the MACD moves back above the signal line.
MRO (Momentum/Regression Oscillator): MRO at 18.19 registers positive and peak‑and‑reversal behavior, implying the current price sits above the modeled target and faces downward pressure toward that reference level.
RSI: RSI at 49.14 with a peak‑and‑reversal profile implies loss of recent upward momentum and leaves price in a neutral‑to‑soft posture rather than oversold or overbought extremes.
Price vs Moving Averages & Bands: Closing price $211.98 trades below the 20‑day ($231.97) and 50‑day ($229.82) averages while sitting close to the 200‑day average ($210.02). That structure suggests short‑term resistance near recent averages and a bias toward consolidation until momentum indicators improve.
Volatility & Volume: 42‑day volatility registers higher than the 52‑week figure and 10‑day volume undercuts multi‑month averages, consistent with a pullback that lacks broad conviction; a return of higher average volume would be required to validate a fresh uptrend.
Fundamental Analysis
Revenue and Orders: Total revenue records at $4,669,000,000 for the reporting period. Separately public statements noted sizable order intake and continued demand across data‑center and transportation end markets.
Profitability: EBIT margin stands at 21.23%, exceeding the industry peer mean of 19.35% and the industry peer median of 18.29%, with QoQ expansion of 8.85% and YoY expansion of 14.35%. Operating margin at 20.90% also improved QoQ and YoY, supporting the view of margin expansion driving earnings leverage.
Earnings Per Share: Reported EPS of $2.53 beat the estimate of $2.41 by $0.12, an upside surprise of approximately 4.98%, and management communicated ongoing margin and revenue momentum in its quarterly release.
Cash Flow & Capital Allocation: Free cash flow totaled $607,000,000 with free cash flow yield near 0.90%; operating cash flow measured $819,000,000. The company returned $615,000,000 to shareholders in the quarter per company statements, reflecting strong conversion of earnings into distributable cash.
Leverage & Coverage: Net debt sits at $4,457,000,000 with debt/EBITDA about 4.57 and interest coverage roughly 33.0x, indicating manageable servicing costs alongside elevated gross leverage by the debt/EBITDA metric.
Working Capital & Efficiency: Cash conversion cycle about 89 days compares favorably to the industry peer mean of ~100 days, and days‑sales/outstanding and days‑payable structures support stable working capital dynamics with a modest YoY improvement in cycle days.
Valuation: Trailing P/E near 84.5 and forward P/E near 73.9 reflect market pricing that embeds growth expectations; price‑to‑book at ~5.20 sits above the industry peer mean of ~4.86 but within the peer range. WMDST values the stock as fair‑valued based on the firm’s model and the current mix of growth, margins, and cash conversion.
MOST-RECENT QUARTERLY REPORT
| REPORT PERIOD ENDING: | 2025-12-31 |
| REPORT DATE: | 2026-01-21 |
| NEXT REPORT DATE: | 2026-04-22 |
| CASH FLOW | Begin Period Cash Flow | $ 1.3 B |
| Operating Cash Flow | $ 819.0 M | |
| Capital Expenditures | $ -258.00 M | |
| Change In Working Capital | $ -358.00 M | |
| Dividends Paid | $ -209.00 M | |
| Cash Flow Delta | $ -4.00 M | |
| End Period Cash Flow | $ 1.3 B | |
| INCOME STATEMENT | REVENUE | |
| Total Revenue | $ 4.7 B | |
| Forward Revenue | $ 1.4 B | |
| COSTS | ||
| Cost Of Revenue | $ 2.9 B | |
| Depreciation | $ 259.0 M | |
| Depreciation and Amortization | $ 259.0 M | |
| Research and Development | $ 225.0 M | |
| Total Operating Expenses | $ 3.7 B | |
| PROFITABILITY | ||
| Gross Profit | $ 1.7 B | |
| EBITDA | $ 1.2 B | |
| EBIT | $ 991.0 M | |
| Operating Income | $ 976.0 M | |
| Interest Income | $ 25.0 M | |
| Interest Expense | $ 30.0 M | |
| Net Interest Income | $ -5.00 M | |
| Income Before Tax | $ 961.0 M | |
| Tax Provision | $ 210.0 M | |
| Tax Rate | 21.852 % | |
| Net Income | $ 750.0 M | |
| Net Income From Continuing Operations | $ 751.0 M | |
| EARNINGS | ||
| EPS Estimate | $ 2.41 | |
| EPS Actual | $ 2.53 | |
| EPS Difference | $ 0.12 | |
| EPS Surprise | 4.979 % | |
| Forward EPS | $ 3.09 | |
| BALANCE SHEET | ASSETS | |
| Total Assets | $ 25.6 B | |
| Intangible Assets | $ 9.3 B | |
| Net Tangible Assets | $ 3.6 B | |
| Total Current Assets | $ 8.4 B | |
| Cash and Short-Term Investments | $ 1.3 B | |
| Cash | $ 1.3 B | |
| Net Receivables | $ 3.5 B | |
| Inventory | $ 3.0 B | |
| Long-Term Investments | $ 1.0 B | |
| LIABILITIES | ||
| Accounts Payable | $ 2.1 B | |
| Short-Term Debt | $ 852.0 M | |
| Total Current Liabilities | $ 5.1 B | |
| Net Debt | $ 4.5 B | |
| Total Debt | $ 5.7 B | |
| Total Liabilities | $ 12.4 B | |
| EQUITY | ||
| Total Equity | $ 13.0 B | |
| Retained Earnings | $ 14.5 B | |
| VALUATION & PER-SHARE METRICS | EQUITY & PER-SHARE METRICS | |
| Book Value Per-Share | $ 44.22 | |
| Shares Outstanding | 293.710 M | |
| Revenue Per-Share | $ 15.90 | |
| VALUATION | Market Capitalization | $ 67.5 B |
| Enterprise Value | $ 71.9 B | |
| Enterprise Multiple | 57.553 | |
| Enterprise Multiple QoQ | 0.313 % | |
| Enterprise Multiple YoY | 18.578 % | |
| Enterprise Multiple IPRWA | high: 173.201 median: 86.144 mean: 84.21 TEL: 57.553 low: -60.931 |
|
| EV/R | 15.408 | |
| CAPITAL STRUCTURE | ||
| Asset To Equity | 1.968 | |
| Asset To Liability | 2.058 | |
| Debt To Capital | 0.305 | |
| Debt To Assets | 0.223 | |
| Debt To Assets QoQ | -3.732 % | |
| Debt To Assets YoY | 444.854 % | |
| Debt To Assets IPRWA | high: 0.558 mean: 0.315 median: 0.303 TEL: 0.223 low: 0.001 |
|
| Debt To Equity | 0.44 | |
| Debt To Equity QoQ | -4.96 % | |
| Debt To Equity YoY | 492.824 % | |
| Debt To Equity IPRWA | high: 1.454 mean: 0.8 median: 0.794 TEL: 0.44 low: -0.744 |
|
| PRICE-BASED VALUATION | ||
| Price To Book (P/B) | 5.196 | |
| Price To Book QoQ | 4.529 % | |
| Price To Book YoY | 46.816 % | |
| Price To Book IPRWA | high: 7.479 TEL: 5.196 median: 5.018 mean: 4.858 low: -0.559 |
|
| Price To Earnings (P/E) | 84.472 | |
| Price To Earnings QoQ | -2.957 % | |
| Price To Earnings YoY | 12.053 % | |
| Price To Earnings IPRWA | high: 187.995 mean: 125.481 median: 119.021 TEL: 84.472 low: -20.257 |
|
| PE/G Ratio | 7.361 | |
| Price To Sales (P/S) | 14.454 | |
| Price To Sales QoQ | 9.716 % | |
| Price To Sales YoY | 26.241 % | |
| Price To Sales IPRWA | high: 33.138 median: 20.797 mean: 20.075 TEL: 14.454 low: 0.32 |
|
| FORWARD MULTIPLES | ||
| Forward P/E | 73.855 | |
| Forward PE/G | 6.436 | |
| Forward P/S | 47.808 | |
| EFFICIENCY | OPERATIONAL | |
| Operating Leverage | -4.167 | |
| ASSET & SALES | ||
| Asset Turnover Ratio | 0.184 | |
| Asset Turnover Ratio QoQ | -3.013 % | |
| Asset Turnover Ratio YoY | 8.885 % | |
| Asset Turnover Ratio IPRWA | high: 0.52 median: 0.203 mean: 0.187 TEL: 0.184 low: 0.094 |
|
| Receivables Turnover | 1.359 | |
| Receivables Turnover Ratio QoQ | -2.228 % | |
| Receivables Turnover Ratio YoY | 5.686 % | |
| Receivables Turnover Ratio IPRWA | high: 2.536 mean: 1.536 median: 1.502 TEL: 1.359 low: 0.985 |
|
| Inventory Turnover | 1.037 | |
| Inventory Turnover Ratio QoQ | -7.145 % | |
| Inventory Turnover Ratio YoY | 7.571 % | |
| Inventory Turnover Ratio IPRWA | high: 2.498 median: 1.169 TEL: 1.037 mean: 1.018 low: 0.172 |
|
| Days Sales Outstanding (DSO) | 67.153 | |
| CASH CYCLE | ||
| Cash Conversion Cycle Days (CCC) | 89.012 | |
| Cash Conversion Cycle Days QoQ | 0.28 % | |
| Cash Conversion Cycle Days YoY | -8.51 % | |
| Cash Conversion Cycle Days IPRWA | high: 281.301 mean: 100.046 TEL: 89.012 median: 84.663 low: 20.876 |
|
| CAPITAL DEPLOYMENT | ||
| Cash Conversion Ratio | 1.415 | |
| CapEx To Revenue | -0.055 | |
| CapEx To Depreciation | -0.996 | |
| CAPITAL, LIQUIDITY & COVERAGE | CAPITAL STRUCTURE | |
| Total Capital | $ 17.8 B | |
| Net Invested Capital | $ 18.7 B | |
| Invested Capital | $ 18.7 B | |
| Net Tangible Assets | $ 3.6 B | |
| Net Working Capital | $ 3.3 B | |
| LIQUIDITY | ||
| Cash Ratio | 0.247 | |
| Current Ratio | 1.651 | |
| Current Ratio QoQ | 6.103 % | |
| Current Ratio YoY | -1.794 % | |
| Current Ratio IPRWA | high: 3.972 median: 2.676 mean: 2.426 TEL: 1.651 low: 0.51 |
|
| Quick Ratio | 1.069 | |
| Quick Ratio QoQ | 3.883 % | |
| Quick Ratio YoY | -2.447 % | |
| Quick Ratio IPRWA | high: 3.42 median: 1.905 mean: 1.847 TEL: 1.069 low: 0.423 |
|
| COVERAGE & LEVERAGE | ||
| Debt To EBITDA | 4.566 | |
| Cost Of Debt | 0.373 % | |
| Interest Coverage Ratio | 33.033 | |
| Interest Coverage Ratio QoQ | 3.452 % | |
| Interest Coverage Ratio YoY | -72.163 % | |
| Interest Coverage Ratio IPRWA | TEL: 33.033 high: 28.384 median: 12.5 mean: 10.043 low: -31.892 |
|
| Operating Cash Flow Ratio | 0.162 | |
| TIMING / LIQUIDITY | ||
| Days Payables Outstanding (DPO) | 61.592 | |
| DIVIDENDS | ||
| Dividend Coverage Ratio | 3.589 | |
| Dividend Payout Ratio | 0.279 | |
| Dividend Rate | $ 0.71 | |
| Dividend Yield | 0.003 | |
| PERFORMANCE | GROWTH | |
| Asset Growth Rate | 1.878 % | |
| Revenue Growth | -1.685 % | |
| Revenue Growth QoQ | -135.534 % | |
| Revenue Growth YoY | -70.454 % | |
| Revenue Growth IPRWA | high: 24.001 % mean: 4.569 % median: 3.949 % TEL: -1.685 % low: -8.868 % |
|
| Earnings Growth | 11.475 % | |
| Earnings Growth QoQ | 53.225 % | |
| Earnings Growth YoY | -211.886 % | |
| Earnings Growth IPRWA | high: 157.143 % TEL: 11.475 % mean: 5.823 % median: -13.793 % low: -153.846 % |
|
| MARGINS | ||
| Gross Margin | 37.246 % | |
| Gross Margin QoQ | 6.554 % | |
| Gross Margin YoY | 5.054 % | |
| Gross Margin IPRWA | high: 87.538 % median: 38.222 % mean: 38.191 % TEL: 37.246 % low: 0.581 % |
|
| EBIT Margin | 21.225 % | |
| EBIT Margin QoQ | 8.852 % | |
| EBIT Margin YoY | 14.353 % | |
| EBIT Margin IPRWA | high: 27.621 % TEL: 21.225 % mean: 19.348 % median: 18.292 % low: -28.584 % |
|
| Return On Sales (ROS) | 20.904 % | |
| Return On Sales QoQ | 5.72 % | |
| Return On Sales YoY | 12.623 % | |
| Return On Sales IPRWA | high: 27.49 % TEL: 20.904 % mean: 18.367 % median: 15.943 % low: -10.65 % |
|
| CASH FLOW | ||
| Free Cash Flow (FCF) | $ 607.0 M | |
| Free Cash Flow Yield | 0.899 % | |
| Free Cash Flow Yield QoQ | -51.088 % | |
| Free Cash Flow Yield YoY | -41.319 % | |
| Free Cash Flow Yield IPRWA | high: 4.766 % TEL: 0.899 % median: 0.861 % mean: 0.811 % low: -1.21 % |
|
| Free Cash Growth | -47.217 % | |
| Free Cash Growth QoQ | -334.13 % | |
| Free Cash Growth YoY | 150.914 % | |
| Free Cash Growth IPRWA | high: 85.61 % median: 21.004 % mean: 6.126 % TEL: -47.217 % low: -395.065 % |
|
| Free Cash To Net Income | 0.809 | |
| Cash Flow Margin | 17.541 % | |
| Cash Flow To Earnings | 1.092 | |
| VALUE & RETURNS | ||
| Economic Value Added | $ 0.04 | |
| Return On Assets (ROA) | 2.962 % | |
| Return On Assets QoQ | 11.563 % | |
| Return On Assets YoY | 27.07 % | |
| Return On Assets IPRWA | high: 3.772 % TEL: 2.962 % mean: 2.432 % median: 2.123 % low: -2.638 % |
|
| Return On Capital Employed (ROCE) | 4.838 % | |
| Return On Equity (ROE) | 0.058 | |
| Return On Equity QoQ | 9.624 % | |
| Return On Equity YoY | 35.723 % | |
| Return On Equity IPRWA | high: 0.089 TEL: 0.058 mean: 0.055 median: 0.046 low: -0.081 |
|
| DuPont ROE | 5.866 % | |
| Return On Invested Capital (ROIC) | 4.143 % | |
| Return On Invested Capital QoQ | 10.48 % | |
| Return On Invested Capital YoY | -102.598 % | |
| Return On Invested Capital IPRWA | high: 5.587 % TEL: 4.143 % mean: 3.332 % median: 3.298 % low: -3.415 % |
|