TEL Q1 2024 Earnings — TE Connectivity Ltd. Revenue & Financial Results | Market Cap Arena

TELTE Connectivity Ltd.

$61B

Q1 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$3.8B-0.3% YoY

Gross Profit

$1.3B34.7% margin

Operating Income

$731M19.1% margin

Net Income

$1.8B47.1% margin

EPS (Diluted)

$5.76

QoQ Revenue Growth

-5.1%

Cash Flow

Operating Cash Flow

$719M

Free Cash Flow

$568M

Stock-Based Comp.

$34M

Balance Sheet

Total Assets

$23.1B

Total Liabilities

$9.8B

Stockholders' Equity

$13.1B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$3.8B	$3.8B	-0.3%
Gross Profit	$1.3B	$1.2B	+14.7%
Operating Income	$731M	$593M	+23.3%
Net Income	$1.8B	$397M	+354.2%

Revenue Segments

Transportation Solutions

$2.4B62%

Industrial Solutions

$1.0B27%

Communications Solutions

$433M11%