TEL Q2 2024 Earnings — TE Connectivity Ltd. Revenue & Financial Results | Market Cap Arena

TELTE Connectivity Ltd.

$61B

Q2 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$4.0B-4.6% YoY

Gross Profit

$1.4B34.4% margin

Operating Income

$735M18.5% margin

Net Income

$541M13.6% margin

EPS (Diluted)

$1.75

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

$710M

Free Cash Flow

$543M

Stock-Based Comp.

$35M

Balance Sheet

Total Assets

$22.8B

Total Liabilities

$10.3B

Stockholders' Equity

$12.4B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$4.0B	$4.2B	-4.6%
Gross Profit	$1.4B	$1.3B	+5.4%
Operating Income	$735M	$673M	+9.2%
Net Income	$541M	$433M	+24.9%

Revenue Segments

Transportation Solutions

$2.4B60%

Industrial Solutions

$1.1B29%

Communications Solutions

$440M11%