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TEL Q2 2024 Earnings — TE Connectivity Ltd. Revenue & Financial Results | Market Cap Arena
TEL
TE Connectivity Ltd.
$61B
Q2 2024 Earnings
Technology
Hardware, Equipment & Parts
Income Statement
Revenue
$4.0B
-4.6% YoY
Gross Profit
$1.4B
34.4% margin
Operating Income
$735M
18.5% margin
Net Income
$541M
13.6% 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
$2.4B
60%
Industrial Solutions
$1.1B
29%
Communications Solutions
$440M
11%
← FY 2024
All Quarters
Q3 2024 →