TE Connectivity Limited Company Profile
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TE Connectivity Ltd
Electronics
- Establishment Year
1999
- Headquarters
Switzerland
- Key Management
Mr. Terrence Curtin (CEO)
- Revenue (US$ Mn)
~ 14,923 (2021)
- Headcount
~ 89,000 (2021)
- Website
Business Description
TE Connectivity Limited is involved in the development and manufacture of connectivity solutions and sensors. The company was established in 2000. It is based in Schaffhausen in Switzerland. It operates in the following segments: Industrial, Transportation, and Communications Solutions.
Products from the Transportation Solutions segment are used in commercial transportation, sensors, automotive, and other markets. The Communications Solutions segment provides electronic components for devices data and appliances markets. The Industrial Solutions segment offers
Key Financials
Revenue (US$ Mn)
- The annual revenue generated by TE Connectivity Limited in 2021 was US$ 14,923 Mn
- At a -9.49% decrease from , TE Connectivity Limited’s annual revenue of US$ 12,172 Mn was indexed in 2020
- TE Connectivity Limited generated total revenue of US$ 13,448 Mn in 2019
Operating Income(US$ Mn)
- The operating income generated by TE Connectivity Limited in 2021 was US$ 2,434 Mn
- At a -72.85% decrease from, TE Connectivity Limited’s operating income of US$ 537 Mn was indexed in 2020
- TE Connectivity Limited generated an operating income of US$ 1,978 Mn in 2019
Net Income(US$ Mn)
- The net income generated by TE Connectivity Limited in 2021 was US$ 2,261 Mn
- At a -113.07% decrease from , TE Connectivity Limited’s net income of US$ -241 Mn was indexed in 2020
- TE Connectivity Limited generated a net income of US$ 1,844 Mn in 2019
Operating Margin %
- The operating margin generated by TE Connectivity Limited in 2021 was 16%
- At a -70.07% decrease from , TE Connectivity Limited’s operating margin of 4% was indexed in 2020
- TE Connectivity Limited generated an operating margin of 15% in 2019
Gross Margin %
- The gross margin generated by TE Connectivity Limited in 2021 was 49%
- At a -15.03% decrease from , TE Connectivity Limited’s gross margin of 37% was indexed in 2020
- TE Connectivity Limited generated a gross margin of 44% in 2019
SWOT Analysis
Strengths
Wide customer base
TE Connectivity’s diverse customer base allows it to draw on its experience and skills across different markets. This also helps to reduce exposure to specific end markets, which in turn lowers the company’s volatility. Transportation solutions are the company’s business segment. It serves commercial transportation, aerospace, defense, medical solutions markets, industrial equipment, consumer application, and automotive.
The company’s industrial solutions segment offers products for the oil and gas and industrial, energy, and defense markets. Communications solutions supply electronic components to the data and device markets, as well as appliances. This vertical diversification reduces industry-specific risks and increases revenue generation opportunities for the company.
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