earnings
confidence high
sentiment positive
materiality 0.85
TE Connectivity posts record FY2024 adjusted EPS $7.56; Q4 adjusted EPS $1.95, board authorizes $2.5B buyback increase
TE Connectivity plc
2024-FY EPS reported
$10.33
revenue$15,845,000,000
- Q4 net sales $4.1B (+1% YoY); adjusted EPS record $1.95 (+10% YoY); GAAP EPS $0.90 included $0.78 one-time tax charge.
- FY2024 records: adjusted op margin 18.9%, GAAP EPS $10.34, adjusted EPS $7.56 (+12%), operating cash flow ~$3.5B.
- Board authorized $2.5B increase in share repurchase program; returned $2.8B to shareholders in FY2024.
- Q1 FY2025 guidance: net sales ~$3.9B, adjusted EPS $1.88 (up YoY); segment reorganization into Transportation and Industrial Solutions.