Question 1

What is TE Connectivity's P/FCF ratio?

Accepted Answer

TE Connectivity (TEL) P/FCF ratio is 16.5× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for TE Connectivity?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For TE Connectivity specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

Is TE Connectivity's P/FCF ratio high or low?

Accepted Answer

TE Connectivity's P/FCF ratio of 16.5× is below its own 5-year average of 19.7× and below the sector median of 21.8×. That places the current reading at the 15th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is TE Connectivity's historical P/FCF ratio range?

Accepted Answer

In the available daily series, TE Connectivity (TEL) P/FCF ratio has ranged from a low of 5.8× in 2009 to a high of 349.5× in 2008. The 5-year average is 19.7× and the 5-year median is 20.0×.

Question 7

What was TE Connectivity's P/FCF ratio in 2025?

Accepted Answer

TE Connectivity (TEL) P/FCF ratio at the end of 2025 was 20.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does TE Connectivity's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$64B	$3.2B	20.0×	+3.6×	Sep 26, 2025
2024	$45.8B	$2.8B	16.4×	+0.3×	Sep 27, 2024
2023	$38.7B	$2.4B	16.1×	-4.6×	Sep 30, 2023
2022	$35.2B	$1.7B	20.7×	-2.0×	Sep 30, 2022
2021	$45B	$1.99B	22.7×	+0.1×	Sep 30, 2021
2020	$32.3B	$1.43B	22.5×	+3.8×	Sep 30, 2020
2019	$31.3B	$1.67B	18.7×	-1.3×	Sep 30, 2019
2018	$30.1B	$1.5B	20.0×	+1.9×	Sep 30, 2018
2017	$29.3B	$1.62B	18.1×	+0.4×	Sep 30, 2017
2016	$22.9B	$1.29B	17.7×	-0.7×	Sep 30, 2016
2015	$24B	$1.31B	18.3×	+2.3×	Sep 30, 2015
2014	$22.6B	$1.41B	16.0×	+1.1×	Sep 30, 2014
2013	$21.4B	$1.43B	14.9×	+4.8×	Sep 30, 2013
2012	$14.4B	$1.41B	10.2×	+0.2×	Sep 30, 2012
2011	$12B	$1.2B	10.0×	-0.0×	Sep 30, 2011
2010	$13B	$1.29B	10.0×	-0.2×	Sep 30, 2010
2009	$10.2B	$1B	10.2×	-24.1×	Sep 30, 2009
2008	$12.7B	$370M	34.3×	+5.6×	Sep 30, 2008
2007	$18B	$626M	28.7×	—	Sep 30, 2007


Zebra Technologies (ZBRA)	12.2×
Skyworks Solutions (SWKS)	11.9×
Cognizant (CTSH)	11.8×
NetApp (NTAP)	11.5×
Duolingo (DUOL)	11.1×
Block (XYZ)	11.0×
QUALCOMM (QCOM)	10.8×
Leidos Holdings (LDOS)	10.8×
Workday (WDAY)	10.5×
Salesforce (CRM)	10.5×
Qorvo (QRVO)	10.4×
Adobe (ADBE)	9.8×
Accenture (ACN)	9.6×
Strategy (MSTR)	9.2×
Gartner (IT)	8.8×
Fidelity National Information Services (FIS)	8.7×
DocuSign (DOCU)	8.0×
Gen Digital (GEN)	7.5×
Fiserv (FISV)	7.2×
Science Applications International (SAIC)	7.0×
Hewlett Packard Enterprise (HPE)	6.8×
GoDaddy (GDDY)	6.7×
HP (HPQ)	5.1×
Lyft (LYFT)	4.5×
IBM (IBM)	0.0×

P/FCF Ratio for TE Connectivity (TEL) 2007-2026

P/FCF Ratio daily chart for TE Connectivity (TEL)

Historical P/FCF Ratio for TE Connectivity (TEL) from 2007 to 2025

About P/FCF Ratio at TE Connectivity (TEL)

TE Connectivity P/FCF Ratio by Year

TE Connectivity P/FCF Ratio 2025: 20.0×

TE Connectivity P/FCF Ratio 2024: 16.4×

TE Connectivity P/FCF Ratio 2023: 16.1×

TE Connectivity P/FCF Ratio 2022: 20.7×

TE Connectivity P/FCF Ratio 2021: 22.7×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

TE Connectivity (TEL) Key Financials