TE Connectivity (TEL) Tax Rate (2009 - 2026)
TE Connectivity (TEL) posted quarterly Tax Rate of 22.97% for Q2 2026, down 162.0% year-over-year from 37.04% in Q2 2025, and up 148.67% quarter-over-quarter from 9.24% in Q1 2026.
TE Connectivity (TEL) Tax Rate (2009 - 2026) Analysis & Trends
TE Connectivity (TEL) has reported Tax Rate for 18 consecutive years, with 22.97% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 162.0% year-over-year to 22.97%; the TTM figure through Jun 2026 stood at 19.6% (down 6187.0% YoY), while the FY2025 annual figure was 41.57%, up 2128.0% from the prior year.
- Tax Rate rose to 22.97% in Q2 2026 per TEL's latest filing, from 9.24% in the prior quarter.
- Across five years, Tax Rate topped out at 181.27% in Q3 2024 and bottomed at 158.08% in Q4 2023.
- Historically, Tax Rate has averaged 24.46% across 5 years, with a median of 22.41% in 2025.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 17602 bps — and 2024, when it soared 18330 bps.
- TE Connectivity's Tax Rate stood at 17.94% in 2022, then slumped by 981 bps to 158.08% in 2023, then jumped by 116 bps to 25.21% in 2024, then slipped by 13 bps to 21.85% in 2025, then gained by 5 bps to 22.97% in 2026.
- Business Quant data shows TEL's Tax Rate at 22.97% in Q2 2026, 9.24% in Q1 2026, and 21.85% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 380.34 Bn | 374.23 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 130.84 Bn | 128.33 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.30 Bn | 57.07 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 40.71 Bn | 37.87 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.45 Bn | 33.92 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 33.83 Bn | 32.47 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 16.05 Bn | 15.18 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 12.00 Bn | 11.48 Bn | 211.86 Mn | -2.22% |
| 9 | Sanmina | 10.43 Bn | 8.58 Bn | 363.31 Mn | 34.65% |
| 10 | Littelfuse | 10.37 Bn | 9.75 Bn | 306.06 Mn | 23.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 22.97% |
| Jun 26, 2026 | 22.97% |
| Jun 26, 2026 | 22.97% |
| Mar 27, 2026 | 9.24% |
| Mar 27, 2026 | 9.24% |
| Mar 27, 2026 | 9.24% |
| Dec 26, 2025 | 21.85% |
| Dec 26, 2025 | 21.85% |
| Dec 26, 2025 | 21.85% |
| Sep 26, 2025 | 24.10% |
| Sep 26, 2025 | 24.10% |
| Sep 26, 2025 | 24.10% |
| Jun 27, 2025 | 24.59% |
| Jun 27, 2025 | 24.59% |
| Jun 27, 2025 | 24.59% |
| Mar 28, 2025 | 98.28% |
| Mar 28, 2025 | 98.28% |
| Mar 28, 2025 | 98.28% |
| Dec 27, 2024 | 25.21% |
| Dec 27, 2024 | 25.21% |