TE Connectivity (TEL) Tax Rate (2009 - 2026)
TE Connectivity's (TEL) quarterly Tax Rate came in at 22.97% in 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.
Analysis
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.
- On a quarterly basis, Tax Rate fell 162.0% year-over-year to 22.97% in Q2 2026; TTM through Jun 2026 was 19.6%, a 6187.0% decrease from a year earlier, with the FY2025 full-year figure at 41.57%, up 2128.0% from the prior year.
- Tax Rate was 22.97% for Q2 2026 at TE Connectivity, up from 9.24% in the prior quarter.
- Over five years, Tax Rate peaked at 181.27% in Q3 2024 and troughed at 158.08% in Q4 2023.
- A 5-year average of 24.46% and a median of 22.41% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate tumbled 17602 bps in 2023 and surged 18330 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 17.94% in 2022, then slumped by 981 bps to 158.08% in 2023, then surged by 116 bps to 25.21% in 2024, then retreated by 13 bps to 21.85% in 2025, then increased by 5 bps to 22.97% in 2026.
- The last three Tax Rate figures came in at 22.97% (Q2 2026), 9.24% (Q1 2026), and 21.85% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.62 Bn | 194.51 Bn | 3.55 Bn | 25.30% |
| 2 | Eaton | 161.88 Bn | 161.18 Bn | 2.86 Bn | 28.06% |
| 3 | Vertiv Holdings | 102.35 Bn | 99.24 Bn | 1.23 Bn | 19.71% |
| 4 | TE Connectivity | 59.54 Bn | 58.30 Bn | 1.84 Bn | 22.97% |
| 5 | nVent Electric | 25.87 Bn | 25.62 Bn | 558.00 Mn | 23.48% |
| 6 | Hubbell | 24.15 Bn | 23.76 Bn | 613.00 Mn | 20.25% |
| 7 | Advanced Energy Industries | 11.23 Bn | 9.81 Bn | 236.10 Mn | 18.17% |
| 8 | Aptiv | 9.46 Bn | 8.70 Bn | 775.00 Mn | 14.21% |
| 9 | Valmont Industries | 9.27 Bn | 9.13 Bn | 340.82 Mn | 25.84% |
| 10 | Vicor | 8.66 Bn | 8.21 Bn | 83.12 Mn | -27.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 22.97% |
| Mar 27, 2026 | 9.24% |
| Dec 26, 2025 | 21.85% |
| Sep 26, 2025 | 24.10% |
| Jun 27, 2025 | 24.59% |
| Mar 28, 2025 | 98.28% |
| Dec 27, 2024 | 25.21% |
| Sep 27, 2024 | 181.27% |
| Jun 28, 2024 | 24.01% |
| Mar 29, 2024 | 21.25% |
| Dec 29, 2023 | -158.08% |
| Sep 29, 2023 | 25.03% |
| Jun 30, 2023 | 15.38% |
| Mar 31, 2023 | 19.05% |
| Dec 30, 2022 | 17.94% |
| Sep 30, 2022 | 32.32% |
| Jun 24, 2022 | 16.38% |
| Mar 25, 2022 | 19.54% |
| Dec 24, 2021 | 16.25% |
| Sep 24, 2021 | 21.70% |