TE Connectivity (TEL) Tax Rate (2009 - 2026)
TE Connectivity's Tax Rate came in at 22.97% for fiscal Q3 2026 (quarter ended Jun 26, 2026), down 1.62 percentage points from 24.59% a year earlier but up 13.73 percentage points from the prior quarter.
TE Connectivity (TEL) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 26, 2026, TE Connectivity reported Tax Rate of 19.97%, down 30.94 percentage points year-over-year; for FY2025 (ended Sep 26, 2025), it was 42.48%, up 56.67 percentage points from FY2024.
- Tax Rate carries a five-year change of -106.95 percentage points (FY2020 to FY2025).
- Going back by fiscal year, Tax Rate was -14.19% in FY2024 (-30.24 pp), 16.05% in FY2023 (+4.85 pp), 11.20% in FY2022 (+6.02 pp) and 5.17% in FY2021 (-144.26 pp).
- The five-year range for quarterly Tax Rate is -158.08% (fiscal Q1 2024) to 98.28% (fiscal Q2 2025).
- Year-over-year, Tax Rate has declined for four consecutive quarters, with an average year-over-year change of +22.51 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q1 2025 (a gain of 183.30 percentage points), and the weakest in fiscal Q1 2024 (a drop of 176.02 percentage points).
- Business Quant data shows TEL's Tax Rate at 9.24% (Q2 2026), 21.85% (Q1 2026) and 25.98% (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 376.87 Bn | 348.57 Bn | 7.76 Bn | 23.15% |
| 2 | Amphenol | 208.65 Bn | 203.35 Bn | 3.55 Bn | 25.30% |
| 3 | Deere | 185.97 Bn | 194.73 Bn | 4.66 Bn | 28.11% |
| 4 | Eaton | 167.50 Bn | 164.73 Bn | 2.86 Bn | 28.06% |
| 5 | Parker-Hannifin | 122.25 Bn | 120.39 Bn | 2.25 Bn | 18.51% |
| 6 | Vertiv Holdings | 93.95 Bn | 84.57 Bn | 1.23 Bn | 19.71% |
| 7 | Emerson Electric | 88.90 Bn | 81.65 Bn | 2.66 Bn | 21.62% |
| 8 | 3M | 87.39 Bn | 68.85 Bn | 2.68 Bn | 16.34% |
| 9 | Illinois Tool Works | 78.00 Bn | 74.56 Bn | 1.90 Bn | 24.54% |
| 10 | TE Connectivity | 62.17 Bn | 57.46 Bn | 1.84 Bn | 22.97% |
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 22.97% |
| Mar 27, 2026 | 9.24% |
| Dec 26, 2025 | 21.85% |
| Sep 26, 2025 | 25.98% |
| Jun 27, 2025 | 24.59% |
| Mar 28, 2025 | 98.28% |
| Dec 27, 2024 | 25.21% |
| Sep 27, 2024 | 57.99% |
| Jun 28, 2024 | 24.01% |
| Mar 29, 2024 | 21.25% |
| Sep 29, 2023 | 12.78% |
| Jun 30, 2023 | 15.38% |
| Mar 31, 2023 | 19.05% |
| Dec 30, 2022 | 17.94% |
| Jun 24, 2022 | 16.38% |
| Mar 25, 2022 | 19.54% |
| Dec 24, 2021 | 16.25% |
| Jun 25, 2021 | 17.59% |
| Mar 26, 2021 | 17.35% |
| Dec 25, 2020 | 13.79% |
TE Connectivity Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=TEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "TEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=TEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();