TE Connectivity plc
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $12.66B | $11.72B | $12.23B | $11.39B | $11.39B | $13.28B | $13.52B | $11.37B |
| Transportation Solutions | $7.76B | $6.97B | — | $6.37B | — | $5.25B | $5.13B | $4.29B |
| Industrial Solutions | $3.45B | $3.21B | — | $3.27B | — | $2.99B | $3.13B | $2.43B |
| Communications Solutions | $1.45B | $1.53B | — | $1.75B | — | $0 | $0 | $0 |
| Network Solutions | $0 | $0 | — | $0 | — | $3.12B | $3.26B | $2.87B |
| Consumer Solutions | $0 | $0 | — | $0 | — | $1.93B | $2.00B | $1.79B |
| Electronic Components | $0 | $0 | — | $0 | — | $0 | $0 | $0 |
| Undersea Communications | $0 | $0 | — | $0 | — | $0 | $0 | $0 |
| Cost of Revenue | $8.00B | $7.53B | $8.15B | $8.00B | $7.74B | $9.24B | $9.51B | $8.04B |
| Gross Profit | $4.18B | $3.83B | $4.09B | $3.97B | $3.65B | $4.05B | $4.27B | $3.64B |
| Gross Margin | 33.0% | 32.7% | 33.4% | 34.9% | 32.1% | 30.5% | 31.6% | 32.1% |
| Operating Expenses | ||||||||
| Research & Development | $548.0M | $525.0M | $540.0M | $484.0M | $494.0M | $595.0M | $593.0M | $461.0M |
| SG&A Expense | $1.54B | $1.40B | $1.50B | $1.53B | $1.44B | $1.69B | $1.73B | $1.49B |
| Operating Income | $1.88B | $1.81B | $1.75B | $1.81B | $1.39B | $1.52B | $1.69B | $1.45B |
| Operating Margin | 14.8% | 15.4% | 14.3% | 15.9% | 12.2% | 11.4% | 12.5% | 12.8% |
| Interest Expense | $130.0M | $127.0M | $136.0M | $127.0M | $139.0M | $176.0M | $161.0M | $155.0M |
| Pretax Income | $1.72B | $1.02B | $1.58B | $1.76B | $1.08B | $1.42B | $1.58B | $1.49B |
| Income Tax Expense | $180.0M | $-826.0M | $337.0M | $146.0M | $-75.0M | $249.0M | $347.0M | $476.0M |
| Net Income | $1.68B | $2.01B | $2.42B | $1.78B | $1.28B | $1.12B | $1.25B | $1.10B |
| Net Margin | 13.3% | 17.1% | 19.8% | 15.6% | 11.2% | 8.4% | 9.2% | 9.7% |
| EPS (Basic) | $4.74 | $5.49 | $5.98 | $4.34 | $3.05 | $2.61 | $2.84 | $2.43 |
| EPS (Diluted) | $4.70 | $5.44 | $5.89 | $4.27 | $3.02 | $2.59 | $2.81 | $2.41 |
| Shares Outstanding (Basic) | 355.0M | 366.0M | 405.0M | 410.0M | 418.0M | 426.0M | 438.0M | 453.0M |
| Shares Outstanding (Diluted) | 358.0M | 369.0M | 411.0M | 417.0M | 423.0M | 430.0M | 443.0M | 457.0M |
| Dividends Per Share | $1.54 | $1.40 | $1.24 | $1.08 | $0.92 | $0.78 | $0.68 | $0.64 |