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Side-by-side financial comparison of Athene Holding Ltd. (ATHS) and TE Connectivity (TEL). Click either name above to swap in a different company.
Athene Holding Ltd. is the larger business by last-quarter revenue ($8.1B vs $4.7B, roughly 1.7× TE Connectivity). TE Connectivity runs the higher net margin — 18.0% vs 6.4%, a 11.6% gap on every dollar of revenue. On growth, Athene Holding Ltd. posted the faster year-over-year revenue change (115.1% vs 14.5%). Over the past eight quarters, Athene Holding Ltd.'s revenue compounded faster (19.2% CAGR vs 9.2%).
Athene Holding Ltd. is a leading US-focused retirement services provider. It offers fixed, indexed and variable annuity products plus tailored retirement savings solutions for individual consumers and institutional clients, aiming to help customers secure long-term financial stability for their retirement.
TE Connectivity plc is an American-Irish domiciled technology company that designs and manufactures electrical and electronic components. It serves several industries, including automotive, aerospace, defense, medical, and energy.
ATHS vs TEL — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $8.1B | $4.7B |
| Net Profit | $523.0M | $855.0M |
| Gross Margin | — | 36.8% |
| Operating Margin | 16.9% | 20.1% |
| Net Margin | 6.4% | 18.0% |
| Revenue YoY | 115.1% | 14.5% |
| Net Profit YoY | -48.5% | 58.0% |
| EPS (diluted) | — | $2.90 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $4.7B | ||
| Q4 25 | $8.1B | $4.7B | ||
| Q3 25 | $8.0B | $4.7B | ||
| Q2 25 | $5.4B | $4.5B | ||
| Q1 25 | $4.2B | $4.1B | ||
| Q4 24 | $3.8B | $3.8B | ||
| Q3 24 | $6.5B | $4.1B | ||
| Q2 24 | $4.7B | $4.0B |
| Q1 26 | — | $855.0M | ||
| Q4 25 | $523.0M | $750.0M | ||
| Q3 25 | $1.3B | $663.0M | ||
| Q2 25 | $464.0M | $638.0M | ||
| Q1 25 | $465.0M | $13.0M | ||
| Q4 24 | $1.0B | $528.0M | ||
| Q3 24 | $625.0M | $276.0M | ||
| Q2 24 | $629.0M | $573.0M |
| Q1 26 | — | 36.8% | ||
| Q4 25 | — | 37.2% | ||
| Q3 25 | — | 35.0% | ||
| Q2 25 | — | 35.3% | ||
| Q1 25 | — | 35.2% | ||
| Q4 24 | — | 35.5% | ||
| Q3 24 | — | 34.0% | ||
| Q2 24 | — | 34.8% |
| Q1 26 | — | 20.1% | ||
| Q4 25 | 16.9% | 20.6% | ||
| Q3 25 | 26.8% | 19.3% | ||
| Q2 25 | 12.2% | 18.9% | ||
| Q1 25 | 22.3% | 18.1% | ||
| Q4 24 | 30.4% | 18.0% | ||
| Q3 24 | 25.7% | 16.0% | ||
| Q2 24 | 22.0% | 19.0% |
| Q1 26 | — | 18.0% | ||
| Q4 25 | 6.4% | 16.1% | ||
| Q3 25 | 15.7% | 14.0% | ||
| Q2 25 | 8.7% | 14.1% | ||
| Q1 25 | 11.1% | 0.3% | ||
| Q4 24 | 26.8% | 13.8% | ||
| Q3 24 | 9.6% | 6.8% | ||
| Q2 24 | 13.5% | 14.4% |
| Q1 26 | — | $2.90 | ||
| Q4 25 | — | $2.53 | ||
| Q3 25 | — | $2.23 | ||
| Q2 25 | — | $2.14 | ||
| Q1 25 | — | $0.04 | ||
| Q4 24 | — | $1.75 | ||
| Q3 24 | — | $0.96 | ||
| Q2 24 | — | $1.86 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $1.1B |
| Total DebtLower is stronger | $7.8B | $5.7B |
| Stockholders' EquityBook value | $20.5B | $13.2B |
| Total Assets | $442.2B | $25.7B |
| Debt / EquityLower = less leverage | 0.38× | 0.43× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $1.1B | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $672.0M | ||
| Q1 25 | — | $2.6B | ||
| Q4 24 | — | $1.3B | ||
| Q3 24 | — | $1.3B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | — | $5.7B | ||
| Q4 25 | $7.8B | — | ||
| Q3 25 | $7.9B | — | ||
| Q2 25 | $7.9B | — | ||
| Q1 25 | $6.3B | — | ||
| Q4 24 | $6.3B | — | ||
| Q3 24 | $5.7B | — | ||
| Q2 24 | $5.7B | — |
| Q1 26 | — | $13.2B | ||
| Q4 25 | $20.5B | $13.0B | ||
| Q3 25 | $20.4B | $12.6B | ||
| Q2 25 | $18.1B | $12.4B | ||
| Q1 25 | $17.5B | $12.1B | ||
| Q4 24 | $16.4B | $12.4B | ||
| Q3 24 | $17.4B | $12.4B | ||
| Q2 24 | $15.0B | $12.6B |
| Q1 26 | — | $25.7B | ||
| Q4 25 | $442.2B | $25.6B | ||
| Q3 25 | $429.9B | $25.1B | ||
| Q2 25 | $405.3B | $24.9B | ||
| Q1 25 | $381.5B | $23.7B | ||
| Q4 24 | $363.3B | $22.4B | ||
| Q3 24 | $355.0B | $22.9B | ||
| Q2 24 | $332.6B | $22.9B |
| Q1 26 | — | 0.43× | ||
| Q4 25 | 0.38× | — | ||
| Q3 25 | 0.38× | — | ||
| Q2 25 | 0.43× | — | ||
| Q1 25 | 0.36× | — | ||
| Q4 24 | 0.39× | — | ||
| Q3 24 | 0.33× | — | ||
| Q2 24 | 0.38× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $3.0B | $947.0M |
| Free Cash FlowOCF − Capex | — | $680.0M |
| FCF MarginFCF / Revenue | — | 14.3% |
| Capex IntensityCapex / Revenue | — | 5.7% |
| Cash ConversionOCF / Net Profit | 5.82× | 1.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $3.4B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $947.0M | ||
| Q4 25 | $3.0B | $865.0M | ||
| Q3 25 | $636.0M | $1.4B | ||
| Q2 25 | $1.1B | $1.2B | ||
| Q1 25 | $426.0M | $653.0M | ||
| Q4 24 | $386.0M | $878.0M | ||
| Q3 24 | $780.0M | $1.0B | ||
| Q2 24 | $525.0M | $1.0B |
| Q1 26 | — | $680.0M | ||
| Q4 25 | — | $607.0M | ||
| Q3 25 | — | $1.1B | ||
| Q2 25 | — | $957.0M | ||
| Q1 25 | — | $423.0M | ||
| Q4 24 | — | $673.0M | ||
| Q3 24 | — | $829.0M | ||
| Q2 24 | — | $857.0M |
| Q1 26 | — | 14.3% | ||
| Q4 25 | — | 13.0% | ||
| Q3 25 | — | 24.2% | ||
| Q2 25 | — | 21.1% | ||
| Q1 25 | — | 10.2% | ||
| Q4 24 | — | 17.5% | ||
| Q3 24 | — | 20.4% | ||
| Q2 24 | — | 21.5% |
| Q1 26 | — | 5.7% | ||
| Q4 25 | — | 5.5% | ||
| Q3 25 | — | 5.7% | ||
| Q2 25 | — | 5.1% | ||
| Q1 25 | — | 5.6% | ||
| Q4 24 | — | 5.3% | ||
| Q3 24 | — | 5.2% | ||
| Q2 24 | — | 3.7% |
| Q1 26 | — | 1.11× | ||
| Q4 25 | 5.82× | 1.15× | ||
| Q3 25 | 0.51× | 2.14× | ||
| Q2 25 | 2.28× | 1.86× | ||
| Q1 25 | 0.92× | 50.23× | ||
| Q4 24 | 0.38× | 1.66× | ||
| Q3 24 | 1.25× | 3.78× | ||
| Q2 24 | 0.83× | 1.76× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
