Great Elm (GEG) Divestments (2022 - 2024)

Great Elm (GEG) reported Divestments of -$587000.0 for Q1 2024, down 100.82% on a YoY basis from $71.3 million in Q2 2023, and down 63.06% quarter-over-quarter from -$360000.0 in Q3 2023.

Great Elm (GEG) Divestments (2022 - 2024) Analysis & Trends

Great Elm has reported Divestments for 3 years, with the latest figure at -$587000.0 in Q1 2024.

  • For the quarter ending Q1 2024, Divestments fell 100.82% year-over-year to -$587000.0; the trailing twelve-month figure through Jun 2024 stood at -$947000.0 (down 101.41% YoY), and the FY2024 full-year result was -$947000.0, down 101.41% from the prior year.
  • Divestments for Q1 2024 stood at -$587000.0, down from -$360000.0 in the prior quarter.
  • The five-year high for Divestments was $71.3 million in Q1 2023, with the low at -$2.3 million in Q3 2022.
  • Historically, Divestments has averaged $9.0 million across 3 years, with a median of -$1.4 million in 2022.
  • Annual changes were most pronounced in 2023 — Divestments jumped 5184.24% — and 2024, when it sank 100.82%.
  • Great Elm's Divestments stood at -$1.8 million in 2022, then soared by 79.91% to -$360000.0 in 2023, then sank by 63.06% to -$587000.0 in 2024.
  • The last three Divestments figures came in at -$587000.0 (Q1 2024), -$360000.0 (Q3 2023), and $71.3 million (Q1 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 BlackRock 163.18 Bn 153.56 Bn - 90.00 Mn
2 Blackstone 96.85 Bn 95.80 Bn - -
3 Kkr 86.45 Bn 133.96 Bn - -
4 Apollo Global Management 82.30 Bn 101.04 Bn 5.04 Bn -
5 State Street 46.95 Bn 21.27 Bn - -
6 Ameriprise Financial 43.65 Bn 43.52 Bn 4.57 Bn -
7 Northern Trust 31.92 Bn 31.92 Bn - -
8 Raymond James Financial 30.62 Bn 19.37 Bn - -
9 Ares Management 29.04 Bn 32.41 Bn - -
10 Great Elm 86.44 Mn 40.92 Mn - -

Historic Data

Download Data
DateValue
Mar 31, 2024 -587,000.00
Sep 30, 2023 -360,000.00
Mar 31, 2023 71.28 Mn
Dec 31, 2022 -1.79 Mn
Sep 30, 2022 -2.26 Mn
Jun 30, 2022 -2.21 Mn
Mar 31, 2022 -1.40 Mn