TE Connectivity (TEL) Divestments (2009 - 2024)
TE Connectivity (TEL) posted quarterly Divestments of $21.0 million for Q2 2024, up 800.0% year-over-year from $2.3 million in Q2 2023, and down 44.74% quarter-over-quarter from $38.0 million in Q4 2023.
TE Connectivity (TEL) Divestments (2009 - 2024) Analysis & Trends
TE Connectivity (TEL) has reported Divestments for 13 consecutive years, with $21.0 million the latest figure, recorded in Q2 2024.
- In Q2 2024, Divestments rose 800.0% year-over-year to $21.0 million; the TTM figure through Sep 2024 stood at $59.0 million (up 2066.67% YoY), while the FY2024 annual figure was $59.0 million, up 22.92% from the prior year.
- Divestments retreated to $21.0 million in Q2 2024 per TEL's latest filing, from $38.0 million in the prior quarter.
- Across five years, Divestments topped out at $38.0 million in Q4 2023 and bottomed at -$3.0 million in Q2 2023.
- Historically, Divestments has averaged $18.0 million across 3 years, with a median of $18.5 million in 2021.
- On a YoY basis, Divestments climbed as much as 800.0% in 2024 and fell as far as 800.0% in 2024.
- TE Connectivity's Divestments stood at $16.0 million in 2021, then jumped by 137.5% to $38.0 million in 2023, then tumbled by 44.74% to $21.0 million in 2024.
- Business Quant data shows TEL's Divestments at $21.0 million in Q2 2024, $38.0 million in Q4 2023, and -$3.0 million in Q2 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 379.86 Bn | 373.75 Bn | 3.55 Bn | - |
| 2 | Corning | 130.57 Bn | 128.07 Bn | 1.63 Bn | 128.00 Mn |
| 3 | TE Connectivity | 58.60 Bn | 57.36 Bn | 1.84 Bn | - |
| 4 | Flex | 40.47 Bn | 37.63 Bn | 747.00 Mn | 90.00 Mn |
| 5 | Celestica | 34.26 Bn | 33.73 Bn | 577.50 Mn | - |
| 6 | Jabil | 33.31 Bn | 31.95 Bn | 828.00 Mn | - |
| 7 | Fabrinet | 15.88 Bn | 15.01 Bn | 158.05 Mn | - |
| 8 | Ttm Technologies | 11.94 Bn | 11.43 Bn | 211.86 Mn | - |
| 9 | Littelfuse | 10.48 Bn | 9.85 Bn | 306.06 Mn | - |
| 10 | Sanmina | 10.30 Bn | 8.45 Bn | 363.31 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2024 | 21.00 Mn |
| Dec 29, 2023 | 38.00 Mn |
| Jun 30, 2023 | -3.00 Mn |
| Dec 24, 2021 | 16.00 Mn |
| Jun 28, 2019 | 299.00 Mn |
| Dec 28, 2018 | -2.00 Mn |
| Sep 28, 2018 | -8.00 Mn |
| Jun 29, 2018 | -5.00 Mn |
| Mar 30, 2018 | -4.00 Mn |
| Dec 29, 2017 | -4.00 Mn |
| Sep 29, 2017 | -27.00 Mn |
| Sep 30, 2016 | -351.00 Mn |
| Jun 24, 2016 | 65.00 Mn |
| Mar 25, 2016 | 326.00 Mn |
| Dec 25, 2015 | -54.00 Mn |
| Sep 25, 2015 | 2.98 Bn |
| Jun 26, 2015 | -8.00 Mn |
| Mar 27, 2015 | -7.00 Mn |
| Dec 26, 2014 | -7.00 Mn |
| Sep 26, 2014 | -8.00 Mn |