TE Connectivity (TEL) Divestments (2009 - 2024)

TE Connectivity (TEL) reported 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 12 years of Divestments data on file, last reported at $21.0 million in Q2 2024.

  • Divestments for Q2 2024 came in at $21.0 million, up 800.0% year-over-year; the trailing twelve-month figure through Sep 2024 was $59.0 million (up 2066.67% YoY), and the FY2024 annual result was $59.0 million, up 22.92% from the prior year.
  • Divestments eased to $21.0 million in Q2 2024 per TEL's latest filing, from $38.0 million in the prior quarter.
  • Over five years, Divestments peaked at $38.0 million in Q4 2023 and troughed at -$3.0 million in Q2 2023.
  • A 3-year average of $18.0 million and a median of $18.5 million in 2021 frame the typical range for Divestments.
  • On a YoY basis, Divestments climbed as much as 800.0% in 2024 and fell as far as 800.0% in 2024.
  • A 3-year view of Divestments shows it stood at $16.0 million in 2021, then soared by 137.5% to $38.0 million in 2023, then slumped 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Divestments (Qtr)
1 Amphenol 170.58 Bn 165.55 Bn 2.80 Bn -
2 Corning 152.19 Bn 150.97 Bn 1.53 Bn -
3 TE Connectivity 62.31 Bn 61.34 Bn 1.75 Bn -
4 Flex 56.36 Bn 54.72 Bn 702.00 Mn -
5 Celestica 42.71 Bn 42.33 Bn 437.20 Mn -
6 Jabil 37.62 Bn 35.80 Bn 746.00 Mn -
7 Fabrinet 22.26 Bn 21.31 Bn 144.34 Mn -
8 Ttm Technologies 17.40 Bn 16.99 Bn 181.18 Mn -
9 Sanmina 13.70 Bn 12.12 Bn 353.79 Mn -
10 Vicor 12.32 Bn 11.92 Bn 62.37 Mn -

Historic Data

Download Data
DateValue
Jun 28, 2024 21.00 Mn
Dec 29, 2023 38.00 Mn
Jun 30, 2023 -3.00 Mn
Dec 24, 2021 16.00 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 -3.00 Mn
Jun 26, 2015 -8.00 Mn
Mar 27, 2015 -7.00 Mn
Dec 26, 2014 -7.00 Mn
Sep 26, 2014 -8.00 Mn
Jun 27, 2014 -9.00 Mn