TE Connectivity (TEL) Divestments (2009 - 2024)
TE Connectivity's (TEL) quarterly Divestments came in at $21.0 million in 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.
Analysis
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.
- On a quarterly basis, Divestments rose 800.0% year-over-year to $21.0 million in Q2 2024; TTM through Sep 2024 was $59.0 million, a 2066.67% increase from a year earlier, with the FY2024 full-year figure at $59.0 million, up 22.92% from the prior year.
- Divestments was $21.0 million for Q2 2024 at TE Connectivity, down 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.
- The widest YoY moves for Divestments: up 800.0% in 2024, down 800.0% in 2024.
- Over 3 years, Divestments stood at $16.0 million in 2021, then surged by 137.5% to $38.0 million in 2023, then tumbled by 44.74% to $21.0 million in 2024.
- The last three Divestments figures came in at $21.0 million (Q2 2024), $38.0 million (Q4 2023), and -$3.0 million (Q2 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 200.46 Bn | 194.35 Bn | 3.55 Bn | - |
| 2 | Eaton | 161.54 Bn | 160.85 Bn | 2.86 Bn | - |
| 3 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | - |
| 4 | TE Connectivity | 59.59 Bn | 58.35 Bn | 1.84 Bn | - |
| 5 | nVent Electric | 25.65 Bn | 25.40 Bn | 558.00 Mn | - |
| 6 | Hubbell | 24.08 Bn | 23.69 Bn | 613.00 Mn | - |
| 7 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | - |
| 8 | Aptiv | 9.45 Bn | 8.69 Bn | 775.00 Mn | - |
| 9 | Valmont Industries | 9.30 Bn | 9.17 Bn | 340.82 Mn | - |
| 10 | Vicor | 8.40 Bn | 7.95 Bn | 83.12 Mn | - |
Historic Data
Download Data
Historic 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 |