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| 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 |
| 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 |