Alight (ALIT) Capital Leases (2020 - 2024)
Alight (ALIT) recorded Capital Leases of $40 million in Q1 2024, up 150.0% from $16 million a year earlier and up 566.7% from the prior quarter.
Analysis
Alight (ALIT) Capital Leases (2020 - 2024) Analysis & Trends
At the end of FY2023, Alight reported Capital Leases of $6 million, down 66.7% from FY2022.
- Annual Capital Leases has declined for three straight years, with a three-year compound annual growth rate of -53.3% (FY2020 to FY2023).
- Across earlier years, Capital Leases came in at $18 million in FY2022 (-47.1%), $34 million in FY2021 (-42.4%) and $59 million in FY2020.
- The Q1 2024 figure is the highest quarterly Capital Leases since Q4 2020.
- On a year-over-year basis, Capital Leases rose in 1 of the last six quarters, with an average decline of 23.3%.
- Per Business Quant, the preceding three quarters came in at $6 million (Q4 2023), $5 million (Q3 2023) and $11 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 449.27 Bn | 418.33 Bn | 1.64 Bn |
| 2 | Oracle | 417.01 Bn | 289.56 Bn | - |
| 3 | Sap Se | 258.97 Bn | 180.05 Bn | 8.40 Bn |
| 4 | Salesforce | 185.51 Bn | 141.38 Bn | 8.70 Bn |
| 5 | ServiceNow | 134.41 Bn | 112.87 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 71.93 Bn | 51.28 Bn | 3.44 Bn |
| 8 | Relx | 60.47 Bn | 57.43 Bn | - |
| 9 | Strategy | 54.44 Bn | 47.43 Bn | 81.55 Mn |
| 10 | Alight | 243.63 Mn | -625.37 Mn | 142.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 40.00 Mn |
| Dec 31, 2023 | 6.00 Mn |
| Sep 30, 2023 | 5.00 Mn |
| Jun 30, 2023 | 11.00 Mn |
| Mar 31, 2023 | 16.00 Mn |
| Dec 31, 2022 | 18.00 Mn |
| Sep 30, 2022 | 22.00 Mn |
| Jun 30, 2022 | 24.00 Mn |
| Mar 31, 2022 | 29.00 Mn |
| Dec 31, 2021 | 34.00 Mn |
| Sep 30, 2021 | 40.00 Mn |
| Dec 31, 2020 | 59.00 Mn |
API Access
Alight Capital Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "ALIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();