Alight (ALIT) Current Leases (2020 - 2024)
Alight's (ALIT) quarterly Current Leases came in at $28.0 million in Q1 2024, up 12.0% year-on-year from $25.0 million in Q2 2023, and up 180.0% quarter-over-quarter from $10.0 million in Q4 2023.
Alight (ALIT) Current Leases (2020 - 2024) Analysis & Trends
Alight has disclosed Current Leases across 5 years of filings, most recently posting $28.0 million for Q1 2024.
- Current Leases for Q1 2024 came in at $28.0 million, up 12.0% year-over-year; the trailing twelve-month figure through Mar 2024 was $28.0 million (up 12.0% YoY), and the FY2023 annual result was $10.0 million, down 60.0% from the prior year.
- Current Leases came in at $28.0 million for Q1 2024 at Alight, up from $10.0 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $53.0 million in Q3 2021 to a low of $10.0 million in Q4 2023.
- The 5-year median for Current Leases is $27.5 million (2020), against an average of $30.2 million.
- Across the five-year window, Current Leases plunged 60.0% in 2023 and rose 12.0% in 2024, its largest moves.
- Alight's Current Leases stood at $28.0 million in 2020, then decreased by 3.57% to $27.0 million in 2021, then slipped by 7.41% to $25.0 million in 2022, then slumped by 60.0% to $10.0 million in 2023, then surged by 180.0% to $28.0 million in 2024.
- The last three Current Leases figures came in at $28.0 million (Q1 2024), $10.0 million (Q4 2023), and $38.0 million (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 195.00 Mn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 16.00 Mn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 557.00 Mn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | - |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 118.00 Mn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | - |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 91.00 Mn |
| 10 | Alight | 325.29 Mn | 149.29 Mn | 156.00 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 28.00 Mn |
| Dec 31, 2023 | 10.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 23.00 Mn |
| Mar 31, 2023 | 25.00 Mn |
| Dec 31, 2022 | 25.00 Mn |
| Sep 30, 2022 | 39.00 Mn |
| Jun 30, 2022 | 41.00 Mn |
| Mar 31, 2022 | 26.00 Mn |
| Dec 31, 2021 | 27.00 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Dec 31, 2020 | 28.00 Mn |