Alight (ALIT) Current Leases (2020 - 2024)
Alight (ALIT) reported Current Leases of $28.0 million for Q1 2024, up 12.0% on a YoY basis from $25.0 million in Q2 2023, and up 180.0% sequentially from $10.0 million in Q4 2023.
Alight (ALIT) Current Leases (2020 - 2024) Analysis & Trends
Alight (ALIT) has 5 years of Current Leases data on file, last reported at $28.0 million in Q1 2024.
- For the quarter ending Q1 2024, Current Leases rose 12.0% year-over-year to $28.0 million; the trailing twelve-month figure through Mar 2024 stood at $28.0 million (up 12.0% YoY), and the FY2023 full-year result was $10.0 million, down 60.0% from the prior year.
- Current Leases climbed to $28.0 million in Q1 2024, from $10.0 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $44.0 million in Q4 2021 to a low of $10.0 million in Q4 2023.
- A 5-year average of $28.4 million and a median of $26.5 million in 2022 frame the typical range for Current Leases.
- Peak annual rise in Current Leases reached 46.15% in 2023, while the deepest fall reached 60.0% in 2023.
- Tracing ALIT's Current Leases over 5 years: stood at $41.0 million in 2020, then increased by 7.32% to $44.0 million in 2021, then plunged by 43.18% to $25.0 million in 2022, then tumbled by 60.0% to $10.0 million in 2023, then jumped by 180.0% to $28.0 million in 2024.
- Business Quant data shows ALIT's Current Leases at $28.0 million in Q1 2024, $10.0 million in Q4 2023, and $38.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | - |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 16.00 Mn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 195.00 Mn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 557.00 Mn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 114.00 Mn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | - |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 55.78 Mn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | - |
| 10 | Alight | 478.83 Mn | 302.83 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 | 26.00 Mn |
| Jun 30, 2022 | 27.00 Mn |
| Mar 31, 2022 | 26.00 Mn |
| Dec 31, 2021 | 44.00 Mn |
| Sep 30, 2021 | 28.00 Mn |
| Dec 31, 2020 | 41.00 Mn |