Alight (ALIT) Current Leases (2020 - 2024)
Alight's Current Leases was $22 million in Q1 2024, down 12.0% from $25 million a year earlier but up 120.0% from the prior quarter.
Analysis
Alight (ALIT) Current Leases (2020 - 2024) Analysis & Trends
At the end of FY2023, Current Leases at Alight came in at $10 million, down 60.0% from FY2022.
- Current Leases has now declined for three consecutive years, with a three-year compound annual growth rate of -29.1% (FY2020 to FY2023).
- In earlier years, Current Leases was $25 million in FY2022 (-7.4%), $27 million in FY2021 (-3.6%) and $28 million in FY2020.
- Quarterly Current Leases has moved between $10 million (Q4 2023) and $28 million (Q4 2020) over five years.
- Compared with a year earlier, Current Leases has declined for six straight quarters, with an average decline of 24.0% over the last six quarters.
- Per Business Quant data, ALIT's Current Leases in the three quarters before Q1 2024 was $10 million (Q4 2023), $14 million (Q3 2023) and $23 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn | - |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn | - |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn | - |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn | - |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn | - |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn | - |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn | - |
| 10 | Alight | 260.27 Mn | -608.73 Mn | 142.00 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 22.00 Mn |
| Dec 31, 2023 | 10.00 Mn |
| Sep 30, 2023 | 14.00 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 | 27.00 Mn |
| Sep 30, 2021 | 28.00 Mn |
| Dec 31, 2020 | 28.00 Mn |
API Access
Alight Current 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=current-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-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=current-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();