Alight (ALIT) Current Leases (2020 - 2024)

Alight (ALIT) posted Current Leases of $28.0 million for Q1 2024, up 180.0% sequentially from $10.0 million in Q4 2023, and up 12.0% YoY from $25.0 million in Q2 2023.

Alight (ALIT) Current Leases (2020 - 2024) Analysis & Trends

Alight has reported Current Leases for 5 years, with the latest figure at $28.0 million in Q1 2024.

  • Quarterly Current Leases rose 12.0% year-over-year to $28.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $28.0 million (up 12.0% YoY) and the FY2023 annual result came in at $10.0 million, down 60.0% from the prior year.
  • Current Leases climbed to $28.0 million in Q1 2024 per ALIT's latest filing, from $10.0 million in the prior quarter.
  • Over five years, Current Leases peaked at $44.0 million in Q4 2021 and troughed at $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.
  • The widest YoY moves for Current Leases: up 46.15% in 2023, down 60.0% in 2023.
  • Over 5 years, Current Leases stood at $41.0 million in 2020, then advanced by 7.32% to $44.0 million in 2021, then tumbled by 43.18% to $25.0 million in 2022, then slumped by 60.0% to $10.0 million in 2023, then jumped by 180.0% to $28.0 million in 2024.
  • According to Business Quant data, Current Leases over the past three periods registered $28.0 million, $10.0 million, and $38.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Sap Se 255.48 Bn 234.41 Bn 16.51 Bn -
2 Shopify 198.95 Bn 194.00 Bn 1.71 Bn 10.00 Mn
3 Salesforce 160.70 Bn 148.86 Bn 8.56 Bn 557.00 Mn
4 Uber Technologies 154.94 Bn 149.73 Bn 6.38 Bn 178.00 Mn
5 ServiceNow 128.25 Bn 123.58 Bn 2.82 Bn 114.00 Mn
6 Snowflake 114.00 Bn 111.05 Bn 926.45 Mn 55.78 Mn
7 Automatic Data Processing 108.58 Bn 104.35 Bn 2.51 Bn -
8 Adobe 105.34 Bn 99.72 Bn 5.90 Bn 91.00 Mn
9 Intuit 94.55 Bn 87.77 Bn 7.24 Bn -
10 Alight 393.87 Mn 180.87 Mn 142.00 Mn -

Historic Data

Download Data
DateValue
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