Alight (ALIT) Current Leases (2020 - 2024)
Alight recorded quarterly Current Leases of $28.0 million in Q1 2024, up 180.0% quarter-over-quarter from $10.0 million in Q4 2023, and up 12.0% year-over-year from $25.0 million in Q2 2023.
Alight's Current Leases history runs 5 years deep, the most recent figure standing at $28.0 million for Q1 2024.
- In Q1 2024, Current Leases rose 12.0% year-over-year to $28.0 million; the TTM figure through Mar 2024 stood at $28.0 million (up 12.0% YoY), while the FY2023 annual figure 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.
- A 5-year average of $30.2 million and a median of $27.5 million in 2020 frame the typical range for Current Leases.
- Across the five-year window, Current Leases tumbled 60.0% in 2023 and gained 12.0% in 2024, its largest moves.
- Alight's Current Leases stood at $28.0 million in 2020, then slipped by 3.57% to $27.0 million in 2021, then dropped by 7.41% to $25.0 million in 2022, then sank by 60.0% to $10.0 million in 2023, then soared 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 | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 548.00 Mn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 195.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 16.00 Mn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 118.00 Mn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | - |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 84.00 Mn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Alight | 429.24 Mn | 253.24 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 |