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
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