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| 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 |