Alight (ALIT) Current Leases (2020 - 2024)
Alight's (ALIT) quarterly Current Leases came in at $28.0 million in Q1 2024, down 17.65% year-over-year from $34.0 million in Q2 2023, and up 3.7% quarter-over-quarter from $27.0 million in Q4 2023.
Analysis
Alight (ALIT) Current Leases (2020 - 2024) Analysis & Trends
Alight has disclosed Current Leases across 5 years of filings, most recently posting $28.0 million for Q1 2024.
- In Q1 2024, Current Leases fell 17.65% year-over-year to $28.0 million; the TTM figure through Mar 2024 stood at $28.0 million (down 17.65% YoY), while the FY2023 annual figure was $27.0 million, down 20.59% from the prior year.
- Current Leases came in at $28.0 million for Q1 2024 at Alight, up from $27.0 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 $27.0 million in Q4 2023.
- Average Current Leases over 5 years is $38.7 million, with a median of $39.5 million recorded in 2022.
- Year-over-year, Current Leases rose 7.32% in 2021 and dropped 26.42% in 2022.
- Over 5 years, Current Leases stood at $41.0 million in 2020, then rose by 7.32% to $44.0 million in 2021, then retreated by 22.73% to $34.0 million in 2022, then retreated by 20.59% to $27.0 million in 2023, then rose by 3.7% to $28.0 million in 2024.
- Per Business Quant data, the three most recent Current Leases figures were $28.0 million in Q1 2024, $27.0 million in Q4 2023, and $38.0 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Automatic Data Processing | 110.44 Bn | 106.21 Bn | 2.51 Bn | - |
| 2 | Paychex | 43.28 Bn | 42.14 Bn | 1.19 Bn | - |
| 3 | Paycom Software | 10.27 Bn | 10.07 Bn | 412.40 Mn | 28.80 Mn |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn | - |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn | 17.20 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn | - |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn | 1.91 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn | 1.12 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2024 | 28.00 Mn |
| Dec 31, 2023 | 27.00 Mn |
| Sep 30, 2023 | 38.00 Mn |
| Jun 30, 2023 | 40.00 Mn |
| Mar 31, 2023 | 34.00 Mn |
| Dec 31, 2022 | 34.00 Mn |
| Sep 30, 2022 | 39.00 Mn |
| Jun 30, 2022 | 41.00 Mn |
| Mar 31, 2022 | 45.00 Mn |
| Dec 31, 2021 | 44.00 Mn |
| Sep 30, 2021 | 53.00 Mn |
| Dec 31, 2020 | 41.00 Mn |