Alight (ALIT) Operating Leases (2020 - 2024)
Alight (ALIT) posted Operating Leases of $62.0 million for Q1 2024, down 4.62% sequentially from $65.0 million in Q4 2023, and down 34.74% YoY from $95.0 million in Q2 2023.
Alight (ALIT) Operating Leases (2020 - 2024) Analysis & Trends
Alight has reported Operating Leases for 5 years, with the latest figure at $62.0 million in Q1 2024.
- Quarterly Operating Leases fell 34.74% year-over-year to $62.0 million in Q1 2024, while the trailing twelve-month figure through Mar 2024 was $62.0 million (down 34.74% YoY) and the FY2023 annual result came in at $65.0 million, down 36.89% from the prior year.
- Operating Leases slipped to $62.0 million in Q1 2024 per ALIT's latest filing, from $65.0 million in the prior quarter.
- Over five years, Operating Leases peaked at $155.0 million in Q4 2020 and troughed at $62.0 million in Q1 2024.
- A 5-year average of $103.5 million and a median of $103.5 million in 2022 frame the typical range for Operating Leases.
- The sharpest annual moves came in 2021 and 2023: Operating Leases declined 10.32% in 2021, then plunged 36.89% in 2023.
- Over 5 years, Operating Leases stood at $155.0 million in 2020, then dropped by 10.32% to $139.0 million in 2021, then retreated by 25.9% to $103.0 million in 2022, then plunged by 36.89% to $65.0 million in 2023, then retreated by 4.62% to $62.0 million in 2024.
- According to Business Quant data, Operating Leases over the past three periods registered $62.0 million, $65.0 million, and $79.0 million for Q1 2024, Q4 2023, and Q3 2023 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 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 |
| 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 | 62.00 Mn |
| Dec 31, 2023 | 65.00 Mn |
| Sep 30, 2023 | 79.00 Mn |
| Jun 30, 2023 | 84.00 Mn |
| Mar 31, 2023 | 95.00 Mn |
| Dec 31, 2022 | 103.00 Mn |
| Sep 30, 2022 | 104.00 Mn |
| Jun 30, 2022 | 111.00 Mn |
| Mar 31, 2022 | 113.00 Mn |
| Dec 31, 2021 | 139.00 Mn |
| Sep 30, 2021 | 132.00 Mn |
| Dec 31, 2020 | 155.00 Mn |