Alight (ALIT) Operating Leases (2020 - 2024)
Alight's (ALIT) quarterly Operating Leases came in at $62.0 million in Q1 2024, down 34.74% year-over-year from $95.0 million in Q2 2023, and down 4.62% quarter-over-quarter from $65.0 million in Q4 2023.
Analysis
Alight (ALIT) Operating Leases (2020 - 2024) Analysis & Trends
Alight has disclosed Operating Leases across 5 years of filings, most recently posting $62.0 million for Q1 2024.
- In Q1 2024, Operating Leases fell 34.74% year-over-year to $62.0 million; the TTM figure through Mar 2024 stood at $62.0 million (down 34.74% YoY), while the FY2023 annual figure was $65.0 million, down 36.89% from the prior year.
- Operating Leases came in at $62.0 million for Q1 2024 at Alight, down from $65.0 million in the prior quarter.
- In the past five years, Operating Leases ranged from a high of $155.0 million in Q4 2020 to a low of $62.0 million in Q1 2024.
- Average Operating Leases over 5 years is $103.5 million, with a median of $103.5 million recorded in 2022.
- Year-over-year, Operating Leases dropped 10.32% in 2021 and tumbled 36.89% in 2023.
- Over 5 years, Operating Leases stood at $155.0 million in 2020, then decreased by 10.32% to $139.0 million in 2021, then declined by 25.9% to $103.0 million in 2022, then slumped by 36.89% to $65.0 million in 2023, then declined by 4.62% to $62.0 million in 2024.
- Per Business Quant data, the three most recent Operating Leases figures were $62.0 million in Q1 2024, $65.0 million in Q4 2023, and $79.0 million in Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Paylocity Holding | 8.11 Bn | 7.84 Bn | 300.38 Mn |
| 5 | Kanzhun | 7.88 Bn | 5.57 Bn | 306.38 Mn |
| 6 | Alight | 393.98 Mn | 180.98 Mn | 142.00 Mn |
| 7 | Asure Software | 267.49 Mn | 247.81 Mn | 25.06 Mn |
| 8 | Dhi | 194.97 Mn | 191.20 Mn | 25.04 Mn |
| 9 | CXApp | 5.71 Mn | 5.71 Mn | - |
Historic Data
Download Data
Historic 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 |