Alight (ALIT) Operating Leases (2020 - 2024)
Alight (ALIT) reported Operating Leases of $62.0 million for Q1 2024, down 34.74% on a YoY basis from $95.0 million in Q2 2023, and down 4.62% sequentially from $65.0 million in Q4 2023.
Alight (ALIT) Operating Leases (2020 - 2024) Analysis & Trends
Alight (ALIT) has 5 years of Operating Leases data on file, last reported at $62.0 million in Q1 2024.
- For the quarter ending Q1 2024, Operating Leases fell 34.74% year-over-year to $62.0 million; the trailing twelve-month figure through Mar 2024 stood at $62.0 million (down 34.74% YoY), and the FY2023 full-year result was $65.0 million, down 36.89% from the prior year.
- Operating Leases slipped to $62.0 million in Q1 2024, 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.
- A 5-year average of $103.5 million and a median of $103.5 million in 2022 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases slipped 10.32% in 2021 and slumped 36.89% in 2023, its largest moves.
- Tracing ALIT's Operating Leases over 5 years: stood at $155.0 million in 2020, then retreated by 10.32% to $139.0 million in 2021, then dropped by 25.9% to $103.0 million in 2022, then sank by 36.89% to $65.0 million in 2023, then dropped by 4.62% to $62.0 million in 2024.
- Business Quant data shows ALIT's Operating Leases at $62.0 million in Q1 2024, $65.0 million in Q4 2023, and $79.0 million in Q3 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 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| 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 |