Alight (ALIT) Operating Leases (2020 - 2024)
Alight recorded quarterly Operating Leases of $62.0 million in Q1 2024, down 4.62% quarter-over-quarter from $65.0 million in Q4 2023, and down 34.74% year-over-year from $95.0 million in Q2 2023.
Alight's Operating Leases history runs 5 years deep, the most recent figure standing at $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.
- 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 dropped 10.32% in 2021 and tumbled 36.89% in 2023, its largest moves.
- Alight's Operating Leases stood at $155.0 million in 2020, then slipped by 10.32% to $139.0 million in 2021, then fell by 25.9% to $103.0 million in 2022, then tumbled by 36.89% to $65.0 million in 2023, then fell 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn |
| 10 | Alight | 429.24 Mn | 253.24 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 |