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-on-year from $95.0 million in Q2 2023, and down 4.62% quarter-over-quarter from $65.0 million in Q4 2023.

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.

  • Operating Leases for Q1 2024 came in at $62.0 million, down 34.74% year-over-year; the trailing twelve-month figure through Mar 2024 was $62.0 million (down 34.74% YoY), and the FY2023 annual result 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.
  • The 5-year median for Operating Leases is $103.5 million (2022), against an average of $103.5 million.
  • Across the five-year window, Operating Leases slipped 10.32% in 2021 and plunged 36.89% in 2023, its largest moves.
  • Alight's 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 plunged by 36.89% to $65.0 million in 2023, then declined by 4.62% to $62.0 million in 2024.
  • The last three Operating Leases figures came in at $62.0 million (Q1 2024), $65.0 million (Q4 2023), and $79.0 million (Q3 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn
10 Alight 325.29 Mn 149.29 Mn 156.00 Mn

Historic Data

Download Data
DateValue
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