Alight (ALIT) Operating Leases (2020 - 2024)
Alight (ALIT) recorded Operating Leases of $62 million in Q1 2024, down 34.7% from $95 million a year earlier and down 4.6% from the prior quarter.
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Analysis
Alight (ALIT) Operating Leases (2020 - 2024) Analysis & Trends
At the end of FY2023, Alight reported Operating Leases of $65 million, down 36.9% from FY2022.
- Annual Operating Leases has declined for three straight years, with a three-year compound annual growth rate of -25.1% (FY2020 to FY2023).
- Across earlier years, Operating Leases came in at $103 million in FY2022 (-25.9%), $139 million in FY2021 (-10.3%) and $155 million in FY2020.
- The Q1 2024 figure is the lowest quarterly Operating Leases in data going back to Q4 2020.
- On a year-over-year basis, Operating Leases has declined for six consecutive quarters, with an average decline of 27.0% over the last six quarters.
- Per Business Quant, the preceding three quarters came in at $65 million (Q4 2023), $79 million (Q3 2023) and $84 million (Q2 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 450.50 Bn | 419.56 Bn | 1.64 Bn |
| 2 | Oracle | 401.01 Bn | 273.57 Bn | - |
| 3 | Sap Se | 257.03 Bn | 178.11 Bn | 8.40 Bn |
| 4 | Salesforce | 187.04 Bn | 142.92 Bn | 8.70 Bn |
| 5 | ServiceNow | 135.91 Bn | 114.37 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 104.14 Bn | 86.27 Bn | 2.51 Bn |
| 7 | Intuit | 72.30 Bn | 51.65 Bn | 3.44 Bn |
| 8 | Relx | 60.17 Bn | 57.14 Bn | - |
| 9 | Strategy | 55.31 Bn | 48.30 Bn | 81.55 Mn |
| 10 | Alight | 260.27 Mn | -608.73 Mn | 142.00 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 |
API Access
Alight Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "ALIT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=ALIT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();