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
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