Canaan (CAN) Current Leases (2019 - 2026)
Canaan's Current Leases came in at $1.22 million for the quarter ended Dec 31, 2023, down 46.3% from $2.27 million a year earlier and down 21.7% from the prior quarter.
Canaan (CAN) Current Leases (2019 - 2026) Analysis & Trends
Going back to the quarter ended Dec 31, 2019, Canaan's Current Leases data covers 17 quarters.
- Current Leases carries a four-year compound annual growth rate of -3.7% (years ended Dec 2019 to Dec 2023).
- Going back by year, Current Leases was $2.31 million in the year ended Dec 31, 2022 (-0.5%), $2.33 million in the year ended Dec 31, 2021 (+20.2%), $1.93 million in the year ended Dec 31, 2020 (+36.9%) and $1.41 million in the year ended Dec 31, 2019.
- The figure for the quarter ended Dec 31, 2023 represents the lowest quarterly Current Leases since the quarter ended Sep 30, 2020.
- Year-over-year, Current Leases has declined for three consecutive quarters, with an average decline of 6.8% over the last eight quarters.
- The fastest year-over-year change in Current Leases over five years came in the quarter ended Jun 30, 2021 (growth of 117.0%), and the weakest in the quarter ended Dec 31, 2023 (a decline of 46.3%).
- Business Quant data shows CAN's Current Leases at $1.55 million (quarter ended Sep 30, 2023), $1.9 million (quarter ended Jun 30, 2023) and $2.36 million (quarter ended Mar 31, 2023) in the three quarters before the quarter ended Dec 31, 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Nvidia | 5,226.98 Bn | 5,001.14 Bn | 72.14 Bn | - |
| 2 | Taiwan Semiconductor Manufacturing | 2,200.79 Bn | 1,825.66 Bn | 27.22 Bn | - |
| 3 | Broadcom | 1,570.49 Bn | 1,496.54 Bn | 20.46 Bn | - |
| 4 | Micron Technology | 1,017.05 Bn | 922.69 Bn | 47.05 Bn | - |
| 5 | Advanced Micro Devices | 867.62 Bn | 824.37 Bn | 6.20 Bn | - |
| 6 | Asml Holding | 616.92 Bn | 572.61 Bn | 5.90 Bn | - |
| 7 | Intel | 461.96 Bn | 331.10 Bn | 6.51 Bn | - |
| 8 | Applied Materials | 307.82 Bn | 273.26 Bn | 4.59 Bn | - |
| 9 | Lam Research | 296.82 Bn | 272.87 Bn | 4.30 Bn | - |
| 10 | Canaan | 98.60 Mn | -210.84 Mn | -29.33 Mn | 1.23 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.23 Mn |
| Mar 31, 2026 | 1.40 Mn |
| Dec 31, 2025 | 1.71 Mn |
| Sep 30, 2025 | 1.67 Mn |
| Jun 30, 2025 | 1.83 Mn |
| Mar 31, 2025 | 1.42 Mn |
| Dec 31, 2024 | 1.24 Mn |
| Sep 30, 2024 | 1.41 Mn |
| Jun 30, 2024 | 1.53 Mn |
| Mar 31, 2024 | 1.61 Mn |
| Dec 31, 2023 | 1.22 Mn |
| Sep 30, 2023 | 1.55 Mn |
| Jun 30, 2023 | 1.90 Mn |
| Mar 31, 2023 | 2.36 Mn |
| Dec 31, 2022 | 2.31 Mn |
| Sep 30, 2022 | 2.62 Mn |
| Jun 30, 2022 | 2.27 Mn |
| Mar 31, 2022 | 2.32 Mn |
| Dec 31, 2021 | 2.33 Mn |
| Sep 30, 2021 | 2.10 Mn |
Canaan Current 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=current-leases&ticker=CAN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-leases", "ticker": "CAN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-leases&ticker=CAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();