Chegg (CHGG) Acquisitions (2014 - 2022)
Chegg (CHGG) posted quarterly Acquisitions of $401.1 million for Q1 2022, up 4983.32% year-over-year from $7.9 million in Q1 2021, and up 4983.32% quarter-over-quarter from $7.9 million in Q1 2021.
Chegg (CHGG) Acquisitions (2014 - 2022) Analysis & Trends
Chegg's Acquisitions history runs 8 years deep, the most recent figure standing at $401.1 million for Q1 2022.
- In Q1 2022, Acquisitions rose 4983.32% year-over-year to $401.1 million; the TTM figure through Dec 2022 stood at $401.1 million (up 4983.32% YoY), while the FY2022 annual figure was $401.1 million, up 4983.32% from the prior year.
- Acquisitions for Q1 2022 stood at $401.1 million, up from $7.9 million in the prior quarter.
- The five-year high for Acquisitions was $401.1 million in Q1 2022, with the low at $7.9 million in Q1 2021.
- The 5-year median for Acquisitions is $49.7 million (2018), against an average of $102.6 million.
- The sharpest annual moves came in 2018 and 2022: Acquisitions surged 7779.79% in 2018, then surged 4983.32% in 2022.
- Chegg's Acquisitions stood at $20.2 million in 2018, then jumped by 291.59% to $79.1 million in 2019, then gained by 17.24% to $92.8 million in 2020, then sank by 91.5% to $7.9 million in 2021, then soared by 4983.32% to $401.1 million in 2022.
- Business Quant data shows CHGG's Acquisitions at $401.1 million in Q1 2022, $7.9 million in Q1 2021, and $92.8 million in Q2 2020.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.87 Bn | 82.87 Bn | 812.22 Mn | - |
| 2 | 51Talk Online Education | 7.20 Bn | 7.16 Bn | 22.97 Mn | - |
| 3 | Laureate Education | 5.22 Bn | 5.06 Bn | 237.67 Mn | - |
| 4 | Graham Holdings | 5.05 Bn | 3.81 Bn | 777.03 Mn | 75,000.00 |
| 5 | Covista | 4.62 Bn | 4.62 Bn | 284.63 Mn | - |
| 6 | Grand Canyon Education | 3.76 Bn | 3.49 Bn | 204.08 Mn | - |
| 7 | Stride | 3.56 Bn | 2.60 Bn | 217.28 Mn | - |
| 8 | McGraw Hill | 2.32 Bn | 2.07 Bn | 388.89 Mn | - |
| 9 | TAL Education | 2.31 Bn | -376.25 Mn | 227.32 Mn | - |
| 10 | Chegg | 89.54 Mn | 17.22 Mn | 28.28 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2022 | 401.13 Mn |
| Mar 31, 2021 | 7.89 Mn |
| Jun 30, 2020 | 92.80 Mn |
| Dec 31, 2019 | 79.15 Mn |
| Sep 30, 2018 | 20.21 Mn |
| Jun 30, 2018 | 14.44 Mn |
| Dec 31, 2017 | 14.93 Mn |
| Jun 30, 2017 | -188,000.00 |
| Mar 31, 2017 | 188,000.00 |
| Dec 31, 2016 | 1.19 Mn |
| Sep 30, 2016 | 700,000.00 |
| Jun 30, 2016 | 25.16 Mn |
| Dec 31, 2014 | 10.00 Mn |
| Jun 30, 2014 | 43.37 Mn |
| Mar 31, 2014 | 500,000.00 |