Chegg (CHGG) Goodwill (2013 - 2024)
Chegg (CHGG) posted quarterly Goodwill of $189.8 million for Q2 2024, down 69.86% year-over-year from $629.6 million in Q3 2023, and down 69.82% quarter-over-quarter from $628.8 million in Q1 2024.
Chegg (CHGG) Goodwill (2013 - 2024) Analysis & Trends
Chegg's Goodwill history runs 12 years deep, the most recent figure standing at $189.8 million for Q2 2024.
- In Q2 2024, Goodwill fell 69.86% year-over-year to $189.8 million; the TTM figure through Jun 2024 stood at $189.8 million (down 69.86% YoY), while the FY2023 annual figure was $632.0 million, up 2.75% from the prior year.
- Goodwill for Q2 2024 stood at $189.8 million, down from $628.8 million in the prior quarter.
- The five-year high for Goodwill was $641.3 million in Q1 2022, with the low at $189.8 million in Q2 2024.
- The 5-year median for Goodwill is $440.2 million (2021), against an average of $445.2 million.
- The sharpest annual moves came in 2022 and 2024: Goodwill soared 120.68% in 2022, then tumbled 69.86% in 2024.
- Chegg's Goodwill stood at $285.2 million in 2020, then climbed by 1.59% to $289.8 million in 2021, then soared by 112.27% to $615.1 million in 2022, then gained by 2.75% to $632.0 million in 2023, then slumped by 69.97% to $189.8 million in 2024.
- Business Quant data shows CHGG's Goodwill at $189.8 million in Q2 2024, $628.8 million in Q1 2024, and $632.0 million in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 83.03 Bn | 81.37 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.18 Bn | 5.02 Bn | 237.67 Mn |
| 3 | Graham Holdings | 5.08 Bn | 3.87 Bn | 777.03 Mn |
| 4 | Covista | 4.49 Bn | 4.49 Bn | 284.63 Mn |
| 5 | Youdao | 4.31 Bn | 4.24 Bn | 87.31 Mn |
| 6 | Grand Canyon Education | 3.78 Bn | 3.51 Bn | 204.08 Mn |
| 7 | Stride | 3.46 Bn | 2.50 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.51 Bn | 2.31 Bn | 439.20 Mn |
| 9 | TAL Education | 2.15 Bn | -1,233.58 Bn | 227.32 Mn |
| 10 | Chegg | 87.62 Mn | 15.31 Mn | 28.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 189.77 Mn |
| Mar 31, 2024 | 628.78 Mn |
| Dec 31, 2023 | 632.00 Mn |
| Sep 30, 2023 | 617.69 Mn |
| Jun 30, 2023 | 629.56 Mn |
| Mar 31, 2023 | 622.68 Mn |
| Dec 31, 2022 | 615.09 Mn |
| Sep 30, 2022 | 589.70 Mn |
| Jun 30, 2022 | 616.65 Mn |
| Mar 31, 2022 | 641.28 Mn |
| Dec 31, 2021 | 289.76 Mn |
| Sep 30, 2021 | 290.50 Mn |
| Jun 30, 2021 | 290.73 Mn |
| Mar 31, 2021 | 290.60 Mn |
| Dec 31, 2020 | 285.21 Mn |
| Sep 30, 2020 | 284.81 Mn |
| Jun 30, 2020 | 284.68 Mn |
| Mar 31, 2020 | 214.32 Mn |
| Dec 31, 2019 | 214.51 Mn |
| Sep 30, 2019 | 149.07 Mn |