Chegg (CHGG) Goodwill (2016 - 2024)
Quarterly Goodwill fell 69.86% to $189.8 million in Q2 2024 from the year-ago period, while the trailing twelve-month figure was $189.8 million through Jun 2024, down 69.86% year-over-year, with the annual reading at $632.0 million for FY2023, 2.75% up from the prior year.
Chegg's Goodwill history spans 12 years, with the latest figure at $189.8 million for Q2 2024.
- Goodwill came in at $189.8 million for Q2 2024, down from $628.8 million in the prior quarter.
- In the past five years, Goodwill ranged from a high of $641.3 million in Q1 2022 to a low of $189.8 million in Q2 2024.
- The 5-year median for Goodwill is $440.2 million (2021), against an average of $445.2 million.
- Year-over-year, Goodwill soared 120.68% in 2022 and then tumbled 69.86% in 2024.
- Chegg's Goodwill stood at $285.2 million in 2020, then rose by 1.59% to $289.8 million in 2021, then soared by 112.27% to $615.1 million in 2022, then grew by 2.75% to $632.0 million in 2023, then tumbled by 69.97% to $189.8 million in 2024.
- Per Business Quant, the three most recent readings for CHGG's Goodwill are $189.8 million (Q2 2024), $628.8 million (Q1 2024), and $632.0 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | 51Talk Online Education | 9.59 Bn | 9.55 Bn | 22.18 Mn |
| 2 | Graham Holdings | 4.73 Bn | 3.72 Bn | 841.00 Mn |
| 3 | Laureate Education | 4.69 Bn | 4.53 Bn | -16.39 Mn |
| 4 | Grand Canyon Education | 4.19 Bn | 3.94 Bn | 244.77 Mn |
| 5 | Stride | 3.77 Bn | 2.96 Bn | 231.57 Mn |
| 6 | Perdoceo Education | 2.11 Bn | 1.43 Bn | 174.68 Mn |
| 7 | Universal Technical Institute | 2.01 Bn | 1.84 Bn | 103.97 Mn |
| 8 | Strategic Education | 1.71 Bn | 1.55 Bn | - |
| 9 | Lincoln Educational Services | 1.46 Bn | 1.44 Bn | 120.06 Mn |
| 10 | Chegg | 159.77 Mn | 93.85 Mn | 37.89 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 |
| Jun 30, 2019 | 149.47 Mn |
| Mar 31, 2019 | 149.48 Mn |
| Dec 31, 2018 | 149.52 Mn |
| Sep 30, 2018 | 149.76 Mn |
| Jun 30, 2018 | 135.84 Mn |
| Mar 31, 2018 | 125.53 Mn |
| Dec 31, 2017 | 125.27 Mn |
| Sep 30, 2017 | 116.24 Mn |
| Jun 30, 2017 | 116.24 Mn |
| Mar 31, 2017 | 116.24 Mn |
| Dec 31, 2016 | 116.24 Mn |
| Sep 30, 2016 | 114.98 Mn |
| Jun 30, 2016 | 114.98 Mn |