Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024)
Chegg (CHGG) posted quarterly Long-Term Deferred Tax of $964000.0 for Q4 2024, down 99.32% year-over-year from $141.8 million in Q1 2024, and down 58.23% quarter-over-quarter from $2.3 million in Q3 2024.
Chegg (CHGG) Long-Term Deferred Tax (2021 - 2024) Analysis & Trends
Chegg's Long-Term Deferred Tax history runs 4 years deep, the most recent figure standing at $964000.0 for Q4 2024.
- In Q4 2024, Long-Term Deferred Tax fell 99.32% year-over-year to $964000.0; the TTM figure through Dec 2024 stood at $964000.0 (down 99.32% YoY), while the FY2024 annual figure was $964000.0, down 99.32% from the prior year.
- Long-Term Deferred Tax for Q4 2024 stood at $964000.0, down from $2.3 million in the prior quarter.
- The five-year high for Long-Term Deferred Tax was $167.5 million in Q4 2022, with the low at $964000.0 in Q4 2024.
- The 4-year median for Long-Term Deferred Tax is $141.8 million (2023), against an average of $98.2 million.
- The sharpest annual moves came in 2022 and 2024: Long-Term Deferred Tax jumped 12172.82% in 2022, then tumbled 99.32% in 2024.
- Chegg's Long-Term Deferred Tax stood at $1.4 million in 2021, then surged by 12172.82% to $167.5 million in 2022, then fell by 15.33% to $141.8 million in 2023, then sank by 99.32% to $964000.0 in 2024.
- Business Quant data shows CHGG's Long-Term Deferred Tax at $964000.0 in Q4 2024, $2.3 million in Q3 2024, and $2.3 million in Q2 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 82.68 Bn | 81.02 Bn | 812.22 Mn |
| 2 | Laureate Education | 5.15 Bn | 4.99 Bn | 237.67 Mn |
| 3 | Graham Holdings | 5.00 Bn | 3.79 Bn | 777.03 Mn |
| 4 | Covista | 4.48 Bn | 4.48 Bn | 284.63 Mn |
| 5 | Youdao | 4.15 Bn | 4.08 Bn | 87.31 Mn |
| 6 | Grand Canyon Education | 3.81 Bn | 3.54 Bn | 204.08 Mn |
| 7 | Stride | 3.47 Bn | 2.51 Bn | 217.28 Mn |
| 8 | McGraw Hill | 2.59 Bn | 2.34 Bn | 388.89 Mn |
| 9 | TAL Education | 2.14 Bn | -1,233.59 Bn | 227.32 Mn |
| 10 | Chegg | 87.62 Mn | 15.31 Mn | 28.28 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 964,000.00 |
| Sep 30, 2024 | 2.31 Mn |
| Jun 30, 2024 | 2.29 Mn |
| Mar 31, 2024 | 140.20 Mn |
| Dec 31, 2023 | 141.84 Mn |
| Sep 30, 2023 | 145.81 Mn |
| Jun 30, 2023 | 146.79 Mn |
| Mar 31, 2023 | 163.78 Mn |
| Dec 31, 2022 | 167.52 Mn |
| Sep 30, 2022 | 166.97 Mn |
| Dec 31, 2021 | 1.37 Mn |