Clover Health Investments (CLOV) Current Leases (2020 - 2024)
Clover Health Investments (CLOV) reported Current Leases of $1.3 million for Q3 2024, down 19.36% on a YoY basis from $1.7 million in Q4 2023, and down 9.79% quarter-over-quarter from $1.5 million in Q2 2024.
Clover Health Investments (CLOV) Current Leases (2020 - 2024) Analysis & Trends
Clover Health Investments has reported Current Leases for 5 years, with the latest figure at $1.3 million in Q3 2024.
- For the quarter ending Q3 2024, Current Leases fell 19.36% year-over-year to $1.3 million; the trailing twelve-month figure through Sep 2024 stood at $1.3 million (down 19.36% YoY), and the FY2023 full-year result was $1.7 million, down 8.87% from the prior year.
- Current Leases for Q3 2024 stood at $1.3 million, down from $1.5 million in the prior quarter.
- The five-year high for Current Leases was $4.8 million in Q1 2021, with the low at $1.3 million in Q3 2024.
- Historically, Current Leases has averaged $2.5 million across 5 years, with a median of $1.9 million in 2022.
- Annual changes were most pronounced in 2022 — Current Leases slumped 52.3% — and 2023, when it dropped 8.87%.
- Clover Health Investments' Current Leases stood at $4.8 million in 2020, then plunged by 36.2% to $3.1 million in 2021, then sank by 40.27% to $1.8 million in 2022, then retreated by 8.87% to $1.7 million in 2023, then dropped by 19.22% to $1.3 million in 2024.
- The last three Current Leases figures came in at $1.3 million (Q3 2024), $1.5 million (Q2 2024), and $1.6 million (Q1 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Leases (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | - |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 1.90 Bn |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | - |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | - |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | - |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | - |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | - |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | - |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | - |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2024 | 1.35 Mn |
| Jun 30, 2024 | 1.49 Mn |
| Mar 31, 2024 | 1.62 Mn |
| Dec 31, 2023 | 1.67 Mn |
| Sep 30, 2023 | 1.67 Mn |
| Jun 30, 2023 | 1.75 Mn |
| Mar 31, 2023 | 1.86 Mn |
| Dec 31, 2022 | 1.83 Mn |
| Sep 30, 2022 | 2.00 Mn |
| Jun 30, 2022 | 2.07 Mn |
| Mar 31, 2022 | 2.41 Mn |
| Dec 31, 2021 | 3.06 Mn |
| Sep 30, 2021 | 3.73 Mn |
| Jun 30, 2021 | 4.35 Mn |
| Mar 31, 2021 | 4.84 Mn |
| Dec 31, 2020 | 4.80 Mn |