Clover Health Investments (CLOV) Current Leases (2020 - 2024)

Clover Health Investments (CLOV) posted Current Leases of $1.3 million for Q3 2024, down 9.79% on a QoQ basis from $1.5 million in Q2 2024, and down 19.36% year-over-year from $1.7 million in Q4 2023.

Clover Health Investments (CLOV) Current Leases (2020 - 2024) Analysis & Trends

Clover Health Investments' Current Leases history runs 5 years deep, the most recent figure standing at $1.3 million for Q3 2024.

  • Quarterly Current Leases fell 19.36% year-over-year to $1.3 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $1.3 million (down 19.36% YoY) and the FY2023 annual result came in at $1.7 million, down 8.87% from the prior year.
  • Current Leases was $1.3 million for Q3 2024 at Clover Health Investments, down from $1.5 million in the prior quarter.
  • Across five years, Current Leases topped out at $4.8 million in Q1 2021 and bottomed at $1.3 million in Q3 2024.
  • A 5-year average of $2.5 million and a median of $1.9 million in 2022 frame the typical range for Current Leases.
  • Annual changes were most pronounced in 2022 — Current Leases sank 52.3% — and 2023, when it retreated 8.87%.
  • Clover Health Investments' Current Leases stood at $4.8 million in 2020, then slumped by 36.2% to $3.1 million in 2021, then tumbled by 40.27% to $1.8 million in 2022, then slipped by 8.87% to $1.7 million in 2023, then fell by 19.22% to $1.3 million in 2024.
  • Business Quant data shows CLOV's Current Leases at $1.3 million in Q3 2024, $1.5 million in Q2 2024, and $1.6 million in Q1 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Leases (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn -
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 1.90 Bn
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn -
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn -
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn -
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn -
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn -
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn -
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn -
10 Clover Health Investments 2.38 Bn 2.18 Bn 154.54 Mn -

Historic Data

Download Data
DateValue
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