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| 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 |