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
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