KPIs & Operating Metrics(New)
Growth Metrics

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

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

Clover Health Investments (CLOV) has 5 years of Current Leases data on file, last reported 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.
  • Across five years, Current Leases topped out at $4.8 million in Q1 2021 and bottomed at $1.3 million in Q3 2024.
  • The 5-year median for Current Leases is $1.9 million (2022), against an average of $2.5 million.
  • The widest annual swing landed in 2022, when Current Leases plunged 52.3%; it then dropped 8.87% in 2023.
  • A 5-year view of Current Leases shows it stood at $4.8 million in 2020, then tumbled by 36.2% to $3.1 million in 2021, then plunged by 40.27% to $1.8 million in 2022, then decreased by 8.87% to $1.7 million in 2023, then declined 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 345.31 Bn 315.51 Bn 98.90 Bn -
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 1.90 Bn
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn -
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn -
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn -
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn -
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn -
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn -
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn -
10 Clover Health Investments 2.05 Bn 1.85 Bn 154.54 Mn -

Historic Data

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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