Clover Health Investments (CLOV) Current Leases (2020 - 2024)
Clover Health Investments' (CLOV) quarterly Current Leases came in at $1.3 million in Q3 2024, down 19.36% YoY 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) Current Leases (2020 - 2024) Analysis & Trends
Clover Health Investments (CLOV) has 5 years of Current Leases data on file, last reported at $1.3 million in 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 fell to $1.3 million in Q3 2024, from $1.5 million in the prior quarter.
- In the past five years, Current Leases ranged from a high of $4.8 million in Q1 2021 to a low of $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 slumped 52.3% — and 2023, when it dropped 8.87%.
- Tracing CLOV's Current Leases over 5 years: 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 | 346.93 Bn | 315.46 Bn | 36.67 Bn | - |
| 2 | Cvs Health | 119.91 Bn | 105.95 Bn | 47.23 Bn | 1.91 Bn |
| 3 | Elevance Health | 86.25 Bn | 50.30 Bn | 13.45 Bn | - |
| 4 | Humana | 45.69 Bn | 21.82 Bn | 5.50 Bn | - |
| 5 | Centene | 31.66 Bn | 4.60 Bn | 14.55 Bn | - |
| 6 | Molina Healthcare | 10.12 Bn | 1.21 Bn | 1.43 Bn | - |
| 7 | Oscar Health | 9.48 Bn | 922.10 Mn | 1.09 Bn | - |
| 8 | Alignment Healthcare | 2.69 Bn | 1.99 Bn | 180.96 Mn | - |
| 9 | Clover Health Investments | 2.16 Bn | 1.92 Bn | 153.00 Mn | - |
| 10 | Progyny | 2.03 Bn | 1.79 Bn | 89.30 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 |