Clover Health Investments (CLOV) Operating Leases (2020 - 2024)
Clover Health Investments' Operating Leases came in at $2.32 million for Q3 2024, down 29.5% from $3.29 million a year earlier and down 7.9% from the prior quarter.
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Analysis
Clover Health Investments (CLOV) Operating Leases (2020 - 2024) Analysis & Trends
At the end of FY2023, Clover Health Investments' Operating Leases was $3 million, down 25.7% from FY2022.
- Operating Leases has declined in each of the last three years, with a three-year compound annual growth rate of -22.1% (FY2020 to FY2023).
- Going back by year, Operating Leases was $4.03 million in FY2022 (-16.5%), $4.83 million in FY2021 (-23.9%) and $6.35 million in FY2020.
- The Q3 2024 figure represents the lowest quarterly Operating Leases in data going back to Q4 2020.
- Year-over-year, Operating Leases has declined for ten consecutive quarters, with an average decline of 24.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Operating Leases ran from 7.0% in Q2 2022 to 30.5% in Q1 2024.
- Business Quant data shows CLOV's Operating Leases at $2.52 million (Q2 2024), $2.72 million (Q1 2024) and $3 million (Q4 2023) in the three quarters before Q3 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Unitedhealth | 341.92 Bn | 226.55 Bn | 36.67 Bn |
| 2 | Cvs Health | 112.26 Bn | 64.87 Bn | 47.23 Bn |
| 3 | Mckesson | 99.84 Bn | 86.30 Bn | 3.69 Bn |
| 4 | Elevance Health | 85.53 Bn | -56.21 Bn | 13.45 Bn |
| 5 | Cigna | 71.85 Bn | 41.39 Bn | 14.97 Bn |
| 6 | Cencora | 57.95 Bn | 47.04 Bn | 3.61 Bn |
| 7 | Cardinal Health | 51.09 Bn | 35.09 Bn | 2.56 Bn |
| 8 | Humana | 46.78 Bn | -41.02 Bn | 5.50 Bn |
| 9 | Centene | 30.87 Bn | -59.41 Bn | 14.55 Bn |
| 10 | Clover Health Investments | 2.29 Bn | 1.55 Bn | 153.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.32 Mn |
| Jun 30, 2024 | 2.52 Mn |
| Mar 31, 2024 | 2.72 Mn |
| Dec 31, 2023 | 3.00 Mn |
| Sep 30, 2023 | 3.29 Mn |
| Jun 30, 2023 | 3.61 Mn |
| Mar 31, 2023 | 3.91 Mn |
| Dec 31, 2022 | 4.03 Mn |
| Sep 30, 2022 | 4.27 Mn |
| Jun 30, 2022 | 4.59 Mn |
| Mar 31, 2022 | 4.95 Mn |
| Dec 31, 2021 | 4.83 Mn |
| Sep 30, 2021 | 4.82 Mn |
| Jun 30, 2021 | 4.94 Mn |
| Dec 31, 2020 | 6.35 Mn |
API Access
Clover Health Investments Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=CLOV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "CLOV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=CLOV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();