Gen Digital (GEN) Operating Leases (2019 - 2023)
Gen Digital (GEN) reported Operating Leases of $28 million for fiscal Q3 2024 (quarter ended Dec 29, 2023), down 26.3% from $38 million a year earlier and down 9.7% from the prior quarter.
Gen Digital (GEN) Operating Leases (2019 - 2023) Analysis & Trends
At the end of FY2023 (ended Mar 31, 2023), Gen Digital posted Operating Leases of $31 million, down 58.7% from FY2022.
- Operating Leases has a three-year compound annual growth rate of -24.8% (FY2020 to FY2023).
- By fiscal year, Operating Leases came in at $75 million in FY2022 (+13.6%), $66 million in FY2021 (-9.6%) and $73 million in FY2020.
- Five-year quarterly Operating Leases spans a low of $27 million in fiscal Q1 2024 and a high of $163 million in fiscal Q1 2020.
- Year over year, Operating Leases has now declined in each of the last six quarters, with an average decline of 31.0% over the last eight quarters.
- The high point for year-over-year Operating Leases in five years was fiscal Q1 2023 (growth of 15.0%); the low point was fiscal Q1 2021 (a decline of 62.6%).
- Per Business Quant data, the three fiscal quarters before Q3 2024 came in at $31 million (Q2 2024), $27 million (Q1 2024) and $31 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn |
| 10 | Gen Digital | 12.49 Bn | 10.19 Bn | 1.03 Bn |
Historic Data
| Date | Value |
|---|---|
| Dec 29, 2023 | 28.00 Mn |
| Sep 29, 2023 | 31.00 Mn |
| Jun 30, 2023 | 27.00 Mn |
| Mar 31, 2023 | 31.00 Mn |
| Dec 30, 2022 | 38.00 Mn |
| Sep 30, 2022 | 41.00 Mn |
| Jul 1, 2022 | 69.00 Mn |
| Apr 1, 2022 | 75.00 Mn |
| Dec 31, 2021 | 81.00 Mn |
| Oct 1, 2021 | 88.00 Mn |
| Jul 2, 2021 | 60.00 Mn |
| Apr 2, 2021 | 66.00 Mn |
| Jan 1, 2021 | 73.00 Mn |
| Oct 2, 2020 | 81.00 Mn |
| Jul 3, 2020 | 61.00 Mn |
| Apr 3, 2020 | 73.00 Mn |
| Jan 3, 2020 | 92.00 Mn |
| Oct 4, 2019 | 137.00 Mn |
| Jul 5, 2019 | 163.00 Mn |
Gen Digital 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=GEN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "GEN", "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=GEN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();