Gen Digital (GEN) Operating Leases (2019 - 2023)

Gen Digital (GEN) has reported Operating Leases for 5 consecutive years, with $44.0 million the latest figure, recorded in Q4 2023.

• For the quarter ending Q4 2023, Operating Leases fell 31.25% year-over-year to $44.0 million; the trailing twelve-month figure through Dec 2023 stood at $44.0 million (down 31.25% YoY), and the FY2023 full-year result was $31.0 million, down 58.67% from the prior year.
• Operating Leases eased to $44.0 million in Q4 2023 per GEN's latest filing, from $50.0 million in the prior quarter.
• Across five years, Operating Leases topped out at $208.0 million in Q3 2019 and bottomed at $31.0 million in Q1 2023.
• Historically, Operating Leases has averaged $89.4 million across 5 years, with a median of $84.0 million in 2021.
• The sharpest annual moves came in 2022 and 2023: Operating Leases climbed 13.64% in 2022, then plunged 58.67% in 2023.
• Over 5 years, Operating Leases stood at $173.0 million in 2019, then plunged by 36.99% to $109.0 million in 2020, then dropped by 7.34% to $101.0 million in 2021, then tumbled by 36.63% to $64.0 million in 2022, then slumped by 31.25% to $44.0 million in 2023.
• According to Business Quant data, Operating Leases over the past three periods registered $44.0 million, $50.0 million, and $51.0 million for Q4 2023, Q3 2023, and Q2 2023 respectively.