Financial Snapshot

Revenue
$2.612B
TTM
Gross Margin
33.35%
TTM
Net Earnings
-$248.0M
TTM
Current Assets
Q3 2024
Current Liabilities
Q3 2024
Current Ratio
129.7%
Q3 2024
Total Assets
Q3 2024
Total Liabilities
Q3 2024
Book Value
$4.326B
Q3 2024
Cash
Q3 2024
P/E
-16.49
Nov 29, 2024 EST
Free Cash Flow
$141.0M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.410B $3.132B $2.915B $2.728B $2.552B $2.378B
YoY Change 8.88% 7.44% 6.85% 6.9% 7.32%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018
Revenue $3.410B $3.132B $2.915B $2.728B $2.552B $2.378B
Cost Of Revenue $2.270B $2.136B $1.948B $1.894B $1.669B $1.527B
Gross Profit $1.140B $996.0M $967.0M $834.0M $883.0M $851.0M
Gross Profit Margin 33.43% 31.8% 33.17% 30.57% 34.6% 35.79%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018
Selling, General & Admin $754.0M $671.0M $465.0M $333.0M $334.0M $322.0M
YoY Change 12.37% 44.3% 39.64% -0.3% 3.73%
% of Gross Profit 66.14% 67.37% 48.09% 39.93% 37.83% 37.84%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $102.0M $79.00M $333.0M $91.00M $68.00M $229.0M
YoY Change 29.11% -76.28% 265.93% 33.82% -70.31%
% of Gross Profit 8.95% 7.93% 34.44% 10.91% 7.7% 26.91%
Operating Expenses $1.241B $1.010B $739.0M $559.0M $537.0M $517.0M
YoY Change 22.87% 36.67% 32.2% 4.1% 3.87%
Operating Profit -$101.0M -$14.00M $228.0M $147.0M $265.0M $334.0M
YoY Change 621.43% -106.14% 55.1% -44.53% -20.66%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018
Interest Expense $131.0M $122.0M -$245.0M $234.0M $224.0M -$208.0M
YoY Change 7.38% -149.8% -204.7% 4.46% -207.69%
% of Operating Profit -107.46% 159.18% 84.53% -62.28%
Other Income/Expense, Net -$265.0M -$27.00M $25.00M -$7.000M -$3.000M $0.00
YoY Change 881.48% -208.0% -457.14% 133.33%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018
Pretax Income -$366.0M -$41.00M -$53.00M -$94.00M $38.00M -$4.000M
YoY Change 792.68% -22.64% -43.62% -347.37% -1050.0%
Income Tax -$4.000M $31.00M $20.00M $9.000M $16.00M $17.00M
% Of Pretax Income 42.11%
Net Earnings -$345.0M -$62.00M -$60.00M -$103.0M $22.00M -$21.00M
YoY Change 456.45% 3.33% -41.75% -568.18% -204.76%
Net Earnings / Revenue -10.12% -1.98% -2.06% -3.78% 0.86% -0.88%
Basic Earnings Per Share -$0.70 -$0.14 -$0.08
Diluted Earnings Per Share -$0.70 -$0.14 -$136.4K -$220.9K $47.17K -$45.03K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018
Cash & Short-Term Investments $358.0M $250.0M $372.0M $506.0M $218.0M
YoY Change 43.2% -32.8% -26.48% 132.11%
Cash & Equivalents $358.0M $250.0M $372.0M $506.0M $218.0M
Short-Term Investments
Other Short-Term Assets $1.720B $1.739B $1.434B $1.161B $892.0M
YoY Change -1.09% 21.27% 23.51% 30.16%
Inventory
Prepaid Expenses
Receivables $698.0M $827.0M $663.0M $564.0M $665.0M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $2.776B $2.816B $2.469B $2.231B $1.775B
YoY Change -1.42% 14.05% 10.67% 25.69%
Property, Plant & Equipment $371.0M $406.0M $356.0M $463.0M $418.0M
YoY Change -8.62% 14.04% -23.11% 10.77%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $538.0M $434.0M $321.0M $259.0M $247.0M
YoY Change 23.96% 35.2% 23.94% 4.86%
Total Long-Term Assets $8.090B $8.419B $8.519B $4.725B $4.811B
YoY Change -3.91% -1.17% 80.3% -1.79%
Total Assets $10.87B $11.24B $10.99B $6.956B $6.586B
YoY Change
Accounts Payable $444.0M $508.0M $406.0M $394.0M $405.0M
YoY Change -12.6% 25.12% 3.05% -2.72%
Accrued Expenses $35.00M $34.00M $44.00M $41.00M $32.00M
YoY Change 2.94% -22.73% 7.32% 28.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $25.00M $56.00M $65.00M $65.00M $53.00M
YoY Change -55.36% -13.85% 0.0% 22.64%
Total Short-Term Liabilities $2.187B $2.348B $2.125B $1.785B $1.545B
YoY Change -6.86% 10.49% 19.05% 15.53%
Long-Term Debt $2.769B $2.810B $2.864B $4.100B $3.817B
YoY Change -1.46% -1.89% -30.15% 7.41%
Other Long-Term Liabilities $1.052B $928.0M $1.035B $388.0M $407.0M
YoY Change 13.36% -10.34% 166.75% -4.67%
Total Long-Term Liabilities $3.821B $3.738B $3.899B $4.488B $4.224B
YoY Change 2.22% -4.13% -13.12% 6.25%
Total Liabilities $6.325B $6.796B $6.848B $6.273B $5.781B
YoY Change -6.93% -0.76% 9.17% 8.51%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018
Basic Shares Outstanding 489.5M 458.6M 439.8M
Diluted Shares Outstanding 458.6M
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Free Cash Flow Margin

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Dividends

Dividends

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Stock Price

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Market Cap: $4.089 Billion

About Alight, Inc. / Delaware

Alight, Inc. engages in the provision of cloud-based integrated digital human capital and business solutions. The company is headquartered in Lincolnshire, Illinois and currently employs 18,000 full-time employees. The company went IPO on 2020-07-17. The firm operates through the Employer Solutions segment. Through the administration of employee benefits, it powers health, wealth, leaves and wellbeing decisions for about 35 million people and dependents. Its Alight Worklife platform empowers employers to gain a deeper understanding of their workforce and engage them throughout life’s important moments with personalized benefits management and data-driven insights. The Alight Worklife employee engagement platform provides a seamless customer experience by combining content, plus artificial intelligence (AI) and data analytics to enable its business process as a service (BPaaS) model. The company leverages data across all interactions and activities to improve the employee experience, reduce operational costs and inform management processes and decision-making.

Industry: Services-Business Services, NEC Peers: INSPERITY, INC. ASGN Inc FIRST ADVANTAGE CORP ROBERT HALF INC. KORN FERRY ManpowerGroup Inc. Sterling Check Corp. TRINET GROUP, INC. UPWORK, INC