Clear Secure Inc
NYSE:YOU

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Clear Secure Inc
NYSE:YOU
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Price: 26.66 USD 4.1% Market Closed
Market Cap: 3.7B USD
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Clear Secure Inc
Cash Equivalents

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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Clear Secure Inc
Cash Equivalents Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Cash Equivalents CAGR 3Y CAGR 5Y CAGR 10Y
Clear Secure Inc
NYSE:YOU
Cash Equivalents
$32.9m
CAGR 3-Years
-54%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Salesforce Inc
NYSE:CRM
Cash Equivalents
$8B
CAGR 3-Years
19%
CAGR 5-Years
16%
CAGR 10-Years
25%
Palantir Technologies Inc
NYSE:PLTR
Cash Equivalents
$831m
CAGR 3-Years
-26%
CAGR 5-Years
-6%
CAGR 10-Years
N/A
Applovin Corp
NASDAQ:APP
Cash Equivalents
$502.2m
CAGR 3-Years
17%
CAGR 5-Years
13%
CAGR 10-Years
N/A
Intuit Inc
NASDAQ:INTU
Cash Equivalents
$2.9B
CAGR 3-Years
0%
CAGR 5-Years
12%
CAGR 10-Years
18%
Adobe Inc
NASDAQ:ADBE
Cash Equivalents
$7.6B
CAGR 3-Years
35%
CAGR 5-Years
28%
CAGR 10-Years
26%
No Stocks Found

Clear Secure Inc
Glance View

Market Cap
3.7B USD
Industry
Technology

In the bustling and often fraught environment of modern air travel, Clear Secure Inc. has emerged as a beacon of efficiency and convenience. Founded in 2010, the company has swiftly positioned itself as a vital cog in the machinery of transporting millions worldwide with greater ease and security. Central to its offering is the use of biometric technology to expedite the identification process, reducing the time travelers spend in security lines. This innovation allows members to bypass traditional screening queues by scanning their unique biometric data, such as fingerprints or irises, facilitating a seamless transition through airport checkpoints. Instead of being just another tech firm, Clear has woven itself into the infrastructure of airports across the United States, striking partnerships with an array of airlines and airport authorities to expand its reach. Clear Secure Inc. operates on a subscription-based model, drawing in revenue by offering annual memberships to frequent travelers. Members pay a fee for the privilege of speedier passage through airport security and have increasingly seen the value in Clear's proposition. The company's business model thrives on the growing consumer demand for convenience and time savings in all facets of travel. Furthermore, beyond merely aviation, Clear has diversified its applications to include enrollment in sports arenas and event spaces, leveraging its cutting-edge technology to streamline entry processes there as well. By continually expanding its services and improving its technological capabilities, Clear Secure Inc. has crafted a robust and recurring revenue stream, cementing its role as a powerhouse in identity assurance and access facilitation.

YOU Intrinsic Value
24.26 USD
Overvaluation 9%
Intrinsic Value
Price

See Also

What is Clear Secure Inc's Cash Equivalents?
Cash Equivalents
32.9m USD

Based on the financial report for Sep 30, 2024, Clear Secure Inc's Cash Equivalents amounts to 32.9m USD.

What is Clear Secure Inc's Cash Equivalents growth rate?
Cash Equivalents CAGR 3Y
-54%

Over the last year, the Cash Equivalents growth was -48%. The average annual Cash Equivalents growth rates for Clear Secure Inc have been -54% over the past three years .

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