Alignment Healthcare (ALHC) Debt Ratio (2020 - 2026)

Alignment Healthcare (ALHC) posted Debt Ratio of 0.26 for Q1 2026, down 15.41% on a QoQ basis from 0.3 in Q4 2025, and down 28.62% year-over-year from 0.36 in Q1 2025.

Alignment Healthcare (ALHC) Debt Ratio (2020 - 2026) Analysis & Trends

Alignment Healthcare's Debt Ratio history runs 7 years deep, the most recent figure standing at 0.26 for Q1 2026.

  • Quarterly Debt Ratio fell 28.62% year-over-year to 0.26 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.26 (down 28.62% YoY) and the FY2025 annual result came in at 0.3, down 26.22% from the prior year.
  • Debt Ratio was 0.26 for Q1 2026 at Alignment Healthcare, down from 0.3 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.41 in Q4 2024 and bottomed at 0.21 in Q2 2023.
  • A 5-year average of 0.27 and a median of 0.26 in 2026 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio soared 50.34% — and 2026, when it declined 28.62%.
  • Alignment Healthcare's Debt Ratio stood at 0.25 in 2022, then advanced by 7.7% to 0.27 in 2023, then surged by 50.34% to 0.41 in 2024, then declined by 26.22% to 0.3 in 2025, then decreased by 15.41% to 0.26 in 2026.
  • Business Quant data shows ALHC's Debt Ratio at 0.26 in Q1 2026, 0.3 in Q4 2025, and 0.29 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Unitedhealth 384.70 Bn 354.90 Bn 38.23 Bn 0.25
2 Cvs Health 136.05 Bn 124.42 Bn 22.85 Bn 0.25
3 Elevance Health 82.25 Bn 46.44 Bn 35.79 Bn 0.25
4 Cigna 75.16 Bn 67.54 Bn -44.29 Bn 0.20
5 Humana 47.47 Bn 25.57 Bn 5.94 Bn 0.25
6 Centene 31.35 Bn 7.64 Bn 43.95 Bn 0.20
7 Molina Healthcare 10.44 Bn 1.19 Bn 1.43 Bn 0.24
8 Oscar Health 8.62 Bn 1.83 Bn 1.42 Bn 0.05
9 Alignment Healthcare 4.13 Bn 3.41 Bn 144.48 Mn 0.26
10 Progyny 2.48 Bn 2.26 Bn 83.07 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 0.26
Dec 31, 2025 0.30
Sep 30, 2025 0.29
Jun 30, 2025 0.32
Mar 31, 2025 0.36
Dec 31, 2024 0.41
Sep 30, 2024 0.31
Jun 30, 2024 0.30
Mar 31, 2024 0.26
Dec 31, 2023 0.27
Sep 30, 2023 0.21
Jun 30, 2023 0.21
Mar 31, 2023 0.21
Dec 31, 2022 0.25
Sep 30, 2022 0.21
Jun 30, 2022 0.23
Mar 31, 2022 0.24
Dec 31, 2021 0.24
Sep 30, 2021 0.23
Jun 30, 2021 0.22