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

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

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

Alignment Healthcare has reported Debt Ratio for 7 years, with the latest figure at 0.26 in Q1 2026.

  • For the quarter ending Q1 2026, Debt Ratio fell 28.62% year-over-year to 0.26; the trailing twelve-month figure through Mar 2026 stood at 0.26 (down 28.62% YoY), and the FY2025 full-year result was 0.3, down 26.22% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.26, down from 0.3 in the prior quarter.
  • The five-year high for Debt Ratio was 0.41 in Q4 2024, with the low at 0.21 in Q2 2023.
  • Historically, Debt Ratio has averaged 0.27 across 5 years, with a median of 0.26 in 2026.
  • Annual changes were most pronounced in 2024 — Debt Ratio soared 50.34% — and 2026, when it decreased 28.62%.
  • Alignment Healthcare's Debt Ratio stood at 0.25 in 2022, then rose by 7.7% to 0.27 in 2023, then soared by 50.34% to 0.41 in 2024, then slipped by 26.22% to 0.3 in 2025, then fell by 15.41% to 0.26 in 2026.
  • The last three Debt Ratio figures came in at 0.26 (Q1 2026), 0.3 (Q4 2025), and 0.29 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Unitedhealth 370.74 Bn 340.93 Bn 98.90 Bn 0.25
2 Cvs Health 129.62 Bn 118.00 Bn 4.43 Bn 0.25
3 Elevance Health 88.73 Bn 53.31 Bn 13.88 Bn 0.25
4 Cigna 78.23 Bn 70.61 Bn -44.29 Bn 0.20
5 Humana 45.63 Bn 23.73 Bn 4.00 Bn 0.25
6 Centene 32.06 Bn 8.39 Bn 49.24 Bn 0.20
7 Molina Healthcare 10.16 Bn 905.08 Mn 1.53 Bn 0.23
8 Oscar Health 8.44 Bn 1.64 Bn -3.22 Bn 0.05
9 Alignment Healthcare 4.05 Bn 3.33 Bn 135.85 Mn 0.26
10 Clover Health Investments 2.46 Bn 2.27 Bn 154.54 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