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| Date | Value |
|---|---|
| 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 |