Alignment Healthcare (ALHC) Debt to Equity (2020 - 2026)
Alignment Healthcare (ALHC) reported Debt to Equity of $1.56 for Q1 2026, down 47.03% on a YoY basis from $2.95 in Q1 2025, and down 13.23% quarter-over-quarter from $1.8 in Q4 2025.
Alignment Healthcare (ALHC) Debt to Equity (2020 - 2026) Analysis & Trends
Alignment Healthcare has reported Debt to Equity for 7 years, with the latest figure at $1.56 in Q1 2026.
- For the quarter ending Q1 2026, Debt to Equity fell 47.03% year-over-year to $1.56; the trailing twelve-month figure through Mar 2026 stood at $1.56 (down 47.03% YoY), and the FY2025 full-year result was $1.8, down 44.0% from the prior year.
- Debt to Equity for Q1 2026 stood at $1.56, down from $1.8 in the prior quarter.
- The five-year high for Debt to Equity was $3.22 in Q4 2024, with the low at $0.52 in Q1 2022.
- Historically, Debt to Equity has averaged $1.43 across 5 years, with a median of $1.23 in 2024.
- Annual changes were most pronounced in 2024 — Debt to Equity surged 214.46% — and 2026, when it slumped 47.03%.
- Alignment Healthcare's Debt to Equity stood at $0.67 in 2022, then surged by 52.25% to $1.02 in 2023, then surged by 214.46% to $3.22 in 2024, then tumbled by 44.0% to $1.8 in 2025, then retreated by 13.23% to $1.56 in 2026.
- The last three Debt to Equity figures came in at $1.56 (Q1 2026), $1.8 (Q4 2025), and $1.99 (Q3 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 363.95 Bn | 334.15 Bn | 98.90 Bn | 0.75 |
| 2 | Cvs Health | 124.98 Bn | 113.36 Bn | 4.43 Bn | 0.81 |
| 3 | Elevance Health | 85.46 Bn | 50.04 Bn | 13.88 Bn | 0.72 |
| 4 | Cigna | 73.39 Bn | 65.77 Bn | -44.29 Bn | 0.73 |
| 5 | Humana | 43.40 Bn | 21.50 Bn | 4.00 Bn | 0.75 |
| 6 | Centene | 30.02 Bn | 6.36 Bn | 49.24 Bn | 0.76 |
| 7 | Molina Healthcare | 9.92 Bn | 668.90 Mn | 1.53 Bn | 0.92 |
| 8 | Oscar Health | 8.44 Bn | 1.64 Bn | -3.22 Bn | 0.26 |
| 9 | Alignment Healthcare | 4.50 Bn | 3.77 Bn | 135.85 Mn | 1.56 |
| 10 | Clover Health Investments | 2.61 Bn | 2.41 Bn | 154.54 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.56 |
| Dec 31, 2025 | 1.80 |
| Sep 30, 2025 | 1.99 |
| Jun 30, 2025 | 2.29 |
| Mar 31, 2025 | 2.95 |
| Dec 31, 2024 | 3.22 |
| Sep 30, 2024 | 1.83 |
| Jun 30, 2024 | 1.70 |
| Mar 31, 2024 | 1.23 |
| Dec 31, 2023 | 1.02 |
| Sep 30, 2023 | 0.85 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 0.72 |
| Dec 31, 2022 | 0.67 |
| Sep 30, 2022 | 0.59 |
| Jun 30, 2022 | 0.52 |
| Mar 31, 2022 | 0.52 |
| Dec 31, 2021 | 0.49 |
| Sep 30, 2021 | 0.46 |
| Jun 30, 2021 | 0.43 |