Alignment Healthcare (ALHC) EBITDA Margin (2020 - 2026)
Alignment Healthcare's (ALHC) quarterly EBITDA Margin came in at 3.74% in Q2 2026, up 81.0% on a YoY basis from 2.07% in Q2 2025, and up 97.73% quarter-over-quarter from 1.89% in Q1 2026.
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Alignment Healthcare (ALHC) EBITDA Margin (2020 - 2026) Analysis & Trends
Alignment Healthcare (ALHC) has reported EBITDA Margin for 7 consecutive years, with 3.74% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 81.0% year-over-year to 3.74%; the trailing twelve-month figure through Jun 2026 stood at 1.89% (up 180.0% YoY), and the FY2025 full-year result was 1.13%, up 391.0% from the prior year.
- EBITDA Margin rose to 3.74% in Q2 2026 per ALHC's latest filing, from 1.89% in the prior quarter.
- Across five years, EBITDA Margin topped out at 3.74% in Q2 2026 and bottomed at 13.12% in Q4 2022.
- Historically, EBITDA Margin has averaged 3.11% across 5 years, with a median of 2.02% in 2024.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin surged 1117 bps in 2022, then sank 331 bps in 2023.
- Over 5 years, EBITDA Margin stood at 13.12% in 2022, then surged by 41 bps to 7.75% in 2023, then jumped by 71 bps to 2.24% in 2024, then jumped by 89 bps to 0.24% in 2025, then jumped by 1646 bps to 3.74% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 3.74%, 1.89%, and 0.24% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 349.71 Bn | 318.24 Bn | 36.67 Bn | 7.13% |
| 2 | Cvs Health | 121.89 Bn | 107.93 Bn | 47.23 Bn | 4.43% |
| 3 | Elevance Health | 90.41 Bn | 54.46 Bn | 13.45 Bn | 1.39% |
| 4 | Cigna | 73.73 Bn | 66.47 Bn | 14.97 Bn | 3.73% |
| 5 | Humana | 48.06 Bn | 24.19 Bn | 5.50 Bn | 3.77% |
| 6 | Centene | 32.28 Bn | 5.22 Bn | 14.55 Bn | 2.50% |
| 7 | Molina Healthcare | 10.24 Bn | 1.32 Bn | 1.43 Bn | 1.33% |
| 8 | Oscar Health | 9.83 Bn | 1.28 Bn | 1.09 Bn | 7.96% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.65 Bn | 1.95 Bn | 180.96 Mn | 3.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.74% |
| Mar 31, 2026 | 1.89% |
| Dec 31, 2025 | -0.24% |
| Sep 30, 2025 | 1.58% |
| Jun 30, 2025 | 2.93% |
| Mar 31, 2025 | 0.17% |
| Dec 31, 2024 | -2.24% |
| Sep 30, 2024 | -1.80% |
| Jun 30, 2024 | -1.74% |
| Mar 31, 2024 | -5.58% |
| Dec 31, 2023 | -7.75% |
| Sep 30, 2023 | -5.30% |
| Jun 30, 2023 | -3.99% |
| Mar 31, 2023 | -6.29% |
| Dec 31, 2022 | -13.12% |
| Sep 30, 2022 | -8.05% |
| Jun 30, 2022 | -0.69% |
| Mar 31, 2022 | -9.43% |
| Dec 31, 2021 | -13.21% |
| Sep 30, 2021 | -12.75% |