Alignment Healthcare (ALHC) EBITDA Margin (2020 - 2026)
Alignment Healthcare posted quarterly EBITDA Margin of 1.9% for Q1 2026, up 173.0% year-on-year from 0.7% in Q1 2025, and up 909.23% on a QoQ basis from 0.24% in Q4 2025.
Alignment Healthcare (ALHC) has 7 years of EBITDA Margin data on file, last reported at 1.9% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin rose 173.0% year-over-year to 1.9%; the trailing twelve-month figure through Mar 2026 stood at 1.56% (up 284.0% YoY), and the FY2025 full-year result was 1.13%, up 391.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 1.9%, up from 0.24% in the prior quarter.
- Across five years, EBITDA Margin topped out at 2.96% in Q2 2025 and bottomed at 13.21% in Q4 2022.
- The 5-year median for EBITDA Margin is 2.24% (2024), against an average of 3.57%.
- The widest annual swing landed in 2022, when EBITDA Margin jumped 1117 bps; it then plunged 336 bps in 2023.
- A 5-year view of EBITDA Margin shows it stood at 13.21% in 2022, then surged by 43 bps to 7.49% in 2023, then soared by 70 bps to 2.24% in 2024, then jumped by 90 bps to 0.24% in 2025, then surged by 909 bps to 1.9% in 2026.
- The last three EBITDA Margin figures came in at 1.9% (Q1 2026), 0.24% (Q4 2025), and 1.58% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 8.05% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 13.85% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 1.55% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 2.06% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 5.14% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 3.99% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 0.77% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 1,060.06% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 1.90% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 10.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.90% |
| Dec 31, 2025 | -0.24% |
| Sep 30, 2025 | 1.58% |
| Jun 30, 2025 | 2.96% |
| Mar 31, 2025 | 0.17% |
| Dec 31, 2024 | -2.24% |
| Sep 30, 2024 | -1.80% |
| Jun 30, 2024 | -1.76% |
| Mar 31, 2024 | -6.61% |
| Dec 31, 2023 | -7.49% |
| Sep 30, 2023 | -5.38% |
| Jun 30, 2023 | -4.04% |
| Mar 31, 2023 | -6.29% |
| Dec 31, 2022 | -13.21% |
| Sep 30, 2022 | -8.05% |
| Jun 30, 2022 | -0.69% |
| Mar 31, 2022 | -9.44% |
| Dec 31, 2021 | -13.22% |
| Sep 30, 2021 | -12.75% |
| Jun 30, 2021 | -11.85% |
| Mar 31, 2021 | -18.33% |
| Dec 31, 2020 | -9.75% |
| Sep 30, 2020 | 7.66% |
| Jun 30, 2020 | 6.61% |
| Mar 31, 2020 | -0.68% |