Alignment Healthcare (ALHC) FCF Margin (2020 - 2026)
Alignment Healthcare posted quarterly FCF Margin of 9.89% for Q1 2026, up 898.0% year-on-year from 0.99% in Q1 2025, and up 458.44% on a QoQ basis from 2.76% in Q4 2025.
Alignment Healthcare (ALHC) has 7 years of FCF Margin data on file, last reported at 9.89% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 898.0% year-over-year to 9.89%; the trailing twelve-month figure through Mar 2026 stood at 5.92% (up 427.0% YoY), and the FY2025 full-year result was 3.54%, up 226.0% from the prior year.
- FCF Margin for Q1 2026 stood at 9.89%, up from 2.76% in the prior quarter.
- Across five years, FCF Margin topped out at 29.16% in Q3 2022 and bottomed at 46.37% in Q4 2023.
- The 5-year median for FCF Margin is 3.07% (2022), against an average of 0.08%.
- The widest annual swing landed in 2022, when FCF Margin tumbled 3135 bps; it then soared 4513 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 41.46% in 2022, then slipped by 12 bps to 46.37% in 2023, then soared by 97 bps to 1.24% in 2024, then tumbled by 123 bps to 2.76% in 2025, then surged by 458 bps to 9.89% in 2026.
- The last three FCF Margin figures came in at 9.89% (Q1 2026), 2.76% (Q4 2025), and 12.37% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 345.31 Bn | 315.51 Bn | 98.90 Bn | 7.29% |
| 2 | Cvs Health | 115.41 Bn | 103.79 Bn | 4.43 Bn | 10.06% |
| 3 | Elevance Health | 88.60 Bn | 53.18 Bn | 13.88 Bn | 8.28% |
| 4 | Cigna | 72.05 Bn | 64.43 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 39.05 Bn | 17.15 Bn | 4.00 Bn | 3.00% |
| 6 | Centene | 30.50 Bn | 6.84 Bn | 49.24 Bn | 8.34% |
| 7 | Molina Healthcare | 9.31 Bn | 60.65 Mn | 1.53 Bn | 9.77% |
| 8 | Oscar Health | 6.86 Bn | 63.05 Mn | -3.22 Bn | 45,648.58% |
| 9 | Alignment Healthcare | 2.69 Bn | 1.96 Bn | 135.85 Mn | 9.89% |
| 10 | Progyny | 2.12 Bn | 1.90 Bn | 83.07 Mn | 12.06% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 9.89% |
| Dec 31, 2025 | -2.76% |
| Sep 30, 2025 | 12.37% |
| Jun 30, 2025 | 3.70% |
| Mar 31, 2025 | 0.91% |
| Dec 31, 2024 | -1.24% |
| Sep 30, 2024 | 3.78% |
| Jun 30, 2024 | 3.50% |
| Mar 31, 2024 | -1.03% |
| Dec 31, 2023 | -46.37% |
| Sep 30, 2023 | 1.31% |
| Jun 30, 2023 | 9.72% |
| Mar 31, 2023 | 17.72% |
| Dec 31, 2022 | -41.46% |
| Sep 30, 2022 | 29.16% |
| Jun 30, 2022 | 3.07% |
| Mar 31, 2022 | -3.69% |
| Dec 31, 2021 | -10.11% |
| Sep 30, 2021 | 4.40% |
| Jun 30, 2021 | -7.59% |
| Mar 31, 2021 | -14.27% |
| Dec 31, 2020 | -4.25% |
| Sep 30, 2020 | 10.51% |
| Jun 30, 2020 | 5.53% |
| Mar 31, 2020 | -9.71% |