Alignment Healthcare (ALHC) FCF Margin (2020 - 2026)
Alignment Healthcare's (ALHC) quarterly FCF Margin came in at 2.06% in Q2 2026, down 414.0% on a YoY basis from 0.65% in Q2 2025, and down 120.93% quarter-over-quarter from 9.82% in Q1 2026.
Powered by 
Analysis
Alignment Healthcare (ALHC) FCF Margin (2020 - 2026) Analysis & Trends
Alignment Healthcare (ALHC) has reported FCF Margin for 7 consecutive years, with 2.06% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 414.0% year-over-year to 2.06%; the trailing twelve-month figure through Jun 2026 stood at 3.88% (up 303.0% YoY), and the FY2025 full-year result was 2.87%, up 311.0% from the prior year.
- FCF Margin fell to 2.06% in Q2 2026 per ALHC's latest filing, from 9.82% in the prior quarter.
- Across five years, FCF Margin topped out at 28.82% in Q3 2022 and bottomed at 47.16% in Q4 2022.
- Historically, FCF Margin has averaged 1.14% across 5 years, with a median of 1.32% in 2024.
- The sharpest annual moves came in 2022 and 2024: FCF Margin plunged 3706 bps in 2022, then surged 3999 bps in 2024.
- Over 5 years, FCF Margin stood at 47.16% in 2022, then grew by 10 bps to 42.56% in 2023, then soared by 94 bps to 2.57% in 2024, then sank by 113 bps to 5.47% in 2025, then soared by 62 bps to 2.06% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 2.06%, 9.82%, and 5.47% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 349.71 Bn | 318.24 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 121.89 Bn | 107.93 Bn | 47.23 Bn | 5.33% |
| 3 | Elevance Health | 90.41 Bn | 54.46 Bn | 13.45 Bn | 3.22% |
| 4 | Cigna | 73.73 Bn | 66.47 Bn | 14.97 Bn | -1.00% |
| 5 | Humana | 48.06 Bn | 24.19 Bn | 5.50 Bn | 4.49% |
| 6 | Centene | 32.28 Bn | 5.22 Bn | 14.55 Bn | 6.38% |
| 7 | Molina Healthcare | 10.24 Bn | 1.32 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 9.83 Bn | 1.28 Bn | 1.09 Bn | 42.63% |
| 9 | Corvel | 3.47 Bn | 3.12 Bn | - | - |
| 10 | Alignment Healthcare | 2.65 Bn | 1.95 Bn | 180.96 Mn | -2.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -2.06% |
| Mar 31, 2026 | 9.82% |
| Dec 31, 2025 | -5.47% |
| Sep 30, 2025 | 13.99% |
| Jun 30, 2025 | 2.08% |
| Mar 31, 2025 | 0.90% |
| Dec 31, 2024 | -2.57% |
| Sep 30, 2024 | 2.44% |
| Jun 30, 2024 | 1.73% |
| Mar 31, 2024 | -2.76% |
| Dec 31, 2023 | -42.56% |
| Sep 30, 2023 | -0.78% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 17.72% |
| Dec 31, 2022 | -47.16% |
| Sep 30, 2022 | 28.82% |
| Jun 30, 2022 | 2.83% |
| Mar 31, 2022 | -3.69% |
| Dec 31, 2021 | -10.10% |
| Sep 30, 2021 | 4.40% |