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% YoY from 0.65% in Q2 2025, and down 120.93% on a QoQ basis from 9.82% in Q1 2026.
Alignment Healthcare (ALHC) FCF Margin (2020 - 2026) Analysis & Trends
Alignment Healthcare (ALHC) has 7 years of FCF Margin data on file, last reported at 2.06% in Q2 2026.
- Quarterly FCF Margin fell 414.0% year-over-year to 2.06% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.88% (up 303.0% YoY) and the FY2025 annual result came in at 2.87%, up 311.0% from the prior year.
- FCF Margin slipped to 2.06% in Q2 2026, from 9.82% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 28.82% in Q3 2022 to a low of 47.16% in Q4 2022.
- A 5-year average of 1.14% and a median of 1.32% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2022 — FCF Margin tumbled 3706 bps — and 2024, when it jumped 3999 bps.
- Tracing ALHC's FCF Margin over 5 years: stood at 47.16% in 2022, then advanced by 10 bps to 42.56% in 2023, then jumped by 94 bps to 2.57% in 2024, then tumbled by 113 bps to 5.47% in 2025, then jumped by 62 bps to 2.06% in 2026.
- The last three FCF Margin figures came in at 2.06% (Q2 2026), 9.82% (Q1 2026), and 5.47% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 354.42 Bn | 322.95 Bn | 36.67 Bn | 9.15% |
| 2 | Cvs Health | 119.87 Bn | 105.91 Bn | 47.23 Bn | 5.33% |
| 3 | Elevance Health | 87.54 Bn | 51.59 Bn | 13.45 Bn | 3.22% |
| 4 | Humana | 46.23 Bn | 22.35 Bn | 5.50 Bn | 4.49% |
| 5 | Centene | 31.97 Bn | 4.91 Bn | 14.55 Bn | 6.38% |
| 6 | Molina Healthcare | 10.37 Bn | 1.46 Bn | 1.43 Bn | -2.98% |
| 7 | Oscar Health | 9.41 Bn | 854.10 Mn | 1.09 Bn | 42.63% |
| 8 | Alignment Healthcare | 2.74 Bn | 2.04 Bn | 180.96 Mn | -2.06% |
| 9 | Clover Health Investments | 2.19 Bn | 1.95 Bn | 153.00 Mn | 3.30% |
| 10 | Progyny | 2.02 Bn | 1.79 Bn | 89.30 Mn | 12.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -2.06% |
| Mar 31, 2026 | 10.41% |
| Dec 31, 2025 | -4.98% |
| Sep 30, 2025 | 16.18% |
| Jun 30, 2025 | 2.08% |
| Mar 31, 2025 | 0.90% |
| Dec 31, 2024 | -1.24% |
| Sep 30, 2024 | 3.78% |
| Jun 30, 2024 | 5.07% |
| Mar 31, 2024 | -2.76% |
| Dec 31, 2023 | -43.15% |
| Sep 30, 2023 | -4.24% |
| Jun 30, 2023 | 9.61% |
| Mar 31, 2023 | 17.90% |
| Dec 31, 2022 | -41.61% |
| Sep 30, 2022 | 28.85% |
| Jun 30, 2022 | 2.83% |
| Mar 31, 2022 | -3.69% |
| Dec 31, 2021 | -10.11% |
| Sep 30, 2021 | 4.40% |