Alignment Healthcare (ALHC) FCF Margin (2020 - 2026)
Alignment Healthcare (ALHC) posted FCF Margin of 10.41% for Q1 2026, up 309.23% on a QoQ basis from 4.98% in Q4 2025, and up 951.0% year-over-year from 0.99% in Q1 2025.
Alignment Healthcare (ALHC) FCF Margin (2020 - 2026) Analysis & Trends
Alignment Healthcare's FCF Margin history runs 7 years deep, the most recent figure standing at 10.41% for Q1 2026.
- Quarterly FCF Margin rose 951.0% year-over-year to 10.41% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 6.11% (up 410.0% YoY) and the FY2025 annual result came in at 3.54%, up 226.0% from the prior year.
- FCF Margin was 10.41% for Q1 2026 at Alignment Healthcare, up from 4.98% in the prior quarter.
- Across five years, FCF Margin topped out at 28.85% in Q3 2022 and bottomed at 43.15% in Q4 2023.
- A 5-year average of 0.24% and a median of 2.08% in 2025 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2023 — FCF Margin slumped 3309 bps — and 2024, when it jumped 4191 bps.
- Alignment Healthcare's FCF Margin stood at 41.61% in 2022, then fell by 4 bps to 43.15% in 2023, then jumped by 97 bps to 1.24% in 2024, then tumbled by 302 bps to 4.98% in 2025, then jumped by 309 bps to 10.41% in 2026.
- Business Quant data shows ALHC's FCF Margin at 10.41% in Q1 2026, 4.98% in Q4 2025, and 16.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 384.70 Bn | 354.90 Bn | 38.23 Bn | 7.29% |
| 2 | Cvs Health | 136.05 Bn | 124.42 Bn | 22.85 Bn | 10.06% |
| 3 | Elevance Health | 82.25 Bn | 46.44 Bn | 35.79 Bn | 3.94% |
| 4 | Cigna | 75.16 Bn | 67.54 Bn | -44.29 Bn | 8.81% |
| 5 | Humana | 47.47 Bn | 25.57 Bn | 5.94 Bn | 2.86% |
| 6 | Centene | 31.35 Bn | 7.64 Bn | 43.95 Bn | 9.33% |
| 7 | Molina Healthcare | 10.44 Bn | 1.19 Bn | 1.43 Bn | -2.98% |
| 8 | Oscar Health | 8.62 Bn | 1.83 Bn | 1.42 Bn | 56.17% |
| 9 | Alignment Healthcare | 4.13 Bn | 3.41 Bn | 144.48 Mn | 10.41% |
| 10 | Progyny | 2.48 Bn | 2.26 Bn | 83.07 Mn | 13.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -7.59% |