Growth Metrics

Alignment Healthcare (ALHC) Invested Capital (2020 - 2026)

Alignment Healthcare posted quarterly Invested Capital of $530.5 million for Q1 2026, up 23.13% year-on-year from $430.8 million in Q1 2025, and up 5.58% on a QoQ basis from $502.5 million in Q4 2025.

Alignment Healthcare (ALHC) has 7 years of Invested Capital data on file, last reported at $530.5 million in Q1 2026.

  • For the quarter ending Q1 2026, Invested Capital rose 23.13% year-over-year to $530.5 million; the trailing twelve-month figure through Mar 2026 stood at $530.5 million (up 23.13% YoY), and the FY2025 full-year result was $502.5 million, up 19.27% from the prior year.
  • Invested Capital for Q1 2026 stood at $530.5 million, up from $502.5 million in the prior quarter.
  • Across five years, Invested Capital topped out at $530.5 million in Q1 2026 and bottomed at $189.6 million in Q3 2023.
  • The 5-year median for Invested Capital is $319.9 million (2023), against an average of $343.2 million.
  • The widest annual swing landed in 2023, when Invested Capital tumbled 30.33%; it then surged 72.79% in 2024.
  • A 5-year view of Invested Capital shows it stood at $239.3 million in 2022, then soared by 33.67% to $319.9 million in 2023, then soared by 31.7% to $421.3 million in 2024, then gained by 19.27% to $502.5 million in 2025, then rose by 5.58% to $530.5 million in 2026.
  • The last three Invested Capital figures came in at $530.5 million (Q1 2026), $502.5 million (Q4 2025), and $484.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Unitedhealth 345.31 Bn 315.51 Bn 98.90 Bn 110.37 Bn
2 Cvs Health 115.41 Bn 103.79 Bn 4.43 Bn 80.22 Bn
3 Elevance Health 88.60 Bn 53.18 Bn 13.88 Bn 75.02 Bn
4 Cigna 72.05 Bn 64.43 Bn -44.29 Bn 43.97 Bn
5 Humana 39.05 Bn 17.15 Bn 4.00 Bn 20.37 Bn
6 Centene 30.50 Bn 6.84 Bn 49.24 Bn 21.57 Bn
7 Molina Healthcare 9.31 Bn 60.65 Mn 1.53 Bn 4.08 Bn
8 Oscar Health 6.86 Bn 63.05 Mn -3.22 Bn 2.06 Bn
9 Alignment Healthcare 2.69 Bn 1.96 Bn 135.85 Mn 530.50 Mn
10 Progyny 2.12 Bn 1.90 Bn 83.07 Mn 439.34 Mn

Historic Data

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DateValue
Mar 31, 2026 530.50 Mn
Dec 31, 2025 502.45 Mn
Sep 30, 2025 484.61 Mn
Jun 30, 2025 463.26 Mn
Mar 31, 2025 430.85 Mn
Dec 31, 2024 421.28 Mn
Sep 30, 2024 327.63 Mn
Jun 30, 2024 336.54 Mn
Mar 31, 2024 294.05 Mn
Dec 31, 2023 319.88 Mn
Sep 30, 2023 189.61 Mn
Jun 30, 2023 211.11 Mn
Mar 31, 2023 223.94 Mn
Dec 31, 2022 239.30 Mn
Sep 30, 2022 272.14 Mn
Jun 30, 2022 293.70 Mn
Mar 31, 2022 293.29 Mn
Dec 31, 2021 306.06 Mn
Sep 30, 2021 325.08 Mn
Jun 30, 2021 340.38 Mn
Mar 31, 2021 354.25 Mn
Dec 31, 2020 30.61 Mn
Sep 30, 2020 61.68 Mn
Jun 30, 2020 50.86 Mn
Mar 31, 2020 42.33 Mn