Growth Metrics

Alignment Healthcare (ALHC) Operating Margin (2020 - 2025)

Alignment Healthcare's Operating Margin history spans 6 years, with the latest figure at 0.99% for Q4 2025.

  • For Q4 2025, Operating Margin rose 238.0% year-over-year to 0.99%; the TTM value through Dec 2025 reached 0.37%, up 421.0%, while the annual FY2025 figure was 0.37%, 417.0% up from the prior year.
  • Operating Margin reached 0.99% in Q4 2025 per ALHC's latest filing, down from 0.77% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 2.26% in Q2 2025 to a low of 19.72% in Q1 2021.
  • Average Operating Margin over 5 years is 6.97%, with a median of 6.56% recorded in 2024.
  • Peak YoY movement for Operating Margin: plummeted -2020bps in 2021, then surged 1130bps in 2022.
  • A 5-year view of Operating Margin shows it stood at 14.55% in 2021, then increased by 1bps to 14.37% in 2022, then skyrocketed by 39bps to 8.7% in 2023, then skyrocketed by 61bps to 3.37% in 2024, then surged by 71bps to 0.99% in 2025.
  • Per Business Quant, the three most recent readings for ALHC's Operating Margin are 0.99% (Q4 2025), 0.77% (Q3 2025), and 2.26% (Q2 2025).