Alignment Healthcare (ALHC) Return on Capital Employed [ROCE] (2021 - 2026)
Alignment Healthcare (ALHC) reported Return on Capital Employed [ROCE] of 9.37% for Q2 2026, up 15.28 percentage points from -5.91% a year earlier and up 1.25 percentage points from the prior quarter.
Alignment Healthcare (ALHC) Return on Capital Employed [ROCE] (2021 - 2026) Analysis & Trends
For FY2025, Alignment Healthcare posted Return on Capital Employed [ROCE] of 4.02%, up 34.32 percentage points from FY2024.
- Return on Capital Employed [ROCE] has a four-year change of +60.11 percentage points (FY2021 to FY2025).
- By year, Return on Capital Employed [ROCE] came in at -30.30% in FY2024 (+6.23 pp), -36.53% in FY2023 (-4.57 pp), -31.97% in FY2022 (+24.13 pp) and -56.09% in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Return on Capital Employed [ROCE] in data going back to Q1 2021.
- Year over year, Return on Capital Employed [ROCE] has now increased in each of the last eight quarters, with an average year-over-year change of +22.59 percentage points over the last eight quarters.
- The high point for year-over-year Return on Capital Employed [ROCE] in five years was Q2 2025 (a gain of 37.35 percentage points); the low point was Q1 2022 (a drop of 20.91 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 8.12% (Q1 2026), 2.80% (Q4 2025) and 0.57% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 10.87% |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 4.98% |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 43.39% |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | -174.63% |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 10.00% |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 12.93% |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 19.96% |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 8.14% |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | -13.64% |
| 10 | Alignment Healthcare | 1.64 Bn | -1.03 Bn | 180.96 Mn | 9.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.37% |
| Mar 31, 2026 | 8.12% |
| Dec 31, 2025 | 2.80% |
| Sep 30, 2025 | 0.57% |
| Jun 30, 2025 | -5.91% |
| Mar 31, 2025 | -17.25% |
| Dec 31, 2024 | -26.36% |
| Sep 30, 2024 | -34.93% |
| Jun 30, 2024 | -43.26% |
| Mar 31, 2024 | -48.41% |
| Dec 31, 2023 | -30.56% |
| Sep 30, 2023 | -37.62% |
| Jun 30, 2023 | -38.21% |
| Mar 31, 2023 | -38.52% |
| Dec 31, 2022 | -27.04% |
| Sep 30, 2022 | -31.42% |
| Jun 30, 2022 | -28.90% |
| Mar 31, 2022 | -36.48% |
| Dec 31, 2021 | -37.36% |
| Sep 30, 2021 | -33.26% |
Alignment Healthcare Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ALHC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "ALHC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=ALHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();