Alignment Healthcare (ALHC) Return on Invested Capital [ROIC] (2022 - 2026)
Alignment Healthcare (ALHC) recorded Return on Invested Capital [ROIC] of 9.82% in Q2 2026, up 15.35 percentage points from -5.53% a year earlier and up 2.93 percentage points from the prior quarter.
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Analysis
Alignment Healthcare (ALHC) Return on Invested Capital [ROIC] (2022 - 2026) Analysis & Trends
For FY2025, Alignment Healthcare reported Return on Invested Capital [ROIC] of 3.19%, up 30.55 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has a three-year change of +33.22 percentage points (FY2022 to FY2025).
- Across earlier years, Return on Invested Capital [ROIC] came in at -27.36% in FY2024 (+8.13 pp), -35.50% in FY2023 (-5.47 pp) and -30.03% in FY2022.
- The Q2 2026 figure is the highest quarterly Return on Invested Capital [ROIC] in data going back to Q3 2022.
- On a year-over-year basis, Return on Invested Capital [ROIC] has increased for eight consecutive quarters, with an average year-over-year change of +22.81 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Invested Capital [ROIC] in the last five years was a gain of 36.94 percentage points in Q3 2025, against a drop of 12.69 percentage points in Q1 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 6.89% (Q1 2026), 2.99% (Q4 2025) and 0.53% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Unitedhealth | 336.54 Bn | 221.18 Bn | 36.67 Bn | 10.31% |
| 2 | Cvs Health | 110.50 Bn | 63.10 Bn | 47.23 Bn | 4.96% |
| 3 | Mckesson | 105.27 Bn | 91.73 Bn | 3.69 Bn | 107.91% |
| 4 | Elevance Health | 83.85 Bn | -57.90 Bn | 13.45 Bn | -158.82% |
| 5 | Cigna | 71.48 Bn | 41.02 Bn | 14.97 Bn | 10.87% |
| 6 | Cencora | 58.97 Bn | 48.06 Bn | 3.61 Bn | 14.39% |
| 7 | Cardinal Health | 53.10 Bn | 37.10 Bn | 2.56 Bn | 33.91% |
| 8 | Humana | 46.62 Bn | -41.18 Bn | 5.50 Bn | 6.65% |
| 9 | Centene | 31.12 Bn | -59.17 Bn | 14.55 Bn | -14.72% |
| 10 | Alignment Healthcare | 1.64 Bn | -1.03 Bn | 180.96 Mn | 9.82% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.82% |
| Mar 31, 2026 | 6.89% |
| Dec 31, 2025 | 2.99% |
| Sep 30, 2025 | 0.53% |
| Jun 30, 2025 | -5.53% |
| Mar 31, 2025 | -15.43% |
| Dec 31, 2024 | -27.08% |
| Sep 30, 2024 | -36.41% |
| Jun 30, 2024 | -41.60% |
| Mar 31, 2024 | -44.44% |
| Dec 31, 2023 | -38.09% |
| Sep 30, 2023 | -38.14% |
| Jun 30, 2023 | -37.40% |
| Mar 31, 2023 | -31.75% |
| Dec 31, 2022 | -30.88% |
| Sep 30, 2022 | -27.26% |
API Access
Alignment Healthcare Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=ALHC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=ALHC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();