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Alignment Healthcare ALHC Operating margin

Operating margin at other companies

Humana logo
HumanaHUM
2.7%-1.7pp
CVS Health logo
CVS HealthCVS
2%-0.3pp
UnitedHealth Group logo
UnitedHealth GroupUNH
4.2%-4.0pp
Clover Health Investments logo
Clover Health InvestmentsCLOV
-2.6%+3.5pp
Agilon Health logo
Agilon HealthAGL
-5.2%-0.8pp
Astrana Health logo
Astrana HealthASTH
2.5%-1.1pp

Other financials

Income statement

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Revenue$1.2B+33.3%
Operating income$15.5M+387%
Net income$11.4M+225%
EPS (diluted)$0.05+200%

Balance sheet

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Cash & equivalents$707.7M+57.9%
Total debt$323.6M+0.5%
Total equity$206.9M+91.3%
Total assets$1.3B+40.9%

Cash flow

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Operating cash flow$128.7M+674%
CapEx$7.4M-10.8%
Free cash flow$121.3M+1,350%

Valuation

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Market cap$2.78B+2.2%
Enterprise value$2.39B-6.8%
P/E140.1×
P/S0.7×-0.2×

Profitability

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Net margin0.5%+0.2pp
FCF margin4.1%

Returns & leverage

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Return on equity12.6%+6.8pp
Debt / equity1.6×-1.4×
Current ratio1.6×-0.1×

Where this comes from

Calculated from Alignment Healthcare’s reported figures.

Based on trailing twelve months.

The source filing: Alignment Healthcare’s 10-Q, filed October 30, 2025. Open the filing →

Filed
Oct 30, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001628280-25-047538

FAQ

What is Alignment Healthcare's operating margin?
Alignment Healthcare (ALHC) reported operating margin of 0.1% in Q3 2025.
How has Alignment Healthcare's operating margin changed year-over-year?
Alignment Healthcare's operating margin increased by 101.4% year-over-year, from -4.9% to 0.1%.
What is the long-term trend for Alignment Healthcare's operating margin?
Over 4 years (2020 to 2024), Alignment Healthcare's operating margin has grown at a 61.8% compound annual growth rate (CAGR), from -0.5% to -3.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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