tradmap

ALHC Financials Alignment Healthcare, Inc.

7 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →

Growth & profitability

  • Revenue has grown 32.7% per year over the past 5 years.
  • Operating margin has been roughly flat, at 0.4% in the latest year.

Financial health

  • The company holds more cash ($576M) than total debt ($323M).
  • Total debt has grown slower than revenue (17.5% vs 32.7% per year).
  • Operating income covered interest expense 0.9× in the latest year.
  • Total debt is 7.2× EBITDA.
Revenue & net income
-$195M $2B $4B $0 2019 2020 2021 2022 2023 2024 2025
RevenueNet income
Margins (gross / operating / net)
-17% -8% 0% 0% 2019 2020 2021 2022 2023 2024 2025
GrossOperatingNet
Free cash flow (CFO − capex)
-$95M $9M $113M $0 2019 2020 2021 2022 2023 2024 2025
Free cash flow
Cash vs total debt
$0 $288M $576M 2019 2020 2021 2022 2023 2024 2025
CashTotal debt
Cash flow: operating / investing / financing
-$147M $106M $360M $0 2019 2020 2021 2022 2023 2024 2025
OperatingInvestingFinancing

Key annual figures

FYRevenueNet incomeGross MOp MFCFTotal debtCash
2025 $3.9B -$724000 0.0% 0.4% $113M $323M $576M
2024 $2.7B -$128M 0.0% -3.8% -$7M $321M $433M
2023 $1.8B -$148M 0.0% -7.0% -$95M $162M $203M
2022 $1.4B -$150M 0.0% -9.0% -$69M $161M $410M
2021 $1.2B -$195M 0.0% -15.2% $151M $467M
2020 $959M -$23M 0.0% -0.5% $144M $207M
2019 $757M -$45M 0.0% -3.9% $86M

Valuation over time

How the market has priced ALHC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

Price / sales (P/S)
0.0 0.7 1.5 Mar '23 Aug '23 Jan '24 Jun '24 Nov '24 Apr '25 Sep '25 Feb '26
P/S

Frequently asked questions

Is ALHC growing its revenue and profit?

Over the past 5 years, Alignment Healthcare, Inc.'s revenue has grown 32.7% per year. These are computed facts, not advice.

How much debt does ALHC have?

As of FY2025, Alignment Healthcare, Inc. reported $323M of total debt against $576M of cash; operating income covered interest expense 0.9×.

What is ALHC's profit margin?

In FY2025, gross margin was —, operating margin 0.4%, and net margin -0.0%.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.