Alignment Healthcare Debt-to-Equity Ratio Growth & History (ALHC)
Alignment Healthcare's debt-to-equity ratio was 1.85 for fiscal 2025.
View full Alignment Healthcare company overviewAlignment Healthcare annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.85 | −1.46 | −44.11% |
| 2024 | 2024-12-31 | 3.31 | 2.21 | +201.12% |
| 2023 | 2023-12-31 | 1.10 | 0.39 | +55.05% |
| 2022 | 2022-12-31 | 0.71 | 0.18 | +34.50% |
| 2021 | 2021-12-31 | 0.53 | −4.64 | −89.80% |
| 2020 | 2020-12-31 | 5.17 | — | — |
Alignment Healthcare quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.22 | −1.06 | −46.54% |
| Q1 2026 | 2026-03-31 | 1.56 | −1.41 | −47.45% |
| Q4 2025 | 2025-12-31 | 1.85 | −1.46 | −44.11% |
| Q3 2025 | 2025-09-30 | 1.99 | 0.07 | +3.72% |
| Q2 2025 | 2025-06-30 | 2.29 | 0.51 | +28.60% |
| Q1 2025 | 2025-03-31 | 2.98 | 1.67 | +128.61% |
| Q4 2024 | 2024-12-31 | 3.31 | 2.21 | +201.12% |
| Q3 2024 | 2024-09-30 | 1.92 | 1.02 | +112.00% |
| Q2 2024 | 2024-06-30 | 1.78 | 0.97 | +118.84% |
| Q1 2024 | 2024-03-31 | 1.30 | 0.57 | +77.30% |
| Q4 2023 | 2023-12-31 | 1.10 | 0.39 | +55.05% |
| Q3 2023 | 2023-09-30 | 0.91 | 0.30 | +49.42% |
| Q2 2023 | 2023-06-30 | 0.81 | 0.27 | +49.72% |
| Q1 2023 | 2023-03-31 | 0.73 | 0.19 | +35.99% |
| Q4 2022 | 2022-12-31 | 0.71 | 0.18 | +34.50% |
| Q3 2022 | 2022-09-30 | 0.61 | 0.12 | +25.87% |
| Q2 2022 | 2022-06-30 | 0.54 | 0.08 | +18.43% |
| Q1 2022 | 2022-03-31 | 0.54 | 0.10 | +23.17% |
| Q4 2021 | 2021-12-31 | 0.53 | −4.64 | −89.80% |
| Q3 2021 | 2021-09-30 | 0.48 | — | — |
| Q2 2021 | 2021-06-30 | 0.46 | — | — |
| Q1 2021 | 2021-03-31 | 0.44 | — | — |
| Q4 2020 | 2020-12-31 | 5.17 | — | — |
Alignment Healthcare debt-to-equity ratio trends
Over the last five fiscal years, Alignment Healthcare's debt-to-equity ratio decreased from 5.17 to 1.85, a change of −3.32. The latest reported quarter, Q2 2026, shows 1.22.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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