Alight, Inc. (ALIT) Financial Ratios
9 years of historical data (2017–2025) · Technology · Software - Application
EV/EBITDA
↓
4.96
↓-71% vs avg
5yr avg: 17.01
30Y Low6.3·High25.7
P/FCF
↓
1.82
↓-100% vs avg
5yr avg: 966.40
30Y Low4.1·High34.9
P/B Ratio
↑
0.44
↓-51% vs avg
5yr avg: 0.89
30Y Low0.8·High7.3
ROE
↓
-115.6%
↑-346% vs avg
5yr avg: -25.9%
30Y Low-116%·High3%
Debt/EBITDA
↓
4.55
↓-40% vs avg
5yr avg: 7.63
30Y Low4.5·High11.7
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
ALIT Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Alight, Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis. On a free-cash-flow basis, the stock trades at 1.8x P/FCF, 100% below the 5-year average of 966.4x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $455M | $1.0B | $3.8B | $4.2B | $3.8B | $4.8B | $5.0B | — | — | — |
| Enterprise Value | $2.2B | $2.8B | $5.6B | $6.7B | $6.6B | $7.5B | $8.9B | — | — | — |
| P/E Ratio → | -0.15 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.20 | 0.45 | 1.62 | 1.22 | 1.74 | 1.63 | 1.83 | — | — | — |
| P/B Ratio | 0.44 | 0.98 | 0.88 | 0.88 | 0.75 | 0.96 | 7.31 | — | — | — |
| P/FCF | 1.82 | 4.12 | 28.90 | 16.97 | 27.78 | 4754.24 | 34.93 | — | — | — |
| P/OCF | 1.26 | 2.86 | 15.02 | 10.82 | 13.40 | 41.34 | 21.44 | — | — | — |
P/E links to full P/E history page with 30-year chart
ALIT EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Alight, Inc.'s enterprise value stands at 5.0x EBITDA, 71% below its 5-year average of 17.0x. The Technology sector median is 17.5x, placing the stock at a 72% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.22 | 2.40 | 1.98 | 2.98 | 2.57 | 3.24 | — | — | — |
| EV / EBITDA | 4.96 | 6.26 | 18.36 | 21.05 | 25.73 | 13.68 | 20.21 | — | — | — |
| EV / EBIT | 64.33 | — | — | — | — | 59.01 | 63.22 | — | — | — |
| EV / FCF | — | 11.04 | 42.74 | 27.38 | 47.73 | 7494.24 | 61.89 | — | — | — |
ALIT Profitability
Margins and return-on-capital ratios measuring operating efficiency
Alight, Inc. earns an operating margin of 1.5%. Operating margins have expanded from -3.0% to 1.5% over the past 3 years, signaling improving operational efficiency. A negative ROE of -115.6% indicates the company is currently destroying shareholder equity. ROIC of 0.6% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 20.7% | 20.7% | 34.0% | 33.4% | 31.1% | 23.8% | 30.6% | 34.6% | 35.8% | 34.9% |
| Operating Margin | 1.5% | 1.5% | -3.9% | -3.0% | -4.3% | 6.7% | 5.4% | 10.4% | 8.6% | 8.3% |
| Net Profit Margin | -136.9% | -136.9% | -6.7% | -10.1% | -2.8% | -2.1% | -3.8% | 0.9% | -0.9% | 1.0% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -115.6% | -115.6% | -3.5% | -7.0% | -1.2% | -2.1% | -13.8% | 2.7% | -2.5% | 2.7% |
| ROA | -48.5% | -48.5% | -1.7% | -3.1% | -0.6% | -0.7% | -1.5% | 0.4% | -0.4% | 0.4% |
| ROIC | 0.6% | 0.6% | -1.0% | -1.0% | -0.9% | 2.4% | 2.4% | 4.6% | 3.7% | 3.4% |
| ROCE | 0.6% | 0.6% | -1.1% | -1.2% | -1.1% | 2.8% | 2.9% | 5.6% | 4.6% | 4.2% |
ALIT Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Alight, Inc. carries a Debt/EBITDA ratio of 4.5x, which is highly leveraged (56% above the sector average of 2.9x). Net debt stands at $1.7B ($2.0B total debt minus $273M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.92 | 1.92 | 0.50 | 0.62 | 0.59 | 0.63 | 6.39 | 5.04 | 4.23 | 3.90 |
| Debt / EBITDA | 4.55 | 4.55 | 7.07 | 9.12 | 11.73 | 5.68 | 9.96 | 7.84 | 8.00 | 9.04 |
| Net Debt / Equity | — | 1.66 | 0.42 | 0.54 | 0.54 | 0.56 | 5.64 | 4.77 | 3.97 | 3.67 |
| Net Debt / EBITDA | 3.93 | 3.93 | 5.94 | 8.00 | 10.75 | 5.00 | 8.80 | 7.42 | 7.49 | 8.53 |
| Debt / FCF | — | 6.93 | 13.84 | 10.41 | 19.95 | 2740.00 | 26.96 | 20.11 | 27.97 | 13.25 |
| Interest Coverage | -32.28 | -32.28 | -0.44 | -1.79 | -0.02 | 0.71 | 0.60 | 1.17 | 0.98 | — |
ALIT Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.31x means Alight, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.31 | 1.31 | 1.42 | 1.27 | 1.20 | 1.16 | 1.25 | 1.15 | 1.22 | 1.18 |
| Quick Ratio | 1.31 | 1.31 | 1.42 | 1.27 | 1.20 | 1.16 | 1.25 | 1.15 | 1.22 | 1.18 |
| Cash Ratio | 0.31 | 0.31 | 0.38 | 0.16 | 0.11 | 0.18 | 0.28 | 0.14 | 0.18 | 0.11 |
| Asset Turnover | — | 0.50 | 0.28 | 0.32 | 0.20 | 0.27 | 0.39 | 0.39 | 0.42 | 0.37 |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 62.45 | 87.65 | 86.17 | 136.77 | 83.02 | 75.46 | 95.11 | 77.82 | 89.47 |
ALIT Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Alight, Inc. returns 33.1% to shareholders annually — split between a 18.8% dividend yield and 14.3% buyback yield.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 18.8% | 8.4% | 0.6% | — | — | — | 0.1% | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 45.5% | — | 287.5% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 54.9% | 24.3% | 3.5% | 5.9% | 3.6% | 0.0% | 2.9% | — | — | — |
| Buyback Yield | 14.3% | 6.3% | 4.4% | 1.0% | 0.3% | 3.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 33.1% | 14.7% | 5.0% | 1.0% | 0.3% | 3.0% | 0.1% | — | — | — |
| Shares Outstanding | — | $528M | $547M | $489M | $459M | $440M | $447M | $447M | $447M | $124M |
Peer Comparison
Compare ALIT with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 ALITYou | $455M | -0.1 | 5.0 | 1.8 | 20.7% | 1.5% | -115.6% | 0.6% | 4.5 |
 WTW | $24B | 15.9 | 10.6 | 15.7 | 42.1% | 23.0% | 20.0% | 14.0% | 2.6 |
 MMC | $85B | 21.3 | 16.0 | 21.4 | 42.8% | 23.8% | 31.3% | 15.2% | 3.3 |
 AON | $67B | 18.4 | 15.5 | 20.9 | 47.7% | 25.3% | 46.3% | 13.5% | 3.1 |
 CNXN | $2B | 20.0 | 12.4 | 28.4 | 18.8% | 3.6% | 9.2% | 10.6% | 0.0 |
 ADP | $86B | 21.5 | 15.6 | 18.1 | 50.8% | 26.3% | 76.0% | 47.1% | 1.5 |
 PAYX | $34B | 20.6 | 15.4 | 19.2 | 72.4% | 39.6% | 41.8% | 30.9% | 2.1 |
 GWRE | $12B | 172.3 | 182.3 | 40.0 | 62.5% | 3.4% | 5.0% | 2.3% | 11.0 |
 HCKT | $288M | 24.3 | 11.0 | 8.9 | 38.3% | 8.7% | 14.1% | 16.4% | 2.5 |
 PAYC | $8B | 17.1 | 9.8 | 18.4 | 78.6% | 27.6% | 27.4% | 30.7% | 0.2 |
 PCTY | $6B | 27.1 | 14.3 | 17.3 | 68.8% | 19.1% | 20.0% | 26.2% | 0.5 |
| Technology Median | — | 27.7 | 17.5 | 19.2 | 48.5% | -0.6% | 2.4% | 2.9% | 2.9 |
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Download Financial Ratios Data
Includes 30+ ratios · 9 years · Updated daily
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Start ComparisonALIT — Frequently Asked Questions
Quick answers to the most common questions about buying ALIT stock.
What is Alight, Inc.'s P/E ratio?
Alight, Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.
What is Alight, Inc.'s EV/EBITDA?
Alight, Inc.'s current EV/EBITDA is 5.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.5x.
What is Alight, Inc.'s ROE?
Alight, Inc.'s return on equity (ROE) is -115.6%. The historical average is -15.6%.
Is ALIT stock overvalued?
Based on historical data, Alight, Inc. is trading at a P/E of -0.1x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Alight, Inc.'s dividend yield?
Alight, Inc.'s current dividend yield is 18.77%.
What are Alight, Inc.'s profit margins?
Alight, Inc. has 20.7% gross margin and 1.5% operating margin.
How much debt does Alight, Inc. have?
Alight, Inc.'s Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.