9 years of historical data (2017–2025) · Technology · Software - Application
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
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 1.2x 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 | $298M | $1.0B | $3.8B | $4.2B | $3.8B | $4.8B | $5.0B | — | — | — |
| Enterprise Value | $2.0B | $2.8B | $5.6B | $6.7B | $6.6B | $7.5B | $8.9B | — | — | — |
| P/E Ratio → | -0.10 | — | — | — | — | — | — | — | — | — |
| P/S Ratio | 0.13 | 0.45 | 1.62 | 1.22 | 1.74 | 1.63 | 1.83 | — | — | — |
| P/B Ratio | 0.29 | 0.98 | 0.88 | 0.88 | 0.75 | 0.96 | 7.31 | — | — | — |
| P/FCF | 1.19 | 4.12 | 28.90 | 16.97 | 27.78 | 4754.24 | 34.93 | — | — | — |
| P/OCF | 0.83 | 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
Enterprise-value multiples — capital-structure-neutral measures of total business value
Alight, Inc.'s enterprise value stands at 4.6x EBITDA, 73% below its 5-year average of 17.0x. The Technology sector median is 16.7x, 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 | 4.60 | 6.26 | 18.36 | 21.05 | 25.73 | 13.68 | 20.21 | — | — | — |
| EV / EBIT | 59.72 | — | — | — | — | 59.01 | 63.22 | — | — | — |
| EV / FCF | — | 11.04 | 42.74 | 27.38 | 47.73 | 7494.24 | 61.89 | — | — | — |
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.
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% |
| 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% |
Solvency and debt-coverage ratios — lower is generally safer
Alight, Inc. carries a Debt/EBITDA ratio of 4.5x, which is highly leveraged (55% 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 | — |
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 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Alight, Inc. returns 50.4% to shareholders annually — split between a 28.6% dividend yield and 21.8% buyback yield.
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 | 28.6% | 8.4% | 0.6% | — | — | — | 0.1% | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | 45.5% | — | 287.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | — | — | — | — | — | — | — |
| FCF Yield | 83.8% | 24.3% | 3.5% | 5.9% | 3.6% | 0.0% | 2.9% | — | — | — |
| Buyback Yield | 21.8% | 6.3% | 4.4% | 1.0% | 0.3% | 3.0% | 0.0% | — | — | — |
| Total Shareholder Yield | 50.4% | 14.7% | 5.0% | 1.0% | 0.3% | 3.0% | 0.1% | — | — | — |
| Shares Outstanding | — | $528M | $547M | $489M | $459M | $440M | $447M | $447M | $447M | $124M |
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 |
|---|---|---|---|---|---|---|---|---|---|
| $298M | -0.1 | 4.6 | 1.2 | 20.7% | 1.5% | -115.6% | 0.6% | 4.5 | |
| $24B | 15.7 | 10.5 | 15.6 | 42.1% | 23.0% | 20.0% | 14.0% | 2.6 | |
| $85B | 21.3 | 16.0 | 21.4 | 42.8% | 23.8% | 31.3% | 15.2% | 3.3 | |
| $68B | 18.7 | 15.7 | 21.2 | 47.7% | 25.3% | 46.3% | 13.5% | 3.1 | |
| $2B | 21.6 | 13.6 | 30.7 | 18.8% | 3.6% | 9.2% | 10.6% | 0.0 | |
| $88B | 21.9 | 15.9 | 18.4 | 50.8% | 26.3% | 76.0% | 47.1% | 1.5 | |
| $35B | 21.4 | 16.0 | 20.0 | 72.4% | 39.6% | 41.8% | 30.9% | 2.1 | |
| $9B | 133.2 | 138.8 | 30.4 | 62.5% | 3.4% | 5.0% | 2.3% | 11.0 | |
| $262M | 22.1 | 10.2 | 8.1 | 38.3% | 8.7% | 14.1% | 16.4% | 2.5 | |
| $7B | 15.5 | 8.9 | 16.7 | 78.6% | 27.6% | 27.4% | 30.7% | 0.2 | |
| $5B | 25.1 | 13.0 | 15.8 | 68.8% | 19.1% | 20.0% | 26.2% | 0.5 | |
| Technology Median | — | 29.0 | 16.7 | 19.2 | 48.8% | 0.2% | 1.6% | 2.7% | 2.9 |
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Includes 30+ ratios · 9 years · Updated daily
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10-year return with dividends reinvested.
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying ALIT stock.
Alight, Inc.'s current P/E ratio is -0.1x. This places it at the 50th percentile of its historical range.
Alight, Inc.'s current EV/EBITDA is 4.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.5x.
Alight, Inc.'s return on equity (ROE) is -115.6%. The historical average is -15.6%.
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.
Alight, Inc.'s current dividend yield is 28.64%.
Alight, Inc. has 20.7% gross margin and 1.5% operating margin.
Alight, Inc.'s Debt/EBITDA ratio is 4.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.