Alight Inc

Alight Inc

ALIT · NYSE · Technology / Software - Application

13.23USD+0.71 (+5.67%)

Price History

Full chart

Market Stats

Previous Close12.52
Open12.40
Day Range12.38 – 13.72
52-Week Range9.58 – 66.53
Volume364.38K
Market Cap405.69M
P/E (TTM)0.00
Forward P/E4.93
EPS-76.30
Dividend Yield16.84%
Beta1.57
50-Day Avg15.16
200-Day Avg19.83

About

Alight, Inc. a technology-enabled services company worldwide. The company provides Alight Worklife, an intuitive, cloud-based employee engagement platform. Its platform services include integrated benefits administration, healthcare navigation, financial wellbeing, leave of absence management, and retiree healthcare; and operates AI-led capabilities software. In addition, it offers a full-service customer care center helping them manage the full life cycle of their health, wealth, and wellbeing. Alight, Inc. was founded in 2020 and is headquartered in Chicago, Illinois.

Company Details

  • SectorTechnology
  • IndustrySoftware - Application
  • CEOMr. Rohit Verma
  • Employees9.50K
  • Headquarters320 South Canal Street, Chicago, IL, United States, 60606, USA
  • Websitehttps://www.alight.com

Leadership

  • Ms. Donna G. Dorsey J.D.Chief Human Resources Officer · b. 1971
  • Ms. Allison P. BassiouniChief Delivery Officer · b. 1976
  • Mr. Rohit VermaCEO & Director · b. 1975
  • Mr. Stephen Andrew LasherChief Financial Officer · b. 1969
  • Ms. Susan Dorrance DaviesChief Accounting Officer & Global Controller · b. 1969
  • Mr. Naveen BawejaChief Technology Officer
  • Mr. Jeremy CohenVice President of Investor Relations
  • Mr. Martin T. FelliChief Legal Officer & Corporate Secretary · b. 1968
  • Mr. Dinesh V. Tulsiani C.F.A.President of Employer Solutions · b. 1975
  • Mr. Stephen D. RushChief Commercial Officer · b. 1970

Financials

Income Statement

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue2.26B2.30B2.38B2.55B2.73B2.92B2.21B3.41B2.33B2.26B
Growth (%)-+1.81%+3.35%+7.32%+6.90%+6.85%-24.29%+54.51%-31.61%-3.00%
Cost of Revenue1.52B1.50B1.53B1.67B1.89B2.22B1.52B2.27B1.54B1.79B
Gross Profit736.00M803.00M851.00M883.00M834.00M693.00M686.00M1.14B794.00M469.00M
Gross Margin32.57%34.90%35.79%34.60%30.57%23.77%31.08%33.43%34.05%20.73%
Operating Expense533.00M613.00M647.00M618.00M687.00M499.00M780.00M1.24B884.00M435.00M
Operating Income203.00M190.00M204.00M265.00M147.00M194.00M-94.00M-101.00M-90.00M34.00M
Operating Margin8.98%8.26%8.58%10.38%5.39%6.66%-4.26%-2.96%-3.86%1.50%
EBITDA393.00M461.00M433.00M515.00M431.00M481.00M347.00M186.00M350.00M-2.56B
EBITDA Margin17.39%20.03%18.21%20.18%15.80%16.50%15.72%5.45%15.01%-113.31%
Net Income126.00M24.00M-21.00M22.00M-103.00M-60.00M-62.00M-345.00M-157.00M-3.10B
Net Income Margin5.58%1.04%-0.88%0.86%-3.78%-2.06%-2.81%-10.12%-6.73%-136.91%
Interest Expense--208.00M224.00M234.00M180.00M122.00M131.00M103.00M92.00M
Interest Expense % of Total Revenue--8.75%8.78%8.58%6.17%5.53%3.84%4.42%4.07%

Balance Sheet

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-6.26B5.68B6.59B6.96B10.99B11.23B10.78B8.19B4.57B
Total Liabilities-5.37B4.86B5.78B6.27B6.06B6.15B6.04B3.88B3.52B
Total Equity-887.00M818.00M805.00M683.00M4.14B4.44B4.46B4.31B1.04B
Cash-196.00M220.00M218.00M506.00M372.00M250.00M358.00M343.00M273.00M
Total Debt-3.46B3.46B4.06B4.36B3.11B3.00B2.92B2.16B2.12B
Net Debt-3.26B3.24B3.84B3.85B2.74B2.75B2.56B1.81B1.85B

Cash Flow

Currency: USD2016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow388.00M303.00M196.00M268.00M233.00M115.00M286.00M386.00M252.00M360.00M
Investing Cash Flow-75.00M-4.30B-130.00M-604.00M-1.38B-1.91B-235.00M-159.00M836.00M-123.00M
Financing Cash Flow-311.00M4.19B-538.00M420.00M463.00M2.34B54.00M-231.00M-1.07B-298.00M
Capital Expenditure77.00M57.00M80.00M77.00M90.00M114.00M148.00M140.00M121.00M110.00M
Free Cash Flow311.00M246.00M116.00M191.00M143.00M1.00M138.00M246.00M131.00M250.00M
Dividends Paid308.00M69.00M2.00M10.00M3.00M1.00M0021.00M86.00M
FCF to OCF80.15%81.19%59.18%71.27%61.37%0.87%48.25%63.73%51.98%69.44%
Dividend Paid to FCF99.04%28.05%1.72%5.24%2.10%100.00%0.00%0.00%16.03%34.40%

Earnings

Report DateJun 30, 2020Aug 4, 2020Nov 6, 2020Feb 26, 2021Jun 4, 2021Aug 12, 2021Nov 9, 2021Feb 23, 2022May 9, 2022Aug 3, 2022Nov 3, 2022Feb 21, 2023May 9, 2023Aug 1, 2023Nov 1, 2023Feb 21, 2024May 8, 2024Aug 6, 2024Nov 12, 2024Feb 19, 2025May 8, 2025Aug 5, 2025Nov 5, 2025Feb 19, 2026May 13, 2026Aug 4, 2026Nov 4, 2026
EPS Estimate0.000.00---0.112.400.181.932.371.260.202.462.472.525.142.452.230.090.222.002.090.114.680.060.520.87
EPS Actual-0.24-0.24-1.18-0.020.110.113.600.132.402.402.400.202.602.802.806.002.602.20-0.140.242.002.000.113.600.060.73-
Surprise-----3.82%50.00%-27.78%24.35%1.27%90.48%0.00%5.69%13.36%11.11%16.73%6.12%-1.35%-253.44%10.70%0.00%-4.31%0.00%-23.08%-2.91%40.38%-
Timing----After-hoursPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursPre-marketPre-marketPre-marketPre-market-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap405.69M
Enterprise Value2.22B
Trailing P/E0.00
Forward P/E4.93
Price / Sales0.18
Price / Book0.32
EPS-76.30
Book Value38.79
Revenue (TTM)2.23B
Gross Profit (TTM)837.00M
EBITDA465.00M
Profit Margin-90.90%
Operating Margin-4.70%
Return on Equity-97.28%
Return on Assets0.57%
Shares Outstanding26.42M
Shares Float21.63M
Beta1.57
Dividend Yield16.84%
Dividend Rate0.16
Payout Ratio17.78%

Analyst Ratings

Strong Buy
Based on 7 analystsTarget 17.00
  • Strong Buy
    5
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
76.83%
Insiders
5.82%
Retail / Other
17.35%

Top Institutional Holders

  • D. E. Shaw & Co LP
    25.65M97.09%
  • Fidelity National Title Group, Inc.
    22.30M84.41%
  • AQR Capital Management LLC
    21.15M80.06%
  • Two Sigma Investments LLC
    21.07M79.74%
  • Vanguard Capital Management, LLC
    19.32M73.12%
  • Private Management Group Inc
    16.78M63.51%
  • Vanguard Portfolio Management, LLC
    16.33M61.80%
  • MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.
    15.95M60.37%
  • The Goldman Sachs Group Inc
    14.99M56.75%
  • Geode Capital Management, LLC
    11.65M44.08%
  • CastleKnight Management LP
    11.27M42.64%
  • State Street Corp
    10.89M41.23%
  • Ameriprise Financial Inc
    10.40M39.38%
  • Neuberger Berman Group LLC
    9.16M34.68%
  • UBS Group AG
    8.95M33.86%
  • Charles Schwab Investment Management Inc
    8.68M32.86%
  • BW Gestao de Investimentos Ltda
    7.51M28.41%
  • Alyeska Investment Group, L.P.
    7.22M27.32%

Top Fund Holders

  • Vanguard Strategic Equity Inv
    4.89M18.52%
  • Vanguard Market Neutral I
    1.92M7.28%

Dividends

20254×
0.80Dec 1, 20250.80Sep 2, 20250.80Jun 2, 20250.80Mar 3, 2025
20241×
0.80Dec 2, 2024

Stock Splits

  • Jul 1, 20261:20