Alliance Laundry Holdings Inc. (ALH)
Alliance Laundry Holdings Inc. is a global entity focused on the development, production, and distribution of commercial-grade laundry solutions and essential components. Their comprehensive product line features industrial washing machines, drying equipment, and replacement parts, complemented by digital offerings and financing assistance for clients. The company leverages a robust network of independent distributors, as well as direct sales channels, to bring its products to market. These specialized laundry systems serve a wide array of commercial settings, including medical facilities, fire departments, hospitality venues, self-service laundromats, shared residential laundry areas, and various other business applications. Founded in 1908, with its main office located in Ripon, Wisconsin, the company formerly operated as ALH Holding Inc., officially transitioning to its present name, Alliance Laundry Holdings Inc., in August 2025.
Sector: Refrigeration & Service Industry Machinery
Industry: Industrial - Machinery
Alliance Laundry Holdings Inc.
NYSE:ALHConsumer Cyclical · Furnishings, Fixtures & Appliances
-0.65%$21.30
AH Close$21.30+0.00%vs close
AH Close$21.30+0.00%vs close
Mkt Cap$4.23B
Float43.37M
O/S198.79M
Inst Own100.0%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.71B
Net Income$101.75M
Total Assets$2.89B
Free Cash Flow$158.02M
Debt & Equity
Debt 84%
Equity 16%
Total Debt$2B
Total Equity$392.12M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in ALH's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$2.89B
Liabilities$2.49B
Accounts Receivable$352.76M
Accounts Payable$130.51M
Inventory$146.86M
PP&E (Net)$285.99M
Goodwill$684.23M
Intangible Assets$754.74M
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Revenue | $1.71B | $1.51B | $1.37B | $1.38B |
| YoY Growth | 13.3% | 10.5% | -0.8% | - |
| Cost of Revenue | $1.07B | $1B | $936.91M | $1B |
| Gross Profit | $642.1M | $507.38M | $428.24M | $372.18M |
| Gross Margin | 37.6% | 33.6% | 31.4% | 27.0% |
| Research and Development | $0 | $22.8M | $22.8M | $20.3M |
| Selling, General, and Administrative | $324.74M | $200.69M | $170.7M | $162.31M |
| Other | $0 | -$7.14M | -$2.08M | -$1.83M |
| Total Operating Expenses | $324.74M | $216.34M | $191.43M | $180.78M |
| Operating Income (EBIT) | $317.37M | $291.04M | $236.81M | $191.41M |
| Operating Margin | 18.6% | 19.3% | 17.3% | 13.9% |
| Interest Expense | $150.5M | $142.82M | $126.66M | $84.08M |
| Interest Income | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$179.33M | -$167.59M | -$132.36M | -$75.38M |
| Income Before Tax (EBT) | $138.03M | $123.45M | $104.45M | $116.02M |
| Income Tax Expense | $36.28M | $25.13M | $16.23M | $16.37M |
| Net Income | $101.75M | $98.32M | $88.23M | $99.65M |
| Net Income Margin | 6.0% | 6.5% | 6.5% | 7.2% |
| Supplementary Data | ||||
| EPS | 0.52 | 0.53 | 0.73 | 0.82 |
| Diluted EPS | 0.52 | 0.53 | 0.72 | 0.80 |
| Weighted Average OS | 197.53M | 186.17M | 120.48M | 122.18M |
| EBITDA | $382.24M | $356.48M | $319.87M | $287.39M |
| EBITDA Margin | 22.4% | 23.6% | 23.4% | 20.9% |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Currency | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
| Assets | |||
| Current Assets | |||
| Cash and Cash Equivalents | $149.7M | $188.04M | $209.97M |
| Short-Term Investments | $0 | $0 | $0 |
| Cash and Short-Term Investments | $149.7M | $188.04M | $209.97M |
| Accounts Receivable | $352.76M | $317.3M | $317.96M |
| Inventory | $146.86M | $134.48M | $139.42M |
| Other Current Assets | $26.56M | $28.33M | $26.36M |
| Total Current Assets | $675.88M | $668.16M | $693.71M |
| Long-Term Assets | |||
| Property, Plant & Equipment Net | $285.99M | $265.42M | $264.88M |
| Goodwill | $684.23M | $666.58M | $660.11M |
| Intangible Assets | $754.74M | $793.67M | $835.91M |
| Long-Term Investments | $475.36M | $425.5M | $392.26M |
| Deferred Tax Assets | $3.17M | $3.22M | $4.03M |
| Other Long-Term Assets | $6.52M | $9.56M | $4.09M |
| Total Long-Term Assets | $2.21B | $2.16B | $2.16B |
| Other Assets | $0 | $0 | $0 |
| Total Assets | $2.89B | $2.83B | $2.85B |
| Liabilities | |||
| Current Liabilities | |||
| Accounts Payable | $130.51M | $143.15M | $133.6M |
| Short-Term Debt | $200.22M | $197.26M | $193.03M |
| Current Income Tax Payable | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 |
| Other Current Liabilities | $101.28M | $82.77M | $95.19M |
| Total Current Liabilities | $484.33M | $478.67M | $471.58M |
| Long-Term Liabilities | |||
| Long-Term Debt | $1.78B | $2.42B | $1.59B |
| Long-Term Unearned Revenue | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $169.35M | $171.1M | $204.01M |
| Other Long-Term Liabilities | $45.3M | $29.66M | $28.35M |
| Total Long-Term Liabilities | $2.01B | $2.63B | $1.83B |
| Other Liabilities | $0 | $0 | $0 |
| Total Liabilities | $2.49B | $3.11B | $2.3B |
| Stockholders' Equity | |||
| Preferred Stock | $0 | $0 | $0 |
| Common Stock | $1.98M | $13K | $13K |
| Retained Earnings | -$176.4M | $31.53M | $199.15M |
| Comprehensive Income & Other | $57.18M | -$1.75M | $25.62M |
| Other Stockholders' Equity | $566.55M | -$308.87M | $351.77M |
| Total Equity | $392.12M | -$277.33M | $550.93M |
| Minority Interest | $0 | $0 | $0 |
| Total Liabilities and Equity | $2.89B | $2.83B | $2.85B |
| Supplementary Data | |||
| Total Debt | $2B | $2.63B | $1.79B |
| Net Debt | $1.85B | $2.44B | $1.58B |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Currency | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
| Operating Activities | ||||
| Net Income | $101.75M | $98.32M | $88.23M | $99.65M |
| Depreciation & Amortization | $93.7M | $90.22M | $88.75M | $87.29M |
| Deferred Income Tax | -$3.34M | -$31.58M | -$31.1M | -$15.48M |
| Stock-Based Compensation | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | ||||
| Accounts Receivable | -$54.59M | -$25.36M | -$7.43M | -$35M |
| Inventory | -$6.33M | $5.83M | $29.39M | -$19.95M |
| Accounts Payable | -$13.5M | $5.58M | -$10.88M | -$12.14M |
| Other Working Capital | $24.32M | -$11.78M | $25.91M | $3.23M |
| Total Working Capital Change | -$50.1M | -$25.72M | $36.99M | -$63.87M |
| Other Non-Cash Items | $69.67M | $14.23M | $25.85M | -$2.53M |
| Net Cash from Operating | $211.69M | $145.46M | $208.72M | $105.06M |
| Investing Activities | ||||
| Capital Expenditures | -$53.67M | -$43.48M | -$32.69M | -$25.44M |
| Acquisitions | -$12.33M | -$25.52M | -$15.06M | -$7.95M |
| Purchases of Investments | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 |
| Other Investing Activities | -$25.65M | -$18.76M | -$4.26M | $29.03M |
| Net Cash from Investing | -$91.65M | -$87.76M | -$52M | -$4.36M |
| Financing Activities | ||||
| Debt Repaid | $647.15M | -$827.1M | $72.73M | -$1.95M |
| Common Stock Issuance | $503.23M | $111K | $24K | $1.01M |
| Common Stock Repurchases | -$6.21M | -$1.45M | -$18.95M | -$66.5M |
| Dividends Paid | $0 | -$265.94M | $0 | $0 |
| Other Financing Activities | -$7.78M | -$635.2M | -$195K | -$12.18M |
| Net Cash from Financing | -$157.91M | -$75.37M | -$91.86M | -$75.73M |
| Forex Effect | -$467K | -$4.25M | $145.11M | -$24.97M |
| Net Change in Cash | -$38.34M | -$21.93M | $209.97M | $0 |
| Supplementary Data | ||||
| Operating Cash Flow | $211.69M | $145.46M | $208.72M | $105.06M |
| Capital Expenditure | -$53.67M | -$43.48M | -$32.69M | -$25.44M |
| Free Cash Flow | $158.02M | $101.97M | $176.03M | $79.62M |
| Cash at Beginning | $188.04M | $209.97M | $0 | $0 |
| Cash at End | $149.7M | $188.04M | $209.97M | $0 |