Alight, Inc. / Delaware (ALIT) Stock — Forensic Analysis, Red Flags & Rating | Stockonomy · Stockonomy
Forensic Analysis · General / Diversified · as of Jul 2, 2026
Alight, Inc. / Delaware (ALIT)
A forensic read on Alight, Inc. / Delaware built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
D · Weak — demands caution
Forensic grade
Distress
Financial health
-6.5
Altman Z-score
Clean
Earnings quality
3
Forensic signals
-171.9%
ROE
$7.4B
Market cap
21.61%
Dividend yield
Alight, Inc. / Delaware earns a D (Weak — demands caution) forensic quality grade, and its Altman Z-score is -6.5, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by return on invested capital.
What the filings flag
-71%Return on invested capital.Return on invested capital is -71% and slipping from -1% — well below its ~9% cost of capital, so reinvested dollars may be destroying value, not building it.
+5.0%/yrShare-count dilution.Diluted share count changed +15% over the last 3 years to FY2025 (+5.0%/yr). The count is GROWING — existing holders are being diluted. That's ~5.0% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~15%.
$3.1BGoodwill impairments.Took $3.1B of goodwill writedowns across 1 year(s) (FY2025 ($3.1B)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-136.9%
Debt / Equity1.92x
Free Cash Flow$250.0M
Latest Revenue$2.26B
Return on Equity-296.6%
Revenue Growth YoY-3.0%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on Alight, Inc. / Delaware:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about ALIT's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown