# Alliance Laundry Holdings (ALH.US)

Canonical: https://gigainvestors.com/s/ALH

Analysis as of: 2026-10-16T07:26:22.793Z. 

Listing currency: USD. Reporting currency: USD.

## Verdict

Not enough history yet

Quality tests for Buy: not passed (profit record: fail; earnings resilience is evidence only). Published buy qualification: no.

Share price: $20.93 per share; close as of 2026-10-15.

## Checklist

### understandable: na

### moat: na

### economics: na

### management: na

### accounting: na

## Holders

- [Dan Davidowitz](https://gigainvestors.com/pcm): tracked 13F investor; follow the investor page for holding quarter and amounts.

## Price story

Down 21% since Jun 2026 · "Can ALH's Raised 2026 Outlook Offset Its Fading Pricing Tailwinds?" (finance.yahoo.com, Aug 2026)

Story as of 2026-10-16T09:58:16.385Z; price observation 2026-10-15.

## Owner memo

Memo as of 2026-10-16T08:06:05.509Z.

### How it makes money

Operates in furnishings, fixtures & appliances; annual sales are USD 1.7 billion.

- Source: https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm (filed 2026-03-13); FY2025: revenue 1709237000; grossProfit 642104000; margin = grossProfit / revenue.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); ALH.US: Alliance Laundry Holdings Inc. designs, manufactures, and sells commercial laundry systems in the United States, the Czech Republic, Thailand, and internationally. The company offers washer extractors, top-load washers, and front-load washers; tumblers and small-chassis dryers; combination washer and dryer products; service parts and consumables; and equipment financing, laundromat site selection assistance, investment seminar training programs, computer-aided commercial laundry room design, sales and service training for distributors, technical assistance, and on-call installation and repair services. It also provides Speed Queen Insights, Huebsch Command, Primus i-Trace, and IPSO Connect, which offer performance reporting, issue and error alerts, machine control and programming, a mobile payment platform with an integrated loyalty program, and an integrated CRM and marketing system to vended laundry customers; UniMac Core, a cloud-based monitoring and reporting management tool that allows laundry managers to manage laundry operations from anywhere at any time; UniMac FireLinc system, a tool for digital record keeping simple and fire equipment bar code scanning; and a financing website that allows customers to manage bills, statements, and account balances. The company sells its products under the Speed Queen, Huebsch, UniMac, Primus, and IPSO brands. It distributes its products through a network of distributors and direct sales channels. The company serves healthcare facilities, fire stations, hotels, laundromats, communal laundry facilities, and other commercial applications, as well as household and individual users. The company was formerly known as ALH Holding Inc. and changed its name to Alliance Laundry Holdings Inc. in August 2025. Alliance Laundry Holdings Inc. was founded in 1908 and is headquartered in Ripon, Wisconsin.

### Why customers stay

Margins ranged from 31.4% to 37.6% during 2023–25.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2023: grossProfit / revenue = 31.4%.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2024: grossProfit / revenue = 33.6%.

- Source: https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm (filed 2026-03-13); FY2025: grossProfit / revenue = 37.6%.

### Where the cash goes

Reinvests 8.9% of cash earnings; paid dividends in 1 of 4 years.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2022: growth capex 0; upkeep 25437000; owner earnings 161504000. Growth capex / owner earnings = 0.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2023: growth capex 0; upkeep 32686000; cash acquisitions 15114000; owner earnings 144294000. Growth capex plus acquisitions / owner earnings = 0.10474448001995924.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); FY2024: growth capex 0; upkeep 43485000; cash acquisitions 27948000; owner earnings 145049000. Growth capex plus acquisitions / owner earnings = 0.1926797151307489.

- Source: https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm (filed 2026-03-13); FY2025: growth capex 0; upkeep 53668000; cash acquisitions 12619000; owner earnings 141788000. Growth capex plus acquisitions / owner earnings = 0.08899906903264028.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); Dividend observations: [[2022,0],[2023,0],[2024,265940000],[2025,0]]. Zero only counted when supported by a complete cash-flow statement.

- Source: https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm (filed 2026-03-13); FY2025: cash repurchases 6205000 USD.

### Are managers owners

Insiders own 7% of the company.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-10-16); ALH.US SharesStats.PercentInsiders = 7.011000000000001 percentage points; cache date 2026-10-16.

### What could break it

US import tariffs could raise product costs.

- Source: https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm (filed 2026-03-13); The impact of such regulations may result in a limited

pool of acceptable suppliers, and we cannot guarantee that we will be able to obtain products in sufficient quantities at

competitive prices and of similar quality. Additionally, because our supply chain is complex, we may face regulatory

challenges in complying with applicable sanctions and trade regulations and reputational challenges with our consumers

and other stakeholders if we are unable to sufficiently verify the origins of the materials used in the products we sell. See

“Item 1A. Risk Factors - Risks Relating to Our Business—Tariffs and other trade restrictions could adversely affect our

business and financial results, and we may not be able to raise prices sufficiently to offset increased costs caused by any

such tariffs” for more information on tariff-related risks. Even if we comply with applicable regulations, we may be subject

to additional expectations and scrutiny from investors, business partners, wholesale partners, consumers or other

stakeholders on our environmental and human rights practices. These expectations are evolving quickly, and, as a result,

certain of our actions or decisions, either currently or in the future, may be perceived to not align with best practices or as

otherwise inconsistent with stakeholder expectations, which could damage our reputation and adversely impact our

business. See “Item 1A. Risk Factors - Risks Relating to Government Regulation and Litigation—We are subject to risks

related to environmental, social and governance (“ESG”) and sustainability laws, regulations, policies and initiatives.”

Further, if any distributors, route operators, suppliers, retailers or servicers are unable or unwilling to perform

according to the negotiated terms and timetable of its respective agreement for any reason or if any terminates its

agreement, we would be required to engage a substitute distributor, supplier, retailer or servicer. This would likely result in

significant project delays and increased costs, which could have a material adverse effect on our business, financial

condition, results of operations and cash flows.

We do not have long-term purchase commitments from our distributors, suppliers and retailers and may have to rely on

distributor, supplier and retailer forecast in making production decisions, and any cancellation of purchase

commitments or orders may result in the waste of raw materials or work in process associated with those orders,

reducing both our revenues and profitability.

A variety of conditions, both specific to our distributors and generally affecting the demand for these products, may

cause our distributors to cancel, reduce or delay orders. Cancellations, reductions or delays by a significant distributor or a

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### What the price says

The price is 2.2 times annual sales.

- Source: https://eodhd.com/financial-apis/stock-etfs-fundamental-data-feeds/ (filed 2026-03-13); Closing price 20.93 USD; reporting-to-trading FX 1; FY2025 annual sales per share 9.420265117734948; price multiple 2.2218058343810716. FY2025 cash earnings/share 0.7814484185127064. Closing-price date 2026-10-15.

## Monthly share-price history (USD per share)

- 2025-10: $26.50 per share

- 2025-11: $23.77 per share

- 2025-12: $20.35 per share

- 2026-01: $22.08 per share

- 2026-02: $22.43 per share

- 2026-03: $20.74 per share

- 2026-04: $25.37 per share

- 2026-05: $25.25 per share

- 2026-06: $26.52 per share

- 2026-07: $26.37 per share

- 2026-08: $22.91 per share

- 2026-09: $21.30 per share

- 2026-10: $20.93 per share

## Annual estimated value (USD per share)

Historical values use today's bond yield for every fiscal year

Historical values use today's FX rate into trading currency for every fiscal year

Historical values use current restated fundamentals and current commodity classification; they are not point-in-time estimates

## Sources

[Original 10-K filing](https://www.sec.gov/Archives/edgar/data/1317685/000131768526000011/all-20251231.htm); period 2025-12-31, filed 2026-03-13.

Estimates depend on assumptions and are not guarantees or investment advice. Underlying data remains subject to its source licenses; public reading does not grant bulk redistribution rights.