Alliance Laundry Holdings

ALH on NYSE. Alliance Laundry Holdings sells commercial laundry systems to hotels, hospitals, laundromats, and other facilities. Market value $4.2bn.

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Price checks use the past 12 months to June 2026. Quality checks use five annual reports, the latest for the year to December 2025.

Should I look at this?

Not a fit for our list right now

See Industrials stocks that passed both tests

This is not advice. Check the numbers below.

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Cash yield
past 12 months to June 2026
6.0%fair

For every $100 of what the whole company costs, it produced $5.97 of spare cash in the past 12 months. A savings account pays about $4.

Price to profit
past 12 months to June 2026
12.2×fair

You pay 12.2 years of operating profit for the business. The average large US company costs around 18.

Return on capital
five annual reports to December 2025
n/a

The filings do not give us enough to work this out.

Quality score: not known. Price score: 89 of 100. Our list needs 70 on quality and 60 on price.

$21.59 a share, 16% above its 1-year low

Over the past year the price has ranged from $18.64 to $28.23.

Pays no dividend

Prices from Tuesday’s close (6 October).

Five years of cash, in billions

0.2
0.3
202512 monthsto Jun '26

Spare cash swings from quarter to quarter here: $256 million in the past 12 months, $158 million in the year to December 2025.

Revenue
$1.7bn
Operating margin
18.6%
Debt to equity
0.00
Shares outstanding
0.20bn

Health checks

  • Free cash flow positive1 of 1 years
  • Accounting looks honest (Beneish)Not enough data
  • Financial strength (Piotroski)Not enough data
  • Profit backed by cash (accruals)Not enough data
  • Debt0.00× equity
  • Revenue growth, five yearsUnknown
  • Buying back its own sharesRoughly flat

Dates

Next results (estimated)
n/a
Last annual report (10-K)
13 March 2026
Next quarterly (estimated, 10-Q)
12 November 2026

Who owns it

4 long-term investors we follow own it, up from 1 last quarter. 166 funds in all.

Dec '25
Jun '26
Largest holders overall

From 13F filings for the quarter ended 30 June 2026.

Big holders and activists

1 investor owns more than 5%.

From Schedule 13D and 13G filings: anyone owning more than 5% must file one.

What insiders did

In the last 12 months, 1 insider bought $99,990 of shares on the open market. 6 sold $1.0bn, $9m of it under preset trading plans.

  • Vleugels Jan Gommaar M.
    COO - INTERNATIONAL
    Sold
    under a preset trading plan
    Date
    15 September 2026
    Shares
    75,000
    Price
    $21.05
    Value
    $2m
  • BDT CAPITAL PARTNERS, LLC
    Director
    Sold
    Date
    20 August 2026
    Shares
    25,932,500
    Price
    $22.74
    Value
    $590m
  • Vleugels Jan Gommaar M.
    COO - INTERNATIONAL
    Sold
    under a preset trading plan
    Date
    17 August 2026
    Shares
    75,000
    Price
    $24.75
    Value
    $2m
  • Nolden Dean J
    CHIEF FINANCIAL OFFICER
    Sold
    under a preset trading plan
    Date
    5 August 2026
    Shares
    15,400
    Price
    $28.05
    Value
    $431,970
  • Nolden Dean J
    CHIEF FINANCIAL OFFICER
    Sold
    under a preset trading plan
    Date
    4 August 2026
    Shares
    4,600
    Price
    $28.05
    Value
    $129,030
  • Hannan Samantha Leigh
    CLO & CCO
    Sold
    under a preset trading plan
    Date
    3 August 2026
    Shares
    6,000
    Price
    $26.80
    Value
    $160,800
  • Kopetsky Amanda Brooke
    CHIEF HUMAN RESOURCES OFFICER
    Sold
    under a preset trading plan
    Date
    28 July 2026
    Shares
    13,472
    Price
    $27.00
    Value
    $363,744
  • Vleugels Jan Gommaar M.
    COO - INTERNATIONAL
    Sold
    under a preset trading plan
    Date
    15 July 2026
    Shares
    75,000
    Price
    $25.40
    Value
    $2m
  • Hannan Samantha Leigh
    CLO & CCO
    Sold
    under a preset trading plan
    Date
    1 July 2026
    Shares
    6,000
    Price
    $26.27
    Value
    $157,620
  • Kopetsky Amanda Brooke
    CHIEF HUMAN RESOURCES OFFICER
    Sold
    under a preset trading plan
    Date
    22 June 2026
    Shares
    12,747
    Price
    $27.04
    Value
    $344,679

From Form 4 filings: insiders must report trades in their own company's shares within two days.

Warning signs in its filings

Problems the company itself reported to the SEC, in its own words.

None of the warning signs we check for were found.

We look for five warning signs: doubt it can keep going, weak checks on its own accounts, a notice that its past accounts can't be relied on, a change of auditor, and one customer bringing in a big share of sales. We don't check lawsuits, investigations or debt yet.

We checked the auditor's report, internal controls, restatement notices, auditor changes and big customers in the 10-K filed 13 Mar 2026, plus the 10-Q filed 13 Aug 2026 and 5 later 8-Ks.

A 10-K is the yearly report every US company files with the SEC. An 8-K is a short notice of a big event.

What could go wrong

Cheap for a reason is the question the numbers cannot answer.

Whether the price already reflects the risks is what the deep dive is for.

The deep dive

Everything above is arithmetic on public filings. The deep dive reads the last ten years of annual reports, the proxy statements, and the earnings calls, then argues the case the way Buffett, Klarman, and Hohn would, and checks every claim against the source.

  • What the business is worth, as a range, and the margin of safety at today’s price
  • Prices to start buying, buy, and buy hard
  • The three things that would make this a mistake
  • Every number footnoted to the filing it came from
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What a finished deep dive looks like

Not advice. Numbers on this page come from SEC filings and are updated each night; prices are updated again after the US market closes. The five-year figures are rounded.