Alliance Laundry Holdings Inc. (ALH) Stock Price & How to Invest

Last updated July 2026

Short answer

ALH is Alliance Laundry Holdings, the Ripon, Wisconsin manufacturer of commercial washers and dryers sold under the Speed Queen, UniMac, Huebsch, Primus and IPSO brands, trading on the NYSE since its October 2025 IPO. Exposure here is to the replacement cycle behind laundromats, apartment laundry rooms and hotel back-of-house, priced at roughly ~37x trailing earnings on ~$1.75 billion of trailing revenue.

ALH stock price

As of 2026-08-07, Alliance Laundry Holdings Inc. (ALH) last closed at $27.77, up 11.9% over the past year. Over its trading history so far it has traded between $19.06 and $28.01.

ALH last close
$27.77
1 day
+0.84%
1 month
+9.20%
1 year
+11.89%
Range since listing
$19.06 to $28.01
Last close
2026-08-07

Prices are daily closing prices from Yahoo Finance and may be delayed. For the live quote, check your broker or Alliance Laundry Holdings Inc.'s investor relations page. Walnut is informational, not investment advice.

What does Alliance Laundry Holdings Inc. (ALH) do?

Alliance Laundry Holdings designs and builds commercial laundry equipment at scale, from the coin and card operated washers in a neighborhood laundromat to the tunnel and barrier machines that run a hospital linen room. Founded in 1908 and headquartered in Ripon, Wisconsin, it sells five brands (Speed Queen, UniMac, Huebsch, Primus and IPSO) through a network of independent distributors into roughly ~150 countries with about ~4,000 employees. Reporting splits into two segments, North America and International, while the end customers fall into four channels: vended laundromats, multi-housing laundry rooms in apartment buildings, universities and military housing, on-premise laundries inside hotels, hospitals and nursing homes, and dry cleaners. Speed Queen also carries a home laundry line built on the same commercial chassis, which is why the brand shows up in residential appliance comparisons.

The investment picture starts with the capital structure. Alliance priced an upsized IPO at ~$22 per share on October 8, 2025, raising ~$826 million gross across primary and secondary shares, with about ~$495.7 million of company proceeds applied to the term loan that stood at ~$2.075 billion as of June 30, 2025. Prepayments have continued (~$135 million in September 2025 and ~$65 million during the first quarter of 2026), Moody's upgraded the credit ratings on the deleveraging, and falling interest expense is the single largest reason first quarter 2026 net income reached ~$56.9 million against ~$17 million a year earlier. Operations are steady rather than dramatic: first quarter revenue of ~$427 million was up ~10%, but only about ~3 percentage points came from volume, with pricing and roughly ~1 point of currency doing the rest. At ~$27.77 per share and a ~$5.5 billion market capitalization, the stock sits near the top of its ~$18.64 to ~$28.23 range since listing, on a trailing multiple of about ~37x earnings.

What's driving Alliance Laundry Holdings Inc. (ALH)?

1. Replacement demand from a large installed base

Commercial washers and dryers are bought on a duty cycle, not a fashion cycle, and machines running in laundromats and hospital linen rooms wear out on a predictable schedule. That gives Alliance a recurring stream of equipment replacement plus aftermarket parts and service revenue routed through its distributors. It is the reason a manufacturer in a low-growth end market can post ~25.5% adjusted EBITDA margins.

2. Pricing power and mix over unit growth

Of the ~10% revenue growth in the first quarter of 2026, roughly ~3 points came from volume and the balance from pricing actions plus about ~1 point of foreign exchange. Alliance has been able to push list prices through the distributor channel because equipment downtime costs an operator revenue directly. Management raised the low end of full year 2026 guidance to ~6% to 7% revenue growth and ~7% to 8% adjusted EBITDA growth.

3. Debt paydown transferring value to equity

The term facility was ~$2.075 billion before the IPO, and the combination of ~$495.7 million in primary proceeds, a ~$135 million voluntary prepayment in September 2025 and ~$65 million more in the first quarter of 2026 has cut interest expense materially. Moody's upgraded the credit ratings citing consistent deleveraging and steady organic growth. Every dollar of avoided interest lands in net income without needing a single extra machine sold.

4. Digital payments and distributor consolidation

ScanPay Wash, the cashless payment product for vended locations, is the clearest attempt to attach software economics to a hardware installed base, and management flagged adoption momentum in the first quarter of 2026. Alliance also bought a distributor in New York during the quarter, taking direct control of one of its larger commercial markets. Both moves push the company closer to the operator and further from a pure equipment vendor.

What are the risks to Alliance Laundry Holdings Inc. (ALH)?

Price-driven growth is the central question: if roughly ~7 points of a ~10% revenue increase come from pricing, the comparison gets harder once those increases anniversary. Laundromat owners and small multi-housing operators finance equipment, so capex decisions are sensitive to interest rates and small-business credit availability, and a pause shows up in orders quickly. Steel and component costs plus tariff exposure sit directly in the gross margin of a metal-intensive product. BDT & MSD sold ~13.2 million shares in the IPO and remains a large holder, so future secondary offerings are a live supply consideration. Finally, ALH has a short public record (first quarter 2026 was only its second full reported quarter, with second quarter results due August 13, 2026), and a trailing multiple near ~37x prices in execution against a US commercial laundry appliance market growing at roughly ~4% a year.

What is the Alliance Laundry Holdings Inc. (ALH) forecast?

8 analysts publish price targets on ALH, averaging $31.50 against a $27.77 price as of August 2026, or +13.4%. The published targets run from $28.00 to $37.00, a narrow spread, and the ratings split 7 buy, 1 hold, 0 sell. Over the last six months there have been 4 raises and 1 cut among the published actions. A price target is what an analyst published on a date, not a prediction, and sell-side ratings skew positive across the whole market.

Read the full ALH forecast and price target for the target table, the recent rating actions by firm, and how the consensus has shifted.

Is ALH a buy or a sell?

We give no verdict on Alliance Laundry Holdings Inc.. Both cases are real, which is why the question is contested at all, so here is the strongest version of each.

The case for buying. Replacement demand from a large installed base. Commercial washers and dryers are bought on a duty cycle, not a fashion cycle, and machines running in laundromats and hospital linen rooms wear out on a predictable schedule. The most optimistic published target, $37.00, assumes this works close to its best case.

The case against. Price-driven growth is the central question: if roughly ~7 points of a ~10% revenue increase come from pricing, the comparison gets harder once those increases anniversary. The most pessimistic target, $28.00, is roughly what ALH is worth if this bites instead.

Read the full bull and bear case on ALH, including what would have to change to break either one. Walnut is not an investment adviser.

How is Alliance Laundry Holdings Inc. (ALH) valued? (approximate, August 2026)

A simple financial snapshot. These are approximations and refresh quarterly; for current figures see Alliance Laundry Holdings Inc.'s investor relations page or your broker.

  • Revenue (TTM): ~$1.75 billion, up ~13.9%
  • Net income (TTM): ~$141 million, up ~73%
  • Q1 2026 revenue: ~$427 million, up ~10% from ~$390 million
  • Q1 2026 adjusted EBITDA: ~$109 million at a ~25.5% margin
  • Market capitalization: ~$5.5 billion at about ~$27.77 per share
  • Trailing P/E: ~37x, with no dividend

The earnings jump is only partly operational: first quarter 2026 net income of ~$56.9 million against ~$17 million a year earlier reflects lower interest expense after ~$65 million of voluntary term loan prepayments as much as it reflects equipment demand. Diluted EPS was ~$0.28 for the quarter. The stock trades near its post-IPO high of ~$28.23 against a ~$22 offer price from October 2025, and Citi carries a ~$31 target, so the sell-side case rests on guidance holding rather than on multiple expansion.

Who competes with Alliance Laundry Holdings Inc. (ALH)?

Diversified appliance makers with commercial lines

Whirlpool competes through Maytag Commercial Laundry, Electrolux Professional runs a dedicated professional business, and Miele and LG sell commercial-rated machines into on-premise and multi-housing accounts. These rivals can subsidize commercial pricing with consumer scale and share components across a much larger volume base, which caps how far Alliance can push price in contested channels.

Focused commercial laundry specialists

Dexter Laundry, the employee-owned Fairfield, Iowa manufacturer, and Continental Girbau compete hardest in the vended laundromat channel where distributor relationships and machine durability decide the sale. Laundrylux serves the same operators as an importer and distributor rather than a manufacturer. They are smaller than Alliance but concentrated in exactly the segment that carries its best margins.

Outsourced laundry services as substitution

Cintas, UniFirst and Aramark take linen and uniform processing off site for hotels, restaurants and healthcare facilities, which removes the reason to buy on-premise equipment at all. Every account that outsources is a machine sale Alliance does not make, and the reverse holds when operators insource to control cost. This is the demand channel most likely to shift with labor costs rather than with equipment pricing.

What stocks are similar to Alliance Laundry Holdings Inc. (ALH)?

Other names that sit close to ALH: same theme, named as a direct competitor, or held beside it in the same funds. Each entry says which. Worth a look if you are thinking about diversification within a thesis rather than concentration on one ticker.

How to invest in Alliance Laundry Holdings Inc. (ALH)

There are three common ways to get ALH exposure. Buy shares (or fractional shares) directly at any major broker. Hold an ETF that includes it, which spreads the position across many companies. Or build it into a focused thematic portfolio, so ALH sits alongside other stocks that express the same thesis.

Walnut takes the portfolio route. Describe a thesis where ALH fits (for example “AI infrastructure” or “dividend-growth large-caps”) and the AI proposes 5 to 6 constituents with target weights. You review the plan and fund it through your own broker when you're ready.

New to this? Start with how to invest in stocks, see how to analyze a stock with AI, or compare the best AI stock analyzers.

The bottom line on Alliance Laundry Holdings Inc. (ALH)

ALH is a ~118-year-old commercial laundry manufacturer with ~25.5% adjusted EBITDA margins and a shrinking debt load, now carrying a growth-company multiple on a market that expands at roughly ~4% a year.

More on Alliance Laundry Holdings Inc. (ALH)

Whether ALH is worth buying today depends more on your time horizon and what you already hold than on any single call. We walk through valuation, what would have to go right, and the risks in is ALH a buy or a sell?, and where the stock could go from here in the ALH stock forecast.

For income investors, whether ALH pays a dividend and how the payout looks is covered in does ALH pay a dividend? And to weigh ALH against a peer, read the full side-by-side comparisons: ALH vs WHR and ALH vs CTAS.

Wondering how ALH fits the portfolio you already own? Walnut is an AI investing app that connects your brokerage read-only and answers questions like that about your actual holdings: overlap, concentration, and how each position tracks the S&P 500. Compare the best AI portfolio analyzers or see the best AI investing apps in 2026.

Investing in Alliance Laundry Holdings Inc. with AI

Connect the broker you already use and ask Walnut's AI how ALH fits what you actually hold: whether you own it already through a fund, what it would do to your concentration, and how it has tracked the S&P 500. Read-only by default, and you approve anything before it reaches your broker.

FAQ

What does Alliance Laundry Holdings actually do?

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It manufactures commercial washers, dryers, tunnel systems and finishing equipment, sold under Speed Queen, UniMac, Huebsch, Primus and IPSO through independent distributors in roughly ~150 countries. Customers are laundromats, apartment and university laundry rooms, hotels, hospitals, nursing homes and dry cleaners. Speed Queen also sells a residential line built on commercial parts.

Is ALH listed on the NYSE or Nasdaq?

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ALH trades on the New York Stock Exchange. It began trading on October 9, 2025 after pricing an upsized IPO at ~$22 per share the previous day, at the high end of a ~$19 to ~$22 range.

How large is ALH and how fast is it growing?

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Trailing twelve month revenue is about ~$1.75 billion with trailing net income near ~$141 million, and the market capitalization sits around ~$5.5 billion. Full year 2026 guidance calls for ~6% to 7% revenue growth and ~7% to 8% adjusted EBITDA growth, with the low end raised after the first quarter.

Does ALH pay a dividend?

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No dividend is being paid as of August 2026. Cash generation has gone toward reducing the term loan, including a ~$135 million voluntary prepayment in September 2025 and ~$65 million more during the first quarter of 2026, which is what drove the Moody's credit upgrade.

Is Speed Queen the same company as ALH?

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Speed Queen is one of Alliance Laundry's five brands, not a separate public company. It is the consumer-facing name, which is why shoppers encounter it in home washer comparisons while the same corporate parent sells UniMac, Huebsch, Primus and IPSO into commercial channels.

How much debt does ALH carry?

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The term facility stood at ~$2.075 billion as of June 30, 2025, maturing in August 2031, before roughly ~$495.7 million of IPO proceeds and subsequent voluntary prepayments were applied against it. Falling interest expense is a large part of why reported net income rose so sharply year over year.

What would make the ALH thesis break?

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The main pressure points are pricing comparisons getting harder once 2025 and 2026 increases anniversary, laundromat and multi-housing operators deferring equipment purchases when financing costs rise, steel and tariff exposure in gross margin, and additional share sales by BDT & MSD, which remains a large holder after selling ~13.2 million shares in the IPO.

How would someone hold ALH inside a thematic group?

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ALH fits an industrial or capital-equipment grouping rather than a technology one, since the return depends on replacement cycles and pricing rather than on adoption curves. In Walnut you can set it as one constituent with a target weight alongside other equipment manufacturers, then place orders against those targets through a connected broker. Nothing here is a recommendation to hold it.

Walnut is informational, not investment advice. Financial figures on this page are approximations; always verify current numbers with Alliance Laundry Holdings Inc.'s investor relations page or your broker before making investment decisions.