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Side-by-side financial comparison of ADVANCE AUTO PARTS INC (AAP) and Alignment Healthcare, Inc. (ALHC). Click either name above to swap in a different company.
ADVANCE AUTO PARTS INC is the larger business by last-quarter revenue ($2.0B vs $1.2B, roughly 1.6× Alignment Healthcare, Inc.). Alignment Healthcare, Inc. runs the higher net margin — 0.9% vs 0.3%, a 0.6% gap on every dollar of revenue. On growth, ADVANCE AUTO PARTS INC posted the faster year-over-year revenue change (130.1% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -15.7%).
Advance Auto Parts, Inc. is an American automotive aftermarket parts provider. Headquartered in Raleigh, North Carolina, it serves professional installer and do it yourself (DIY) customers.
Alignment Healthcare, Inc. is a U.S.-based healthcare provider offering Medicare Advantage plans for seniors. It adopts a value-based care model, partnering with local providers to deliver personalized coordinated medical services, prescription drug coverage and supplemental benefits to members across multiple U.S. states.
AAP vs ALHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | ||
|---|---|---|
| Revenue | $2.0B | $1.2B |
| Net Profit | $6.0M | $11.4M |
| Gross Margin | 44.1% | — |
| Operating Margin | 2.2% | — |
| Net Margin | 0.3% | 0.9% |
| Revenue YoY | 130.1% | -74.7% |
| Net Profit YoY | 101.4% | — |
| EPS (diluted) | $0.10 | — |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $2.0B | $1.2B | ||
| Q4 25 | $2.0B | $1.0B | ||
| Q3 25 | $2.0B | $993.7M | ||
| Q2 25 | $2.6B | $1.0B | ||
| Q1 25 | — | $926.9M | ||
| Q4 24 | $2.1B | $701.2M | ||
| Q3 24 | $2.2B | $692.4M | ||
| Q2 24 | $2.8B | $681.3M |
| Q1 26 | $6.0M | $11.4M | ||
| Q4 25 | $-1.0M | $-11.0M | ||
| Q3 25 | $15.0M | $3.7M | ||
| Q2 25 | $24.0M | $15.7M | ||
| Q1 25 | — | $-9.1M | ||
| Q4 24 | $-6.0M | $-31.1M | ||
| Q3 24 | $45.0M | $-26.4M | ||
| Q2 24 | $40.0M | $-24.0M |
| Q1 26 | 44.1% | — | ||
| Q4 25 | 43.3% | — | ||
| Q3 25 | 43.5% | — | ||
| Q2 25 | 42.9% | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 42.3% | — | ||
| Q3 24 | 43.6% | — | ||
| Q2 24 | 43.4% | — |
| Q1 26 | 2.2% | — | ||
| Q4 25 | 1.1% | -1.0% | ||
| Q3 25 | 1.1% | 0.8% | ||
| Q2 25 | -5.1% | 2.2% | ||
| Q1 25 | — | -0.6% | ||
| Q4 24 | — | -3.2% | ||
| Q3 24 | 2.5% | -2.8% | ||
| Q2 24 | 1.9% | -2.7% |
| Q1 26 | 0.3% | 0.9% | ||
| Q4 25 | -0.0% | -1.1% | ||
| Q3 25 | 0.7% | 0.4% | ||
| Q2 25 | 0.9% | 1.5% | ||
| Q1 25 | — | -1.0% | ||
| Q4 24 | -0.3% | -4.4% | ||
| Q3 24 | 2.1% | -3.8% | ||
| Q2 24 | 1.4% | -3.5% |
| Q1 26 | $0.10 | — | ||
| Q4 25 | $-0.02 | $-0.04 | ||
| Q3 25 | $0.25 | $0.02 | ||
| Q2 25 | $0.40 | $0.07 | ||
| Q1 25 | — | $-0.05 | ||
| Q4 24 | $-0.10 | $-0.15 | ||
| Q3 24 | $0.75 | $-0.14 | ||
| Q2 24 | $0.67 | $-0.13 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.1B | $705.6M |
| Total DebtLower is stronger | $3.4B | — |
| Stockholders' EquityBook value | $2.2B | $206.9M |
| Total Assets | $11.8B | $1.3B |
| Debt / EquityLower = less leverage | 1.55× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $3.1B | $705.6M | ||
| Q4 25 | $3.2B | $604.2M | ||
| Q3 25 | $1.7B | $644.1M | ||
| Q2 25 | $1.7B | $503.8M | ||
| Q1 25 | — | $479.5M | ||
| Q4 24 | $464.5M | $470.6M | ||
| Q3 24 | $479.4M | $381.0M | ||
| Q2 24 | $451.0M | $363.7M |
| Q1 26 | $3.4B | — | ||
| Q4 25 | $3.4B | $323.2M | ||
| Q3 25 | $1.8B | $322.7M | ||
| Q2 25 | $1.8B | $322.3M | ||
| Q1 25 | — | $321.9M | ||
| Q4 24 | $1.8B | $321.4M | ||
| Q3 24 | $1.8B | $212.0M | ||
| Q2 24 | $1.8B | $211.7M |
| Q1 26 | $2.2B | $206.9M | ||
| Q4 25 | $2.2B | $179.3M | ||
| Q3 25 | $2.2B | $161.9M | ||
| Q2 25 | $2.2B | $141.0M | ||
| Q1 25 | — | $108.1M | ||
| Q4 24 | $2.6B | $99.9M | ||
| Q3 24 | $2.6B | $114.5M | ||
| Q2 24 | $2.6B | $123.7M |
| Q1 26 | $11.8B | $1.3B | ||
| Q4 25 | $12.1B | $1.1B | ||
| Q3 25 | $10.5B | $1.1B | ||
| Q2 25 | $10.6B | $1.0B | ||
| Q1 25 | — | $895.6M | ||
| Q4 24 | $12.5B | $782.1M | ||
| Q3 24 | $12.3B | $692.3M | ||
| Q2 24 | $12.2B | $716.3M |
| Q1 26 | 1.55× | — | ||
| Q4 25 | 1.55× | 1.80× | ||
| Q3 25 | 0.81× | 1.99× | ||
| Q2 25 | 0.81× | 2.29× | ||
| Q1 25 | — | 2.98× | ||
| Q4 24 | 0.69× | 3.22× | ||
| Q3 24 | 0.69× | 1.85× | ||
| Q2 24 | 0.70× | 1.71× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $72.0M | $128.7M |
| Free Cash FlowOCF − Capex | $-21.0M | — |
| FCF MarginFCF / Revenue | -1.1% | — |
| Capex IntensityCapex / Revenue | 4.7% | — |
| Cash ConversionOCF / Net Profit | 12.00× | 11.27× |
| TTM Free Cash FlowTrailing 4 quarters | $-298.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $72.0M | $128.7M | ||
| Q4 25 | $-12.0M | $-50.4M | ||
| Q3 25 | $50.0M | $144.6M | ||
| Q2 25 | $-156.0M | $29.1M | ||
| Q1 25 | — | $16.6M | ||
| Q4 24 | $70.0M | $-8.7M | ||
| Q3 24 | $85.0M | $26.2M | ||
| Q2 24 | $3.0M | $23.5M |
| Q1 26 | $-21.0M | — | ||
| Q4 25 | $-76.0M | $-55.4M | ||
| Q3 25 | $-3.0M | $139.1M | ||
| Q2 25 | $-198.0M | $21.1M | ||
| Q1 25 | — | $8.4M | ||
| Q4 24 | $27.0M | $-18.0M | ||
| Q3 24 | $44.0M | $16.9M | ||
| Q2 24 | $-43.0M | $11.8M |
| Q1 26 | -1.1% | — | ||
| Q4 25 | -3.7% | -5.5% | ||
| Q3 25 | -0.1% | 14.0% | ||
| Q2 25 | -7.7% | 2.1% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | 1.3% | -2.6% | ||
| Q3 24 | 2.0% | 2.4% | ||
| Q2 24 | -1.6% | 1.7% |
| Q1 26 | 4.7% | — | ||
| Q4 25 | 3.1% | 0.5% | ||
| Q3 25 | 2.6% | 0.6% | ||
| Q2 25 | 1.6% | 0.8% | ||
| Q1 25 | — | 0.9% | ||
| Q4 24 | 2.0% | 1.3% | ||
| Q3 24 | 1.9% | 1.3% | ||
| Q2 24 | 1.7% | 1.7% |
| Q1 26 | 12.00× | 11.27× | ||
| Q4 25 | — | — | ||
| Q3 25 | 3.33× | 38.77× | ||
| Q2 25 | -6.50× | 1.86× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 1.89× | — | ||
| Q2 24 | 0.07× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.