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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

Bigger by revenue
AAP
AAP
1.6× larger
AAP
$2.0B
$1.2B
ALHC
Growing faster (revenue YoY)
AAP
AAP
+204.8% gap
AAP
130.1%
-74.7%
ALHC
Higher net margin
ALHC
ALHC
0.6% more per $
ALHC
0.9%
0.3%
AAP
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
-15.7%
AAP

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AAP
AAP
ALHC
ALHC
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.

Revenue
AAP
AAP
ALHC
ALHC
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
Net Profit
AAP
AAP
ALHC
ALHC
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
Gross Margin
AAP
AAP
ALHC
ALHC
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%
Operating Margin
AAP
AAP
ALHC
ALHC
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%
Net Margin
AAP
AAP
ALHC
ALHC
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%
EPS (diluted)
AAP
AAP
ALHC
ALHC
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
AAP
AAP
ALHC
ALHC
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.

Cash + ST Investments
AAP
AAP
ALHC
ALHC
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
Total Debt
AAP
AAP
ALHC
ALHC
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
Stockholders' Equity
AAP
AAP
ALHC
ALHC
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
Total Assets
AAP
AAP
ALHC
ALHC
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
Debt / Equity
AAP
AAP
ALHC
ALHC
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
AAP
AAP
ALHC
ALHC
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.

Operating Cash Flow
AAP
AAP
ALHC
ALHC
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
Free Cash Flow
AAP
AAP
ALHC
ALHC
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
FCF Margin
AAP
AAP
ALHC
ALHC
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%
Capex Intensity
AAP
AAP
ALHC
ALHC
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%
Cash Conversion
AAP
AAP
ALHC
ALHC
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.

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