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Side-by-side financial comparison of Ameren (AEE) and Alignment Healthcare, Inc. (ALHC). Click either name above to swap in a different company.
Ameren is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.4× Alignment Healthcare, Inc.). Ameren runs the higher net margin — 14.2% vs 0.9%, a 13.3% gap on every dollar of revenue. On growth, Ameren posted the faster year-over-year revenue change (-8.2% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -0.9%).
Ameren Corporation, together with its subsidiaries, operates as a public utility holding company in the United States. It operates through four segments: Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas, and Ameren Transmission. The company engages in the rate-regulated electric generation, transmission, and distribution activities; and rate-regulated natural gas distribution and transmission businesses. It primarily generates electricity through coal, nucle...
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.
AEE vs ALHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.8B | $1.2B |
| Net Profit | $253.0M | $11.4M |
| Gross Margin | — | — |
| Operating Margin | 20.2% | — |
| Net Margin | 14.2% | 0.9% |
| Revenue YoY | -8.2% | -74.7% |
| Net Profit YoY | 21.6% | — |
| EPS (diluted) | $0.92 | — |
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 | — | $1.2B | ||
| Q4 25 | $1.8B | $1.0B | ||
| Q3 25 | $2.7B | $993.7M | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $2.1B | $926.9M | ||
| Q4 24 | $1.9B | $701.2M | ||
| Q3 24 | $2.2B | $692.4M | ||
| Q2 24 | $1.7B | $681.3M |
| Q1 26 | — | $11.4M | ||
| Q4 25 | $253.0M | $-11.0M | ||
| Q3 25 | $641.0M | $3.7M | ||
| Q2 25 | $277.0M | $15.7M | ||
| Q1 25 | $290.0M | $-9.1M | ||
| Q4 24 | $208.0M | $-31.1M | ||
| Q3 24 | $457.0M | $-26.4M | ||
| Q2 24 | $260.0M | $-24.0M |
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | -1.0% | ||
| Q3 25 | 30.6% | 0.8% | ||
| Q2 25 | 18.5% | 2.2% | ||
| Q1 25 | 20.5% | -0.6% | ||
| Q4 24 | 10.2% | -3.2% | ||
| Q3 24 | 27.0% | -2.8% | ||
| Q2 24 | 21.3% | -2.7% |
| Q1 26 | — | 0.9% | ||
| Q4 25 | 14.2% | -1.1% | ||
| Q3 25 | 23.7% | 0.4% | ||
| Q2 25 | 12.5% | 1.5% | ||
| Q1 25 | 13.8% | -1.0% | ||
| Q4 24 | 10.7% | -4.4% | ||
| Q3 24 | 21.0% | -3.8% | ||
| Q2 24 | 15.4% | -3.5% |
| Q1 26 | — | — | ||
| Q4 25 | $0.92 | $-0.04 | ||
| Q3 25 | $2.35 | $0.02 | ||
| Q2 25 | $1.01 | $0.07 | ||
| Q1 25 | $1.07 | $-0.05 | ||
| Q4 24 | $0.77 | $-0.15 | ||
| Q3 24 | $1.70 | $-0.14 | ||
| Q2 24 | $0.97 | $-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 | $13.0M | $705.6M |
| Total DebtLower is stronger | $19.4B | — |
| Stockholders' EquityBook value | $13.4B | $206.9M |
| Total Assets | $48.5B | $1.3B |
| Debt / EquityLower = less leverage | 1.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $705.6M | ||
| Q4 25 | $13.0M | $604.2M | ||
| Q3 25 | $9.0M | $644.1M | ||
| Q2 25 | $11.0M | $503.8M | ||
| Q1 25 | $23.0M | $479.5M | ||
| Q4 24 | $7.0M | $470.6M | ||
| Q3 24 | $17.0M | $381.0M | ||
| Q2 24 | $19.0M | $363.7M |
| Q1 26 | — | — | ||
| Q4 25 | $19.4B | $323.2M | ||
| Q3 25 | — | $322.7M | ||
| Q2 25 | — | $322.3M | ||
| Q1 25 | — | $321.9M | ||
| Q4 24 | $17.8B | $321.4M | ||
| Q3 24 | — | $212.0M | ||
| Q2 24 | — | $211.7M |
| Q1 26 | — | $206.9M | ||
| Q4 25 | $13.4B | $179.3M | ||
| Q3 25 | $12.8B | $161.9M | ||
| Q2 25 | $12.3B | $141.0M | ||
| Q1 25 | $12.2B | $108.1M | ||
| Q4 24 | $12.1B | $99.9M | ||
| Q3 24 | $11.8B | $114.5M | ||
| Q2 24 | $11.5B | $123.7M |
| Q1 26 | — | $1.3B | ||
| Q4 25 | $48.5B | $1.1B | ||
| Q3 25 | $47.4B | $1.1B | ||
| Q2 25 | $46.6B | $1.0B | ||
| Q1 25 | $45.7B | $895.6M | ||
| Q4 24 | $44.6B | $782.1M | ||
| Q3 24 | $43.3B | $692.3M | ||
| Q2 24 | $42.3B | $716.3M |
| Q1 26 | — | — | ||
| Q4 25 | 1.45× | 1.80× | ||
| Q3 25 | — | 1.99× | ||
| Q2 25 | — | 2.29× | ||
| Q1 25 | — | 2.98× | ||
| Q4 24 | 1.47× | 3.22× | ||
| Q3 24 | — | 1.85× | ||
| Q2 24 | — | 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 | $956.0M | $128.7M |
| Free Cash FlowOCF − Capex | $-54.0M | — |
| FCF MarginFCF / Revenue | -3.0% | — |
| Capex IntensityCapex / Revenue | 56.7% | — |
| Cash ConversionOCF / Net Profit | 3.78× | 11.27× |
| TTM Free Cash FlowTrailing 4 quarters | $-775.0M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $128.7M | ||
| Q4 25 | $956.0M | $-50.4M | ||
| Q3 25 | $1.1B | $144.6M | ||
| Q2 25 | $862.0M | $29.1M | ||
| Q1 25 | $431.0M | $16.6M | ||
| Q4 24 | $817.0M | $-8.7M | ||
| Q3 24 | $897.0M | $26.2M | ||
| Q2 24 | $557.0M | $23.5M |
| Q1 26 | — | — | ||
| Q4 25 | $-54.0M | $-55.4M | ||
| Q3 25 | $116.0M | $139.1M | ||
| Q2 25 | $-204.0M | $21.1M | ||
| Q1 25 | $-633.0M | $8.4M | ||
| Q4 24 | $-473.0M | $-18.0M | ||
| Q3 24 | $-240.0M | $16.9M | ||
| Q2 24 | $-445.0M | $11.8M |
| Q1 26 | — | — | ||
| Q4 25 | -3.0% | -5.5% | ||
| Q3 25 | 4.3% | 14.0% | ||
| Q2 25 | -9.2% | 2.1% | ||
| Q1 25 | -30.2% | 0.9% | ||
| Q4 24 | -24.4% | -2.6% | ||
| Q3 24 | -11.0% | 2.4% | ||
| Q2 24 | -26.3% | 1.7% |
| Q1 26 | — | — | ||
| Q4 25 | 56.7% | 0.5% | ||
| Q3 25 | 36.6% | 0.6% | ||
| Q2 25 | 48.0% | 0.8% | ||
| Q1 25 | 50.7% | 0.9% | ||
| Q4 24 | 66.5% | 1.3% | ||
| Q3 24 | 52.3% | 1.3% | ||
| Q2 24 | 59.2% | 1.7% |
| Q1 26 | — | 11.27× | ||
| Q4 25 | 3.78× | — | ||
| Q3 25 | 1.72× | 38.77× | ||
| Q2 25 | 3.11× | 1.86× | ||
| Q1 25 | 1.49× | — | ||
| Q4 24 | 3.93× | — | ||
| Q3 24 | 1.96× | — | ||
| Q2 24 | 2.14× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
