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Side-by-side financial comparison of Albemarle Corporation (ALB) and Alignment Healthcare, Inc. (ALHC). Click either name above to swap in a different company.

Albemarle Corporation is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× Alignment Healthcare, Inc.). Alignment Healthcare, Inc. runs the higher net margin — 0.9% vs -29.0%, a 29.9% gap on every dollar of revenue. On growth, Albemarle Corporation posted the faster year-over-year revenue change (15.9% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 2.4%).

Albemarle Corporation develops, manufactures, and markets engineered specialty chemicals worldwide. It operates through three segments: Lithium, Bromine, and Catalysts. The Lithium segment offers lithium compounds, including lithium carbonate, lithium hydroxide, lithium chloride, and lithium specialties; and reagents, such as butyllithium and lithium aluminum hydride for use in lithium batteries for consumer electronics and electric vehicles, high performance greases, thermoplastic elastomers...

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.

ALB vs ALHC — Head-to-Head

Bigger by revenue
ALB
ALB
1.2× larger
ALB
$1.4B
$1.2B
ALHC
Growing faster (revenue YoY)
ALB
ALB
+90.7% gap
ALB
15.9%
-74.7%
ALHC
Higher net margin
ALHC
ALHC
29.9% more per $
ALHC
0.9%
-29.0%
ALB
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
2.4%
ALB

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALB
ALB
ALHC
ALHC
Revenue
$1.4B
$1.2B
Net Profit
$-414.2M
$11.4M
Gross Margin
13.9%
Operating Margin
-15.2%
Net Margin
-29.0%
0.9%
Revenue YoY
15.9%
-74.7%
Net Profit YoY
-650.1%
EPS (diluted)
$-3.88

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
ALB
ALB
ALHC
ALHC
Q1 26
$1.2B
Q4 25
$1.4B
$1.0B
Q3 25
$1.3B
$993.7M
Q2 25
$1.3B
$1.0B
Q1 25
$1.1B
$926.9M
Q4 24
$1.2B
$701.2M
Q3 24
$1.4B
$692.4M
Q2 24
$1.4B
$681.3M
Net Profit
ALB
ALB
ALHC
ALHC
Q1 26
$11.4M
Q4 25
$-414.2M
$-11.0M
Q3 25
$-160.7M
$3.7M
Q2 25
$22.9M
$15.7M
Q1 25
$41.3M
$-9.1M
Q4 24
$75.3M
$-31.1M
Q3 24
$-1.1B
$-26.4M
Q2 24
$-188.2M
$-24.0M
Gross Margin
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
13.9%
Q3 25
9.0%
Q2 25
14.8%
Q1 25
14.5%
Q4 24
11.2%
Q3 24
-7.7%
Q2 24
-0.7%
Operating Margin
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
-15.2%
-1.0%
Q3 25
-16.6%
0.8%
Q2 25
3.6%
2.2%
Q1 25
1.8%
-0.6%
Q4 24
0.4%
-3.2%
Q3 24
-81.9%
-2.8%
Q2 24
-34.4%
-2.7%
Net Margin
ALB
ALB
ALHC
ALHC
Q1 26
0.9%
Q4 25
-29.0%
-1.1%
Q3 25
-12.3%
0.4%
Q2 25
1.7%
1.5%
Q1 25
3.8%
-1.0%
Q4 24
6.1%
-4.4%
Q3 24
-78.9%
-3.8%
Q2 24
-13.2%
-3.5%
EPS (diluted)
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
$-3.88
$-0.04
Q3 25
$-1.72
$0.02
Q2 25
$-0.16
$0.07
Q1 25
$0.00
$-0.05
Q4 24
$0.29
$-0.15
Q3 24
$-9.45
$-0.14
Q2 24
$-1.96
$-0.13

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALB
ALB
ALHC
ALHC
Cash + ST InvestmentsLiquidity on hand
$705.6M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$9.5B
$206.9M
Total Assets
$16.4B
$1.3B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALB
ALB
ALHC
ALHC
Q1 26
$705.6M
Q4 25
$604.2M
Q3 25
$1.9B
$644.1M
Q2 25
$1.8B
$503.8M
Q1 25
$1.5B
$479.5M
Q4 24
$1.2B
$470.6M
Q3 24
$1.7B
$381.0M
Q2 24
$1.8B
$363.7M
Total Debt
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
$3.2B
$323.2M
Q3 25
$3.6B
$322.7M
Q2 25
$3.6B
$322.3M
Q1 25
$3.5B
$321.9M
Q4 24
$3.5B
$321.4M
Q3 24
$3.6B
$212.0M
Q2 24
$3.5B
$211.7M
Stockholders' Equity
ALB
ALB
ALHC
ALHC
Q1 26
$206.9M
Q4 25
$9.5B
$179.3M
Q3 25
$10.0B
$161.9M
Q2 25
$10.2B
$141.0M
Q1 25
$10.0B
$108.1M
Q4 24
$10.0B
$99.9M
Q3 24
$10.2B
$114.5M
Q2 24
$11.2B
$123.7M
Total Assets
ALB
ALB
ALHC
ALHC
Q1 26
$1.3B
Q4 25
$16.4B
$1.1B
Q3 25
$17.1B
$1.1B
Q2 25
$17.3B
$1.0B
Q1 25
$17.0B
$895.6M
Q4 24
$16.6B
$782.1M
Q3 24
$17.5B
$692.3M
Q2 24
$18.4B
$716.3M
Debt / Equity
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
0.33×
1.80×
Q3 25
0.36×
1.99×
Q2 25
0.35×
2.29×
Q1 25
0.35×
2.98×
Q4 24
0.35×
3.22×
Q3 24
0.35×
1.85×
Q2 24
0.31×
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
ALB
ALB
ALHC
ALHC
Operating Cash FlowLast quarter
$388.5M
$128.7M
Free Cash FlowOCF − Capex
$233.1M
FCF MarginFCF / Revenue
16.3%
Capex IntensityCapex / Revenue
10.9%
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters
$692.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALB
ALB
ALHC
ALHC
Q1 26
$128.7M
Q4 25
$388.5M
$-50.4M
Q3 25
$355.6M
$144.6M
Q2 25
$-7.2M
$29.1M
Q1 25
$545.4M
$16.6M
Q4 24
$674.0K
$-8.7M
Q3 24
$240.5M
$26.2M
Q2 24
$362.9M
$23.5M
Free Cash Flow
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
$233.1M
$-55.4M
Q3 25
$223.4M
$139.1M
Q2 25
$-126.8M
$21.1M
Q1 25
$362.8M
$8.4M
Q4 24
$-355.1M
$-18.0M
Q3 24
$-62.6M
$16.9M
Q2 24
$-84.7M
$11.8M
FCF Margin
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
16.3%
-5.5%
Q3 25
17.1%
14.0%
Q2 25
-9.5%
2.1%
Q1 25
33.7%
0.9%
Q4 24
-28.8%
-2.6%
Q3 24
-4.6%
2.4%
Q2 24
-5.9%
1.7%
Capex Intensity
ALB
ALB
ALHC
ALHC
Q1 26
Q4 25
10.9%
0.5%
Q3 25
10.1%
0.6%
Q2 25
9.0%
0.8%
Q1 25
17.0%
0.9%
Q4 24
28.9%
1.3%
Q3 24
22.4%
1.3%
Q2 24
31.3%
1.7%
Cash Conversion
ALB
ALB
ALHC
ALHC
Q1 26
11.27×
Q4 25
Q3 25
38.77×
Q2 25
-0.31×
1.86×
Q1 25
13.19×
Q4 24
0.01×
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALB
ALB

Energy Storage$759.1M53%
Specialties$348.9M24%
Ketjen$320.1M22%

ALHC
ALHC

Segment breakdown not available.

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