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Side-by-side financial comparison of Allegiant Travel CO (ALGT) and Alignment Healthcare, Inc. (ALHC). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $595.5M, roughly 1.7× Allegiant Travel CO). Allegiant Travel CO runs the higher net margin — 5.4% vs -1.1%, a 6.4% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 7.6%). Allegiant Travel CO produced more free cash flow last quarter ($90.4M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 1.3%).
Allegiant Air, styled as allegiant, is an American low-cost airline headquartered in Las Vegas, Nevada. The airline focuses on serving leisure traffic from small and medium-sized cities which it considers to be underserved, using an ultra low-cost business model with minimal inclusions in fares and a greater number of add-on fees.
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.
ALGT vs ALHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $595.5M | $1.0B |
| Net Profit | $31.9M | $-11.0M |
| Gross Margin | — | — |
| Operating Margin | 11.2% | -1.0% |
| Net Margin | 5.4% | -1.1% |
| Revenue YoY | 7.6% | 44.4% |
| Net Profit YoY | 114.8% | 64.6% |
| EPS (diluted) | $1.82 | $-0.04 |
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.
| Q4 25 | $595.5M | $1.0B | ||
| Q3 25 | $494.1M | $993.7M | ||
| Q2 25 | $617.9M | $1.0B | ||
| Q1 25 | $616.8M | $926.9M | ||
| Q4 24 | $553.6M | $701.2M | ||
| Q3 24 | $489.0M | $692.4M | ||
| Q2 24 | $594.5M | $681.3M | ||
| Q1 24 | $579.9M | $628.6M |
| Q4 25 | $31.9M | $-11.0M | ||
| Q3 25 | $-43.6M | $3.7M | ||
| Q2 25 | $-65.2M | $15.7M | ||
| Q1 25 | $32.1M | $-9.1M | ||
| Q4 24 | $-216.2M | $-31.1M | ||
| Q3 24 | $-36.8M | $-26.4M | ||
| Q2 24 | $13.7M | $-24.0M | ||
| Q1 24 | $-919.0K | $-46.5M |
| Q4 25 | 11.2% | -1.0% | ||
| Q3 25 | -5.5% | 0.8% | ||
| Q2 25 | -10.9% | 2.2% | ||
| Q1 25 | 10.5% | -0.6% | ||
| Q4 24 | -47.7% | -3.2% | ||
| Q3 24 | -5.4% | -2.8% | ||
| Q2 24 | 5.9% | -2.7% | ||
| Q1 24 | 2.7% | -6.5% |
| Q4 25 | 5.4% | -1.1% | ||
| Q3 25 | -8.8% | 0.4% | ||
| Q2 25 | -10.5% | 1.5% | ||
| Q1 25 | 5.2% | -1.0% | ||
| Q4 24 | -39.1% | -4.4% | ||
| Q3 24 | -7.5% | -3.8% | ||
| Q2 24 | 2.3% | -3.5% | ||
| Q1 24 | -0.2% | -7.4% |
| Q4 25 | $1.82 | $-0.04 | ||
| Q3 25 | $-2.41 | $0.02 | ||
| Q2 25 | $-3.62 | $0.07 | ||
| Q1 25 | $1.73 | $-0.05 | ||
| Q4 24 | $-12.12 | $-0.15 | ||
| Q3 24 | $-2.05 | $-0.14 | ||
| Q2 24 | $0.75 | $-0.13 | ||
| Q1 24 | $-0.07 | $-0.25 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $805.7M | $604.2M |
| Total DebtLower is stronger | $1.7B | $323.2M |
| Stockholders' EquityBook value | $1.1B | $179.3M |
| Total Assets | $4.2B | $1.1B |
| Debt / EquityLower = less leverage | 1.60× | 1.80× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $805.7M | $604.2M | ||
| Q3 25 | $956.7M | $644.1M | ||
| Q2 25 | $842.8M | $503.8M | ||
| Q1 25 | $878.6M | $479.5M | ||
| Q4 24 | $781.1M | $470.6M | ||
| Q3 24 | $759.3M | $381.0M | ||
| Q2 24 | $791.9M | $363.7M | ||
| Q1 24 | $809.9M | $301.7M |
| Q4 25 | $1.7B | $323.2M | ||
| Q3 25 | $1.8B | $322.7M | ||
| Q2 25 | $1.8B | $322.3M | ||
| Q1 25 | $1.7B | $321.9M | ||
| Q4 24 | $1.6B | $321.4M | ||
| Q3 24 | $1.8B | $212.0M | ||
| Q2 24 | $1.7B | $211.7M | ||
| Q1 24 | $1.8B | $162.0M |
| Q4 25 | $1.1B | $179.3M | ||
| Q3 25 | $1.0B | $161.9M | ||
| Q2 25 | $1.1B | $141.0M | ||
| Q1 25 | $1.1B | $108.1M | ||
| Q4 24 | $1.1B | $99.9M | ||
| Q3 24 | $1.3B | $114.5M | ||
| Q2 24 | $1.3B | $123.7M | ||
| Q1 24 | $1.3B | $130.9M |
| Q4 25 | $4.2B | $1.1B | ||
| Q3 25 | $4.4B | $1.1B | ||
| Q2 25 | $4.4B | $1.0B | ||
| Q1 25 | $4.5B | $895.6M | ||
| Q4 24 | $4.4B | $782.1M | ||
| Q3 24 | $4.8B | $692.3M | ||
| Q2 24 | $4.9B | $716.3M | ||
| Q1 24 | $4.9B | $633.2M |
| Q4 25 | 1.60× | 1.80× | ||
| Q3 25 | 1.76× | 1.99× | ||
| Q2 25 | 1.68× | 2.29× | ||
| Q1 25 | 1.57× | 2.98× | ||
| Q4 24 | 1.48× | 3.22× | ||
| Q3 24 | 1.36× | 1.85× | ||
| Q2 24 | 1.30× | 1.71× | ||
| Q1 24 | 1.35× | 1.24× |
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 | $112.2M | $-50.4M |
| Free Cash FlowOCF − Capex | $90.4M | $-55.4M |
| FCF MarginFCF / Revenue | 15.2% | -5.5% |
| Capex IntensityCapex / Revenue | 3.7% | 0.5% |
| Cash ConversionOCF / Net Profit | 3.51× | — |
| TTM Free Cash FlowTrailing 4 quarters | $75.1M | $113.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $112.2M | $-50.4M | ||
| Q3 25 | $-6.1M | $144.6M | ||
| Q2 25 | $92.2M | $29.1M | ||
| Q1 25 | $191.4M | $16.6M | ||
| Q4 24 | $84.4M | $-8.7M | ||
| Q3 24 | $17.3M | $26.2M | ||
| Q2 24 | $68.9M | $23.5M | ||
| Q1 24 | $167.8M | $-6.2M |
| Q4 25 | $90.4M | $-55.4M | ||
| Q3 25 | $-121.7M | $139.1M | ||
| Q2 25 | $-10.5M | $21.1M | ||
| Q1 25 | $116.9M | $8.4M | ||
| Q4 24 | $24.0M | $-18.0M | ||
| Q3 24 | $-28.7M | $16.9M | ||
| Q2 24 | $7.0M | $11.8M | ||
| Q1 24 | $35.9M | $-17.4M |
| Q4 25 | 15.2% | -5.5% | ||
| Q3 25 | -24.6% | 14.0% | ||
| Q2 25 | -1.7% | 2.1% | ||
| Q1 25 | 19.0% | 0.9% | ||
| Q4 24 | 4.3% | -2.6% | ||
| Q3 24 | -5.9% | 2.4% | ||
| Q2 24 | 1.2% | 1.7% | ||
| Q1 24 | 6.2% | -2.8% |
| Q4 25 | 3.7% | 0.5% | ||
| Q3 25 | 23.4% | 0.6% | ||
| Q2 25 | 16.6% | 0.8% | ||
| Q1 25 | 12.1% | 0.9% | ||
| Q4 24 | 10.9% | 1.3% | ||
| Q3 24 | 9.4% | 1.3% | ||
| Q2 24 | 10.4% | 1.7% | ||
| Q1 24 | 22.7% | 1.8% |
| Q4 25 | 3.51× | — | ||
| Q3 25 | — | 38.77× | ||
| Q2 25 | — | 1.86× | ||
| Q1 25 | 5.96× | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | 5.03× | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALGT
| Airrelatedrevenue | $307.1M | 52% |
| Scheduled Service Revenue | $267.1M | 45% |
| Cobrand Revenue | $21.3M | 4% |
| Other | $1.0K | 0% |
ALHC
Segment breakdown not available.