vs

Side-by-side financial comparison of Alliance Laundry Holdings Inc. (ALH) and CSW INDUSTRIALS, INC. (CSW). Click either name above to swap in a different company.

Alliance Laundry Holdings Inc. is the larger business by last-quarter revenue ($437.6M vs $233.0M, roughly 1.9× CSW INDUSTRIALS, INC.). Alliance Laundry Holdings Inc. runs the higher net margin — 7.5% vs 4.4%, a 3.1% gap on every dollar of revenue. On growth, CSW INDUSTRIALS, INC. posted the faster year-over-year revenue change (20.3% vs 13.9%). Alliance Laundry Holdings Inc. produced more free cash flow last quarter ($87.0M vs $22.7M).

Alliance Laundry Systems LLC is an American provider of commercial laundry systems. The company designs, manufactures, and markets a line of commercial and industrial laundry equipment under various brands in over 100 countries. Among the company's products are washers, drying tumblers and ironers for the coin laundry, multi-housing laundries, institutional laundries and laundries for consumer residences. Alliance Laundry Systems manufactures products under the brands Speed Queen, Primus, Hue...

ALH vs CSW — Head-to-Head

Bigger by revenue
ALH
ALH
1.9× larger
ALH
$437.6M
$233.0M
CSW
Growing faster (revenue YoY)
CSW
CSW
+6.4% gap
CSW
20.3%
13.9%
ALH
Higher net margin
ALH
ALH
3.1% more per $
ALH
7.5%
4.4%
CSW
More free cash flow
ALH
ALH
$64.3M more FCF
ALH
$87.0M
$22.7M
CSW

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
ALH
ALH
CSW
CSW
Revenue
$437.6M
$233.0M
Net Profit
$32.9M
$10.3M
Gross Margin
37.0%
39.7%
Operating Margin
19.5%
7.4%
Net Margin
7.5%
4.4%
Revenue YoY
13.9%
20.3%
Net Profit YoY
620.3%
-61.9%
EPS (diluted)
$0.19
$0.62

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
ALH
ALH
CSW
CSW
Q4 25
$233.0M
Q3 25
$437.6M
$277.0M
Q2 25
$263.6M
Q1 25
$230.5M
Q4 24
$193.6M
Q3 24
$384.3M
$227.9M
Q2 24
$226.2M
Q1 24
$210.9M
Net Profit
ALH
ALH
CSW
CSW
Q4 25
$10.3M
Q3 25
$32.9M
$40.7M
Q2 25
$40.9M
Q1 25
$35.1M
Q4 24
$26.9M
Q3 24
$-6.3M
$36.1M
Q2 24
$38.6M
Q1 24
$31.8M
Gross Margin
ALH
ALH
CSW
CSW
Q4 25
39.7%
Q3 25
37.0%
43.0%
Q2 25
43.8%
Q1 25
44.2%
Q4 24
41.4%
Q3 24
37.2%
45.6%
Q2 24
47.5%
Q1 24
44.4%
Operating Margin
ALH
ALH
CSW
CSW
Q4 25
7.4%
Q3 25
19.5%
20.5%
Q2 25
20.8%
Q1 25
19.5%
Q4 24
15.3%
Q3 24
18.7%
22.6%
Q2 24
24.3%
Q1 24
21.0%
Net Margin
ALH
ALH
CSW
CSW
Q4 25
4.4%
Q3 25
7.5%
14.7%
Q2 25
15.5%
Q1 25
15.2%
Q4 24
13.9%
Q3 24
-1.6%
15.8%
Q2 24
17.1%
Q1 24
15.1%
EPS (diluted)
ALH
ALH
CSW
CSW
Q4 25
$0.62
Q3 25
$0.19
$2.41
Q2 25
$2.43
Q1 25
$2.05
Q4 24
$1.60
Q3 24
$-0.04
$2.26
Q2 24
$2.47
Q1 24
$2.03

Balance Sheet & Financial Strength

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

Metric
ALH
ALH
CSW
CSW
Cash + ST InvestmentsLiquidity on hand
$136.2M
$40.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-136.4M
$1.1B
Total Assets
$2.9B
$2.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALH
ALH
CSW
CSW
Q4 25
$40.2M
Q3 25
$136.2M
$31.5M
Q2 25
$38.0M
Q1 25
$225.8M
Q4 24
$213.8M
Q3 24
$128.4M
$273.2M
Q2 24
$18.9M
Q1 24
$22.2M
Total Debt
ALH
ALH
CSW
CSW
Q4 25
Q3 25
Q2 25
Q1 25
$800.1M
Q4 24
Q3 24
Q2 24
Q1 24
$166.0M
Stockholders' Equity
ALH
ALH
CSW
CSW
Q4 25
$1.1B
Q3 25
$-136.4M
$1.1B
Q2 25
$1.1B
Q1 25
$1.1B
Q4 24
$1.0B
Q3 24
$-284.6M
$1.0B
Q2 24
$650.2M
Q1 24
$615.7M
Total Assets
ALH
ALH
CSW
CSW
Q4 25
$2.3B
Q3 25
$2.9B
$1.5B
Q2 25
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$1.1B
Q1 24
$1.0B
Debt / Equity
ALH
ALH
CSW
CSW
Q4 25
Q3 25
Q2 25
Q1 25
0.75×
Q4 24
Q3 24
Q2 24
Q1 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALH
ALH
CSW
CSW
Operating Cash FlowLast quarter
$116.8M
$28.9M
Free Cash FlowOCF − Capex
$87.0M
$22.7M
FCF MarginFCF / Revenue
19.9%
9.8%
Capex IntensityCapex / Revenue
6.8%
2.6%
Cash ConversionOCF / Net Profit
3.55×
2.81×
TTM Free Cash FlowTrailing 4 quarters
$162.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALH
ALH
CSW
CSW
Q4 25
$28.9M
Q3 25
$116.8M
$61.8M
Q2 25
$60.6M
Q1 25
$27.3M
Q4 24
$11.6M
Q3 24
$66.8M
Q2 24
$62.7M
Q1 24
$22.4M
Free Cash Flow
ALH
ALH
CSW
CSW
Q4 25
$22.7M
Q3 25
$87.0M
$58.7M
Q2 25
$57.7M
Q1 25
$22.8M
Q4 24
$8.5M
Q3 24
$61.3M
Q2 24
$59.6M
Q1 24
$17.5M
FCF Margin
ALH
ALH
CSW
CSW
Q4 25
9.8%
Q3 25
19.9%
21.2%
Q2 25
21.9%
Q1 25
9.9%
Q4 24
4.4%
Q3 24
26.9%
Q2 24
26.3%
Q1 24
8.3%
Capex Intensity
ALH
ALH
CSW
CSW
Q4 25
2.6%
Q3 25
6.8%
1.1%
Q2 25
1.1%
Q1 25
2.0%
Q4 24
1.6%
Q3 24
2.4%
Q2 24
1.4%
Q1 24
2.3%
Cash Conversion
ALH
ALH
CSW
CSW
Q4 25
2.81×
Q3 25
3.55×
1.52×
Q2 25
1.48×
Q1 25
0.78×
Q4 24
0.43×
Q3 24
1.85×
Q2 24
1.62×
Q1 24
0.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALH
ALH

Equipment Product Or Service$275.7M63%
Other$106.8M24%
Service Parts$33.1M8%
Equipment Financing$12.6M3%

CSW
CSW

Contractor Solutions Segment$166.3M71%
Specialized Reliability Solutions Segment$38.2M16%
Engineered Building Solutions Segment$28.5M12%

Related Comparisons