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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $760.6M, roughly 1.3× AVIENT CORP). AVIENT CORP runs the higher net margin — 2.2% vs -1.1%, a 3.3% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 1.9%). AVIENT CORP produced more free cash flow last quarter ($125.4M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs -4.2%).

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.

Avient Corporation is a global materials solutions company headquartered in Avon Lake, Ohio, United States, employing approximately 9,000 people worldwide. Its products include colorants, advanced composites, functional additives and engineered materials.

ALHC vs AVNT — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.3× larger
ALHC
$1.0B
$760.6M
AVNT
Growing faster (revenue YoY)
ALHC
ALHC
+42.5% gap
ALHC
44.4%
1.9%
AVNT
Higher net margin
AVNT
AVNT
3.3% more per $
AVNT
2.2%
-1.1%
ALHC
More free cash flow
AVNT
AVNT
$180.8M more FCF
AVNT
$125.4M
$-55.4M
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
26.9%
-4.2%
AVNT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALHC
ALHC
AVNT
AVNT
Revenue
$1.0B
$760.6M
Net Profit
$-11.0M
$16.9M
Gross Margin
30.2%
Operating Margin
-1.0%
5.2%
Net Margin
-1.1%
2.2%
Revenue YoY
44.4%
1.9%
Net Profit YoY
64.6%
-65.0%
EPS (diluted)
$-0.04
$0.18

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
ALHC
ALHC
AVNT
AVNT
Q4 25
$1.0B
$760.6M
Q3 25
$993.7M
$806.5M
Q2 25
$1.0B
$866.5M
Q1 25
$926.9M
$826.6M
Q4 24
$701.2M
$746.5M
Q3 24
$692.4M
$815.2M
Q2 24
$681.3M
$849.7M
Q1 24
$628.6M
$829.0M
Net Profit
ALHC
ALHC
AVNT
AVNT
Q4 25
$-11.0M
$16.9M
Q3 25
$3.7M
$32.6M
Q2 25
$15.7M
$52.6M
Q1 25
$-9.1M
$-20.2M
Q4 24
$-31.1M
$48.3M
Q3 24
$-26.4M
$38.2M
Q2 24
$-24.0M
$33.6M
Q1 24
$-46.5M
$49.4M
Gross Margin
ALHC
ALHC
AVNT
AVNT
Q4 25
30.2%
Q3 25
30.4%
Q2 25
32.1%
Q1 25
31.8%
Q4 24
34.8%
Q3 24
32.1%
Q2 24
30.3%
Q1 24
33.6%
Operating Margin
ALHC
ALHC
AVNT
AVNT
Q4 25
-1.0%
5.2%
Q3 25
0.8%
8.3%
Q2 25
2.2%
11.1%
Q1 25
-0.6%
0.1%
Q4 24
-3.2%
11.5%
Q3 24
-2.8%
9.5%
Q2 24
-2.7%
8.5%
Q1 24
-6.5%
11.3%
Net Margin
ALHC
ALHC
AVNT
AVNT
Q4 25
-1.1%
2.2%
Q3 25
0.4%
4.0%
Q2 25
1.5%
6.1%
Q1 25
-1.0%
-2.4%
Q4 24
-4.4%
6.5%
Q3 24
-3.8%
4.7%
Q2 24
-3.5%
4.0%
Q1 24
-7.4%
6.0%
EPS (diluted)
ALHC
ALHC
AVNT
AVNT
Q4 25
$-0.04
$0.18
Q3 25
$0.02
$0.36
Q2 25
$0.07
$0.57
Q1 25
$-0.05
$-0.22
Q4 24
$-0.15
$0.53
Q3 24
$-0.14
$0.41
Q2 24
$-0.13
$0.36
Q1 24
$-0.25
$0.54

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
AVNT
AVNT
Cash + ST InvestmentsLiquidity on hand
$604.2M
Total DebtLower is stronger
$323.2M
$1.9B
Stockholders' EquityBook value
$179.3M
$2.4B
Total Assets
$1.1B
$6.0B
Debt / EquityLower = less leverage
1.80×
0.81×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
AVNT
AVNT
Q4 25
$604.2M
Q3 25
$644.1M
Q2 25
$503.8M
Q1 25
$479.5M
Q4 24
$470.6M
Q3 24
$381.0M
Q2 24
$363.7M
Q1 24
$301.7M
Total Debt
ALHC
ALHC
AVNT
AVNT
Q4 25
$323.2M
$1.9B
Q3 25
$322.7M
$2.0B
Q2 25
$322.3M
$2.0B
Q1 25
$321.9M
$2.1B
Q4 24
$321.4M
$2.1B
Q3 24
$212.0M
$2.1B
Q2 24
$211.7M
$2.1B
Q1 24
$162.0M
$2.1B
Stockholders' Equity
ALHC
ALHC
AVNT
AVNT
Q4 25
$179.3M
$2.4B
Q3 25
$161.9M
$2.4B
Q2 25
$141.0M
$2.4B
Q1 25
$108.1M
$2.3B
Q4 24
$99.9M
$2.3B
Q3 24
$114.5M
$2.4B
Q2 24
$123.7M
$2.3B
Q1 24
$130.9M
$2.3B
Total Assets
ALHC
ALHC
AVNT
AVNT
Q4 25
$1.1B
$6.0B
Q3 25
$1.1B
$6.1B
Q2 25
$1.0B
$6.1B
Q1 25
$895.6M
$5.8B
Q4 24
$782.1M
$5.8B
Q3 24
$692.3M
$6.0B
Q2 24
$716.3M
$5.9B
Q1 24
$633.2M
$5.9B
Debt / Equity
ALHC
ALHC
AVNT
AVNT
Q4 25
1.80×
0.81×
Q3 25
1.99×
0.83×
Q2 25
2.29×
0.86×
Q1 25
2.98×
0.90×
Q4 24
3.22×
0.89×
Q3 24
1.85×
0.88×
Q2 24
1.71×
0.90×
Q1 24
1.24×
0.90×

Cash Flow & Capital Efficiency

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

Metric
ALHC
ALHC
AVNT
AVNT
Operating Cash FlowLast quarter
$-50.4M
$167.8M
Free Cash FlowOCF − Capex
$-55.4M
$125.4M
FCF MarginFCF / Revenue
-5.5%
16.5%
Capex IntensityCapex / Revenue
0.5%
5.6%
Cash ConversionOCF / Net Profit
9.93×
TTM Free Cash FlowTrailing 4 quarters
$113.1M
$195.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
AVNT
AVNT
Q4 25
$-50.4M
$167.8M
Q3 25
$144.6M
$72.1M
Q2 25
$29.1M
$112.8M
Q1 25
$16.6M
$-51.1M
Q4 24
$-8.7M
$122.6M
Q3 24
$26.2M
$71.1M
Q2 24
$23.5M
$105.9M
Q1 24
$-6.2M
$-42.8M
Free Cash Flow
ALHC
ALHC
AVNT
AVNT
Q4 25
$-55.4M
$125.4M
Q3 25
$139.1M
$47.4M
Q2 25
$21.1M
$85.8M
Q1 25
$8.4M
$-63.6M
Q4 24
$-18.0M
$81.5M
Q3 24
$16.9M
$46.1M
Q2 24
$11.8M
$74.5M
Q1 24
$-17.4M
$-67.2M
FCF Margin
ALHC
ALHC
AVNT
AVNT
Q4 25
-5.5%
16.5%
Q3 25
14.0%
5.9%
Q2 25
2.1%
9.9%
Q1 25
0.9%
-7.7%
Q4 24
-2.6%
10.9%
Q3 24
2.4%
5.7%
Q2 24
1.7%
8.8%
Q1 24
-2.8%
-8.1%
Capex Intensity
ALHC
ALHC
AVNT
AVNT
Q4 25
0.5%
5.6%
Q3 25
0.6%
3.1%
Q2 25
0.8%
3.1%
Q1 25
0.9%
1.5%
Q4 24
1.3%
5.5%
Q3 24
1.3%
3.1%
Q2 24
1.7%
3.7%
Q1 24
1.8%
2.9%
Cash Conversion
ALHC
ALHC
AVNT
AVNT
Q4 25
9.93×
Q3 25
38.77×
2.21×
Q2 25
1.86×
2.14×
Q1 25
Q4 24
2.54×
Q3 24
1.86×
Q2 24
3.15×
Q1 24
-0.87×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

AVNT
AVNT

Color Additives And Inks$466.0M61%
Specialty Engineered Materials$295.5M39%

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