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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and AMERICAN AXLE & MANUFACTURING HOLDINGS INC (AXL). Click either name above to swap in a different company.
AMERICAN AXLE & MANUFACTURING HOLDINGS INC is the larger business by last-quarter revenue ($1.4B vs $1.0B, roughly 1.4× Alignment Healthcare, Inc.). Alignment Healthcare, Inc. runs the higher net margin — -1.1% vs -5.4%, a 4.4% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 0.2%). AMERICAN AXLE & MANUFACTURING HOLDINGS INC produced more free cash flow last quarter ($54.7M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs -7.2%).
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.
American Axle & Manufacturing, Inc. (AAM), headquartered in Detroit, Michigan, is an American manufacturer of automobile driveline and drivetrain components and systems.
ALHC vs AXL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $1.4B |
| Net Profit | $-11.0M | $-75.3M |
| Gross Margin | — | 10.2% |
| Operating Margin | -1.0% | -2.4% |
| Net Margin | -1.1% | -5.4% |
| Revenue YoY | 44.4% | 0.2% |
| Net Profit YoY | 64.6% | -449.6% |
| EPS (diluted) | $-0.04 | $-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.
| Q4 25 | $1.0B | $1.4B | ||
| Q3 25 | $993.7M | $1.5B | ||
| Q2 25 | $1.0B | $1.5B | ||
| Q1 25 | $926.9M | $1.4B | ||
| Q4 24 | $701.2M | $1.4B | ||
| Q3 24 | $692.4M | $1.5B | ||
| Q2 24 | $681.3M | $1.6B | ||
| Q1 24 | $628.6M | $1.6B |
| Q4 25 | $-11.0M | $-75.3M | ||
| Q3 25 | $3.7M | $9.2M | ||
| Q2 25 | $15.7M | $39.3M | ||
| Q1 25 | $-9.1M | $7.1M | ||
| Q4 24 | $-31.1M | $-13.7M | ||
| Q3 24 | $-26.4M | $10.0M | ||
| Q2 24 | $-24.0M | $18.2M | ||
| Q1 24 | $-46.5M | $20.5M |
| Q4 25 | — | 10.2% | ||
| Q3 25 | — | 12.6% | ||
| Q2 25 | — | 13.1% | ||
| Q1 25 | — | 12.3% | ||
| Q4 24 | — | 11.2% | ||
| Q3 24 | — | 11.4% | ||
| Q2 24 | — | 13.3% | ||
| Q1 24 | — | 12.4% |
| Q4 25 | -1.0% | -2.4% | ||
| Q3 25 | 0.8% | 3.2% | ||
| Q2 25 | 2.2% | 3.6% | ||
| Q1 25 | -0.6% | 3.0% | ||
| Q4 24 | -3.2% | 2.6% | ||
| Q3 24 | -2.8% | 2.8% | ||
| Q2 24 | -2.7% | 5.3% | ||
| Q1 24 | -6.5% | 4.8% |
| Q4 25 | -1.1% | -5.4% | ||
| Q3 25 | 0.4% | 0.6% | ||
| Q2 25 | 1.5% | 2.6% | ||
| Q1 25 | -1.0% | 0.5% | ||
| Q4 24 | -4.4% | -1.0% | ||
| Q3 24 | -3.8% | 0.7% | ||
| Q2 24 | -3.5% | 1.1% | ||
| Q1 24 | -7.4% | 1.3% |
| Q4 25 | $-0.04 | $-0.62 | ||
| Q3 25 | $0.02 | $0.07 | ||
| Q2 25 | $0.07 | $0.32 | ||
| Q1 25 | $-0.05 | $0.06 | ||
| Q4 24 | $-0.15 | $-0.11 | ||
| Q3 24 | $-0.14 | $0.08 | ||
| Q2 24 | $-0.13 | $0.15 | ||
| Q1 24 | $-0.25 | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $604.2M | $708.9M |
| Total DebtLower is stronger | $323.2M | $4.0B |
| Stockholders' EquityBook value | $179.3M | $640.0M |
| Total Assets | $1.1B | $6.7B |
| Debt / EquityLower = less leverage | 1.80× | 6.31× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $708.9M | ||
| Q3 25 | $644.1M | $714.1M | ||
| Q2 25 | $503.8M | $586.5M | ||
| Q1 25 | $479.5M | $549.2M | ||
| Q4 24 | $470.6M | $552.9M | ||
| Q3 24 | $381.0M | $542.5M | ||
| Q2 24 | $363.7M | $519.9M | ||
| Q1 24 | $301.7M | $469.8M |
| Q4 25 | $323.2M | $4.0B | ||
| Q3 25 | $322.7M | $2.6B | ||
| Q2 25 | $322.3M | $2.6B | ||
| Q1 25 | $321.9M | $2.6B | ||
| Q4 24 | $321.4M | $2.6B | ||
| Q3 24 | $212.0M | $2.6B | ||
| Q2 24 | $211.7M | $2.7B | ||
| Q1 24 | $162.0M | $2.7B |
| Q4 25 | $179.3M | $640.0M | ||
| Q3 25 | $161.9M | $718.4M | ||
| Q2 25 | $141.0M | $673.0M | ||
| Q1 25 | $108.1M | $596.3M | ||
| Q4 24 | $99.9M | $562.8M | ||
| Q3 24 | $114.5M | $616.3M | ||
| Q2 24 | $123.7M | $609.6M | ||
| Q1 24 | $130.9M | $621.4M |
| Q4 25 | $1.1B | $6.7B | ||
| Q3 25 | $1.1B | $5.3B | ||
| Q2 25 | $1.0B | $5.3B | ||
| Q1 25 | $895.6M | $5.1B | ||
| Q4 24 | $782.1M | $5.1B | ||
| Q3 24 | $692.3M | $5.3B | ||
| Q2 24 | $716.3M | $5.3B | ||
| Q1 24 | $633.2M | $5.4B |
| Q4 25 | 1.80× | 6.31× | ||
| Q3 25 | 1.99× | 3.61× | ||
| Q2 25 | 2.29× | 3.86× | ||
| Q1 25 | 2.98× | 4.38× | ||
| Q4 24 | 3.22× | 4.58× | ||
| Q3 24 | 1.85× | 4.28× | ||
| Q2 24 | 1.71× | 4.42× | ||
| Q1 24 | 1.24× | 4.40× |
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 | $-50.4M | $120.5M |
| Free Cash FlowOCF − Capex | $-55.4M | $54.7M |
| FCF MarginFCF / Revenue | -5.5% | 4.0% |
| Capex IntensityCapex / Revenue | 0.5% | 4.8% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $155.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $120.5M | ||
| Q3 25 | $144.6M | $143.3M | ||
| Q2 25 | $29.1M | $91.9M | ||
| Q1 25 | $16.6M | $55.9M | ||
| Q4 24 | $-8.7M | $151.2M | ||
| Q3 24 | $26.2M | $143.6M | ||
| Q2 24 | $23.5M | $142.8M | ||
| Q1 24 | $-6.2M | $17.8M |
| Q4 25 | $-55.4M | $54.7M | ||
| Q3 25 | $139.1M | $79.2M | ||
| Q2 25 | $21.1M | $34.6M | ||
| Q1 25 | $8.4M | $-13.4M | ||
| Q4 24 | $-18.0M | $73.2M | ||
| Q3 24 | $16.9M | $70.4M | ||
| Q2 24 | $11.8M | $94.0M | ||
| Q1 24 | $-17.4M | $-30.2M |
| Q4 25 | -5.5% | 4.0% | ||
| Q3 25 | 14.0% | 5.3% | ||
| Q2 25 | 2.1% | 2.3% | ||
| Q1 25 | 0.9% | -0.9% | ||
| Q4 24 | -2.6% | 5.3% | ||
| Q3 24 | 2.4% | 4.7% | ||
| Q2 24 | 1.7% | 5.8% | ||
| Q1 24 | -2.8% | -1.9% |
| Q4 25 | 0.5% | 4.8% | ||
| Q3 25 | 0.6% | 4.3% | ||
| Q2 25 | 0.8% | 3.7% | ||
| Q1 25 | 0.9% | 4.9% | ||
| Q4 24 | 1.3% | 5.6% | ||
| Q3 24 | 1.3% | 4.9% | ||
| Q2 24 | 1.7% | 3.0% | ||
| Q1 24 | 1.8% | 3.0% |
| Q4 25 | — | — | ||
| Q3 25 | 38.77× | 15.58× | ||
| Q2 25 | 1.86× | 2.34× | ||
| Q1 25 | — | 7.87× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 14.36× | ||
| Q2 24 | — | 7.85× | ||
| Q1 24 | — | 0.87× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
AXL
| Driveline | $748.4M | 54% |
| Other | $345.7M | 25% |
| Metal Forming | $289.8M | 21% |