vs

Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and CAL-MAINE FOODS INC (CALM). Click either name above to swap in a different company.

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.2B vs $769.5M, roughly 1.6× CAL-MAINE FOODS INC). CAL-MAINE FOODS INC runs the higher net margin — 13.4% vs 0.9%, a 12.4% gap on every dollar of revenue. On growth, CAL-MAINE FOODS INC posted the faster year-over-year revenue change (-19.4% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 29.4%).

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.

Cal-Maine Foods, Inc. is an American fresh egg producer based in Ridgeland, Mississippi. As of 2024, it was the largest egg producer in the United States. Its eggs are sold under several different brand names, including Egg-Land's Best, Land O'Lakes, Farmhouse Eggs, Sunups, Sunny Meadow, and 4-Grain. The company was founded in 1957 by Fred R. Adams, Jr., whose family owns a controlling interest in the company, which is publicly traded on the NASDAQ stock exchange.

ALHC vs CALM — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.6× larger
ALHC
$1.2B
$769.5M
CALM
Growing faster (revenue YoY)
CALM
CALM
+55.3% gap
CALM
-19.4%
-74.7%
ALHC
Higher net margin
CALM
CALM
12.4% more per $
CALM
13.4%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
29.4%
CALM

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
ALHC
ALHC
CALM
CALM
Revenue
$1.2B
$769.5M
Net Profit
$11.4M
$102.8M
Gross Margin
27.0%
Operating Margin
16.1%
Net Margin
0.9%
13.4%
Revenue YoY
-74.7%
-19.4%
Net Profit YoY
-53.1%
EPS (diluted)
$2.13

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
CALM
CALM
Q1 26
$1.2B
Q4 25
$1.0B
$769.5M
Q3 25
$993.7M
$922.6M
Q2 25
$1.0B
Q1 25
$926.9M
$1.4B
Q4 24
$701.2M
$954.7M
Q3 24
$692.4M
$785.9M
Q2 24
$681.3M
Net Profit
ALHC
ALHC
CALM
CALM
Q1 26
$11.4M
Q4 25
$-11.0M
$102.8M
Q3 25
$3.7M
$199.3M
Q2 25
$15.7M
Q1 25
$-9.1M
$508.5M
Q4 24
$-31.1M
$219.1M
Q3 24
$-26.4M
$150.0M
Q2 24
$-24.0M
Gross Margin
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
27.0%
Q3 25
33.7%
Q2 25
Q1 25
50.5%
Q4 24
37.3%
Q3 24
31.5%
Q2 24
Operating Margin
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
-1.0%
16.1%
Q3 25
0.8%
27.0%
Q2 25
2.2%
Q1 25
-0.6%
44.8%
Q4 24
-3.2%
29.1%
Q3 24
-2.8%
23.8%
Q2 24
-2.7%
Net Margin
ALHC
ALHC
CALM
CALM
Q1 26
0.9%
Q4 25
-1.1%
13.4%
Q3 25
0.4%
21.6%
Q2 25
1.5%
Q1 25
-1.0%
35.9%
Q4 24
-4.4%
22.9%
Q3 24
-3.8%
19.1%
Q2 24
-3.5%
EPS (diluted)
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
$-0.04
$2.13
Q3 25
$0.02
$4.12
Q2 25
$0.07
Q1 25
$-0.05
$10.38
Q4 24
$-0.15
$4.47
Q3 24
$-0.14
$3.06
Q2 24
$-0.13

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
CALM
CALM
Cash + ST InvestmentsLiquidity on hand
$705.6M
$369.4M
Total DebtLower is stronger
Stockholders' EquityBook value
$206.9M
$2.7B
Total Assets
$1.3B
$3.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
CALM
CALM
Q1 26
$705.6M
Q4 25
$604.2M
$369.4M
Q3 25
$644.1M
$251.9M
Q2 25
$503.8M
Q1 25
$479.5M
$497.2M
Q4 24
$470.6M
$140.3M
Q3 24
$381.0M
$181.7M
Q2 24
$363.7M
Total Debt
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
$323.2M
Q3 25
$322.7M
Q2 25
$322.3M
Q1 25
$321.9M
Q4 24
$321.4M
Q3 24
$212.0M
Q2 24
$211.7M
Stockholders' Equity
ALHC
ALHC
CALM
CALM
Q1 26
$206.9M
Q4 25
$179.3M
$2.7B
Q3 25
$161.9M
$2.7B
Q2 25
$141.0M
Q1 25
$108.1M
$2.4B
Q4 24
$99.9M
$2.0B
Q3 24
$114.5M
$1.9B
Q2 24
$123.7M
Total Assets
ALHC
ALHC
CALM
CALM
Q1 26
$1.3B
Q4 25
$1.1B
$3.1B
Q3 25
$1.1B
$3.2B
Q2 25
$1.0B
Q1 25
$895.6M
$3.1B
Q4 24
$782.1M
$2.5B
Q3 24
$692.3M
$2.4B
Q2 24
$716.3M
Debt / Equity
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
1.80×
Q3 25
1.99×
Q2 25
2.29×
Q1 25
2.98×
Q4 24
3.22×
Q3 24
1.85×
Q2 24
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
ALHC
ALHC
CALM
CALM
Operating Cash FlowLast quarter
$128.7M
$94.8M
Free Cash FlowOCF − Capex
$47.9M
FCF MarginFCF / Revenue
6.2%
Capex IntensityCapex / Revenue
6.1%
Cash ConversionOCF / Net Profit
11.27×
0.92×
TTM Free Cash FlowTrailing 4 quarters
$895.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
CALM
CALM
Q1 26
$128.7M
Q4 25
$-50.4M
$94.8M
Q3 25
$144.6M
$278.6M
Q2 25
$29.1M
Q1 25
$16.6M
$571.6M
Q4 24
$-8.7M
$122.7M
Q3 24
$26.2M
$117.5M
Q2 24
$23.5M
Free Cash Flow
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
$-55.4M
$47.9M
Q3 25
$139.1M
$233.3M
Q2 25
$21.1M
Q1 25
$8.4M
$521.8M
Q4 24
$-18.0M
$92.9M
Q3 24
$16.9M
$81.7M
Q2 24
$11.8M
FCF Margin
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
-5.5%
6.2%
Q3 25
14.0%
25.3%
Q2 25
2.1%
Q1 25
0.9%
36.8%
Q4 24
-2.6%
9.7%
Q3 24
2.4%
10.4%
Q2 24
1.7%
Capex Intensity
ALHC
ALHC
CALM
CALM
Q1 26
Q4 25
0.5%
6.1%
Q3 25
0.6%
4.9%
Q2 25
0.8%
Q1 25
0.9%
3.5%
Q4 24
1.3%
3.1%
Q3 24
1.3%
4.6%
Q2 24
1.7%
Cash Conversion
ALHC
ALHC
CALM
CALM
Q1 26
11.27×
Q4 25
0.92×
Q3 25
38.77×
1.40×
Q2 25
1.86×
Q1 25
1.12×
Q4 24
0.56×
Q3 24
0.78×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

CALM
CALM

Retail$625.4M81%
Prepared Foods$71.7M9%
Egg Products$34.5M4%
Service Other$19.2M2%
Other$13.8M2%

Related Comparisons