vs

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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $899.9M, roughly 1.1× CoStar Group). CoStar Group runs the higher net margin — 5.2% vs -1.1%, a 6.3% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 26.9%). CoStar Group produced more free cash flow last quarter ($101.3M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 17.1%).

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.

CoStar Group, Inc. is an American provider of information, analytics, and marketing services to the commercial property industry in North America and Europe. Founded in 1987 by Andrew C. Florance and based in Arlington, Virginia, the company operates the CoStar online database and news website and several online marketplaces, including Apartments.com and Homes.com.

ALHC vs CSGP — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.1× larger
ALHC
$1.0B
$899.9M
CSGP
Growing faster (revenue YoY)
ALHC
ALHC
+17.6% gap
ALHC
44.4%
26.9%
CSGP
Higher net margin
CSGP
CSGP
6.3% more per $
CSGP
5.2%
-1.1%
ALHC
More free cash flow
CSGP
CSGP
$156.7M more FCF
CSGP
$101.3M
$-55.4M
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
26.9%
17.1%
CSGP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALHC
ALHC
CSGP
CSGP
Revenue
$1.0B
$899.9M
Net Profit
$-11.0M
$46.5M
Gross Margin
78.6%
Operating Margin
-1.0%
5.5%
Net Margin
-1.1%
5.2%
Revenue YoY
44.4%
26.9%
Net Profit YoY
64.6%
-22.2%
EPS (diluted)
$-0.04
$0.12

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
CSGP
CSGP
Q4 25
$1.0B
$899.9M
Q3 25
$993.7M
$833.6M
Q2 25
$1.0B
$781.3M
Q1 25
$926.9M
$732.2M
Q4 24
$701.2M
$709.4M
Q3 24
$692.4M
$692.6M
Q2 24
$681.3M
$677.8M
Q1 24
$628.6M
$656.4M
Net Profit
ALHC
ALHC
CSGP
CSGP
Q4 25
$-11.0M
$46.5M
Q3 25
$3.7M
$-30.9M
Q2 25
$15.7M
$6.2M
Q1 25
$-9.1M
$-14.8M
Q4 24
$-31.1M
$59.8M
Q3 24
$-26.4M
$53.0M
Q2 24
$-24.0M
$19.2M
Q1 24
$-46.5M
$6.7M
Gross Margin
ALHC
ALHC
CSGP
CSGP
Q4 25
78.6%
Q3 25
79.3%
Q2 25
78.5%
Q1 25
79.1%
Q4 24
80.1%
Q3 24
79.7%
Q2 24
80.0%
Q1 24
78.5%
Operating Margin
ALHC
ALHC
CSGP
CSGP
Q4 25
-1.0%
5.5%
Q3 25
0.8%
-6.1%
Q2 25
2.2%
-3.5%
Q1 25
-0.6%
-5.8%
Q4 24
-3.2%
5.6%
Q3 24
-2.8%
3.4%
Q2 24
-2.7%
-2.4%
Q1 24
-6.5%
-6.5%
Net Margin
ALHC
ALHC
CSGP
CSGP
Q4 25
-1.1%
5.2%
Q3 25
0.4%
-3.7%
Q2 25
1.5%
0.8%
Q1 25
-1.0%
-2.0%
Q4 24
-4.4%
8.4%
Q3 24
-3.8%
7.7%
Q2 24
-3.5%
2.8%
Q1 24
-7.4%
1.0%
EPS (diluted)
ALHC
ALHC
CSGP
CSGP
Q4 25
$-0.04
$0.12
Q3 25
$0.02
$-0.07
Q2 25
$0.07
$0.01
Q1 25
$-0.05
$-0.04
Q4 24
$-0.15
$0.14
Q3 24
$-0.14
$0.13
Q2 24
$-0.13
$0.05
Q1 24
$-0.25
$0.02

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
CSGP
CSGP
Cash + ST InvestmentsLiquidity on hand
$604.2M
$1.6B
Total DebtLower is stronger
$323.2M
$140.0M
Stockholders' EquityBook value
$179.3M
$8.3B
Total Assets
$1.1B
$10.5B
Debt / EquityLower = less leverage
1.80×
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
CSGP
CSGP
Q4 25
$604.2M
$1.6B
Q3 25
$644.1M
$1.9B
Q2 25
$503.8M
$3.6B
Q1 25
$479.5M
$3.7B
Q4 24
$470.6M
$4.7B
Q3 24
$381.0M
Q2 24
$363.7M
Q1 24
$301.7M
Total Debt
ALHC
ALHC
CSGP
CSGP
Q4 25
$323.2M
$140.0M
Q3 25
$322.7M
$1.0B
Q2 25
$322.3M
$1.0B
Q1 25
$321.9M
$1.0B
Q4 24
$321.4M
$1.0B
Q3 24
$212.0M
$1.0B
Q2 24
$211.7M
$1.0B
Q1 24
$162.0M
$1.0B
Stockholders' Equity
ALHC
ALHC
CSGP
CSGP
Q4 25
$179.3M
$8.3B
Q3 25
$161.9M
$8.6B
Q2 25
$141.0M
$8.6B
Q1 25
$108.1M
$8.6B
Q4 24
$99.9M
$7.6B
Q3 24
$114.5M
$7.5B
Q2 24
$123.7M
$7.4B
Q1 24
$130.9M
$7.3B
Total Assets
ALHC
ALHC
CSGP
CSGP
Q4 25
$1.1B
$10.5B
Q3 25
$1.1B
$10.8B
Q2 25
$1.0B
$10.5B
Q1 25
$895.6M
$10.4B
Q4 24
$782.1M
$9.3B
Q3 24
$692.3M
$9.1B
Q2 24
$716.3M
$9.1B
Q1 24
$633.2M
$9.0B
Debt / Equity
ALHC
ALHC
CSGP
CSGP
Q4 25
1.80×
0.02×
Q3 25
1.99×
0.12×
Q2 25
2.29×
0.12×
Q1 25
2.98×
0.12×
Q4 24
3.22×
0.13×
Q3 24
1.85×
0.13×
Q2 24
1.71×
0.14×
Q1 24
1.24×
0.14×

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
CSGP
CSGP
Operating Cash FlowLast quarter
$-50.4M
$162.1M
Free Cash FlowOCF − Capex
$-55.4M
$101.3M
FCF MarginFCF / Revenue
-5.5%
11.3%
Capex IntensityCapex / Revenue
0.5%
6.8%
Cash ConversionOCF / Net Profit
3.49×
TTM Free Cash FlowTrailing 4 quarters
$113.1M
$123.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
CSGP
CSGP
Q4 25
$-50.4M
$162.1M
Q3 25
$144.6M
$68.2M
Q2 25
$29.1M
$146.5M
Q1 25
$16.6M
$53.2M
Q4 24
$-8.7M
$94.6M
Q3 24
$26.2M
$100.3M
Q2 24
$23.5M
$58.1M
Q1 24
$-6.2M
$139.6M
Free Cash Flow
ALHC
ALHC
CSGP
CSGP
Q4 25
$-55.4M
$101.3M
Q3 25
$139.1M
$-5.5M
Q2 25
$21.1M
$27.7M
Q1 25
$8.4M
$-500.0K
Q4 24
$-18.0M
$25.2M
Q3 24
$16.9M
$40.2M
Q2 24
$11.8M
$-14.7M
Q1 24
$-17.4M
$-237.1M
FCF Margin
ALHC
ALHC
CSGP
CSGP
Q4 25
-5.5%
11.3%
Q3 25
14.0%
-0.7%
Q2 25
2.1%
3.5%
Q1 25
0.9%
-0.1%
Q4 24
-2.6%
3.6%
Q3 24
2.4%
5.8%
Q2 24
1.7%
-2.2%
Q1 24
-2.8%
-36.1%
Capex Intensity
ALHC
ALHC
CSGP
CSGP
Q4 25
0.5%
6.8%
Q3 25
0.6%
8.8%
Q2 25
0.8%
15.2%
Q1 25
0.9%
7.3%
Q4 24
1.3%
9.8%
Q3 24
1.3%
8.7%
Q2 24
1.7%
10.7%
Q1 24
1.8%
57.4%
Cash Conversion
ALHC
ALHC
CSGP
CSGP
Q4 25
3.49×
Q3 25
38.77×
Q2 25
1.86×
23.63×
Q1 25
Q4 24
1.58×
Q3 24
1.89×
Q2 24
3.03×
Q1 24
20.84×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

CSGP
CSGP

Co Star$503.8M56%
Other$283.0M31%
Loop Net$94.7M11%

Related Comparisons