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

Equifax is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.3× Alignment Healthcare, Inc.). Equifax runs the higher net margin — 10.4% vs 0.9%, a 9.5% gap on every dollar of revenue. On growth, Equifax posted the faster year-over-year revenue change (14.3% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 6.9%).

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.

Equifax Inc. is an American multinational consumer credit reporting agency headquartered in Atlanta, Georgia and is one of the three largest consumer credit reporting agencies, along with Experian and TransUnion. Equifax collects and aggregates information on more than 800 million individual consumers and more than 88 million businesses worldwide.

ALHC vs EFX — Head-to-Head

Bigger by revenue
EFX
EFX
1.3× larger
EFX
$1.6B
$1.2B
ALHC
Growing faster (revenue YoY)
EFX
EFX
+89.1% gap
EFX
14.3%
-74.7%
ALHC
Higher net margin
EFX
EFX
9.5% more per $
EFX
10.4%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
6.9%
EFX

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
ALHC
ALHC
EFX
EFX
Revenue
$1.2B
$1.6B
Net Profit
$11.4M
$171.5M
Gross Margin
Operating Margin
17.4%
Net Margin
0.9%
10.4%
Revenue YoY
-74.7%
14.3%
Net Profit YoY
28.9%
EPS (diluted)

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
EFX
EFX
Q2 26
$1.6B
Q1 26
$1.2B
$1.6B
Q4 25
$1.0B
$1.6B
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
$1.4B
Net Profit
ALHC
ALHC
EFX
EFX
Q2 26
$171.5M
Q1 26
$11.4M
$171.5M
Q4 25
$-11.0M
$175.7M
Q3 25
$3.7M
$160.2M
Q2 25
$15.7M
$191.3M
Q1 25
$-9.1M
$133.1M
Q4 24
$-31.1M
$174.0M
Q3 24
$-26.4M
$141.3M
Operating Margin
ALHC
ALHC
EFX
EFX
Q2 26
17.4%
Q1 26
17.4%
Q4 25
-1.0%
18.3%
Q3 25
0.8%
17.1%
Q2 25
2.2%
20.2%
Q1 25
-0.6%
16.4%
Q4 24
-3.2%
20.3%
Q3 24
-2.8%
17.1%
Net Margin
ALHC
ALHC
EFX
EFX
Q2 26
10.4%
Q1 26
0.9%
10.4%
Q4 25
-1.1%
11.3%
Q3 25
0.4%
10.4%
Q2 25
1.5%
12.4%
Q1 25
-1.0%
9.2%
Q4 24
-4.4%
12.3%
Q3 24
-3.8%
9.8%
EPS (diluted)
ALHC
ALHC
EFX
EFX
Q2 26
Q1 26
Q4 25
$-0.04
$1.44
Q3 25
$0.02
$1.29
Q2 25
$0.07
$1.53
Q1 25
$-0.05
$1.06
Q4 24
$-0.15
$1.40
Q3 24
$-0.14
$1.13

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
EFX
EFX
Cash + ST InvestmentsLiquidity on hand
$705.6M
$183.4M
Total DebtLower is stronger
$5.3B
Stockholders' EquityBook value
$206.9M
$4.6B
Total Assets
$1.3B
$11.9B
Debt / EquityLower = less leverage
1.16×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
EFX
EFX
Q2 26
$183.4M
Q1 26
$705.6M
$183.4M
Q4 25
$604.2M
$180.8M
Q3 25
$644.1M
$189.0M
Q2 25
$503.8M
$189.0M
Q1 25
$479.5M
$195.2M
Q4 24
$470.6M
$169.9M
Q3 24
$381.0M
$468.2M
Total Debt
ALHC
ALHC
EFX
EFX
Q2 26
$5.3B
Q1 26
$5.3B
Q4 25
$323.2M
$5.1B
Q3 25
$322.7M
Q2 25
$322.3M
Q1 25
$321.9M
Q4 24
$321.4M
$5.0B
Q3 24
$212.0M
Stockholders' Equity
ALHC
ALHC
EFX
EFX
Q2 26
$4.6B
Q1 26
$206.9M
$4.6B
Q4 25
$179.3M
$4.6B
Q3 25
$161.9M
$4.9B
Q2 25
$141.0M
$5.1B
Q1 25
$108.1M
$5.0B
Q4 24
$99.9M
$4.8B
Q3 24
$114.5M
$4.9B
Total Assets
ALHC
ALHC
EFX
EFX
Q2 26
$11.9B
Q1 26
$1.3B
$11.9B
Q4 25
$1.1B
$11.9B
Q3 25
$1.1B
$11.8B
Q2 25
$1.0B
$11.9B
Q1 25
$895.6M
$11.9B
Q4 24
$782.1M
$11.8B
Q3 24
$692.3M
$12.3B
Debt / Equity
ALHC
ALHC
EFX
EFX
Q2 26
1.16×
Q1 26
1.16×
Q4 25
1.80×
1.11×
Q3 25
1.99×
Q2 25
2.29×
Q1 25
2.98×
Q4 24
3.22×
1.05×
Q3 24
1.85×

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
EFX
EFX
Operating Cash FlowLast quarter
$128.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
7.3%
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
EFX
EFX
Q2 26
Q1 26
$128.7M
Q4 25
$-50.4M
$470.8M
Q3 25
$144.6M
$559.9M
Q2 25
$29.1M
$361.1M
Q1 25
$16.6M
$223.9M
Q4 24
$-8.7M
$324.8M
Q3 24
$26.2M
$479.5M
Free Cash Flow
ALHC
ALHC
EFX
EFX
Q2 26
Q1 26
Q4 25
$-55.4M
$340.8M
Q3 25
$139.1M
$437.9M
Q2 25
$21.1M
$238.9M
Q1 25
$8.4M
$116.7M
Q4 24
$-18.0M
$205.9M
Q3 24
$16.9M
$355.5M
FCF Margin
ALHC
ALHC
EFX
EFX
Q2 26
Q1 26
Q4 25
-5.5%
22.0%
Q3 25
14.0%
28.3%
Q2 25
2.1%
15.5%
Q1 25
0.9%
8.1%
Q4 24
-2.6%
14.5%
Q3 24
2.4%
24.7%
Capex Intensity
ALHC
ALHC
EFX
EFX
Q2 26
7.3%
Q1 26
7.3%
Q4 25
0.5%
8.4%
Q3 25
0.6%
7.9%
Q2 25
0.8%
8.0%
Q1 25
0.9%
7.4%
Q4 24
1.3%
8.4%
Q3 24
1.3%
8.6%
Cash Conversion
ALHC
ALHC
EFX
EFX
Q2 26
Q1 26
11.27×
Q4 25
2.68×
Q3 25
38.77×
3.50×
Q2 25
1.86×
1.89×
Q1 25
1.68×
Q4 24
1.87×
Q3 24
3.39×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

EFX
EFX

Verification Services$571.4M35%
Online Information Solutions$553.7M34%
Employer Services$111.7M7%
Latin America$102.7M6%
Europe$94.0M6%
Asia Pacific$92.6M6%
Canada$70.9M4%
Other$51.9M3%

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