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

Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.3× Alignment Healthcare, Inc.). Huntington Ingalls Industries runs the higher net margin — 8.9% vs 0.9%, a 8.0% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -25.2%).

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.

Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.

ALHC vs HII — Head-to-Head

Bigger by revenue
HII
HII
1.3× larger
HII
$1.7B
$1.2B
ALHC
Growing faster (revenue YoY)
HII
HII
+88.6% gap
HII
13.8%
-74.7%
ALHC
Higher net margin
HII
HII
8.0% more per $
HII
8.9%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
-25.2%
HII

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALHC
ALHC
HII
HII
Revenue
$1.2B
$1.7B
Net Profit
$11.4M
$149.0M
Gross Margin
Operating Margin
9.3%
Net Margin
0.9%
8.9%
Revenue YoY
-74.7%
13.8%
Net Profit YoY
EPS (diluted)
$3.79

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
HII
HII
Q1 26
$1.2B
$1.7B
Q4 25
$1.0B
$3.5B
Q3 25
$993.7M
$3.2B
Q2 25
$1.0B
$3.1B
Q1 25
$926.9M
$2.7B
Q4 24
$701.2M
$3.0B
Q3 24
$692.4M
$2.7B
Q2 24
$681.3M
$3.0B
Net Profit
ALHC
ALHC
HII
HII
Q1 26
$11.4M
$149.0M
Q4 25
$-11.0M
$159.0M
Q3 25
$3.7M
$145.0M
Q2 25
$15.7M
$152.0M
Q1 25
$-9.1M
$149.0M
Q4 24
$-31.1M
$123.0M
Q3 24
$-26.4M
$101.0M
Q2 24
$-24.0M
$173.0M
Operating Margin
ALHC
ALHC
HII
HII
Q1 26
9.3%
Q4 25
-1.0%
4.9%
Q3 25
0.8%
5.0%
Q2 25
2.2%
5.3%
Q1 25
-0.6%
5.9%
Q4 24
-3.2%
3.7%
Q3 24
-2.8%
3.0%
Q2 24
-2.7%
6.3%
Net Margin
ALHC
ALHC
HII
HII
Q1 26
0.9%
8.9%
Q4 25
-1.1%
4.6%
Q3 25
0.4%
4.5%
Q2 25
1.5%
4.9%
Q1 25
-1.0%
5.4%
Q4 24
-4.4%
4.1%
Q3 24
-3.8%
3.7%
Q2 24
-3.5%
5.8%
EPS (diluted)
ALHC
ALHC
HII
HII
Q1 26
$3.79
Q4 25
$-0.04
$4.06
Q3 25
$0.02
$3.68
Q2 25
$0.07
$3.86
Q1 25
$-0.05
$3.79
Q4 24
$-0.15
$3.15
Q3 24
$-0.14
$2.56
Q2 24
$-0.13
$4.38

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
HII
HII
Cash + ST InvestmentsLiquidity on hand
$705.6M
$216.0M
Total DebtLower is stronger
$2.7B
Stockholders' EquityBook value
$206.9M
$5.1B
Total Assets
$1.3B
$12.5B
Debt / EquityLower = less leverage
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
HII
HII
Q1 26
$705.6M
$216.0M
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
Total Debt
ALHC
ALHC
HII
HII
Q1 26
$2.7B
Q4 25
$323.2M
$2.7B
Q3 25
$322.7M
Q2 25
$322.3M
Q1 25
$321.9M
Q4 24
$321.4M
$2.7B
Q3 24
$212.0M
Q2 24
$211.7M
Stockholders' Equity
ALHC
ALHC
HII
HII
Q1 26
$206.9M
$5.1B
Q4 25
$179.3M
$5.1B
Q3 25
$161.9M
$5.0B
Q2 25
$141.0M
$4.9B
Q1 25
$108.1M
$4.8B
Q4 24
$99.9M
$4.7B
Q3 24
$114.5M
$4.2B
Q2 24
$123.7M
$4.2B
Total Assets
ALHC
ALHC
HII
HII
Q1 26
$1.3B
$12.5B
Q4 25
$1.1B
$12.7B
Q3 25
$1.1B
$12.3B
Q2 25
$1.0B
$12.1B
Q1 25
$895.6M
$12.1B
Q4 24
$782.1M
$12.1B
Q3 24
$692.3M
$11.1B
Q2 24
$716.3M
$11.3B
Debt / Equity
ALHC
ALHC
HII
HII
Q1 26
0.52×
Q4 25
1.80×
0.53×
Q3 25
1.99×
Q2 25
2.29×
Q1 25
2.98×
Q4 24
3.22×
0.58×
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
HII
HII
Operating Cash FlowLast quarter
$128.7M
$-390.0M
Free Cash FlowOCF − Capex
$-461.0M
FCF MarginFCF / Revenue
-27.7%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
11.27×
-2.62×
TTM Free Cash FlowTrailing 4 quarters
$795.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
HII
HII
Q1 26
$128.7M
$-390.0M
Q4 25
$-50.4M
$650.0M
Q3 25
$144.6M
$118.0M
Q2 25
$29.1M
$823.0M
Q1 25
$16.6M
$-395.0M
Q4 24
$-8.7M
$391.0M
Q3 24
$26.2M
$213.0M
Q2 24
$23.5M
$-9.0M
Free Cash Flow
ALHC
ALHC
HII
HII
Q1 26
$-461.0M
Q4 25
$-55.4M
$516.0M
Q3 25
$139.1M
$13.0M
Q2 25
$21.1M
$727.0M
Q1 25
$8.4M
$-462.0M
Q4 24
$-18.0M
$277.0M
Q3 24
$16.9M
$125.0M
Q2 24
$11.8M
$-99.0M
FCF Margin
ALHC
ALHC
HII
HII
Q1 26
-27.7%
Q4 25
-5.5%
14.8%
Q3 25
14.0%
0.4%
Q2 25
2.1%
23.6%
Q1 25
0.9%
-16.9%
Q4 24
-2.6%
9.2%
Q3 24
2.4%
4.5%
Q2 24
1.7%
-3.3%
Capex Intensity
ALHC
ALHC
HII
HII
Q1 26
4.4%
Q4 25
0.5%
3.9%
Q3 25
0.6%
3.3%
Q2 25
0.8%
3.1%
Q1 25
0.9%
2.5%
Q4 24
1.3%
3.8%
Q3 24
1.3%
3.2%
Q2 24
1.7%
3.0%
Cash Conversion
ALHC
ALHC
HII
HII
Q1 26
11.27×
-2.62×
Q4 25
4.09×
Q3 25
38.77×
0.81×
Q2 25
1.86×
5.41×
Q1 25
-2.65×
Q4 24
3.18×
Q3 24
2.11×
Q2 24
-0.05×

Financial Flow Comparison

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

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