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

Hubbell Incorporated is the larger business by last-quarter revenue ($1.5B vs $1.2B, roughly 1.2× Alignment Healthcare, Inc.). Hubbell Incorporated runs the higher net margin — 14.6% vs 0.9%, a 13.7% gap on every dollar of revenue. On growth, Hubbell Incorporated posted the faster year-over-year revenue change (11.9% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 3.3%).

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.

Hubbell Incorporated, headquartered in Shelton, Connecticut, is an American company that designs, manufactures, and sells electrical and electronic products for non-residential and residential construction, industrial, and utility applications. Hubbell was founded by Harvey Hubbell as a proprietorship in 1888, and was incorporated in Connecticut in 1905.

ALHC vs HUBB — Head-to-Head

Bigger by revenue
HUBB
HUBB
1.2× larger
HUBB
$1.5B
$1.2B
ALHC
Growing faster (revenue YoY)
HUBB
HUBB
+86.6% gap
HUBB
11.9%
-74.7%
ALHC
Higher net margin
HUBB
HUBB
13.7% more per $
HUBB
14.6%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
3.3%
HUBB

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALHC
ALHC
HUBB
HUBB
Revenue
$1.2B
$1.5B
Net Profit
$11.4M
$217.7M
Gross Margin
34.6%
Operating Margin
20.3%
Net Margin
0.9%
14.6%
Revenue YoY
-74.7%
11.9%
Net Profit YoY
10.5%
EPS (diluted)
$4.06

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
HUBB
HUBB
Q1 26
$1.2B
Q4 25
$1.0B
$1.5B
Q3 25
$993.7M
$1.5B
Q2 25
$1.0B
$1.5B
Q1 25
$926.9M
$1.4B
Q4 24
$701.2M
$1.3B
Q3 24
$692.4M
$1.4B
Q2 24
$681.3M
$1.5B
Net Profit
ALHC
ALHC
HUBB
HUBB
Q1 26
$11.4M
Q4 25
$-11.0M
$217.7M
Q3 25
$3.7M
$255.5M
Q2 25
$15.7M
$244.2M
Q1 25
$-9.1M
$169.7M
Q4 24
$-31.1M
$197.0M
Q3 24
$-26.4M
$219.4M
Q2 24
$-24.0M
$213.6M
Gross Margin
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
34.6%
Q3 25
36.2%
Q2 25
37.2%
Q1 25
33.1%
Q4 24
33.8%
Q3 24
34.5%
Q2 24
35.0%
Operating Margin
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
-1.0%
20.3%
Q3 25
0.8%
22.0%
Q2 25
2.2%
22.7%
Q1 25
-0.6%
17.5%
Q4 24
-3.2%
19.3%
Q3 24
-2.8%
21.1%
Q2 24
-2.7%
20.7%
Net Margin
ALHC
ALHC
HUBB
HUBB
Q1 26
0.9%
Q4 25
-1.1%
14.6%
Q3 25
0.4%
17.0%
Q2 25
1.5%
16.5%
Q1 25
-1.0%
12.4%
Q4 24
-4.4%
14.8%
Q3 24
-3.8%
15.2%
Q2 24
-3.5%
14.7%
EPS (diluted)
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
$-0.04
$4.06
Q3 25
$0.02
$4.77
Q2 25
$0.07
$4.56
Q1 25
$-0.05
$3.15
Q4 24
$-0.15
$3.65
Q3 24
$-0.14
$4.05
Q2 24
$-0.13
$3.94

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
HUBB
HUBB
Cash + ST InvestmentsLiquidity on hand
$705.6M
$497.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$206.9M
$3.8B
Total Assets
$1.3B
$8.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
HUBB
HUBB
Q1 26
$705.6M
Q4 25
$604.2M
$497.9M
Q3 25
$644.1M
$680.9M
Q2 25
$503.8M
$399.6M
Q1 25
$479.5M
$360.3M
Q4 24
$470.6M
$345.0M
Q3 24
$381.0M
$445.6M
Q2 24
$363.7M
$406.5M
Total Debt
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
$323.2M
Q3 25
$322.7M
$1.4B
Q2 25
$322.3M
$1.4B
Q1 25
$321.9M
$1.4B
Q4 24
$321.4M
$1.4B
Q3 24
$212.0M
$1.7B
Q2 24
$211.7M
$1.9B
Stockholders' Equity
ALHC
ALHC
HUBB
HUBB
Q1 26
$206.9M
Q4 25
$179.3M
$3.8B
Q3 25
$161.9M
$3.7B
Q2 25
$141.0M
$3.5B
Q1 25
$108.1M
$3.3B
Q4 24
$99.9M
$3.3B
Q3 24
$114.5M
$3.2B
Q2 24
$123.7M
$3.1B
Total Assets
ALHC
ALHC
HUBB
HUBB
Q1 26
$1.3B
Q4 25
$1.1B
$8.2B
Q3 25
$1.1B
$7.5B
Q2 25
$1.0B
$7.1B
Q1 25
$895.6M
$6.9B
Q4 24
$782.1M
$6.7B
Q3 24
$692.3M
$6.9B
Q2 24
$716.3M
$6.9B
Debt / Equity
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
1.80×
Q3 25
1.99×
0.39×
Q2 25
2.29×
0.41×
Q1 25
2.98×
0.44×
Q4 24
3.22×
0.44×
Q3 24
1.85×
0.51×
Q2 24
1.71×
0.63×

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
HUBB
HUBB
Operating Cash FlowLast quarter
$128.7M
$447.5M
Free Cash FlowOCF − Capex
$388.8M
FCF MarginFCF / Revenue
26.0%
Capex IntensityCapex / Revenue
3.9%
Cash ConversionOCF / Net Profit
11.27×
2.06×
TTM Free Cash FlowTrailing 4 quarters
$874.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
HUBB
HUBB
Q1 26
$128.7M
Q4 25
$-50.4M
$447.5M
Q3 25
$144.6M
$284.3M
Q2 25
$29.1M
$260.6M
Q1 25
$16.6M
$37.4M
Q4 24
$-8.7M
$432.4M
Q3 24
$26.2M
$227.0M
Q2 24
$23.5M
$239.6M
Free Cash Flow
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
$-55.4M
$388.8M
Q3 25
$139.1M
$253.8M
Q2 25
$21.1M
$220.7M
Q1 25
$8.4M
$11.4M
Q4 24
$-18.0M
$364.4M
Q3 24
$16.9M
$188.8M
Q2 24
$11.8M
$205.7M
FCF Margin
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
-5.5%
26.0%
Q3 25
14.0%
16.9%
Q2 25
2.1%
14.9%
Q1 25
0.9%
0.8%
Q4 24
-2.6%
27.3%
Q3 24
2.4%
13.1%
Q2 24
1.7%
14.2%
Capex Intensity
ALHC
ALHC
HUBB
HUBB
Q1 26
Q4 25
0.5%
3.9%
Q3 25
0.6%
2.0%
Q2 25
0.8%
2.7%
Q1 25
0.9%
1.9%
Q4 24
1.3%
5.1%
Q3 24
1.3%
2.6%
Q2 24
1.7%
2.3%
Cash Conversion
ALHC
ALHC
HUBB
HUBB
Q1 26
11.27×
Q4 25
2.06×
Q3 25
38.77×
1.11×
Q2 25
1.86×
1.07×
Q1 25
0.22×
Q4 24
2.19×
Q3 24
1.03×
Q2 24
1.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

HUBB
HUBB

Grid Infrastructure$717.0M48%
Industrial$393.7M26%
Grid Automation$218.9M15%
Electrical Products$163.1M11%

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