vs
Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and Installed Building Products, Inc. (IBP). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $747.5M, roughly 1.4× Installed Building Products, Inc.). Installed Building Products, Inc. runs the higher net margin — 10.2% vs -1.1%, a 11.3% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs -0.4%). Installed Building Products, Inc. produced more free cash flow last quarter ($49.3M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 3.9%).
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.
Installed Building Products, Inc. is a leading US-based provider of professional installation services for building products. Core offerings include insulation, gutters, garage doors, fire protection systems and window treatments, serving residential new construction, repair & remodel, and commercial construction segments across most US regions.
ALHC vs IBP — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $747.5M |
| Net Profit | $-11.0M | $76.6M |
| Gross Margin | — | 35.0% |
| Operating Margin | -1.0% | 14.6% |
| Net Margin | -1.1% | 10.2% |
| Revenue YoY | 44.4% | -0.4% |
| Net Profit YoY | 64.6% | 14.5% |
| EPS (diluted) | $-0.04 | $2.81 |
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.
| Q4 25 | $1.0B | $747.5M | ||
| Q3 25 | $993.7M | $778.2M | ||
| Q2 25 | $1.0B | $760.3M | ||
| Q1 25 | $926.9M | $684.8M | ||
| Q4 24 | $701.2M | $750.2M | ||
| Q3 24 | $692.4M | $760.6M | ||
| Q2 24 | $681.3M | $737.6M | ||
| Q1 24 | $628.6M | $692.9M |
| Q4 25 | $-11.0M | $76.6M | ||
| Q3 25 | $3.7M | $74.4M | ||
| Q2 25 | $15.7M | $69.0M | ||
| Q1 25 | $-9.1M | $45.4M | ||
| Q4 24 | $-31.1M | $66.9M | ||
| Q3 24 | $-26.4M | $68.6M | ||
| Q2 24 | $-24.0M | $65.2M | ||
| Q1 24 | $-46.5M | $55.9M |
| Q4 25 | — | 35.0% | ||
| Q3 25 | — | 34.0% | ||
| Q2 25 | — | 34.2% | ||
| Q1 25 | — | 32.7% | ||
| Q4 24 | — | 33.6% | ||
| Q3 24 | — | 33.8% | ||
| Q2 24 | — | 34.1% | ||
| Q1 24 | — | 33.8% |
| Q4 25 | -1.0% | 14.6% | ||
| Q3 25 | 0.8% | 13.7% | ||
| Q2 25 | 2.2% | 13.3% | ||
| Q1 25 | -0.6% | 10.2% | ||
| Q4 24 | -3.2% | 13.1% | ||
| Q3 24 | -2.8% | 13.3% | ||
| Q2 24 | -2.7% | 12.9% | ||
| Q1 24 | -6.5% | 12.7% |
| Q4 25 | -1.1% | 10.2% | ||
| Q3 25 | 0.4% | 9.6% | ||
| Q2 25 | 1.5% | 9.1% | ||
| Q1 25 | -1.0% | 6.6% | ||
| Q4 24 | -4.4% | 8.9% | ||
| Q3 24 | -3.8% | 9.0% | ||
| Q2 24 | -3.5% | 8.8% | ||
| Q1 24 | -7.4% | 8.1% |
| Q4 25 | $-0.04 | $2.81 | ||
| Q3 25 | $0.02 | $2.74 | ||
| Q2 25 | $0.07 | $2.52 | ||
| Q1 25 | $-0.05 | $1.64 | ||
| Q4 24 | $-0.15 | $2.39 | ||
| Q3 24 | $-0.14 | $2.44 | ||
| Q2 24 | $-0.13 | $2.30 | ||
| Q1 24 | $-0.25 | $1.97 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $604.2M | $321.9M |
| Total DebtLower is stronger | $323.2M | $886.6M |
| Stockholders' EquityBook value | $179.3M | $709.9M |
| Total Assets | $1.1B | $2.1B |
| Debt / EquityLower = less leverage | 1.80× | 1.25× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $321.9M | ||
| Q3 25 | $644.1M | $333.3M | ||
| Q2 25 | $503.8M | $305.2M | ||
| Q1 25 | $479.5M | $298.7M | ||
| Q4 24 | $470.6M | $327.6M | ||
| Q3 24 | $381.0M | $406.2M | ||
| Q2 24 | $363.7M | $380.3M | ||
| Q1 24 | $301.7M | $399.9M |
| Q4 25 | $323.2M | $886.6M | ||
| Q3 25 | $322.7M | $880.8M | ||
| Q2 25 | $322.3M | $876.1M | ||
| Q1 25 | $321.9M | $872.4M | ||
| Q4 24 | $321.4M | $874.8M | ||
| Q3 24 | $212.0M | $872.3M | ||
| Q2 24 | $211.7M | $875.8M | ||
| Q1 24 | $162.0M | $875.0M |
| Q4 25 | $179.3M | $709.9M | ||
| Q3 25 | $161.9M | $678.6M | ||
| Q2 25 | $141.0M | $664.5M | ||
| Q1 25 | $108.1M | $660.9M | ||
| Q4 24 | $99.9M | $705.3M | ||
| Q3 24 | $114.5M | $716.4M | ||
| Q2 24 | $123.7M | $685.3M | ||
| Q1 24 | $130.9M | $679.2M |
| Q4 25 | $1.1B | $2.1B | ||
| Q3 25 | $1.1B | $2.1B | ||
| Q2 25 | $1.0B | $2.0B | ||
| Q1 25 | $895.6M | $2.0B | ||
| Q4 24 | $782.1M | $2.1B | ||
| Q3 24 | $692.3M | $2.1B | ||
| Q2 24 | $716.3M | $2.0B | ||
| Q1 24 | $633.2M | $2.0B |
| Q4 25 | 1.80× | 1.25× | ||
| Q3 25 | 1.99× | 1.30× | ||
| Q2 25 | 2.29× | 1.32× | ||
| Q1 25 | 2.98× | 1.32× | ||
| Q4 24 | 3.22× | 1.24× | ||
| Q3 24 | 1.85× | 1.22× | ||
| Q2 24 | 1.71× | 1.28× | ||
| Q1 24 | 1.24× | 1.29× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-50.4M | $64.9M |
| Free Cash FlowOCF − Capex | $-55.4M | $49.3M |
| FCF MarginFCF / Revenue | -5.5% | 6.6% |
| Capex IntensityCapex / Revenue | 0.5% | 2.1% |
| Cash ConversionOCF / Net Profit | — | 0.85× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $300.8M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $64.9M | ||
| Q3 25 | $144.6M | $124.0M | ||
| Q2 25 | $29.1M | $90.4M | ||
| Q1 25 | $16.6M | $92.1M | ||
| Q4 24 | $-8.7M | $74.8M | ||
| Q3 24 | $26.2M | $101.4M | ||
| Q2 24 | $23.5M | $79.0M | ||
| Q1 24 | $-6.2M | $84.8M |
| Q4 25 | $-55.4M | $49.3M | ||
| Q3 25 | $139.1M | $104.8M | ||
| Q2 25 | $21.1M | $74.8M | ||
| Q1 25 | $8.4M | $71.9M | ||
| Q4 24 | $-18.0M | $52.9M | ||
| Q3 24 | $16.9M | $77.3M | ||
| Q2 24 | $11.8M | $58.2M | ||
| Q1 24 | $-17.4M | $63.0M |
| Q4 25 | -5.5% | 6.6% | ||
| Q3 25 | 14.0% | 13.5% | ||
| Q2 25 | 2.1% | 9.8% | ||
| Q1 25 | 0.9% | 10.5% | ||
| Q4 24 | -2.6% | 7.1% | ||
| Q3 24 | 2.4% | 10.2% | ||
| Q2 24 | 1.7% | 7.9% | ||
| Q1 24 | -2.8% | 9.1% |
| Q4 25 | 0.5% | 2.1% | ||
| Q3 25 | 0.6% | 2.5% | ||
| Q2 25 | 0.8% | 2.1% | ||
| Q1 25 | 0.9% | 2.9% | ||
| Q4 24 | 1.3% | 2.9% | ||
| Q3 24 | 1.3% | 3.2% | ||
| Q2 24 | 1.7% | 2.8% | ||
| Q1 24 | 1.8% | 3.1% |
| Q4 25 | — | 0.85× | ||
| Q3 25 | 38.77× | 1.67× | ||
| Q2 25 | 1.86× | 1.31× | ||
| Q1 25 | — | 2.03× | ||
| Q4 24 | — | 1.12× | ||
| Q3 24 | — | 1.48× | ||
| Q2 24 | — | 1.21× | ||
| Q1 24 | — | 1.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ALHC
Segment breakdown not available.
IBP
| Residential New Construction | $488.6M | 65% |
| Other Customer Installation | $67.8M | 9% |
| Shower Doors Shelving And Mirrors | $53.5M | 7% |
| Other Building Products | $47.7M | 6% |
| Fireproofing And Firestopping | $37.6M | 5% |
| Rain Gutters | $31.3M | 4% |
| Window Blinds | $18.0M | 2% |
| Related Party | $6.7M | 1% |
