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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $755.1M, roughly 1.3× Knife River Corp). Knife River Corp runs the higher net margin — 4.2% vs -1.1%, a 5.3% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 14.9%). Knife River Corp produced more free cash flow last quarter ($138.2M vs $-55.4M). Over the past eight quarters, Knife River Corp's revenue compounded faster (51.4% CAGR vs 26.9%).

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.

Columbia River Knife & Tool, Inc. (CRKT) is an American knife company established in 1994, and currently based in Tualatin, Oregon, United States. The company's president and sales executive is Rod Bremer and the finance executive is Peggy Bremer.

ALHC vs KNF — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.3× larger
ALHC
$1.0B
$755.1M
KNF
Growing faster (revenue YoY)
ALHC
ALHC
+29.5% gap
ALHC
44.4%
14.9%
KNF
Higher net margin
KNF
KNF
5.3% more per $
KNF
4.2%
-1.1%
ALHC
More free cash flow
KNF
KNF
$193.6M more FCF
KNF
$138.2M
$-55.4M
ALHC
Faster 2-yr revenue CAGR
KNF
KNF
Annualised
KNF
51.4%
26.9%
ALHC

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALHC
ALHC
KNF
KNF
Revenue
$1.0B
$755.1M
Net Profit
$-11.0M
$32.0M
Gross Margin
19.2%
Operating Margin
-1.0%
8.6%
Net Margin
-1.1%
4.2%
Revenue YoY
44.4%
14.9%
Net Profit YoY
64.6%
37.6%
EPS (diluted)
$-0.04
$0.56

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
KNF
KNF
Q4 25
$1.0B
$755.1M
Q3 25
$993.7M
$1.2B
Q2 25
$1.0B
$833.8M
Q1 25
$926.9M
$353.5M
Q4 24
$701.2M
$657.2M
Q3 24
$692.4M
$1.1B
Q2 24
$681.3M
$806.9M
Q1 24
$628.6M
$329.6M
Net Profit
ALHC
ALHC
KNF
KNF
Q4 25
$-11.0M
$32.0M
Q3 25
$3.7M
$143.2M
Q2 25
$15.7M
$50.6M
Q1 25
$-9.1M
$-68.7M
Q4 24
$-31.1M
$23.3M
Q3 24
$-26.4M
$148.1M
Q2 24
$-24.0M
$77.9M
Q1 24
$-46.5M
$-47.6M
Gross Margin
ALHC
ALHC
KNF
KNF
Q4 25
19.2%
Q3 25
23.6%
Q2 25
18.9%
Q1 25
-2.7%
Q4 24
17.4%
Q3 24
24.7%
Q2 24
21.8%
Q1 24
2.0%
Operating Margin
ALHC
ALHC
KNF
KNF
Q4 25
-1.0%
8.6%
Q3 25
0.8%
17.9%
Q2 25
2.2%
10.6%
Q1 25
-0.6%
-23.4%
Q4 24
-3.2%
6.7%
Q3 24
-2.8%
18.9%
Q2 24
-2.7%
14.5%
Q1 24
-6.5%
-16.3%
Net Margin
ALHC
ALHC
KNF
KNF
Q4 25
-1.1%
4.2%
Q3 25
0.4%
11.9%
Q2 25
1.5%
6.1%
Q1 25
-1.0%
-19.4%
Q4 24
-4.4%
3.5%
Q3 24
-3.8%
13.4%
Q2 24
-3.5%
9.7%
Q1 24
-7.4%
-14.5%
EPS (diluted)
ALHC
ALHC
KNF
KNF
Q4 25
$-0.04
$0.56
Q3 25
$0.02
$2.52
Q2 25
$0.07
$0.89
Q1 25
$-0.05
$-1.21
Q4 24
$-0.15
$0.42
Q3 24
$-0.14
$2.60
Q2 24
$-0.13
$1.37
Q1 24
$-0.25
$-0.84

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
KNF
KNF
Cash + ST InvestmentsLiquidity on hand
$604.2M
$73.8M
Total DebtLower is stronger
$323.2M
$1.2B
Stockholders' EquityBook value
$179.3M
$1.6B
Total Assets
$1.1B
$3.7B
Debt / EquityLower = less leverage
1.80×
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
KNF
KNF
Q4 25
$604.2M
$73.8M
Q3 25
$644.1M
$30.7M
Q2 25
$503.8M
$26.6M
Q1 25
$479.5M
$86.1M
Q4 24
$470.6M
$236.8M
Q3 24
$381.0M
$220.4M
Q2 24
$363.7M
$15.5M
Q1 24
$301.7M
$128.4M
Total Debt
ALHC
ALHC
KNF
KNF
Q4 25
$323.2M
$1.2B
Q3 25
$322.7M
$1.2B
Q2 25
$322.3M
$1.4B
Q1 25
$321.9M
$1.2B
Q4 24
$321.4M
$677.4M
Q3 24
$212.0M
$678.5M
Q2 24
$211.7M
$679.5M
Q1 24
$162.0M
$680.6M
Stockholders' Equity
ALHC
ALHC
KNF
KNF
Q4 25
$179.3M
$1.6B
Q3 25
$161.9M
$1.6B
Q2 25
$141.0M
$1.5B
Q1 25
$108.1M
$1.4B
Q4 24
$99.9M
$1.5B
Q3 24
$114.5M
$1.4B
Q2 24
$123.7M
$1.3B
Q1 24
$130.9M
$1.2B
Total Assets
ALHC
ALHC
KNF
KNF
Q4 25
$1.1B
$3.7B
Q3 25
$1.1B
$3.7B
Q2 25
$1.0B
$3.6B
Q1 25
$895.6M
$3.3B
Q4 24
$782.1M
$2.9B
Q3 24
$692.3M
$2.9B
Q2 24
$716.3M
$2.7B
Q1 24
$633.2M
$2.5B
Debt / Equity
ALHC
ALHC
KNF
KNF
Q4 25
1.80×
0.71×
Q3 25
1.99×
0.74×
Q2 25
2.29×
0.93×
Q1 25
2.98×
0.83×
Q4 24
3.22×
0.46×
Q3 24
1.85×
0.47×
Q2 24
1.71×
0.52×
Q1 24
1.24×
0.56×

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
KNF
KNF
Operating Cash FlowLast quarter
$-50.4M
$195.9M
Free Cash FlowOCF − Capex
$-55.4M
$138.2M
FCF MarginFCF / Revenue
-5.5%
18.3%
Capex IntensityCapex / Revenue
0.5%
7.6%
Cash ConversionOCF / Net Profit
6.12×
TTM Free Cash FlowTrailing 4 quarters
$113.1M
$-69.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
KNF
KNF
Q4 25
$-50.4M
$195.9M
Q3 25
$144.6M
$250.4M
Q2 25
$29.1M
$-42.6M
Q1 25
$16.6M
$-125.3M
Q4 24
$-8.7M
$172.4M
Q3 24
$26.2M
$239.7M
Q2 24
$23.5M
$-46.6M
Q1 24
$-6.2M
$-43.2M
Free Cash Flow
ALHC
ALHC
KNF
KNF
Q4 25
$-55.4M
$138.2M
Q3 25
$139.1M
$188.7M
Q2 25
$21.1M
$-196.2M
Q1 25
$8.4M
$-200.2M
Q4 24
$-18.0M
$127.2M
Q3 24
$16.9M
$216.1M
Q2 24
$11.8M
$-106.5M
Q1 24
$-17.4M
$-86.9M
FCF Margin
ALHC
ALHC
KNF
KNF
Q4 25
-5.5%
18.3%
Q3 25
14.0%
15.7%
Q2 25
2.1%
-23.5%
Q1 25
0.9%
-56.6%
Q4 24
-2.6%
19.3%
Q3 24
2.4%
19.6%
Q2 24
1.7%
-13.2%
Q1 24
-2.8%
-26.4%
Capex Intensity
ALHC
ALHC
KNF
KNF
Q4 25
0.5%
7.6%
Q3 25
0.6%
5.1%
Q2 25
0.8%
18.4%
Q1 25
0.9%
21.2%
Q4 24
1.3%
6.9%
Q3 24
1.3%
2.1%
Q2 24
1.7%
7.4%
Q1 24
1.8%
13.3%
Cash Conversion
ALHC
ALHC
KNF
KNF
Q4 25
6.12×
Q3 25
38.77×
1.75×
Q2 25
1.86×
-0.84×
Q1 25
Q4 24
7.41×
Q3 24
1.62×
Q2 24
-0.60×
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

KNF
KNF

Services$347.2M46%
Ready Mix Concrete$88.4M12%
Contracting Services Public Sector$80.2M11%
Aggregates$73.9M10%
Energy Services Segment$56.2M7%
Liquid Asphalt$49.1M7%
Other$43.2M6%
Asphalt$22.7M3%

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