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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.2B vs $809.5M, roughly 1.5× Matador Resources Co). Matador Resources Co runs the higher net margin — 23.8% vs 0.9%, a 22.9% gap on every dollar of revenue. On growth, Matador Resources Co posted the faster year-over-year revenue change (-17.2% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs 1.5%).

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.

Matador Resources Co is an independent energy firm engaged in the exploration, development, production and acquisition of oil, natural gas, and natural gas liquids. Its core operations are in major U.S. onshore resource basins, primarily serving North American energy markets.

ALHC vs MTDR — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.5× larger
ALHC
$1.2B
$809.5M
MTDR
Growing faster (revenue YoY)
MTDR
MTDR
+57.5% gap
MTDR
-17.2%
-74.7%
ALHC
Higher net margin
MTDR
MTDR
22.9% more per $
MTDR
23.8%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
1.5%
MTDR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
ALHC
ALHC
MTDR
MTDR
Revenue
$1.2B
$809.5M
Net Profit
$11.4M
$192.5M
Gross Margin
Operating Margin
30.0%
Net Margin
0.9%
23.8%
Revenue YoY
-74.7%
-17.2%
Net Profit YoY
-10.2%
EPS (diluted)
$1.54

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
MTDR
MTDR
Q1 26
$1.2B
Q4 25
$1.0B
$809.5M
Q3 25
$993.7M
$915.1M
Q2 25
$1.0B
$925.7M
Q1 25
$926.9M
$1.0B
Q4 24
$701.2M
$978.3M
Q3 24
$692.4M
$860.1M
Q2 24
$681.3M
$855.2M
Net Profit
ALHC
ALHC
MTDR
MTDR
Q1 26
$11.4M
Q4 25
$-11.0M
$192.5M
Q3 25
$3.7M
$176.4M
Q2 25
$15.7M
$150.2M
Q1 25
$-9.1M
$240.1M
Q4 24
$-31.1M
$214.5M
Q3 24
$-26.4M
$248.3M
Q2 24
$-24.0M
$228.8M
Operating Margin
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
-1.0%
30.0%
Q3 25
0.8%
33.4%
Q2 25
2.2%
31.2%
Q1 25
-0.6%
38.7%
Q4 24
-3.2%
36.8%
Q3 24
-2.8%
45.6%
Q2 24
-2.7%
42.5%
Net Margin
ALHC
ALHC
MTDR
MTDR
Q1 26
0.9%
Q4 25
-1.1%
23.8%
Q3 25
0.4%
19.3%
Q2 25
1.5%
16.2%
Q1 25
-1.0%
23.9%
Q4 24
-4.4%
21.9%
Q3 24
-3.8%
28.9%
Q2 24
-3.5%
26.8%
EPS (diluted)
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
$-0.04
$1.54
Q3 25
$0.02
$1.42
Q2 25
$0.07
$1.21
Q1 25
$-0.05
$1.92
Q4 24
$-0.15
$1.71
Q3 24
$-0.14
$1.99
Q2 24
$-0.13
$1.83

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
MTDR
MTDR
Cash + ST InvestmentsLiquidity on hand
$705.6M
$15.3M
Total DebtLower is stronger
$3.4B
Stockholders' EquityBook value
$206.9M
$5.7B
Total Assets
$1.3B
$11.7B
Debt / EquityLower = less leverage
0.60×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
MTDR
MTDR
Q1 26
$705.6M
Q4 25
$604.2M
$15.3M
Q3 25
$644.1M
$20.1M
Q2 25
$503.8M
$10.5M
Q1 25
$479.5M
$14.5M
Q4 24
$470.6M
$23.0M
Q3 24
$381.0M
$23.3M
Q2 24
$363.7M
$15.2M
Total Debt
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
$323.2M
$3.4B
Q3 25
$322.7M
$3.2B
Q2 25
$322.3M
$3.3B
Q1 25
$321.9M
$3.2B
Q4 24
$321.4M
$3.3B
Q3 24
$212.0M
Q2 24
$211.7M
Stockholders' Equity
ALHC
ALHC
MTDR
MTDR
Q1 26
$206.9M
Q4 25
$179.3M
$5.7B
Q3 25
$161.9M
$5.5B
Q2 25
$141.0M
$5.4B
Q1 25
$108.1M
$5.3B
Q4 24
$99.9M
$5.1B
Q3 24
$114.5M
$4.9B
Q2 24
$123.7M
$4.6B
Total Assets
ALHC
ALHC
MTDR
MTDR
Q1 26
$1.3B
Q4 25
$1.1B
$11.7B
Q3 25
$1.1B
$11.6B
Q2 25
$1.0B
$11.3B
Q1 25
$895.6M
$11.1B
Q4 24
$782.1M
$10.9B
Q3 24
$692.3M
$10.6B
Q2 24
$716.3M
$8.5B
Debt / Equity
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
1.80×
0.60×
Q3 25
1.99×
0.58×
Q2 25
2.29×
0.61×
Q1 25
2.98×
0.60×
Q4 24
3.22×
0.65×
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
MTDR
MTDR
Operating Cash FlowLast quarter
$128.7M
$474.4M
Free Cash FlowOCF − Capex
$8.1M
FCF MarginFCF / Revenue
1.0%
Capex IntensityCapex / Revenue
57.6%
Cash ConversionOCF / Net Profit
11.27×
2.46×
TTM Free Cash FlowTrailing 4 quarters
$269.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
MTDR
MTDR
Q1 26
$128.7M
Q4 25
$-50.4M
$474.4M
Q3 25
$144.6M
$721.7M
Q2 25
$29.1M
$501.0M
Q1 25
$16.6M
$727.9M
Q4 24
$-8.7M
$575.0M
Q3 24
$26.2M
$610.4M
Q2 24
$23.5M
$592.9M
Free Cash Flow
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
$-55.4M
$8.1M
Q3 25
$139.1M
$78.3M
Q2 25
$21.1M
$9.6M
Q1 25
$8.4M
$173.6M
Q4 24
$-18.0M
$45.2M
Q3 24
$16.9M
$-1.6B
Q2 24
$11.8M
$69.0M
FCF Margin
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
-5.5%
1.0%
Q3 25
14.0%
8.6%
Q2 25
2.1%
1.0%
Q1 25
0.9%
17.3%
Q4 24
-2.6%
4.6%
Q3 24
2.4%
-186.5%
Q2 24
1.7%
8.1%
Capex Intensity
ALHC
ALHC
MTDR
MTDR
Q1 26
Q4 25
0.5%
57.6%
Q3 25
0.6%
70.3%
Q2 25
0.8%
53.1%
Q1 25
0.9%
55.1%
Q4 24
1.3%
54.2%
Q3 24
1.3%
257.4%
Q2 24
1.7%
61.3%
Cash Conversion
ALHC
ALHC
MTDR
MTDR
Q1 26
11.27×
Q4 25
2.46×
Q3 25
38.77×
4.09×
Q2 25
1.86×
3.34×
Q1 25
3.03×
Q4 24
2.68×
Q3 24
2.46×
Q2 24
2.59×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALHC
ALHC

Segment breakdown not available.

MTDR
MTDR

Oil And Gas$702.8M87%
Natural Gas Sales$61.3M8%
Natural Gas Midstream$45.4M6%

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