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

NVR, Inc. is the larger business by last-quarter revenue ($1.8B vs $1.2B, roughly 1.5× Alignment Healthcare, Inc.). NVR, Inc. runs the higher net margin — 10.8% vs 0.9%, a 9.9% gap on every dollar of revenue. On growth, NVR, Inc. posted the faster year-over-year revenue change (-21.9% vs -74.7%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (34.6% CAGR vs -16.2%).

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.

NVR, Inc. is an American company engaged in home construction headquartered in Reston, Virginia. It also operates a mortgage banking and title services business. The company primarily operates on the East Coast of the United States, but its operations encompass 14 states as well as Washington, D.C. In 2021, 22% of the company's revenue was from the Washington metropolitan area.

ALHC vs NVR — Head-to-Head

Bigger by revenue
NVR
NVR
1.5× larger
NVR
$1.8B
$1.2B
ALHC
Growing faster (revenue YoY)
NVR
NVR
+52.8% gap
NVR
-21.9%
-74.7%
ALHC
Higher net margin
NVR
NVR
9.9% more per $
NVR
10.8%
0.9%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
34.6%
-16.2%
NVR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALHC
ALHC
NVR
NVR
Revenue
$1.2B
$1.8B
Net Profit
$11.4M
$198.4M
Gross Margin
180.4%
Operating Margin
Net Margin
0.9%
10.8%
Revenue YoY
-74.7%
-21.9%
Net Profit YoY
EPS (diluted)
$67.76

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
NVR
NVR
Q1 26
$1.2B
$1.8B
Q4 25
$1.0B
$2.7B
Q3 25
$993.7M
$2.6B
Q2 25
$1.0B
$2.6B
Q1 25
$926.9M
$2.4B
Q4 24
$701.2M
$2.8B
Q3 24
$692.4M
$2.7B
Q2 24
$681.3M
$2.6B
Net Profit
ALHC
ALHC
NVR
NVR
Q1 26
$11.4M
$198.4M
Q4 25
$-11.0M
$363.8M
Q3 25
$3.7M
$342.7M
Q2 25
$15.7M
$333.7M
Q1 25
$-9.1M
$299.6M
Q4 24
$-31.1M
$457.4M
Q3 24
$-26.4M
$429.3M
Q2 24
$-24.0M
$400.9M
Gross Margin
ALHC
ALHC
NVR
NVR
Q1 26
180.4%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
ALHC
ALHC
NVR
NVR
Q1 26
Q4 25
-1.0%
Q3 25
0.8%
Q2 25
2.2%
Q1 25
-0.6%
Q4 24
-3.2%
Q3 24
-2.8%
Q2 24
-2.7%
Net Margin
ALHC
ALHC
NVR
NVR
Q1 26
0.9%
10.8%
Q4 25
-1.1%
13.4%
Q3 25
0.4%
13.1%
Q2 25
1.5%
12.8%
Q1 25
-1.0%
12.5%
Q4 24
-4.4%
16.1%
Q3 24
-3.8%
15.7%
Q2 24
-3.5%
15.3%
EPS (diluted)
ALHC
ALHC
NVR
NVR
Q1 26
$67.76
Q4 25
$-0.04
$120.85
Q3 25
$0.02
$112.33
Q2 25
$0.07
$108.54
Q1 25
$-0.05
$94.83
Q4 24
$-0.15
$139.09
Q3 24
$-0.14
$130.50
Q2 24
$-0.13
$120.69

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
NVR
NVR
Cash + ST InvestmentsLiquidity on hand
$705.6M
$1.6B
Total DebtLower is stronger
Stockholders' EquityBook value
$206.9M
$3.5B
Total Assets
$1.3B
$5.6B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
NVR
NVR
Q1 26
$705.6M
$1.6B
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
NVR
NVR
Q1 26
Q4 25
$323.2M
Q3 25
$322.7M
Q2 25
$322.3M
Q1 25
$321.9M
Q4 24
$321.4M
Q3 24
$212.0M
Q2 24
$211.7M
Stockholders' Equity
ALHC
ALHC
NVR
NVR
Q1 26
$206.9M
$3.5B
Q4 25
$179.3M
$3.9B
Q3 25
$161.9M
$4.0B
Q2 25
$141.0M
$3.8B
Q1 25
$108.1M
$4.0B
Q4 24
$99.9M
$4.2B
Q3 24
$114.5M
$4.3B
Q2 24
$123.7M
$4.1B
Total Assets
ALHC
ALHC
NVR
NVR
Q1 26
$1.3B
$5.6B
Q4 25
$1.1B
$5.9B
Q3 25
$1.1B
$6.0B
Q2 25
$1.0B
$5.9B
Q1 25
$895.6M
$6.2B
Q4 24
$782.1M
$6.4B
Q3 24
$692.3M
$6.5B
Q2 24
$716.3M
$6.4B
Debt / Equity
ALHC
ALHC
NVR
NVR
Q1 26
Q4 25
1.80×
Q3 25
1.99×
Q2 25
2.29×
Q1 25
2.98×
Q4 24
3.22×
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
NVR
NVR
Operating Cash FlowLast quarter
$128.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
11.27×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
NVR
NVR
Q1 26
$128.7M
Q4 25
$-50.4M
$439.7M
Q3 25
$144.6M
$438.7M
Q2 25
$29.1M
$35.1M
Q1 25
$16.6M
$207.8M
Q4 24
$-8.7M
$637.0M
Q3 24
$26.2M
$358.3M
Q2 24
$23.5M
$232.7M
Free Cash Flow
ALHC
ALHC
NVR
NVR
Q1 26
Q4 25
$-55.4M
$436.0M
Q3 25
$139.1M
$433.3M
Q2 25
$21.1M
$26.8M
Q1 25
$8.4M
$200.7M
Q4 24
$-18.0M
$631.5M
Q3 24
$16.9M
$350.1M
Q2 24
$11.8M
$226.3M
FCF Margin
ALHC
ALHC
NVR
NVR
Q1 26
Q4 25
-5.5%
16.1%
Q3 25
14.0%
16.6%
Q2 25
2.1%
1.0%
Q1 25
0.9%
8.4%
Q4 24
-2.6%
22.2%
Q3 24
2.4%
12.8%
Q2 24
1.7%
8.7%
Capex Intensity
ALHC
ALHC
NVR
NVR
Q1 26
Q4 25
0.5%
0.1%
Q3 25
0.6%
0.2%
Q2 25
0.8%
0.3%
Q1 25
0.9%
0.3%
Q4 24
1.3%
0.2%
Q3 24
1.3%
0.3%
Q2 24
1.7%
0.2%
Cash Conversion
ALHC
ALHC
NVR
NVR
Q1 26
11.27×
Q4 25
1.21×
Q3 25
38.77×
1.28×
Q2 25
1.86×
0.11×
Q1 25
0.69×
Q4 24
1.39×
Q3 24
0.83×
Q2 24
0.58×

Financial Flow Comparison

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

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