vs
Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and Snap-on (SNA). Click either name above to swap in a different company.
Snap-on is the larger business by last-quarter revenue ($1.2B vs $1.0B, roughly 1.2× Alignment Healthcare, Inc.). Snap-on runs the higher net margin — 21.3% vs -1.1%, a 22.4% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 2.7%). Snap-on produced more free cash flow last quarter ($254.6M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 2.0%).
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.
Snap-on Incorporated is an American designer, manufacturer, and marketer of high-end tools and equipment for professional use in the transportation industry, including the automotive, heavy duty, equipment, marine, aviation, and railroad industries. Headquartered in Kenosha, Wisconsin, since 1930, Snap-on also distributes lower-end tools under the brand name Blue-Point. Their primary competitors include Matco, Mac Tools, and Cornwell Tools.
ALHC vs SNA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.0B | $1.2B |
| Net Profit | $-11.0M | $260.7M |
| Gross Margin | — | — |
| Operating Margin | -1.0% | 27.8% |
| Net Margin | -1.1% | 21.3% |
| Revenue YoY | 44.4% | 2.7% |
| Net Profit YoY | 64.6% | 1.0% |
| EPS (diluted) | $-0.04 | $4.94 |
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 | $1.2B | ||
| Q3 25 | $993.7M | $1.2B | ||
| Q2 25 | $1.0B | $1.2B | ||
| Q1 25 | $926.9M | $1.1B | ||
| Q4 24 | $701.2M | $1.2B | ||
| Q3 24 | $692.4M | $1.1B | ||
| Q2 24 | $681.3M | $1.2B | ||
| Q1 24 | $628.6M | $1.2B |
| Q4 25 | $-11.0M | $260.7M | ||
| Q3 25 | $3.7M | $265.4M | ||
| Q2 25 | $15.7M | $250.3M | ||
| Q1 25 | $-9.1M | $240.5M | ||
| Q4 24 | $-31.1M | $258.1M | ||
| Q3 24 | $-26.4M | $251.1M | ||
| Q2 24 | $-24.0M | $271.2M | ||
| Q1 24 | $-46.5M | $263.5M |
| Q4 25 | -1.0% | 27.8% | ||
| Q3 25 | 0.8% | 29.4% | ||
| Q2 25 | 2.2% | 28.0% | ||
| Q1 25 | -0.6% | 27.7% | ||
| Q4 24 | -3.2% | 27.9% | ||
| Q3 24 | -2.8% | 28.4% | ||
| Q2 24 | -2.7% | 29.9% | ||
| Q1 24 | -6.5% | 28.9% |
| Q4 25 | -1.1% | 21.3% | ||
| Q3 25 | 0.4% | 22.5% | ||
| Q2 25 | 1.5% | 21.4% | ||
| Q1 25 | -1.0% | 21.2% | ||
| Q4 24 | -4.4% | 21.7% | ||
| Q3 24 | -3.8% | 22.0% | ||
| Q2 24 | -3.5% | 23.1% | ||
| Q1 24 | -7.4% | 22.4% |
| Q4 25 | $-0.04 | $4.94 | ||
| Q3 25 | $0.02 | $5.02 | ||
| Q2 25 | $0.07 | $4.72 | ||
| Q1 25 | $-0.05 | $4.51 | ||
| Q4 24 | $-0.15 | $4.83 | ||
| Q3 24 | $-0.14 | $4.70 | ||
| Q2 24 | $-0.13 | $5.07 | ||
| Q1 24 | $-0.25 | $4.91 |
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 | — |
| Total DebtLower is stronger | $323.2M | — |
| Stockholders' EquityBook value | $179.3M | — |
| Total Assets | $1.1B | — |
| Debt / EquityLower = less leverage | 1.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | — | ||
| Q3 25 | $644.1M | $1.5B | ||
| Q2 25 | $503.8M | $1.5B | ||
| Q1 25 | $479.5M | $1.4B | ||
| Q4 24 | $470.6M | $1.4B | ||
| Q3 24 | $381.0M | $1.3B | ||
| Q2 24 | $363.7M | $1.2B | ||
| Q1 24 | $301.7M | $1.1B |
| Q4 25 | $323.2M | — | ||
| Q3 25 | $322.7M | $1.2B | ||
| Q2 25 | $322.3M | $1.2B | ||
| Q1 25 | $321.9M | — | ||
| Q4 24 | $321.4M | $1.2B | ||
| Q3 24 | $212.0M | — | ||
| Q2 24 | $211.7M | — | ||
| Q1 24 | $162.0M | — |
| Q4 25 | $179.3M | — | ||
| Q3 25 | $161.9M | $5.8B | ||
| Q2 25 | $141.0M | $5.7B | ||
| Q1 25 | $108.1M | $5.5B | ||
| Q4 24 | $99.9M | $5.4B | ||
| Q3 24 | $114.5M | $5.5B | ||
| Q2 24 | $123.7M | $5.3B | ||
| Q1 24 | $130.9M | $5.1B |
| Q4 25 | $1.1B | — | ||
| Q3 25 | $1.1B | $8.4B | ||
| Q2 25 | $1.0B | $8.2B | ||
| Q1 25 | $895.6M | $8.1B | ||
| Q4 24 | $782.1M | $7.9B | ||
| Q3 24 | $692.3M | $8.0B | ||
| Q2 24 | $716.3M | $7.8B | ||
| Q1 24 | $633.2M | $7.7B |
| Q4 25 | 1.80× | — | ||
| Q3 25 | 1.99× | 0.21× | ||
| Q2 25 | 2.29× | 0.21× | ||
| Q1 25 | 2.98× | — | ||
| Q4 24 | 3.22× | 0.22× | ||
| Q3 24 | 1.85× | — | ||
| Q2 24 | 1.71× | — | ||
| Q1 24 | 1.24× | — |
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 | $268.1M |
| Free Cash FlowOCF − Capex | $-55.4M | $254.6M |
| FCF MarginFCF / Revenue | -5.5% | 20.8% |
| Capex IntensityCapex / Revenue | 0.5% | 1.1% |
| Cash ConversionOCF / Net Profit | — | 1.03× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $1.0B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $268.1M | ||
| Q3 25 | $144.6M | $277.9M | ||
| Q2 25 | $29.1M | $237.2M | ||
| Q1 25 | $16.6M | $298.5M | ||
| Q4 24 | $-8.7M | $293.5M | ||
| Q3 24 | $26.2M | $274.2M | ||
| Q2 24 | $23.5M | $301.1M | ||
| Q1 24 | $-6.2M | $348.7M |
| Q4 25 | $-55.4M | $254.6M | ||
| Q3 25 | $139.1M | $258.0M | ||
| Q2 25 | $21.1M | $217.5M | ||
| Q1 25 | $8.4M | $275.6M | ||
| Q4 24 | $-18.0M | $275.4M | ||
| Q3 24 | $16.9M | $253.8M | ||
| Q2 24 | $11.8M | $277.9M | ||
| Q1 24 | $-17.4M | $326.9M |
| Q4 25 | -5.5% | 20.8% | ||
| Q3 25 | 14.0% | 21.8% | ||
| Q2 25 | 2.1% | 18.6% | ||
| Q1 25 | 0.9% | 24.3% | ||
| Q4 24 | -2.6% | 23.1% | ||
| Q3 24 | 2.4% | 22.3% | ||
| Q2 24 | 1.7% | 23.7% | ||
| Q1 24 | -2.8% | 27.8% |
| Q4 25 | 0.5% | 1.1% | ||
| Q3 25 | 0.6% | 1.7% | ||
| Q2 25 | 0.8% | 1.7% | ||
| Q1 25 | 0.9% | 2.0% | ||
| Q4 24 | 1.3% | 1.5% | ||
| Q3 24 | 1.3% | 1.8% | ||
| Q2 24 | 1.7% | 2.0% | ||
| Q1 24 | 1.8% | 1.9% |
| Q4 25 | — | 1.03× | ||
| Q3 25 | 38.77× | 1.05× | ||
| Q2 25 | 1.86× | 0.95× | ||
| Q1 25 | — | 1.24× | ||
| Q4 24 | — | 1.14× | ||
| Q3 24 | — | 1.09× | ||
| Q2 24 | — | 1.11× | ||
| Q1 24 | — | 1.32× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
