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

Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $588.0M, roughly 1.7× Simpson Manufacturing Co., Inc.). Simpson Manufacturing Co., Inc. runs the higher net margin — 15.0% vs -1.1%, a 16.1% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 9.1%). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs -0.8%).

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.

Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.

ALHC vs SSD — Head-to-Head

Bigger by revenue
ALHC
ALHC
1.7× larger
ALHC
$1.0B
$588.0M
SSD
Growing faster (revenue YoY)
ALHC
ALHC
+35.3% gap
ALHC
44.4%
9.1%
SSD
Higher net margin
SSD
SSD
16.1% more per $
SSD
15.0%
-1.1%
ALHC
Faster 2-yr revenue CAGR
ALHC
ALHC
Annualised
ALHC
26.9%
-0.8%
SSD

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ALHC
ALHC
SSD
SSD
Revenue
$1.0B
$588.0M
Net Profit
$-11.0M
$88.2M
Gross Margin
45.2%
Operating Margin
-1.0%
19.5%
Net Margin
-1.1%
15.0%
Revenue YoY
44.4%
9.1%
Net Profit YoY
64.6%
13.3%
EPS (diluted)
$-0.04
$2.13

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
SSD
SSD
Q1 26
$588.0M
Q4 25
$1.0B
$539.3M
Q3 25
$993.7M
$623.5M
Q2 25
$1.0B
$631.1M
Q1 25
$926.9M
$538.9M
Q4 24
$701.2M
$517.4M
Q3 24
$692.4M
$587.2M
Q2 24
$681.3M
$597.0M
Net Profit
ALHC
ALHC
SSD
SSD
Q1 26
$88.2M
Q4 25
$-11.0M
$56.2M
Q3 25
$3.7M
$107.4M
Q2 25
$15.7M
$103.5M
Q1 25
$-9.1M
$77.9M
Q4 24
$-31.1M
$55.4M
Q3 24
$-26.4M
$93.5M
Q2 24
$-24.0M
$97.8M
Gross Margin
ALHC
ALHC
SSD
SSD
Q1 26
45.2%
Q4 25
43.4%
Q3 25
46.4%
Q2 25
46.7%
Q1 25
46.8%
Q4 24
44.0%
Q3 24
46.8%
Q2 24
46.7%
Operating Margin
ALHC
ALHC
SSD
SSD
Q1 26
19.5%
Q4 25
-1.0%
13.9%
Q3 25
0.8%
22.6%
Q2 25
2.2%
22.2%
Q1 25
-0.6%
19.0%
Q4 24
-3.2%
14.8%
Q3 24
-2.8%
21.3%
Q2 24
-2.7%
22.1%
Net Margin
ALHC
ALHC
SSD
SSD
Q1 26
15.0%
Q4 25
-1.1%
10.4%
Q3 25
0.4%
17.2%
Q2 25
1.5%
16.4%
Q1 25
-1.0%
14.5%
Q4 24
-4.4%
10.7%
Q3 24
-3.8%
15.9%
Q2 24
-3.5%
16.4%
EPS (diluted)
ALHC
ALHC
SSD
SSD
Q1 26
$2.13
Q4 25
$-0.04
$1.34
Q3 25
$0.02
$2.58
Q2 25
$0.07
$2.47
Q1 25
$-0.05
$1.85
Q4 24
$-0.15
$1.31
Q3 24
$-0.14
$2.21
Q2 24
$-0.13
$2.31

Balance Sheet & Financial Strength

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

Metric
ALHC
ALHC
SSD
SSD
Cash + ST InvestmentsLiquidity on hand
$604.2M
$341.0M
Total DebtLower is stronger
$323.2M
Stockholders' EquityBook value
$179.3M
$2.1B
Total Assets
$1.1B
$3.0B
Debt / EquityLower = less leverage
1.80×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALHC
ALHC
SSD
SSD
Q1 26
$341.0M
Q4 25
$604.2M
$384.1M
Q3 25
$644.1M
$297.3M
Q2 25
$503.8M
$190.4M
Q1 25
$479.5M
$150.3M
Q4 24
$470.6M
$239.4M
Q3 24
$381.0M
$339.4M
Q2 24
$363.7M
$354.9M
Total Debt
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
$323.2M
$300.0M
Q3 25
$322.7M
$371.3M
Q2 25
$322.3M
$376.9M
Q1 25
$321.9M
$382.5M
Q4 24
$321.4M
$388.1M
Q3 24
$212.0M
$393.8M
Q2 24
$211.7M
$399.4M
Stockholders' Equity
ALHC
ALHC
SSD
SSD
Q1 26
$2.1B
Q4 25
$179.3M
$2.0B
Q3 25
$161.9M
$2.0B
Q2 25
$141.0M
$1.9B
Q1 25
$108.1M
$1.9B
Q4 24
$99.9M
$1.8B
Q3 24
$114.5M
$1.9B
Q2 24
$123.7M
$1.8B
Total Assets
ALHC
ALHC
SSD
SSD
Q1 26
$3.0B
Q4 25
$1.1B
$3.1B
Q3 25
$1.1B
$3.0B
Q2 25
$1.0B
$3.0B
Q1 25
$895.6M
$2.8B
Q4 24
$782.1M
$2.7B
Q3 24
$692.3M
$2.9B
Q2 24
$716.3M
$2.8B
Debt / Equity
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
1.80×
0.15×
Q3 25
1.99×
0.19×
Q2 25
2.29×
0.20×
Q1 25
2.98×
0.21×
Q4 24
3.22×
0.21×
Q3 24
1.85×
0.21×
Q2 24
1.71×
0.23×

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
SSD
SSD
Operating Cash FlowLast quarter
$-50.4M
Free Cash FlowOCF − Capex
$-55.4M
FCF MarginFCF / Revenue
-5.5%
Capex IntensityCapex / Revenue
0.5%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$113.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
$-50.4M
$155.7M
Q3 25
$144.6M
$170.2M
Q2 25
$29.1M
$125.2M
Q1 25
$16.6M
$7.6M
Q4 24
$-8.7M
$115.8M
Q3 24
$26.2M
$103.3M
Q2 24
$23.5M
$111.1M
Free Cash Flow
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
$-55.4M
$119.0M
Q3 25
$139.1M
$133.9M
Q2 25
$21.1M
$87.3M
Q1 25
$8.4M
$-42.6M
Q4 24
$-18.0M
$60.3M
Q3 24
$16.9M
$58.1M
Q2 24
$11.8M
$70.9M
FCF Margin
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
-5.5%
22.1%
Q3 25
14.0%
21.5%
Q2 25
2.1%
13.8%
Q1 25
0.9%
-7.9%
Q4 24
-2.6%
11.7%
Q3 24
2.4%
9.9%
Q2 24
1.7%
11.9%
Capex Intensity
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
0.5%
6.8%
Q3 25
0.6%
5.8%
Q2 25
0.8%
6.0%
Q1 25
0.9%
9.3%
Q4 24
1.3%
10.7%
Q3 24
1.3%
7.7%
Q2 24
1.7%
6.7%
Cash Conversion
ALHC
ALHC
SSD
SSD
Q1 26
Q4 25
2.77×
Q3 25
38.77×
1.58×
Q2 25
1.86×
1.21×
Q1 25
0.10×
Q4 24
2.09×
Q3 24
1.10×
Q2 24
1.14×

Financial Flow Comparison

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

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