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Side-by-side financial comparison of Alignment Healthcare, Inc. (ALHC) and WATTS WATER TECHNOLOGIES INC (WTS). Click either name above to swap in a different company.
Alignment Healthcare, Inc. is the larger business by last-quarter revenue ($1.0B vs $625.1M, roughly 1.6× WATTS WATER TECHNOLOGIES INC). WATTS WATER TECHNOLOGIES INC runs the higher net margin — 13.4% vs -1.1%, a 14.5% gap on every dollar of revenue. On growth, Alignment Healthcare, Inc. posted the faster year-over-year revenue change (44.4% vs 15.7%). WATTS WATER TECHNOLOGIES INC produced more free cash flow last quarter ($140.3M vs $-55.4M). Over the past eight quarters, Alignment Healthcare, Inc.'s revenue compounded faster (26.9% CAGR vs 4.6%).
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.
AERCO International, Inc. is a manufacturer and supplier of commercial condensing boilers, high efficiency water heating equipment and energy recovery systems in the HVAC/plumbing industry across a variety of markets including education, lodging, government, office buildings, healthcare, industrial and multifamily housing. In 1949, AERCO introduced the industry's first semi-instantaneous, tankless steam-to-water water heater. In 1988, AERCO introduced the first condensing and fully modulating...
ALHC vs WTS — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.0B | $625.1M |
| Net Profit | $-11.0M | $83.7M |
| Gross Margin | — | 49.5% |
| Operating Margin | -1.0% | 18.2% |
| Net Margin | -1.1% | 13.4% |
| Revenue YoY | 44.4% | 15.7% |
| Net Profit YoY | 64.6% | 24.0% |
| EPS (diluted) | $-0.04 | $2.50 |
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 | $625.1M | ||
| Q3 25 | $993.7M | $611.7M | ||
| Q2 25 | $1.0B | $643.7M | ||
| Q1 25 | $926.9M | $558.0M | ||
| Q4 24 | $701.2M | $540.4M | ||
| Q3 24 | $692.4M | $543.6M | ||
| Q2 24 | $681.3M | $597.3M | ||
| Q1 24 | $628.6M | $570.9M |
| Q4 25 | $-11.0M | $83.7M | ||
| Q3 25 | $3.7M | $82.2M | ||
| Q2 25 | $15.7M | $100.9M | ||
| Q1 25 | $-9.1M | $74.0M | ||
| Q4 24 | $-31.1M | $67.5M | ||
| Q3 24 | $-26.4M | $69.1M | ||
| Q2 24 | $-24.0M | $82.0M | ||
| Q1 24 | $-46.5M | $72.6M |
| Q4 25 | — | 49.5% | ||
| Q3 25 | — | 48.8% | ||
| Q2 25 | — | 50.6% | ||
| Q1 25 | — | 48.8% | ||
| Q4 24 | — | 46.7% | ||
| Q3 24 | — | 47.3% | ||
| Q2 24 | — | 47.7% | ||
| Q1 24 | — | 46.9% |
| Q4 25 | -1.0% | 18.2% | ||
| Q3 25 | 0.8% | 18.2% | ||
| Q2 25 | 2.2% | 21.0% | ||
| Q1 25 | -0.6% | 15.7% | ||
| Q4 24 | -3.2% | 16.5% | ||
| Q3 24 | -2.8% | 17.1% | ||
| Q2 24 | -2.7% | 18.7% | ||
| Q1 24 | -6.5% | 16.9% |
| Q4 25 | -1.1% | 13.4% | ||
| Q3 25 | 0.4% | 13.4% | ||
| Q2 25 | 1.5% | 15.7% | ||
| Q1 25 | -1.0% | 13.3% | ||
| Q4 24 | -4.4% | 12.5% | ||
| Q3 24 | -3.8% | 12.7% | ||
| Q2 24 | -3.5% | 13.7% | ||
| Q1 24 | -7.4% | 12.7% |
| Q4 25 | $-0.04 | $2.50 | ||
| Q3 25 | $0.02 | $2.45 | ||
| Q2 25 | $0.07 | $3.01 | ||
| Q1 25 | $-0.05 | $2.21 | ||
| Q4 24 | $-0.15 | $2.02 | ||
| Q3 24 | $-0.14 | $2.06 | ||
| Q2 24 | $-0.13 | $2.44 | ||
| Q1 24 | $-0.25 | $2.17 |
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 | $405.5M |
| Total DebtLower is stronger | $323.2M | — |
| Stockholders' EquityBook value | $179.3M | $2.0B |
| Total Assets | $1.1B | $2.9B |
| Debt / EquityLower = less leverage | 1.80× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $604.2M | $405.5M | ||
| Q3 25 | $644.1M | $457.7M | ||
| Q2 25 | $503.8M | $369.3M | ||
| Q1 25 | $479.5M | $336.8M | ||
| Q4 24 | $470.6M | $386.9M | ||
| Q3 24 | $381.0M | $303.9M | ||
| Q2 24 | $363.7M | $279.4M | ||
| Q1 24 | $301.7M | $237.1M |
| 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 | — | ||
| Q1 24 | $162.0M | — |
| Q4 25 | $179.3M | $2.0B | ||
| Q3 25 | $161.9M | $2.0B | ||
| Q2 25 | $141.0M | $1.9B | ||
| Q1 25 | $108.1M | $1.8B | ||
| Q4 24 | $99.9M | $1.7B | ||
| Q3 24 | $114.5M | $1.7B | ||
| Q2 24 | $123.7M | $1.6B | ||
| Q1 24 | $130.9M | $1.6B |
| Q4 25 | $1.1B | $2.9B | ||
| Q3 25 | $1.1B | $2.7B | ||
| Q2 25 | $1.0B | $2.6B | ||
| Q1 25 | $895.6M | $2.5B | ||
| Q4 24 | $782.1M | $2.4B | ||
| Q3 24 | $692.3M | $2.4B | ||
| Q2 24 | $716.3M | $2.4B | ||
| Q1 24 | $633.2M | $2.3B |
| 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× | — | ||
| 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 | $154.7M |
| Free Cash FlowOCF − Capex | $-55.4M | $140.3M |
| FCF MarginFCF / Revenue | -5.5% | 22.4% |
| Capex IntensityCapex / Revenue | 0.5% | 2.3% |
| Cash ConversionOCF / Net Profit | — | 1.85× |
| TTM Free Cash FlowTrailing 4 quarters | $113.1M | $356.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-50.4M | $154.7M | ||
| Q3 25 | $144.6M | $122.4M | ||
| Q2 25 | $29.1M | $69.7M | ||
| Q1 25 | $16.6M | $55.2M | ||
| Q4 24 | $-8.7M | $139.5M | ||
| Q3 24 | $26.2M | $90.7M | ||
| Q2 24 | $23.5M | $85.3M | ||
| Q1 24 | $-6.2M | $45.6M |
| Q4 25 | $-55.4M | $140.3M | ||
| Q3 25 | $139.1M | $110.9M | ||
| Q2 25 | $21.1M | $59.5M | ||
| Q1 25 | $8.4M | $45.6M | ||
| Q4 24 | $-18.0M | $127.5M | ||
| Q3 24 | $16.9M | $84.3M | ||
| Q2 24 | $11.8M | $78.5M | ||
| Q1 24 | $-17.4M | $35.5M |
| Q4 25 | -5.5% | 22.4% | ||
| Q3 25 | 14.0% | 18.1% | ||
| Q2 25 | 2.1% | 9.2% | ||
| Q1 25 | 0.9% | 8.2% | ||
| Q4 24 | -2.6% | 23.6% | ||
| Q3 24 | 2.4% | 15.5% | ||
| Q2 24 | 1.7% | 13.1% | ||
| Q1 24 | -2.8% | 6.2% |
| Q4 25 | 0.5% | 2.3% | ||
| Q3 25 | 0.6% | 1.9% | ||
| Q2 25 | 0.8% | 1.6% | ||
| Q1 25 | 0.9% | 1.7% | ||
| Q4 24 | 1.3% | 2.2% | ||
| Q3 24 | 1.3% | 1.2% | ||
| Q2 24 | 1.7% | 1.1% | ||
| Q1 24 | 1.8% | 1.8% |
| Q4 25 | — | 1.85× | ||
| Q3 25 | 38.77× | 1.49× | ||
| Q2 25 | 1.86× | 0.69× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | — | 2.07× | ||
| Q3 24 | — | 1.31× | ||
| Q2 24 | — | 1.04× | ||
| Q1 24 | — | 0.63× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.