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Side-by-side financial comparison of Alight, Inc. (ALIT) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

ZIONS BANCORPORATION, NATIONAL ASSOCIATION is the larger business by last-quarter revenue ($891.0M vs $653.0M, roughly 1.4× Alight, Inc.). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs -142.7%, a 172.2% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs -4.0%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $99.0M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% CAGR vs 8.1%).

Alight Solutions is an American information technology and consulting company that provides cloud-based systems, outsourcing and consultancy related to human resource. They provide platforms and outsourcing for large companies to manage their human capital this includes health benefit administration, financial management and retirement planning.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

ALIT vs ZION — Head-to-Head

Bigger by revenue
ZION
ZION
1.4× larger
ZION
$891.0M
$653.0M
ALIT
Growing faster (revenue YoY)
ZION
ZION
+12.6% gap
ZION
8.7%
-4.0%
ALIT
Higher net margin
ZION
ZION
172.2% more per $
ZION
29.5%
-142.7%
ALIT
More free cash flow
ZION
ZION
$853.0M more FCF
ZION
$952.0M
$99.0M
ALIT
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
8.1%
ALIT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ALIT
ALIT
ZION
ZION
Revenue
$653.0M
$891.0M
Net Profit
$-932.0M
$263.0M
Gross Margin
36.8%
Operating Margin
-114.9%
Net Margin
-142.7%
29.5%
Revenue YoY
-4.0%
8.7%
Net Profit YoY
-11750.0%
21.8%
EPS (diluted)
$-1.77
$1.77

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
ALIT
ALIT
ZION
ZION
Q4 25
$653.0M
$891.0M
Q3 25
$533.0M
$861.0M
Q2 25
$528.0M
$838.0M
Q1 25
$548.0M
$795.0M
Q4 24
$680.0M
$820.0M
Q3 24
$555.0M
$792.0M
Q2 24
$538.0M
$777.0M
Q1 24
$559.0M
$742.0M
Net Profit
ALIT
ALIT
ZION
ZION
Q4 25
$-932.0M
$263.0M
Q3 25
$-1.1B
$222.0M
Q2 25
$-1.1B
$244.0M
Q1 25
$-25.0M
$170.0M
Q4 24
$8.0M
$216.0M
Q3 24
$-74.0M
$214.0M
Q2 24
$23.0M
$201.0M
Q1 24
$-114.0M
$153.0M
Gross Margin
ALIT
ALIT
ZION
ZION
Q4 25
36.8%
Q3 25
33.4%
Q2 25
33.3%
Q1 25
31.2%
Q4 24
39.9%
Q3 24
31.4%
Q2 24
31.0%
Q1 24
32.6%
Operating Margin
ALIT
ALIT
ZION
ZION
Q4 25
-114.9%
Q3 25
-248.0%
Q2 25
-191.3%
Q1 25
-1.5%
Q4 24
6.5%
Q3 24
-7.6%
Q2 24
-9.7%
Q1 24
-7.2%
Net Margin
ALIT
ALIT
ZION
ZION
Q4 25
-142.7%
29.5%
Q3 25
-200.2%
25.8%
Q2 25
-203.2%
29.1%
Q1 25
-4.6%
21.4%
Q4 24
1.2%
26.3%
Q3 24
-13.3%
27.0%
Q2 24
4.3%
25.9%
Q1 24
-20.4%
20.6%
EPS (diluted)
ALIT
ALIT
ZION
ZION
Q4 25
$-1.77
$1.77
Q3 25
$-2.02
$1.48
Q2 25
$-2.03
$1.63
Q1 25
$-0.05
$1.13
Q4 24
$0.02
$1.34
Q3 24
$-0.14
$1.37
Q2 24
$0.04
$1.28
Q1 24
$-0.21
$0.96

Balance Sheet & Financial Strength

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

Metric
ALIT
ALIT
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$273.0M
Total DebtLower is stronger
$2.0B
$1.5B
Stockholders' EquityBook value
$1.0B
$7.2B
Total Assets
$4.6B
$89.0B
Debt / EquityLower = less leverage
1.92×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALIT
ALIT
ZION
ZION
Q4 25
$273.0M
Q3 25
$205.0M
Q2 25
$227.0M
Q1 25
$223.0M
Q4 24
$343.0M
Q3 24
$300.0M
Q2 24
$183.0M
Q1 24
$256.0M
Total Debt
ALIT
ALIT
ZION
ZION
Q4 25
$2.0B
$1.5B
Q3 25
$2.0B
$1.5B
Q2 25
$2.0B
$970.0M
Q1 25
$2.0B
$964.0M
Q4 24
$2.0B
$950.0M
Q3 24
$2.0B
$548.0M
Q2 24
$2.8B
$546.0M
Q1 24
$2.8B
$544.0M
Stockholders' Equity
ALIT
ALIT
ZION
ZION
Q4 25
$1.0B
$7.2B
Q3 25
$2.0B
$6.9B
Q2 25
$3.1B
$6.6B
Q1 25
$4.2B
$6.3B
Q4 24
$4.3B
$6.1B
Q3 24
$4.3B
$6.4B
Q2 24
$4.5B
$6.0B
Q1 24
$4.5B
$5.8B
Total Assets
ALIT
ALIT
ZION
ZION
Q4 25
$4.6B
$89.0B
Q3 25
$5.5B
$88.5B
Q2 25
$6.8B
$88.9B
Q1 25
$7.9B
$88.0B
Q4 24
$8.2B
$88.8B
Q3 24
$8.3B
$87.0B
Q2 24
$10.5B
$87.6B
Q1 24
$10.7B
$87.1B
Debt / Equity
ALIT
ALIT
ZION
ZION
Q4 25
1.92×
0.21×
Q3 25
1.00×
0.21×
Q2 25
0.65×
0.15×
Q1 25
0.48×
0.15×
Q4 24
0.47×
0.16×
Q3 24
0.47×
0.09×
Q2 24
0.62×
0.09×
Q1 24
0.62×
0.09×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ALIT
ALIT
ZION
ZION
Operating Cash FlowLast quarter
$124.0M
$1.1B
Free Cash FlowOCF − Capex
$99.0M
$952.0M
FCF MarginFCF / Revenue
15.2%
106.8%
Capex IntensityCapex / Revenue
3.8%
13.6%
Cash ConversionOCF / Net Profit
4.08×
TTM Free Cash FlowTrailing 4 quarters
$250.0M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ALIT
ALIT
ZION
ZION
Q4 25
$124.0M
$1.1B
Q3 25
$77.0M
$438.0M
Q2 25
$86.0M
$-62.0M
Q1 25
$73.0M
$179.0M
Q4 24
$118.0M
$1.1B
Q3 24
$-24.0M
$119.0M
Q2 24
$58.0M
$251.0M
Q1 24
$100.0M
$261.0M
Free Cash Flow
ALIT
ALIT
ZION
ZION
Q4 25
$99.0M
$952.0M
Q3 25
$49.0M
$413.0M
Q2 25
$58.0M
$-93.0M
Q1 25
$44.0M
$152.0M
Q4 24
$92.0M
$1.1B
Q3 24
$-52.0M
$97.0M
Q2 24
$22.0M
$234.0M
Q1 24
$69.0M
$231.0M
FCF Margin
ALIT
ALIT
ZION
ZION
Q4 25
15.2%
106.8%
Q3 25
9.2%
48.0%
Q2 25
11.0%
-11.1%
Q1 25
8.0%
19.1%
Q4 24
13.5%
128.2%
Q3 24
-9.4%
12.2%
Q2 24
4.1%
30.1%
Q1 24
12.3%
31.1%
Capex Intensity
ALIT
ALIT
ZION
ZION
Q4 25
3.8%
13.6%
Q3 25
5.3%
2.9%
Q2 25
5.3%
3.7%
Q1 25
5.3%
3.4%
Q4 24
3.8%
11.8%
Q3 24
5.0%
2.8%
Q2 24
6.7%
2.2%
Q1 24
5.5%
4.0%
Cash Conversion
ALIT
ALIT
ZION
ZION
Q4 25
4.08×
Q3 25
1.97×
Q2 25
-0.25×
Q1 25
1.05×
Q4 24
14.75×
5.31×
Q3 24
0.56×
Q2 24
2.52×
1.25×
Q1 24
1.71×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ALIT
ALIT

Recurring$607.0M93%
Projects$46.0M7%

ZION
ZION

Segment breakdown not available.

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