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Side-by-side financial comparison of CLOVER HEALTH INVESTMENTS, CORP. (CLOV) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
Construction Partners, Inc. is the larger business by last-quarter revenue ($809.5M vs $487.7M, roughly 1.7× CLOVER HEALTH INVESTMENTS, CORP.). Construction Partners, Inc. runs the higher net margin — 2.1% vs -10.1%, a 12.2% gap on every dollar of revenue. On growth, CLOVER HEALTH INVESTMENTS, CORP. posted the faster year-over-year revenue change (44.7% vs 44.1%). Construction Partners, Inc. produced more free cash flow last quarter ($47.1M vs $-69.0M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% CAGR vs 18.6%).
Clover Health Investments, Corp. is an American health care company founded in 2014. The company provides Medicare Advantage (MA) insurance plans and operates as a direct contracting entity with the U.S. government. The company manages care for Medicare beneficiaries in 11 states and started trading publicly on January 8, 2021.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
CLOV vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $487.7M | $809.5M |
| Net Profit | $-49.3M | $17.2M |
| Gross Margin | — | 15.0% |
| Operating Margin | -10.1% | 6.2% |
| Net Margin | -10.1% | 2.1% |
| Revenue YoY | 44.7% | 44.1% |
| Net Profit YoY | -123.2% | 663.9% |
| EPS (diluted) | — | $0.31 |
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 | $487.7M | $809.5M | ||
| Q3 25 | $496.6M | $899.8M | ||
| Q2 25 | $477.6M | $779.3M | ||
| Q1 25 | $462.3M | $571.6M | ||
| Q4 24 | $337.0M | $561.6M | ||
| Q3 24 | $331.0M | $538.2M | ||
| Q2 24 | $356.3M | $517.8M | ||
| Q1 24 | $346.9M | $371.4M |
| Q4 25 | $-49.3M | $17.2M | ||
| Q3 25 | $-24.4M | $56.6M | ||
| Q2 25 | $-10.6M | $44.0M | ||
| Q1 25 | $-1.3M | $4.2M | ||
| Q4 24 | $-22.1M | $-3.1M | ||
| Q3 24 | $-9.2M | $29.3M | ||
| Q2 24 | $7.4M | $30.9M | ||
| Q1 24 | $-19.2M | $-1.1M |
| Q4 25 | — | 15.0% | ||
| Q3 25 | — | 17.7% | ||
| Q2 25 | — | 16.9% | ||
| Q1 25 | — | 12.5% | ||
| Q4 24 | — | 13.6% | ||
| Q3 24 | 24.5% | 15.6% | ||
| Q2 24 | 30.3% | 16.1% | ||
| Q1 24 | 23.6% | 10.4% |
| Q4 25 | -10.1% | 6.2% | ||
| Q3 25 | -4.9% | 11.2% | ||
| Q2 25 | -2.2% | 10.6% | ||
| Q1 25 | -0.3% | 4.8% | ||
| Q4 24 | -6.4% | 2.5% | ||
| Q3 24 | -2.7% | 8.5% | ||
| Q2 24 | 2.0% | 8.8% | ||
| Q1 24 | -6.5% | 0.8% |
| Q4 25 | -10.1% | 2.1% | ||
| Q3 25 | -4.9% | 6.3% | ||
| Q2 25 | -2.2% | 5.7% | ||
| Q1 25 | -0.3% | 0.7% | ||
| Q4 24 | -6.6% | -0.5% | ||
| Q3 24 | -2.8% | 5.4% | ||
| Q2 24 | 2.1% | 6.0% | ||
| Q1 24 | -5.5% | -0.3% |
| Q4 25 | — | $0.31 | ||
| Q3 25 | — | $1.03 | ||
| Q2 25 | — | $0.79 | ||
| Q1 25 | — | $0.08 | ||
| Q4 24 | — | $-0.06 | ||
| Q3 24 | — | $0.55 | ||
| Q2 24 | — | $0.59 | ||
| Q1 24 | — | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $78.3M | $104.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $308.7M | $969.1M |
| Total Assets | $541.0M | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $78.3M | $104.1M | ||
| Q3 25 | — | $156.1M | ||
| Q2 25 | — | $114.3M | ||
| Q1 25 | — | $101.9M | ||
| Q4 24 | $194.5M | $132.5M | ||
| Q3 24 | $288.0M | $74.7M | ||
| Q2 24 | $254.8M | $56.3M | ||
| Q1 24 | $208.3M | $48.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $515.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $308.7M | $969.1M | ||
| Q3 25 | $340.9M | $912.0M | ||
| Q2 25 | $344.2M | $853.3M | ||
| Q1 25 | $336.1M | $807.9M | ||
| Q4 24 | $341.1M | $811.1M | ||
| Q3 24 | $342.2M | $573.7M | ||
| Q2 24 | $324.9M | $552.9M | ||
| Q1 24 | $292.5M | $525.0M |
| Q4 25 | $541.0M | $3.4B | ||
| Q3 25 | $559.7M | $3.2B | ||
| Q2 25 | $575.0M | $2.9B | ||
| Q1 25 | $583.7M | $2.8B | ||
| Q4 24 | $580.7M | $2.6B | ||
| Q3 24 | $653.0M | $1.5B | ||
| Q2 24 | $674.2M | $1.4B | ||
| Q1 24 | $671.8M | $1.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | — | ||
| Q1 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 | $-66.9M | $82.6M |
| Free Cash FlowOCF − Capex | $-69.0M | $47.1M |
| FCF MarginFCF / Revenue | -14.1% | 5.8% |
| Capex IntensityCapex / Revenue | 0.4% | 4.4% |
| Cash ConversionOCF / Net Profit | — | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $-69.2M | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-66.9M | $82.6M | ||
| Q3 25 | $12.1M | $112.0M | ||
| Q2 25 | $5.4M | $83.0M | ||
| Q1 25 | $-16.3M | $55.6M | ||
| Q4 24 | $34.8M | $40.7M | ||
| Q3 24 | $50.0M | $95.9M | ||
| Q2 24 | $44.8M | $34.6M | ||
| Q1 24 | $25.9M | $18.2M |
| Q4 25 | $-69.0M | $47.1M | ||
| Q3 25 | $11.4M | $78.9M | ||
| Q2 25 | $4.8M | $46.4M | ||
| Q1 25 | $-16.5M | $14.2M | ||
| Q4 24 | $33.3M | $13.8M | ||
| Q3 24 | $49.6M | $78.4M | ||
| Q2 24 | $44.4M | $19.7M | ||
| Q1 24 | $25.5M | $-10.6M |
| Q4 25 | -14.1% | 5.8% | ||
| Q3 25 | 2.3% | 8.8% | ||
| Q2 25 | 1.0% | 5.9% | ||
| Q1 25 | -3.6% | 2.5% | ||
| Q4 24 | 9.9% | 2.5% | ||
| Q3 24 | 15.0% | 14.6% | ||
| Q2 24 | 12.5% | 3.8% | ||
| Q1 24 | 7.3% | -2.8% |
| Q4 25 | 0.4% | 4.4% | ||
| Q3 25 | 0.1% | 3.7% | ||
| Q2 25 | 0.1% | 4.7% | ||
| Q1 25 | 0.0% | 7.2% | ||
| Q4 24 | 0.5% | 4.8% | ||
| Q3 24 | 0.1% | 3.3% | ||
| Q2 24 | 0.1% | 2.9% | ||
| Q1 24 | 0.1% | 7.7% |
| Q4 25 | — | 4.80× | ||
| Q3 25 | — | 1.98× | ||
| Q2 25 | — | 1.88× | ||
| Q1 25 | — | 13.20× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 3.27× | ||
| Q2 24 | 6.04× | 1.12× | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
