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Side-by-side financial comparison of Concentra Group Holdings Parent, Inc. (CON) and MediaAlpha, Inc. (MAX). Click either name above to swap in a different company.

Concentra Group Holdings Parent, Inc. is the larger business by last-quarter revenue ($539.1M vs $310.0M, roughly 1.7× MediaAlpha, Inc.). Concentra Group Holdings Parent, Inc. runs the higher net margin — 6.4% vs 4.5%, a 1.9% gap on every dollar of revenue.

Concentra Inc., is a national health care establishment centered around occupational health. It was founded in 1979 in Amarillo, Texas, and the headquarters of the corporation is in Addison, Texas. It runs 627 occupational health centers and 410 onsite health clinics at employer worksites across 47 states. According to the Bureau of Labor Statistics, Concentra treats one out of every seven occupational injuries in the United States. It is currently a publicly traded company with over 80% of t...

Alpha Group Co., Ltd. is a Chinese multinational conglomerate with animation, toy, mass media asset and entertainment company headquartered created by Cai Dongqing in 1993. In 2016, it changed its name from Alpha Animation. The company has a Chinese webcomics site, U17, and also an American film company, Alpha Pictures, and has announced the creation of an animation division also based in the United States.

CON vs MAX — Head-to-Head

Bigger by revenue
CON
CON
1.7× larger
CON
$539.1M
$310.0M
MAX
Higher net margin
CON
CON
1.9% more per $
CON
6.4%
4.5%
MAX

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CON
CON
MAX
MAX
Revenue
$539.1M
$310.0M
Net Profit
$34.7M
$14.0M
Gross Margin
15.1%
Operating Margin
12.9%
7.2%
Net Margin
6.4%
4.5%
Revenue YoY
17.3%
Net Profit YoY
701.8%
EPS (diluted)
$0.27

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
CON
CON
MAX
MAX
Q1 26
$310.0M
Q4 25
$539.1M
$291.2M
Q3 25
$572.8M
$306.5M
Q2 25
$550.8M
$251.6M
Q1 25
$500.8M
$264.3M
Q4 24
$300.6M
Q3 24
$489.6M
$259.1M
Q2 24
$477.9M
$178.3M
Net Profit
CON
CON
MAX
MAX
Q1 26
$14.0M
Q4 25
$34.7M
$31.4M
Q3 25
$48.3M
$14.9M
Q2 25
$44.6M
$-18.7M
Q1 25
$38.9M
$-1.9M
Q4 24
$4.6M
Q3 24
$44.3M
$9.5M
Q2 24
$51.7M
$3.6M
Gross Margin
CON
CON
MAX
MAX
Q1 26
15.1%
Q4 25
15.4%
Q3 25
14.2%
Q2 25
15.0%
Q1 25
15.8%
Q4 24
16.3%
Q3 24
15.1%
Q2 24
17.8%
Operating Margin
CON
CON
MAX
MAX
Q1 26
7.2%
Q4 25
12.9%
7.7%
Q3 25
16.5%
6.4%
Q2 25
16.3%
-8.0%
Q1 25
16.0%
0.0%
Q4 24
6.1%
Q3 24
17.6%
6.0%
Q2 24
17.6%
3.6%
Net Margin
CON
CON
MAX
MAX
Q1 26
4.5%
Q4 25
6.4%
10.8%
Q3 25
8.4%
4.9%
Q2 25
8.1%
-7.4%
Q1 25
7.8%
-0.7%
Q4 24
1.5%
Q3 24
9.1%
3.7%
Q2 24
10.8%
2.0%
EPS (diluted)
CON
CON
MAX
MAX
Q1 26
Q4 25
$0.27
$0.50
Q3 25
$0.38
$0.26
Q2 25
$0.35
$-0.33
Q1 25
$0.30
$-0.04
Q4 24
$0.09
Q3 24
$0.37
$0.17
Q2 24
$0.50
$0.07

Balance Sheet & Financial Strength

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

Metric
CON
CON
MAX
MAX
Cash + ST InvestmentsLiquidity on hand
$79.9M
$26.1M
Total DebtLower is stronger
$1.6B
$163.5M
Stockholders' EquityBook value
$393.3M
Total Assets
$2.9B
$367.7M
Debt / EquityLower = less leverage
3.98×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CON
CON
MAX
MAX
Q1 26
$26.1M
Q4 25
$79.9M
$46.9M
Q3 25
$49.9M
$38.8M
Q2 25
$73.9M
$85.4M
Q1 25
$52.1M
$63.6M
Q4 24
$43.3M
Q3 24
$136.8M
$32.3M
Q2 24
$50.7M
$28.7M
Total Debt
CON
CON
MAX
MAX
Q1 26
$163.5M
Q4 25
$1.6B
$153.4M
Q3 25
$1.6B
$155.7M
Q2 25
$1.7B
$158.0M
Q1 25
$1.6B
$160.2M
Q4 24
$162.4M
Q3 24
$1.5B
$164.7M
Q2 24
$3.0M
$166.9M
Stockholders' Equity
CON
CON
MAX
MAX
Q1 26
Q4 25
$393.3M
$4.2M
Q3 25
$385.5M
$-29.8M
Q2 25
$342.6M
$-3.8M
Q1 25
$307.1M
$7.9M
Q4 24
$2.4M
Q3 24
$277.8M
$-8.4M
Q2 24
$1.2B
$-24.4M
Total Assets
CON
CON
MAX
MAX
Q1 26
$367.7M
Q4 25
$2.9B
$383.8M
Q3 25
$2.8B
$266.2M
Q2 25
$2.8B
$249.4M
Q1 25
$2.7B
$240.0M
Q4 24
$262.4M
Q3 24
$2.5B
$236.1M
Q2 24
$2.4B
$198.2M
Debt / Equity
CON
CON
MAX
MAX
Q1 26
Q4 25
3.98×
36.88×
Q3 25
4.15×
Q2 25
4.82×
Q1 25
5.27×
20.23×
Q4 24
68.31×
Q3 24
5.30×
Q2 24
0.00×

Cash Flow & Capital Efficiency

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

Metric
CON
CON
MAX
MAX
Operating Cash FlowLast quarter
$118.7M
Free Cash FlowOCF − Capex
$98.5M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
3.7%
Cash ConversionOCF / Net Profit
3.42×
TTM Free Cash FlowTrailing 4 quarters
$197.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CON
CON
MAX
MAX
Q1 26
Q4 25
$118.7M
$-7.4M
Q3 25
$60.6M
$23.6M
Q2 25
$88.4M
$25.7M
Q1 25
$11.7M
$23.7M
Q4 24
$14.5M
Q3 24
$65.9M
$8.1M
Q2 24
$21.6M
Free Cash Flow
CON
CON
MAX
MAX
Q1 26
Q4 25
$98.5M
$-7.5M
Q3 25
$39.4M
$23.6M
Q2 25
$63.2M
$25.5M
Q1 25
$-4.0M
$23.6M
Q4 24
$14.5M
Q3 24
$50.8M
$8.0M
Q2 24
$21.5M
FCF Margin
CON
CON
MAX
MAX
Q1 26
Q4 25
18.3%
-2.6%
Q3 25
6.9%
7.7%
Q2 25
11.5%
10.2%
Q1 25
-0.8%
8.9%
Q4 24
4.8%
Q3 24
10.4%
3.1%
Q2 24
12.0%
Capex Intensity
CON
CON
MAX
MAX
Q1 26
Q4 25
3.7%
0.0%
Q3 25
3.7%
0.0%
Q2 25
4.6%
0.1%
Q1 25
3.1%
0.0%
Q4 24
0.0%
Q3 24
3.1%
0.0%
Q2 24
0.1%
Cash Conversion
CON
CON
MAX
MAX
Q1 26
Q4 25
3.42×
-0.24×
Q3 25
1.26×
1.58×
Q2 25
1.98×
Q1 25
0.30×
Q4 24
3.13×
Q3 24
1.49×
0.85×
Q2 24
5.97×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CON
CON

Occupational Health Center Workers Compensation$328.5M61%
Occupational Health Center Employer Services$151.9M28%
Onsite Health Clinics$36.2M7%
Other Businesses$12.3M2%
Occupational Health Center Consumer Health$8.1M2%
Occupational Health Center Other$2.1M0%

MAX
MAX

Segment breakdown not available.

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