Alignment Healthcare vs Clover Health Investments
Alignment Healthcare is the larger business, with $3.95bn of revenue in fiscal 2025 against $1.92bn for Clover Health Investments (2.1 times as much). Alignment Healthcare grew faster (46.1% against 40.3%). Alignment Healthcare kept more of each dollar of sales as profit: a net margin of -0.0% against -4.4%. Clover Health Investments carries less debt relative to equity (0.0% against 184.1%).
| Latest fiscal year | Alignment HealthcareALHC, 2025 | Clover Health InvestmentsCLOV, 2025 |
|---|---|---|
| Revenue | $3.95bn | $1.92bn |
| Revenue growth | 46.1% | 40.3% |
| Net income | −$724,000 | −$85.5m |
| Operating margin | 0.4% | -4.4% |
| Net margin | -0.0% | -4.4% |
| Return on equity | -0.5% | -26.3% |
| Free cash flow | $113m | −$69.0m |
| Cash | $576m | $78.3m |
| Total debt | $330m | $0 |
| Debt to equity | 184.1% | 0.0% |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | $18.3m |
| Employees | 1,849 | 724 |
| Market value | $1.55bn | $2.33bn |
| Price vs our value range | — | — |
| Moat score | — | 17 (Weak) |
| Insider trades, 12 months | 1 buys, 79 sales | 0 buys, 42 sales |