Alignment Healthcare, Inc. (ALHC) vs Centene Corporation (CNC)
Alignment Healthcare, Inc. and Centene Corporation are both Healthcare Plans companies. Centene Corporation is the larger, with a market value of $30.6B against $1.6B — 19.5× the size. Centene Corporation has negative trailing earnings, so its P/E is not meaningful; Alignment Healthcare, Inc. trades at 39.1×. Alignment Healthcare, Inc. grew revenue faster over the last twelve months: 37.2% against 13.9%. Alignment Healthcare, Inc. has the higher net margin (0.89% vs −2.51%) and the higher return on invested capital (0.00% vs −30.2%). Across the 19 metrics below, Alignment Healthcare, Inc. leads on 12 and Centene Corporation on 7.
Valuation
Profitability
| Metric | ALHC | CNC | Healthcare Plans median |
|---|---|---|---|
| Gross margin | 12.55% | 7.82% | 19.04% |
| Operating margin | 1.20% | (2.78%) | 1.93% |
| Net margin | 0.89% | (2.51%) | 1.04% |
| Free cash flow margin | 3.88% | 4.41% | 3.18% |
| Return on equity | 20.04% | (20.35%) | 12.48% |
| Return on assets | 3.57% | (6.02%) | 2.98% |
| Return on invested capital | 0.00% | (30.17%) | 2.04% |
Growth
Health
Dividend
Size
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