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Stock Comparison

ASTH vs WELL vs VTR vs ALHC

Revenue, margins, valuation, and 5-year total return — side by side.

Live fundamentals10-year financials5-year price chart
ASTH
Astrana Health, Inc.

Medical - Care Facilities

HealthcareNASDAQ • US
Market Cap$2.01B
5Y Perf.+33.2%
WELL
Welltower Inc.

REIT - Healthcare Facilities

Real EstateNYSE • US
Market Cap$149.25B
5Y Perf.+197.4%
VTR
Ventas, Inc.

REIT - Healthcare Facilities

Real EstateNYSE • US
Market Cap$41.15B
5Y Perf.+62.2%
ALHC
Alignment Healthcare, Inc.

Medical - Healthcare Plans

HealthcareNASDAQ • US
Market Cap$3.73B
5Y Perf.-16.8%

ASTH vs WELL vs VTR vs ALHC — Key Financials

Market cap, revenue, margins, and valuation side-by-side.

Company Snapshot
ASTH logoASTH
WELL logoWELL
VTR logoVTR
ALHC logoALHC
IndustryMedical - Care FacilitiesREIT - Healthcare FacilitiesREIT - Healthcare FacilitiesMedical - Healthcare Plans
Market Cap$2.01B$149.25B$41.15B$3.73B
Revenue (TTM)$3.53B$11.63B$6.13B$4.26B
Net Income (TTM)$30M$1.43B$260M$20M
Gross Margin6.8%39.1%-4.3%9.0%
Operating Margin2.5%4.4%13.4%0.8%
Forward P/E29.1x78.4x118.0x140.9x
Total Debt$1.08B$21.38B$13.22B$338M
Cash & Equiv.$429M$5.03B$741M$578M

ASTH vs WELL vs VTR vs ALHCLong-Term Stock Performance

Price return indexed to 100 at period start. Dividends excluded.

ASTH
WELL
VTR
ALHC
StockMar 21May 26Return
Astrana Health, Inc. (ASTH)100133.2+33.2%
Welltower Inc. (WELL)100297.4+197.4%
Ventas, Inc. (VTR)100162.2+62.2%
Alignment Healthcar… (ALHC)10083.2-16.8%

Price return only. Dividends and distributions are not included.

Quick Verdict: ASTH vs WELL vs VTR vs ALHC

Each card shows where this stock fits in a portfolio — not just who wins on paper.

Bottom line: WELL leads in 4 of 7 categories, making it the strongest pick for profitability and margin quality and dividend income and shareholder returns. Astrana Health, Inc. is the stronger pick specifically for growth and revenue expansion and valuation and capital efficiency. VTR also leads in specific categories worth noting. This set spans 2 sectors — these stocks serve different portfolio roles, not just different price points.
ASTH
Astrana Health, Inc.
The Growth Play

ASTH is the #2 pick in this set and the best alternative if growth exposure is your priority.

  • Rev growth 56.4%, EPS growth -48.9%, 3Y rev CAGR 40.6%
  • 56.4% revenue growth vs VTR's 18.5%
  • Lower P/E (29.1x vs 140.9x)
Best for: growth exposure
WELL
Welltower Inc.
The Real Estate Income Play

WELL carries the broadest edge in this set and is the clearest fit for long-term compounding and sleep-well-at-night.

  • 223.1% 10Y total return vs ASTH's 6.1%
  • Lower volatility, beta 0.13, Low D/E 49.5%, current ratio 5.34x
  • Beta 0.13, yield 1.3%, current ratio 5.34x
  • 12.3% margin vs ALHC's 0.5%
Best for: long-term compounding and sleep-well-at-night
VTR
Ventas, Inc.
The Real Estate Income Play

VTR is the clearest fit if your priority is income & stability.

  • Dividend streak 1 yrs, beta 0.01, yield 2.1%
  • Beta 0.01 vs ASTH's 1.11, lower leverage
Best for: income & stability
ALHC
Alignment Healthcare, Inc.
The Insurance Play

ALHC lags the leaders in this set but could rank higher in a more targeted comparison.

Best for: healthcare exposure
See the full category breakdown
CategoryWinnerWhy
GrowthASTH logoASTH56.4% revenue growth vs VTR's 18.5%
ValueASTH logoASTHLower P/E (29.1x vs 140.9x)
Quality / MarginsWELL logoWELL12.3% margin vs ALHC's 0.5%
Stability / SafetyVTR logoVTRBeta 0.01 vs ASTH's 1.11, lower leverage
DividendsWELL logoWELL1.3% yield, 2-year raise streak, vs VTR's 2.1%, (1 stock pays no dividend)
Momentum (1Y)WELL logoWELL+42.7% vs ASTH's +12.3%
Efficiency (ROA)WELL logoWELL2.3% ROA vs VTR's 1.0%, ROIC 0.5% vs 2.5%

ASTH vs WELL vs VTR vs ALHC — Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

ASTHAstrana Health, Inc.
FY 2025
Health Care Capitation Revenue
91.9%$2.9B
Health Care, Patient Service
3.5%$113M
Health Care, Other
2.7%$86M
Management Service
1.0%$30M
Product and Service, Other
0.9%$28M
WELLWelltower Inc.
FY 2025
Senior Housing - Operating
81.1%$8.5B
Triple Net
11.4%$1.2B
Outpatient Medical
7.5%$782M
VTRVentas, Inc.
FY 2025
Senior Living Operations
74.0%$4.3B
Outpatient Medical And Research Portfolio
15.5%$898M
Triple Net Leased Properties
10.4%$602M
ALHCAlignment Healthcare, Inc.
FY 2023
Health Care, Premium
92.6%$1.7B
Health Care Capitation
7.4%$133M

ASTH vs WELL vs VTR vs ALHC — Financial Metrics

Side-by-side numbers across 4 stocks — who leads on profitability, valuation, growth, and risk.

BEST OVERALLASTHLAGGINGALHC

Income & Cash Flow (Last 12 Months)

Evenly matched — WELL and VTR each lead in 2 of 6 comparable metrics.

WELL is the larger business by revenue, generating $11.6B annually — 3.3x ASTH's $3.5B. WELL is the more profitable business, keeping 12.3% of every revenue dollar as net income compared to ALHC's 0.5%. On growth, ASTH holds the edge at +55.6% YoY revenue growth, suggesting stronger near-term business momentum.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
RevenueTrailing 12 months$3.5B$11.6B$6.1B$4.3B
EBITDAEarnings before interest/tax$141M$2.8B$2.3B$66M
Net IncomeAfter-tax profit$30M$1.4B$260M$20M
Free Cash FlowCash after capex$158M$2.5B$1.4B$237M
Gross MarginGross profit ÷ Revenue+6.8%+39.1%-4.3%+9.0%
Operating MarginEBIT ÷ Revenue+2.5%+4.4%+13.4%+0.8%
Net MarginNet income ÷ Revenue+0.9%+12.3%+4.2%+0.5%
FCF MarginFCF ÷ Revenue+4.5%+21.9%+22.4%+5.6%
Rev. Growth (YoY)Latest quarter vs prior year+55.6%+40.3%+22.0%+33.3%
EPS Growth (YoY)Latest quarter vs prior year+107.1%+22.5%0.0%+2.1%
Evenly matched — WELL and VTR each lead in 2 of 6 comparable metrics.

Valuation Metrics

ASTH leads this category, winning 4 of 6 comparable metrics.

At 78.4x trailing earnings, ASTH trades at a 51% valuation discount to VTR's 160.3x P/E. On an enterprise value basis, ASTH's 21.4x EV/EBITDA is more attractive than ALHC's 77.1x.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
Market CapShares × price$2.0B$149.2B$41.1B$3.7B
Enterprise ValueMkt cap + debt − cash$2.7B$165.6B$53.6B$3.5B
Trailing P/EPrice ÷ TTM EPS78.43x153.25x160.26x-4932.43x
Forward P/EPrice ÷ next-FY EPS est.29.12x78.42x118.01x140.93x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple21.39x66.40x24.31x77.12x
Price / SalesMarket cap ÷ Revenue0.63x13.99x7.05x0.94x
Price / BookPrice ÷ Book value/share3.19x3.35x3.18x20.16x
Price / FCFMarket cap ÷ FCF19.24x52.41x31.25x32.95x
ASTH leads this category, winning 4 of 6 comparable metrics.

Profitability & Efficiency

Evenly matched — ASTH and WELL and ALHC each lead in 3 of 9 comparable metrics.

ALHC delivers a 11.5% return on equity — every $100 of shareholder capital generates $11 in annual profit, vs $2 for VTR. WELL carries lower financial leverage with a 0.49x debt-to-equity ratio, signaling a more conservative balance sheet compared to ASTH's 1.93x. On the Piotroski fundamental quality scale (0–9), WELL scores 7/9 vs ASTH's 3/9, reflecting strong financial health.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
ROE (TTM)Return on equity+4.9%+3.5%+2.1%+11.5%
ROA (TTM)Return on assets+1.5%+2.3%+1.0%+1.8%
ROICReturn on invested capital+6.2%+0.5%+2.5%
ROCEReturn on capital employed+6.1%+0.6%+3.2%+2.9%
Piotroski ScoreFundamental quality 0–93766
Debt / EquityFinancial leverage1.93x0.49x1.05x1.89x
Net DebtTotal debt minus cash$649M$16.3B$12.5B-$240M
Cash & Equiv.Liquid assets$429M$5.0B$741M$578M
Total DebtShort + long-term debt$1.1B$21.4B$13.2B$338M
Interest CoverageEBIT ÷ Interest expense2.49x0.26x1.40x1.27x
Evenly matched — ASTH and WELL and ALHC each lead in 3 of 9 comparable metrics.

Total Returns (Dividends Reinvested)

WELL leads this category, winning 4 of 6 comparable metrics.

A $10,000 investment in WELL five years ago would be worth $30,234 today (with dividends reinvested), compared to $7,726 for ALHC. Over the past 12 months, WELL leads with a +42.7% total return vs ASTH's +12.3%. The 3-year compound annual growth rate (CAGR) favors WELL at 42.5% vs ASTH's 1.0% — a key indicator of consistent wealth creation.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
YTD ReturnYear-to-date+43.1%+14.3%+12.6%-9.7%
1-Year ReturnPast 12 months+12.3%+42.7%+33.9%+17.6%
3-Year ReturnCumulative with dividends+3.1%+189.5%+94.2%+152.4%
5-Year ReturnCumulative with dividends+7.8%+202.3%+74.8%-22.7%
10-Year ReturnCumulative with dividends+614.5%+223.1%+65.0%+5.4%
CAGR (3Y)Annualised 3-year return+1.0%+42.5%+24.8%+36.2%
WELL leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

Evenly matched — ASTH and VTR each lead in 1 of 2 comparable metrics.

VTR is the less volatile stock with a 0.01 beta — it tends to amplify market swings less than ASTH's 1.11 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. ASTH currently trades 99.7% from its 52-week high vs ALHC's 76.5% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
Beta (5Y)Sensitivity to S&P 5001.11x0.13x0.01x0.75x
52-Week HighHighest price in past year$36.20$219.59$88.50$23.87
52-Week LowLowest price in past year$18.08$142.65$61.76$11.63
% of 52W HighCurrent price vs 52-week peak+99.7%+97.0%+97.8%+76.5%
RSI (14)Momentum oscillator 0–10076.860.256.237.3
Avg Volume (50D)Average daily shares traded478K2.6M3.4M3.6M
Evenly matched — ASTH and VTR each lead in 1 of 2 comparable metrics.

Analyst Outlook

Evenly matched — WELL and VTR each lead in 1 of 2 comparable metrics.

Analyst consensus: ASTH as "Buy", WELL as "Buy", VTR as "Buy", ALHC as "Buy". Consensus price targets imply 36.1% upside for ALHC (target: $25) vs -5.2% for ASTH (target: $34). For income investors, VTR offers the higher dividend yield at 2.15% vs ASTH's 0.44%.

MetricASTH logoASTHAstrana Health, I…WELL logoWELLWelltower Inc.VTR logoVTRVentas, Inc.ALHC logoALHCAlignment Healthc…
Analyst RatingConsensus buy/hold/sellBuyBuyBuyBuy
Price TargetConsensus 12-month target$34.20$226.50$90.80$24.83
# AnalystsCovering analysts9343216
Dividend YieldAnnual dividend ÷ price+0.4%+1.3%+2.1%
Dividend StreakConsecutive years of raises121
Dividend / ShareAnnual DPS$0.16$2.76$1.86
Buyback YieldShare repurchases ÷ mkt cap+0.8%0.0%0.0%0.0%
Evenly matched — WELL and VTR each lead in 1 of 2 comparable metrics.
Key Takeaway

ASTH leads in 1 of 6 categories (Valuation Metrics). WELL leads in 1 (Total Returns). 4 tied.

Best OverallAstrana Health, Inc. (ASTH)Leads 1 of 6 categories
Loading custom metrics...

ASTH vs WELL vs VTR vs ALHC: Key Questions Answered

10 questions · data-driven answers · updated daily

01

Is ASTH or WELL or VTR or ALHC a better buy right now?

For growth investors, Astrana Health, Inc.

(ASTH) is the stronger pick with 56. 4% revenue growth year-over-year, versus 18. 5% for Ventas, Inc. (VTR). Astrana Health, Inc. (ASTH) offers the better valuation at 78. 4x trailing P/E (29. 1x forward), making it the more compelling value choice. Analysts rate Astrana Health, Inc. (ASTH) a "Buy" — based on 9 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which has the better valuation — ASTH or WELL or VTR or ALHC?

On trailing P/E, Astrana Health, Inc.

(ASTH) is the cheapest at 78. 4x versus Ventas, Inc. at 160. 3x. On forward P/E, Astrana Health, Inc. is actually cheaper at 29. 1x.

03

Which is the better long-term investment — ASTH or WELL or VTR or ALHC?

Over the past 5 years, Welltower Inc.

(WELL) delivered a total return of +202. 3%, compared to -22. 7% for Alignment Healthcare, Inc. (ALHC). Over 10 years, the gap is even starker: ASTH returned +614. 5% versus ALHC's +5. 4%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

04

Which is safer — ASTH or WELL or VTR or ALHC?

By beta (market sensitivity over 5 years), Ventas, Inc.

(VTR) is the lower-risk stock at 0. 01β versus Astrana Health, Inc. 's 1. 11β — meaning ASTH is approximately 11584% more volatile than VTR relative to the S&P 500. On balance sheet safety, Welltower Inc. (WELL) carries a lower debt/equity ratio of 49% versus 193% for Astrana Health, Inc. — giving it more financial flexibility in a downturn.

05

Which is growing faster — ASTH or WELL or VTR or ALHC?

By revenue growth (latest reported year), Astrana Health, Inc.

(ASTH) is pulling ahead at 56. 4% versus 18. 5% for Ventas, Inc. (VTR). On earnings-per-share growth, the picture is similar: Ventas, Inc. grew EPS 184. 2% year-over-year, compared to -48. 9% for Astrana Health, Inc.. Over a 3-year CAGR, ASTH leads at 40. 6% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.

06

Which has better profit margins — ASTH or WELL or VTR or ALHC?

Welltower Inc.

(WELL) is the more profitable company, earning 8. 8% net margin versus -0. 0% for Alignment Healthcare, Inc. — meaning it keeps 8. 8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: VTR leads at 14. 2% versus 0. 4% for ALHC. At the gross margin level — before operating expenses — WELL leads at 39. 2%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

07

Is ASTH or WELL or VTR or ALHC more undervalued right now?

On forward earnings alone, Astrana Health, Inc.

(ASTH) trades at 29. 1x forward P/E versus 140. 9x for Alignment Healthcare, Inc. — 111. 8x cheaper on a one-year earnings basis. Analyst consensus price targets imply the most upside for ALHC: 36. 1% to $24. 83.

08

Which pays a better dividend — ASTH or WELL or VTR or ALHC?

In this comparison, VTR (2.

1% yield), WELL (1. 3% yield), ASTH (0. 4% yield) pay a dividend. ALHC does not pay a meaningful dividend and should not be held primarily for income.

09

Is ASTH or WELL or VTR or ALHC better for a retirement portfolio?

For long-horizon retirement investors, Ventas, Inc.

(VTR) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 01), 2. 1% yield). Both have compounded well over 10 years (VTR: +65. 0%, ALHC: +5. 4%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

10

What are the main differences between ASTH and WELL and VTR and ALHC?

These companies operate in different sectors (ASTH (Healthcare) and WELL (Real Estate) and VTR (Real Estate) and ALHC (Healthcare)), which means they face different economic cycles, regulatory environments, and macro sensitivities — making direct comparison nuanced.

WELL, VTR pay a dividend while ASTH, ALHC do not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

Find Stocks Like These

Explore pre-built screens for each stock's profile, or build a custom screen to find stocks that outperform all of them.

Stocks Like

ASTH

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 27%
  • Dividend Yield > 0.5%
Run This Screen
Stocks Like

WELL

High-Growth Compounder

  • Sector: Real Estate
  • Market Cap > $100B
  • Revenue Growth > 20%
  • Net Margin > 7%
Run This Screen
Stocks Like

VTR

High-Growth Disruptor

  • Sector: Real Estate
  • Market Cap > $100B
  • Revenue Growth > 11%
  • Dividend Yield > 0.8%
Run This Screen
Stocks Like

ALHC

High-Growth Disruptor

  • Sector: Healthcare
  • Market Cap > $100B
  • Revenue Growth > 16%
Run This Screen
Custom Screen

Beat Both

Find stocks that outperform ASTH and WELL and VTR and ALHC on the metrics below

Revenue Growth>
%
(ASTH: 55.6% · WELL: 40.3%)
P/E Ratio<
x
(ASTH: 78.4x · WELL: 153.3x)

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