Roughly, but each project may take a different amount of time to publish a given kernel update. Additionally, AlmaLinux have at least once released a kernel (5.14.0-362.24.2) which is not in RHEL, and I believe the Rocky project are too committed to “bug-for-bug” compatibility to do that, so in such cases there would also be a difference in what the latest release of a given package would be between Alma and Rocky.