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Side-by-side financial comparison of Forafric Global PLC (AFRI) and Hayward Holdings, Inc. (HAYW). Click either name above to swap in a different company.

Hayward Holdings, Inc. is the larger business by last-quarter revenue ($255.2M vs $159.7M, roughly 1.6× Forafric Global PLC). Hayward Holdings, Inc. runs the higher net margin — 9.2% vs -7.5%, a 16.7% gap on every dollar of revenue.

Forafric Global PLC is an Africa-focused agribusiness operating across the full agricultural value chain, covering staple food production, processing, and distribution. Its core markets are North and West Africa, supplying grain, vegetable oil and essential food commodities to consumer, retail and industrial clients.

Bartlett-Hayward Company was an American metalworking company with large foundry, fabrication, and construction business lines, located in Baltimore, Maryland. Founded in the 1830s, it was independent until 1925 and since 1927 was owned by Koppers, of which it remained a division long afterward.

AFRI vs HAYW — Head-to-Head

Bigger by revenue
HAYW
HAYW
1.6× larger
HAYW
$255.2M
$159.7M
AFRI
Higher net margin
HAYW
HAYW
16.7% more per $
HAYW
9.2%
-7.5%
AFRI

Income Statement — Q2 FY2025 vs Q1 FY2026

Metric
AFRI
AFRI
HAYW
HAYW
Revenue
$159.7M
$255.2M
Net Profit
$-12.0M
$23.4M
Gross Margin
10.7%
46.5%
Operating Margin
-2.5%
16.6%
Net Margin
-7.5%
9.2%
Revenue YoY
11.5%
Net Profit YoY
63.0%
EPS (diluted)
$0.11

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
AFRI
AFRI
HAYW
HAYW
Q1 26
$255.2M
Q4 25
$349.4M
Q3 25
$244.3M
Q2 25
$159.7M
$299.6M
Q1 25
$228.8M
Q4 24
$327.1M
Q3 24
$227.6M
Q2 24
$145.6M
$284.4M
Net Profit
AFRI
AFRI
HAYW
HAYW
Q1 26
$23.4M
Q4 25
$68.4M
Q3 25
$24.0M
Q2 25
$-12.0M
$44.8M
Q1 25
$14.3M
Q4 24
$54.7M
Q3 24
$16.5M
Q2 24
$-8.6M
$37.6M
Gross Margin
AFRI
AFRI
HAYW
HAYW
Q1 26
46.5%
Q4 25
40.7%
Q3 25
51.2%
Q2 25
10.7%
52.7%
Q1 25
49.5%
Q4 24
51.4%
Q3 24
49.7%
Q2 24
9.4%
51.0%
Operating Margin
AFRI
AFRI
HAYW
HAYW
Q1 26
16.6%
Q4 25
25.0%
Q3 25
16.8%
Q2 25
-2.5%
23.8%
Q1 25
14.6%
Q4 24
23.4%
Q3 24
14.7%
Q2 24
-0.9%
23.9%
Net Margin
AFRI
AFRI
HAYW
HAYW
Q1 26
9.2%
Q4 25
19.6%
Q3 25
9.8%
Q2 25
-7.5%
15.0%
Q1 25
6.3%
Q4 24
16.7%
Q3 24
7.3%
Q2 24
-5.9%
13.2%
EPS (diluted)
AFRI
AFRI
HAYW
HAYW
Q1 26
$0.11
Q4 25
$0.31
Q3 25
$0.11
Q2 25
$0.20
Q1 25
$0.06
Q4 24
$0.26
Q3 24
$0.07
Q2 24
$0.17

Balance Sheet & Financial Strength

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

Metric
AFRI
AFRI
HAYW
HAYW
Cash + ST InvestmentsLiquidity on hand
$12.2M
$230.7M
Total DebtLower is stronger
$11.1M
Stockholders' EquityBook value
$5.3M
$1.6B
Total Assets
$246.1M
$3.1B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AFRI
AFRI
HAYW
HAYW
Q1 26
$230.7M
Q4 25
$399.1M
Q3 25
$448.3M
Q2 25
$12.2M
$365.1M
Q1 25
$181.3M
Q4 24
$196.6M
Q3 24
$274.2M
Q2 24
$16.4M
$215.1M
Total Debt
AFRI
AFRI
HAYW
HAYW
Q1 26
$11.1M
Q4 25
$943.5M
Q3 25
$947.7M
Q2 25
$949.1M
Q1 25
$950.4M
Q4 24
$950.6M
Q3 24
$959.9M
Q2 24
$18.4M
$959.8M
Stockholders' Equity
AFRI
AFRI
HAYW
HAYW
Q1 26
$1.6B
Q4 25
$1.6B
Q3 25
$1.5B
Q2 25
$5.3M
$1.5B
Q1 25
$1.4B
Q4 24
$1.4B
Q3 24
$1.4B
Q2 24
$16.3M
$1.4B
Total Assets
AFRI
AFRI
HAYW
HAYW
Q1 26
$3.1B
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$246.1M
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$2.9B
Q2 24
$287.1M
$2.9B
Debt / Equity
AFRI
AFRI
HAYW
HAYW
Q1 26
0.01×
Q4 25
0.59×
Q3 25
0.62×
Q2 25
0.63×
Q1 25
0.66×
Q4 24
0.67×
Q3 24
0.70×
Q2 24
1.13×
0.71×

Cash Flow & Capital Efficiency

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

Metric
AFRI
AFRI
HAYW
HAYW
Operating Cash FlowLast quarter
$706.0K
$-150.6M
Free Cash FlowOCF − Capex
$146.0K
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
0.4%
Cash ConversionOCF / Net Profit
-6.45×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AFRI
AFRI
HAYW
HAYW
Q1 26
$-150.6M
Q4 25
$-26.9M
Q3 25
$94.6M
Q2 25
$706.0K
$194.2M
Q1 25
$-5.8M
Q4 24
$-63.7M
Q3 24
$65.9M
Q2 24
$10.5M
$287.0M
Free Cash Flow
AFRI
AFRI
HAYW
HAYW
Q1 26
Q4 25
$-35.8M
Q3 25
$87.2M
Q2 25
$146.0K
$187.3M
Q1 25
$-11.4M
Q4 24
$-70.4M
Q3 24
$59.1M
Q2 24
$6.4M
$282.3M
FCF Margin
AFRI
AFRI
HAYW
HAYW
Q1 26
Q4 25
-10.3%
Q3 25
35.7%
Q2 25
0.1%
62.5%
Q1 25
-5.0%
Q4 24
-21.5%
Q3 24
26.0%
Q2 24
4.4%
99.3%
Capex Intensity
AFRI
AFRI
HAYW
HAYW
Q1 26
Q4 25
2.5%
Q3 25
3.0%
Q2 25
0.4%
2.3%
Q1 25
2.4%
Q4 24
2.1%
Q3 24
3.0%
Q2 24
2.8%
1.7%
Cash Conversion
AFRI
AFRI
HAYW
HAYW
Q1 26
-6.45×
Q4 25
-0.39×
Q3 25
3.94×
Q2 25
4.34×
Q1 25
-0.41×
Q4 24
-1.16×
Q3 24
4.00×
Q2 24
7.64×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AFRI
AFRI

Sales to external customers, Total$159.7M100%
Couscous & Pasta$934.0K1%
Soft Wheat$393.0K0%

HAYW
HAYW

Segment breakdown not available.

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