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Side-by-side financial comparison of Adecoagro S.A. (AGRO) and GREENLIGHT CAPITAL RE, LTD. (GLRE). Click either name above to swap in a different company.

Adecoagro S.A. is the larger business by last-quarter revenue ($304.2M vs $210.3M, roughly 1.4× GREENLIGHT CAPITAL RE, LTD.). GREENLIGHT CAPITAL RE, LTD. runs the higher net margin — 23.4% vs 2.1%, a 21.3% gap on every dollar of revenue. On growth, GREENLIGHT CAPITAL RE, LTD. posted the faster year-over-year revenue change (48.3% vs -35.5%).

Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares.

Greenlight Capital is an American hedge fund founded in 1996 by David Einhorn. Greenlight invests primarily in publicly traded North American corporate debt offerings and equities. Greenlight is most notable for its short selling of Lehman stock prior to Lehman Brothers' collapse in 2008 and the $11 million fine they received in January 2012 for insider trading in the UK. Einhorn remains the fund's manager.

AGRO vs GLRE — Head-to-Head

Bigger by revenue
AGRO
AGRO
1.4× larger
AGRO
$304.2M
$210.3M
GLRE
Growing faster (revenue YoY)
GLRE
GLRE
+83.7% gap
GLRE
48.3%
-35.5%
AGRO
Higher net margin
GLRE
GLRE
21.3% more per $
GLRE
23.4%
2.1%
AGRO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AGRO
AGRO
GLRE
GLRE
Revenue
$304.2M
$210.3M
Net Profit
$6.4M
$49.3M
Gross Margin
35.1%
Operating Margin
18.7%
Net Margin
2.1%
23.4%
Revenue YoY
-35.5%
48.3%
Net Profit YoY
-65.7%
279.7%
EPS (diluted)
$0.07
$1.43

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
AGRO
AGRO
GLRE
GLRE
Q4 25
$210.3M
Q3 25
$304.2M
$146.1M
Q2 25
$160.1M
Q1 25
$213.3M
Q4 24
$141.8M
Q3 24
$471.5M
$188.0M
Q2 24
$174.9M
Q1 24
$191.3M
Net Profit
AGRO
AGRO
GLRE
GLRE
Q4 25
$49.3M
Q3 25
$6.4M
$-4.4M
Q2 25
$329.0K
Q1 25
$29.6M
Q4 24
$-27.4M
Q3 24
$18.7M
$35.2M
Q2 24
$8.0M
Q1 24
$27.0M
Gross Margin
AGRO
AGRO
GLRE
GLRE
Q4 25
Q3 25
35.1%
Q2 25
Q1 25
Q4 24
Q3 24
25.1%
Q2 24
Q1 24
Operating Margin
AGRO
AGRO
GLRE
GLRE
Q4 25
Q3 25
18.7%
Q2 25
Q1 25
Q4 24
Q3 24
6.3%
Q2 24
Q1 24
Net Margin
AGRO
AGRO
GLRE
GLRE
Q4 25
23.4%
Q3 25
2.1%
-3.0%
Q2 25
0.2%
Q1 25
13.9%
Q4 24
-19.3%
Q3 24
4.0%
18.7%
Q2 24
4.6%
Q1 24
14.1%
EPS (diluted)
AGRO
AGRO
GLRE
GLRE
Q4 25
$1.43
Q3 25
$0.07
$-0.13
Q2 25
$0.01
Q1 25
$0.86
Q4 24
$-0.78
Q3 24
$0.19
$1.01
Q2 24
$0.23
Q1 24
$0.78

Balance Sheet & Financial Strength

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

Metric
AGRO
AGRO
GLRE
GLRE
Cash + ST InvestmentsLiquidity on hand
$340.0M
$111.8M
Total DebtLower is stronger
$4.7M
Stockholders' EquityBook value
$1.4B
$708.0M
Total Assets
$3.6B
$2.2B
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGRO
AGRO
GLRE
GLRE
Q4 25
$111.8M
Q3 25
$340.0M
$68.8M
Q2 25
$82.4M
Q1 25
$47.5M
Q4 24
$64.7M
Q3 24
$198.3M
$54.6M
Q2 24
$52.2M
Q1 24
$61.6M
Total Debt
AGRO
AGRO
GLRE
GLRE
Q4 25
$4.7M
Q3 25
$34.7M
Q2 25
$58.9M
Q1 25
$59.8M
Q4 24
$60.7M
Q3 24
$62.6M
Q2 24
$61.6M
Q1 24
$72.5M
Stockholders' Equity
AGRO
AGRO
GLRE
GLRE
Q4 25
$708.0M
Q3 25
$1.4B
$658.9M
Q2 25
$663.3M
Q1 25
$666.8M
Q4 24
$635.9M
Q3 24
$1.4B
$663.4M
Q2 24
$634.0M
Q1 24
$624.5M
Total Assets
AGRO
AGRO
GLRE
GLRE
Q4 25
$2.2B
Q3 25
$3.6B
$2.1B
Q2 25
$2.2B
Q1 25
$2.2B
Q4 24
$2.0B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.9B
Debt / Equity
AGRO
AGRO
GLRE
GLRE
Q4 25
0.01×
Q3 25
0.05×
Q2 25
0.09×
Q1 25
0.09×
Q4 24
0.10×
Q3 24
0.09×
Q2 24
0.10×
Q1 24
0.12×

Cash Flow & Capital Efficiency

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

Metric
AGRO
AGRO
GLRE
GLRE
Operating Cash FlowLast quarter
$138.7M
$100.2M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
21.58×
2.03×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGRO
AGRO
GLRE
GLRE
Q4 25
$100.2M
Q3 25
$138.7M
$31.2M
Q2 25
$68.4M
Q1 25
$10.4M
Q4 24
$29.5M
Q3 24
$164.9M
$41.3M
Q2 24
$22.7M
Q1 24
$18.0M
Cash Conversion
AGRO
AGRO
GLRE
GLRE
Q4 25
2.03×
Q3 25
21.58×
Q2 25
208.02×
Q1 25
0.35×
Q4 24
Q3 24
8.81×
1.17×
Q2 24
2.85×
Q1 24
0.66×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AGRO
AGRO

Segment breakdown not available.

GLRE
GLRE

Other$124.7M59%
Innovations$85.6M41%

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