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Side-by-side financial comparison of Adecoagro S.A. (AGRO) and HCI Group, Inc. (HCI). Click either name above to swap in a different company.

Adecoagro S.A. is the larger business by last-quarter revenue ($304.2M vs $246.2M, roughly 1.2× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs 2.1%, a 37.5% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% 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.

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

AGRO vs HCI — Head-to-Head

Bigger by revenue
AGRO
AGRO
1.2× larger
AGRO
$304.2M
$246.2M
HCI
Growing faster (revenue YoY)
HCI
HCI
+87.6% gap
HCI
52.1%
-35.5%
AGRO
Higher net margin
HCI
HCI
37.5% more per $
HCI
39.7%
2.1%
AGRO

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
AGRO
AGRO
HCI
HCI
Revenue
$304.2M
$246.2M
Net Profit
$6.4M
$97.7M
Gross Margin
35.1%
Operating Margin
18.7%
58.5%
Net Margin
2.1%
39.7%
Revenue YoY
-35.5%
52.1%
Net Profit YoY
-65.7%
3679.2%
EPS (diluted)
$0.07
$7.29

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
HCI
HCI
Q4 25
$246.2M
Q3 25
$304.2M
$216.3M
Q2 25
$221.9M
Q1 25
$216.4M
Q4 24
$161.9M
Q3 24
$471.5M
$175.3M
Q2 24
$206.2M
Q1 24
$206.6M
Net Profit
AGRO
AGRO
HCI
HCI
Q4 25
$97.7M
Q3 25
$6.4M
$65.5M
Q2 25
$66.2M
Q1 25
$69.7M
Q4 24
$2.6M
Q3 24
$18.7M
$5.7M
Q2 24
$54.1M
Q1 24
$47.6M
Gross Margin
AGRO
AGRO
HCI
HCI
Q4 25
Q3 25
35.1%
Q2 25
Q1 25
Q4 24
Q3 24
25.1%
Q2 24
Q1 24
Operating Margin
AGRO
AGRO
HCI
HCI
Q4 25
58.5%
Q3 25
18.7%
41.9%
Q2 25
42.5%
Q1 25
46.4%
Q4 24
3.6%
Q3 24
6.3%
8.0%
Q2 24
36.9%
Q1 24
37.5%
Net Margin
AGRO
AGRO
HCI
HCI
Q4 25
39.7%
Q3 25
2.1%
30.3%
Q2 25
29.8%
Q1 25
32.2%
Q4 24
1.6%
Q3 24
4.0%
3.2%
Q2 24
26.2%
Q1 24
23.0%
EPS (diluted)
AGRO
AGRO
HCI
HCI
Q4 25
$7.29
Q3 25
$0.07
$4.90
Q2 25
$5.18
Q1 25
$5.35
Q4 24
$0.32
Q3 24
$0.19
$0.52
Q2 24
$4.24
Q1 24
$3.81

Balance Sheet & Financial Strength

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

Metric
AGRO
AGRO
HCI
HCI
Cash + ST InvestmentsLiquidity on hand
$340.0M
$1.2B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$1.0B
Total Assets
$3.6B
$2.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGRO
AGRO
HCI
HCI
Q4 25
$1.2B
Q3 25
$340.0M
$987.9M
Q2 25
$947.2M
Q1 25
$754.5M
Q4 24
$532.5M
Q3 24
$198.3M
$518.8M
Q2 24
$445.8M
Q1 24
$655.4M
Stockholders' Equity
AGRO
AGRO
HCI
HCI
Q4 25
$1.0B
Q3 25
$1.4B
$821.8M
Q2 25
$758.6M
Q1 25
$522.7M
Q4 24
$453.3M
Q3 24
$1.4B
$455.3M
Q2 24
$447.3M
Q1 24
$395.7M
Total Assets
AGRO
AGRO
HCI
HCI
Q4 25
$2.5B
Q3 25
$3.6B
$2.3B
Q2 25
$2.4B
Q1 25
$2.3B
Q4 24
$2.2B
Q3 24
$2.0B
Q2 24
$1.9B
Q1 24
$1.8B

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
HCI
HCI
Operating Cash FlowLast quarter
$138.7M
$444.4M
Free Cash FlowOCF − Capex
$440.8M
FCF MarginFCF / Revenue
179.0%
Capex IntensityCapex / Revenue
1.5%
Cash ConversionOCF / Net Profit
21.58×
4.55×
TTM Free Cash FlowTrailing 4 quarters
$771.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGRO
AGRO
HCI
HCI
Q4 25
$444.4M
Q3 25
$138.7M
$26.7M
Q2 25
$145.0M
Q1 25
$162.0M
Q4 24
$331.8M
Q3 24
$164.9M
$104.1M
Q2 24
$-29.0M
Q1 24
$182.0M
Free Cash Flow
AGRO
AGRO
HCI
HCI
Q4 25
$440.8M
Q3 25
$25.9M
Q2 25
$144.5M
Q1 25
$160.3M
Q4 24
$327.8M
Q3 24
$103.2M
Q2 24
$-30.1M
Q1 24
$181.0M
FCF Margin
AGRO
AGRO
HCI
HCI
Q4 25
179.0%
Q3 25
12.0%
Q2 25
65.1%
Q1 25
74.1%
Q4 24
202.5%
Q3 24
58.9%
Q2 24
-14.6%
Q1 24
87.6%
Capex Intensity
AGRO
AGRO
HCI
HCI
Q4 25
1.5%
Q3 25
0.4%
Q2 25
0.2%
Q1 25
0.8%
Q4 24
2.5%
Q3 24
0.5%
Q2 24
0.5%
Q1 24
0.5%
Cash Conversion
AGRO
AGRO
HCI
HCI
Q4 25
4.55×
Q3 25
21.58×
0.41×
Q2 25
2.19×
Q1 25
2.32×
Q4 24
128.41×
Q3 24
8.81×
18.33×
Q2 24
-0.54×
Q1 24
3.82×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AGRO
AGRO

Segment breakdown not available.

HCI
HCI

Insurance Operation$218.3M89%
Reciprocal Exchange Operation$27.0M11%

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