vs

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

OneWater Marine Inc. is the larger business by last-quarter revenue ($442.3M vs $304.2M, roughly 1.5× Adecoagro S.A.). Adecoagro S.A. runs the higher net margin — 2.1% vs -2.9%, a 5.0% gap on every dollar of revenue. On growth, OneWater Marine Inc. posted the faster year-over-year revenue change (-8.5% 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.

OneWater Marine Inc. is a leading recreational marine retailer headquartered in the U.S. It sells new and pre-owned boats, yachts and marine parts, offers maintenance, repair and financing services, and serves individual and commercial leisure boating customers across North America through its extensive network of local dealerships.

AGRO vs ONEW — Head-to-Head

Bigger by revenue
ONEW
ONEW
1.5× larger
ONEW
$442.3M
$304.2M
AGRO
Growing faster (revenue YoY)
ONEW
ONEW
+27.0% gap
ONEW
-8.5%
-35.5%
AGRO
Higher net margin
AGRO
AGRO
5.0% more per $
AGRO
2.1%
-2.9%
ONEW

Income Statement — Q3 FY2025 vs Q3 FY2026

Metric
AGRO
AGRO
ONEW
ONEW
Revenue
$304.2M
$442.3M
Net Profit
$6.4M
$-12.9M
Gross Margin
35.1%
23.9%
Operating Margin
18.7%
1.7%
Net Margin
2.1%
-2.9%
Revenue YoY
-35.5%
-8.5%
Net Profit YoY
-65.7%
EPS (diluted)
$0.07
$-0.78

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
ONEW
ONEW
Q2 26
$442.3M
Q1 26
$380.6M
Q4 25
$380.6M
Q3 25
$304.2M
$460.1M
Q2 25
$552.9M
Q1 25
$483.5M
Q4 24
$375.8M
Q3 24
$471.5M
$377.9M
Net Profit
AGRO
AGRO
ONEW
ONEW
Q2 26
$-12.9M
Q1 26
$-7.7M
Q4 25
$-7.7M
Q3 25
$6.4M
$-113.0M
Q2 25
$10.7M
Q1 25
$-368.0K
Q4 24
$-12.0M
Q3 24
$18.7M
$-9.2M
Gross Margin
AGRO
AGRO
ONEW
ONEW
Q2 26
23.9%
Q1 26
23.5%
Q4 25
23.5%
Q3 25
35.1%
22.6%
Q2 25
23.3%
Q1 25
22.8%
Q4 24
22.4%
Q3 24
25.1%
24.0%
Operating Margin
AGRO
AGRO
ONEW
ONEW
Q2 26
1.7%
Q1 26
Q4 25
-1.4%
Q3 25
18.7%
-28.3%
Q2 25
5.5%
Q1 25
3.4%
Q4 24
-0.5%
Q3 24
6.3%
1.2%
Net Margin
AGRO
AGRO
ONEW
ONEW
Q2 26
-2.9%
Q1 26
-2.0%
Q4 25
-2.0%
Q3 25
2.1%
-24.5%
Q2 25
1.9%
Q1 25
-0.1%
Q4 24
-3.2%
Q3 24
4.0%
-2.4%
EPS (diluted)
AGRO
AGRO
ONEW
ONEW
Q2 26
$-0.78
Q1 26
$-0.47
Q4 25
Q3 25
$0.07
Q2 25
Q1 25
Q4 24
Q3 24
$0.19

Balance Sheet & Financial Strength

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

Metric
AGRO
AGRO
ONEW
ONEW
Cash + ST InvestmentsLiquidity on hand
$340.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$269.4M
Total Assets
$3.6B
$1.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
Q3 25
$340.0M
Q2 25
Q1 25
Q4 24
Q3 24
$198.3M
Stockholders' Equity
AGRO
AGRO
ONEW
ONEW
Q2 26
$269.4M
Q1 26
$277.5M
Q4 25
$277.5M
Q3 25
$1.4B
$285.0M
Q2 25
$393.2M
Q1 25
$381.6M
Q4 24
$354.8M
Q3 24
$1.4B
$360.8M
Total Assets
AGRO
AGRO
ONEW
ONEW
Q2 26
$1.4B
Q1 26
$1.4B
Q4 25
$1.4B
Q3 25
$3.6B
$1.4B
Q2 25
$1.5B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.6B

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$-76.3M
Q3 25
$138.7M
$9.9M
Q2 25
$90.8M
Q1 25
$28.5M
Q4 24
$-37.4M
Q3 24
$164.9M
$27.3M
Free Cash Flow
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
$-78.2M
Q3 25
$7.2M
Q2 25
$88.9M
Q1 25
$23.7M
Q4 24
$-40.0M
Q3 24
$23.2M
FCF Margin
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
-20.6%
Q3 25
1.6%
Q2 25
16.1%
Q1 25
4.9%
Q4 24
-10.7%
Q3 24
6.1%
Capex Intensity
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
0.5%
Q3 25
0.6%
Q2 25
0.4%
Q1 25
1.0%
Q4 24
0.7%
Q3 24
1.1%
Cash Conversion
AGRO
AGRO
ONEW
ONEW
Q2 26
Q1 26
Q4 25
Q3 25
21.58×
Q2 25
8.47×
Q1 25
Q4 24
Q3 24
8.81×

Financial Flow Comparison

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

Revenue Breakdown by Segment

AGRO
AGRO

Segment breakdown not available.

ONEW
ONEW

New boat$272.0M62%
Pre-owned boat$94.4M21%
Service, parts & other$61.9M14%
Finance & insurance income$14.0M3%

Related Comparisons