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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Claritev Corp (CTEV). Click either name above to swap in a different company.

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $246.6M, roughly 1.3× Claritev Corp). Andersons, Inc. runs the higher net margin — 20.5% vs -32.7%, a 53.1% gap on every dollar of revenue. On growth, Claritev Corp posted the faster year-over-year revenue change (6.2% vs -2.4%). Claritev Corp produced more free cash flow last quarter ($36.4M vs $-77.1M). Over the past eight quarters, Claritev Corp's revenue compounded faster (2.5% CAGR vs -1.8%).

The Andersons, Inc. is an American agribusiness established in 1947, that began as Andersons Truck Terminal (ATT) in the 1940s for the grain industry, headquartered in Maumee, Ohio. It is a diversified company rooted in agriculture that conducts business in the commodity merchandising, renewables, and plant nutrient sectors.

ANDE vs CTEV — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.3× larger
ANDE
$329.5M
$246.6M
CTEV
Growing faster (revenue YoY)
CTEV
CTEV
+8.6% gap
CTEV
6.2%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
53.1% more per $
ANDE
20.5%
-32.7%
CTEV
More free cash flow
CTEV
CTEV
$113.5M more FCF
CTEV
$36.4M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
CTEV
CTEV
Annualised
CTEV
2.5%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
CTEV
CTEV
Revenue
$329.5M
$246.6M
Net Profit
$67.4M
$-80.6M
Gross Margin
70.3%
Operating Margin
26.6%
-3.1%
Net Margin
20.5%
-32.7%
Revenue YoY
-2.4%
6.2%
Net Profit YoY
49.6%
41.6%
EPS (diluted)
$-4.88

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
ANDE
ANDE
CTEV
CTEV
Q4 25
$329.5M
$246.6M
Q3 25
$295.8M
$246.0M
Q2 25
$535.0M
$241.6M
Q1 25
$370.8M
$231.3M
Q4 24
$337.5M
$232.1M
Q3 24
$231.9M
$230.5M
Q2 24
$492.5M
$233.5M
Q1 24
$341.4M
$234.5M
Net Profit
ANDE
ANDE
CTEV
CTEV
Q4 25
$67.4M
$-80.6M
Q3 25
$20.1M
$-69.8M
Q2 25
$7.9M
$-62.6M
Q1 25
$284.0K
$-71.3M
Q4 24
$45.1M
$-138.0M
Q3 24
$27.4M
$-391.4M
Q2 24
$36.0M
$-576.7M
Q1 24
$5.6M
$-539.7M
Gross Margin
ANDE
ANDE
CTEV
CTEV
Q4 25
70.3%
Q3 25
57.8%
Q2 25
29.6%
Q1 25
41.2%
Q4 24
63.1%
Q3 24
76.4%
Q2 24
35.6%
Q1 24
37.6%
Operating Margin
ANDE
ANDE
CTEV
CTEV
Q4 25
26.6%
-3.1%
Q3 25
8.7%
4.1%
Q2 25
4.6%
6.9%
Q1 25
0.9%
4.2%
Q4 24
19.9%
-17.8%
Q3 24
26.8%
-146.7%
Q2 24
11.6%
-224.4%
Q1 24
4.1%
-207.4%
Net Margin
ANDE
ANDE
CTEV
CTEV
Q4 25
20.5%
-32.7%
Q3 25
6.8%
-28.4%
Q2 25
1.5%
-25.9%
Q1 25
0.1%
-30.8%
Q4 24
13.4%
-59.4%
Q3 24
11.8%
-169.8%
Q2 24
7.3%
-247.0%
Q1 24
1.6%
-230.1%
EPS (diluted)
ANDE
ANDE
CTEV
CTEV
Q4 25
$-4.88
Q3 25
$0.59
$-4.23
Q2 25
$0.23
$-3.81
Q1 25
$0.01
$-4.38
Q4 24
$1.31
$-8.49
Q3 24
$0.80
$-24.25
Q2 24
$1.05
$-35.78
Q1 24
$0.16
$-33.40

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
CTEV
CTEV
Cash + ST InvestmentsLiquidity on hand
$98.3M
$16.8M
Total DebtLower is stronger
$560.0M
$4.6B
Stockholders' EquityBook value
$1.2B
$-173.9M
Total Assets
$3.7B
$4.9B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
CTEV
CTEV
Q4 25
$98.3M
$16.8M
Q3 25
$39.2M
Q2 25
$56.4M
Q1 25
$23.1M
Q4 24
$561.8M
$16.8M
Q3 24
$86.6M
Q2 24
$48.8M
Q1 24
$58.7M
Total Debt
ANDE
ANDE
CTEV
CTEV
Q4 25
$560.0M
$4.6B
Q3 25
$4.5B
Q2 25
$4.5B
Q1 25
$4.5B
Q4 24
$608.2M
$4.5B
Q3 24
$4.5B
Q2 24
$4.5B
Q1 24
$4.5B
Stockholders' Equity
ANDE
ANDE
CTEV
CTEV
Q4 25
$1.2B
$-173.9M
Q3 25
$1.2B
$-101.8M
Q2 25
$1.4B
$-39.9M
Q1 25
$1.4B
$14.8M
Q4 24
$1.4B
$84.0M
Q3 24
$1.3B
$207.6M
Q2 24
$1.3B
$603.4M
Q1 24
$1.3B
$1.2B
Total Assets
ANDE
ANDE
CTEV
CTEV
Q4 25
$3.7B
$4.9B
Q3 25
$3.3B
$5.0B
Q2 25
$3.4B
$5.1B
Q1 25
$3.8B
$5.1B
Q4 24
$4.1B
$5.2B
Q3 24
$3.4B
$5.3B
Q2 24
$3.3B
$5.7B
Q1 24
$3.3B
$6.4B
Debt / Equity
ANDE
ANDE
CTEV
CTEV
Q4 25
0.45×
Q3 25
Q2 25
Q1 25
304.87×
Q4 24
0.45×
53.67×
Q3 24
21.73×
Q2 24
7.48×
Q1 24
3.85×

Cash Flow & Capital Efficiency

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

Metric
ANDE
ANDE
CTEV
CTEV
Operating Cash FlowLast quarter
$-6.2M
$66.3M
Free Cash FlowOCF − Capex
$-77.1M
$36.4M
FCF MarginFCF / Revenue
-23.4%
14.8%
Capex IntensityCapex / Revenue
21.5%
12.1%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$-12.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
CTEV
CTEV
Q4 25
$-6.2M
$66.3M
Q3 25
$233.9M
$19.9M
Q2 25
$299.3M
$61.2M
Q1 25
$-350.0M
$-30.1M
Q4 24
$268.8M
$-33.4M
Q3 24
$-2.1M
$72.8M
Q2 24
$304.4M
$18.5M
Q1 24
$-239.6M
$49.7M
Free Cash Flow
ANDE
ANDE
CTEV
CTEV
Q4 25
$-77.1M
$36.4M
Q3 25
$167.0M
$-16.3M
Q2 25
$250.5M
$36.6M
Q1 25
$-396.6M
$-68.9M
Q4 24
$212.9M
$-63.8M
Q3 24
$-40.0M
$41.1M
Q2 24
$275.8M
$-7.0M
Q1 24
$-266.4M
$19.2M
FCF Margin
ANDE
ANDE
CTEV
CTEV
Q4 25
-23.4%
14.8%
Q3 25
56.5%
-6.6%
Q2 25
46.8%
15.2%
Q1 25
-106.9%
-29.8%
Q4 24
63.1%
-27.5%
Q3 24
-17.2%
17.8%
Q2 24
56.0%
-3.0%
Q1 24
-78.0%
8.2%
Capex Intensity
ANDE
ANDE
CTEV
CTEV
Q4 25
21.5%
12.1%
Q3 25
22.6%
14.7%
Q2 25
9.1%
10.2%
Q1 25
12.6%
16.8%
Q4 24
16.6%
13.1%
Q3 24
16.3%
13.8%
Q2 24
5.8%
10.9%
Q1 24
7.8%
13.0%
Cash Conversion
ANDE
ANDE
CTEV
CTEV
Q4 25
-0.09×
Q3 25
11.61×
Q2 25
38.10×
Q1 25
-1232.46×
Q4 24
5.96×
Q3 24
-0.08×
Q2 24
8.46×
Q1 24
-42.94×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ANDE
ANDE

Specialty And Primary Nutrients$137.1M42%
Premium Ingredients$66.1M20%
Segment Reporting Reconciling Item Other$63.2M19%
Other$63.1M19%

CTEV
CTEV

Segment breakdown not available.

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