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Side-by-side financial comparison of Andersons, Inc. (ANDE) and DIODES INC (DIOD). Click either name above to swap in a different company.
DIODES INC is the larger business by last-quarter revenue ($391.6M vs $329.5M, roughly 1.2× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 2.6%, a 17.9% gap on every dollar of revenue. On growth, DIODES INC posted the faster year-over-year revenue change (15.4% vs -2.4%). DIODES INC produced more free cash flow last quarter ($12.4M vs $-77.1M). Over the past eight quarters, DIODES INC's revenue compounded faster (13.9% 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.
Diodes Incorporated is a global semiconductor manufacturer that designs, produces and supplies discrete, analog and mixed-signal semiconductor products. Its solutions serve key end markets including automotive, industrial, consumer electronics, personal computing and communications infrastructure, with a worldwide customer base.
ANDE vs DIOD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $329.5M | $391.6M |
| Net Profit | $67.4M | $10.2M |
| Gross Margin | 70.3% | 31.1% |
| Operating Margin | 26.6% | 3.4% |
| Net Margin | 20.5% | 2.6% |
| Revenue YoY | -2.4% | 15.4% |
| Net Profit YoY | 49.6% | 23.8% |
| EPS (diluted) | — | $0.23 |
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.
| Q4 25 | $329.5M | $391.6M | ||
| Q3 25 | $295.8M | $392.2M | ||
| Q2 25 | $535.0M | $366.2M | ||
| Q1 25 | $370.8M | $332.1M | ||
| Q4 24 | $337.5M | $339.3M | ||
| Q3 24 | $231.9M | $350.1M | ||
| Q2 24 | $492.5M | $319.8M | ||
| Q1 24 | $341.4M | $302.0M |
| Q4 25 | $67.4M | $10.2M | ||
| Q3 25 | $20.1M | $14.3M | ||
| Q2 25 | $7.9M | $46.1M | ||
| Q1 25 | $284.0K | $-4.4M | ||
| Q4 24 | $45.1M | $8.2M | ||
| Q3 24 | $27.4M | $13.7M | ||
| Q2 24 | $36.0M | $8.0M | ||
| Q1 24 | $5.6M | $14.0M |
| Q4 25 | 70.3% | 31.1% | ||
| Q3 25 | 57.8% | 30.7% | ||
| Q2 25 | 29.6% | 31.5% | ||
| Q1 25 | 41.2% | 31.5% | ||
| Q4 24 | 63.1% | 32.7% | ||
| Q3 24 | 76.4% | 33.7% | ||
| Q2 24 | 35.6% | 33.6% | ||
| Q1 24 | 37.6% | 33.0% |
| Q4 25 | 26.6% | 3.4% | ||
| Q3 25 | 8.7% | 3.0% | ||
| Q2 25 | 4.6% | 2.6% | ||
| Q1 25 | 0.9% | 0.4% | ||
| Q4 24 | 19.9% | 3.5% | ||
| Q3 24 | 26.8% | 6.2% | ||
| Q2 24 | 11.6% | 1.2% | ||
| Q1 24 | 4.1% | 4.3% |
| Q4 25 | 20.5% | 2.6% | ||
| Q3 25 | 6.8% | 3.6% | ||
| Q2 25 | 1.5% | 12.6% | ||
| Q1 25 | 0.1% | -1.3% | ||
| Q4 24 | 13.4% | 2.4% | ||
| Q3 24 | 11.8% | 3.9% | ||
| Q2 24 | 7.3% | 2.5% | ||
| Q1 24 | 1.6% | 4.6% |
| Q4 25 | — | $0.23 | ||
| Q3 25 | $0.59 | $0.31 | ||
| Q2 25 | $0.23 | $0.99 | ||
| Q1 25 | $0.01 | $-0.10 | ||
| Q4 24 | $1.31 | $0.18 | ||
| Q3 24 | $0.80 | $0.30 | ||
| Q2 24 | $1.05 | $0.17 | ||
| Q1 24 | $0.16 | $0.30 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.3M | $377.0M |
| Total DebtLower is stronger | $560.0M | $25.7M |
| Stockholders' EquityBook value | $1.2B | $1.9B |
| Total Assets | $3.7B | $2.4B |
| Debt / EquityLower = less leverage | 0.45× | 0.01× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $377.0M | ||
| Q3 25 | — | $386.4M | ||
| Q2 25 | — | $327.3M | ||
| Q1 25 | — | $343.9M | ||
| Q4 24 | $561.8M | $316.1M | ||
| Q3 24 | — | $319.3M | ||
| Q2 24 | — | $273.9M | ||
| Q1 24 | — | $276.0M |
| Q4 25 | $560.0M | $25.7M | ||
| Q3 25 | — | $24.9M | ||
| Q2 25 | — | $26.4M | ||
| Q1 25 | — | $20.5M | ||
| Q4 24 | $608.2M | $20.7M | ||
| Q3 24 | — | $22.2M | ||
| Q2 24 | — | $20.3M | ||
| Q1 24 | — | $20.9M |
| Q4 25 | $1.2B | $1.9B | ||
| Q3 25 | $1.2B | $1.9B | ||
| Q2 25 | $1.4B | $1.9B | ||
| Q1 25 | $1.4B | $1.8B | ||
| Q4 24 | $1.4B | $1.8B | ||
| Q3 24 | $1.3B | $1.8B | ||
| Q2 24 | $1.3B | $1.8B | ||
| Q1 24 | $1.3B | $1.7B |
| Q4 25 | $3.7B | $2.4B | ||
| Q3 25 | $3.3B | $2.5B | ||
| Q2 25 | $3.4B | $2.5B | ||
| Q1 25 | $3.8B | $2.4B | ||
| Q4 24 | $4.1B | $2.4B | ||
| Q3 24 | $3.4B | $2.4B | ||
| Q2 24 | $3.3B | $2.4B | ||
| Q1 24 | $3.3B | $2.4B |
| Q4 25 | 0.45× | 0.01× | ||
| Q3 25 | — | 0.01× | ||
| Q2 25 | — | 0.01× | ||
| Q1 25 | — | 0.01× | ||
| Q4 24 | 0.45× | 0.01× | ||
| Q3 24 | — | 0.01× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | — | 0.01× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | $-6.2M | $38.1M |
| Free Cash FlowOCF − Capex | $-77.1M | $12.4M |
| FCF MarginFCF / Revenue | -23.4% | 3.2% |
| Capex IntensityCapex / Revenue | 21.5% | 6.6% |
| Cash ConversionOCF / Net Profit | -0.09× | 3.74× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $137.2M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $38.1M | ||
| Q3 25 | $233.9M | $79.1M | ||
| Q2 25 | $299.3M | $41.5M | ||
| Q1 25 | $-350.0M | $56.7M | ||
| Q4 24 | $268.8M | $81.8M | ||
| Q3 24 | $-2.1M | $54.4M | ||
| Q2 24 | $304.4M | $14.4M | ||
| Q1 24 | $-239.6M | $-31.1M |
| Q4 25 | $-77.1M | $12.4M | ||
| Q3 25 | $167.0M | $62.8M | ||
| Q2 25 | $250.5M | $21.1M | ||
| Q1 25 | $-396.6M | $40.8M | ||
| Q4 24 | $212.9M | $62.1M | ||
| Q3 24 | $-40.0M | $39.4M | ||
| Q2 24 | $275.8M | $-3.5M | ||
| Q1 24 | $-266.4M | $-51.5M |
| Q4 25 | -23.4% | 3.2% | ||
| Q3 25 | 56.5% | 16.0% | ||
| Q2 25 | 46.8% | 5.8% | ||
| Q1 25 | -106.9% | 12.3% | ||
| Q4 24 | 63.1% | 18.3% | ||
| Q3 24 | -17.2% | 11.2% | ||
| Q2 24 | 56.0% | -1.1% | ||
| Q1 24 | -78.0% | -17.1% |
| Q4 25 | 21.5% | 6.6% | ||
| Q3 25 | 22.6% | 4.2% | ||
| Q2 25 | 9.1% | 5.6% | ||
| Q1 25 | 12.6% | 4.8% | ||
| Q4 24 | 16.6% | 5.8% | ||
| Q3 24 | 16.3% | 4.3% | ||
| Q2 24 | 5.8% | 5.6% | ||
| Q1 24 | 7.8% | 6.7% |
| Q4 25 | -0.09× | 3.74× | ||
| Q3 25 | 11.61× | 5.54× | ||
| Q2 25 | 38.10× | 0.90× | ||
| Q1 25 | -1232.46× | — | ||
| Q4 24 | 5.96× | 9.93× | ||
| Q3 24 | -0.08× | 3.95× | ||
| Q2 24 | 8.46× | 1.80× | ||
| Q1 24 | -42.94× | -2.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
DIOD
| Distributor | $253.1M | 65% |
| Direct Sales | $138.5M | 35% |