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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Essex Property Trust (ESS). Click either name above to swap in a different company.

Essex Property Trust is the larger business by last-quarter revenue ($479.6M vs $329.5M, roughly 1.5× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 17.9%, a 2.6% gap on every dollar of revenue. On growth, Essex Property Trust posted the faster year-over-year revenue change (5.5% vs -2.4%). Over the past eight quarters, Essex Property Trust's revenue compounded faster (6.0% 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.

Essex Property Trust is a publicly traded real estate investment trust that invests in apartments in California and in the Seattle metropolitan area.

ANDE vs ESS — Head-to-Head

Bigger by revenue
ESS
ESS
1.5× larger
ESS
$479.6M
$329.5M
ANDE
Growing faster (revenue YoY)
ESS
ESS
+7.9% gap
ESS
5.5%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
2.6% more per $
ANDE
20.5%
17.9%
ESS
Faster 2-yr revenue CAGR
ESS
ESS
Annualised
ESS
6.0%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
ESS
ESS
Revenue
$329.5M
$479.6M
Net Profit
$67.4M
$85.7M
Gross Margin
70.3%
70.0%
Operating Margin
26.6%
31.7%
Net Margin
20.5%
17.9%
Revenue YoY
-2.4%
5.5%
Net Profit YoY
49.6%
-71.6%
EPS (diluted)
$1.24

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
ESS
ESS
Q4 25
$329.5M
$479.6M
Q3 25
$295.8M
$473.3M
Q2 25
$535.0M
$469.8M
Q1 25
$370.8M
$464.6M
Q4 24
$337.5M
$454.5M
Q3 24
$231.9M
$450.7M
Q2 24
$492.5M
$442.4M
Q1 24
$341.4M
$426.9M
Net Profit
ANDE
ANDE
ESS
ESS
Q4 25
$67.4M
$85.7M
Q3 25
$20.1M
$172.7M
Q2 25
$7.9M
$231.5M
Q1 25
$284.0K
$212.8M
Q4 24
$45.1M
$301.7M
Q3 24
$27.4M
$125.5M
Q2 24
$36.0M
$99.0M
Q1 24
$5.6M
$285.1M
Gross Margin
ANDE
ANDE
ESS
ESS
Q4 25
70.3%
70.0%
Q3 25
57.8%
69.2%
Q2 25
29.6%
70.7%
Q1 25
41.2%
69.6%
Q4 24
63.1%
70.0%
Q3 24
76.4%
69.5%
Q2 24
35.6%
70.8%
Q1 24
37.6%
69.7%
Operating Margin
ANDE
ANDE
ESS
ESS
Q4 25
26.6%
31.7%
Q3 25
8.7%
44.5%
Q2 25
4.6%
59.5%
Q1 25
0.9%
55.3%
Q4 24
19.9%
67.0%
Q3 24
26.8%
28.6%
Q2 24
11.6%
31.1%
Q1 24
4.1%
31.0%
Net Margin
ANDE
ANDE
ESS
ESS
Q4 25
20.5%
17.9%
Q3 25
6.8%
36.5%
Q2 25
1.5%
49.3%
Q1 25
0.1%
45.8%
Q4 24
13.4%
66.4%
Q3 24
11.8%
27.8%
Q2 24
7.3%
22.4%
Q1 24
1.6%
66.8%
EPS (diluted)
ANDE
ANDE
ESS
ESS
Q4 25
$1.24
Q3 25
$0.59
$2.56
Q2 25
$0.23
$3.44
Q1 25
$0.01
$3.16
Q4 24
$1.31
$4.00
Q3 24
$0.80
$1.84
Q2 24
$1.05
$1.45
Q1 24
$0.16
$4.25

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
ESS
ESS
Cash + ST InvestmentsLiquidity on hand
$98.3M
$76.2M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$5.5B
Total Assets
$3.7B
$13.2B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
ESS
ESS
Q4 25
$98.3M
$76.2M
Q3 25
$66.0M
Q2 25
$58.7M
Q1 25
$98.7M
Q4 24
$561.8M
$66.8M
Q3 24
$71.3M
Q2 24
$55.2M
Q1 24
$499.0M
Total Debt
ANDE
ANDE
ESS
ESS
Q4 25
$560.0M
Q3 25
$6.4B
Q2 25
$6.4B
Q1 25
$6.8B
Q4 24
$608.2M
Q3 24
$6.4B
Q2 24
$6.2B
Q1 24
$6.6B
Stockholders' Equity
ANDE
ANDE
ESS
ESS
Q4 25
$1.2B
$5.5B
Q3 25
$1.2B
$5.6B
Q2 25
$1.4B
$5.6B
Q1 25
$1.4B
$5.6B
Q4 24
$1.4B
$5.5B
Q3 24
$1.3B
$5.4B
Q2 24
$1.3B
$5.5B
Q1 24
$1.3B
$5.5B
Total Assets
ANDE
ANDE
ESS
ESS
Q4 25
$3.7B
$13.2B
Q3 25
$3.3B
$13.2B
Q2 25
$3.4B
$13.2B
Q1 25
$3.8B
$13.2B
Q4 24
$4.1B
$12.9B
Q3 24
$3.4B
$12.6B
Q2 24
$3.3B
$12.5B
Q1 24
$3.3B
$12.9B
Debt / Equity
ANDE
ANDE
ESS
ESS
Q4 25
0.45×
Q3 25
1.15×
Q2 25
1.14×
Q1 25
1.22×
Q4 24
0.45×
Q3 24
1.18×
Q2 24
1.13×
Q1 24
1.19×

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
ESS
ESS
Operating Cash FlowLast quarter
$-6.2M
$1.1B
Free Cash FlowOCF − Capex
$-77.1M
FCF MarginFCF / Revenue
-23.4%
Capex IntensityCapex / Revenue
21.5%
Cash ConversionOCF / Net Profit
-0.09×
12.53×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
ESS
ESS
Q4 25
$-6.2M
$1.1B
Q3 25
$233.9M
$342.6M
Q2 25
$299.3M
$216.1M
Q1 25
$-350.0M
$281.5M
Q4 24
$268.8M
$1.1B
Q3 24
$-2.1M
$316.2M
Q2 24
$304.4M
$218.9M
Q1 24
$-239.6M
$314.9M
Free Cash Flow
ANDE
ANDE
ESS
ESS
Q4 25
$-77.1M
Q3 25
$167.0M
Q2 25
$250.5M
Q1 25
$-396.6M
Q4 24
$212.9M
Q3 24
$-40.0M
Q2 24
$275.8M
Q1 24
$-266.4M
FCF Margin
ANDE
ANDE
ESS
ESS
Q4 25
-23.4%
Q3 25
56.5%
Q2 25
46.8%
Q1 25
-106.9%
Q4 24
63.1%
Q3 24
-17.2%
Q2 24
56.0%
Q1 24
-78.0%
Capex Intensity
ANDE
ANDE
ESS
ESS
Q4 25
21.5%
Q3 25
22.6%
Q2 25
9.1%
Q1 25
12.6%
Q4 24
16.6%
Q3 24
16.3%
Q2 24
5.8%
Q1 24
7.8%
Cash Conversion
ANDE
ANDE
ESS
ESS
Q4 25
-0.09×
12.53×
Q3 25
11.61×
1.98×
Q2 25
38.10×
0.93×
Q1 25
-1232.46×
1.32×
Q4 24
5.96×
3.54×
Q3 24
-0.08×
2.52×
Q2 24
8.46×
2.21×
Q1 24
-42.94×
1.10×

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%

ESS
ESS

Segment breakdown not available.

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