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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Federal Realty Investment Trust (FRT). Click either name above to swap in a different company.

Federal Realty Investment Trust is the larger business by last-quarter revenue ($336.0M vs $329.5M, roughly 1.0× Andersons, Inc.). Federal Realty Investment Trust runs the higher net margin — 38.6% vs 20.5%, a 18.1% gap on every dollar of revenue. On growth, Federal Realty Investment Trust posted the faster year-over-year revenue change (8.7% vs -2.4%). Over the past eight quarters, Federal Realty Investment Trust's revenue compounded faster (6.5% 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.

Federal Realty Investment Trust is a real estate investment trust that invests in shopping centers in the Northeastern United States, the Mid-Atlantic states, California, and South Florida.

ANDE vs FRT — Head-to-Head

Bigger by revenue
FRT
FRT
1.0× larger
FRT
$336.0M
$329.5M
ANDE
Growing faster (revenue YoY)
FRT
FRT
+11.1% gap
FRT
8.7%
-2.4%
ANDE
Higher net margin
FRT
FRT
18.1% more per $
FRT
38.6%
20.5%
ANDE
Faster 2-yr revenue CAGR
FRT
FRT
Annualised
FRT
6.5%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ANDE
ANDE
FRT
FRT
Revenue
$329.5M
$336.0M
Net Profit
$67.4M
$129.7M
Gross Margin
70.3%
Operating Margin
26.6%
53.8%
Net Margin
20.5%
38.6%
Revenue YoY
-2.4%
8.7%
Net Profit YoY
49.6%
103.5%
EPS (diluted)
$1.49

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
FRT
FRT
Q1 26
$336.0M
Q4 25
$329.5M
$336.0M
Q3 25
$295.8M
$322.3M
Q2 25
$535.0M
$311.5M
Q1 25
$370.8M
$309.2M
Q4 24
$337.5M
$311.4M
Q3 24
$231.9M
$303.6M
Q2 24
$492.5M
$296.1M
Net Profit
ANDE
ANDE
FRT
FRT
Q1 26
$129.7M
Q4 25
$67.4M
$129.7M
Q3 25
$20.1M
$61.6M
Q2 25
$7.9M
$155.9M
Q1 25
$284.0K
$63.8M
Q4 24
$45.1M
$65.5M
Q3 24
$27.4M
$61.0M
Q2 24
$36.0M
$112.0M
Gross Margin
ANDE
ANDE
FRT
FRT
Q1 26
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%
Operating Margin
ANDE
ANDE
FRT
FRT
Q1 26
53.8%
Q4 25
26.6%
53.8%
Q3 25
8.7%
34.3%
Q2 25
4.6%
65.1%
Q1 25
0.9%
35.0%
Q4 24
19.9%
35.1%
Q3 24
26.8%
34.9%
Q2 24
11.6%
53.0%
Net Margin
ANDE
ANDE
FRT
FRT
Q1 26
38.6%
Q4 25
20.5%
38.6%
Q3 25
6.8%
19.1%
Q2 25
1.5%
50.0%
Q1 25
0.1%
20.6%
Q4 24
13.4%
21.0%
Q3 24
11.8%
20.1%
Q2 24
7.3%
37.8%
EPS (diluted)
ANDE
ANDE
FRT
FRT
Q1 26
$1.49
Q4 25
$1.49
Q3 25
$0.59
$0.69
Q2 25
$0.23
$1.78
Q1 25
$0.01
$0.72
Q4 24
$1.31
$0.74
Q3 24
$0.80
$0.70
Q2 24
$1.05
$1.32

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
FRT
FRT
Cash + ST InvestmentsLiquidity on hand
$98.3M
$107.4M
Total DebtLower is stronger
$560.0M
$5.0B
Stockholders' EquityBook value
$1.2B
$3.2B
Total Assets
$3.7B
$9.1B
Debt / EquityLower = less leverage
0.45×
1.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
FRT
FRT
Q1 26
$107.4M
Q4 25
$98.3M
$107.4M
Q3 25
$111.3M
Q2 25
$177.0M
Q1 25
$109.2M
Q4 24
$561.8M
$123.4M
Q3 24
$97.0M
Q2 24
$103.2M
Total Debt
ANDE
ANDE
FRT
FRT
Q1 26
$5.0B
Q4 25
$560.0M
$5.0B
Q3 25
Q2 25
Q1 25
Q4 24
$608.2M
$4.5B
Q3 24
Q2 24
Stockholders' Equity
ANDE
ANDE
FRT
FRT
Q1 26
$3.2B
Q4 25
$1.2B
$3.2B
Q3 25
$1.2B
$3.2B
Q2 25
$1.4B
$3.2B
Q1 25
$1.4B
$3.2B
Q4 24
$1.4B
$3.2B
Q3 24
$1.3B
$3.1B
Q2 24
$1.3B
$3.0B
Total Assets
ANDE
ANDE
FRT
FRT
Q1 26
$9.1B
Q4 25
$3.7B
$9.1B
Q3 25
$3.3B
$8.9B
Q2 25
$3.4B
$8.6B
Q1 25
$3.8B
$8.6B
Q4 24
$4.1B
$8.5B
Q3 24
$3.4B
$8.5B
Q2 24
$3.3B
$8.4B
Debt / Equity
ANDE
ANDE
FRT
FRT
Q1 26
1.53×
Q4 25
0.45×
1.53×
Q3 25
Q2 25
Q1 25
Q4 24
0.45×
1.42×
Q3 24
Q2 24

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
FRT
FRT
Q1 26
Q4 25
$-6.2M
$622.4M
Q3 25
$233.9M
$147.8M
Q2 25
$299.3M
$150.7M
Q1 25
$-350.0M
$179.0M
Q4 24
$268.8M
$574.6M
Q3 24
$-2.1M
$144.1M
Q2 24
$304.4M
$169.7M
Free Cash Flow
ANDE
ANDE
FRT
FRT
Q1 26
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
FCF Margin
ANDE
ANDE
FRT
FRT
Q1 26
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%
Capex Intensity
ANDE
ANDE
FRT
FRT
Q1 26
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%
Cash Conversion
ANDE
ANDE
FRT
FRT
Q1 26
Q4 25
-0.09×
4.80×
Q3 25
11.61×
2.40×
Q2 25
38.10×
0.97×
Q1 25
-1232.46×
2.81×
Q4 24
5.96×
8.77×
Q3 24
-0.08×
2.36×
Q2 24
8.46×
1.52×

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%

FRT
FRT

Segment breakdown not available.

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