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Side-by-side financial comparison of Andersons, Inc. (ANDE) and GRIFFON CORP (GFF), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

GRIFFON CORP is the larger business by last-quarter revenue ($649.1M vs $329.5M, roughly 2.0× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 9.9%, a 10.5% gap on every dollar of revenue. On growth, GRIFFON CORP posted the faster year-over-year revenue change (2.6% vs -2.4%). GRIFFON CORP produced more free cash flow last quarter ($99.3M vs $-77.1M). Over the past eight quarters, Andersons, Inc.'s revenue compounded faster (-1.8% 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.

Griffon Corporation is a multinational conglomerate headquartered in New York City. It operates as a diversified management and holding company. The company has four subsidiaries: Ames True Temper, ClosetMaid, Clopay Building Products, and CornellCookson. Griffon has been publicly traded since 1961 and is listed on the New York Stock Exchange as a component stock of the S&P SmallCap 600, S&P Composite 1500, and Russell 2000 indices.

ANDE vs GFF — Head-to-Head

Bigger by revenue
GFF
GFF
2.0× larger
GFF
$649.1M
$329.5M
ANDE
Growing faster (revenue YoY)
GFF
GFF
+5.0% gap
GFF
2.6%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
10.5% more per $
ANDE
20.5%
9.9%
GFF
More free cash flow
GFF
GFF
$176.4M more FCF
GFF
$99.3M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
ANDE
ANDE
Annualised
ANDE
-1.8%
-1.8%
GFF

Income Statement — Q4 2025 vs Q1 2026

Metric
ANDE
ANDE
GFF
GFF
Revenue
$329.5M
$649.1M
Net Profit
$67.4M
$64.4M
Gross Margin
70.3%
41.1%
Operating Margin
26.6%
17.5%
Net Margin
20.5%
9.9%
Revenue YoY
-2.4%
2.6%
Net Profit YoY
49.6%
-9.1%
EPS (diluted)
$1.41

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
ANDE
ANDE
GFF
GFF
Q4 25
$329.5M
$649.1M
Q3 25
$295.8M
$662.2M
Q2 25
$535.0M
$613.6M
Q1 25
$370.8M
$611.7M
Q4 24
$337.5M
$632.4M
Q3 24
$231.9M
$659.7M
Q2 24
$492.5M
$647.8M
Q1 24
$341.4M
$672.9M
Net Profit
ANDE
ANDE
GFF
GFF
Q4 25
$67.4M
$64.4M
Q3 25
$20.1M
$43.6M
Q2 25
$7.9M
$-120.1M
Q1 25
$284.0K
$56.8M
Q4 24
$45.1M
$70.9M
Q3 24
$27.4M
$62.5M
Q2 24
$36.0M
$41.1M
Q1 24
$5.6M
$64.1M
Gross Margin
ANDE
ANDE
GFF
GFF
Q4 25
70.3%
41.1%
Q3 25
57.8%
41.7%
Q2 25
29.6%
43.2%
Q1 25
41.2%
41.2%
Q4 24
63.1%
41.8%
Q3 24
76.4%
39.9%
Q2 24
35.6%
38.5%
Q1 24
37.6%
40.2%
Operating Margin
ANDE
ANDE
GFF
GFF
Q4 25
26.6%
17.5%
Q3 25
8.7%
18.0%
Q2 25
4.6%
-20.5%
Q1 25
0.9%
16.5%
Q4 24
19.9%
17.7%
Q3 24
26.8%
16.9%
Q2 24
11.6%
13.8%
Q1 24
4.1%
16.9%
Net Margin
ANDE
ANDE
GFF
GFF
Q4 25
20.5%
9.9%
Q3 25
6.8%
6.6%
Q2 25
1.5%
-19.6%
Q1 25
0.1%
9.3%
Q4 24
13.4%
11.2%
Q3 24
11.8%
9.5%
Q2 24
7.3%
6.3%
Q1 24
1.6%
9.5%
EPS (diluted)
ANDE
ANDE
GFF
GFF
Q4 25
$1.41
Q3 25
$0.59
$1.04
Q2 25
$0.23
$-2.65
Q1 25
$0.01
$1.21
Q4 24
$1.31
$1.49
Q3 24
$0.80
$1.29
Q2 24
$1.05
$0.84
Q1 24
$0.16
$1.28

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
ANDE
ANDE
GFF
GFF
Cash + ST InvestmentsLiquidity on hand
$98.3M
$95.3M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$108.9M
Total Assets
$3.7B
$2.1B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
ANDE
ANDE
GFF
GFF
Q4 25
$98.3M
$95.3M
Q3 25
$99.0M
Q2 25
$107.3M
Q1 25
$127.8M
Q4 24
$561.8M
$152.0M
Q3 24
$114.4M
Q2 24
$133.5M
Q1 24
$123.0M
Total Debt
ANDE
ANDE
GFF
GFF
Q4 25
$560.0M
Q3 25
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$608.2M
$1.5B
Q3 24
$1.5B
Q2 24
$1.5B
Q1 24
$1.6B
Stockholders' Equity
ANDE
ANDE
GFF
GFF
Q4 25
$1.2B
$108.9M
Q3 25
$1.2B
$74.0M
Q2 25
$1.4B
$63.9M
Q1 25
$1.4B
$214.7M
Q4 24
$1.4B
$227.8M
Q3 24
$1.3B
$224.9M
Q2 24
$1.3B
$223.5M
Q1 24
$1.3B
$202.2M
Total Assets
ANDE
ANDE
GFF
GFF
Q4 25
$3.7B
$2.1B
Q3 25
$3.3B
$2.1B
Q2 25
$3.4B
$2.1B
Q1 25
$3.8B
$2.3B
Q4 24
$4.1B
$2.3B
Q3 24
$3.4B
$2.4B
Q2 24
$3.3B
$2.4B
Q1 24
$3.3B
$2.4B
Debt / Equity
ANDE
ANDE
GFF
GFF
Q4 25
0.45×
Q3 25
Q2 25
22.71×
Q1 25
7.16×
Q4 24
0.45×
6.48×
Q3 24
6.78×
Q2 24
6.74×
Q1 24
7.84×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
ANDE
ANDE
GFF
GFF
Operating Cash FlowLast quarter
$-6.2M
$107.0M
Free Cash FlowOCF − Capex
$-77.1M
$99.3M
FCF MarginFCF / Revenue
-23.4%
15.3%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
21.5%
1.2%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
-0.09×
1.66×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$278.9M

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
ANDE
ANDE
GFF
GFF
Q4 25
$-6.2M
$107.0M
Q3 25
$233.9M
$75.0M
Q2 25
$299.3M
$123.1M
Q1 25
$-350.0M
$16.5M
Q4 24
$268.8M
$142.9M
Q3 24
$-2.1M
$72.1M
Q2 24
$304.4M
$122.1M
Q1 24
$-239.6M
$39.8M
Free Cash Flow
ANDE
ANDE
GFF
GFF
Q4 25
$-77.1M
$99.3M
Q3 25
$167.0M
$62.4M
Q2 25
$250.5M
$114.4M
Q1 25
$-396.6M
$2.8M
Q4 24
$212.9M
$125.5M
Q3 24
$-40.0M
$51.6M
Q2 24
$275.8M
$107.5M
Q1 24
$-266.4M
$20.8M
FCF Margin
ANDE
ANDE
GFF
GFF
Q4 25
-23.4%
15.3%
Q3 25
56.5%
9.4%
Q2 25
46.8%
18.6%
Q1 25
-106.9%
0.5%
Q4 24
63.1%
19.8%
Q3 24
-17.2%
7.8%
Q2 24
56.0%
16.6%
Q1 24
-78.0%
3.1%
Capex Intensity
ANDE
ANDE
GFF
GFF
Q4 25
21.5%
1.2%
Q3 25
22.6%
1.9%
Q2 25
9.1%
1.4%
Q1 25
12.6%
2.2%
Q4 24
16.6%
2.8%
Q3 24
16.3%
3.1%
Q2 24
5.8%
2.2%
Q1 24
7.8%
2.8%
Cash Conversion
ANDE
ANDE
GFF
GFF
Q4 25
-0.09×
1.66×
Q3 25
11.61×
1.72×
Q2 25
38.10×
Q1 25
-1232.46×
0.29×
Q4 24
5.96×
2.02×
Q3 24
-0.08×
1.15×
Q2 24
8.46×
2.97×
Q1 24
-42.94×
0.62×

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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%

GFF
GFF

Consumer And Professional Products$241.1M37%
Residential Repairand Remodel$202.1M31%
International Excluding North America$97.8M15%
Retail$47.3M7%
Residential New Construction$32.5M5%
Other$14.2M2%
Industrial$14.1M2%

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