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

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $300.5M, roughly 1.1× Hilltop Holdings Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 13.0%, a 7.5% gap on every dollar of revenue. Over the past eight quarters, Hilltop Holdings Inc.'s revenue compounded faster (0.6% 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.

Hilltop Holdings Inc. is a financial holding company based in Dallas, Texas. It offers financial products and banking services through three primary subsidiaries: PlainsCapital Bank, PrimeLending, and HilltopSecurities.

ANDE vs HTH — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.1× larger
ANDE
$329.5M
$300.5M
HTH
Higher net margin
ANDE
ANDE
7.5% more per $
ANDE
20.5%
13.0%
HTH
Faster 2-yr revenue CAGR
HTH
HTH
Annualised
HTH
0.6%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ANDE
ANDE
HTH
HTH
Revenue
$329.5M
$300.5M
Net Profit
$67.4M
$39.0M
Gross Margin
70.3%
Operating Margin
26.6%
Net Margin
20.5%
13.0%
Revenue YoY
-2.4%
Net Profit YoY
49.6%
-12.4%
EPS (diluted)
$0.64

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
HTH
HTH
Q1 26
$300.5M
Q4 25
$329.5M
$329.9M
Q3 25
$295.8M
$330.2M
Q2 25
$535.0M
$303.3M
Q1 25
$370.8M
$318.5M
Q4 24
$337.5M
$301.1M
Q3 24
$231.9M
$305.5M
Q2 24
$492.5M
$297.0M
Net Profit
ANDE
ANDE
HTH
HTH
Q1 26
$39.0M
Q4 25
$67.4M
$41.6M
Q3 25
$20.1M
$45.8M
Q2 25
$7.9M
$36.1M
Q1 25
$284.0K
$42.1M
Q4 24
$45.1M
$35.5M
Q3 24
$27.4M
$29.7M
Q2 24
$36.0M
$20.3M
Gross Margin
ANDE
ANDE
HTH
HTH
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
HTH
HTH
Q1 26
Q4 25
26.6%
16.1%
Q3 25
8.7%
18.4%
Q2 25
4.6%
16.3%
Q1 25
0.9%
18.1%
Q4 24
19.9%
14.7%
Q3 24
26.8%
13.9%
Q2 24
11.6%
10.0%
Net Margin
ANDE
ANDE
HTH
HTH
Q1 26
13.0%
Q4 25
20.5%
12.6%
Q3 25
6.8%
13.9%
Q2 25
1.5%
11.9%
Q1 25
0.1%
13.2%
Q4 24
13.4%
11.8%
Q3 24
11.8%
9.7%
Q2 24
7.3%
6.8%
EPS (diluted)
ANDE
ANDE
HTH
HTH
Q1 26
$0.64
Q4 25
$0.68
Q3 25
$0.59
$0.74
Q2 25
$0.23
$0.57
Q1 25
$0.01
$0.65
Q4 24
$1.31
$0.55
Q3 24
$0.80
$0.46
Q2 24
$1.05
$0.31

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
HTH
HTH
Cash + ST InvestmentsLiquidity on hand
$98.3M
Total DebtLower is stronger
$560.0M
$990.8M
Stockholders' EquityBook value
$1.2B
$2.2B
Total Assets
$3.7B
$15.7B
Debt / EquityLower = less leverage
0.45×
0.46×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
HTH
HTH
Q1 26
Q4 25
$98.3M
Q3 25
Q2 25
Q1 25
Q4 24
$561.8M
Q3 24
Q2 24
Total Debt
ANDE
ANDE
HTH
HTH
Q1 26
$990.8M
Q4 25
$560.0M
Q3 25
Q2 25
Q1 25
Q4 24
$608.2M
Q3 24
Q2 24
Stockholders' Equity
ANDE
ANDE
HTH
HTH
Q1 26
$2.2B
Q4 25
$1.2B
$2.2B
Q3 25
$1.2B
$2.2B
Q2 25
$1.4B
$2.2B
Q1 25
$1.4B
$2.2B
Q4 24
$1.4B
$2.2B
Q3 24
$1.3B
$2.2B
Q2 24
$1.3B
$2.1B
Total Assets
ANDE
ANDE
HTH
HTH
Q1 26
$15.7B
Q4 25
$3.7B
$15.8B
Q3 25
$3.3B
$15.6B
Q2 25
$3.4B
$15.4B
Q1 25
$3.8B
$15.8B
Q4 24
$4.1B
$16.3B
Q3 24
$3.4B
$15.9B
Q2 24
$3.3B
$15.6B
Debt / Equity
ANDE
ANDE
HTH
HTH
Q1 26
0.46×
Q4 25
0.45×
Q3 25
Q2 25
Q1 25
Q4 24
0.45×
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
HTH
HTH
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
HTH
HTH
Q1 26
Q4 25
$-6.2M
$-38.7M
Q3 25
$233.9M
$273.0M
Q2 25
$299.3M
$-234.6M
Q1 25
$-350.0M
$5.8M
Q4 24
$268.8M
$273.9M
Q3 24
$-2.1M
$515.6M
Q2 24
$304.4M
$-435.3M
Free Cash Flow
ANDE
ANDE
HTH
HTH
Q1 26
Q4 25
$-77.1M
$-55.5M
Q3 25
$167.0M
$271.0M
Q2 25
$250.5M
$-234.6M
Q1 25
$-396.6M
$5.0M
Q4 24
$212.9M
$266.8M
Q3 24
$-40.0M
$513.8M
Q2 24
$275.8M
$-437.3M
FCF Margin
ANDE
ANDE
HTH
HTH
Q1 26
Q4 25
-23.4%
-16.8%
Q3 25
56.5%
82.1%
Q2 25
46.8%
-77.4%
Q1 25
-106.9%
1.6%
Q4 24
63.1%
88.6%
Q3 24
-17.2%
168.2%
Q2 24
56.0%
-147.2%
Capex Intensity
ANDE
ANDE
HTH
HTH
Q1 26
Q4 25
21.5%
5.1%
Q3 25
22.6%
0.6%
Q2 25
9.1%
0.0%
Q1 25
12.6%
0.3%
Q4 24
16.6%
2.4%
Q3 24
16.3%
0.6%
Q2 24
5.8%
0.7%
Cash Conversion
ANDE
ANDE
HTH
HTH
Q1 26
Q4 25
-0.09×
-0.93×
Q3 25
11.61×
5.96×
Q2 25
38.10×
-6.50×
Q1 25
-1232.46×
0.14×
Q4 24
5.96×
7.71×
Q3 24
-0.08×
17.36×
Q2 24
8.46×
-21.41×

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%

HTH
HTH

Noninterest Income$188.4M63%
Net Interest Income$112.1M37%

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