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

LivaNova PLC is the larger business by last-quarter revenue ($360.9M vs $329.5M, roughly 1.1× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 8.6%, a 11.9% gap on every dollar of revenue. On growth, LivaNova PLC posted the faster year-over-year revenue change (12.1% vs -2.4%). LivaNova PLC produced more free cash flow last quarter ($50.2M vs $-77.1M). Over the past eight quarters, LivaNova PLC's revenue compounded faster (10.6% 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.

LivaNova, plc is an American medical device manufacturer based in the UK. The company develops devices used for cardiac surgery and neuromodulation. The company was formed in 2015 by a $2.7B merger between Houston, Texas-based Cyberonics, Inc. and Milan, Italy-based Sorin S.p.a. The company trades on the NASDAQ stock exchange under the ticker symbol "LIVN".

ANDE vs LIVN — Head-to-Head

Bigger by revenue
LIVN
LIVN
1.1× larger
LIVN
$360.9M
$329.5M
ANDE
Growing faster (revenue YoY)
LIVN
LIVN
+14.5% gap
LIVN
12.1%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
11.9% more per $
ANDE
20.5%
8.6%
LIVN
More free cash flow
LIVN
LIVN
$127.3M more FCF
LIVN
$50.2M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
LIVN
LIVN
Annualised
LIVN
10.6%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
LIVN
LIVN
Revenue
$329.5M
$360.9M
Net Profit
$67.4M
$30.9M
Gross Margin
70.3%
65.2%
Operating Margin
26.6%
11.8%
Net Margin
20.5%
8.6%
Revenue YoY
-2.4%
12.1%
Net Profit YoY
49.6%
-44.7%
EPS (diluted)
$0.57

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
LIVN
LIVN
Q4 25
$329.5M
$360.9M
Q3 25
$295.8M
$357.8M
Q2 25
$535.0M
$352.5M
Q1 25
$370.8M
$316.9M
Q4 24
$337.5M
$321.8M
Q3 24
$231.9M
$318.1M
Q2 24
$492.5M
$318.6M
Q1 24
$341.4M
$294.9M
Net Profit
ANDE
ANDE
LIVN
LIVN
Q4 25
$67.4M
$30.9M
Q3 25
$20.1M
$26.8M
Q2 25
$7.9M
$27.2M
Q1 25
$284.0K
$-327.3M
Q4 24
$45.1M
$55.9M
Q3 24
$27.4M
$33.0M
Q2 24
$36.0M
$16.3M
Q1 24
$5.6M
$-41.9M
Gross Margin
ANDE
ANDE
LIVN
LIVN
Q4 25
70.3%
65.2%
Q3 25
57.8%
68.4%
Q2 25
29.6%
67.8%
Q1 25
41.2%
69.7%
Q4 24
63.1%
68.2%
Q3 24
76.4%
70.8%
Q2 24
35.6%
68.7%
Q1 24
37.6%
70.3%
Operating Margin
ANDE
ANDE
LIVN
LIVN
Q4 25
26.6%
11.8%
Q3 25
8.7%
15.1%
Q2 25
4.6%
15.4%
Q1 25
0.9%
15.3%
Q4 24
19.9%
11.5%
Q3 24
26.8%
11.2%
Q2 24
11.6%
12.6%
Q1 24
4.1%
5.5%
Net Margin
ANDE
ANDE
LIVN
LIVN
Q4 25
20.5%
8.6%
Q3 25
6.8%
7.5%
Q2 25
1.5%
7.7%
Q1 25
0.1%
-103.3%
Q4 24
13.4%
17.4%
Q3 24
11.8%
10.4%
Q2 24
7.3%
5.1%
Q1 24
1.6%
-14.2%
EPS (diluted)
ANDE
ANDE
LIVN
LIVN
Q4 25
$0.57
Q3 25
$0.59
$0.49
Q2 25
$0.23
$0.50
Q1 25
$0.01
$-6.01
Q4 24
$1.31
$1.04
Q3 24
$0.80
$0.60
Q2 24
$1.05
$0.30
Q1 24
$0.16
$-0.78

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
LIVN
LIVN
Cash + ST InvestmentsLiquidity on hand
$98.3M
$635.6M
Total DebtLower is stronger
$560.0M
$376.1M
Stockholders' EquityBook value
$1.2B
$1.2B
Total Assets
$3.7B
$2.6B
Debt / EquityLower = less leverage
0.45×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
LIVN
LIVN
Q4 25
$98.3M
$635.6M
Q3 25
$646.1M
Q2 25
$593.6M
Q1 25
$738.4M
Q4 24
$561.8M
$428.9M
Q3 24
$346.4M
Q2 24
$329.2M
Q1 24
$309.2M
Total Debt
ANDE
ANDE
LIVN
LIVN
Q4 25
$560.0M
$376.1M
Q3 25
$434.5M
Q2 25
$430.6M
Q1 25
$628.2M
Q4 24
$608.2M
$627.0M
Q3 24
$625.5M
Q2 24
$624.5M
Q1 24
$623.8M
Stockholders' Equity
ANDE
ANDE
LIVN
LIVN
Q4 25
$1.2B
$1.2B
Q3 25
$1.2B
$1.2B
Q2 25
$1.4B
$1.1B
Q1 25
$1.4B
$1.0B
Q4 24
$1.4B
$1.3B
Q3 24
$1.3B
$1.3B
Q2 24
$1.3B
$1.2B
Q1 24
$1.3B
$1.2B
Total Assets
ANDE
ANDE
LIVN
LIVN
Q4 25
$3.7B
$2.6B
Q3 25
$3.3B
$2.6B
Q2 25
$3.4B
$2.5B
Q1 25
$3.8B
$2.6B
Q4 24
$4.1B
$2.5B
Q3 24
$3.4B
$2.5B
Q2 24
$3.3B
$2.5B
Q1 24
$3.3B
$2.5B
Debt / Equity
ANDE
ANDE
LIVN
LIVN
Q4 25
0.45×
0.31×
Q3 25
0.38×
Q2 25
0.38×
Q1 25
0.61×
Q4 24
0.45×
0.47×
Q3 24
0.48×
Q2 24
0.50×
Q1 24
0.51×

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
LIVN
LIVN
Operating Cash FlowLast quarter
$-6.2M
$82.4M
Free Cash FlowOCF − Capex
$-77.1M
$50.2M
FCF MarginFCF / Revenue
-23.4%
13.9%
Capex IntensityCapex / Revenue
21.5%
8.9%
Cash ConversionOCF / Net Profit
-0.09×
2.67×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$173.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
LIVN
LIVN
Q4 25
$-6.2M
$82.4M
Q3 25
$233.9M
$85.1M
Q2 25
$299.3M
$62.9M
Q1 25
$-350.0M
$24.0M
Q4 24
$268.8M
$78.7M
Q3 24
$-2.1M
$51.0M
Q2 24
$304.4M
$43.4M
Q1 24
$-239.6M
$10.0M
Free Cash Flow
ANDE
ANDE
LIVN
LIVN
Q4 25
$-77.1M
$50.2M
Q3 25
$167.0M
$62.2M
Q2 25
$250.5M
$47.8M
Q1 25
$-396.6M
$13.2M
Q4 24
$212.9M
$68.3M
Q3 24
$-40.0M
$32.8M
Q2 24
$275.8M
$31.2M
Q1 24
$-266.4M
$3.6M
FCF Margin
ANDE
ANDE
LIVN
LIVN
Q4 25
-23.4%
13.9%
Q3 25
56.5%
17.4%
Q2 25
46.8%
13.6%
Q1 25
-106.9%
4.2%
Q4 24
63.1%
21.2%
Q3 24
-17.2%
10.3%
Q2 24
56.0%
9.8%
Q1 24
-78.0%
1.2%
Capex Intensity
ANDE
ANDE
LIVN
LIVN
Q4 25
21.5%
8.9%
Q3 25
22.6%
6.4%
Q2 25
9.1%
4.3%
Q1 25
12.6%
3.4%
Q4 24
16.6%
3.2%
Q3 24
16.3%
5.7%
Q2 24
5.8%
3.8%
Q1 24
7.8%
2.2%
Cash Conversion
ANDE
ANDE
LIVN
LIVN
Q4 25
-0.09×
2.67×
Q3 25
11.61×
3.18×
Q2 25
38.10×
2.32×
Q1 25
-1232.46×
Q4 24
5.96×
1.41×
Q3 24
-0.08×
1.55×
Q2 24
8.46×
2.65×
Q1 24
-42.94×

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%

LIVN
LIVN

Other$169.4M47%
Neuromodulation Segment$119.7M33%
Cardiopulmonary Segment$71.8M20%

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