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Side-by-side financial comparison of Andersons, Inc. (ANDE) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $326.2M, roughly 1.0× New Fortress Energy Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs -259.7%, a 280.1% gap on every dollar of revenue. On growth, Andersons, Inc. posted the faster year-over-year revenue change (-2.4% vs -7.0%). Andersons, Inc. produced more free cash flow last quarter ($-77.1M vs $-134.8M). Over the past eight quarters, Andersons, Inc.'s revenue compounded faster (-1.8% CAGR vs -26.8%).

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.

New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.

ANDE vs NFE — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.0× larger
ANDE
$329.5M
$326.2M
NFE
Growing faster (revenue YoY)
ANDE
ANDE
+4.6% gap
ANDE
-2.4%
-7.0%
NFE
Higher net margin
ANDE
ANDE
280.1% more per $
ANDE
20.5%
-259.7%
NFE
More free cash flow
ANDE
ANDE
$57.7M more FCF
ANDE
$-77.1M
$-134.8M
NFE
Faster 2-yr revenue CAGR
ANDE
ANDE
Annualised
ANDE
-1.8%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
NFE
NFE
Revenue
$329.5M
$326.2M
Net Profit
$67.4M
$-847.1M
Gross Margin
70.3%
35.5%
Operating Margin
26.6%
-193.0%
Net Margin
20.5%
-259.7%
Revenue YoY
-2.4%
-7.0%
Net Profit YoY
49.6%
-277.4%
EPS (diluted)
$-3.03

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
NFE
NFE
Q4 25
$329.5M
$326.2M
Q3 25
$295.8M
$240.3M
Q2 25
$535.0M
$228.1M
Q1 25
$370.8M
$384.9M
Q4 24
$337.5M
$350.7M
Q3 24
$231.9M
$446.0M
Q2 24
$492.5M
$291.2M
Q1 24
$341.4M
$609.5M
Net Profit
ANDE
ANDE
NFE
NFE
Q4 25
$67.4M
$-847.1M
Q3 25
$20.1M
$-263.0M
Q2 25
$7.9M
$-546.5M
Q1 25
$284.0K
$-175.4M
Q4 24
$45.1M
$-224.4M
Q3 24
$27.4M
$9.3M
Q2 24
$36.0M
$-88.9M
Q1 24
$5.6M
$54.1M
Gross Margin
ANDE
ANDE
NFE
NFE
Q4 25
70.3%
35.5%
Q3 25
57.8%
18.1%
Q2 25
29.6%
8.4%
Q1 25
41.2%
21.4%
Q4 24
63.1%
17.6%
Q3 24
76.4%
27.1%
Q2 24
35.6%
23.8%
Q1 24
37.6%
62.4%
Operating Margin
ANDE
ANDE
NFE
NFE
Q4 25
26.6%
-193.0%
Q3 25
8.7%
-37.4%
Q2 25
4.6%
-170.3%
Q1 25
0.9%
-3.3%
Q4 24
19.9%
65.0%
Q3 24
26.8%
17.8%
Q2 24
11.6%
12.3%
Q1 24
4.1%
30.4%
Net Margin
ANDE
ANDE
NFE
NFE
Q4 25
20.5%
-259.7%
Q3 25
6.8%
-109.4%
Q2 25
1.5%
-239.6%
Q1 25
0.1%
-45.6%
Q4 24
13.4%
-64.0%
Q3 24
11.8%
2.1%
Q2 24
7.3%
-30.5%
Q1 24
1.6%
8.9%
EPS (diluted)
ANDE
ANDE
NFE
NFE
Q4 25
$-3.03
Q3 25
$0.59
$-0.96
Q2 25
$0.23
$-1.99
Q1 25
$0.01
$-0.65
Q4 24
$1.31
$-1.10
Q3 24
$0.80
$0.03
Q2 24
$1.05
$-0.42
Q1 24
$0.16
$0.23

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
NFE
NFE
Cash + ST InvestmentsLiquidity on hand
$98.3M
$226.5M
Total DebtLower is stronger
$560.0M
$8.2B
Stockholders' EquityBook value
$1.2B
$182.6M
Total Assets
$3.7B
$10.6B
Debt / EquityLower = less leverage
0.45×
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
NFE
NFE
Q4 25
$98.3M
$226.5M
Q3 25
$145.2M
Q2 25
$551.1M
Q1 25
$447.9M
Q4 24
$561.8M
$492.9M
Q3 24
$90.8M
Q2 24
$133.0M
Q1 24
$143.5M
Total Debt
ANDE
ANDE
NFE
NFE
Q4 25
$560.0M
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$608.2M
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ANDE
ANDE
NFE
NFE
Q4 25
$1.2B
$182.6M
Q3 25
$1.2B
$1.1B
Q2 25
$1.4B
$1.3B
Q1 25
$1.4B
$1.8B
Q4 24
$1.4B
$1.9B
Q3 24
$1.3B
$1.6B
Q2 24
$1.3B
$1.6B
Q1 24
$1.3B
$1.7B
Total Assets
ANDE
ANDE
NFE
NFE
Q4 25
$3.7B
$10.6B
Q3 25
$3.3B
$12.0B
Q2 25
$3.4B
$12.0B
Q1 25
$3.8B
$13.1B
Q4 24
$4.1B
$12.9B
Q3 24
$3.4B
$12.0B
Q2 24
$3.3B
$11.4B
Q1 24
$3.3B
$10.9B
Debt / Equity
ANDE
ANDE
NFE
NFE
Q4 25
0.45×
44.78×
Q3 25
Q2 25
Q1 25
Q4 24
0.45×
4.74×
Q3 24
Q2 24
Q1 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
NFE
NFE
Operating Cash FlowLast quarter
$-6.2M
$-76.2M
Free Cash FlowOCF − Capex
$-77.1M
$-134.8M
FCF MarginFCF / Revenue
-23.4%
-41.3%
Capex IntensityCapex / Revenue
21.5%
18.0%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
NFE
NFE
Q4 25
$-6.2M
$-76.2M
Q3 25
$233.9M
$-171.0M
Q2 25
$299.3M
$-329.0M
Q1 25
$-350.0M
$-7.2M
Q4 24
$268.8M
$445.3M
Q3 24
$-2.1M
$-20.0M
Q2 24
$304.4M
$113.9M
Q1 24
$-239.6M
$63.0M
Free Cash Flow
ANDE
ANDE
NFE
NFE
Q4 25
$-77.1M
$-134.8M
Q3 25
$167.0M
$-231.6M
Q2 25
$250.5M
$-726.7M
Q1 25
$-396.6M
$-262.3M
Q4 24
$212.9M
$-210.3M
Q3 24
$-40.0M
$-367.0M
Q2 24
$275.8M
$-493.2M
Q1 24
$-266.4M
$-457.9M
FCF Margin
ANDE
ANDE
NFE
NFE
Q4 25
-23.4%
-41.3%
Q3 25
56.5%
-96.4%
Q2 25
46.8%
-318.6%
Q1 25
-106.9%
-68.2%
Q4 24
63.1%
-60.0%
Q3 24
-17.2%
-82.3%
Q2 24
56.0%
-169.3%
Q1 24
-78.0%
-75.1%
Capex Intensity
ANDE
ANDE
NFE
NFE
Q4 25
21.5%
18.0%
Q3 25
22.6%
25.2%
Q2 25
9.1%
174.4%
Q1 25
12.6%
66.3%
Q4 24
16.6%
187.0%
Q3 24
16.3%
77.8%
Q2 24
5.8%
208.4%
Q1 24
7.8%
85.5%
Cash Conversion
ANDE
ANDE
NFE
NFE
Q4 25
-0.09×
Q3 25
11.61×
Q2 25
38.10×
Q1 25
-1232.46×
Q4 24
5.96×
Q3 24
-0.08×
-2.15×
Q2 24
8.46×
Q1 24
-42.94×
1.16×

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%

NFE
NFE

Segment breakdown not available.

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