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

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $216.3M, roughly 1.5× Orion Group Holdings Inc). Andersons, Inc. runs the higher net margin — 20.5% vs 2.2%, a 18.3% gap on every dollar of revenue. On growth, Orion Group Holdings Inc posted the faster year-over-year revenue change (14.6% vs -2.4%). Over the past eight quarters, Orion Group Holdings Inc's revenue compounded faster (6.1% 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.

Orion Corporation, founded in 1917 and headquartered at Espoo, Finland, is a globally operating Finnish company which develops, manufactures and markets human and veterinary pharmaceuticals and active pharmaceutical ingredients for global markets. All of the company's manufacturing sites and the majority of its R&D units are in Finland.

ANDE vs ORN — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.5× larger
ANDE
$329.5M
$216.3M
ORN
Growing faster (revenue YoY)
ORN
ORN
+17.0% gap
ORN
14.6%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
18.3% more per $
ANDE
20.5%
2.2%
ORN
Faster 2-yr revenue CAGR
ORN
ORN
Annualised
ORN
6.1%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ANDE
ANDE
ORN
ORN
Revenue
$329.5M
$216.3M
Net Profit
$67.4M
$4.7M
Gross Margin
70.3%
12.0%
Operating Margin
26.6%
Net Margin
20.5%
2.2%
Revenue YoY
-2.4%
14.6%
Net Profit YoY
49.6%
435.7%
EPS (diluted)
$0.12

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
ORN
ORN
Q1 26
$216.3M
Q4 25
$329.5M
$233.2M
Q3 25
$295.8M
$225.1M
Q2 25
$535.0M
$205.3M
Q1 25
$370.8M
$188.7M
Q4 24
$337.5M
$216.9M
Q3 24
$231.9M
$226.7M
Q2 24
$492.5M
$192.2M
Net Profit
ANDE
ANDE
ORN
ORN
Q1 26
$4.7M
Q4 25
$67.4M
$-240.0K
Q3 25
$20.1M
$3.3M
Q2 25
$7.9M
$841.0K
Q1 25
$284.0K
$-1.4M
Q4 24
$45.1M
$6.8M
Q3 24
$27.4M
$4.3M
Q2 24
$36.0M
$-6.6M
Gross Margin
ANDE
ANDE
ORN
ORN
Q1 26
12.0%
Q4 25
70.3%
11.6%
Q3 25
57.8%
13.2%
Q2 25
29.6%
12.6%
Q1 25
41.2%
12.2%
Q4 24
63.1%
14.0%
Q3 24
76.4%
11.9%
Q2 24
35.6%
9.5%
Operating Margin
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
26.6%
2.2%
Q3 25
8.7%
2.4%
Q2 25
4.6%
1.7%
Q1 25
0.9%
0.4%
Q4 24
19.9%
4.4%
Q3 24
26.8%
3.4%
Q2 24
11.6%
-1.4%
Net Margin
ANDE
ANDE
ORN
ORN
Q1 26
2.2%
Q4 25
20.5%
-0.1%
Q3 25
6.8%
1.5%
Q2 25
1.5%
0.4%
Q1 25
0.1%
-0.7%
Q4 24
13.4%
3.1%
Q3 24
11.8%
1.9%
Q2 24
7.3%
-3.4%
EPS (diluted)
ANDE
ANDE
ORN
ORN
Q1 26
$0.12
Q4 25
$-0.00
Q3 25
$0.59
$0.08
Q2 25
$0.23
$0.02
Q1 25
$0.01
$-0.04
Q4 24
$1.31
$0.22
Q3 24
$0.80
$0.12
Q2 24
$1.05
$-0.20

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
ORN
ORN
Cash + ST InvestmentsLiquidity on hand
$98.3M
$6.3M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$166.7M
Total Assets
$3.7B
$478.7M
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
ORN
ORN
Q1 26
$6.3M
Q4 25
$98.3M
$1.6M
Q3 25
$4.9M
Q2 25
$1.7M
Q1 25
$13.0M
Q4 24
$561.8M
$28.3M
Q3 24
$28.3M
Q2 24
$4.8M
Total Debt
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
$560.0M
Q3 25
Q2 25
$33.4M
Q1 25
$23.3M
Q4 24
$608.2M
$23.2M
Q3 24
$28.0M
Q2 24
$60.3M
Stockholders' Equity
ANDE
ANDE
ORN
ORN
Q1 26
$166.7M
Q4 25
$1.2B
$159.0M
Q3 25
$1.2B
$157.9M
Q2 25
$1.4B
$153.2M
Q1 25
$1.4B
$150.8M
Q4 24
$1.4B
$150.7M
Q3 24
$1.3B
$142.4M
Q2 24
$1.3B
$111.1M
Total Assets
ANDE
ANDE
ORN
ORN
Q1 26
$478.7M
Q4 25
$3.7B
$414.7M
Q3 25
$3.3B
$422.4M
Q2 25
$3.4B
$432.7M
Q1 25
$3.8B
$416.3M
Q4 24
$4.1B
$417.3M
Q3 24
$3.4B
$430.3M
Q2 24
$3.3B
$414.0M
Debt / Equity
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
0.45×
Q3 25
Q2 25
0.22×
Q1 25
0.15×
Q4 24
0.45×
0.15×
Q3 24
0.20×
Q2 24
0.54×

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
ORN
ORN
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
ORN
ORN
Q1 26
Q4 25
$-6.2M
$13.8M
Q3 25
$233.9M
$23.3M
Q2 25
$299.3M
$-5.6M
Q1 25
$-350.0M
$-3.4M
Q4 24
$268.8M
$13.4M
Q3 24
$-2.1M
$37.5M
Q2 24
$304.4M
$-15.3M
Free Cash Flow
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
$-77.1M
$454.0K
Q3 25
$167.0M
$13.9M
Q2 25
$250.5M
$-12.7M
Q1 25
$-396.6M
$-12.5M
Q4 24
$212.9M
$9.9M
Q3 24
$-40.0M
$33.3M
Q2 24
$275.8M
$-20.0M
FCF Margin
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
-23.4%
0.2%
Q3 25
56.5%
6.2%
Q2 25
46.8%
-6.2%
Q1 25
-106.9%
-6.6%
Q4 24
63.1%
4.6%
Q3 24
-17.2%
14.7%
Q2 24
56.0%
-10.4%
Capex Intensity
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
21.5%
5.7%
Q3 25
22.6%
4.2%
Q2 25
9.1%
3.5%
Q1 25
12.6%
4.8%
Q4 24
16.6%
1.6%
Q3 24
16.3%
1.8%
Q2 24
5.8%
2.4%
Cash Conversion
ANDE
ANDE
ORN
ORN
Q1 26
Q4 25
-0.09×
Q3 25
11.61×
7.05×
Q2 25
38.10×
-6.61×
Q1 25
-1232.46×
Q4 24
5.96×
1.98×
Q3 24
-0.08×
8.79×
Q2 24
8.46×

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%

ORN
ORN

Segment breakdown not available.

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