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

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $188.3M, roughly 1.7× BRC Group Holdings, Inc.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 20.5%, a 27.5% gap on every dollar of revenue. On growth, Andersons, Inc. posted the faster year-over-year revenue change (-2.4% vs -21.9%). Over the past eight quarters, Andersons, Inc.'s revenue compounded faster (-1.8% CAGR vs -15.4%).

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.

ANDE vs RILY — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.7× larger
ANDE
$329.5M
$188.3M
RILY
Growing faster (revenue YoY)
ANDE
ANDE
+19.5% gap
ANDE
-2.4%
-21.9%
RILY
Higher net margin
RILY
RILY
27.5% more per $
RILY
47.9%
20.5%
ANDE
Faster 2-yr revenue CAGR
ANDE
ANDE
Annualised
ANDE
-1.8%
-15.4%
RILY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
RILY
RILY
Revenue
$329.5M
$188.3M
Net Profit
$67.4M
$90.3M
Gross Margin
70.3%
79.5%
Operating Margin
26.6%
32.3%
Net Margin
20.5%
47.9%
Revenue YoY
-2.4%
-21.9%
Net Profit YoY
49.6%
1710.8%
EPS (diluted)
$2.78

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
RILY
RILY
Q4 25
$329.5M
$188.3M
Q3 25
$295.8M
$215.3M
Q2 25
$535.0M
$188.2M
Q1 25
$370.8M
$197.2M
Q4 24
$337.5M
$241.0M
Q3 24
$231.9M
$225.5M
Q2 24
$492.5M
$256.0M
Q1 24
$341.4M
$263.4M
Net Profit
ANDE
ANDE
RILY
RILY
Q4 25
$67.4M
$90.3M
Q3 25
$20.1M
$91.1M
Q2 25
$7.9M
$139.5M
Q1 25
$284.0K
$-10.0M
Q4 24
$45.1M
$-5.6M
Q3 24
$27.4M
$-284.4M
Q2 24
$36.0M
$-433.6M
Q1 24
$5.6M
$-49.2M
Gross Margin
ANDE
ANDE
RILY
RILY
Q4 25
70.3%
79.5%
Q3 25
57.8%
83.7%
Q2 25
29.6%
81.3%
Q1 25
41.2%
81.4%
Q4 24
63.1%
79.8%
Q3 24
76.4%
82.1%
Q2 24
35.6%
84.5%
Q1 24
37.6%
85.3%
Operating Margin
ANDE
ANDE
RILY
RILY
Q4 25
26.6%
32.3%
Q3 25
8.7%
30.4%
Q2 25
4.6%
5.7%
Q1 25
0.9%
-31.2%
Q4 24
19.9%
-69.2%
Q3 24
26.8%
-36.4%
Q2 24
11.6%
-90.8%
Q1 24
4.1%
-6.1%
Net Margin
ANDE
ANDE
RILY
RILY
Q4 25
20.5%
47.9%
Q3 25
6.8%
42.3%
Q2 25
1.5%
74.1%
Q1 25
0.1%
-5.1%
Q4 24
13.4%
-2.3%
Q3 24
11.8%
-126.1%
Q2 24
7.3%
-169.4%
Q1 24
1.6%
-18.7%
EPS (diluted)
ANDE
ANDE
RILY
RILY
Q4 25
$2.78
Q3 25
$0.59
$2.91
Q2 25
$0.23
$4.50
Q1 25
$0.01
$-0.39
Q4 24
$1.31
$-0.01
Q3 24
$0.80
$-9.39
Q2 24
$1.05
$-14.35
Q1 24
$0.16
$-1.71

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
RILY
RILY
Cash + ST InvestmentsLiquidity on hand
$98.3M
$226.6M
Total DebtLower is stronger
$560.0M
$1.4B
Stockholders' EquityBook value
$1.2B
$-171.5M
Total Assets
$3.7B
$1.7B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
RILY
RILY
Q4 25
$98.3M
$226.6M
Q3 25
$184.2M
Q2 25
$267.4M
Q1 25
$138.3M
Q4 24
$561.8M
$146.9M
Q3 24
$159.2M
Q2 24
$236.9M
Q1 24
$190.7M
Total Debt
ANDE
ANDE
RILY
RILY
Q4 25
$560.0M
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.4B
Q4 24
$608.2M
$1.5B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ANDE
ANDE
RILY
RILY
Q4 25
$1.2B
$-171.5M
Q3 25
$1.2B
$-260.5M
Q2 25
$1.4B
$-351.7M
Q1 25
$1.4B
$-496.8M
Q4 24
$1.4B
$-488.2M
Q3 24
$1.3B
$-497.6M
Q2 24
$1.3B
$-218.3M
Q1 24
$1.3B
$228.4M
Total Assets
ANDE
ANDE
RILY
RILY
Q4 25
$3.7B
$1.7B
Q3 25
$3.3B
$1.7B
Q2 25
$3.4B
$1.5B
Q1 25
$3.8B
$1.5B
Q4 24
$4.1B
$1.8B
Q3 24
$3.4B
$2.2B
Q2 24
$3.3B
$3.2B
Q1 24
$3.3B
$5.0B
Debt / Equity
ANDE
ANDE
RILY
RILY
Q4 25
0.45×
Q3 25
Q2 25
Q1 25
Q4 24
0.45×
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
RILY
RILY
Operating Cash FlowLast quarter
$-6.2M
$26.2M
Free Cash FlowOCF − Capex
$-77.1M
FCF MarginFCF / Revenue
-23.4%
Capex IntensityCapex / Revenue
21.5%
Cash ConversionOCF / Net Profit
-0.09×
0.29×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
RILY
RILY
Q4 25
$-6.2M
$26.2M
Q3 25
$233.9M
$-60.6M
Q2 25
$299.3M
$-25.6M
Q1 25
$-350.0M
$184.0K
Q4 24
$268.8M
$-2.7M
Q3 24
$-2.1M
$19.5M
Q2 24
$304.4M
$111.5M
Q1 24
$-239.6M
$135.4M
Free Cash Flow
ANDE
ANDE
RILY
RILY
Q4 25
$-77.1M
Q3 25
$167.0M
Q2 25
$250.5M
Q1 25
$-396.6M
Q4 24
$212.9M
Q3 24
$-40.0M
Q2 24
$275.8M
Q1 24
$-266.4M
FCF Margin
ANDE
ANDE
RILY
RILY
Q4 25
-23.4%
Q3 25
56.5%
Q2 25
46.8%
Q1 25
-106.9%
Q4 24
63.1%
Q3 24
-17.2%
Q2 24
56.0%
Q1 24
-78.0%
Capex Intensity
ANDE
ANDE
RILY
RILY
Q4 25
21.5%
Q3 25
22.6%
Q2 25
9.1%
Q1 25
12.6%
Q4 24
16.6%
Q3 24
16.3%
Q2 24
5.8%
Q1 24
7.8%
Cash Conversion
ANDE
ANDE
RILY
RILY
Q4 25
-0.09×
0.29×
Q3 25
11.61×
-0.66×
Q2 25
38.10×
-0.18×
Q1 25
-1232.46×
Q4 24
5.96×
Q3 24
-0.08×
Q2 24
8.46×
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%

RILY
RILY

Transferred At Point In Time$101.4M54%
Wealth Management Segment$30.7M16%
Corporate Finance Consulting And Investment Banking Fees$27.1M14%
Services And Fees$24.8M13%
Commissions Fees And Reimbursed Expenses$4.8M3%

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