vs
Side-by-side financial comparison of Andersons, Inc. (ANDE) and RADIANT LOGISTICS, INC (RLGT). Click either name above to swap in a different company.
Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $232.1M, roughly 1.4× RADIANT LOGISTICS, INC). Andersons, Inc. runs the higher net margin — 20.5% vs 2.3%, a 18.2% gap on every dollar of revenue. On growth, Andersons, Inc. posted the faster year-over-year revenue change (-2.4% vs -12.3%). RADIANT LOGISTICS, INC produced more free cash flow last quarter ($11.6M vs $-77.1M). Over the past eight quarters, RADIANT LOGISTICS, INC's revenue compounded faster (12.1% 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.
Radiant Logistics, Inc. is a leading third-party logistics provider offering end-to-end supply chain solutions, domestic and international freight forwarding, warehousing, and last-mile delivery services. It primarily serves North American markets, with key client segments including retail, manufacturing, e-commerce, and industrial sectors, helping businesses optimize logistics workflows and cut operational costs.
ANDE vs RLGT — Head-to-Head
Income Statement — Q4 FY2025 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $232.1M |
| Net Profit | $67.4M | $5.3M |
| Gross Margin | 70.3% | — |
| Operating Margin | 26.6% | 3.2% |
| Net Margin | 20.5% | 2.3% |
| Revenue YoY | -2.4% | -12.3% |
| Net Profit YoY | 49.6% | -18.0% |
| EPS (diluted) | — | $0.11 |
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.
| Q4 25 | $329.5M | $232.1M | ||
| Q3 25 | $295.8M | $226.7M | ||
| Q2 25 | $535.0M | $220.6M | ||
| Q1 25 | $370.8M | $214.0M | ||
| Q4 24 | $337.5M | $264.5M | ||
| Q3 24 | $231.9M | $203.6M | ||
| Q2 24 | $492.5M | $206.0M | ||
| Q1 24 | $341.4M | $184.6M |
| Q4 25 | $67.4M | $5.3M | ||
| Q3 25 | $20.1M | $1.3M | ||
| Q2 25 | $7.9M | $4.9M | ||
| Q1 25 | $284.0K | $2.5M | ||
| Q4 24 | $45.1M | $6.5M | ||
| Q3 24 | $27.4M | $3.4M | ||
| Q2 24 | $36.0M | $4.8M | ||
| Q1 24 | $5.6M | $-703.0K |
| 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% | — | ||
| Q1 24 | 37.6% | — |
| Q4 25 | 26.6% | 3.2% | ||
| Q3 25 | 8.7% | 0.9% | ||
| Q2 25 | 4.6% | 2.4% | ||
| Q1 25 | 0.9% | 1.6% | ||
| Q4 24 | 19.9% | 3.3% | ||
| Q3 24 | 26.8% | 1.9% | ||
| Q2 24 | 11.6% | 2.4% | ||
| Q1 24 | 4.1% | -0.5% |
| Q4 25 | 20.5% | 2.3% | ||
| Q3 25 | 6.8% | 0.6% | ||
| Q2 25 | 1.5% | 2.2% | ||
| Q1 25 | 0.1% | 1.2% | ||
| Q4 24 | 13.4% | 2.4% | ||
| Q3 24 | 11.8% | 1.7% | ||
| Q2 24 | 7.3% | 2.3% | ||
| Q1 24 | 1.6% | -0.4% |
| Q4 25 | — | $0.11 | ||
| Q3 25 | $0.59 | $0.03 | ||
| Q2 25 | $0.23 | $0.10 | ||
| Q1 25 | $0.01 | $0.05 | ||
| Q4 24 | $1.31 | $0.13 | ||
| Q3 24 | $0.80 | $0.07 | ||
| Q2 24 | $1.05 | $0.11 | ||
| Q1 24 | $0.16 | $-0.02 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $98.3M | $31.9M |
| Total DebtLower is stronger | $560.0M | — |
| Stockholders' EquityBook value | $1.2B | $229.8M |
| Total Assets | $3.7B | $439.4M |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $31.9M | ||
| Q3 25 | — | $28.1M | ||
| Q2 25 | — | $22.9M | ||
| Q1 25 | — | $19.0M | ||
| Q4 24 | $561.8M | $19.9M | ||
| Q3 24 | — | $10.4M | ||
| Q2 24 | — | $24.9M | ||
| Q1 24 | — | $31.2M |
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $229.8M | ||
| Q3 25 | $1.2B | $225.7M | ||
| Q2 25 | $1.4B | $226.0M | ||
| Q1 25 | $1.4B | $218.2M | ||
| Q4 24 | $1.4B | $214.4M | ||
| Q3 24 | $1.3B | $212.4M | ||
| Q2 24 | $1.3B | $209.4M | ||
| Q1 24 | $1.3B | $206.0M |
| Q4 25 | $3.7B | $439.4M | ||
| Q3 25 | $3.3B | $445.3M | ||
| Q2 25 | $3.4B | $426.8M | ||
| Q1 25 | $3.8B | $414.5M | ||
| Q4 24 | $4.1B | $386.8M | ||
| Q3 24 | $3.4B | $375.3M | ||
| Q2 24 | $3.3B | $371.2M | ||
| Q1 24 | $3.3B | $364.0M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-6.2M | $12.4M |
| Free Cash FlowOCF − Capex | $-77.1M | $11.6M |
| FCF MarginFCF / Revenue | -23.4% | 5.0% |
| Capex IntensityCapex / Revenue | 21.5% | 0.3% |
| Cash ConversionOCF / Net Profit | -0.09× | 2.33× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $8.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $12.4M | ||
| Q3 25 | $233.9M | $2.5M | ||
| Q2 25 | $299.3M | $3.1M | ||
| Q1 25 | $-350.0M | $-5.7M | ||
| Q4 24 | $268.8M | $15.7M | ||
| Q3 24 | $-2.1M | $205.0K | ||
| Q2 24 | $304.4M | $1.3M | ||
| Q1 24 | $-239.6M | $3.9M |
| Q4 25 | $-77.1M | $11.6M | ||
| Q3 25 | $167.0M | $977.0K | ||
| Q2 25 | $250.5M | $2.2M | ||
| Q1 25 | $-396.6M | $-6.4M | ||
| Q4 24 | $212.9M | $14.1M | ||
| Q3 24 | $-40.0M | $-1.9M | ||
| Q2 24 | $275.8M | $-185.0K | ||
| Q1 24 | $-266.4M | $1.8M |
| Q4 25 | -23.4% | 5.0% | ||
| Q3 25 | 56.5% | 0.4% | ||
| Q2 25 | 46.8% | 1.0% | ||
| Q1 25 | -106.9% | -3.0% | ||
| Q4 24 | 63.1% | 5.3% | ||
| Q3 24 | -17.2% | -0.9% | ||
| Q2 24 | 56.0% | -0.1% | ||
| Q1 24 | -78.0% | 1.0% |
| Q4 25 | 21.5% | 0.3% | ||
| Q3 25 | 22.6% | 0.7% | ||
| Q2 25 | 9.1% | 0.4% | ||
| Q1 25 | 12.6% | 0.3% | ||
| Q4 24 | 16.6% | 0.6% | ||
| Q3 24 | 16.3% | 1.0% | ||
| Q2 24 | 5.8% | 0.7% | ||
| Q1 24 | 7.8% | 1.2% |
| Q4 25 | -0.09× | 2.33× | ||
| Q3 25 | 11.61× | 1.90× | ||
| Q2 25 | 38.10× | 0.63× | ||
| Q1 25 | -1232.46× | -2.26× | ||
| Q4 24 | 5.96× | 2.43× | ||
| Q3 24 | -0.08× | 0.06× | ||
| Q2 24 | 8.46× | 0.26× | ||
| Q1 24 | -42.94× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ANDE
| Specialty And Primary Nutrients | $137.1M | 42% |
| Premium Ingredients | $66.1M | 20% |
| Segment Reporting Reconciling Item Other | $63.2M | 19% |
| Other | $63.1M | 19% |
RLGT
| Transferred Over Time | $201.2M | 87% |
| Other | $25.0M | 11% |
| Value Added Services | $4.2M | 2% |
| Transferred At Point In Time | $1.8M | 1% |
