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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Smith Douglas Homes Corp. (SDHC). Click either name above to swap in a different company.
Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $260.4M, roughly 1.3× Smith Douglas Homes Corp.). Andersons, Inc. runs the higher net margin — 20.5% vs 1.4%, a 19.1% gap on every dollar of revenue. On growth, Andersons, Inc. posted the faster year-over-year revenue change (-2.4% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-77.1M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
ANDE vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $260.4M |
| Net Profit | $67.4M | $3.5M |
| Gross Margin | 70.3% | 19.9% |
| Operating Margin | 26.6% | 6.5% |
| Net Margin | 20.5% | 1.4% |
| Revenue YoY | -2.4% | -9.4% |
| Net Profit YoY | 49.6% | -14.3% |
| EPS (diluted) | — | $0.39 |
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 | $260.4M | ||
| Q3 25 | $295.8M | $262.0M | ||
| Q2 25 | $535.0M | $223.9M | ||
| Q1 25 | $370.8M | $224.7M | ||
| Q4 24 | $337.5M | $287.5M | ||
| Q3 24 | $231.9M | $277.8M | ||
| Q2 24 | $492.5M | $220.9M | ||
| Q1 24 | $341.4M | $189.2M |
| Q4 25 | $67.4M | $3.5M | ||
| Q3 25 | $20.1M | $2.1M | ||
| Q2 25 | $7.9M | $2.4M | ||
| Q1 25 | $284.0K | $2.7M | ||
| Q4 24 | $45.1M | $4.1M | ||
| Q3 24 | $27.4M | $5.3M | ||
| Q2 24 | $36.0M | $3.6M | ||
| Q1 24 | $5.6M | $3.0M |
| Q4 25 | 70.3% | 19.9% | ||
| Q3 25 | 57.8% | 21.0% | ||
| Q2 25 | 29.6% | 23.2% | ||
| Q1 25 | 41.2% | 23.8% | ||
| Q4 24 | 63.1% | 25.5% | ||
| Q3 24 | 76.4% | 26.5% | ||
| Q2 24 | 35.6% | 26.7% | ||
| Q1 24 | 37.6% | 26.1% |
| Q4 25 | 26.6% | 6.5% | ||
| Q3 25 | 8.7% | 6.6% | ||
| Q2 25 | 4.6% | 7.7% | ||
| Q1 25 | 0.9% | 8.7% | ||
| Q4 24 | 19.9% | 10.4% | ||
| Q3 24 | 26.8% | 14.2% | ||
| Q2 24 | 11.6% | 11.7% | ||
| Q1 24 | 4.1% | 11.3% |
| Q4 25 | 20.5% | 1.4% | ||
| Q3 25 | 6.8% | 0.8% | ||
| Q2 25 | 1.5% | 1.1% | ||
| Q1 25 | 0.1% | 1.2% | ||
| Q4 24 | 13.4% | 1.4% | ||
| Q3 24 | 11.8% | 1.9% | ||
| Q2 24 | 7.3% | 1.7% | ||
| Q1 24 | 1.6% | 1.6% |
| Q4 25 | — | $0.39 | ||
| Q3 25 | $0.59 | $0.24 | ||
| Q2 25 | $0.23 | $0.26 | ||
| Q1 25 | $0.01 | $0.30 | ||
| Q4 24 | $1.31 | $0.50 | ||
| Q3 24 | $0.80 | $0.58 | ||
| Q2 24 | $1.05 | $0.40 | ||
| Q1 24 | $0.16 | $0.33 |
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 | $12.7M |
| Total DebtLower is stronger | $560.0M | — |
| Stockholders' EquityBook value | $1.2B | $86.7M |
| Total Assets | $3.7B | $557.6M |
| Debt / EquityLower = less leverage | 0.45× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $12.7M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | — | $16.8M | ||
| Q1 25 | — | $12.7M | ||
| Q4 24 | $561.8M | $22.4M | ||
| Q3 24 | — | $23.7M | ||
| Q2 24 | — | $17.3M | ||
| Q1 24 | — | $32.8M |
| Q4 25 | $560.0M | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $608.2M | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $1.2B | $86.7M | ||
| Q3 25 | $1.2B | $82.2M | ||
| Q2 25 | $1.4B | $80.0M | ||
| Q1 25 | $1.4B | $76.9M | ||
| Q4 24 | $1.4B | $73.6M | ||
| Q3 24 | $1.3B | $68.4M | ||
| Q2 24 | $1.3B | $62.1M | ||
| Q1 24 | $1.3B | $59.7M |
| Q4 25 | $3.7B | $557.6M | ||
| Q3 25 | $3.3B | $571.6M | ||
| Q2 25 | $3.4B | $570.2M | ||
| Q1 25 | $3.8B | $513.9M | ||
| Q4 24 | $4.1B | $475.9M | ||
| Q3 24 | $3.4B | $460.1M | ||
| Q2 24 | $3.3B | $429.3M | ||
| Q1 24 | $3.3B | $401.3M |
| 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 | $9.8M |
| Free Cash FlowOCF − Capex | $-77.1M | $8.7M |
| FCF MarginFCF / Revenue | -23.4% | 3.4% |
| Capex IntensityCapex / Revenue | 21.5% | 0.4% |
| Cash ConversionOCF / Net Profit | -0.09× | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $9.8M | ||
| Q3 25 | $233.9M | $22.8M | ||
| Q2 25 | $299.3M | $-28.9M | ||
| Q1 25 | $-350.0M | $-34.9M | ||
| Q4 24 | $268.8M | $5.5M | ||
| Q3 24 | $-2.1M | $22.9M | ||
| Q2 24 | $304.4M | $39.0K | ||
| Q1 24 | $-239.6M | $-9.3M |
| Q4 25 | $-77.1M | $8.7M | ||
| Q3 25 | $167.0M | $21.4M | ||
| Q2 25 | $250.5M | $-31.1M | ||
| Q1 25 | $-396.6M | $-35.9M | ||
| Q4 24 | $212.9M | $4.8M | ||
| Q3 24 | $-40.0M | $22.3M | ||
| Q2 24 | $275.8M | $-2.1M | ||
| Q1 24 | $-266.4M | $-9.7M |
| Q4 25 | -23.4% | 3.4% | ||
| Q3 25 | 56.5% | 8.2% | ||
| Q2 25 | 46.8% | -13.9% | ||
| Q1 25 | -106.9% | -16.0% | ||
| Q4 24 | 63.1% | 1.7% | ||
| Q3 24 | -17.2% | 8.0% | ||
| Q2 24 | 56.0% | -1.0% | ||
| Q1 24 | -78.0% | -5.1% |
| Q4 25 | 21.5% | 0.4% | ||
| Q3 25 | 22.6% | 0.5% | ||
| Q2 25 | 9.1% | 0.9% | ||
| Q1 25 | 12.6% | 0.5% | ||
| Q4 24 | 16.6% | 0.2% | ||
| Q3 24 | 16.3% | 0.2% | ||
| Q2 24 | 5.8% | 1.0% | ||
| Q1 24 | 7.8% | 0.2% |
| Q4 25 | -0.09× | 2.77× | ||
| Q3 25 | 11.61× | 10.70× | ||
| Q2 25 | 38.10× | -12.24× | ||
| Q1 25 | -1232.46× | -13.01× | ||
| Q4 24 | 5.96× | 1.33× | ||
| Q3 24 | -0.08× | 4.28× | ||
| Q2 24 | 8.46× | 0.01× | ||
| Q1 24 | -42.94× | -3.12× |
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% |
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
