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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Sun Country Airlines Holdings, Inc. (SNCY). Click either name above to swap in a different company.

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $281.0M, roughly 1.2× Sun Country Airlines Holdings, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 2.9%, a 17.6% gap on every dollar of revenue. On growth, Sun Country Airlines Holdings, Inc. posted the faster year-over-year revenue change (7.9% vs -2.4%). Sun Country Airlines Holdings, Inc. produced more free cash flow last quarter ($34.9M vs $-77.1M). Over the past eight quarters, Andersons, Inc.'s revenue compounded faster (-1.8% CAGR vs -5.0%).

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.

Frontier Airlines, Inc. is a major American ultra low-cost airline headquartered in Denver, Colorado. It operates flights to over 120 destinations in the United States, the Caribbean, Mexico and Central America, and employs more than 5,000 staff. The carrier is a publicly traded company and maintains bases at Denver International Airport, Orlando International Airport, and eleven other cities across the contiguous United States and Puerto Rico.

ANDE vs SNCY — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.2× larger
ANDE
$329.5M
$281.0M
SNCY
Growing faster (revenue YoY)
SNCY
SNCY
+10.3% gap
SNCY
7.9%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
17.6% more per $
ANDE
20.5%
2.9%
SNCY
More free cash flow
SNCY
SNCY
$112.0M more FCF
SNCY
$34.9M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
ANDE
ANDE
Annualised
ANDE
-1.8%
-5.0%
SNCY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
SNCY
SNCY
Revenue
$329.5M
$281.0M
Net Profit
$67.4M
$8.1M
Gross Margin
70.3%
Operating Margin
26.6%
6.5%
Net Margin
20.5%
2.9%
Revenue YoY
-2.4%
7.9%
Net Profit YoY
49.6%
-39.4%
EPS (diluted)
$0.15

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
SNCY
SNCY
Q4 25
$329.5M
$281.0M
Q3 25
$295.8M
$255.5M
Q2 25
$535.0M
$263.6M
Q1 25
$370.8M
$326.6M
Q4 24
$337.5M
$260.4M
Q3 24
$231.9M
$249.5M
Q2 24
$492.5M
$254.4M
Q1 24
$341.4M
$311.5M
Net Profit
ANDE
ANDE
SNCY
SNCY
Q4 25
$67.4M
$8.1M
Q3 25
$20.1M
$1.6M
Q2 25
$7.9M
$6.6M
Q1 25
$284.0K
$36.5M
Q4 24
$45.1M
$13.4M
Q3 24
$27.4M
$2.3M
Q2 24
$36.0M
$1.8M
Q1 24
$5.6M
$35.3M
Gross Margin
ANDE
ANDE
SNCY
SNCY
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%
Operating Margin
ANDE
ANDE
SNCY
SNCY
Q4 25
26.6%
6.5%
Q3 25
8.7%
3.9%
Q2 25
4.6%
6.2%
Q1 25
0.9%
17.2%
Q4 24
19.9%
10.0%
Q3 24
26.8%
5.0%
Q2 24
11.6%
4.9%
Q1 24
4.1%
17.7%
Net Margin
ANDE
ANDE
SNCY
SNCY
Q4 25
20.5%
2.9%
Q3 25
6.8%
0.6%
Q2 25
1.5%
2.5%
Q1 25
0.1%
11.2%
Q4 24
13.4%
5.2%
Q3 24
11.8%
0.9%
Q2 24
7.3%
0.7%
Q1 24
1.6%
11.3%
EPS (diluted)
ANDE
ANDE
SNCY
SNCY
Q4 25
$0.15
Q3 25
$0.59
$0.03
Q2 25
$0.23
$0.12
Q1 25
$0.01
$0.66
Q4 24
$1.31
$0.25
Q3 24
$0.80
$0.04
Q2 24
$1.05
$0.03
Q1 24
$0.16
$0.64

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
SNCY
SNCY
Cash + ST InvestmentsLiquidity on hand
$98.3M
$234.3M
Total DebtLower is stronger
$560.0M
$323.3M
Stockholders' EquityBook value
$1.2B
$625.2M
Total Assets
$3.7B
$1.7B
Debt / EquityLower = less leverage
0.45×
0.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
SNCY
SNCY
Q4 25
$98.3M
$234.3M
Q3 25
$176.2M
Q2 25
$138.3M
Q1 25
$158.8M
Q4 24
$561.8M
$187.3M
Q3 24
$146.5M
Q2 24
$135.2M
Q1 24
$161.2M
Total Debt
ANDE
ANDE
SNCY
SNCY
Q4 25
$560.0M
$323.3M
Q3 25
$301.3M
Q2 25
$282.1M
Q1 25
$312.6M
Q4 24
$608.2M
$327.1M
Q3 24
$351.8M
Q2 24
$365.5M
Q1 24
$388.1M
Stockholders' Equity
ANDE
ANDE
SNCY
SNCY
Q4 25
$1.2B
$625.2M
Q3 25
$1.2B
$610.2M
Q2 25
$1.4B
$613.0M
Q1 25
$1.4B
$603.0M
Q4 24
$1.4B
$570.4M
Q3 24
$1.3B
$552.5M
Q2 24
$1.3B
$546.9M
Q1 24
$1.3B
$541.0M
Total Assets
ANDE
ANDE
SNCY
SNCY
Q4 25
$3.7B
$1.7B
Q3 25
$3.3B
$1.6B
Q2 25
$3.4B
$1.6B
Q1 25
$3.8B
$1.6B
Q4 24
$4.1B
$1.6B
Q3 24
$3.4B
$1.6B
Q2 24
$3.3B
$1.6B
Q1 24
$3.3B
$1.6B
Debt / Equity
ANDE
ANDE
SNCY
SNCY
Q4 25
0.45×
0.52×
Q3 25
0.49×
Q2 25
0.46×
Q1 25
0.52×
Q4 24
0.45×
0.57×
Q3 24
0.64×
Q2 24
0.67×
Q1 24
0.72×

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
SNCY
SNCY
Operating Cash FlowLast quarter
$-6.2M
$78.9M
Free Cash FlowOCF − Capex
$-77.1M
$34.9M
FCF MarginFCF / Revenue
-23.4%
12.4%
Capex IntensityCapex / Revenue
21.5%
15.7%
Cash ConversionOCF / Net Profit
-0.09×
9.69×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$84.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
SNCY
SNCY
Q4 25
$-6.2M
$78.9M
Q3 25
$233.9M
$41.9M
Q2 25
$299.3M
$19.8M
Q1 25
$-350.0M
$16.4M
Q4 24
$268.8M
$90.6M
Q3 24
$-2.1M
$35.4M
Q2 24
$304.4M
$8.2M
Q1 24
$-239.6M
$30.7M
Free Cash Flow
ANDE
ANDE
SNCY
SNCY
Q4 25
$-77.1M
$34.9M
Q3 25
$167.0M
$34.0M
Q2 25
$250.5M
$14.0M
Q1 25
$-396.6M
$1.0M
Q4 24
$212.9M
$85.8M
Q3 24
$-40.0M
$31.0M
Q2 24
$275.8M
$-382.0K
Q1 24
$-266.4M
$1.0M
FCF Margin
ANDE
ANDE
SNCY
SNCY
Q4 25
-23.4%
12.4%
Q3 25
56.5%
13.3%
Q2 25
46.8%
5.3%
Q1 25
-106.9%
0.3%
Q4 24
63.1%
33.0%
Q3 24
-17.2%
12.4%
Q2 24
56.0%
-0.2%
Q1 24
-78.0%
0.3%
Capex Intensity
ANDE
ANDE
SNCY
SNCY
Q4 25
21.5%
15.7%
Q3 25
22.6%
3.1%
Q2 25
9.1%
2.2%
Q1 25
12.6%
4.7%
Q4 24
16.6%
1.8%
Q3 24
16.3%
1.8%
Q2 24
5.8%
3.4%
Q1 24
7.8%
9.5%
Cash Conversion
ANDE
ANDE
SNCY
SNCY
Q4 25
-0.09×
9.69×
Q3 25
11.61×
27.03×
Q2 25
38.10×
3.01×
Q1 25
-1232.46×
0.45×
Q4 24
5.96×
6.74×
Q3 24
-0.08×
15.13×
Q2 24
8.46×
4.50×
Q1 24
-42.94×
0.87×

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%

SNCY
SNCY

Scheduled Service$95.6M34%
Ancillary$69.3M25%
Charter Service$56.6M20%
Cargo And Freight$48.0M17%
Service Other$11.4M4%

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