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Side-by-side financial comparison of Andersons, Inc. (ANDE) and Simpson Manufacturing Co., Inc. (SSD). Click either name above to swap in a different company.

Simpson Manufacturing Co., Inc. is the larger business by last-quarter revenue ($588.0M vs $329.5M, roughly 1.8× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 15.0%, a 5.5% gap on every dollar of revenue. On growth, Simpson Manufacturing Co., Inc. posted the faster year-over-year revenue change (9.1% vs -2.4%). Over the past eight quarters, Simpson Manufacturing Co., Inc.'s revenue compounded faster (-0.8% 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.

Simpson Manufacturing Company is a leading building materials manufacturer in the United States that produces structural connectors, fasteners, anchors, and products for new construction and retrofitting.

ANDE vs SSD — Head-to-Head

Bigger by revenue
SSD
SSD
1.8× larger
SSD
$588.0M
$329.5M
ANDE
Growing faster (revenue YoY)
SSD
SSD
+11.5% gap
SSD
9.1%
-2.4%
ANDE
Higher net margin
ANDE
ANDE
5.5% more per $
ANDE
20.5%
15.0%
SSD
Faster 2-yr revenue CAGR
SSD
SSD
Annualised
SSD
-0.8%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ANDE
ANDE
SSD
SSD
Revenue
$329.5M
$588.0M
Net Profit
$67.4M
$88.2M
Gross Margin
70.3%
45.2%
Operating Margin
26.6%
19.5%
Net Margin
20.5%
15.0%
Revenue YoY
-2.4%
9.1%
Net Profit YoY
49.6%
13.3%
EPS (diluted)
$2.13

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
SSD
SSD
Q1 26
$588.0M
Q4 25
$329.5M
$539.3M
Q3 25
$295.8M
$623.5M
Q2 25
$535.0M
$631.1M
Q1 25
$370.8M
$538.9M
Q4 24
$337.5M
$517.4M
Q3 24
$231.9M
$587.2M
Q2 24
$492.5M
$597.0M
Net Profit
ANDE
ANDE
SSD
SSD
Q1 26
$88.2M
Q4 25
$67.4M
$56.2M
Q3 25
$20.1M
$107.4M
Q2 25
$7.9M
$103.5M
Q1 25
$284.0K
$77.9M
Q4 24
$45.1M
$55.4M
Q3 24
$27.4M
$93.5M
Q2 24
$36.0M
$97.8M
Gross Margin
ANDE
ANDE
SSD
SSD
Q1 26
45.2%
Q4 25
70.3%
43.4%
Q3 25
57.8%
46.4%
Q2 25
29.6%
46.7%
Q1 25
41.2%
46.8%
Q4 24
63.1%
44.0%
Q3 24
76.4%
46.8%
Q2 24
35.6%
46.7%
Operating Margin
ANDE
ANDE
SSD
SSD
Q1 26
19.5%
Q4 25
26.6%
13.9%
Q3 25
8.7%
22.6%
Q2 25
4.6%
22.2%
Q1 25
0.9%
19.0%
Q4 24
19.9%
14.8%
Q3 24
26.8%
21.3%
Q2 24
11.6%
22.1%
Net Margin
ANDE
ANDE
SSD
SSD
Q1 26
15.0%
Q4 25
20.5%
10.4%
Q3 25
6.8%
17.2%
Q2 25
1.5%
16.4%
Q1 25
0.1%
14.5%
Q4 24
13.4%
10.7%
Q3 24
11.8%
15.9%
Q2 24
7.3%
16.4%
EPS (diluted)
ANDE
ANDE
SSD
SSD
Q1 26
$2.13
Q4 25
$1.34
Q3 25
$0.59
$2.58
Q2 25
$0.23
$2.47
Q1 25
$0.01
$1.85
Q4 24
$1.31
$1.31
Q3 24
$0.80
$2.21
Q2 24
$1.05
$2.31

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
SSD
SSD
Cash + ST InvestmentsLiquidity on hand
$98.3M
$341.0M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$2.1B
Total Assets
$3.7B
$3.0B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
SSD
SSD
Q1 26
$341.0M
Q4 25
$98.3M
$384.1M
Q3 25
$297.3M
Q2 25
$190.4M
Q1 25
$150.3M
Q4 24
$561.8M
$239.4M
Q3 24
$339.4M
Q2 24
$354.9M
Total Debt
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
$560.0M
$300.0M
Q3 25
$371.3M
Q2 25
$376.9M
Q1 25
$382.5M
Q4 24
$608.2M
$388.1M
Q3 24
$393.8M
Q2 24
$399.4M
Stockholders' Equity
ANDE
ANDE
SSD
SSD
Q1 26
$2.1B
Q4 25
$1.2B
$2.0B
Q3 25
$1.2B
$2.0B
Q2 25
$1.4B
$1.9B
Q1 25
$1.4B
$1.9B
Q4 24
$1.4B
$1.8B
Q3 24
$1.3B
$1.9B
Q2 24
$1.3B
$1.8B
Total Assets
ANDE
ANDE
SSD
SSD
Q1 26
$3.0B
Q4 25
$3.7B
$3.1B
Q3 25
$3.3B
$3.0B
Q2 25
$3.4B
$3.0B
Q1 25
$3.8B
$2.8B
Q4 24
$4.1B
$2.7B
Q3 24
$3.4B
$2.9B
Q2 24
$3.3B
$2.8B
Debt / Equity
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
0.45×
0.15×
Q3 25
0.19×
Q2 25
0.20×
Q1 25
0.21×
Q4 24
0.45×
0.21×
Q3 24
0.21×
Q2 24
0.23×

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
SSD
SSD
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
SSD
SSD
Q1 26
Q4 25
$-6.2M
$155.7M
Q3 25
$233.9M
$170.2M
Q2 25
$299.3M
$125.2M
Q1 25
$-350.0M
$7.6M
Q4 24
$268.8M
$115.8M
Q3 24
$-2.1M
$103.3M
Q2 24
$304.4M
$111.1M
Free Cash Flow
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
$-77.1M
$119.0M
Q3 25
$167.0M
$133.9M
Q2 25
$250.5M
$87.3M
Q1 25
$-396.6M
$-42.6M
Q4 24
$212.9M
$60.3M
Q3 24
$-40.0M
$58.1M
Q2 24
$275.8M
$70.9M
FCF Margin
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
-23.4%
22.1%
Q3 25
56.5%
21.5%
Q2 25
46.8%
13.8%
Q1 25
-106.9%
-7.9%
Q4 24
63.1%
11.7%
Q3 24
-17.2%
9.9%
Q2 24
56.0%
11.9%
Capex Intensity
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
21.5%
6.8%
Q3 25
22.6%
5.8%
Q2 25
9.1%
6.0%
Q1 25
12.6%
9.3%
Q4 24
16.6%
10.7%
Q3 24
16.3%
7.7%
Q2 24
5.8%
6.7%
Cash Conversion
ANDE
ANDE
SSD
SSD
Q1 26
Q4 25
-0.09×
2.77×
Q3 25
11.61×
1.58×
Q2 25
38.10×
1.21×
Q1 25
-1232.46×
0.10×
Q4 24
5.96×
2.09×
Q3 24
-0.08×
1.10×
Q2 24
8.46×
1.14×

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%

SSD
SSD

Segment breakdown not available.

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