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Side-by-side financial comparison of Andersons, Inc. (ANDE) and T1 Energy Inc. (TE). Click either name above to swap in a different company.

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $210.5M, roughly 1.6× T1 Energy Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs -62.0%, a 82.5% gap on every dollar of revenue. T1 Energy Inc. produced more free cash flow last quarter ($55.0M vs $-77.1M).

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.

Sony Energy Devices Corporation , is a Japanese multinational company specializing in a variety of areas in the energy industry, and is a wholly owned subsidiary and part of the Devices Group of Sony. The company was established in February 1975 in Fukushima, Japan.

ANDE vs TE — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.6× larger
ANDE
$329.5M
$210.5M
TE
Higher net margin
ANDE
ANDE
82.5% more per $
ANDE
20.5%
-62.0%
TE
More free cash flow
TE
TE
$132.1M more FCF
TE
$55.0M
$-77.1M
ANDE

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ANDE
ANDE
TE
TE
Revenue
$329.5M
$210.5M
Net Profit
$67.4M
$-130.6M
Gross Margin
70.3%
10.0%
Operating Margin
26.6%
-45.0%
Net Margin
20.5%
-62.0%
Revenue YoY
-2.4%
Net Profit YoY
49.6%
-375.2%
EPS (diluted)
$-0.87

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
TE
TE
Q4 25
$329.5M
Q3 25
$295.8M
$210.5M
Q2 25
$535.0M
$132.8M
Q1 25
$370.8M
$53.5M
Q4 24
$337.5M
Q3 24
$231.9M
$0
Q2 24
$492.5M
$0
Q1 24
$341.4M
$0
Net Profit
ANDE
ANDE
TE
TE
Q4 25
$67.4M
Q3 25
$20.1M
$-130.6M
Q2 25
$7.9M
$-31.9M
Q1 25
$284.0K
$-16.2M
Q4 24
$45.1M
Q3 24
$27.4M
$-27.5M
Q2 24
$36.0M
$-27.0M
Q1 24
$5.6M
$-28.5M
Gross Margin
ANDE
ANDE
TE
TE
Q4 25
70.3%
Q3 25
57.8%
10.0%
Q2 25
29.6%
24.7%
Q1 25
41.2%
33.3%
Q4 24
63.1%
Q3 24
76.4%
Q2 24
35.6%
Q1 24
37.6%
Operating Margin
ANDE
ANDE
TE
TE
Q4 25
26.6%
Q3 25
8.7%
-45.0%
Q2 25
4.6%
-22.0%
Q1 25
0.9%
-44.2%
Q4 24
19.9%
Q3 24
26.8%
Q2 24
11.6%
Q1 24
4.1%
Net Margin
ANDE
ANDE
TE
TE
Q4 25
20.5%
Q3 25
6.8%
-62.0%
Q2 25
1.5%
-24.0%
Q1 25
0.1%
-30.4%
Q4 24
13.4%
Q3 24
11.8%
Q2 24
7.3%
Q1 24
1.6%
EPS (diluted)
ANDE
ANDE
TE
TE
Q4 25
Q3 25
$0.59
$-0.87
Q2 25
$0.23
$-0.21
Q1 25
$0.01
$-0.11
Q4 24
$1.31
Q3 24
$0.80
$-0.20
Q2 24
$1.05
$-0.19
Q1 24
$0.16
$-0.20

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
TE
TE
Cash + ST InvestmentsLiquidity on hand
$98.3M
$34.1M
Total DebtLower is stronger
$560.0M
$547.3M
Stockholders' EquityBook value
$1.2B
$96.9M
Total Assets
$3.7B
$1.4B
Debt / EquityLower = less leverage
0.45×
5.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
TE
TE
Q4 25
$98.3M
Q3 25
$34.1M
Q2 25
$8.5M
Q1 25
$48.9M
Q4 24
$561.8M
Q3 24
$181.9M
Q2 24
$219.6M
Q1 24
$249.9M
Total Debt
ANDE
ANDE
TE
TE
Q4 25
$560.0M
Q3 25
$547.3M
Q2 25
$591.2M
Q1 25
$603.2M
Q4 24
$608.2M
Q3 24
Q2 24
Q1 24
$602.3M
Stockholders' Equity
ANDE
ANDE
TE
TE
Q4 25
$1.2B
Q3 25
$1.2B
$96.9M
Q2 25
$1.4B
$183.9M
Q1 25
$1.4B
$201.9M
Q4 24
$1.4B
Q3 24
$1.3B
$538.7M
Q2 24
$1.3B
$561.6M
Q1 24
$1.3B
$582.3M
Total Assets
ANDE
ANDE
TE
TE
Q4 25
$3.7B
Q3 25
$3.3B
$1.4B
Q2 25
$3.4B
$1.4B
Q1 25
$3.8B
$1.4B
Q4 24
$4.1B
Q3 24
$3.4B
$615.0M
Q2 24
$3.3B
$644.4M
Q1 24
$3.3B
$670.3M
Debt / Equity
ANDE
ANDE
TE
TE
Q4 25
0.45×
Q3 25
5.65×
Q2 25
3.21×
Q1 25
2.99×
Q4 24
0.45×
Q3 24
Q2 24
Q1 24
1.03×

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
TE
TE
Operating Cash FlowLast quarter
$-6.2M
$63.9M
Free Cash FlowOCF − Capex
$-77.1M
$55.0M
FCF MarginFCF / Revenue
-23.4%
26.1%
Capex IntensityCapex / Revenue
21.5%
4.2%
Cash ConversionOCF / Net Profit
-0.09×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$-42.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
TE
TE
Q4 25
$-6.2M
Q3 25
$233.9M
$63.9M
Q2 25
$299.3M
$33.4M
Q1 25
$-350.0M
$-44.8M
Q4 24
$268.8M
Q3 24
$-2.1M
$-28.4M
Q2 24
$304.4M
$-28.0M
Q1 24
$-239.6M
$-16.2M
Free Cash Flow
ANDE
ANDE
TE
TE
Q4 25
$-77.1M
Q3 25
$167.0M
$55.0M
Q2 25
$250.5M
$10.6M
Q1 25
$-396.6M
$-74.0M
Q4 24
$212.9M
Q3 24
$-40.0M
$-34.0M
Q2 24
$275.8M
$-35.6M
Q1 24
$-266.4M
$-37.7M
FCF Margin
ANDE
ANDE
TE
TE
Q4 25
-23.4%
Q3 25
56.5%
26.1%
Q2 25
46.8%
8.0%
Q1 25
-106.9%
-138.4%
Q4 24
63.1%
Q3 24
-17.2%
Q2 24
56.0%
Q1 24
-78.0%
Capex Intensity
ANDE
ANDE
TE
TE
Q4 25
21.5%
Q3 25
22.6%
4.2%
Q2 25
9.1%
17.2%
Q1 25
12.6%
54.5%
Q4 24
16.6%
Q3 24
16.3%
Q2 24
5.8%
Q1 24
7.8%
Cash Conversion
ANDE
ANDE
TE
TE
Q4 25
-0.09×
Q3 25
11.61×
Q2 25
38.10×
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%

TE
TE

Related Party$120.1M57%
Nonrelated Party$90.4M43%

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