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

Andersons, Inc. is the larger business by last-quarter revenue ($329.5M vs $204.1M, roughly 1.6× TRUSTMARK CORP). TRUSTMARK CORP runs the higher net margin — 28.4% vs 20.5%, a 7.9% gap on every dollar of revenue. On growth, TRUSTMARK CORP posted the faster year-over-year revenue change (4.5% vs -2.4%). TRUSTMARK CORP produced more free cash flow last quarter ($232.0M vs $-77.1M). Over the past eight quarters, TRUSTMARK CORP's revenue compounded faster (8.9% 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.

Trustmark is an insurance company. According to Crain's Chicago Business magazine, Trustmark ranks #69 among Chicago's Largest Privately Held Companies in 2018.

ANDE vs TRMK — Head-to-Head

Bigger by revenue
ANDE
ANDE
1.6× larger
ANDE
$329.5M
$204.1M
TRMK
Growing faster (revenue YoY)
TRMK
TRMK
+6.9% gap
TRMK
4.5%
-2.4%
ANDE
Higher net margin
TRMK
TRMK
7.9% more per $
TRMK
28.4%
20.5%
ANDE
More free cash flow
TRMK
TRMK
$309.1M more FCF
TRMK
$232.0M
$-77.1M
ANDE
Faster 2-yr revenue CAGR
TRMK
TRMK
Annualised
TRMK
8.9%
-1.8%
ANDE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ANDE
ANDE
TRMK
TRMK
Revenue
$329.5M
$204.1M
Net Profit
$67.4M
$57.9M
Gross Margin
70.3%
Operating Margin
26.6%
34.7%
Net Margin
20.5%
28.4%
Revenue YoY
-2.4%
4.5%
Net Profit YoY
49.6%
2.8%
EPS (diluted)
$0.96

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
TRMK
TRMK
Q4 25
$329.5M
$204.1M
Q3 25
$295.8M
$202.4M
Q2 25
$535.0M
$198.6M
Q1 25
$370.8M
$194.6M
Q4 24
$337.5M
$155.8M
Q3 24
$231.9M
$192.3M
Q2 24
$492.5M
$141.0M
Q1 24
$341.4M
$172.2M
Net Profit
ANDE
ANDE
TRMK
TRMK
Q4 25
$67.4M
$57.9M
Q3 25
$20.1M
$56.8M
Q2 25
$7.9M
$55.8M
Q1 25
$284.0K
$53.6M
Q4 24
$45.1M
$56.3M
Q3 24
$27.4M
$51.3M
Q2 24
$36.0M
$73.8M
Q1 24
$5.6M
$41.5M
Gross Margin
ANDE
ANDE
TRMK
TRMK
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
TRMK
TRMK
Q4 25
26.6%
34.7%
Q3 25
8.7%
34.5%
Q2 25
4.6%
34.7%
Q1 25
0.9%
33.6%
Q4 24
19.9%
41.6%
Q3 24
26.8%
32.5%
Q2 24
11.6%
-98.1%
Q1 24
4.1%
26.1%
Net Margin
ANDE
ANDE
TRMK
TRMK
Q4 25
20.5%
28.4%
Q3 25
6.8%
28.1%
Q2 25
1.5%
28.1%
Q1 25
0.1%
27.6%
Q4 24
13.4%
36.1%
Q3 24
11.8%
26.7%
Q2 24
7.3%
52.4%
Q1 24
1.6%
24.1%
EPS (diluted)
ANDE
ANDE
TRMK
TRMK
Q4 25
$0.96
Q3 25
$0.59
$0.94
Q2 25
$0.23
$0.92
Q1 25
$0.01
$0.88
Q4 24
$1.31
$0.91
Q3 24
$0.80
$0.84
Q2 24
$1.05
$1.20
Q1 24
$0.16
$0.68

Balance Sheet & Financial Strength

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

Metric
ANDE
ANDE
TRMK
TRMK
Cash + ST InvestmentsLiquidity on hand
$98.3M
Total DebtLower is stronger
$560.0M
Stockholders' EquityBook value
$1.2B
$2.1B
Total Assets
$3.7B
$18.9B
Debt / EquityLower = less leverage
0.45×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ANDE
ANDE
TRMK
TRMK
Q4 25
$98.3M
Q3 25
Q2 25
Q1 25
Q4 24
$561.8M
Q3 24
Q2 24
Q1 24
Total Debt
ANDE
ANDE
TRMK
TRMK
Q4 25
$560.0M
Q3 25
Q2 25
Q1 25
Q4 24
$608.2M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ANDE
ANDE
TRMK
TRMK
Q4 25
$1.2B
$2.1B
Q3 25
$1.2B
$2.1B
Q2 25
$1.4B
$2.1B
Q1 25
$1.4B
$2.0B
Q4 24
$1.4B
$2.0B
Q3 24
$1.3B
$2.0B
Q2 24
$1.3B
$1.9B
Q1 24
$1.3B
$1.7B
Total Assets
ANDE
ANDE
TRMK
TRMK
Q4 25
$3.7B
$18.9B
Q3 25
$3.3B
$18.8B
Q2 25
$3.4B
$18.6B
Q1 25
$3.8B
$18.3B
Q4 24
$4.1B
$18.2B
Q3 24
$3.4B
$18.5B
Q2 24
$3.3B
$18.5B
Q1 24
$3.3B
$18.4B
Debt / Equity
ANDE
ANDE
TRMK
TRMK
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
ANDE
ANDE
TRMK
TRMK
Operating Cash FlowLast quarter
$-6.2M
$243.9M
Free Cash FlowOCF − Capex
$-77.1M
$232.0M
FCF MarginFCF / Revenue
-23.4%
113.6%
Capex IntensityCapex / Revenue
21.5%
5.9%
Cash ConversionOCF / Net Profit
-0.09×
4.21×
TTM Free Cash FlowTrailing 4 quarters
$-56.1M
$409.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ANDE
ANDE
TRMK
TRMK
Q4 25
$-6.2M
$243.9M
Q3 25
$233.9M
$66.2M
Q2 25
$299.3M
$37.6M
Q1 25
$-350.0M
$82.4M
Q4 24
$268.8M
$116.9M
Q3 24
$-2.1M
$59.5M
Q2 24
$304.4M
$16.7M
Q1 24
$-239.6M
$-58.5M
Free Cash Flow
ANDE
ANDE
TRMK
TRMK
Q4 25
$-77.1M
$232.0M
Q3 25
$167.0M
$62.7M
Q2 25
$250.5M
$34.5M
Q1 25
$-396.6M
$80.6M
Q4 24
$212.9M
$93.4M
Q3 24
$-40.0M
$51.2M
Q2 24
$275.8M
$10.5M
Q1 24
$-266.4M
$-63.6M
FCF Margin
ANDE
ANDE
TRMK
TRMK
Q4 25
-23.4%
113.6%
Q3 25
56.5%
31.0%
Q2 25
46.8%
17.4%
Q1 25
-106.9%
41.4%
Q4 24
63.1%
60.0%
Q3 24
-17.2%
26.7%
Q2 24
56.0%
7.4%
Q1 24
-78.0%
-36.9%
Capex Intensity
ANDE
ANDE
TRMK
TRMK
Q4 25
21.5%
5.9%
Q3 25
22.6%
1.8%
Q2 25
9.1%
1.6%
Q1 25
12.6%
0.9%
Q4 24
16.6%
15.1%
Q3 24
16.3%
4.3%
Q2 24
5.8%
4.4%
Q1 24
7.8%
2.9%
Cash Conversion
ANDE
ANDE
TRMK
TRMK
Q4 25
-0.09×
4.21×
Q3 25
11.61×
1.17×
Q2 25
38.10×
0.67×
Q1 25
-1232.46×
1.54×
Q4 24
5.96×
2.08×
Q3 24
-0.08×
1.16×
Q2 24
8.46×
0.23×
Q1 24
-42.94×
-1.41×

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%

TRMK
TRMK

Segment breakdown not available.

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