vs
Side-by-side financial comparison of Andersons, Inc. (ANDE) and Bristow Group Inc. (VTOL). Click either name above to swap in a different company.
Bristow Group Inc. is the larger business by last-quarter revenue ($377.3M vs $329.5M, roughly 1.1× Andersons, Inc.). Andersons, Inc. runs the higher net margin — 20.5% vs 4.9%, a 15.6% gap on every dollar of revenue. On growth, Bristow Group Inc. posted the faster year-over-year revenue change (6.7% vs -2.4%). Bristow Group Inc. produced more free cash flow last quarter ($47.8M vs $-77.1M). Over the past eight quarters, Bristow Group Inc.'s revenue compounded faster (5.8% 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.
Bristow Helicopters Limited is a British civil helicopter operator originally based at Aberdeen Airport, Scotland, which is currently a part of the U.S.-based Bristow Group which in turn has its corporate headquarters in Houston, Texas, U.S. In 2020, Bristow Group was merged with Era Helicopters, a large U.S.-based commercial helicopter operator that was previously a division of Era Aviation, with the two companies then continuing to use the Bristow name.
ANDE vs VTOL — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $329.5M | $377.3M |
| Net Profit | $67.4M | $18.4M |
| Gross Margin | 70.3% | — |
| Operating Margin | 26.6% | 8.5% |
| Net Margin | 20.5% | 4.9% |
| Revenue YoY | -2.4% | 6.7% |
| Net Profit YoY | 49.6% | -42.1% |
| EPS (diluted) | — | $0.61 |
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 | $377.3M | ||
| Q3 25 | $295.8M | $386.3M | ||
| Q2 25 | $535.0M | $376.4M | ||
| Q1 25 | $370.8M | $350.5M | ||
| Q4 24 | $337.5M | $353.5M | ||
| Q3 24 | $231.9M | $365.1M | ||
| Q2 24 | $492.5M | $359.7M | ||
| Q1 24 | $341.4M | $337.1M |
| Q4 25 | $67.4M | $18.4M | ||
| Q3 25 | $20.1M | $51.5M | ||
| Q2 25 | $7.9M | $31.7M | ||
| Q1 25 | $284.0K | $27.4M | ||
| Q4 24 | $45.1M | $31.8M | ||
| Q3 24 | $27.4M | $28.2M | ||
| Q2 24 | $36.0M | $28.2M | ||
| Q1 24 | $5.6M | $6.6M |
| 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% | — |
| Q4 25 | 26.6% | 8.5% | ||
| Q3 25 | 8.7% | 13.1% | ||
| Q2 25 | 4.6% | 11.3% | ||
| Q1 25 | 0.9% | 9.6% | ||
| Q4 24 | 19.9% | 9.0% | ||
| Q3 24 | 26.8% | 9.1% | ||
| Q2 24 | 11.6% | 12.4% | ||
| Q1 24 | 4.1% | 6.8% |
| Q4 25 | 20.5% | 4.9% | ||
| Q3 25 | 6.8% | 13.3% | ||
| Q2 25 | 1.5% | 8.4% | ||
| Q1 25 | 0.1% | 7.8% | ||
| Q4 24 | 13.4% | 9.0% | ||
| Q3 24 | 11.8% | 7.7% | ||
| Q2 24 | 7.3% | 7.8% | ||
| Q1 24 | 1.6% | 2.0% |
| Q4 25 | — | $0.61 | ||
| Q3 25 | $0.59 | $1.72 | ||
| Q2 25 | $0.23 | $1.07 | ||
| Q1 25 | $0.01 | $0.92 | ||
| Q4 24 | $1.31 | $1.07 | ||
| Q3 24 | $0.80 | $0.95 | ||
| Q2 24 | $1.05 | $0.96 | ||
| Q1 24 | $0.16 | $0.23 |
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 | $286.2M |
| Total DebtLower is stronger | $560.0M | $671.5M |
| Stockholders' EquityBook value | $1.2B | $1.1B |
| Total Assets | $3.7B | $2.3B |
| Debt / EquityLower = less leverage | 0.45× | 0.63× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $98.3M | $286.2M | ||
| Q3 25 | — | $245.5M | ||
| Q2 25 | — | $251.8M | ||
| Q1 25 | — | $191.1M | ||
| Q4 24 | $561.8M | $247.5M | ||
| Q3 24 | — | $200.3M | ||
| Q2 24 | — | $178.6M | ||
| Q1 24 | — | $140.6M |
| Q4 25 | $560.0M | $671.5M | ||
| Q3 25 | — | $675.0M | ||
| Q2 25 | — | $705.2M | ||
| Q1 25 | — | $701.9M | ||
| Q4 24 | $608.2M | $689.8M | ||
| Q3 24 | — | $629.1M | ||
| Q2 24 | — | $594.2M | ||
| Q1 24 | — | $544.1M |
| Q4 25 | $1.2B | $1.1B | ||
| Q3 25 | $1.2B | $1.0B | ||
| Q2 25 | $1.4B | $984.4M | ||
| Q1 25 | $1.4B | $931.7M | ||
| Q4 24 | $1.4B | $891.7M | ||
| Q3 24 | $1.3B | $899.2M | ||
| Q2 24 | $1.3B | $849.1M | ||
| Q1 24 | $1.3B | $820.7M |
| Q4 25 | $3.7B | $2.3B | ||
| Q3 25 | $3.3B | $2.3B | ||
| Q2 25 | $3.4B | $2.3B | ||
| Q1 25 | $3.8B | $2.2B | ||
| Q4 24 | $4.1B | $2.1B | ||
| Q3 24 | $3.4B | $2.1B | ||
| Q2 24 | $3.3B | $2.0B | ||
| Q1 24 | $3.3B | $1.9B |
| Q4 25 | 0.45× | 0.63× | ||
| Q3 25 | — | 0.65× | ||
| Q2 25 | — | 0.72× | ||
| Q1 25 | — | 0.75× | ||
| Q4 24 | 0.45× | 0.77× | ||
| Q3 24 | — | 0.70× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.66× |
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 | $76.9M |
| Free Cash FlowOCF − Capex | $-77.1M | $47.8M |
| FCF MarginFCF / Revenue | -23.4% | 12.7% |
| Capex IntensityCapex / Revenue | 21.5% | 7.7% |
| Cash ConversionOCF / Net Profit | -0.09× | 4.17× |
| TTM Free Cash FlowTrailing 4 quarters | $-56.1M | $56.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-6.2M | $76.9M | ||
| Q3 25 | $233.9M | $23.1M | ||
| Q2 25 | $299.3M | $99.0M | ||
| Q1 25 | $-350.0M | $-603.0K | ||
| Q4 24 | $268.8M | $51.1M | ||
| Q3 24 | $-2.1M | $66.0M | ||
| Q2 24 | $304.4M | $33.7M | ||
| Q1 24 | $-239.6M | $26.7M |
| Q4 25 | $-77.1M | $47.8M | ||
| Q3 25 | $167.0M | $-6.2M | ||
| Q2 25 | $250.5M | $67.4M | ||
| Q1 25 | $-396.6M | $-52.7M | ||
| Q4 24 | $212.9M | $-32.4M | ||
| Q3 24 | $-40.0M | $9.0M | ||
| Q2 24 | $275.8M | $-16.7M | ||
| Q1 24 | $-266.4M | $-37.9M |
| Q4 25 | -23.4% | 12.7% | ||
| Q3 25 | 56.5% | -1.6% | ||
| Q2 25 | 46.8% | 17.9% | ||
| Q1 25 | -106.9% | -15.0% | ||
| Q4 24 | 63.1% | -9.2% | ||
| Q3 24 | -17.2% | 2.5% | ||
| Q2 24 | 56.0% | -4.6% | ||
| Q1 24 | -78.0% | -11.2% |
| Q4 25 | 21.5% | 7.7% | ||
| Q3 25 | 22.6% | 7.6% | ||
| Q2 25 | 9.1% | 8.4% | ||
| Q1 25 | 12.6% | 14.9% | ||
| Q4 24 | 16.6% | 23.6% | ||
| Q3 24 | 16.3% | 15.6% | ||
| Q2 24 | 5.8% | 14.0% | ||
| Q1 24 | 7.8% | 19.2% |
| Q4 25 | -0.09× | 4.17× | ||
| Q3 25 | 11.61× | 0.45× | ||
| Q2 25 | 38.10× | 3.12× | ||
| Q1 25 | -1232.46× | -0.02× | ||
| Q4 24 | 5.96× | 1.61× | ||
| Q3 24 | -0.08× | 2.34× | ||
| Q2 24 | 8.46× | 1.20× | ||
| Q1 24 | -42.94× | 4.04× |
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% |
VTOL
| Offshore Energy Services | $247.5M | 66% |
| Government Services | $100.1M | 27% |
| Other | $21.9M | 6% |
| Related Party | $7.8M | 2% |
