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Side-by-side financial comparison of AVINO SILVER & GOLD MINES LTD (ASM) and CF Industries (CF). Click either name above to swap in a different company.

CF Industries is the larger business by last-quarter revenue ($1.9B vs $21.0M, roughly 89.0× AVINO SILVER & GOLD MINES LTD). AVINO SILVER & GOLD MINES LTD runs the higher net margin — 36.6% vs 26.4%, a 10.2% gap on every dollar of revenue. On growth, AVINO SILVER & GOLD MINES LTD posted the faster year-over-year revenue change (44.0% vs 22.8%). Over the past eight quarters, AVINO SILVER & GOLD MINES LTD's revenue compounded faster (51.1% CAGR vs 12.8%).

Avino Silver & Gold Mines Ltd is a Canada-based mining company engaged in the exploration, development, and production of precious and base metals, primarily silver, gold, and copper. It operates its flagship Avino Mine property in Durango, Mexico, with its metal products supplied to global industrial and commodity markets.

CF Industries Holdings, Inc. is an American manufacturer and distributor of agricultural fertilizers, including ammonia, urea, and ammonium nitrate products. The company is based in Northbrook, Illinois, a suburb of Chicago, and was founded in 1946 as the Central Farmers Fertilizer Company. For its first 56 years, it was a federation of regional agricultural supply cooperatives. CF then demutualized, and became a publicly traded company.

ASM vs CF — Head-to-Head

Bigger by revenue
CF
CF
89.0× larger
CF
$1.9B
$21.0M
ASM
Growing faster (revenue YoY)
ASM
ASM
+21.1% gap
ASM
44.0%
22.8%
CF
Higher net margin
ASM
ASM
10.2% more per $
ASM
36.6%
26.4%
CF
Faster 2-yr revenue CAGR
ASM
ASM
Annualised
ASM
51.1%
12.8%
CF

Income Statement — Q3 2025 vs Q4 2025

Metric
ASM
ASM
CF
CF
Revenue
$21.0M
$1.9B
Net Profit
$7.7M
$495.0M
Gross Margin
47.1%
40.9%
Operating Margin
33.0%
Net Margin
36.6%
26.4%
Revenue YoY
44.0%
22.8%
Net Profit YoY
558.9%
26.3%
EPS (diluted)
$0.05
$2.56

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
ASM
ASM
CF
CF
Q4 25
$1.9B
Q3 25
$21.0M
$1.7B
Q2 25
$21.8M
$1.9B
Q1 25
$18.8M
$1.7B
Q4 24
$1.5B
Q3 24
$14.6M
$1.4B
Q2 24
$14.8M
$1.6B
Q1 24
$12.4M
$1.5B
Net Profit
ASM
ASM
CF
CF
Q4 25
$495.0M
Q3 25
$7.7M
$460.0M
Q2 25
$2.9M
$492.0M
Q1 25
$5.6M
$351.0M
Q4 24
$392.0M
Q3 24
$1.2M
$341.0M
Q2 24
$1.2M
$506.0M
Q1 24
$599.0K
$238.0M
Gross Margin
ASM
ASM
CF
CF
Q4 25
40.9%
Q3 25
47.1%
38.1%
Q2 25
46.9%
39.9%
Q1 25
56.1%
34.4%
Q4 24
34.4%
Q3 24
39.1%
32.4%
Q2 24
31.8%
43.2%
Q1 24
18.9%
27.8%
Operating Margin
ASM
ASM
CF
CF
Q4 25
33.0%
Q3 25
35.0%
Q2 25
34.3%
Q1 25
27.4%
Q4 24
28.9%
Q3 24
26.6%
Q2 24
40.6%
Q1 24
20.6%
Net Margin
ASM
ASM
CF
CF
Q4 25
26.4%
Q3 25
36.6%
27.7%
Q2 25
13.1%
26.0%
Q1 25
29.8%
21.1%
Q4 24
25.7%
Q3 24
8.0%
24.9%
Q2 24
8.4%
32.2%
Q1 24
4.8%
16.2%
EPS (diluted)
ASM
ASM
CF
CF
Q4 25
$2.56
Q3 25
$0.05
$2.19
Q2 25
$0.02
$2.37
Q1 25
$0.04
$1.85
Q4 24
$1.86
Q3 24
$0.01
$1.55
Q2 24
$0.01
$2.30
Q1 24
$0.00
$1.03

Balance Sheet & Financial Strength

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

Metric
ASM
ASM
CF
CF
Cash + ST InvestmentsLiquidity on hand
$57.3M
Total DebtLower is stronger
$3.2B
Stockholders' EquityBook value
$182.1M
$4.8B
Total Assets
$221.9M
$14.1B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ASM
ASM
CF
CF
Q4 25
Q3 25
$57.3M
Q2 25
$37.3M
Q1 25
$26.6M
Q4 24
Q3 24
$7.8M
Q2 24
$5.3M
Q1 24
$3.5M
Total Debt
ASM
ASM
CF
CF
Q4 25
$3.2B
Q3 25
$3.0B
Q2 25
$3.0B
Q1 25
$3.0B
Q4 24
$3.0B
Q3 24
$3.0B
Q2 24
$3.0B
Q1 24
$3.0B
Stockholders' Equity
ASM
ASM
CF
CF
Q4 25
$4.8B
Q3 25
$182.1M
$4.8B
Q2 25
$144.8M
$5.0B
Q1 25
$132.3M
$4.8B
Q4 24
$5.0B
Q3 24
$114.5M
$5.2B
Q2 24
$112.2M
$5.5B
Q1 24
$107.8M
$5.4B
Total Assets
ASM
ASM
CF
CF
Q4 25
$14.1B
Q3 25
$221.9M
$14.2B
Q2 25
$174.7M
$13.8B
Q1 25
$157.7M
$13.3B
Q4 24
$13.5B
Q3 24
$135.4M
$13.8B
Q2 24
$133.7M
$13.8B
Q1 24
$128.6M
$13.9B
Debt / Equity
ASM
ASM
CF
CF
Q4 25
0.66×
Q3 25
0.61×
Q2 25
0.60×
Q1 25
0.62×
Q4 24
0.60×
Q3 24
0.57×
Q2 24
0.54×
Q1 24
0.55×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ASM
ASM
CF
CF
Operating Cash FlowLast quarter
$8.3M
$539.0M
Free Cash FlowOCF − Capex
$313.0M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
12.1%
Cash ConversionOCF / Net Profit
1.08×
1.09×
TTM Free Cash FlowTrailing 4 quarters
$1.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ASM
ASM
CF
CF
Q4 25
$539.0M
Q3 25
$8.3M
$1.1B
Q2 25
$8.3M
$563.0M
Q1 25
$758.0K
$586.0M
Q4 24
$420.0M
Q3 24
$4.1M
$931.0M
Q2 24
$1.1M
$475.0M
Q1 24
$2.3M
$445.0M
Free Cash Flow
ASM
ASM
CF
CF
Q4 25
$313.0M
Q3 25
$717.0M
Q2 25
$318.0M
Q1 25
$454.0M
Q4 24
$223.0M
Q3 24
$792.0M
Q2 24
$391.0M
Q1 24
$347.0M
FCF Margin
ASM
ASM
CF
CF
Q4 25
16.7%
Q3 25
43.2%
Q2 25
16.8%
Q1 25
27.3%
Q4 24
14.6%
Q3 24
57.8%
Q2 24
24.9%
Q1 24
23.6%
Capex Intensity
ASM
ASM
CF
CF
Q4 25
12.1%
Q3 25
20.9%
Q2 25
13.0%
Q1 25
7.9%
Q4 24
12.9%
Q3 24
10.1%
Q2 24
5.3%
Q1 24
6.7%
Cash Conversion
ASM
ASM
CF
CF
Q4 25
1.09×
Q3 25
1.08×
2.31×
Q2 25
2.92×
1.14×
Q1 25
0.13×
1.67×
Q4 24
1.07×
Q3 24
3.55×
2.73×
Q2 24
0.87×
0.94×
Q1 24
3.92×
1.87×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ASM
ASM

Segment breakdown not available.

CF
CF

Ammonia$591.0M32%
UAN$493.0M26%
Urea$372.0M20%
Other$244.0M13%
Other Products$147.0M8%
Ammonium Nitrate Segment$25.0M1%

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