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Side-by-side financial comparison of Adecoagro S.A. (AGRO) and Ferguson Enterprises Inc. /DE/ (FERG), based on the latest 10-Q / 10-K filings. Click either name above to swap in a different company.

Ferguson Enterprises Inc. /DE/ is the larger business by last-quarter revenue ($8.2B vs $304.2M, roughly 26.9× Adecoagro S.A.). Ferguson Enterprises Inc. /DE/ runs the higher net margin — 2.1% vs 7.0%, a 4.9% gap on every dollar of revenue. On growth, Ferguson Enterprises Inc. /DE/ posted the faster year-over-year revenue change (5.1% vs -35.5%).

Astra Agro Lestari Tbk. (AAL) is the second biggest palm oil company in Indonesia. It is a subsidiary of PT Astra International Tbk. At least in 2004, it controlled extensive land banks. It has two concessions on peatlands in Riau, with an estimated total area of 20,000 hectares.

Ferguson Enterprises Inc., headquartered in Newport News, Virginia and organized in Delaware, is the largest U.S. distributor of plumbing, heating, ventilation and air conditioning (HVAC), appliances, and lighting to pipes, valves and fittings (PVF), and water and wastewater products. The company receives 95% of its revenue in the United States and 5% of its revenue in Canada. The company has 36,000 suppliers and operates from 11 regional distribution centers, four MDCs, approximately 5,900 f...

AGRO vs FERG — Head-to-Head

Bigger by revenue
FERG
FERG
26.9× larger
FERG
$8.2B
$304.2M
AGRO
Growing faster (revenue YoY)
FERG
FERG
+40.6% gap
FERG
5.1%
-35.5%
AGRO
Higher net margin
FERG
FERG
4.9% more per $
FERG
7.0%
2.1%
AGRO

Income Statement — Q3 2025 vs Q4 2025

Metric
AGRO
AGRO
FERG
FERG
Revenue
$304.2M
$8.2B
Net Profit
$6.4M
$570.0M
Gross Margin
35.1%
30.7%
Operating Margin
18.7%
9.4%
Net Margin
2.1%
7.0%
Revenue YoY
-35.5%
5.1%
Net Profit YoY
-65.7%
21.3%
EPS (diluted)
$0.07
$2.90

Green = leading value per metric. Periods may differ when fiscal calendars don't align — see 8-quarter trend below.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history — bar widths are scaled to the larger of the two companies so you can eyeball the size gap and growth trajectory without doing math. Quarters aligned by calendar period (report date) so offset fiscal years line up.

Revenue
AGRO
AGRO
FERG
FERG
Q4 25
$8.2B
Q3 25
$304.2M
$8.5B
Q2 25
$7.6B
Q1 25
$6.9B
Q4 24
$7.8B
Q3 24
$471.5M
$7.9B
Q2 24
$7.3B
Net Profit
AGRO
AGRO
FERG
FERG
Q4 25
$570.0M
Q3 25
$6.4M
$700.0M
Q2 25
$410.0M
Q1 25
$276.0M
Q4 24
$470.0M
Q3 24
$18.7M
$451.0M
Q2 24
$443.0M
Gross Margin
AGRO
AGRO
FERG
FERG
Q4 25
30.7%
Q3 25
35.1%
31.7%
Q2 25
31.0%
Q1 25
29.7%
Q4 24
30.1%
Q3 24
25.1%
31.0%
Q2 24
30.5%
Operating Margin
AGRO
AGRO
FERG
FERG
Q4 25
9.4%
Q3 25
18.7%
10.9%
Q2 25
8.0%
Q1 25
6.0%
Q4 24
8.6%
Q3 24
6.3%
10.2%
Q2 24
8.6%
Net Margin
AGRO
AGRO
FERG
FERG
Q4 25
7.0%
Q3 25
2.1%
8.2%
Q2 25
5.4%
Q1 25
4.0%
Q4 24
6.0%
Q3 24
4.0%
5.7%
Q2 24
6.1%
EPS (diluted)
AGRO
AGRO
FERG
FERG
Q4 25
$2.90
Q3 25
$0.07
$3.53
Q2 25
$2.07
Q1 25
$1.38
Q4 24
$2.34
Q3 24
$0.19
$2.23
Q2 24
$2.18

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest filing — the kind of financial-strength check premium terminals charge for.

Metric
AGRO
AGRO
FERG
FERG
Cash + ST InvestmentsLiquidity on hand
$340.0M
$526.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$6.1B
Total Assets
$3.6B
$17.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Cash + ST Investments
AGRO
AGRO
FERG
FERG
Q4 25
$526.0M
Q3 25
$340.0M
$674.0M
Q2 25
$519.0M
Q1 25
$764.0M
Q4 24
$601.0M
Q3 24
$198.3M
$571.0M
Q2 24
Total Debt
AGRO
AGRO
FERG
FERG
Q4 25
Q3 25
$4.2B
Q2 25
Q1 25
Q4 24
Q3 24
$4.0B
Q2 24
Stockholders' Equity
AGRO
AGRO
FERG
FERG
Q4 25
$6.1B
Q3 25
$1.4B
$5.8B
Q2 25
$5.5B
Q1 25
$5.5B
Q4 24
$5.7B
Q3 24
$1.4B
$5.6B
Q2 24
$5.5B
Total Assets
AGRO
AGRO
FERG
FERG
Q4 25
$17.7B
Q3 25
$3.6B
$17.7B
Q2 25
$17.3B
Q1 25
$16.5B
Q4 24
$16.9B
Q3 24
$16.6B
Q2 24
Debt / Equity
AGRO
AGRO
FERG
FERG
Q4 25
Q3 25
0.72×
Q2 25
Q1 25
Q4 24
Q3 24
0.70×
Q2 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Net income can be massaged; cash flow is harder to fake.

Metric
AGRO
AGRO
FERG
FERG
Operating Cash FlowLast quarter
$430.0M
Free Cash FlowOCF − Capex
$312.0M
FCF MarginFCF / Revenue
3.8%
Capex IntensityCapex / Revenue; lower = less reinvestment burden
1.4%
Cash ConversionOCF / Net Profit; >1× = earnings back up with cash
0.75×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period so offset fiscal years match up.

Operating Cash Flow
AGRO
AGRO
FERG
FERG
Q4 25
$430.0M
Q3 25
$541.0M
Q2 25
$682.0M
Q1 25
$340.0M
Q4 24
$345.0M
Q3 24
Q2 24
Free Cash Flow
AGRO
AGRO
FERG
FERG
Q4 25
$312.0M
Q3 25
Q2 25
$605.0M
Q1 25
$259.0M
Q4 24
$268.0M
Q3 24
Q2 24
FCF Margin
AGRO
AGRO
FERG
FERG
Q4 25
3.8%
Q3 25
Q2 25
7.9%
Q1 25
3.8%
Q4 24
3.4%
Q3 24
Q2 24
Capex Intensity
AGRO
AGRO
FERG
FERG
Q4 25
1.4%
Q3 25
Q2 25
1.0%
Q1 25
1.2%
Q4 24
1.0%
Q3 24
Q2 24
Cash Conversion
AGRO
AGRO
FERG
FERG
Q4 25
0.75×
Q3 25
0.77×
Q2 25
1.66×
Q1 25
1.23×
Q4 24
0.73×
Q3 24
Q2 24

Financial Flow Comparison

Sankey diagram of revenue → gross profit → operating profit → net profit for each company. Charts shown full-width and stacked so both segment hierarchies are readable side-by-side on desktop and mobile.

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