vs
Andersons, Inc.（ANDE）与BRC Group Holdings, Inc.（RILY）财务数据对比。点击上方公司名可切换其他公司
Andersons, Inc.的季度营收约是BRC Group Holdings, Inc.的1.7倍（$329.5M vs $188.3M），BRC Group Holdings, Inc.净利率更高（47.9% vs 20.5%，领先27.5%），Andersons, Inc.同比增速更快（-2.4% vs -21.9%），过去两年Andersons, Inc.的营收复合增速更高（-1.8% vs -15.4%）
安德森公司（The Andersons, Inc.）是1947年成立的美国农业企业，总部位于俄亥俄州莫米。公司起源于1940年代服务粮食行业的安德森货运站，是深耕农业领域的多元化企业，业务覆盖大宗商品贸易、可再生能源以及植物营养板块。
ANDE vs RILY — 直观对比
营收规模更大
ANDE
是对方的1.7倍
$188.3M
营收增速更快
ANDE
高出19.5%
-21.9%
净利率更高
RILY
高出27.5%
20.5%
两年增速更快
ANDE
近两年复合增速
-15.4%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $329.5M | $188.3M |
| 净利润 | $67.4M | $90.3M |
| 毛利率 | 70.3% | 79.5% |
| 营业利润率 | 26.6% | 32.3% |
| 净利率 | 20.5% | 47.9% |
| 营收同比 | -2.4% | -21.9% |
| 净利润同比 | 49.6% | 1710.8% |
| 每股收益（稀释后） | — | $2.78 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收ANDERILY
| Q4 25 | $329.5M | $188.3M | ||
| Q3 25 | $295.8M | $215.3M | ||
| Q2 25 | $535.0M | $188.2M | ||
| Q1 25 | $370.8M | $197.2M | ||
| Q4 24 | $337.5M | $241.0M | ||
| Q3 24 | $231.9M | $225.5M | ||
| Q2 24 | $492.5M | $256.0M | ||
| Q1 24 | $341.4M | $263.4M |
净利润ANDERILY
| Q4 25 | $67.4M | $90.3M | ||
| Q3 25 | $20.1M | $91.1M | ||
| Q2 25 | $7.9M | $139.5M | ||
| Q1 25 | $284.0K | $-10.0M | ||
| Q4 24 | $45.1M | $-5.6M | ||
| Q3 24 | $27.4M | $-284.4M | ||
| Q2 24 | $36.0M | $-433.6M | ||
| Q1 24 | $5.6M | $-49.2M |
毛利率ANDERILY
| Q4 25 | 70.3% | 79.5% | ||
| Q3 25 | 57.8% | 83.7% | ||
| Q2 25 | 29.6% | 81.3% | ||
| Q1 25 | 41.2% | 81.4% | ||
| Q4 24 | 63.1% | 79.8% | ||
| Q3 24 | 76.4% | 82.1% | ||
| Q2 24 | 35.6% | 84.5% | ||
| Q1 24 | 37.6% | 85.3% |
营业利润率ANDERILY
| Q4 25 | 26.6% | 32.3% | ||
| Q3 25 | 8.7% | 30.4% | ||
| Q2 25 | 4.6% | 5.7% | ||
| Q1 25 | 0.9% | -31.2% | ||
| Q4 24 | 19.9% | -69.2% | ||
| Q3 24 | 26.8% | -36.4% | ||
| Q2 24 | 11.6% | -90.8% | ||
| Q1 24 | 4.1% | -6.1% |
净利率ANDERILY
| Q4 25 | 20.5% | 47.9% | ||
| Q3 25 | 6.8% | 42.3% | ||
| Q2 25 | 1.5% | 74.1% | ||
| Q1 25 | 0.1% | -5.1% | ||
| Q4 24 | 13.4% | -2.3% | ||
| Q3 24 | 11.8% | -126.1% | ||
| Q2 24 | 7.3% | -169.4% | ||
| Q1 24 | 1.6% | -18.7% |
每股收益（稀释后）ANDERILY
| Q4 25 | — | $2.78 | ||
| Q3 25 | $0.59 | $2.91 | ||
| Q2 25 | $0.23 | $4.50 | ||
| Q1 25 | $0.01 | $-0.39 | ||
| Q4 24 | $1.31 | $-0.01 | ||
| Q3 24 | $0.80 | $-9.39 | ||
| Q2 24 | $1.05 | $-14.35 | ||
| Q1 24 | $0.16 | $-1.71 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $98.3M | $226.6M |
| 总债务越低越好 | $560.0M | $1.4B |
| 股东权益账面价值 | $1.2B | $-171.5M |
| 总资产 | $3.7B | $1.7B |
| 负债/权益比越低杠杆越低 | 0.45× | — |
8季度趋势，按日历期对齐
现金及短期投资ANDERILY
| Q4 25 | $98.3M | $226.6M | ||
| Q3 25 | — | $184.2M | ||
| Q2 25 | — | $267.4M | ||
| Q1 25 | — | $138.3M | ||
| Q4 24 | $561.8M | $146.9M | ||
| Q3 24 | — | $159.2M | ||
| Q2 24 | — | $236.9M | ||
| Q1 24 | — | $190.7M |
总债务ANDERILY
| Q4 25 | $560.0M | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | $608.2M | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
股东权益ANDERILY
| Q4 25 | $1.2B | $-171.5M | ||
| Q3 25 | $1.2B | $-260.5M | ||
| Q2 25 | $1.4B | $-351.7M | ||
| Q1 25 | $1.4B | $-496.8M | ||
| Q4 24 | $1.4B | $-488.2M | ||
| Q3 24 | $1.3B | $-497.6M | ||
| Q2 24 | $1.3B | $-218.3M | ||
| Q1 24 | $1.3B | $228.4M |
总资产ANDERILY
| Q4 25 | $3.7B | $1.7B | ||
| Q3 25 | $3.3B | $1.7B | ||
| Q2 25 | $3.4B | $1.5B | ||
| Q1 25 | $3.8B | $1.5B | ||
| Q4 24 | $4.1B | $1.8B | ||
| Q3 24 | $3.4B | $2.2B | ||
| Q2 24 | $3.3B | $3.2B | ||
| Q1 24 | $3.3B | $5.0B |
负债/权益比ANDERILY
| Q4 25 | 0.45× | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.45× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-6.2M | $26.2M |
| 自由现金流经营现金流 - 资本支出 | $-77.1M | — |
| 自由现金流率自由现金流/营收 | -23.4% | — |
| 资本支出强度资本支出/营收 | 21.5% | — |
| 现金转化率经营现金流/净利润 | -0.09× | 0.29× |
| 过去12个月自由现金流最近4个季度 | $-56.1M | — |
8季度趋势，按日历期对齐
经营现金流ANDERILY
| Q4 25 | $-6.2M | $26.2M | ||
| Q3 25 | $233.9M | $-60.6M | ||
| Q2 25 | $299.3M | $-25.6M | ||
| Q1 25 | $-350.0M | $184.0K | ||
| Q4 24 | $268.8M | $-2.7M | ||
| Q3 24 | $-2.1M | $19.5M | ||
| Q2 24 | $304.4M | $111.5M | ||
| Q1 24 | $-239.6M | $135.4M |
自由现金流ANDERILY
| Q4 25 | $-77.1M | — | ||
| Q3 25 | $167.0M | — | ||
| Q2 25 | $250.5M | — | ||
| Q1 25 | $-396.6M | — | ||
| Q4 24 | $212.9M | — | ||
| Q3 24 | $-40.0M | — | ||
| Q2 24 | $275.8M | — | ||
| Q1 24 | $-266.4M | — |
自由现金流率ANDERILY
| Q4 25 | -23.4% | — | ||
| Q3 25 | 56.5% | — | ||
| Q2 25 | 46.8% | — | ||
| Q1 25 | -106.9% | — | ||
| Q4 24 | 63.1% | — | ||
| Q3 24 | -17.2% | — | ||
| Q2 24 | 56.0% | — | ||
| Q1 24 | -78.0% | — |
资本支出强度ANDERILY
| Q4 25 | 21.5% | — | ||
| Q3 25 | 22.6% | — | ||
| Q2 25 | 9.1% | — | ||
| Q1 25 | 12.6% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 16.3% | — | ||
| Q2 24 | 5.8% | — | ||
| Q1 24 | 7.8% | — |
现金转化率ANDERILY
| Q4 25 | -0.09× | 0.29× | ||
| Q3 25 | 11.61× | -0.66× | ||
| Q2 25 | 38.10× | -0.18× | ||
| Q1 25 | -1232.46× | — | ||
| Q4 24 | 5.96× | — | ||
| Q3 24 | -0.08× | — | ||
| Q2 24 | 8.46× | — | ||
| Q1 24 | -42.94× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
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% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
