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Andersons vs Universal: revenue, profit, margins and growth compared

Andersons brought in $11B of revenue in fiscal 2025, Universal $2.9B in fiscal 2026. Revenue changed by -2.2% at Andersons and -1.3% at Universal on the year before, so Universal grew faster. Andersons kept 0.9% of its revenue as net profit, Universal 1.1%. Free cash flow was -$56.1M at Andersons and $80.3M at Universal.

Side by side, latest fiscal year

ANDEUVV
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$11B$2.9B
Revenue growth-2.2%-1.3%
Net income$95.7M$32.6M
Net margin0.9%1.1%
Free cash flow-$56.1M$80.3M
Free cash flow margin-0.5%2.8%
Earnings per share (diluted)n/a$1.30
Cash$98.3M$62.2M
Debt$560M$616.7M
Price to earningsn/a32.7
Market value$2.3B$1.1B
Dividend yield1.17%7.72%
Rank by revenue in sector#61 of 451 · Industrials#183 of 451 · Industrials

Over the years

Revenue
ANDE FY2018: $3BANDE FY2019: $8BANDE FY2020: $8.1BANDE FY2021: $12.6BANDE FY2022: $17.3BANDE FY2023: $14.8BANDE FY2024: $11.3BANDE FY2025: $11BUVV FY2019: $2.2BUVV FY2020: $1.9BUVV FY2021: $2BUVV FY2022: $2.1BUVV FY2023: $2.5BUVV FY2024: $2.7BUVV FY2025: $2.9BUVV FY2026: $2.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
ANDE $11BUVV $2.9B
Net income
ANDE FY2018: $41.5MANDE FY2019: $18.3MANDE FY2020: $7.7MANDE FY2021: $104MANDE FY2022: $131.1MANDE FY2023: $101.2MANDE FY2024: $114MANDE FY2025: $95.7MUVV FY2019: $104.1MUVV FY2020: $71.7MUVV FY2021: $87.4MUVV FY2022: $86.6MUVV FY2023: $124.1MUVV FY2024: $119.6MUVV FY2025: $95MUVV FY2026: $32.6MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ANDE $95.7MUVV $32.6M
Net margin
ANDE FY2018: 1.4%ANDE FY2019: 0.2%ANDE FY2020: 0.1%ANDE FY2021: 0.8%ANDE FY2022: 0.8%ANDE FY2023: 0.7%ANDE FY2024: 1.0%ANDE FY2025: 0.9%UVV FY2019: 4.7%UVV FY2020: 3.8%UVV FY2021: 4.4%UVV FY2022: 4.1%UVV FY2023: 4.9%UVV FY2024: 4.4%UVV FY2025: 3.3%UVV FY2026: 1.1%FY18FY19FY20FY21FY22FY23FY24FY25FY26
ANDE 0.9%UVV 1.1%
Revenue growth
ANDE FY2019: +162.8%ANDE FY2020: +0.8%ANDE FY2021: +56.4%ANDE FY2022: +37.4%ANDE FY2023: -14.9%ANDE FY2024: -23.7%ANDE FY2025: -2.2%UVV FY2020: -14.5%UVV FY2021: +3.9%UVV FY2022: +6.4%UVV FY2023: +21.9%UVV FY2024: +6.7%UVV FY2025: +7.4%UVV FY2026: -1.3%FY19FY20FY21FY22FY23FY24FY25FY26
ANDE -2.2%UVV -1.3%
Free cash flow
ANDE FY2018: -$178.1MANDE FY2019: $183.3MANDE FY2020: -$151.6MANDE FY2021: -$126.8MANDE FY2022: $178.8MANDE FY2023: $796.3MANDE FY2024: $182.3MANDE FY2025: -$56.1MUVV FY2019: $125.8MUVV FY2020: -$24.3MUVV FY2021: $154.3MUVV FY2022: -$8.3MUVV FY2023: -$65.2MUVV FY2024: -$140.6MUVV FY2025: $264.4MUVV FY2026: $80.3MFY18FY19FY20FY21FY22FY23FY24FY25FY26
ANDE -$56.1MUVV $80.3M

Fiscal years as each company reports them; the two may end in different months.

Questions about Andersons and Universal

Which is bigger by revenue, Andersons or Universal?

Andersons is bigger by revenue: $11B in fiscal 2025, against $2.9B for Universal in fiscal 2026.

Which keeps more of its revenue as profit, Andersons or Universal?

Andersons had a net margin of 0.9% in fiscal 2025; Universal had 1.1% in fiscal 2026.

Which grew revenue faster, Andersons or Universal?

In their latest fiscal years revenue changed by -2.2% at Andersons and -1.3% at Universal.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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