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Central Garden & Pet vs Hydrofarm: revenue, profit, margins and growth compared

Central Garden & Pet brought in $3.1B of revenue in fiscal 2025, Hydrofarm $134.3M in fiscal 2025. Revenue changed by -2.2% at Central Garden & Pet and -29.4% at Hydrofarm on the year before, so Central Garden & Pet grew faster. Central Garden & Pet kept 5.2% of its revenue as net profit, Hydrofarm -215.9%. Free cash flow was $291.1M at Central Garden & Pet and -$15.1M at Hydrofarm.

Side by side, latest fiscal year

CENTHYFM
Fiscal year endedFY2025 (September 27, 2025)FY2025 (December 31, 2025)
Revenue$3.1B$134.3M
Revenue growth-2.2%-29.4%
Net income$162.8M-$289.8M
Net margin5.2%-215.9%
Free cash flow$291.1M-$15.1M
Free cash flow margin9.3%-11.2%
Earnings per share (diluted)$2.55-$62.35
Cash$882.5M$6.3M
Debt$1.2B$111.9M
Price to earnings15.5n/a
Market value$2.5B$4.7M
Dividend yieldn/an/a
Rank by revenue in sector#279 of 955 · Consumer discretionary#700 of 955 · Consumer discretionary

Over the years

Revenue
CENT FY2018: $2.2BCENT FY2019: $2.4BCENT FY2020: $2.7BCENT FY2021: $3.3BCENT FY2022: $3.3BCENT FY2023: $3.3BCENT FY2024: $3.2BCENT FY2025: $3.1BHYFM FY2019: $235.1MHYFM FY2021: $342.2MHYFM FY2021: $479.4MHYFM FY2022: $344.5MHYFM FY2023: $226.6MHYFM FY2024: $190.3MHYFM FY2025: $134.3MFY18FY19FY20FY21FY22FY23FY24FY25
CENT $3.1BHYFM $134.3M
Net income
CENT FY2018: $123.6MCENT FY2019: $92.8MCENT FY2020: $120.7MCENT FY2021: $151.7MCENT FY2022: $152.2MCENT FY2023: $125.6MCENT FY2024: $108MCENT FY2025: $162.8MHYFM FY2019: -$40.1MHYFM FY2021: -$7.3MHYFM FY2021: $13.4MHYFM FY2022: -$285.4MHYFM FY2023: -$64.8MHYFM FY2024: -$66.7MHYFM FY2025: -$289.8MFY18FY19FY20FY21FY22FY23FY24FY25
CENT $162.8MHYFM -$289.8M
Net margin
CENT FY2018: 5.6%CENT FY2019: 3.9%CENT FY2020: 4.5%CENT FY2021: 4.6%CENT FY2022: 4.6%CENT FY2023: 3.8%CENT FY2024: 3.4%CENT FY2025: 5.2%HYFM FY2019: -17.0%HYFM FY2021: -2.1%HYFM FY2021: 2.8%HYFM FY2022: -82.8%HYFM FY2023: -28.6%HYFM FY2024: -35.1%HYFM FY2025: -215.9%FY18FY19FY20FY21FY22FY23FY24FY25
CENT 5.2%HYFM -215.9%
Revenue growth
CENT FY2019: +7.6%CENT FY2020: +13.1%CENT FY2021: +22.6%CENT FY2022: +1.1%CENT FY2023: -0.9%CENT FY2024: -3.3%CENT FY2025: -2.2%HYFM FY2021: +45.6%HYFM FY2021: +40.1%HYFM FY2022: -28.1%HYFM FY2023: -34.2%HYFM FY2024: -16.0%HYFM FY2025: -29.4%FY19FY20FY21FY22FY23FY24FY25
CENT -2.2%HYFM -29.4%
Free cash flow
CENT FY2018: $76.3MCENT FY2019: $173.4MCENT FY2020: $221.2MCENT FY2021: $170.5MCENT FY2022: -$149.2MCENT FY2023: $327.7MCENT FY2024: $351.8MCENT FY2025: $291.1MHYFM FY2019: -$14.1MHYFM FY2021: -$46.3MHYFM FY2021: -$50.5MHYFM FY2022: $13.8MHYFM FY2023: $2.8MHYFM FY2024: -$3.2MHYFM FY2025: -$15.1MFY18FY19FY20FY21FY22FY23FY24FY25
CENT $291.1MHYFM -$15.1M

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

Questions about Central Garden & Pet and Hydrofarm

Which is bigger by revenue, Central Garden & Pet or Hydrofarm?

Central Garden & Pet is bigger by revenue: $3.1B in fiscal 2025, against $134.3M for Hydrofarm in fiscal 2025.

Which keeps more of its revenue as profit, Central Garden & Pet or Hydrofarm?

Central Garden & Pet had a net margin of 5.2% in fiscal 2025; Hydrofarm had -215.9% in fiscal 2025.

Which grew revenue faster, Central Garden & Pet or Hydrofarm?

In their latest fiscal years revenue changed by -2.2% at Central Garden & Pet and -29.4% at Hydrofarm.

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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