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Dole vs Verano: revenue, profit, margins and growth compared

Dole brought in $9.2B of revenue in fiscal 2025, Verano $821.5M in fiscal 2025. Revenue changed by +8.2% at Dole and -6.5% at Verano on the year before, so Dole grew faster. Dole kept 0.6% of its revenue as net profit, Verano -31.4%. Free cash flow was $1.7M at Dole and $11.6M at Verano.

Side by side, latest fiscal year

DOLEVRNO
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$9.2B$821.5M
Revenue growth+8.2%-6.5%
Net income$51.3M-$257.9M
Net margin0.6%-31.4%
Free cash flow$1.7M$11.6M
Free cash flow margin0.0%1.4%
Earnings per share (diluted)$0.53-$0.71
Cash$267.9M$82.7M
Debt$829.4M$399.7M
Price to earnings24.5n/a
Market value$1.2B$438.6M
Dividend yieldn/an/a
Rank by revenue in sector#26 of 154 · Consumer staples#70 of 154 · Consumer staples

Over the years

Revenue
DOLE FY2019: $4.2BDOLE FY2021: $4.3BDOLE FY2021: $5.9BDOLE FY2022: $8BDOLE FY2023: $8.2BDOLE FY2024: $8.5BDOLE FY2025: $9.2BVRNO FY2020: $228.5MVRNO FY2022: $737.9MVRNO FY2022: $879.4MVRNO FY2023: $938.5MVRNO FY2024: $878.6MVRNO FY2025: $821.5MFY19FY20FY21FY22FY23FY24FY25
DOLE $9.2BVRNO $821.5M
Net income
DOLE FY2019: $55.1MDOLE FY2021: $52.5MDOLE FY2021: -$7.2MDOLE FY2022: $86.5MDOLE FY2023: $124.1MDOLE FY2024: $125.5MDOLE FY2025: $51.3MVRNO FY2020: $38.4MVRNO FY2022: -$57.5MVRNO FY2022: -$269.2MVRNO FY2023: -$117.3MVRNO FY2024: -$341.9MVRNO FY2025: -$257.9MFY19FY20FY21FY22FY23FY24FY25
DOLE $51.3MVRNO -$257.9M
Net margin
DOLE FY2019: 1.3%DOLE FY2021: 1.2%DOLE FY2021: -0.1%DOLE FY2022: 1.1%DOLE FY2023: 1.5%DOLE FY2024: 1.5%DOLE FY2025: 0.6%VRNO FY2020: 16.8%VRNO FY2022: -7.8%VRNO FY2022: -30.6%VRNO FY2023: -12.5%VRNO FY2024: -38.9%VRNO FY2025: -31.4%FY19FY20FY21FY22FY23FY24FY25
DOLE 0.6%VRNO -31.4%
Revenue growth
DOLE FY2021: +4.3%DOLE FY2021: +36.8%DOLE FY2022: +35.0%DOLE FY2023: +2.8%DOLE FY2024: +2.8%DOLE FY2025: +8.2%VRNO FY2022: +222.9%VRNO FY2022: +19.2%VRNO FY2023: +6.7%VRNO FY2024: -6.4%VRNO FY2025: -6.5%FY21FY22FY23FY24FY25
DOLE +8.2%VRNO -6.5%
Free cash flow
DOLE FY2019: $48.3MDOLE FY2021: $121.4MDOLE FY2021: -$42.2MDOLE FY2022: $153.3MDOLE FY2023: $220.6MDOLE FY2024: $180.3MDOLE FY2025: $1.7MVRNO FY2020: $11.5MVRNO FY2022: $41.6MVRNO FY2022: -$24.8MVRNO FY2023: $73.4MVRNO FY2024: $13.1MVRNO FY2025: $11.6MFY19FY20FY21FY22FY23FY24FY25
DOLE $1.7MVRNO $11.6M

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

Questions about Dole and Verano

Which is bigger by revenue, Dole or Verano?

Dole is bigger by revenue: $9.2B in fiscal 2025, against $821.5M for Verano in fiscal 2025.

Which keeps more of its revenue as profit, Dole or Verano?

Dole had a net margin of 0.6% in fiscal 2025; Verano had -31.4% in fiscal 2025.

Which grew revenue faster, Dole or Verano?

In their latest fiscal years revenue changed by +8.2% at Dole and -6.5% at Verano.

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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