ANDE vs SEB
Andersons, Inc. and Seaboard Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | ANDE | SEB |
|---|---|---|
| Revenue | $11.0B | $9.7B |
| Net income | $95.7M | $501.0M |
| Gross margin | 6.5% | 7.1% |
| Net margin | 1.1% | 5.1% |
| Return on equity | 7.3% | 10.1% |
| Diluted EPS | · | $514.46 |
| Dividend / share | $0.79 | $9.00 |
| Payout ratio | 28.1% | 1.8% |
| Free cash flow | $-56.1M | $6.0M |
| Equity | $1.2B | $5.2B |
| Net debt / equity | 0.42× | 0.15× |
| Current ratio | 1.41× | 2.40× |
| Revenue CAGR 5y | 6.4% | 6.5% |
| Profit CAGR 5y | 65.5% | 12.1% |
ANDE and SEB book revenue within 15% of each other, and SEB keeps more of each dollar of revenue as profit (5.1% against 1.1%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | ANDE | SEB |
|---|---|---|
| FY2025 | $11.0B | $9.7B |
| FY2024 | $11.3B | $9.1B |
| FY2023 | $14.8B | $9.6B |
| FY2022 | $17.3B | $11.2B |
| FY2021 | $12.6B | $9.2B |
| FY2020 | $8.1B | $7.1B |
| FY2019 | $8.0B | $6.8B |
| FY2018 | $3.0B | $6.6B |
| FY2017 | $3.7B | $5.8B |
| FY2016 | $3.9B | $5.4B |
Bottom line
| Fiscal year | ANDE | SEB |
|---|---|---|
| FY2025 | $95.7M | $501.0M |
| FY2024 | $114.0M | $90.0M |
| FY2023 | $101.2M | $227.0M |
| FY2022 | $131.1M | $582.0M |
| FY2021 | $104.0M | $571.0M |
| FY2020 | $7.7M | $283.0M |
| FY2019 | $18.3M | $287.0M |
| FY2018 | $41.5M | $3.0M |
| FY2017 | $42.5M | $246.0M |
| FY2016 | $11.6M | $314.0M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$1,262,928,000 | ANDE |
| FY2024 | +$2,157,548,000 | ANDE |
| FY2023 | +$5,188,112,000 | ANDE |
| FY2022 | +$6,082,384,000 | ANDE |
| FY2021 | +$3,383,050,000 | ANDE |
| FY2020 | +$938,620,000 | ANDE |
| FY2019 | +$1,163,253,000 | ANDE |
| FY2018 | −$3,537,618,000 | SEB |
| FY2017 | −$2,122,655,000 | SEB |
| FY2016 | −$1,454,210,000 | SEB |
| FY2015 | −$1,395,505,000 | SEB |
| FY2014 | −$1,932,929,000 | SEB |
| FY2013 | −$1,065,426,000 | SEB |
| FY2012 | −$917,123,000 | SEB |
| FY2011 | −$1,170,571,000 | SEB |
| FY2010 | −$991,911,000 | SEB |
| FY2009 | −$576,004,000 | SEB |
The higher-revenue side has changed between ANDE and SEB over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.1 pp | SEB |
| FY2024 | +0.5 pp | ANDE |
| FY2023 | −1.5 pp | SEB |
| FY2022 | −4.2 pp | SEB |
| FY2021 | −5.1 pp | SEB |
| FY2020 | −4.1 pp | SEB |
| FY2019 | −4.0 pp | SEB |
| FY2018 | +1.3 pp | ANDE |
| FY2017 | −3.1 pp | SEB |
| FY2016 | −5.5 pp | SEB |
| FY2015 | −3.3 pp | SEB |
| FY2014 | −3.0 pp | SEB |
| FY2013 | −1.5 pp | SEB |
| FY2012 | −3.1 pp | SEB |
| FY2011 | −3.9 pp | SEB |
| FY2010 | −4.5 pp | SEB |
| FY2009 | −1.2 pp | SEB |
The higher net margin has changed hands between ANDE and SEB over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SEB's net margin has been more volatile than ANDE's over the 17 comparable fiscal years — 1.8 percentage points of standard deviation against 0.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between ANDE and SEB over these 17 fiscal years — ANDE led in 2 and SEB in 15.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
ANDE's return on equity has been more volatile than SEB's over the 17 comparable fiscal years — 5.7 percentage points of standard deviation against 4.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between ANDE and SEB over these 17 fiscal years — ANDE led in 8 and SEB in 9.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.