LMNR vs VRNO
Limoneira Co. and Verano Holdings Corp., side by side — 6 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LMNR | VRNO |
|---|---|---|
| Revenue | $159.7M | $821.5M |
| Net income | $-16.0M | $-257.9M |
| Gross margin | 3.1% | 50.3% |
| Net margin | −10.2% | −31.4% |
| Return on equity | −8.6% | −31.1% |
| Diluted EPS | −$0.93 | −$0.71 |
| Dividend / share | $0.30 | · |
| Payout ratio | −33.9% | · |
| Free cash flow | · | $11.6M |
| Equity | · | $704.2M |
| Net debt / equity | 0.39× | 0.45× |
| Current ratio | 1.35× | 2.88× |
| Revenue CAGR 5y | −0.6% | 29.2% |
| Profit CAGR 5y | · | · |
VRNO bills 5.1× the revenue of LMNR, and both closed the last reported year at a loss.
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.
6 years side by side
| Fiscal year | LMNR | VRNO |
|---|---|---|
| FY2025 | $159.7M | $821.5M |
| FY2024 | $191.5M | $878.6M |
| FY2023 | $179.9M | $938.5M |
| FY2022 | $184.6M | $879.4M |
| FY2021 | $166.0M | $737.9M |
| FY2020 | $164.6M | $228.5M |
Bottom line
| Fiscal year | LMNR | VRNO |
|---|---|---|
| FY2025 | $-16.0M | $-257.9M |
| FY2024 | $7.7M | $-341.9M |
| FY2023 | $9.4M | $-117.3M |
| FY2022 | $-236,000 | $-269.2M |
| FY2021 | $-3.4M | $-57.5M |
| FY2020 | $-16.4M | $38.4M |
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$661,781,000 | VRNO |
| FY2024 | −$687,082,000 | VRNO |
| FY2023 | −$758,551,000 | VRNO |
| FY2022 | −$694,807,000 | VRNO |
| FY2021 | −$571,823,000 | VRNO |
| FY2020 | −$63,971,000 | VRNO |
VRNO has reported the higher revenue in every one of these 6 fiscal years. The gap has widened since the earliest year compared.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
6 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +21.2 pp | LMNR |
| FY2024 | +42.7 pp | LMNR |
| FY2023 | +17.6 pp | LMNR |
| FY2022 | +30.3 pp | LMNR |
| FY2021 | +5.1 pp | LMNR |
| FY2020 | −28.5 pp | VRNO |
The higher net margin has changed hands between LMNR and VRNO over this period.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VRNO's net margin has been more volatile than LMNR's over the 6 comparable fiscal years — 19.1 percentage points of standard deviation against 6.2.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LMNR and VRNO over these 6 fiscal years — LMNR led in 5 and VRNO in 1.
6 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VRNO's return on equity has been more volatile than LMNR's over the 5 comparable fiscal years — 11.2 percentage points of standard deviation against 4.9.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
LMNR led in return on equity in every one of the 5 comparable fiscal years — a structural lead, not a recent swing.
5 of 17 comparable fiscal years — a year missing data on either side is not counted.