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NYSE · SERVICES-BUSINESS SERVICES, NEC

Andersen Group Inc. ANDG

3 fiscal years on record · USD · FY2025 reported · SEC filings only
$838.7M
▲ 14.6% YoY
$-2.3M
▼ 101.7% YoY
$174.3M
▲ 21.3% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

The company provides independent tax, valuation, and financial advisory services to individuals and family offices, businesses, and institutional clients in the United States. The company employed over 2,300 people across 26 locations in the United States for the year ended December 31, 2025. As of December 31, 2025, it had performed services for approximately 12,350 client groups across the United States. Its primary end-to-end services offerings are Private Client Services, covering tax and financial services for individuals and families; Business Tax Services, covering tax-related consulting and compliance services for businesses; Alternative Investment Funds, covering tax and financial services for investment funds; and Valuation Services, covering valuation expertise related to tax laws and regulatory compliance. Its global reach is facilitated through membership in Andersen Global, a Swiss association of over 300 member and collaborating firms. The company was founded in 2002 by leaders and partners of the former Arthur Andersen.

Written from the business description in Andersen Group Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 27 March 2026. Every sentence was checked against that document before publication.

Growth

USD 838.7M
Revenue, FY2025 · full 3-year series below
Revenue $M Net income $M
FY2025 · Revenue 838.7 · Net income -2.3
300M600M
202320242025
Compound annual growth
3 yrs
5 yrs
10 yrs
15 yrs

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−16 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -16.1% · Net -15.5%
5%10%15%-5%-10%-15%
202320242025
ROE

No chart to show — the reason differs by year; see each year in the table below.

Three returns, three denominators.
Return on equityNot applicable: equity was zero or negative in this period, so return on equity has no meaning.

Return on equity has no reading this year — return on capital employed, just below, still does: -40%.

Cash & shareholders

USD 212.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 174.3
100M200M
202320242025
Net buybacks $M Dividends $M
FY2025 · Dividends 212.2 · Net buybacks ·
100M200M
2025

USD 212.2M in dividends went back to shareholders in a year without profit.

Total assetsUSD 565.1M
EquityUSD -134.7M
CashUSD 250.3M
Gross debtUSD 350.1M
Net debtUSD 99.8M
Current ratio2.10×

Equity was zero or negative — liabilities equaled or exceeded assets. No ratio is shown.

The 3-year record

3 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
ANDG, 3-year financial record
Metric 202520242023
Revenue $B0.80.70.6
Operating income $B−0.10.10.1
EBITDA $B−0.10.10.1
Income tax $B0.00.00.0
Net income $B−0.00.10.1
Free cash flow $B0.20.10.1
EPS, diluted $◌◌◌
Dividend / sh $◌◌◌
Payout %−9131——
ROE %—◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 7 reconciliationsAUDITED

Reconciled in 3 of the 3 fiscal years we could check. 34 checks were skipped: the balance sheet is not tagged before 2024. 16 checks were skipped: revenue is not tagged before 2023.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityServices-Business Services, NEC
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
SEC categoryemerging growth company
Data on record since2023

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