Andersons, Inc.

Listed Company

ANDECIK 0000821026NasdaqLarge AcceleratedWholesale-Farm Product Raw MaterialsOhioFY ends Dec 31

Period

FY 2025

Revenue

$11.01B

Net Income

$95.71M

Total Assets

$3.71B

Equity

$1.24B

Shares Out

34.05M

Op. Cash Flow

$177.00M

ANDE$79.19+117.29% · past yearDBEQ Basic

Daily closing prices

Business

Andersons, Inc. is a North American agriculture and renewable fuels company operating through two reportable segments. Agribusiness merchandises and manages logistics for commodities including corn, wheat, and soybeans; manufactures, distributes, and retails agricultural nutrients; and operates grain elevators across the United States and Canada. Renewables produces and sells ethanol and co-products through four ethanol plants and operates a merchandising portfolio of biofuels and ethanol co-products.

Summary from 10-K filed 2026-02-18

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Sales and merchandising revenues	11,009	11,258	14,750	17,325	12,612
Cost of sales and merchandising revenues	10,295	10,564	14,005	16,641	12,019
Gross profit	714	694	745	684	593
Operating, administrative and general expenses	585	504	492	458	423
Asset impairment	18	0	87	9	9
Interest expense, net	47	32	47	57	37
Other income, net	78	42	50	34	37
Income before income taxes	141	201	170	195	161
Income tax provision	22	30	37	40	29
Net income (loss)	119	171	133	167	136
Net income attributable to noncontrolling interests	24	57	31	36	32
Net income attributable to The Andersons, Inc.	96	114	101	131	104
Average number of shares outstanding basic	34	34	34	34	33
Average number of shares outstanding diluted	34	34	34	34	34
Basic earnings per share (in dollars per share)	2.81	3.35	3	3.53	2.99
Diluted earnings per share (in dollars per share)	2.79	3.32	2.94	3.46	2.94

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Cash and cash equivalents	98	562	644	115	216
Accounts receivable, less allowance for doubtful accounts of $42,554 in 2025; $48,325 in 2024	652	765	763	1,249	835
Inventories	1,365	1,287	1,167	1,732	1,815
Commodity derivative assets current	135	149	178	296	411
Other current assets	125	88	56	74	74
Total current assets	2,376	2,850	2,807	3,466	3,372
Goodwill	128	128	128	129	129
Other intangible assets, net	64	69	86	101	117
Right of use assets, net	109	105	54	62	52
Other assets	97	101	87	87	69
Total other assets	397	403	355	379	411
Property, plant and equipment, net	940	868	693	763	786
Total assets	3,713	4,121	3,855	4,608	4,569
Short-term debt	249	167	43	273	502
Trade and other payables	919	1,047	1,055	1,424	1,199
Customer prepayments and deferred revenue	195	194	187	371	358
Commodity derivative liabilities current	51	60	91	99	129
Current maturities of long-term debt	63	36	28	110	32
Accrued expenses and other current liabilities	208	227	232	246	230
Total current liabilities	1,686	1,731	1,636	2,521	2,464
Long-term lease liabilities	72	65	32	37	31
Long-term debt, less current maturities	560	608	563	493	600
Other long-term liabilities	105	117	49	63	79
Total liabilities	2,423	2,521	2,339	3,178	3,262
Commitments and contingencies (Note 12)	—	—	—	—	—
Common shares, without par value (63,000 shares authorized; 34,211 shares issued in 2025 and 34,083 in 2024)	144,000	142,000	142,000	142,000	140,000
Preferred shares, without par value (1,000 shares authorized; none issued)	0	0	0	0	0
Additional paid-in capital	208	386	387	385	369
Treasury shares, at cost (370 shares in 2025; 70 in 2024)	−14	−3	−10	−15	−263,000
Accumulated other comprehensive income	11	13	23	20	1
Retained earnings	1,039	971	883	808	703
Total shareholders equity of The Andersons, Inc.	1,245	1,366	1,283	1,199	1,072
Noncontrolling interests	45	234	233	231	235
Total equity	1,290	1,600	1,516	1,430	1,308
Total liabilities and equity	3,713	4,121	3,855	4,608	4,569
Common Stock, Shares, Issued	34	34	34	34	34

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2025 2025-12-31	FY 2024 2024-12-31	FY 2023 2023-12-31	FY 2022 2022-12-31	FY 2021 2021-12-31
Depreciation and amortization	133	128	125	135	179
Bad debt expense, net	5	18	12	6	237,000
Stock-based compensation expense	17	14	13	11	11
Deferred income taxes	−6	−3	−2	−20	−105
Asset impairment	18	0	87	12	9
Other	−8	−4	−16	14	−481,000
Accounts and notes receivable	105	36	469	−391	−184
Inventories	−72	88	572	57	−528
Commodity derivatives	6	15	112	65	−107
Other current and non-current assets	5	−28	7	11	−116
Payables and other current and non-current liabilities	−144	−102	−564	230	668
Net cash provided by operating activities	177	332	947	287	−51
Purchases of property, plant and equipment and capitalized software	−233	−149	−150	−108	−76
Property insurance proceeds	28	12	7	4	—
Proceeds from sale of businesses	11	0	10	5	18
Acquisition of businesses, net of cash acquired	0	−29	−25	−20	−11
Other	−2	3	3	5	2
Net cash used in investing activities	−195	−163	−154	−53	487
Net (payments) receipts under short-term lines of credit	80	−92	−234	−21	−106
Payments of long-term debt	−36	−84	−50	−30	−531
Purchase of noncontrolling interest in a subsidiary	−425	0	0	—	—
Distributions to noncontrolling interest owner	−34	−102	−46	−45	−25,000
Dividends paid	−27	−26	−25	−25	−24
Common stock repurchased	−15	−2	−2	−13	0
Proceeds from issuance of long-term debt	15	67	100	0	203
Other	−5	−11	−7	2	9
Net cash used in financing activities	−447	−250	−264	−335	−249
Effect of exchange rates on cash and cash equivalents	2	−156,000	−293,000	−660,000	−108,000
(Decrease) increase in Cash and cash equivalents	−463	−82	529	−101	187

Filings

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Frequently asked questions

What is Andersons, Inc.'s CIK number?

Andersons, Inc.'s SEC CIK number is 0000821026 (821026). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find Andersons, Inc.'s SEC filings?

All of Andersons, Inc.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did Andersons, Inc. last report earnings?

Andersons, Inc. (ANDE) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000821026-26-000067). This is Andersons, Inc.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is Andersons, Inc.'s most recent earnings 8-K?

Andersons, Inc.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0000821026-26-000067. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View Andersons, Inc.'s latest earnings 8-K →
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