The Andersons, Inc.
NASDAQ•ANDE
CEO: Mr. William E. Krueger
Sector: Consumer Defensive
Industry: Food Distribution
Listing Date: 1996-02-20
The Andersons, Inc. operates in trade, renewables, and nutrient and industrial sectors in the United States, Canada, Mexico, Egypt, Switzerland, and internationally. It operates through three segments: Trade, Renewables, and Nutrient & Industrial. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services, as well as sells commodities, such as corn, soybeans, wheat, oats, ethanol, and corn oil. This segment also engages in the commodity merchandising business, as well as offers logistics for physical commodities, such as whole grains, grain products, feed ingredients, domestic fuel products, and other agricultural commodities. Its Renewables segment produces, purchases, and sells ethanol, and co-products, as well as offers facility operations, risk management, and marketing services to the ethanol plants it invests in and operates. The company's Nutrient & Industrial segment manufactures, distributes, and retails agricultural and related plant nutrients, liquid industrial products, corncob-based products, and pelleted lime and gypsum products, as well as turf fertilizer, pesticide, and herbicide products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. In addition, this segment produces corncob-based products for laboratory animal bedding and private-label cat litter, as well as absorbents, blast cleaners, carriers, and polishers; professional lawn care products for golf course and turf care markets; fertilizer and weed, and pest control products; dry and liquid agricultural nutrients, pelleted lime, gypsum, and soil amendments; and micronutrients, as well as industrial products comprising nitrogen reagents, calcium nitrate, deicers, and dust abatement products. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.
Contact Information
Market Cap
$2.15B
P/E (TTM)
22.6
29.4
Dividend Yield
1.2%
52W High
$70.06
52W Low
$31.03
52W Range
Rank37Top 34.1%
4.4
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Average • 4.4 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$2.54B+0.00%
4-Quarter Trend
EPS
$1.98+0.00%
4-Quarter Trend
FCF
-$77.10M+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
TAMH Acquisition Finalized Completed 100% ownership of TAMH for $425.0M cash, generating nearly $40M incremental income in H2 2025.
Clean Fuel Tax Credits Realized Recognized $35M in Section 45Z clean fuel production tax credits in 2025, supporting segment results.
Agribusiness Gross Profit Rises Gross profit reached $713.7M, boosted by $33.9M from the full year impact of the Skyland investment.
Risk Factors
Commodity Price Volatility Risk Adverse price changes expose profitability; inventory value decreases if raw material costs rise without corresponding fuel price increases.
Ethanol Margin Cost Pressure Higher corn basis and natural gas costs offset strong ethanol plant operations, decreasing gross profit by $14.2M.
Cybersecurity Incident Exposure Risk of breaches from internal error or external parties could disrupt operations, cause financial exposure, and damage reputation.
Outlook
2026 Capital Expenditure Forecast Expect $200M to $225M investment in property, plant, and equipment for 2026, split 50% growth/maintenance.
Agribusiness Asset Performance Complementary assets expected to provide uplift in 2026 via traditional basis appreciation and continued strong export demand.
Biofuels Policy Supports Fundamentals Favorable biofuels policies and robust Renewable Volume Obligations expected to support ethanol fundamentals throughout the coming year.
Peer Comparison
Revenue (TTM)
$11.01B
$5.42B
$4.91B
Gross Margin (Latest Quarter)
63.4%
55.9%
50.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| TR | $3.11B | 30.2 | 11.0% | 1.1% |
| CENT | $2.34B | 14.8 | 9.9% | 44.1% |
| ANDE | $2.15B | 22.6 | 7.4% | 28.1% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.6%
Flat Growth
4Q Net Income CAGR
519.2%
Profitability Improved
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:May 4, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
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No Data