The Andersons (ANDE) Financial Statements
Price: $43.26
Market Cap: $1.48B
Avg Volume: 341.95K
Market Cap: $1.48B
Avg Volume: 341.95K
Country: US
Industry: Food Distribution
Sector: Consumer Defensive
Industry: Food Distribution
Sector: Consumer Defensive
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of The Andersons.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.26B | $14.75B | $17.33B | $12.61B | $8.21B | $8.17B | $3.05B | $3.69B | $3.92B | $4.20B |
| Cost of Revenue | $10.56B | $14.00B | $16.64B | $12.02B | $7.80B | $7.65B | $2.74B | $3.37B | $3.58B | $3.82B |
| Gross Profit | $693.93M | $745.36M | $684.16M | $592.70M | $404.92M | $517.89M | $302.00M | $318.80M | $345.51M | $375.84M |
| Gross Profit Ratio | 6.16% | 5.10% | 3.95% | 4.70% | 4.93% | 6.34% | 9.92% | 8.65% | 8.80% | 8.95% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $503.62M | $492.26M | $466.56M | $423.75M | $399.21M | $436.84M | $257.87M | $287.93M | $318.39M | $389.56M |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $2.50M | $4.90M | $5.20M |
| Selling General and Administrative Expenses | $503.62M | $492.26M | $466.56M | $423.75M | $399.21M | $436.84M | $257.87M | $287.93M | $318.39M | $389.56M |
| Other Expenses | $- | $- | $33.82M | $32.60M | $20.45M | $20.11M | $16.00M | $23.44M | $14.78M | $46.47M |
| Operating Expenses | $503.62M | $492.26M | $466.56M | $423.75M | $399.21M | $436.84M | $257.87M | $287.93M | $318.39M | $389.56M |
| Cost and Expenses | $11.07B | $14.50B | $17.11B | $12.44B | $8.20B | $8.09B | $3.00B | $3.66B | $3.90B | $4.21B |
| Interest Income | $- | $- | $56.85M | $37.29M | $33.78M | $43.20M | $- | $- | $- | $- |
| Interest Expense | $31.76M | $46.87M | $56.85M | $37.29M | $51.27M | $59.69M | $27.85M | $21.57M | $21.12M | $20.07M |
| Depreciation and Amortization | $127.80M | $125.11M | $134.74M | $178.93M | $188.64M | $146.17M | $90.30M | $86.41M | $84.33M | $78.46M |
| EBITDA | $360.32M | $341.54M | $361.35M | $378.27M | $195.42M | $197.22M | $134.43M | $118.22M | $113.74M | $116.47M |
| EBITDA Ratio | 3.20% | 2.32% | 2.23% | 3.06% | 2.62% | 1.58% | 2.87% | 1.93% | 1.31% | 1.54% |
| Operating Income | $190.31M | $253.10M | $251.43M | $206.38M | $26.80M | $-17.15M | $44.13M | $30.87M | $27.11M | $-13.72M |
| Operating Income Ratio | 1.69% | 1.72% | 1.45% | 1.64% | 0.33% | -0.21% | 1.45% | 0.84% | 0.69% | -0.33% |
| Total Other Income Expenses Net | $10.45M | $-83.54M | $-32.03M | $-9.81M | $-32.80M | $-23.95M | $9.02M | $-52.33M | $-8.03M | $1.87M |
| Income Before Tax | $200.76M | $169.56M | $194.58M | $160.77M | $-24.47M | $28.11M | $53.16M | $-20.52M | $21.38M | $-11.56M |
| Income Before Tax Ratio | 1.78% | 1.15% | 1.12% | 1.27% | -0.30% | 0.34% | 1.75% | -0.56% | 0.54% | -0.28% |
| Income Tax Expense | $30.06M | $37.03M | $39.63M | $29.23M | $-10.26M | $13.05M | $11.93M | $-61.82M | $6.91M | $-242.00K |
| Net Income | $114.01M | $101.19M | $131.08M | $103.99M | $-14.21M | $18.31M | $41.48M | $41.20M | $11.59M | $-13.07M |
| Net Income Ratio | 1.01% | 0.69% | 0.76% | 0.82% | -0.17% | 0.22% | 1.36% | 1.12% | 0.30% | -0.31% |
| EPS | $3.35 | $3.00 | $3.08 | $3.17 | $-0.43 | $0.56 | $1.47 | $1.46 | $0.41 | $-0.46 |
| EPS Diluted | $3.32 | $2.94 | $3.02 | $3.12 | $-0.43 | $0.55 | $1.46 | $1.46 | $0.41 | $-0.46 |
| Weighted Average Shares Outstanding | 34.03M | 33.72M | 33.73M | 33.28M | 32.92M | 32.57M | 28.22M | 28.13M | 28.19M | 28.29M |
| Weighted Average Shares Outstanding Diluted | 34.32M | 34.38M | 34.42M | 33.85M | 33.19M | 33.10M | 28.41M | 28.22M | 28.28M | 28.41M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $561.77M | $643.85M | $115.27M | $216.44M | $29.12M | $54.90M | $22.59M | $34.92M | $62.63M | $63.75M |
| Short Term Investments | $- | $- | $8.76M | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $561.77M | $643.85M | $115.27M | $216.44M | $29.12M | $54.90M | $22.59M | $34.92M | $62.63M | $63.75M |
| Net Receivables | $764.55M | $762.55M | $1.25B | $835.18M | $641.33M | $536.37M | $207.28M | $183.24M | $194.70M | $170.91M |
| Inventory | $1.29B | $1.17B | $1.73B | $1.81B | $1.30B | $1.17B | $690.80M | $648.70M | $682.75M | $747.40M |
| Other Current Assets | $237.15M | $233.86M | $370.08M | $506.17M | $452.89M | $183.54M | $102.52M | $132.35M | $118.05M | $147.46M |
| Total Current Assets | $2.85B | $2.81B | $3.47B | $3.37B | $2.42B | $1.96B | $1.02B | $999.14M | $1.06B | $1.13B |
| Property Plant Equipment Net | $972.78M | $747.60M | $824.62M | $838.17M | $1.53B | $1.60B | $998.50M | $808.12M | $777.25M | $844.71M |
| Goodwill | $127.86M | $127.86M | $129.34M | $129.34M | $135.71M | $137.78M | $6.02M | $6.02M | $63.93M | $63.93M |
| Intangible Assets | $69.34M | $85.58M | $100.91M | $117.14M | $142.94M | $175.31M | $99.14M | $112.89M | $106.10M | $120.24M |
| Goodwill and Intangible Assets | $197.20M | $213.44M | $230.25M | $246.48M | $278.65M | $313.09M | $105.16M | $118.92M | $170.03M | $184.17M |
| Long Term Investments | $- | $- | $38.92M | $-71.13M | $-170.15M | $23.86M | $242.33M | $223.24M | $216.93M | $242.11M |
| Tax Assets | $- | $- | $64.08M | $71.13M | $170.15M | $949.00K | $130.09M | $121.73M | $-169.93M | $6.77M |
| Other Non-Current Assets | $101.06M | $87.01M | $-15.82M | $112.24M | $49.91M | $20.80M | $-107.27M | $-108.86M | $180.44M | $-48.18M |
| Total Non-Current Assets | $1.27B | $1.05B | $1.14B | $1.20B | $1.86B | $1.96B | $1.37B | $1.16B | $1.17B | $1.23B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $4.12B | $3.86B | $4.61B | $4.57B | $4.27B | $3.92B | $2.39B | $2.16B | $2.23B | $2.36B |
| Account Payables | $1.05B | $1.06B | $1.42B | $1.20B | $954.81M | $873.08M | $462.54M | $503.57M | $581.83M | $668.79M |
| Short Term Debt | $166.61M | $301.71M | $408.09M | $553.63M | $485.66M | $227.57M | $226.59M | $76.20M | $76.55M | $44.78M |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $194.03M | $187.05M | $370.52M | $358.12M | $180.16M | $133.59M | $32.53M | $59.71M | $48.59M | $66.76M |
| Other Current Liabilities | $323.10M | $324.27M | $319.07M | $352.86M | $491.22M | $205.69M | $111.69M | $99.23M | $92.81M | $107.71M |
| Total Current Liabilities | $1.73B | $1.64B | $2.52B | $2.46B | $1.93B | $1.45B | $833.35M | $738.72M | $799.78M | $888.04M |
| Long Term Debt | $65.31M | $594.62M | $529.66M | $631.81M | $906.29M | $1.06B | $496.19M | $442.64M | $411.06M | $436.21M |
| Deferred Revenue Non-Current | $- | $- | $- | $16.12M | $- | $25.86M | $23.43M | $27.54M | $35.37M | $46.87M |
| Deferred Tax Liabilities Non-Current | $55.01M | $58.58M | $64.08M | $71.13M | $170.15M | $149.39M | $130.09M | $122.97M | $182.11M | $186.07M |
| Other Non-Current Liabilities | $669.99M | $49.09M | $63.16M | $94.65M | $103.34M | $208.94M | $55.62M | $158.10M | $49.20M | $65.04M |
| Total Non-Current Liabilities | $790.31M | $702.29M | $656.90M | $797.59M | $1.18B | $1.26B | $681.89M | $601.98M | $642.38M | $687.33M |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $2.52B | $2.34B | $3.18B | $3.26B | $3.11B | $2.72B | $1.52B | $1.34B | $1.44B | $1.58B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $46.44M | $6.39M | $16.34M | $19.48M |
| Common Stock | $142.00K | $142.00K | $142.00K | $140.00K | $138.00K | $137.00K | $96.00K | $96.00K | $96.00K | $96.00K |
| Retained Earnings | $970.71M | $882.94M | $807.77M | $702.76M | $626.08M | $642.69M | $647.52M | $633.50M | $609.21M | $615.15M |
| Accumulated Other Comprehensive Income Loss | $12.59M | $22.86M | $20.48M | $1.19M | $-12.08M | $-7.23M | $-6.39M | $-2.70M | $-12.47M | $-20.94M |
| Other Total Stockholders Equity | $382.75M | $376.95M | $370.20M | $368.33M | $347.75M | $338.02M | $189.10M | $184.31M | $177.53M | $169.95M |
| Total Stockholders Equity | $1.37B | $1.28B | $1.43B | $1.07B | $1.16B | $1.20B | $876.76M | $821.59M | $790.70M | $783.74M |
| Total Equity | $1.60B | $1.52B | $1.66B | $1.31B | $1.36B | $1.42B | $923.21M | $829.29M | $807.03M | $803.22M |
| Total Liabilities and Stockholders Equity | $4.12B | $3.86B | $4.61B | $4.57B | $4.27B | $3.92B | $2.39B | $2.16B | $2.23B | $2.36B |
| Minority Interest | $233.65M | $233.49M | $231.17M | $235.28M | $198.77M | $222.04M | $46.44M | $7.70M | $16.34M | $19.48M |
| Total Liabilities and Total Equity | $4.12B | $3.86B | $4.61B | $4.57B | $4.27B | $3.92B | $2.39B | $2.16B | $2.23B | $2.36B |
| Total Investments | $- | $-58.58M | $38.92M | $-71.13M | $-170.15M | $23.86M | $242.33M | $223.24M | $216.93M | $242.11M |
| Total Debt | $231.93M | $665.29M | $912.39M | $1.17B | $1.43B | $1.28B | $722.78M | $494.54M | $473.61M | $480.98M |
| Net Debt | $-329.85M | $21.43M | $797.13M | $949.41M | $1.40B | $1.22B | $700.18M | $459.62M | $410.98M | $417.23M |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $170.70M | $101.19M | $166.98M | $135.87M | $-14.21M | $15.06M | $41.23M | $42.61M | $14.47M | $-11.32M |
| Depreciation and Amortization | $127.80M | $125.11M | $134.74M | $178.93M | $188.64M | $146.17M | $90.30M | $86.41M | $84.33M | $78.46M |
| Deferred Income Tax | $-2.91M | $-1.60M | $-20.01M | $-104.62M | $26.39M | $5.11M | $11.02M | $-63.23M | $6.03M | $27.28M |
| Stock Based Compensation | $13.63M | $12.86M | $11.19M | $11.04M | $10.18M | $16.23M | $6.62M | $6.10M | $6.99M | $1.90M |
| Change in Working Capital | $8.24M | $595.52M | $-27.92M | $-267.85M | $-312.89M | $155.96M | $-152.10M | $-33.65M | $-83.53M | $-14.08M |
| Accounts Receivables | $- | $468.97M | $-391.40M | $-184.00M | $-128.50M | $1.49M | $-24.79M | $9.78M | $-26.43M | $45.06M |
| Inventory | $87.91M | $572.24M | $56.86M | $-528.07M | $-139.50M | $-1.58M | $-44.06M | $16.14M | $28.16M | $73.35M |
| Accounts Payables | $- | $- | $230.29M | $551.42M | $70.28M | $134.34M | $-66.64M | $-79.86M | $-75.28M | $-146.58M |
| Other Working Capital | $-79.66M | $-445.68M | $76.33M | $-107.19M | $-115.17M | $21.71M | $-16.61M | $-59.58M | $-85.27M | $-132.48M |
| Other Non Cash Items | $14.04M | $113.67M | $22.13M | $-4.42M | $27.47M | $10.03M | $-32.58M | $37.05M | $11.31M | $71.90M |
| Net Cash Provided by Operating Activities | $331.51M | $946.75M | $287.12M | $-51.05M | $-74.43M | $348.56M | $-35.52M | $75.28M | $39.59M | $154.13M |
| Investments in Property Plant and Equipment | $-149.19M | $-150.44M | $-139.74M | $-81.81M | $-104.89M | $-270.48M | $-309.58M | $-177.62M | $-163.01M | $-187.50M |
| Acquisitions Net | $-29.17M | $-14.38M | $-15.07M | $6.71M | $29.77M | $-102.58M | $-3.33M | $-8.12M | $6.66M | $-127.87M |
| Purchases of Investments | $- | $-1.73M | $-2.10M | $-6.24M | $-3.06M | $-1.49M | $-1.09M | $-5.68M | $111.58M | $-938.00K |
| Sales Maturities of Investments | $- | $- | $- | $562.25M | $-29.77M | $18.09M | $- | $1.07M | $15.01M | $1.62M |
| Other Investing Activities | $15.29M | $12.67M | $104.02M | $6.34M | $21.19M | $31.43M | $126.92M | $72.25M | $113.11M | $76.89M |
| Net Cash Used for Investing Activities | $-163.07M | $-153.88M | $-52.90M | $487.25M | $-86.76M | $-325.03M | $-185.99M | $-113.49M | $-28.22M | $-238.48M |
| Debt Repayment | $-108.54M | $-183.32M | $-251.32M | $-233.63M | $-87.81M | $35.29M | $193.91M | $32.12M | $-1.82M | $104.29M |
| Common Stock Issued | $- | $- | $- | $6.67M | $- | $- | $- | $- | $1.03M | $468.00K |
| Common Stock Repurchased | $-2.29M | $-1.75M | $-12.72M | $-6.67M | $- | $- | $- | $- | $- | $-49.09M |
| Dividends Paid | $-26.27M | $-25.37M | $-24.61M | $-23.75M | $-23.00M | $-22.12M | $-18.64M | $-18.15M | $-17.36M | $-15.92M |
| Other Financing Activities | $-113.25M | $-53.56M | $-46.08M | $8.61M | $247.10M | $-4.46M | $33.91M | $-3.47M | $5.67M | $-5.89M |
| Net Cash Used Provided by Financing Activities | $-250.36M | $-263.99M | $-334.73M | $-248.77M | $136.30M | $8.71M | $209.19M | $10.50M | $-12.49M | $33.39M |
| Effect of Forex Changes on Cash | $-156.00K | $-293.00K | $-660.00K | $-108.00K | $-880.00K | $65.00K | $- | $- | $- | $- |
| Net Change in Cash | $-82.08M | $528.59M | $-101.17M | $187.32M | $-25.77M | $32.30M | $-12.33M | $-27.71M | $-1.12M | $-50.95M |
| Cash at End of Period | $561.77M | $643.85M | $115.27M | $216.44M | $29.12M | $54.90M | $22.59M | $34.92M | $62.63M | $63.75M |
| Cash at Beginning of Period | $643.85M | $115.27M | $216.44M | $29.12M | $54.90M | $22.59M | $34.92M | $62.63M | $63.75M | $114.70M |
| Operating Cash Flow | $331.51M | $946.75M | $287.12M | $-51.05M | $-74.43M | $348.56M | $-35.52M | $75.28M | $39.59M | $154.13M |
| Capital Expenditure | $-149.19M | $-150.44M | $-139.74M | $-81.81M | $-104.89M | $-270.48M | $-309.58M | $-177.62M | $-163.01M | $-187.50M |
| Free Cash Flow | $182.32M | $796.31M | $147.38M | $-132.85M | $-179.32M | $78.08M | $-345.10M | $-102.34M | $-123.42M | $-33.37M |