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Andersons (ANDE) Financials

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$37.61 -0.60 (-1.57%)
As of 01:56 PM Eastern
Annual Income Statements for Andersons

Annual Income Statements for Andersons

This table shows Andersons' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Income / (Loss) Attributable to Common Shareholders
110 -13 12 43 41 18 7.71 104 131 101 114
Consolidated Net Income / (Loss)
123 -11 14 43 41 15 -14 136 167 133 171
Net Income / (Loss) Continuing Operations
123 -11 14 43 41 3.88 -16 132 155 133 171
Total Pre-Tax Income
184 -12 21 -21 53 13 -27 161 195 170 201
Total Operating Income
78 -70 20 -38 38 9.85 -11 161 218 166 190
Total Gross Profit
397 376 346 319 302 461 366 593 684 745 694
Total Revenue
4,540 4,198 3,925 3,686 3,045 8,003 8,065 12,612 17,325 14,750 11,258
Operating Revenue
4,540 4,198 3,925 3,686 3,045 8,003 8,065 12,612 17,325 14,750 11,258
Total Cost of Revenue
4,143 3,823 3,579 3,368 2,743 7,542 7,698 12,019 16,641 14,005 10,564
Operating Cost of Revenue
4,143 3,823 3,579 3,368 2,743 7,542 7,698 12,019 16,641 14,005 10,564
Total Operating Expenses
319 446 325 357 264 451 378 432 467 579 504
Selling, General & Admin Expense
- - - - 258 410 378 423 458 492 504
Impairment Charge
3.09 56 9.11 70 6.27 41 - 8.95 9.00 87 0.00
Total Other Income / (Expense), net
106 58 1.08 18 15 3.18 -16 0.15 -23 3.62 10
Interest Expense
22 20 21 22 28 43 34 37 57 47 32
Other Income / (Expense), net
31 46 12 23 16 19 18 37 34 50 42
Income Tax Expense
62 -0.24 6.91 -63 12 9.15 -11 29 40 37 30
Net Income / (Loss) Discontinued Operations
- - - - - 11 1.96 4.32 12 0.00 0.00
Net Income / (Loss) Attributable to Noncontrolling Interest
13 1.75 2.88 0.10 -0.26 -3.25 -22 32 36 31 57
Basic Earnings per Share
$3.85 ($0.46) $0.41 $1.51 $1.47 $0.56 $0.23 $3.12 $3.89 $3.00 $3.35
Weighted Average Basic Shares Outstanding
28.80M 28M 28.19M 28.13M 28.26M 32.57M 32.92M 33.28M 33.73M 33.72M 34.03M
Diluted Earnings per Share
$3.84 ($0.46) $0.41 $1.50 $1.46 $0.55 $0.23 $3.07 $3.81 $2.94 $3.32
Weighted Average Diluted Shares Outstanding
28.80M 28M 28.19M 28.13M 28.45M 33.10M 33.19M 33.86M 34.42M 34.38M 34.32M
Weighted Average Basic & Diluted Shares Outstanding
28.80M 28M 28.19M 28.13M 28.26M 32.80M 33.20M 33.70M 33.54M 33.83M 34.03M
Cash Dividends to Common per Share
$0.47 $0.58 $0.63 $0.65 $0.67 $0.69 $0.70 $0.71 $0.73 $0.75 $0.77

Quarterly Income Statements for Andersons

This table shows Andersons' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Income / (Loss) Attributable to Common Shareholders
37 9.02 -15 55 9.71 51 5.58 36 27 45
Consolidated Net Income / (Loss)
44 15 -59 83 31 78 13 52 51 54
Net Income / (Loss) Continuing Operations
25 21 -59 83 31 78 13 52 51 54
Total Pre-Tax Income
35 31 -65 104 38 92 14 57 62 67
Total Operating Income
48 34 -56 106 31 85 8.96 59 57 66
Total Gross Profit
164 170 148 222 158 218 128 175 177 213
Total Revenue
4,219 4,677 3,881 4,020 3,636 3,213 2,718 2,795 2,621 3,123
Operating Revenue
4,219 4,677 3,881 4,020 3,636 3,213 2,718 2,795 2,621 3,123
Total Cost of Revenue
4,056 4,507 3,733 3,798 3,478 2,995 2,590 2,620 2,444 2,910
Operating Cost of Revenue
4,056 4,507 3,733 3,798 3,478 2,995 2,590 2,620 2,444 2,910
Total Operating Expenses
116 136 204 116 126 133 119 117 120 147
Selling, General & Admin Expense
116 127 117 116 126 133 119 117 120 147
Total Other Income / (Expense), net
-14 -2.45 -8.62 -1.51 6.99 6.76 5.01 -1.41 5.56 1.30
Interest Expense
15 14 17 14 8.19 8.10 6.52 6.61 8.36 10
Other Income / (Expense), net
1.48 12 8.00 12 15 15 12 5.20 14 12
Income Tax Expense
9.84 9.93 -5.88 22 7.86 13 1.30 4.88 11 13
Net Income / (Loss) Attributable to Noncontrolling Interest
7.52 6.07 -44 28 21 27 7.08 16 24 9.01
Basic Earnings per Share
$1.08 $0.29 ($0.44) $1.63 $0.29 $1.52 $0.16 $1.06 $0.80 $1.33
Weighted Average Basic Shares Outstanding
33.83M 33.73M 33.62M 33.74M 33.75M 33.72M 33.93M 34.06M 34.07M 34.03M
Diluted Earnings per Share
$1.06 $0.27 ($0.44) $1.61 $0.28 $1.49 $0.16 $1.05 $0.80 $1.31
Weighted Average Diluted Shares Outstanding
34.41M 34.42M 33.62M 34.17M 34.27M 34.38M 34.24M 34.34M 34.36M 34.32M
Weighted Average Basic & Diluted Shares Outstanding
33.50M 33.54M 33.73M 33.75M 33.75M 33.83M 34.05M 34.07M 34.07M 34.03M

Annual Cash Flow Statements for Andersons

This table details how cash moves in and out of Andersons' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Net Change in Cash & Equivalents
-194 -51 -1.12 -28 -12 32 -26 187 -101 529 -82
Net Cash From Operating Activities
-10 154 40 75 -36 349 -74 -51 287 947 332
Net Cash From Continuing Operating Activities
-10 154 40 75 -36 349 -74 -55 275 947 334
Net Income / (Loss) Continuing Operations
123 -11 14 43 41 15 -14 132 155 133 171
Consolidated Net Income / (Loss)
123 -11 14 43 41 15 -14 136 167 133 171
Net Income / (Loss) Discontinued Operations
- - - - - - - 4.32 12 0.00 0.00
Depreciation Expense
62 78 84 86 90 146 189 179 135 125 128
Non-Cash Adjustments To Reconcile Net Income
8.70 74 18 43 -26 26 38 6.61 33 95 28
Changes in Operating Assets and Liabilities, net
-203 13 -78 -97 -141 161 -287 -372 -48 594 8.24
Net Cash From Investing Activities
-90 -238 -28 -113 -186 -325 -87 487 -53 -154 -163
Net Cash From Continuing Investing Activities
-90 -238 -28 -113 -186 -325 -87 487 -53 -154 -163
Purchase of Property, Plant & Equipment
-60 -72 -78 -35 -143 -165 -77 -76 -108 -150 -149
Acquisitions
-20 -129 -2.52 -9.19 -3.33 -104 -3.06 -18 -20 -25 -29
Divestitures
0.00 - - - - 25 0.00 561 61 10 0.00
Other Investing Activities, net
-58 -38 -27 -105 -88 -86 -18 15 14 11 15
Net Cash From Financing Activities
-95 33 -12 10 209 8.71 136 -249 -335 -264 -250
Net Cash From Continuing Financing Activities
-95 33 -12 10 209 8.71 136 -249 -335 -264 -250
Repayment of Debt
-74 -95 -99 -68 -124 -618 -566 -1,036 -599 -284 -86
Repurchase of Common Equity
0.00 -49 - - -10 - 0.00 0.00 -13 -1.75 -2.30
Payment of Dividends
-27 -19 -23 -19 -19 -22 -33 -24 -70 -72 -129
Issuance of Debt
3.41 197 110 97 315 923 472 811 350 100 -25
Other Financing Activities, net
1.81 - 0.00 0.00 - -279 255 - -3.38 -6.63 -8.11
Effect of Exchange Rate Changes
- - - 0.00 0.00 0.07 -0.88 -0.11 -0.66 -0.29 -0.16

Quarterly Cash Flow Statements for Andersons

This table details how cash moves in and out of Andersons' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Net Change in Cash & Equivalents
37 -8.11 -44 25 322 226 -360 246 -76 108
Net Cash From Operating Activities
568 440 -334 541 489 251 -240 304 -2.11 269
Net Cash From Continuing Operating Activities
549 447 -334 541 489 251 -240 304 -2.11 272
Net Income / (Loss) Continuing Operations
25 21 -59 83 31 78 13 52 51 54
Consolidated Net Income / (Loss)
44 15 -59 83 31 78 13 52 51 54
Depreciation Expense
33 33 32 30 31 31 31 30 30 36
Non-Cash Adjustments To Reconcile Net Income
-41 62 85 3.18 0.40 6.69 4.80 6.03 4.33 13
Changes in Operating Assets and Liabilities, net
532 330 -392 425 427 134 -288 216 -88 169
Net Cash From Investing Activities
33 -56 -20 -52 -46 -37 -22 -36 -32 -72
Net Cash From Continuing Investing Activities
33 -56 -20 -52 -46 -37 -22 -36 -32 -72
Purchase of Property, Plant & Equipment
-29 -36 -25 -50 -34 -42 -27 -29 -38 -56
Acquisitions
- -20 - - -24 -0.31 - - - -20
Other Investing Activities, net
-1.93 5.27 5.66 -2.35 2.20 5.42 4.72 2.09 5.39 3.09
Net Cash From Financing Activities
-547 -410 309 -464 -121 12 -98 -22 -43 -88
Net Cash From Continuing Financing Activities
-547 -410 309 -464 -121 12 -98 -22 -43 -88
Repayment of Debt
-870 -19 -32 -180 -95 22 -6.87 -45 31 -66
Payment of Dividends
-31 -16 -16 -21 -26 -8.72 -51 -8.97 -46 -22
Issuance of Debt
361 -361 364 -264 - - -32 32 -27 2.10
Other Financing Activities, net
- -5.06 -6.62 - -0.01 -0.00 -8.07 - -0.03 -0.00
Effect of Exchange Rate Changes
- - - - -0.47 -0.10 - - 0.91 -0.86

Annual Balance Sheets for Andersons

This table presents Andersons' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Total Assets
2,365 2,359 2,233 2,162 2,392 3,901 4,272 4,569 4,608 3,855 4,121
Total Current Assets
1,254 1,130 1,058 999 1,023 1,945 2,416 3,372 3,466 2,807 2,850
Cash & Equivalents
115 64 63 35 23 55 29 216 115 644 562
Note & Lease Receivable
183 171 195 183 207 536 641 835 1,249 763 765
Inventories, net
796 747 683 649 691 1,171 1,293 1,815 1,732 1,167 1,287
Other Current Assets
153 140 118 94 51 108 420 485 370 234 237
Plant, Property, & Equipment, net
709 793 777 808 998 1,523 860 786 763 693 868
Total Noncurrent Assets
401 436 397 355 370 433 995 411 379 355 403
Goodwill
72 64 64 6.02 6.02 135 132 129 129 128 128
Intangible Assets
67 120 106 113 99 175 140 117 101 86 69
Other Noncurrent Operating Assets
35 9.93 11 13 23 122 80 121 149 141 206
Total Liabilities & Shareholders' Equity
2,365 2,359 2,233 2,162 2,392 3,901 4,272 4,569 4,608 3,855 4,121
Total Liabilities
1,541 1,575 1,442 1,339 1,515 2,705 3,111 3,262 3,178 2,339 2,521
Total Current Liabilities
1,028 888 800 739 833 1,440 1,932 2,464 2,521 1,636 1,731
Short-Term Debt
79 45 77 76 227 210 473 534 383 71 203
Accounts Payable
707 669 582 504 463 873 955 1,199 1,424 1,055 1,047
Accrued Expenses
79 70 70 70 79 176 153 230 246 232 227
Current Deferred Revenue
100 67 49 60 33 134 178 358 371 187 194
Other Current Liabilities
64 37 23 30 33 47 147 129 99 91 60
Total Noncurrent Liabilities
513 687 642 601 682 1,265 1,180 798 657 702 790
Long-Term Debt
299 436 397 418 496 1,016 886 600 493 563 608
Noncurrent Deferred & Payable Income Tax Liabilities
136 186 182 122 130 146 170 71 64 59 55
Other Noncurrent Operating Liabilities
19 19 28 34 33 103 75 110 100 81 127
Commitments & Contingencies
0.00 0.00 0.00 0.00 - 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
824 784 791 823 877 1,196 1,161 1,308 1,430 1,516 1,600
Total Preferred & Common Equity
803 764 774 815 830 974 962 1,072 1,199 1,283 1,366
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
803 764 774 815 830 974 962 1,072 1,199 1,283 1,366
Common Stock
223 223 223 225 224 345 349 369 385 387 386
Retained Earnings
645 615 609 633 648 643 626 703 808 883 971
Treasury Stock
-9.74 -53 -45 -40 -35 -7.34 -0.97 -0.26 -15 -10 -2.86
Accumulated Other Comprehensive Income / (Loss)
-55 -21 -12 -2.70 -6.39 -7.23 -12 1.19 20 23 13
Noncontrolling Interest
21 19 16 7.70 46 222 199 235 231 233 234

Quarterly Balance Sheets for Andersons

This table presents Andersons' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q3 2022 Q1 2023 Q2 2023 Q3 2023 Q1 2024 Q2 2024 Q3 2024
Total Assets
4,419 4,102 3,570 3,588 3,261 3,300 3,388
Total Current Assets
3,265 3,050 2,537 2,527 2,214 2,249 2,331
Cash & Equivalents
141 71 96 418 284 530 454
Note & Lease Receivable
991 1,125 1,030 817 702 744 757
Inventories, net
1,556 1,551 991 985 995 687 884
Other Current Assets
577 303 420 307 234 289 236
Plant, Property, & Equipment, net
766 679 663 680 689 694 710
Total Noncurrent Assets
387 373 369 381 358 356 347
Other Noncurrent Operating Assets
159 148 369 381 150 356 347
Total Liabilities & Shareholders' Equity
4,419 4,102 3,570 3,588 3,261 3,300 3,388
Total Liabilities
2,992 2,756 2,132 2,139 1,785 1,780 1,865
Total Current Liabilities
2,321 2,112 1,393 1,408 1,083 1,085 1,178
Short-Term Debt
765 724 130 42 38 32 42
Accounts Payable
930 769 641 822 626 607 774
Accrued Expenses
230 202 181 189 178 193 208
Current Deferred Revenue
259 310 190 212 175 124 68
Other Current Liabilities
137 108 251 143 67 129 86
Total Noncurrent Liabilities
672 643 738 731 702 695 687
Long-Term Debt
498 487 576 570 556 549 543
Other Noncurrent Operating Liabilities
115 102 162 162 87 145 145
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,427 1,346 1,438 1,449 1,476 1,520 1,523
Total Preferred & Common Equity
1,194 1,170 1,231 1,241 1,280 1,311 1,329
Preferred Stock
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Common Equity
1,194 1,170 1,231 1,241 1,280 1,311 1,329
Common Stock
382 378 381 384 375 379 382
Retained Earnings
806 786 835 839 882 911 932
Treasury Stock
-9.99 -11 -10 -10 -0.63 -0.63 -0.57
Accumulated Other Comprehensive Income / (Loss)
16 16 25 29 23 21 15
Noncontrolling Interest
233 177 207 208 196 210 194

Annual Metrics and Ratios for Andersons

This table displays calculated financial ratios and metrics derived from Andersons' official financial filings.

Metric 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-18.99% -7.52% -6.52% -6.08% -17.39% 162.80% 0.77% 56.39% 37.37% -14.86% -23.68%
EBITDA Growth
9.18% -67.89% 112.76% -39.60% 103.81% 21.07% 11.92% 92.99% 2.43% -11.56% 5.50%
EBIT Growth
7.59% -121.41% 239.99% -147.84% 443.49% -47.33% -76.37% 2,854.83% 26.95% -13.92% 7.43%
NOPAT Growth
-6.18% -193.86% 128.09% -294.52% 209.84% -90.02% -374.64% 1,732.86% 31.86% -25.15% 24.76%
Net Income Growth
28.15% -109.23% 227.80% 194.46% -3.25% -63.47% -194.39% 1,055.79% 22.90% -20.63% 28.80%
EPS Growth
20.75% -111.98% 189.13% 265.85% -2.67% -62.33% -58.18% 1,234.78% 24.10% -22.83% 12.93%
Operating Cash Flow Growth
-102.99% 1,630.47% -74.32% 90.19% -147.18% 1,081.34% -121.35% 31.41% 662.42% 229.74% -64.98%
Free Cash Flow Firm Growth
-201.21% 42.19% 91.82% -427.19% -264.32% -331.73% 139.30% -143.43% 201.90% 365.32% -122.25%
Invested Capital Growth
55.94% 11.54% 2.70% 3.77% 25.66% 78.51% -17.59% 16.04% -0.07% -31.22% 22.76%
Revenue Q/Q Growth
-6.44% -2.06% -1.76% -2.87% -5.91% 12.77% 9.76% 11.96% 5.45% -9.03% -0.79%
EBITDA Q/Q Growth
1.22% -62.31% 255.32% -21.63% 34.71% -15.96% 31.52% 17.82% -10.56% 18.16% -4.63%
EBIT Q/Q Growth
-1.76% -133.00% 165.07% -532.58% 213.28% -67.37% 116.59% 51.93% -14.39% 33.80% -8.77%
NOPAT Q/Q Growth
-4.79% -259.93% 122.37% -159.22% 879.85% -95.56% 82.14% 73.68% -19.32% 63.92% -10.73%
Net Income Q/Q Growth
-5.14% -117.87% 133.22% 369.23% -52.78% -54.45% 38.72% 54.09% -22.06% 91.55% -12.48%
EPS Q/Q Growth
-3.03% -121.50% 125.31% 350.00% -52.75% -53.39% 483.33% 13.70% -13.41% 70.93% -5.14%
Operating Cash Flow Q/Q Growth
-103.24% 382.44% -71.25% 27.66% -181.88% 36.54% -133.12% 66.23% 188.76% -16.70% 5.79%
Free Cash Flow Firm Q/Q Growth
-251.47% 66.69% -116.42% -95.15% -21.41% -19.75% -9.34% 36.49% 141.33% -17.47% -206.63%
Invested Capital Q/Q Growth
47.15% -9.50% 6.55% 7.95% 12.50% 11.99% 20.64% 14.66% -14.08% -8.30% 11.79%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
8.75% 8.95% 8.80% 8.65% 9.92% 5.76% 4.54% 4.70% 3.95% 5.05% 6.16%
EBITDA Margin
3.78% 1.31% 2.98% 1.92% 4.73% 2.18% 2.42% 2.99% 2.23% 2.32% 3.20%
Operating Margin
1.72% -1.66% 0.52% -1.04% 1.24% 0.12% -0.14% 1.27% 1.26% 1.13% 1.69%
EBIT Margin
2.41% -0.56% 0.84% -0.43% 1.77% 0.35% 0.08% 1.57% 1.45% 1.47% 2.07%
Profit (Net Income) Margin
2.70% -0.27% 0.37% 1.16% 1.35% 0.19% -0.18% 1.08% 0.96% 0.90% 1.52%
Tax Burden Percent
66.60% 97.91% 67.68% -207.60% 77.55% 115.66% 52.49% 84.51% 85.81% 78.16% 85.03%
Interest Burden Percent
168.35% 49.39% 65.23% 130.89% 98.69% 45.90% -404.01% 81.17% 77.39% 78.35% 86.34%
Effective Tax Rate
33.40% 0.00% 32.32% 0.00% 22.45% 70.23% 0.00% 18.18% 20.37% 21.84% 14.97%
Return on Invested Capital (ROIC)
7.39% -5.38% 1.41% -2.67% 2.55% 0.16% -0.39% 6.44% 7.91% 7.02% 9.65%
ROIC Less NNEP Spread (ROIC-NNEP)
-94.70% 30.44% 1.81% 32.70% 6.47% 1.78% -1.06% 6.99% 7.14% 7.77% 17.08%
Return on Net Nonoperating Assets (RNNOA)
8.45% 3.97% 0.42% 7.95% 2.30% 1.29% -0.82% 4.57% 4.29% 1.98% 1.31%
Return on Equity (ROE)
15.84% -1.41% 1.84% 5.28% 4.85% 1.45% -1.21% 11.01% 12.20% 9.00% 10.96%
Cash Return on Invested Capital (CROIC)
-36.32% -16.29% -1.25% -6.37% -20.19% -56.22% 18.90% -8.41% 7.98% 44.01% -10.79%
Operating Return on Assets (OROA)
4.72% -0.99% 1.43% -0.71% 2.37% 0.90% 0.16% 4.48% 5.48% 5.11% 5.83%
Return on Assets (ROA)
5.29% -0.48% 0.63% 1.94% 1.81% 0.48% -0.35% 3.07% 3.64% 3.13% 4.28%
Return on Common Equity (ROCE)
15.39% -1.37% 1.80% 5.20% 4.70% 1.27% -0.99% 9.07% 10.12% 7.58% 9.31%
Return on Equity Simple (ROE_SIMPLE)
15.27% -1.48% 1.87% 5.23% 4.96% 1.55% -1.48% 12.67% 13.93% 10.33% 12.49%
Net Operating Profit after Tax (NOPAT)
52 -49 14 -27 29 2.93 -8.05 131 173 130 162
NOPAT Margin
1.15% -1.17% 0.35% -0.73% 0.96% 0.04% -0.10% 1.04% 1.00% 0.88% 1.44%
Net Nonoperating Expense Percent (NNEP)
102.09% -35.83% -0.40% -35.37% -3.92% -1.61% 0.68% -0.55% 0.77% -0.75% -7.44%
Return On Investment Capital (ROIC_SIMPLE)
- - - - - - - - 7.52% 6.03% 6.71%
Cost of Revenue to Revenue
91.25% 91.05% 91.20% 91.35% 90.08% 94.24% 95.46% 95.30% 96.05% 94.95% 93.84%
SG&A Expenses to Revenue
0.00% 0.00% 0.00% 0.00% 8.47% 5.12% 4.68% 3.35% 2.64% 3.34% 4.47%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
7.02% 10.62% 8.29% 9.68% 8.67% 5.63% 4.68% 3.43% 2.69% 3.93% 4.47%
Earnings before Interest and Taxes (EBIT)
109 -23 33 -16 54 28 6.70 198 251 216 233
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
171 55 117 71 144 175 195 377 386 342 360
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
1.56 0.96 1.38 0.93 0.89 0.76 0.79 1.15 0.95 1.49 1.01
Price to Tangible Book Value (P/TBV)
1.89 1.27 1.76 1.09 1.02 1.12 1.10 1.49 1.17 1.79 1.18
Price to Revenue (P/Rev)
0.28 0.18 0.27 0.21 0.24 0.09 0.09 0.10 0.07 0.13 0.12
Price to Earnings (P/E)
11.44 0.00 91.86 17.91 17.91 40.58 98.25 11.87 8.67 18.89 12.05
Dividend Yield
1.08% 2.19% 1.65% 2.41% 2.53% 3.01% 3.05% 1.90% 2.14% 1.32% 1.88%
Earnings Yield
8.75% 0.00% 1.09% 5.58% 5.58% 2.46% 1.02% 8.42% 11.54% 5.29% 8.30%
Enterprise Value to Invested Capital (EV/IC)
1.53 0.97 1.30 0.98 0.97 0.93 1.21 1.09 0.97 1.42 1.00
Enterprise Value to Revenue (EV/Rev)
0.29 0.22 0.32 0.27 0.41 0.27 0.28 0.19 0.12 0.14 0.16
Enterprise Value to EBITDA (EV/EBITDA)
7.65 16.89 10.89 14.22 8.65 12.24 11.71 6.33 5.51 6.25 5.15
Enterprise Value to EBIT (EV/EBIT)
11.98 0.00 38.89 0.00 23.15 75.29 341.15 12.06 8.46 9.86 7.99
Enterprise Value to NOPAT (EV/NOPAT)
25.15 0.00 92.77 0.00 42.48 728.91 0.00 18.17 12.28 16.46 11.47
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 6.03 32.21 13.36 0.00 6.13 0.00 0.00 7.41 2.26 5.60
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 0.00 0.00 0.00 0.00 0.00 5.79 0.00 12.17 2.63 0.00
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.46 0.61 0.60 0.60 0.82 1.03 1.17 0.87 0.61 0.42 0.51
Long-Term Debt to Equity
0.36 0.56 0.50 0.51 0.57 0.85 0.76 0.46 0.34 0.37 0.38
Financial Leverage
-0.09 0.13 0.23 0.24 0.36 0.72 0.77 0.65 0.60 0.25 0.08
Leverage Ratio
3.00 2.94 2.92 2.72 2.68 3.04 3.47 3.58 3.35 2.87 2.56
Compound Leverage Factor
5.04 1.45 1.90 3.57 2.64 1.39 -14.01 2.91 2.59 2.25 2.21
Debt to Total Capital
31.40% 38.03% 37.46% 37.54% 45.19% 50.63% 53.95% 46.45% 37.97% 29.47% 33.64%
Short-Term Debt to Total Capital
6.54% 3.54% 6.05% 5.78% 14.17% 8.67% 18.77% 21.87% 16.60% 3.29% 8.41%
Long-Term Debt to Total Capital
24.86% 34.49% 31.41% 31.75% 31.02% 41.96% 35.17% 24.59% 21.37% 26.18% 25.23%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
1.74% 1.54% 1.29% 0.58% 2.90% 9.17% 7.89% 9.63% 10.03% 10.86% 9.69%
Common Equity to Total Capital
66.85% 60.43% 61.25% 61.88% 51.91% 40.20% 38.17% 43.91% 52.00% 59.67% 56.67%
Debt to EBITDA
2.20 8.74 4.04 6.99 5.01 7.03 6.96 3.01 2.27 1.86 2.25
Net Debt to EBITDA
0.21 3.17 1.65 3.34 3.18 6.71 6.81 2.44 1.97 -0.03 0.69
Long-Term Debt to EBITDA
1.74 7.93 3.39 5.91 3.44 5.82 4.54 1.59 1.28 1.65 1.69
Debt to NOPAT
7.24 -9.83 34.46 -18.50 24.62 418.41 -168.91 8.63 5.05 4.89 5.01
Net Debt to NOPAT
0.68 -3.57 14.09 -8.84 15.59 399.67 -165.30 6.99 4.39 -0.08 1.54
Long-Term Debt to NOPAT
5.73 -8.92 28.89 -15.65 16.90 346.77 -110.14 4.57 2.84 4.34 3.76
Altman Z-Score
3.06 2.51 2.77 2.58 2.12 2.63 2.38 3.58 4.65 5.19 3.90
Noncontrolling Interest Sharing Ratio
2.83% 2.51% 2.28% 1.49% 3.19% 12.96% 17.86% 17.58% 17.04% 15.77% 14.99%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
1.22 1.27 1.32 1.35 1.23 1.35 1.25 1.37 1.37 1.72 1.65
Quick Ratio
0.29 0.26 0.32 0.30 0.28 0.41 0.35 0.43 0.54 0.86 0.77
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-256 -148 -12 -64 -233 -1,005 395 -172 175 813 -181
Operating Cash Flow to CapEx
-17.28% 213.53% 505.17% 10,412.86% -37.35% 218.16% -112.72% -71.64% 265.15% 629.31% 222.21%
Free Cash Flow to Firm to Interest Expense
-11.77 -7.38 -0.57 -2.96 -8.36 -23.26 11.69 -4.60 3.07 17.35 -5.70
Operating Cash Flow to Interest Expense
-0.46 7.68 1.87 3.49 -1.28 8.07 -2.20 -1.37 5.05 20.20 10.44
Operating Cash Flow Less CapEx to Interest Expense
-3.14 4.08 1.50 3.46 -4.69 4.37 -4.16 -3.28 3.15 16.99 5.74
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
1.96 1.78 1.71 1.68 1.34 2.54 1.97 2.85 3.78 3.49 2.82
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
5.87 4.95 5.01 5.06 4.10 8.10 6.25 7.74 9.39 9.66 8.61
Fixed Asset Turnover
6.79 5.59 5.00 4.65 3.37 6.35 6.77 15.32 22.37 20.26 14.42
Accounts Payable Turnover
5.70 5.56 5.72 6.21 5.68 11.29 8.42 11.16 12.69 11.30 10.05
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
62.14 73.67 72.92 72.16 89.11 45.04 58.40 47.19 38.89 37.77 42.39
Days Payable Outstanding (DPO)
64.03 65.67 63.77 58.82 64.27 32.32 43.33 32.71 28.77 32.31 36.33
Cash Conversion Cycle (CCC)
-1.90 7.99 9.15 13.33 24.84 12.72 15.07 14.48 10.13 5.46 6.06
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
859 958 984 1,021 1,284 2,291 1,888 2,191 2,190 1,506 1,849
Invested Capital Turnover
6.44 4.62 4.04 3.68 2.64 4.48 3.86 6.18 7.91 7.98 6.71
Increase / (Decrease) in Invested Capital
308 99 26 37 262 1,008 -403 303 -1.49 -684 343
Enterprise Value (EV)
1,311 929 1,275 1,006 1,247 2,136 2,287 2,388 2,127 2,135 1,857
Market Capitalization
1,255 735 1,065 761 743 743 758 1,235 1,136 1,912 1,374
Book Value per Share
$27.79 $27.29 $27.46 $28.70 $29.34 $29.87 $29.17 $32.22 $35.78 $38.01 $40.10
Tangible Book Value per Share
$22.98 $20.72 $21.43 $24.52 $25.62 $20.34 $20.93 $24.81 $28.90 $31.69 $34.31
Total Capital
1,201 1,265 1,264 1,317 1,600 2,422 2,520 2,442 2,305 2,150 2,411
Total Debt
377 481 474 495 723 1,226 1,360 1,135 875 634 811
Total Long-Term Debt
299 436 397 418 496 1,016 886 600 493 563 608
Net Debt
35 175 194 236 458 1,171 1,330 918 760 -10 249
Capital Expenditures (CapEx)
58 72 7.84 0.72 95 160 66 71 108 150 149
Debt-free, Cash-free Net Working Capital (DFCFNWC)
190 222 272 302 394 660 929 1,226 1,212 597 760
Debt-free Net Working Capital (DFNWC)
305 286 335 337 416 715 958 1,442 1,327 1,241 1,322
Net Working Capital (NWC)
227 241 258 260 190 505 485 908 945 1,171 1,119
Net Nonoperating Expense (NNE)
-71 -38 -0.73 -69 -12 -12 6.17 -4.44 6.31 -2.83 -8.89
Net Nonoperating Obligations (NNO)
35 175 194 199 407 1,096 728 884 760 -10 249
Total Depreciation and Amortization (D&A)
62 78 84 86 90 146 189 179 135 125 128
Debt-free, Cash-free Net Working Capital to Revenue
4.19% 5.29% 6.93% 8.19% 12.93% 8.25% 11.52% 9.72% 7.00% 4.05% 6.75%
Debt-free Net Working Capital to Revenue
6.73% 6.82% 8.53% 9.13% 13.67% 8.94% 11.88% 11.44% 7.66% 8.42% 11.74%
Net Working Capital to Revenue
4.99% 5.75% 6.58% 7.07% 6.23% 6.32% 6.01% 7.20% 5.45% 7.94% 9.94%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$3.85 ($0.46) $0.41 $1.51 $1.47 $0.56 $0.23 $3.12 $3.89 $3.00 $3.35
Adjusted Weighted Average Basic Shares Outstanding
28.80M 28M 28.20M 28.20M 32.50M 32.80M 32.92M 33.28M 33.73M 33.72M 34.03M
Adjusted Diluted Earnings per Share
$3.84 ($0.46) $0.41 $1.50 $1.46 $0.55 $0.23 $3.07 $3.81 $2.94 $3.32
Adjusted Weighted Average Diluted Shares Outstanding
28.80M 28M 28.20M 28.20M 32.50M 32.80M 33.19M 33.86M 34.42M 34.38M 34.32M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
28.80M 28M 28.20M 28.20M 32.50M 32.80M 33.20M 33.70M 33.54M 33.83M 34.03M
Normalized Net Operating Profit after Tax (NOPAT)
54 27 20 22 34 36 -8.05 139 180 198 162
Normalized NOPAT Margin
1.19% 0.63% 0.51% 0.60% 1.12% 0.45% -0.10% 1.10% 1.04% 1.34% 1.44%
Pre Tax Income Margin
4.06% -0.28% 0.54% -0.56% 1.75% 0.16% -0.34% 1.27% 1.12% 1.15% 1.78%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
5.03 -1.17 1.55 -0.73 1.93 0.66 0.20 5.31 4.42 4.62 7.32
NOPAT to Interest Expense
2.40 -2.44 0.65 -1.24 1.05 0.07 -0.24 3.52 3.05 2.77 5.09
EBIT Less CapEx to Interest Expense
2.35 -4.76 1.18 -0.76 -1.48 -3.04 -1.76 3.40 2.52 1.41 2.62
NOPAT Less CapEx to Interest Expense
-0.28 -6.03 0.28 -1.27 -2.36 -3.63 -2.19 1.61 1.14 -0.44 0.40
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
22.35% -168.94% 160.44% 43.49% 45.21% 146.87% -234.44% 17.50% 41.63% 54.17% 75.32%
Augmented Payout Ratio
22.35% -602.51% 160.44% 43.49% 69.47% 146.87% -234.44% 17.50% 49.25% 55.49% 76.66%

Quarterly Metrics and Ratios for Andersons

This table displays calculated financial ratios and metrics derived from Andersons' official financial filings.

Metric Q3 2022 Q4 2022 Q1 2023 Q2 2023 Q3 2023 Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024
Growth Metrics
- - - - - - - - - -
Revenue Growth
40.70% 23.65% -2.43% -9.67% -13.83% -31.31% -29.97% -30.47% -27.91% -2.80%
EBITDA Growth
14.75% -36.70% -128.93% -11.80% -6.30% 66.74% 418.39% -36.65% 29.79% -13.32%
EBIT Growth
95.94% -48.34% -325.36% -12.37% -6.29% 120.98% 142.36% -45.97% 51.49% -22.38%
NOPAT Growth
296.91% -64.25% -466.78% -18.17% -27.76% 218.17% 120.59% -35.91% 87.70% -26.97%
Net Income Growth
213.19% -75.79% -1,093.56% -18.67% -31.06% 419.59% 121.42% -36.54% 68.60% -31.02%
EPS Growth
130.43% -68.60% -375.00% -30.60% -73.58% 451.85% 136.36% -34.78% 185.71% -12.08%
Operating Cash Flow Growth
55.92% 358.93% 68.97% 53.15% -14.03% -43.09% 28.16% -43.72% -100.43% 7.24%
Free Cash Flow Firm Growth
-78.98% 110.18% 186.15% 256.08% 254.40% 3,008.56% -10.26% -52.20% -96.20% -138.31%
Invested Capital Growth
33.37% -0.07% -25.01% -33.42% -35.56% -31.22% -28.18% -23.33% 0.70% 22.76%
Revenue Q/Q Growth
-5.20% 10.86% -17.02% 3.58% -9.56% -11.63% -15.40% 2.83% -6.23% 19.16%
EBITDA Q/Q Growth
-50.77% -5.25% -120.54% 1,020.62% -47.70% 68.62% -60.78% 83.18% 7.15% 12.61%
EBIT Q/Q Growth
-63.20% -9.08% -207.05% 344.69% -60.66% 114.42% -79.48% 212.14% 10.31% 9.87%
NOPAT Q/Q Growth
-66.29% -33.92% -272.82% 312.55% -70.24% 191.05% -88.82% 561.59% -12.84% 13.24%
Net Income Q/Q Growth
-56.45% -65.90% -491.61% 239.87% -63.09% 156.98% -83.85% 314.29% -1.92% 5.14%
EPS Q/Q Growth
-54.31% -74.53% -262.96% 465.91% -82.61% 432.14% -89.26% 556.25% -23.81% 63.75%
Operating Cash Flow Q/Q Growth
60.94% -22.51% -175.72% 262.18% -9.66% -48.71% -195.60% 227.04% -100.69% 12,827.79%
Free Cash Flow Firm Q/Q Growth
15.37% 104.03% 3,145.95% 40.87% -16.29% -18.79% -6.29% -24.96% -93.35% -919.80%
Invested Capital Q/Q Growth
-17.18% -14.08% 13.54% -17.59% -19.84% -8.30% 18.56% -12.03% 5.28% 11.79%
Profitability Metrics
- - - - - - - - - -
Gross Margin
3.88% 3.63% 3.81% 5.52% 4.34% 6.78% 4.72% 6.27% 6.76% 6.82%
EBITDA Margin
1.97% 1.68% -0.42% 3.70% 2.14% 4.08% 1.89% 3.37% 3.85% 3.64%
Operating Margin
1.14% 0.72% -1.45% 2.64% 0.86% 2.65% 0.33% 2.10% 2.16% 2.11%
EBIT Margin
1.18% 0.97% -1.25% 2.94% 1.28% 3.11% 0.75% 2.29% 2.69% 2.48%
Profit (Net Income) Margin
1.05% 0.32% -1.52% 2.06% 0.84% 2.44% 0.47% 1.88% 1.96% 1.73%
Tax Burden Percent
127.52% 48.54% 90.95% 79.19% 79.52% 85.48% 90.67% 91.50% 82.75% 80.45%
Interest Burden Percent
69.86% 68.83% 134.37% 88.21% 82.42% 91.89% 68.17% 89.66% 88.15% 86.76%
Effective Tax Rate
28.34% 31.94% 0.00% 20.81% 20.48% 14.52% 9.33% 8.50% 17.25% 19.55%
Return on Invested Capital (ROIC)
6.04% 3.86% -6.04% 13.67% 5.31% 18.05% 1.90% 13.14% 12.31% 11.40%
ROIC Less NNEP Spread (ROIC-NNEP)
7.12% 2.92% -7.29% 13.57% 6.16% 19.59% 2.53% 12.75% 15.15% 12.27%
Return on Net Nonoperating Assets (RNNOA)
4.80% 1.75% -8.59% 10.79% 2.82% 4.99% 1.30% 2.85% 1.65% 0.94%
Return on Equity (ROE)
10.84% 5.61% -14.63% 24.46% 8.13% 23.04% 3.20% 15.98% 13.96% 12.34%
Cash Return on Invested Capital (CROIC)
-18.97% 7.98% 32.30% 43.52% 47.02% 44.01% 41.70% 35.20% 10.30% -10.79%
Operating Return on Assets (OROA)
4.76% 3.65% -4.65% 11.91% 5.19% 10.83% 2.78% 8.23% 8.76% 7.01%
Return on Assets (ROA)
4.24% 1.22% -5.68% 8.32% 3.40% 8.51% 1.72% 6.76% 6.39% 4.89%
Return on Common Equity (ROCE)
9.07% 4.66% -12.41% 20.54% 6.88% 19.40% 2.78% 13.73% 12.07% 10.49%
Return on Equity Simple (ROE_SIMPLE)
17.94% 0.00% 8.71% 6.74% 5.58% 0.00% 15.96% 13.28% 14.67% 0.00%
Net Operating Profit after Tax (NOPAT)
35 23 -39 84 25 73 8.13 54 47 53
NOPAT Margin
0.82% 0.49% -1.02% 2.09% 0.69% 2.26% 0.30% 1.92% 1.79% 1.70%
Net Nonoperating Expense Percent (NNEP)
-1.08% 0.94% 1.25% 0.11% -0.85% -1.54% -0.63% 0.39% -2.84% -0.87%
Return On Investment Capital (ROIC_SIMPLE)
- 0.99% - - - 3.38% - - - 2.20%
Cost of Revenue to Revenue
96.12% 96.37% 96.19% 94.48% 95.66% 93.22% 95.28% 93.73% 93.24% 93.18%
SG&A Expenses to Revenue
2.74% 2.73% 3.02% 2.89% 3.47% 4.13% 4.39% 4.17% 4.60% 4.71%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
2.74% 2.92% 5.27% 2.89% 3.47% 4.13% 4.39% 4.17% 4.60% 4.71%
Earnings before Interest and Taxes (EBIT)
50 45 -48 118 47 100 20 64 71 78
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
83 79 -16 149 78 131 51 94 101 114
Valuation Ratios
- - - - - - - - - -
Price to Book Value (P/BV)
0.86 0.95 1.16 1.25 1.38 1.49 1.51 1.28 1.28 1.01
Price to Tangible Book Value (P/TBV)
1.06 1.17 1.44 1.25 1.38 1.79 1.80 1.28 1.28 1.18
Price to Revenue (P/Rev)
0.06 0.07 0.08 0.09 0.11 0.13 0.14 0.14 0.15 0.12
Price to Earnings (P/E)
6.74 8.67 12.28 17.84 29.04 18.89 15.87 16.42 14.17 12.05
Dividend Yield
2.39% 2.14% 1.80% 1.62% 1.46% 1.32% 1.31% 1.52% 1.51% 1.88%
Earnings Yield
14.84% 11.54% 8.14% 5.61% 3.44% 5.29% 6.30% 6.09% 7.06% 8.30%
Enterprise Value to Invested Capital (EV/IC)
0.93 0.97 1.08 1.15 1.29 1.42 1.36 1.24 1.23 1.00
Enterprise Value to Revenue (EV/Rev)
0.14 0.12 0.16 0.14 0.13 0.14 0.18 0.16 0.18 0.16
Enterprise Value to EBITDA (EV/EBITDA)
5.50 5.51 8.52 8.00 7.32 6.25 5.95 5.48 5.36 5.15
Enterprise Value to EBIT (EV/EBIT)
8.09 8.46 14.75 14.27 13.08 9.86 8.53 8.41 7.95 7.99
Enterprise Value to NOPAT (EV/NOPAT)
11.07 12.28 24.82 27.09 26.74 16.46 12.80 12.21 11.18 11.47
Enterprise Value to Operating Cash Flow (EV/OCF)
0.00 7.41 2.60 1.93 1.86 2.26 2.34 2.42 6.47 5.60
Enterprise Value to Free Cash Flow (EV/FCFF)
0.00 12.17 2.86 2.11 2.15 2.63 2.73 3.05 11.94 0.00
Leverage & Solvency
- - - - - - - - - -
Debt to Equity
0.89 0.61 0.90 0.49 0.42 0.42 0.40 0.38 0.38 0.51
Long-Term Debt to Equity
0.35 0.34 0.36 0.40 0.39 0.37 0.38 0.36 0.36 0.38
Financial Leverage
0.68 0.60 1.18 0.80 0.46 0.25 0.51 0.22 0.11 0.08
Leverage Ratio
3.05 3.35 3.47 2.91 2.78 2.87 2.61 2.32 2.35 2.56
Compound Leverage Factor
2.13 2.31 4.66 2.57 2.29 2.64 1.78 2.08 2.07 2.22
Debt to Total Capital
46.96% 37.97% 47.35% 32.95% 29.67% 29.47% 28.70% 27.65% 27.75% 33.64%
Short-Term Debt to Total Capital
28.44% 16.60% 28.30% 6.07% 2.02% 3.29% 1.82% 1.51% 2.01% 8.41%
Long-Term Debt to Total Capital
18.52% 21.37% 19.04% 26.87% 27.65% 26.18% 26.87% 26.14% 25.74% 25.23%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
8.65% 10.03% 6.92% 9.67% 10.11% 10.86% 9.45% 9.98% 9.20% 9.69%
Common Equity to Total Capital
44.39% 52.00% 45.74% 57.38% 60.22% 59.67% 61.85% 62.37% 63.05% 56.67%
Debt to EBITDA
2.93 2.27 3.85 2.40 2.12 1.86 1.45 1.64 1.55 2.25
Net Debt to EBITDA
2.60 1.97 3.63 2.07 0.67 -0.03 0.76 0.14 0.35 0.69
Long-Term Debt to EBITDA
1.15 1.28 1.55 1.96 1.97 1.65 1.36 1.55 1.44 1.69
Debt to NOPAT
5.88 5.05 11.22 8.14 7.73 4.89 3.12 3.65 3.23 5.01
Net Debt to NOPAT
5.22 4.39 10.57 7.03 2.44 -0.08 1.63 0.32 0.72 1.54
Long-Term Debt to NOPAT
2.32 2.84 4.51 6.64 7.20 4.34 2.93 3.45 2.99 3.76
Altman Z-Score
4.47 4.50 5.00 5.96 5.74 5.09 5.63 5.19 4.76 3.78
Noncontrolling Interest Sharing Ratio
16.35% 17.04% 15.21% 16.02% 15.34% 15.77% 13.20% 14.10% 13.53% 14.99%
Liquidity Ratios
- - - - - - - - - -
Current Ratio
1.41 1.37 1.44 1.82 1.80 1.72 2.04 2.07 1.98 1.65
Quick Ratio
0.49 0.54 0.57 0.81 0.88 0.86 0.91 1.17 1.03 0.77
Cash Flow Metrics
- - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-603 24 790 1,112 931 756 709 532 35 -290
Operating Cash Flow to CapEx
1,984.95% 1,222.32% -1,309.52% 1,092.34% 1,448.94% 600.75% -894.97% 1,063.93% -5.58% 480.39%
Free Cash Flow to Firm to Interest Expense
-40.26 1.73 47.50 79.73 113.74 93.35 108.66 80.44 4.23 -28.22
Operating Cash Flow to Interest Expense
37.94 31.27 -20.06 38.77 59.68 30.94 -36.74 46.05 -0.25 26.18
Operating Cash Flow Less CapEx to Interest Expense
36.03 28.71 -21.59 35.22 55.56 25.79 -40.85 41.72 -4.78 20.73
Efficiency Ratios
- - - - - - - - - -
Asset Turnover
4.04 3.78 3.73 4.04 4.05 3.49 3.69 3.60 3.25 2.82
Accounts Receivable Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Inventory Turnover
12.22 9.39 9.43 12.34 12.21 9.66 10.10 13.93 11.39 8.61
Fixed Asset Turnover
21.02 22.37 23.75 23.55 22.42 20.26 19.87 18.21 16.33 14.42
Accounts Payable Turnover
17.91 12.69 21.88 22.76 17.71 11.30 18.44 18.72 13.34 10.05
Days Sales Outstanding (DSO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Inventory Outstanding (DIO)
29.88 38.89 38.69 29.59 29.89 37.77 36.12 26.20 32.04 42.39
Days Payable Outstanding (DPO)
20.38 28.77 16.69 16.04 20.61 32.31 19.79 19.50 27.36 36.33
Cash Conversion Cycle (CCC)
9.50 10.13 22.00 13.55 9.29 5.46 16.33 6.70 4.68 6.06
Capital & Investment Metrics
- - - - - - - - - -
Invested Capital
2,549 2,190 2,486 2,049 1,642 1,506 1,786 1,571 1,654 1,849
Invested Capital Turnover
7.37 7.91 5.94 6.55 7.74 7.98 6.36 6.83 6.88 6.71
Increase / (Decrease) in Invested Capital
638 -1.49 -829 -1,029 -906 -684 -701 -478 12 343
Enterprise Value (EV)
2,377 2,127 2,678 2,353 2,116 2,135 2,435 1,943 2,027 1,857
Market Capitalization
1,022 1,136 1,361 1,535 1,714 1,912 1,929 1,682 1,702 1,374
Book Value per Share
$35.26 $35.78 $34.87 $36.49 $36.76 $38.01 $37.72 $38.49 $39.01 $40.10
Tangible Book Value per Share
$28.51 $28.90 $28.18 $36.49 $36.76 $31.69 $31.58 $38.49 $39.01 $34.31
Total Capital
2,690 2,305 2,557 2,145 2,060 2,150 2,070 2,101 2,108 2,411
Total Debt
1,263 875 1,211 707 611 634 594 581 585 811
Total Long-Term Debt
498 493 487 576 570 563 556 549 543 608
Net Debt
1,122 760 1,140 610 193 -10 310 51 131 249
Capital Expenditures (CapEx)
29 36 25 50 34 42 27 29 38 56
Debt-free, Cash-free Net Working Capital (DFCFNWC)
1,569 1,212 1,591 1,178 743 597 884 666 742 760
Debt-free Net Working Capital (DFNWC)
1,710 1,327 1,662 1,274 1,161 1,241 1,168 1,196 1,196 1,322
Net Working Capital (NWC)
945 945 938 1,144 1,119 1,171 1,131 1,165 1,153 1,119
Net Nonoperating Expense (NNE)
-9.71 7.74 20 1.20 -5.56 -5.78 -4.54 1.29 -4.60 -1.04
Net Nonoperating Obligations (NNO)
1,122 760 1,140 610 193 -10 310 51 131 249
Total Depreciation and Amortization (D&A)
33 33 32 30 31 31 31 30 30 36
Debt-free, Cash-free Net Working Capital to Revenue
9.55% 7.00% 9.24% 7.01% 4.58% 4.05% 6.51% 5.39% 6.54% 6.75%
Debt-free Net Working Capital to Revenue
10.41% 7.66% 9.65% 7.59% 7.16% 8.42% 8.60% 9.68% 10.54% 11.74%
Net Working Capital to Revenue
5.75% 5.45% 5.45% 6.81% 6.90% 7.94% 8.32% 9.42% 10.16% 9.94%
Earnings Adjustments
- - - - - - - - - -
Adjusted Basic Earnings per Share
$1.08 $0.29 ($0.44) $1.63 $0.29 $1.52 $0.16 $1.06 $0.80 $1.33
Adjusted Weighted Average Basic Shares Outstanding
33.83M 33.73M 33.62M 33.74M 33.75M 33.72M 33.93M 34.06M 34.07M 34.03M
Adjusted Diluted Earnings per Share
$1.06 $0.27 ($0.44) $1.61 $0.28 $1.49 $0.16 $1.05 $0.80 $1.31
Adjusted Weighted Average Diluted Shares Outstanding
34.41M 34.42M 33.62M 34.17M 34.27M 34.38M 34.24M 34.34M 34.36M 34.32M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
33.50M 33.54M 33.73M 33.75M 33.75M 33.83M 34.05M 34.07M 34.07M 34.03M
Normalized Net Operating Profit after Tax (NOPAT)
35 29 22 84 25 73 8.13 54 47 53
Normalized NOPAT Margin
0.82% 0.62% 0.56% 2.09% 0.69% 2.26% 0.30% 1.92% 1.79% 1.70%
Pre Tax Income Margin
0.82% 0.67% -1.67% 2.60% 1.06% 2.86% 0.51% 2.05% 2.37% 2.15%
Debt Service Ratios
- - - - - - - - - -
EBIT to Interest Expense
3.32 3.21 -2.91 8.48 5.69 12.33 3.14 9.67 8.44 7.55
NOPAT to Interest Expense
2.31 1.62 -2.37 6.01 3.05 8.97 1.25 8.13 5.60 5.17
EBIT Less CapEx to Interest Expense
1.41 0.65 -4.44 4.93 1.57 7.18 -0.96 5.35 3.91 2.10
NOPAT Less CapEx to Interest Expense
0.40 -0.94 -3.91 2.46 -1.07 3.82 -2.86 3.80 1.08 -0.28
Payout Ratios
- - - - - - - - - -
Dividend Payout Ratio
27.74% 41.63% 68.35% 101.48% 114.76% 54.17% 52.35% 54.75% 59.22% 75.32%
Augmented Payout Ratio
30.90% 49.25% 68.35% 101.48% 114.76% 55.49% 52.35% 54.75% 59.22% 76.66%

Frequently Asked Questions About Andersons' Financials

When does Andersons's fiscal year end?

According to the most recent income statement we have on file, Andersons' financial year ends in December. Their financial year 2024 ended on December 31, 2024.

How has Andersons' net income changed over the last 10 years?

Andersons' net income appears to be on an upward trend, with a most recent value of $170.70 million in 2024, rising from $122.65 million in 2014. The previous period was $132.53 million in 2023.

What is Andersons's operating income?
Andersons's total operating income in 2024 was $190.31 million, based on the following breakdown:
  • Total Gross Profit: $693.93 million
  • Total Operating Expenses: $503.62 million
How has Andersons revenue changed over the last 10 years?

Over the last 10 years, Andersons' total revenue changed from $4.54 billion in 2014 to $11.26 billion in 2024, a change of 148.0%.

How much debt does Andersons have?

Andersons' total liabilities were at $2.52 billion at the end of 2024, a 7.8% increase from 2023, and a 63.7% increase since 2014.

How much cash does Andersons have?

In the past 10 years, Andersons' cash and equivalents has ranged from $22.59 million in 2018 to $643.85 million in 2023, and is currently $561.77 million as of their latest financial filing in 2024.

How has Andersons' book value per share changed over the last 10 years?

Over the last 10 years, Andersons' book value per share changed from 27.79 in 2014 to 40.10 in 2024, a change of 44.3%.

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This page (NASDAQ:ANDE) was last updated on 4/15/2025 by MarketBeat.com Staff
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