ANDE
The Andersons Inc
NASDAQ: ANDE · CONSUMER DEFENSIVE · FOOD DISTRIBUTION
$77.60
+1.32% today
Updated 2026-04-29
Market cap
$2.64B
P/E ratio
27.81
P/S ratio
0.24x
EPS (TTM)
$2.79
Dividend yield
1.02%
52W range
$31 – $79
Volume
0.3M
The Andersons Inc (ANDE) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.46B | $2.38B | $3.49B | $2.98B | $3.45B | $4.45B | $5.23B | $5.47B | $4.47B | $4.20B | $3.92B | $3.69B | $3.05B | $8.17B | $8.06B | $12.61B | $17.33B | $14.75B | $11.26B | $11.01B |
| Revenue growth (YoY) | — | +63.2% | +46.7% | -14.6% | +15.7% | +28.9% | +17.7% | +4.5% | -18.2% | -6.1% | -6.5% | -6.1% | -17.4% | +168.3% | -1.3% | +56.4% | +37.4% | -14.9% | -23.7% | -2.2% |
| Cost of revenue | $1.25B | $2.14B | $3.23B | $2.77B | $3.11B | $4.22B | $4.91B | $5.24B | $4.14B | $3.89B | $3.56B | $3.37B | $2.75B | $7.65B | $7.66B | $12.17B | $16.65B | $13.92B | $10.57B | $10.31B |
| Gross profit | $207.13M | $239.71M | $257.83M | $209.80M | $335.62M | $221.64M | $317.79M | $226.44M | $329.56M | $313.30M | $360.52M | $313.38M | $297.77M | $515.95M | $402.76M | $441.64M | $670.63M | $831.94M | $687.31M | $696.53M |
| Gross margin | 14.2% | 10.1% | 7.4% | 7.0% | 9.7% | 5.0% | 6.1% | 4.1% | 7.4% | 7.5% | 9.2% | 8.5% | 9.8% | 6.3% | 5.0% | 3.5% | 3.9% | 5.6% | 6.1% | 6.3% |
| R&D | $500000.00 | $600000.00 | $500000.00 | $1.40M | $1.80M | $800000.00 | $1.00M | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — | — |
| SG&A | $158.47M | $169.75M | $181.52M | $199.12M | $195.33M | $229.09M | $246.93M | $270.63M | $311.29M | $332.63M | $311.19M | $287.93M | $257.87M | $409.71M | $377.69M | $423.13M | $457.56M | $492.26M | $503.62M | $603.36M |
| Operating income | $48.66M | $69.96M | $67.60M | $10.68M | $140.29M | $-7.45M | $70.86M | $-48.09M | $10.68M | $-24.82M | $42.12M | $25.45M | $46.40M | $79.11M | $25.07M | $17.89M | $204.07M | $339.68M | $186.09M | $93.17M |
| Operating margin | 3.3% | 2.9% | 1.9% | 0.4% | 4.1% | -0.2% | 1.4% | -0.9% | 0.2% | -0.6% | 1.1% | 0.7% | 1.5% | 1.0% | 0.3% | 0.1% | 1.2% | 2.3% | 1.7% | 0.8% |
| EBITDA | $95.50M | $149.81M | $107.57M | $118.36M | $162.79M | $213.41M | $190.90M | $227.09M | $264.97M | $85.90M | $127.43M | $88.74M | $172.57M | $233.70M | $195.42M | $378.27M | $386.30M | $341.54M | $359.75M | $309.06M |
| EBITDA margin | 6.6% | 6.3% | 3.1% | 4.0% | 4.7% | 4.8% | 3.6% | 4.2% | 5.9% | 2.0% | 3.2% | 2.4% | 5.7% | 2.9% | 2.4% | 3.0% | 2.2% | 2.3% | 3.2% | 2.8% |
| EBIT | $70.77M | $123.55M | $77.80M | $82.34M | $123.88M | $172.57M | $141.92M | $171.78M | $202.96M | $7.44M | $43.10M | $2.33M | $82.28M | $87.53M | $6.78M | $199.34M | $251.55M | $216.43M | $231.95M | $175.74M |
| Interest expense | $16.30M | $19.05M | $31.24M | $20.69M | $19.86M | $25.26M | $22.16M | $20.86M | $21.76M | $20.07M | $21.12M | $21.57M | $27.85M | $59.42M | $33.78M | $37.29M | $56.85M | $46.87M | $31.76M | $51.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $36.35M | $68.78M | $32.90M | $38.35M | $64.66M | $95.11M | $79.48M | $89.94M | $109.73M | $-13.07M | $11.59M | $41.20M | $41.48M | $18.31M | $7.71M | $103.99M | $131.08M | $101.19M | $114.01M | $95.71M |
| Net income growth (YoY) | — | +89.2% | -52.2% | +16.6% | +68.6% | +47.1% | -16.4% | +13.2% | +22.0% | -111.9% | +188.7% | +255.4% | +0.7% | -55.9% | -57.9% | +1248.7% | +26.1% | -22.8% | +12.7% | -16.1% |
| Profit margin | 2.5% | 2.9% | 0.9% | 1.3% | 1.9% | 2.1% | 1.5% | 1.6% | 2.5% | -0.3% | 0.3% | 1.1% | 1.4% | 0.2% | 0.1% | 0.8% | 0.8% | 0.7% | 1.0% | 0.9% |