ANDENasdaqWholesale-Farm Product Raw MaterialsFiscal year ends December 31

Andersons, Inc.

Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 4, 2026

$64.24−0.69 (-1.06%)

Close on Oct 19, 2026

Market cap: $2.20B
P/E (TTM): 12.4
Dividend yield: 1.22%

Andersons, Inc. income statement

Annual Quarterly TTM

Millions of USD, except per-share data. Shares in millions.

Line item	TTM Q2 2026 2026-06-30	TTM Q1 2026 2026-03-31	TTM FY 2025 2025-12-31	TTM Q3 2025 2025-09-30	TTM Q2 2025 2025-06-30	TTM Q1 2025 2025-03-31	TTM FY 2024 2024-12-31	TTM Q3 2024 2024-09-30	TTM Q2 2024 2024-06-30	TTM Q1 2024 2024-03-31	TTM FY 2023 2023-12-31	TTM Q3 2023 2023-09-30	TTM Q2 2023 2023-06-30	TTM Q1 2023 2023-03-31	TTM FY 2022 2022-12-31	TTM Q3 2022 2022-09-30	TTM Q2 2022 2022-06-30	TTM Q1 2022 2022-03-31	TTM FY 2021 2021-12-31	TTM Q3 2021 2021-09-30	TTM Q2 2021 2021-06-30	TTM Q1 2021 2021-03-31	TTM FY 2020 2020-12-31	TTM Q3 2020 2020-09-30	TTM Q2 2020 2020-06-30	TTM Q1 2020 2020-03-31	TTM FY 2019 2019-12-31	TTM Q3 2019 2019-09-30	TTM Q2 2019 2019-06-30	TTM Q1 2019 2019-03-31	TTM FY 2018 2018-12-31	TTM Q3 2018 2018-09-30	TTM Q2 2018 2018-06-30	TTM Q1 2018 2018-03-31	TTM FY 2017 2017-12-31	TTM Q3 2017 2017-09-30	TTM Q2 2017 2017-06-30	TTM Q1 2017 2017-03-31	TTM FY 2016 2016-12-31	TTM Q3 2016 2016-09-30
Revenue	10,939	10,977	11,009	11,596	11,539	11,198	11,258	11,347	12,362	13,587	14,750	16,215	16,798	17,229	17,325	16,431	15,210	13,995	12,612	11,338	10,224	8,843	8,065	7,442	7,539	8,009	8,003	7,097	5,800	4,386	3,045	3,237	3,388	3,470	3,686	3,795	3,818	3,889	3,925	3,995
Cost of Revenue	10,152	10,256	10,295	10,901	10,838	10,480	10,564	10,649	11,683	12,861	14,005	15,517	16,094	16,516	16,641	15,722	14,544	13,396	12,019	10,815	9,730	8,442	7,698	7,004	7,085	7,465	7,542	6,624	5,382	4,038	2,743	2,944	3,079	3,164	3,368	3,458	3,473	3,535	3,579	3,654
Gross Profit	787	721	714	695	702	718	694	699	679	726	745	698	704	713	684	708	666	599	593	523	494	437	366	401	417	471	461	473	418	348	302	293	309	306	319	338	345	354	346	341
Operating Expenses	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	429	437	395	354	307	258	258	260	270	287	301	312	318	316	321
Income from Equity Investments	–	–	–	–	–	–	–	–	–	–	–	–	–	–	-5.67	-3.14	-4.08	2.80	4.84	2.80	3.07	2.30	0.64	-4.76	-8.51	-8.75	-7.36	4.17	15	25	27	29	26	22	17	14	19	15	9.72	12
Other Non-Operating Income	124	104	78	71	47	40	42	46	47	54	50	47	34	38	34	35	47	35	37	33	23	21	18	24	23	25	19	12	16	13	16	16	15	17	23	18	15	17	12	37
Asset Impairment Charges	–	–	–	–	–	–	0	0	0	0	87	99	99	99	12	–	–	–	–	–	–	–	0	–	–	–	41	–	–	–	0	–	–	–	59	–	–	–	0	–
Gain (Loss) on Sale of Assets	–	–	–	–	–	–	–	–	–	–	–	–	–	–	1.69	17	19	12	15	6.78	7.90	–	1.31	–	–	–	5.48	0.94	4.77	5.35	5.22	7.14	8.86	9.43	14	11	–	–	0.67	–
Pretax Income	215	172	141	121	157	190	201	225	201	249	170	109	105	119	195	240	222	157	161	108	89	41	-27	-45	-56	-21	13	38	47	36	53	22	31	-17	-21	-2.90	-3.46	39	21	-60
Income Tax Expense	34	29	22	19	30	27	30	30	27	44	37	34	36	30	40	41	35	29	29	26	18	-4.27	-11	-7.01	-10	13	9.15	4.61	10	6.80	12	-65	-61	-61	-63	13	12	12	6.91	-16
Income from Continuing Operations	–	–	–	–	–	–	–	–	126	129	101	21	28	54	119	169	166	127	100	83	71	40	5.75	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Income from Discontinued Operations	–	–	–	–	–	–	–	–	–	–	0	-6.07	13	13	12	15	-2.58	0.26	4.32	6.18	4.77	–	1.96	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Net Income incl. Noncontrolling Interests	180	143	119	102	128	163	171	195	174	204	133	69	83	102	167	214	184	129	136	88	76	50	-14	-23	-31	-22	15	33	37	29	41	87	92	44	43	-16	-15	27	14	-44
Minority Interest in Earnings	3.12	15	24	29	47	55	57	75	72	83	31	10	-3.13	-8.92	36	63	53	34	32	-2.16	2.71	-10	-22	-22	-26	-17	-3.25	-2.35	-0.49	-0.13	-0.26	-0.15	-0.29	-0.24	0.10	1.24	2.77	3.86	2.88	2.02
Net Income	177	129	96	73	81	109	114	120	102	122	101	59	86	111	131	152	131	94	104	90	74	60	7.71	-1.63	-4.81	-5.36	18	35	38	29	41	87	92	44	43	-17	-18	23	12	-46
Net Income to Common	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	38	29	41	87	92	44	43	-17	-18	23	12	-46
EPS (Basic)(per share)	5.22	3.79	2.82	2.15	2.36	3.19	3.35	3.54	3.03	3.60	3.00	1.75	2.54	3.27	3.89	4.49	3.89	2.84	3.12	2.73	2.22	1.83	0.23	-0.06	-0.16	-0.16	0.56	1.20	1.26	1.10	1.47	3.11	3.27	1.57	1.51	-0.60	-0.63	0.82	0.41	-1.63
EPS (Diluted)(per share)	5.16	3.74	2.78	2.14	2.35	3.17	3.32	3.48	2.96	3.52	2.94	1.71	2.49	3.20	3.81	4.40	3.80	2.78	3.07	2.68	2.19	1.81	0.23	-0.06	-0.16	-0.17	0.55	1.18	1.24	1.09	1.46	3.10	3.26	1.56	1.50	-0.60	-0.63	0.82	0.41	-1.63
Shares Outstanding (Basic, Weighted)(shares)	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	33	33	33	33	33	33	33	33	33	33	31	30	29	28	28	28	28	28	28	28	28	28	28
Shares Outstanding (Diluted, Weighted)(shares)	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	34	33	33	33	33	33	33	32	30	29	28	28	28	28	28	28	28	28	28	28
Dividend per Share(per share)	0.80	0.79	0.79	0.78	0.78	0.77	0.77	0.76	0.75	0.75	0.75	0.74	0.74	0.73	0.73	0.72	0.72	0.71	0.71	0.70	0.70	0.70	0.70	0.70	0.70	0.69	0.69	0.68	0.68	0.67	0.67	0.66	0.66	0.65	0.65	0.64	0.64	0.63	0.63	0.62
Net Interest Income	-55	-51	-47	-45	-43	-38	-32	-30	-29	-37	-47	-53	-60	-63	-57	-51	-45	-38	-37	-37	-35	-37	-34	-32	-39	-43	-43	-53	-45	-37	-28	-24	-24	-22	-22	-21	-20	-20	-21	-22

Italic numbers are calculated by StockData (for example Q4 = full year − nine months). Per-share data and share counts are adjusted for stock splits. Hover a number for its source; click it to open the filing on SEC.gov. Click a row to chart it.

Ratios

Latest available, balances at Jun 30, 2026

Profitability, TTM

Gross margin: 7.2%
Operating margin: –
Net margin: 1.6%
Return on equity, FY2025: 7.3%

Financial strength

Current ratio: 1.51
Debt to equity: 0.68
Debt to assets: 25.9%
Cash to current liabilities: 4.8%

Valuation

P/E ratio: 12.4
Price to sales: 0.20
Price to book: 1.67
Dividend yield: 1.22%