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ANDEThe Andersons, Inc.
$68.00$2.3B
Overview & Verdict
Overview
Valuation & Forecasts
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ANDE logoThe Andersons, Inc.(ANDE)Earnings, Financials & Key Ratios

ANDE•NASDAQ
$68.00
24.3× P/E·Price updated Jul 7, 2026
SectorConsumer DefensiveIndustryFood DistributionSub-IndustryCommodity and Import Food Traders
AboutThe Andersons, Inc., an agriculture company, operates in trade, renewables, and plant nutrient sectors in the United States and internationally. The company's Trade segment operates grain elevators; stores commodities; and provides grain marketing, risk management, and origination services to its customers and affiliated ethanol facilities. 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 ethanol and coproducts marketing services to the ethanol plants it invests in and operates. The company's Plant Nutrient segment manufactures, distributes, and retails agricultural and related plant nutrients, corncob-based products, and pelleted lime and gypsum products; and crop nutrients, crop protection chemicals, and seed products, as well as provides application and agronomic services to commercial and family farmers. It also offers warehousing, packaging, and manufacturing services to nutrient producers and other distributors; and manufactures and distributes various industrial products, such as nitrogen reagents for air pollution control systems that are used in coal-fired power plants, and water treatment and dust abatement products. 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; pelleted lime, gypsum, and value add soil amendments; and specialty ag liquids, seed starters, zinc, and industrial liquids. The Andersons, Inc. was founded in 1947 and is based in Maumee, Ohio.Show more
  • Revenue$11.01B-2.2%
  • EBITDA$262M-16.6%
  • Net Income$96M-16.1%
  • EPS (Diluted)2.80-15.7%
  • Gross Margin6.48%+6.2%
  • EBITDA Margin2.38%-14.7%
  • Operating Margin1.17%-29.4%
  • Net Margin0.87%-14.2%
  • ROE6.62%-9.5%

ANDE Price & Volume

The Andersons, Inc. (ANDE) stock price & volume — 10-year historical chart

Loading chart...

Cyclical Commodity Volatility Strains Operational Cash Flow

Investment Thesis • Updated 2026Q1

VerdictNegative
Growth:Contracting
Profitability:Strained
Financial:Strained
Cash Flow:Mixed
Primary Risk:Commodity and basis volatility

Key Thesis Takeaways

  • The Andersons faces a challenging outlook characterized by persistent revenue contraction, evidenced by a 1.2% year-over-year decline in 2026Q1, and significant margin sensitivity inherent to its agricultural merchandising model.
  • While the company maintains a critical infrastructure network, the escalation of debt to $1.3 billion and a compressed current ratio of 1.37 suggest heightened liquidity risks.
  • Investors should monitor the firm's ability to manage seasonal working capital swings, which have historically caused extreme cash flow volatility, such as the $407 million outflow observed in 2025Q1.

Verdict Logic

the company's reliance on external financing to support a $1.3 billion debt load, combined with erratic cash conversion and a 2026Q1 FCF margin of -17.0%, warrants extreme caution.

ANDE Growth Metrics

The Andersons, Inc. (ANDE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.12%
5 Years6.42%
3 Years-14.03%
TTM-1.98%

Profit CAGR

10 Years-
5 Years65.49%
3 Years-9.95%
TTM18.31%

EPS CAGR

10 Years-
5 Years64.85%
3 Years-9.76%
TTM18.61%

Return on Capital

10 Years5.3%
5 Years8.04%
3 Years9.89%
Last Year5.82%

ANDE Recent Earnings

The Andersons, Inc. (ANDE) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 8/12 qtrs (67%)●Beat Revenue 2/12 qtrs (17%)
Q2 2026Latest
May 5, 2026
Metric
Actual
Est
EPS
$1.12+60.0%
$0.70
Rev
$2.6B-2.9%
$2.7B
Q1 2026
Feb 17, 2026
Metric
Actual
Est
EPS
$1.98+26.9%
$1.56
Rev
$2.5B-22.7%
$3.3B
Q4 2025
Nov 4, 2025
Metric
Actual
Est
EPS
$0.84-44.7%
$1.52
Rev
$2.7B-18.4%
$3.3B
Q3 2025
Aug 4, 2025
Metric
Actual
Est
EPS
$0.24-36.8%
$0.38
Rev
$3.1B+15.7%
$2.7B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 5, 2026
$1.12vs $0.70+60.0%
$2.6Bvs $2.7B-2.9%
Q1 2026Feb 17, 2026
$1.98vs $1.56+26.9%
$2.5Bvs $3.3B-22.7%
Q4 2025Nov 4, 2025
$0.84vs $1.52-44.7%
$2.7Bvs $3.3B-18.4%
Q3 2025Aug 4, 2025
$0.24vs $0.38-36.8%
$3.1Bvs $2.7B+15.7%
Based on last 12 quarters of dataView full earnings history →

Latest ANDE News

Recent stock market news and headlines for The Andersons, Inc. (ANDE)

PRNewsWire·Jun 22, 2026
The Andersons to Ring the Nasdaq Opening Bell on June 24, 2026

MAUMEE, Ohio, June 22, 2026 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces that its management team will ring the Nasdaq Opening Bell in celebration of 30 years as a publicly traded company. The ceremony recognizes the company's journey from its founding in 1947 as a strong regional business into one that plays an important role across the North American agriculture and renewable fuels supply chains.

PRNewsWire·Jun 18, 2026
The Andersons, Inc. Declares Cash Dividend for Third Quarter 2026

MAUMEE, Ohio, June 18, 2026 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) announces a third quarter 2026 cash dividend of 20 cents ($0.20) per share payable on July 22, 2026, to shareholders of record as of July 01, 2026. This is The Andersons 119th consecutive quarterly cash dividend since listing on the Nasdaq in February 1996.

PRNewsWire·Jun 18, 2026
The Andersons, Inc. Names David R. Heppner to Board of Directors

MAUMEE, Ohio, June 18, 2026 /PRNewswire/ -- The Andersons, Inc. (Nasdaq: ANDE) has named David R. Heppner to the company's board of directors, effective June 18, 2026.

Peers Comparison

Key metrics vs top competitors for The Andersons, Inc. (ANDE)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
ANDE logoANDEThe Andersons, Inc.Current
$68.00$2.32B24.29-2.21%0.87%6.62%1.16%
INGR logoINGRIngredion Incorporated
$98.57$6.22B8.82-2.84%9.36%15.48%—
CALM logoCALMCal-Maine Foods, Inc.
$85.41$4.05B3.4283.19%20.07%26.05%—
VITL logoVITLVital Farms, Inc.
$13.15$563.46M9.1325.26%6.1%14.47%—
GPRE logoGPREGreen Plains Inc.
$15.80$1.11B-8.78-14.93%-0.79%-2.01%—
REX logoREXREX American Resources Corporation
$46.08$1.52B18.431.24%14.13%13.67%—

Compare ANDE vs Peers

The Andersons, Inc. (ANDE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs INGR

Most directly comparable listed peer for ANDE.

Scale Benchmark

vs UNP

Larger-name benchmark to compare ANDE against a more recognizable public peer.

Peer Set

Compare Top 5

vs INGR, CALM, VITL, GPRE

ANDE SEC Filings & Documents

The Andersons, Inc. (ANDE) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 7, 2026·SEC

Material company update

May 5, 2026·SEC

Material company update

Mar 25, 2026·SEC

10-K Annual Reports

3
FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 5, 2025·SEC

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ANDE Frequently Asked Questions

The Andersons, Inc. (ANDE) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is The Andersons, Inc.'s revenue?

The Andersons, Inc. (ANDE) reported $10.98B in revenue for fiscal year 2025. This represents a 854% increase from $1.15B in 1996.

How fast is The Andersons, Inc. growing?

The Andersons, Inc. (ANDE) saw revenue decline by 2.2% over the past year.

Is ANDE profitable?

Yes, The Andersons, Inc. (ANDE) is profitable, generating $128.6M in net income for fiscal year 2025 (0.9% net margin).

Dividend & Returns
Does ANDE pay dividends?

Yes, The Andersons, Inc. (ANDE) pays a dividend with a yield of 1.16%. This makes it attractive for income-focused investors.

What is ANDE's return on equity?

The Andersons, Inc. (ANDE) has a return on equity (ROE) of 6.6%. This is below average, suggesting room for improvement.

What is The Andersons, Inc.'s free cash flow?

The Andersons, Inc. (ANDE) had negative free cash flow of $104.9M in fiscal year 2025, likely due to heavy capital investments.

What if you invested $1,000 in ANDE back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →