The Andersons, Inc.

The Andersons, Inc.

ANDEยทNASDAQ

$72.91

+0.34%
Consumer DefensiveFood Distribution

The 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.

At a Glance

Live Snapshot
Market Cap$2.48B
EPS2.8100
P/E Ratio25.95
Earnings Date08/03/2026
3Y-38.0%
5Y-338.0%
10Y+347.0%
3Y+269.0%
5Y+125.0%
10Y+592.0%
3Y+34.0%
5Y-428.0%
10Y+3481.0%
ANDE

The Andersons, Inc. Cash Conversion Engine

ANDE ยท NASDAQ
Net Income95.71M
Depreciation & Amortization133.32M
Stock-Based Compensation16.98M
Change in Working Capital-101.17M
Others38.16M
Capital Expenditures-233.12M
Free Cash Flow-56.12M

Cash Flow Quality Analysis

FCF Conversion Rate

-58.6%

Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.

CapEx Intensity

131.7%

Very high capital intensity consumes most operating cash flow. Limited flexibility for dividends or debt reduction.

FCF Growth Trend

-130.8%

Significant FCF decline raises concerns. Urgent review needed of operational performance and capital allocation.

Working Capital Impact

-$101.17M

Significant working capital drain. Growth may be consuming cash through inventory buildup or receivables extensionโ€”monitor closely.

Cash Flow Quality Insight

Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.

The Andersons, Inc. Cash Flow Statement

ANDE โ€ข NASDAQ

The Andersons, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 2009Dec 2008Dec 2007Dec 2006
OPERATING ACTIVITIES
95.7M
170.7M
101.2M
167M
135.9M
-14.2M
15.1M
41.2M
42.6M
14.5M
-11.3M
122.6M
95.7M
75.6M
96.8M
64.9M
39.6M
32.9M
68.8M
36.3M
133.3M
127.8M
125.1M
134.7M
178.9M
188.6M
146.2M
90.3M
86.4M
84.3M
78.5M
62M
55.3M
49M
40.8M
38.9M
36M
29.8M
26.3M
24.7M
-6M
-2.9M
-1.6M
-20M
-104.6M
26.4M
5.1M
11M
-63.2M
6M
27.3M
21.8M
40.4M
16.5M
5.5M
12.2M
16.4M
4.1M
5.3M
7.4M
17M
13.6M
12.9M
11.2M
11M
10.2M
16.2M
6.6M
6.1M
7M
1.9M
8.6M
4.3M
4M
4.1M
2.6M
2.7M
4.1M
4.4M
2.9M
38.2M
14M
113.7M
22.1M
-4.4M
27.5M
10M
-32.6M
37.1M
11.3M
71.9M
114K
-65.2M
-14.4M
-27M
-33.1M
-13.5M
115.9M
-37.1M
-14.2M
-101.2M
8.2M
595.5M
-27.9M
-267.8M
-312.9M
156M
-152.1M
-33.7M
-83.5M
-14.1M
-225.2M
206.7M
197.9M
170.1M
-324.8M
98.9M
91.9M
-227.5M
-117.2M
177M
331.5M
946.8M
287.1M
-51.1M
-74.4M
348.6M
-35.5M
75.3M
39.6M
154.1M
-10.1M
337.2M
328.5M
290.3M
-239.3M
180.2M
278.7M
-164.3M
-62.9M
INVESTING ACTIVITIES
-233.1M
-149.2M
-150.4M
-139.7M
-81.8M
-104.9M
-270.5M
-309.6M
-177.6M
-163M
-187.5M
-149.7M
-139.4M
-180.5M
-108.3M
-49.3M
-41.5M
-118.3M
-76.4M
-101.9M
(0.0)
-29.2M
-14.4M
-15.1M
(6.7M)
(29.8M)
-102.6M
-3.3M
-8.1M
(6.7M)
-127.9M
(26.5M)
-64.5M
-220.3M
-2.4M
-39.3M
-30.5M
-18.9M
(0.0)
(0.0)
(0.0)
(0.0)
-1.7M
-2.1M
-6.2M
-3.1M
-1.5M
-1.1M
-5.7M
(111.6M)
-938K
(0.0)
(0.0)
-20M
-121K
-13.5M
-1.2M
-41.5M
-36.2M
-34.3M
0.0
0.0
0.0
0.0
0.0
-29.8M
18.1M
0.0
1.1M
15M
1.6M
-17.1M
0.0
20M
31.3M
22M
0.0
68.5M
0.0
0.0
37.8M
15.3M
12.7M
104M
568.6M
21.2M
31.4M
126.9M
72.2M
113.1M
76.9M
33.5M
97.6M
110.2M
24.8M
13M
9.8M
70.7M
49M
67M
-195.3M
-163.1M
-153.9M
-52.9M
(487.2M)
-86.8M
-325M
-186M
-113.5M
-28.2M
-238.5M
-89.7M
-106.3M
-290.6M
-86M
-89M
-63.4M
-108M
-63.6M
-69.2M
FINANCING ACTIVITIES
-15.4M
-2.3M
-1.7M
-12.7M
0.0
0.0
0.0
0.0
0.0
1M
-49.1M
1.5M
1.9M
1.3M
-2.2M
1.3M
521K
990K
3.4M
83.5M
58.4M
-108.5M
-183.3M
-251.3M
-233.6M
167.2M
35.3M
193.9M
32.1M
-1.8M
104.3M
-66.3M
-51M
84.1M
-203M
223.5M
-42.8M
-109M
202.4M
55M
-26.8M
-26.3M
-25.4M
-24.6M
-23.7M
-23M
-22.1M
-18.6M
-18.2M
-17.4M
-15.9M
-12.5M
-12M
-11.2M
-8.2M
-6.6M
-6.3M
-5.9M
-3.9M
-2.8M
-15.4M
-2.3M
-1.7M
-12.7M
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
(0.0)
-49.1M
(0.0)
(0.0)
(0.0)
-3M
(0.0)
-229K
-924K
(0.0)
(0.0)
-463.3M
-113.3M
-53.6M
-46.1M
8.6M
-7.9M
-4.5M
33.9M
-3.5M
5.7M
-5.9M
-17.3M
955K
5.6M
307K
-6.6M
-3.9M
2.6M
25M
5.9M
-447.1M
-250.4M
-264M
-334.7M
-248.8M
136.3M
8.7M
209.2M
10.5M
-12.5M
33.4M
-94.6M
-60.1M
79.9M
-213.1M
211.6M
-52.6M
-111.3M
226.8M
141.6M
CASH FLOW SUMMARY
2M
-156K
-293K
-660K
-108K
-880K
65K
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
-463.5M
-82.1M
528.6M
-101.2M
187.3M
-25.8M
32.3M
-12.3M
-27.7M
-1.1M
-51M
-194.4M
170.9M
117.8M
-8.8M
-116.7M
64.2M
59.4M
-1.1M
9.5M
561.8M
643.9M
115.3M
216.4M
29.1M
54.9M
22.6M
34.9M
62.6M
63.8M
114.7M
309.1M
138.2M
20.4M
29.2M
145.9M
81.7M
22.3M
23.4M
13.9M
98.3M
561.8M
643.9M
115.3M
216.4M
29.1M
54.9M
22.6M
34.9M
62.6M
63.8M
114.7M
309.1M
138.2M
20.4M
29.2M
145.9M
81.7M
22.3M
23.4M
-56.1M
182.3M
796.3M
147.4M
-132.9M
-179.3M
78.1M
-345.1M
-102.3M
-123.4M
-33.4M
-159.8M
197.8M
148M
181.9M
-288.5M
138.7M
160.3M
-240.7M
-164.8M

SEC Filings

ANDE - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 06, 2026
March 31, 2026
2026
8-K

8-K 2026

N/A

May 05, 2026
May 05, 2026
2026
8-K

8-K 2026

N/A

March 25, 2026
March 20, 2026
2026
DEF 14A

DEF 14A 2026

N/A

March 11, 2026
March 11, 2026
2026
10-K

10-K 2025 FY

FY

February 18, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

February 17, 2026
February 17, 2026
2026
8-K

8-K 2025

N/A

December 11, 2025
December 11, 2025
2025
8-K

8-K 2025

N/A

December 09, 2025
December 09, 2025
2025
10-Q

10-Q 2025 Q3

Q3

November 05, 2025
September 30, 2025
2025
Showing 1 to 10 of 421 filings