ANDERSONS, INC.
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $11.01B | $11.26B | $14.75B | $17.33B | $12.61B | $8.06B | $8.00B | $3.05B |
| Cost of Revenue | $10.30B | $10.56B | $14.00B | $16.64B | $12.02B | $7.70B | $7.54B | $2.74B |
| Gross Profit | $713.7M | $693.9M | $745.4M | $684.2M | $592.7M | $366.2M | $460.8M | $302.0M |
| Gross Margin | 6.5% | 6.2% | 5.1% | 3.9% | 4.7% | 4.5% | 5.8% | 9.9% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | — | — | — | — | — | — | — |
| Operating Income | $141.5M | $200.8M | $169.6M | $194.6M | $160.8M | $-27.1M | $13.0M | $53.2M |
| Operating Margin | 1.3% | 1.8% | 1.1% | 1.1% | 1.3% | -0.3% | 0.2% | 1.7% |
| Interest Expense | — | — | — | — | — | — | — | — |
| Pretax Income | $141.5M | $200.8M | $169.6M | $194.6M | $160.8M | $-27.1M | $13.0M | $53.2M |
| Income Tax Expense | $22.2M | $30.1M | $37.0M | $39.6M | $29.2M | $-10.9M | $9.1M | $11.9M |
| Net Income | $95.7M | $114.0M | $101.2M | $131.1M | $104.0M | $7.7M | $18.3M | $41.5M |
| Net Margin | 0.9% | 1.0% | 0.7% | 0.8% | 0.8% | 0.1% | 0.2% | 1.4% |
| EPS (Basic) | $2.81 | $3.35 | $3.00 | $3.89 | $3.12 | $0.23 | $0.56 | $1.47 |
| EPS (Diluted) | $2.79 | $3.32 | $2.94 | $3.81 | $3.07 | $0.23 | $0.55 | $1.46 |
| Shares Outstanding (Basic) | 34.0M | 34.0M | 33.7M | 33.7M | 33.3M | 32.9M | 32.6M | 28.3M |
| Shares Outstanding (Diluted) | 34.3M | 34.3M | 34.4M | 34.4M | 33.9M | 33.2M | 33.1M | 28.5M |
| Dividends Per Share | $0.79 | $0.77 | $0.75 | $0.73 | $0.71 | $0.70 | $0.69 | $0.67 |