The Andersons Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	11,009	11,258	14,750	17,325	12,612
Revenue Growth (YoY)	-2.21%	-23.68%	-14.86%	37.37%	56.39%
Cost of Revenue	10,297	10,583	14,017	16,641	12,019
Gross Profit	712.25	674.53	732.86	684.16	592.7
Selling, General & Admin	577.81	500.09	491.22	456.55	422.12
Operating Expenses	579.33	501.22	492.26	457.56	423.13
Operating Income	132.92	173.31	240.6	226.61	169.57
Interest Expense	-47.16	-31.76	-46.87	-56.85	-37.29
Interest & Investment Income	7.2	21.09	13.01	3	1.53
Earnings From Equity Investments	-	-	-	-	4.84
Other Non Operating Income (Expenses)	44.14	8.22	16.94	0.86	12.56
EBT Excluding Unusual Items	137.1	170.86	223.68	173.62	151.21
Merger & Restructuring Charges	-5.9	-2.4	-	-	-
Gain (Loss) on Sale of Investments	-	3.12	6.54	-	-
Gain (Loss) on Sale of Assets	-	-	-	1.69	14.66
Asset Writedown	-18.13	-	-87.16	-9	-8.95
Other Unusual Items	-	-	2.19	17.64	-
Pretax Income	141.47	200.76	169.56	194.58	160.77
Income Tax Expense	22.17	30.06	37.03	39.63	29.23
Earnings From Continuing Operations	119.3	170.7	132.53	154.95	131.54
Earnings From Discontinued Operations	-	-	-	12.03	4.32
Net Income to Company	119.3	170.7	132.53	166.98	135.87
Minority Interest in Earnings	-23.59	-56.69	-31.34	-35.9	-31.88
Net Income	95.71	114.01	101.19	131.08	103.99
Net Income to Common	95.71	114.01	101.19	131.08	103.99
Net Income Growth	-16.05%	12.67%	-22.80%	26.05%	1248.72%
Shares Outstanding (Basic)	34	34	34	34	33
Shares Outstanding (Diluted)	34	34	34	34	34
Shares Change (YoY)	0.04%	-0.18%	-0.12%	1.68%	2.01%
EPS (Basic)	2.81	3.35	3.00	3.89	3.12
EPS (Diluted)	2.79	3.32	2.94	3.81	3.07
EPS Growth	-15.96%	12.93%	-22.82%	24.18%	1240.00%
Free Cash Flow	-56.13	182.32	796.31	147.38	-132.86
Free Cash Flow Per Share	-1.64	5.31	23.16	4.28	-3.92
Dividend Per Share	0.780	0.760	0.740	0.720	0.700
Dividend Growth	2.63%	2.70%	2.78%	2.86%	-
Gross Margin	6.47%	5.99%	4.97%	3.95%	4.70%
Operating Margin	1.21%	1.54%	1.63%	1.31%	1.34%
Profit Margin	0.87%	1.01%	0.69%	0.76%	0.82%
Free Cash Flow Margin	-0.51%	1.62%	5.40%	0.85%	-1.05%
EBITDA	266.24	301.11	365.71	361.35	326.75
EBITDA Margin	2.42%	2.67%	2.48%	2.09%	2.59%
D&A For EBITDA	133.32	127.8	125.11	134.74	157.17
EBIT	132.92	173.31	240.6	226.61	169.57
EBIT Margin	1.21%	1.54%	1.63%	1.31%	1.34%
Effective Tax Rate	15.67%	14.97%	21.84%	20.37%	18.18%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.