The Andersons, Inc. (ANDE)

The Andersons Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	11,347	14,750	17,325	12,612	8,065	8,003
Revenue Growth (YoY)	-30.02%	-14.86%	37.37%	56.39%	0.77%	162.80%
Cost of Revenue	10,649	14,005	16,641	12,019	7,698	7,542
Gross Profit	698.53	745.36	684.16	592.7	366.2	460.77
Selling, General & Admin	488.13	491.22	456.55	422.12	376.69	408.7
Operating Expenses	489.18	492.26	457.56	423.13	377.7	409.71
Operating Income	209.35	253.1	226.61	169.57	-11.5	51.06
Interest Expense	-29.6	-46.87	-56.85	-37.29	-33.78	-43.21
Interest & Investment Income	23.43	13.01	3	1.53	-	-
Earnings From Equity Investments	-1.18	-1.18	-5.67	4.84	0.64	-7.36
Other Non Operating Income (Expenses)	9.32	12.33	6.53	12.56	13.34	10.53
EBT Excluding Unusual Items	211.33	230.4	173.62	151.21	-31.31	11.02
Gain (Loss) on Sale of Investments	-2.03	6.54	-	-	-	35.21
Gain (Loss) on Sale of Assets	-0.05	5.78	1.69	14.66	1.31	8
Asset Writedown	-	-87.16	-9	-8.95	-	-41.21
Other Unusual Items	2.19	2.19	17.64	-	-	-
Pretax Income	225.27	169.56	194.58	160.77	-27.08	13.02
Income Tax Expense	30.24	37.03	39.63	29.23	-10.91	9.15
Earnings From Continuing Operations	195.03	132.53	154.95	131.54	-16.17	3.88
Earnings From Discontinued Operations	-	-	12.03	4.32	1.96	11.18
Net Income to Company	195.03	132.53	166.98	135.87	-14.22	15.06
Minority Interest in Earnings	-74.93	-31.34	-35.9	-31.88	21.93	3.25
Net Income	120.11	101.19	131.08	103.99	7.71	18.31
Net Income to Common	120.11	101.19	131.08	103.99	7.71	18.31
Net Income Growth	103.48%	-22.80%	26.06%	1248.72%	-57.88%	-55.87%
Shares Outstanding (Basic)	34	34	34	33	33	33
Shares Outstanding (Diluted)	34	34	34	34	33	33
Shares Change (YoY)	0.45%	-0.12%	1.67%	2.01%	0.28%	16.32%
EPS (Basic)	3.54	3.00	3.89	3.12	0.23	0.56
EPS (Diluted)	3.49	2.94	3.81	3.07	0.23	0.56
EPS Growth	102.69%	-22.82%	24.17%	1240.00%	-59.27%	-61.50%
Free Cash Flow	178.4	796.31	147.38	-132.86	-179.32	78.09
Free Cash Flow Per Share	5.18	23.16	4.28	-3.92	-5.40	2.36
Dividend Per Share	0.750	0.740	0.720	0.700	0.700	0.680
Dividend Growth	1.35%	2.78%	2.86%	0%	2.94%	3.03%
Gross Margin	6.16%	5.05%	3.95%	4.70%	4.54%	5.76%
Operating Margin	1.84%	1.72%	1.31%	1.34%	-0.14%	0.64%
Profit Margin	1.06%	0.69%	0.76%	0.82%	0.10%	0.23%
Free Cash Flow Margin	1.57%	5.40%	0.85%	-1.05%	-2.22%	0.98%
EBITDA	332.28	378.21	361.35	326.75	177.14	197.22
EBITDA Margin	2.93%	2.56%	2.09%	2.59%	2.20%	2.46%
D&A For EBITDA	122.93	125.11	134.74	157.17	188.64	146.17
EBIT	209.35	253.1	226.61	169.57	-11.5	51.06
EBIT Margin	1.84%	1.72%	1.31%	1.34%	-0.14%	0.64%
Effective Tax Rate	13.42%	21.84%	20.37%	18.18%	-	70.23%

Source: S&P Capital IQ. Standard template. Financial Sources.