The Andersons, Inc. (ANDE)

The Andersons Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	14,750	17,325	12,612	8,065	8,003
Revenue Growth (YoY)	-14.86%	37.37%	56.39%	0.77%	162.80%
Cost of Revenue	14,005	16,641	12,019	7,698	7,542
Gross Profit	745.36	684.16	592.7	366.2	460.77
Selling, General & Admin	492.26	457.56	423.13	377.7	409.71
Other Operating Expenses	87.16	9	8.95	0	41.21
Operating Expenses	579.42	466.56	432.07	377.7	450.92
Operating Income	165.95	217.61	160.62	-11.5	9.85
Interest Expense / Income	46.87	56.85	37.29	33.78	43.21
Other Expense / Income	-19.14	-9.95	-9.88	-42.08	-60.81
Pretax Income	138.22	170.71	133.21	-3.2	27.45
Income Tax	37.03	39.63	29.23	-10.91	9.15
Net Income	101.19	131.08	103.99	7.71	18.31
Net Income Growth	-22.80%	26.06%	1248.72%	-57.88%	-55.87%
Shares Outstanding (Basic)	34	34	33	33	33
Shares Outstanding (Diluted)	34	34	34	33	33
Shares Change	-0.12%	1.67%	2.01%	0.28%	16.32%
EPS (Basic)	3.00	3.89	3.12	0.23	0.56
EPS (Diluted)	2.94	3.81	3.07	0.23	0.55
EPS Growth	-22.83%	24.10%	1234.78%	-58.18%	-62.33%
Free Cash Flow	802.68	189.39	-109.2	-158.13	101.62
Free Cash Flow Per Share	23.81	5.62	-3.28	-4.80	3.12
Dividend Per Share	0.745	0.725	0.705	0.700	0.685
Dividend Growth	2.76%	2.84%	0.71%	2.19%	3.01%
Gross Margin	5.05%	3.95%	4.70%	4.54%	5.76%
Operating Margin	1.13%	1.26%	1.27%	-0.14%	0.12%
Profit Margin	0.69%	0.76%	0.82%	0.10%	0.23%
Free Cash Flow Margin	5.44%	1.09%	-0.87%	-1.96%	1.27%
Effective Tax Rate	26.79%	23.21%	21.94%	-	33.31%
EBITDA	310.2	362.3	349.44	219.22	216.82
EBITDA Margin	2.10%	2.09%	2.77%	2.72%	2.71%
Depreciation & Amortization	125.11	134.74	178.93	188.64	146.17
EBIT	185.09	227.56	170.51	30.58	70.66
EBIT Margin	1.25%	1.31%	1.35%	0.38%	0.88%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).