Andersons, Inc. (NASDAQ:ANDE)
Insiders here have filed 9 Form 4s in the last 90 days, but all of them are share awards, grants or other non-market transactions. Those are compensation, not a decision to buy, so they are not scored.
Profitable, but on a thin margin.
- Revenue
- $10.94B
- Net income
- $177.3M
- Net margin
- 1.6%
A manageable debt load.
- Total debt
- $900.8M
- Cash
- $66.5M
- Net debt / EBITDA
- 2.44x
Comfortably covers what is due within a year.
- Current assets
- $2.08B
- Current liabilities
- $1.38B
- Current ratio
- 1.51
Roughly cash-neutral.
- Operating cash flow
- $321.9M
- Free cash flow
- $56.9M
- FCF margin
- 0.5%
Not funding itself by issuing shares.
- Shares outstanding
- 34.1M
- Share growth (1y)
- -0.3%
Five pillars — profitability, leverage, liquidity, cash generation, dilution & runway — each scored 0–20 from the company’s own income statement, balance sheet and cash-flow statement, then scaled to 100. A pillar the statements cannot answer is left out rather than guessed; fewer than three and no score is shown.
ANDE Income Statement
| Fiscal Period | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 |
|---|---|---|---|---|---|---|
| Period Ending | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 |
| Revenue | 3.10 B | 2.63 B | 2.54 B | 2.68 B | 3.14 B | 2.66 B |
| Revenue Growth (YoY) | -1.22 % | -1.20 % | -18.79 % | 2.16 % | 12.19 % | -2.17 % |
| Cost of Revenue | 2.87 B | 2.39 B | 2.31 B | 2.51 B | 2.98 B | 2.51 B |
| Gross Profit | 223.73 M | 235.38 M | 230.99 M | 170.87 M | 158.42 M | 152.87 M |
| SG&A Expense | 173.77 M | 144.66 M | 150.47 M | 172.55 M | 0.00 | 145.75 M |
| R&D Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Expenses | 173.77 M | 144.66 M | 150.47 M | 172.55 M | 134.59 M | 145.75 M |
| Operating Income | 49.96 M | 90.72 M | 80.53 M | -1.68 M | 23.83 M | 7.12 M |
| Pretax Income | 67.34 M | 33.89 M | 87.58 M | 25.84 M | 24.84 M | 3.21 M |
| Tax Provision | 13.39 M | 4.56 M | 16.49 M | -228.00 K | 8.03 M | -2.12 M |
| Net Income | 56.56 M | 33.19 M | 67.43 M | 20.14 M | 7.86 M | 284.00 K |
| EPS (Basic) | 1.66 | 0.98 | 1.98 | 0.59 | 0.23 | 0.01 |
| EPS (Diluted) | 1.65 | 0.97 | 1.97 | 0.59 | 0.23 | 0.01 |
| Shares Outstanding | 34.06 M | 34.01 M | 34.01 M | 34.01 M | 34.16 M | 28.40 M |
Quarterly figures; YoY compares the same fiscal quarter a year earlier. Source: public market data.