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Companies / Consumer Staples / Andersons, Inc.
ANDE

Andersons, Inc.

Ticker ANDEMAUMEE, OHFiscal year ends DecemberBook value per share $39.51Diluted shares 34.3M

The Andersons, Inc. (Nasdaq: ANDE) is a North American agriculture and renewable fuels company founded in 1947. Its Agribusiness segment merchandises agricultural commodities, manages logistics and grain handling, and manufactures, distributes and retails agricultural nutrients and related products. Principal… From the company’s description.

Over the twelve months to Sep 30, 2026, Andersons, Inc. reported revenue of $11.09B, down 4.3% from a year earlier, and net income of $198.24M. Its operating margin was 1.6%, and operations used $36.16M in cash. In fiscal 2025, it reported revenue of $11.01B, down 2.2% from fiscal 2024, and net income of $119.30M.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-09-30
Sales & profitability
$11.01BFY2025
−2.2% year over year
Last 12 mo $11.09B
1.00%FY2025
−0.7 percentage points
Last 12 mo 1.62%
$119.30MFY2025
−30.1% year over year
Last 12 mo $198.24M
8.92%FY2025
+0.6 percentage points
Last 12 mo 15.04%
Cash & financing
$177.00MFY2025
−46.6% year over year
Last 12 mo $-36.16M
$-56.13MFY2025
−130.8% year over year
Last 12 mo $-293.91M
0.70FY2025
Was 0.59× a year earlier
Last 12 mo 0.80
34.3MFY2025
No change, year over year
Last 12 mo 34.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Andersons, Inc. does

In the company’s own words

The Andersons, Inc. (Nasdaq: ANDE) is a North American agriculture and renewable fuels company founded in 1947. Its Agribusiness segment merchandises agricultural commodities, manages logistics and grain handling, and manufactures, distributes and retails agricultural nutrients and related products. Principal commodities include corn, wheat and soybeans; customers include agricultural producers, commodity end users, exporters, ethanol plants and industrial and consumer markets. The Renewables segment produces, purchases and sells ethanol and co-products, and trades ethanol, biofuels and renewable feedstocks. Following its 2025 acquisition of the remaining ownership interest in The Andersons Marathon Holdings, the company operates four ethanol plants in Iowa, Indiana, Michigan and Ohio, with combined nameplate capacity of 405 million gallons. Its Other activities include corporate functions and a small venture fund. At December 31, 2025, the company had 2,137 employees working across approximately 180 locations in the United States, Canada and other countries. Its website is www.andersonsinc.com.

Company details
Sector
Consumer Staples
Industry (SIC)
Wholesale
Headquarters
MAUMEE, OH
Fiscal year end
December
CIK
821026
SIC
5150

Financial performance, year by year

Fiscal 2012–2025 · USD
$-1.75B$3.45B$8.66B$13.86B$19.06B20122013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Andersons, Inc. — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

287
funds hold it
0 of 35
superinvestors hold it
$1.22B
held by funds, at market
50.9%
of shares held by funds

Largest fund holders · Andersons, Inc.’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.12%of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
iShares Russell 2000 ETF
IWM · iShares Trust
0.07%of fund net assets
U.S. SMALL CAP VALUE PORTFOLIO
DFSVX · DFA INVESTMENT DIMENSIONS GROUP INC
—of fund net assets
VANGUARD SMALL-CAP INDEX FUND
VB · VANGUARD INDEX FUNDS
0.03%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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