Saturday 10 October 2026 Export all ANDE data to Excel Powerpack

The Andersons, Inc.

ANDE Consumer Defensive Food Distribution

The Andersons, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.0 billion, down 2.21% from fiscal 2024. In the quarter to June 2026, revenue fell 1.22%, EPS grew 621.7%, free cash flow grew 64.6% and total debt rose 20.6%, each against the same quarter a year earlier. Dividend growth for ten consecutive years.

63.89 2.64 −3.97%

Follow ANDE

Alert me

Market cap: $2.3B
P/E: 12.3×
Fwd P/E: 13.8×
Dividend yield: 1.25%
F-score: 5/9
Altman Z: 4.13
Beneish M: −2.73
Dividend safety: 51/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 9.92

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	1	3	—	1	5	5	1	1	1	—	—	—

Insider Ownership 4.46%

Capital & Financial Ratios $m

Market Cap 2,260.00

Revenue 10,938.89

Net Income 180.44

Free Cash Flow 56.91

Net Debt 834.22

Current Ratio 1.51

Debt/Equity 0.66

P/E ratio 12.26

Fwd P/E 13.80

P/S ratio 0.20

P/B ratio 1.60

Past 5Y EPS Growth 64.73%

This Y EPS Growth 95.94%

Next Y EPS Growth 16.77%

Next Y revenue growth 5.61%

Next 5Y EPS Growth 17.17%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 21.28%

10-year low 10-year high

P/S against its own 10 years 63.22%

10-year low 10-year high

P/B against its own 10 years 93.43%

10-year low 10-year high

EV/Sales against its own 10 years 56.72%

10-year low 10-year high

EV/FCF against its own 10 years 85.17%

10-year low 10-year high

Dividends

Payout Ratio 0.15

Annual Dividend Rate 0.80

Annual Dividend Yield 1.25%

	total	individual payouts
2027	Powerpack
2026	0.80	0.20 0.20 0.20 0.20
2025	0.78	0.20 0.20 0.20 0.20
2024	0.57	0.19 0.19 0.19
2023	0.75	0.19 0.19 0.19 0.19
2022	0.73	0.18 0.18 0.18 0.19
2021	0.71	0.18 0.18 0.18 0.18
2020	0.70	0.18 0.18 0.18 0.18
2019	0.69	0.17 0.17 0.17 0.18
2018	0.67	0.17 0.17 0.17 0.17
2017	0.65	0.16 0.16 0.16 0.17
2016	0.63	0.16 0.16 0.16 0.16

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	644	562	98	67
Receivables	763	765	652	755
Inventory	1,167	1,287	1,365	961
Other	234	237	261	299
	2,807	2,850	2,376	2,082

	2023	2024	2025	Q'26
Payables	1,055	1,047	919	604
ST’ Debt	71	203	313	337
Other	278	254	246	191
	1,636	1,731	1,686	1,379

Compound Annual Growth %

	10y	5y	3y
Sales	10.12%	6.42%	(14.03%)
Cash Flow	1.39%	0.00%	(14.89%)
Earnings	0.00%	65.49%	(9.95%)
Book Value	5.11%	2.14%	(3.37%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	2,627	3,098	—	—	—
’25	2,659	3,136	2,678	2,536	11,009
’24	2,718	2,795	2,621	3,123	11,258
’23	3,881	4,020	3,636	3,213	14,750
’22	3,978	4,451	4,219	4,677	17,325
’21	2,595	3,236	2,999	3,783	12,612
’20	1,853	1,890	1,886	2,436	8,065

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(394)	488	—	—	—
’25	(350)	299	234	(6)	177
’24	(240)	304	(2)	269	332
’23	(334)	541	489	251	947
’22	(1,075)	353	568	440	287
’21	(446)	200	365	(170)	(51)
’20	(228)	374	50	(270)	(74)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(445)	412	—	—	—
’25	(397)	250	167	(77)	(56)
’24	(266)	276	(40)	213	182
’23	(356)	489	455	209	796
’22	(1,099)	347	540	396	184
’21	(459)	194	348	(192)	(109)
’20	(259)	341	44	(284)	(158)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.97	1.65	—	—	—
’25	0.01	0.23	0.59	1.97	2.79
’24	0.16	1.05	0.80	1.31	3.32
’23	(0.44)	1.61	0.28	1.49	2.94
’22	0.16	2.32	1.06	0.26	3.81
’21	0.45	1.30	0.46	0.86	3.07
’20	(1.15)	0.92	(0.03)	0.48	0.23

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	23.25	29.60	27.62	17.40	10.00	22.45	29.35	33.44	39.25	31.03	Analyst estimates 2026–2028 Powerpack
	High	44.90	44.45	41.70	38.23	25.88	39.71	59.00	58.84	61.46	56.47
People
People	Employees	2,998	1,843	1,858	2,247	2,359	2,371	2,283	2,334	2,299	2,137
	Revenue/emp, $m	1.31	2.00	1.64	3.56	3.42	5.32	7.59	6.32	4.90	5.15
Income, $m
Income, $m	Revenue	3,925	3,686	3,045	8,003	8,065	12,612	17,325	14,750	11,258	11,009
	Gross margin, %	8.80	8.65	9.92	5.76	4.54	4.70	3.95	5.05	6.16	6.48
	EBT	21	(21)	53	13	(27)	161	195	170	201	141
	EBT margin, %	0.54	(0.56)	1.75	0.16	(0.34)	1.27	1.12	1.15	1.78	1.29
	Net income	14	43	41	15	(16)	132	155	133	171	119
	Depreciation	84	145	90	146	189	179	135	125	128	133
Per share, $
Per share, $	Revenue	139.21	131.07	107.77	245.72	244.95	378.98	513.63	437.46	330.79	323.45
	Earnings	0.41	1.46	1.47	0.55	0.23	3.12	3.89	3.00	3.35	2.81
	Cash flow	1.40	2.68	(1.26)	10.70	(2.26)	(1.53)	8.51	28.08	9.74	5.20
	Capex	(3.77)	(5.00)	(8.14)	(7.58)	(2.54)	(1.75)	(3.05)	(4.46)	(4.38)	(6.85)
	Free cash flow	(2.37)	(2.33)	(9.40)	3.12	(4.80)	(3.28)	5.46	23.62	5.36	(1.65)
	Book value	28.05	29.26	31.03	36.71	35.25	39.30	42.39	44.97	47.01	37.91
	Shares, m	28	28	28	33	33	33	34	34	34	34
Valuation, ×
Valuation, ×	P/E	105.61	21.53	20.33	45.14	111.41	12.33	8.78	19.21	12.13	18.92
	P/S	0.31	0.24	0.28	0.10	0.10	0.10	0.07	0.13	0.12	0.16
	P/B	1.54	1.08	0.96	0.69	0.70	0.99	0.80	1.28	0.86	1.40
	EV/Sales	0.42	0.37	0.51	0.25	0.22	0.17	0.11	0.13	0.14	0.23
	EV/FCF	(24.44)	(20.63)	(5.81)	19.63	(10.96)	(20.20)	10.35	2.43	8.93	(46.04)
Cash, $m
Cash, $m	Operating cash flow	40	75	(36)	349	(74)	(51)	287	947	332	177
	Capex	(106)	(141)	(230)	(247)	(84)	(58)	(103)	(150)	(149)	(233)
	Free cash flow	(67)	(65)	(266)	102	(158)	(109)	184	796	182	(56)
Balance, $m
Balance, $m	Working capital	258	260	190	505	485	908	945	1,171	1,119	690
	Total debt	474	495	723	1,226	956	1,135	875	634	811	873
	Net debt	411	460	700	1,171	927	918	760	(10)	249	775
	Shareholders’ equity	791	823	877	1,196	1,161	1,308	1,430	1,516	1,600	1,290
Returns, %
Returns, %	ROA	0.50	1.93	1.82	0.58	0.19	2.35	2.86	2.39	2.86	2.44
	ROIC	1.06	(1.86)	1.50	0.26	(0.34)	4.51	6.21	6.89	6.43	3.34
	ROE	1.47	5.27	4.88	1.77	0.65	8.43	9.58	6.87	7.32	6.62

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SYY Sysco Corporation	$38.5B	21.3×	15.8×	+4.67% (above 0%: growing)	+4.55% (above 0%: growing)	+13.54% (above 0%: growing)	18.69%	4.45%	Compare
USFD US Foods Holding Corp.	$21.0B	29.5×	21.6×	+4.46% (above 0%: growing)	+29.90% (above 0%: growing)	+36.02% (above 0%: growing)	18.22%	4.21%	Compare
PFGC Performance Food Group Company	$14.9B	41.1×	23.7×	+6.43% (above 0%: growing)	+22.35% (above 0%: growing)	+6.02% (above 0%: growing)	12.03%	1.80%	Compare
CHEF The Chefs' Warehouse, Inc.	$4.5B	47.4×	38.8×	+12.92% (above 0%: growing)	+58.18% (above 0%: growing)	+987.24% (above 0%: growing)	25.06%	5.02%	Compare
UNFI United Natural Foods, Inc.	$2.7B	32.0×	19.2×	−0.70% (below 0%: shrinking)	n/m	+11.82% (above 0%: growing)	13.74%	0.90%	Compare
ANDE The Andersons, Inc.	$2.3B	12.3×	13.8×	−1.22% (below 0%: shrinking)	+621.74% (above 0%: growing)	+64.62% (above 0%: growing)	7.22%	1.61%
AVO Mission Produce, Inc.	$1.0B	295×	21.0×	+25.80% (above 0%: growing)	n/m	−161.50% (below 0%: shrinking)	9.93%	0.11%	Compare
WILCF G. Willi-Food International, Ltd.	$397.9M	13.1×	17.7×	+13.27% (above 0%: growing)	−21.88% (below 0%: shrinking)	+253.73% (above 0%: growing)	33.33%	15.77%	Compare
HFFG HF FOODS GROUP INC.	$86.8M	— (loss-making)	62.3×	+2.84% (above 0%: growing)	+150.00% (above 0%: growing)	−1,361.99% (below 0%: shrinking)	17.00%	0.87%	Compare
Median of peers	$3.6B	32.0×	21.3×	+5.55%	+26.13%	+12.68%	17.61%	3.01%

All 12 Food Distribution stocks →

The Andersons, Inc. (ANDE) key facts

Concern: The Andersons, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $11.0 billion, down 2.21% from fiscal 2024.
Concern: Net income was $119.3 million, or $2.81 per share (basic), a net margin of 0.87%.
The Andersons, Inc. (ANDE) is a Food Distribution company in the Consumer Defensive sector, listed on Nasdaq.
As of October 9, 2026, ANDE traded at $63.89, a market capitalization of $2.3 billion.
At that price the stock trades at 12.3× trailing-twelve-month earnings and 0.2× sales; its P/E is higher than 21% of its own readings over the past ten years.
The Andersons, Inc. pays an annual dividend of $0.80 per share, a yield of 1.25%, with a payout ratio of 15.4%.
Return on equity was 6.62% and debt-to-equity 0.66.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 4.13 (safe zone) for fiscal 2025.