The Andersons, Inc. (ANDE) Financial Statements (2024 and earlier)

Company Profile

Business Address 1947 BRIARFIELD BOULEVARD
MAUMEE, OH 43537
State of Incorp. OH
Fiscal Year End December 31
Industry (SIC) 515 - Farm-product Raw Materials (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments   115   
Cash and cash equivalents   115   
Receivables1,0301,1351,2491,0031,1591,069
Inventory, net of allowances, customer advances and progress billings9911,5511,7321,5561,6181,950
Inventory9911,5511,7321,5561,6181,950
Derivative instruments and hedges, assets348222296502638770
Disposal group, including discontinued operation   3 1920
Other current assets7281727570114
Other undisclosed current assets9661 1296818
Total current assets:2,5373,0503,4663,2653,5733,941
Noncurrent Assets
Operating lease, right-of-use asset605962595052
Property, plant and equipment663679763766763772
Intangible assets, net (including goodwill)219224230229235240
Goodwill129129129129129129
Intangible assets, net (excluding goodwill)909510199105111
Disposal group, including discontinued operation, noncurrent assets     2445
Other noncurrent assets9089871009293
Total noncurrent assets:1,0331,0521,1421,1531,1641,202
TOTAL ASSETS:3,5704,1024,6084,4194,7375,143
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities181202246230212206
Taxes payable23
Accrued liabilities181202246206212206
Deferred revenue190310371259184385
Debt1307243837651,2151,504
Derivative instruments and hedges, liabilities25110899137186217
Disposal group, including discontinued operation     710
Due to related parties37433
Other undisclosed current liabilities6417661,417926770738
Total current liabilities:1,3932,1122,5212,3212,5783,063
Noncurrent Liabilities
Long-term debt and lease obligation576487493498563571
Long-term debt, excluding current maturities576487493498563571
Liabilities, other than long-term debt162156164139150160
Deferred income tax liabilities575464596368
Disposal group, including discontinued operation, liabilities     315
Other liabilities706663808477
Operating lease, liability343637   
Other undisclosed noncurrent liabilities    352931
Total noncurrent liabilities:738643657672742763
Total liabilities:2,1322,7563,1782,9923,3203,826
Equity
Equity, attributable to parent1,2311,1701,1991,1941,1671,089
Common stock000000
Treasury stock, value(10)(11)(15)(10)(2)(2)
Additional paid in capital380378385382379376
Accumulated other comprehensive income251620161514
Retained earnings835786808806775702
Equity, attributable to noncontrolling interest207177231233250228
Total equity:1,4381,3461,4301,4271,4171,317
TOTAL LIABILITIES AND EQUITY:3,5704,1024,6084,4194,7375,143

Income Statement (P&L) ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Revenues4,0203,8814,6774,2194,4513,978
Cost of revenue
(Cost of Goods and Services Sold)
(3,798)(3,733)(4,507)(4,056)(4,220)(3,858)
Gross profit:222148170164231120
Operating expenses(116)(204)(136)(116)(113)(102)
Operating income (loss):106(56)344811818
Nonoperating income12861234
Investment income, nonoperating7     
Other nonoperating income (expense)28 1234
Other undisclosed loss from continuing operations before equity method investments, income taxes   (0)   
Income (loss) from continuing operations before equity method investments, income taxes:118(48)394914122
Income (loss) from equity method investments   61(6)(0)
Other undisclosed loss from continuing operations before income taxes(14)(17)(14)(15)(17)(11)
Income (loss) from continuing operations before income taxes:104(65)313511811
Income tax expense (benefit)(22)6(10)(10)(16)(4)
Income (loss) from continuing operations:83(59)21251027
Income before gain (loss) on sale of properties:441026
Income (loss) from discontinued operations   (6)19(1)(1)
Net income (loss):83(59)15441026
Net income (loss) attributable to noncontrolling interest(28)44(6)(8)(22)(0)
Net income (loss) available to common stockholders, diluted:55(15)937806

Comprehensive Income ($ in millions)

9/30/2023
Q3
6/30/2023
Q2
3/31/2023
Q1
12/31/2022
Q4
9/30/2022
Q3
6/30/2022
Q2
3/31/2022
Q1
Net income (loss):83(59)15441026
Other comprehensive income (loss)9(4)51212
Comprehensive income (loss):92(63)204510318
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(28)44(6)(8)(22)(0)
Comprehensive income (loss), net of tax, attributable to parent:64(19)14388118

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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