Fundamental analysis · SEC EDGAR · TTM through 30/06/2026

Fundamental analysis of Andersons, Inc.

ANDE · Nasdaq · Materials

Fundamental quality

REASONABLE

68

out of 100

Andersons, Inc. earns a fundamental-quality score of 68 out of 100, profiling it as a company of reasonable quality. Its score rests mainly on its growth (revenue +5.7%/yr). Its weakest area is its profitability (net margin 1.6%). Whether it's cheap or expensive depends on the current price, which you can compute in the tool.

What the company does

The Andersons is an American Midwest agricultural merchant: grain elevators, fertilizer, ethanol and plant nutrients, serving the corn-belt farmer for a century. A mid-sized player living off agricultural trading and processing margins.

What will shape its future

  • Ethanol margins, its most profitable and volatile leg.
  • Harvests and grain trading, the eternal business and its swings.
  • Weather and American farm policy, its uncontrollable variables.

Breakdown by area

I.Growth
95

EPS growth: 79.4% · Revenue growth: 5.7%

II.Profitability
41

Net margin: 1.6% · ROE: 13.4% · ROIC: 9.8%

III.Financial health
58

Net debt/EBITDA: 1.49x · FCF: 0.5%

Source: SEC EDGAR · TTM through 30/06/2026

The score includes +3 for dividend strength: 13 consecutive years of increases. Keeping that streak demands growing cash generation and balance-sheet discipline.

The score combines growth, profitability and financial strength. Here its growth weighs in its favor, while its profitability drags it down the most.

Versus its sector

Percentile against the other 27 Materials companies in our coverage: how far it beats them on each metric (100 = best in sector).

Net marginbeats 30%
ROEbeats 48%
Growthbeats 33%
Cash generationbeats 20%
Less debtbeats 56%

Computed from the daily dataset scores. A high percentile places the company among the best in its sector on that metric; it is not a buy recommendation.

Key concepts

What do these metrics mean? Fundamental analysis · What is the P/E · What is EPS · What is ROE · Net & gross margin · Free cash flow

Andersons, Inc. strengths

  • Growing earnings per share (79.4% annualized).
  • It has cut its net debt over the period.

Andersons, Inc. risks and weaknesses

  • Thin margins (net margin of 1.6%), little cushion for setbacks.
  • Erratic free cash flow, with several years in the red.

Andersons, Inc. historical evolution

YearRevenueNet incomeFree cash flowNet debt
20208,0658-152927
202112,612104-127416
202217,325131179487
202314,750101796-53
202411,25811418283
202511,00996-56525

Between 2020 and 2025, revenue went from $8,065M to $11,009M (+37%) and net income went from $8M to $96M (+1141%). It has also reduced its net debt over the period.

Annual figures in millions of U.S. dollars ($M) per SEC filings. Net debt is total debt minus cash.

Latest results

Versus the same period a year earlier

Figures for the half-year ended June 30, 2026, versus the half-year ended June 30, 2025 (SEC filings):

  • Revenue-1.2%
  • Net income+1,002.5%

What changed with the June 30, 2026 results

Compared with the previous close (March 31, 2026), this is what moved in its accounts:

  • Quality score6568
  • ROE10.1%13.4%
  • FCF margin-1%0.5%
  • Net debt/EBITDA1.7×1.49×

Automatic comparison between the two most recent periods filed with the SEC. One quarter doesn't make a trend: read it alongside the historical evolution above.

Dividend

$0.79

per share, yearly

28.1% of earnings

Payout

13 straight years raising it

Growth

The dividend yield depends on today's price. Compute it in the analyzer → · See all dividend-paying stocks →

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Is Andersons, Inc. cheap or expensive?

That depends on the current price. Look it up, enter it in the tool and get the full valuation verdict (P/E against its sector).

Compute the valuation →

Frequently asked questions

Is Andersons, Inc. a good company to invest in?

In terms of business quality, Andersons, Inc. scores 68 out of 100 in our analysis, placing it as a company of reasonable quality. That said, this isn't a recommendation: whether it's a good investment also depends on its current price and your goals.

Is Andersons, Inc. a profitable company?

Andersons, Inc. is profitable, with a net margin of 1.6%, though a thin one.

Does Andersons, Inc. have a lot of debt?

Not particularly. Its net debt is 1.49 times its EBITDA, a low level.

Is Andersons, Inc. growing?

Its revenue has grown 5.7% annualized in recent years and its earnings per share 79.4%.

Does Andersons, Inc. generate cash?

Yes. It converts about 0.5% of its revenue into free cash flow.

The thresholds are general and the system doesn't judge qualitative factors. See the full methodology and use this analysis as a first filter, never as a final decision.

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