← Andersons, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $11.6m |
$42.5m
+266.66%
|
$41.5m
-2.42%
|
$18.3m
-55.87%
|
$7.7m
-57.88%
|
$104.0m
+1248.72%
|
$131.1m
+26.06%
|
$101.2m
-22.80%
|
$114.0m
+12.67%
|
$95.7m
-16.05%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $11.6m |
$42.5m
+266.94%
|
$41.5m
-2.41%
|
$18.3m
-55.87%
|
($14.2m)
-177.65%
|
$135.9m
+1055.79%
|
$167.0m
+22.90%
|
$132.5m
-20.63%
|
$170.7m
+28.80%
|
$119.3m
-30.11%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | $14.5m | $42.6m | $41.2m | $15.1m | ($14.2m) | $135.9m | $167.0m | $132.5m | $170.7m | $119.3m | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $2.9m | $98k | ($259k) | ($3.2m) | ($21.9m) | $31.9m | $35.9m | $31.3m | $56.7m | $23.6m | — | |
| Depreciation, Depletion and Amortization | $84.3m | $86.4m | $90.3m | $146.2m | $188.6m | $178.9m | $134.7m | $125.1m | $127.8m | $133.3m | $134.7m | |
| Amortization of Intangible Assets | $16.8m | $18.1m | $19.1m | $35.4m | $32.2m | $30.3m | $24.1m | $24.5m | $22.5m | $16.8m | — | |
| Depreciation, Nonproduction | $48.9m | $48.3m | $46.5m | — | — | — | — | — | — | — | $134.7m | |
| Deferred Income Tax Expense (Benefit) | $6.0m | ($63.2m) | $11.0m | $6.4m | $26.1m | $201k | ($17.5m) | ($2.0m) | ($3.4m) | ($8.7m) | ($6.0m) | |
| Deferred Other Tax Expense (Benefit) | $2.6m | — | — | — | — | — | — | — | — | — | — | |
| Share-based Payment Arrangement, Noncash Expense | $7.0m | $6.1m | $6.6m | $16.2m | $10.2m | $11.0m | $11.2m | $12.9m | $13.6m | $17.0m | $17.0m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | — | — | — | — | — | — | — | — | $8.1m | — | — | |
| Share-based Payment Arrangement, Expense | $7.0m | $6.1m | $6.6m | $16.2m | $10.2m | $11.0m | $11.2m | $12.9m | $13.6m | — | $17.0m | |
| Equity Method Investment, Other than Temporary Impairment | — | — | — | — | — | — | $4.5m | $1.0m | — | — | — | |
| Goodwill, Impairment Loss | $0 | $59.1m | $0 | $0 | $0 | — | $0 | $686k | — | — | $22.8m | |
| Equity Method Investment, Realized Gain (Loss) on Disposal | — | — | — | $35.2m | $0 | $0 | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | $9.7m | $16.7m | $27.1m | ($7.4m) | $638k | $4.8m | ($5.7m) | — | — | — | — | |
| Nonoperating Income (Expense) | — | — | — | — | — | — | $33.8m | $50.5m | $42.2m | $78.3m | — | |
| Other Nonoperating Income (Expense) | $14.8m | $23.4m | $16.0m | $20.1m | $20.4m | $32.6m | $7.2m | $9.3m | $4.6m | $2.5m | — | |
| Income (Loss) from Equity Method Investments, Net of Dividends or Distributions | ($14.8m) | $10.5m | $23.2m | ($7.7m) | $638k | $4.8m | ($5.7m) | ($1.2m) | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Inventories | ($28.2m) | ($16.1m) | $44.1m | $1.6m | $139.5m | $528.1m | ($56.9m) | ($572.2m) | ($87.9m) | $72.4m | ($191.7m) | |
| Inventory Write-down | — | — | — | — | $11.7m | $3.4m | $17.3m | $0 | $0 | — | — | |
| Net Cash Provided by (Used in) Operating Activities | $39.6m |
$75.3m
+90.19%
|
($35.5m)
-147.18%
|
$348.6m
+1081.34%
|
($74.4m)
-121.35%
|
($51.0m)
+31.41%
|
$287.1m
+662.42%
|
$946.8m
+229.74%
|
$331.5m
-64.98%
|
$177.0m
-46.61%
|
$321.9m
+81.89%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $77.7m | $34.6m | $142.6m | $165.2m | $77.1m | $75.8m | $108.3m | $150.4m | $149.2m | $233.1m | ($265.0m) | |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber Property | ($18k) | $14.4m | $5.2m | $7.1m | $37k | $6.2m | $7.1m | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | $35.2m | $0 | $0 | — | — | — | — | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $3.5m | $2.2m | $102.6m | $0 | $11.4m | $20.2m | $24.7m | $29.2m | $0 | $0 | |
| Payments for (Proceeds from) Other Investing Activities | — | ($1.5m) | $0 | ($808k) | $0 | ($1.8m) | ($5.7m) | ($6.3m) | ($3.1m) | $1.6m | — | |
| Net Cash Provided by (Used in) Investing Activities | ($28.2m) | ($113.5m) | ($186.0m) | ($325.0m) | ($86.8m) | $487.2m | ($52.9m) | ($153.9m) | ($163.1m) | ($195.3m) | ($242.9m) | |
| Cash flows from financing activities: | ||||||||||||
| Repayments of Long-term Debt | — | $57.2m | $121.1m | $608.5m | $559.7m | $530.7m | $30.0m | $49.6m | $83.6m | $36.2m | ($142.5m) | |
| Proceeds from Issuance of Long-term Debt | $81.8m | $85.2m | $132.0m | $922.6m | $471.9m | $203.0m | $0 | $100.0m | $67.0m | $14.7m | $86.2m | |
| Payments for Repurchase of Common Stock | $0 | $0 | — | — | — | — | $12.7m | $1.7m | $2.3m | $15.4m | — | |
| Payments of Ordinary Dividends, Common Stock | $17.4m | $18.2m | $18.6m | $22.1m | $23.0m | $23.7m | $24.6m | $25.4m | $26.3m | $26.8m | ($27.1m) | |
| Dividends Payable | $4.5m | $4.7m | $5.5m | $5.7m | — | — | — | — | — | — | — | |
| Proceeds from (Payments for) Other Financing Activities | ($2.1m) | ($1.1m) | ($1.4m) | ($2.6m) | ($5.2m) | $0 | ($3.0m) | ($7.1m) | $0 | ($4.6m) | — | |
| Net Cash Provided by (Used in) Financing Activities | ($12.5m) |
$10.5m
+184.07%
|
$209.2m
+1892.63%
|
$8.7m
-95.84%
|
$136.3m
+1465.36%
|
($248.8m)
-282.52%
|
($334.7m)
-34.55%
|
($264.0m)
+21.13%
|
($250.4m)
+5.16%
|
($447.1m)
-78.60%
|
($362.4m)
+18.96%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | ($25.8m) | $187.3m | ($101.2m) | $528.6m | ($82.1m) | ($463.5m) | $67.7m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $22.6m | — | $29.1m | $216.4m | $115.3m | $643.9m | $561.8m | $98.3m | $67.7m | |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | ($880k) | ($108k) | ($660k) | ($293k) | ($156k) | $2.0m | ($1.1m) | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $59.6m | $51.6m | $38.2m | $56.7m | $47.0m | $31.1m | $46.0m | — | |
| Income Taxes Paid, Net | ($10.6m) | $2.1m | ($5.4m) | $2.0m | $2.4m | $51.7m | $88.7m | $45.7m | $31.5m | $16.2m | — | |
| Additional Financial Items | ||||||||||||
| Deconsolidation, Gain (Loss), Amount | — | — | — | — | — | — | — | $6.5m | $3.1m | $0 | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Disposition of Assets | — | — | — | — | — | — | $4.0m | $5.8m | $0 | — | — | |
| Goodwill | $63.9m | $6.0m | $6.0m | $135.4m | $135.7m | $129.3m | $129.3m | $127.9m | $127.9m | $127.9m | $22.8m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $99.7m | $119.1m | $101.2m | $114.0m | $95.7m | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $131.5m | $155.0m | $132.5m | $170.7m | $119.3m | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | — | — | — | — | — | $4.3m | $12.0m | $0 | $0 | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | — | — | — | $4.3m | $12.0m | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $6.9m | ($63.1m) | $11.9m | $13.1m | ($10.3m) | $29.2m | $39.6m | $37.0m | $30.1m | $22.2m | — | |
| Operating Expenses | $318.4m | $287.9m | $257.9m | $436.8m | — | — | — | — | — | — | — | |
| Operating Lease, Lease Income | — | — | — | — | $90.7m | — | — | — | — | — | — | |
| Pension Cost (Reversal of Cost) | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | — | — | — | $8.6m | $4.7m | $4.9m | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | ($5.9m) | ($377k) | $46.7m | $4.7m | — | — | — | — | — | — | — | |
| Proceeds from Stock Options Exercised | — | — | — | — | — | $6.7m | $5.0m | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.