Andersons Inc
NASDAQ:ANDE
Income Statement
Earnings Waterfall
Andersons Inc
Revenue
|
14.8B
USD
|
Cost of Revenue
|
-14B
USD
|
Gross Profit
|
745.4m
USD
|
Operating Expenses
|
-492.3m
USD
|
Operating Income
|
253.1m
USD
|
Other Expenses
|
-151.9m
USD
|
Net Income
|
101.2m
USD
|
Income Statement
Andersons Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
5 605
N/A
|
5 336
-5%
|
5 081
-5%
|
4 853
-4%
|
4 540
-6%
|
4 455
-2%
|
4 331
-3%
|
4 287
-1%
|
4 198
-2%
|
4 089
-3%
|
3 965
-3%
|
3 916
-1%
|
3 925
+0%
|
3 889
-1%
|
3 818
-2%
|
3 795
-1%
|
3 686
-3%
|
3 470
-6%
|
3 388
-2%
|
3 237
-4%
|
3 045
-6%
|
4 387
+44%
|
5 800
+32%
|
7 097
+22%
|
8 003
+13%
|
7 880
-2%
|
7 372
-6%
|
7 275
-1%
|
8 065
+11%
|
8 806
+9%
|
10 224
+16%
|
11 338
+11%
|
12 612
+11%
|
13 995
+11%
|
15 210
+9%
|
16 431
+8%
|
17 325
+5%
|
17 229
-1%
|
16 798
-2%
|
16 215
-3%
|
14 750
-9%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(5 239)
|
(4 973)
|
(4 700)
|
(4 460)
|
(4 143)
|
(4 051)
|
(3 940)
|
(3 896)
|
(3 823)
|
(3 729)
|
(3 616)
|
(3 575)
|
(3 579)
|
(3 535)
|
(3 473)
|
(3 458)
|
(3 368)
|
(3 164)
|
(3 079)
|
(2 944)
|
(2 743)
|
(4 038)
|
(5 382)
|
(6 624)
|
(7 542)
|
(7 465)
|
(7 033)
|
(6 952)
|
(7 698)
|
(8 390)
|
(9 730)
|
(10 815)
|
(12 019)
|
(13 397)
|
(14 544)
|
(15 723)
|
(16 641)
|
(16 516)
|
(16 095)
|
(15 517)
|
(14 005)
|
|
Gross Profit |
365
N/A
|
363
-1%
|
381
+5%
|
393
+3%
|
397
+1%
|
404
+2%
|
390
-3%
|
391
+0%
|
376
-4%
|
360
-4%
|
349
-3%
|
341
-2%
|
346
+1%
|
354
+2%
|
345
-3%
|
338
-2%
|
319
-6%
|
306
-4%
|
309
+1%
|
293
-5%
|
302
+3%
|
348
+15%
|
418
+20%
|
474
+13%
|
461
-3%
|
414
-10%
|
339
-18%
|
323
-5%
|
366
+13%
|
416
+14%
|
494
+19%
|
523
+6%
|
593
+13%
|
599
+1%
|
666
+11%
|
708
+6%
|
684
-3%
|
713
+4%
|
704
-1%
|
698
-1%
|
745
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(279)
|
(288)
|
(302)
|
(310)
|
(319)
|
(327)
|
(334)
|
(346)
|
(389)
|
(447)
|
(439)
|
(429)
|
(316)
|
(318)
|
(312)
|
(301)
|
(287)
|
(340)
|
(260)
|
(258)
|
(259)
|
(313)
|
(354)
|
(395)
|
(410)
|
(443)
|
(412)
|
(398)
|
(378)
|
(370)
|
(396)
|
(413)
|
(424)
|
(437)
|
(444)
|
(449)
|
(467)
|
(482)
|
(485)
|
(496)
|
(492)
|
|
Selling, General & Administrative |
(279)
|
(288)
|
(302)
|
(310)
|
(319)
|
(327)
|
(334)
|
(346)
|
(390)
|
(391)
|
(383)
|
(373)
|
(316)
|
(318)
|
(312)
|
(301)
|
(287)
|
(270)
|
(260)
|
(258)
|
(258)
|
(307)
|
(352)
|
(393)
|
(409)
|
(400)
|
(374)
|
(360)
|
(377)
|
(370)
|
(396)
|
(413)
|
(423)
|
(429)
|
(436)
|
(441)
|
(466)
|
(482)
|
(485)
|
(496)
|
(491)
|
|
Depreciation & Amortization |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(1)
|
(2)
|
(2)
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
0
|
0
|
0
|
(1)
|
|
Other Operating Expenses |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
(56)
|
(56)
|
0
|
0
|
0
|
0
|
0
|
(70)
|
0
|
0
|
0
|
(6)
|
0
|
0
|
0
|
(43)
|
(39)
|
(38)
|
0
|
0
|
0
|
0
|
0
|
(8)
|
(8)
|
(8)
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
87
N/A
|
75
-13%
|
79
+5%
|
83
+5%
|
78
-6%
|
77
-1%
|
56
-27%
|
45
-21%
|
(14)
N/A
|
(87)
-519%
|
(90)
-3%
|
(88)
+2%
|
29
N/A
|
36
+25%
|
33
-9%
|
36
+10%
|
32
-12%
|
(34)
N/A
|
49
N/A
|
35
-28%
|
44
+26%
|
35
-21%
|
64
+85%
|
78
+22%
|
51
-35%
|
(28)
N/A
|
(73)
-157%
|
(74)
-2%
|
(11)
+85%
|
47
N/A
|
98
+110%
|
109
+11%
|
169
+54%
|
162
-4%
|
222
+37%
|
259
+16%
|
218
-16%
|
231
+6%
|
219
-5%
|
202
-8%
|
253
+25%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
48
|
61
|
82
|
85
|
75
|
58
|
44
|
22
|
12
|
1
|
(16)
|
(9)
|
(11)
|
(5)
|
0
|
(5)
|
(4)
|
(1)
|
(0)
|
3
|
(2)
|
(14)
|
(32)
|
(52)
|
(15)
|
(18)
|
(5)
|
7
|
(33)
|
(26)
|
(32)
|
(34)
|
(32)
|
(35)
|
(49)
|
(54)
|
(57)
|
(62)
|
(53)
|
(47)
|
(47)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(56)
|
0
|
0
|
0
|
(9)
|
(4)
|
(46)
|
(46)
|
(65)
|
0
|
(34)
|
(34)
|
(6)
|
0
|
(3)
|
(3)
|
(41)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(8)
|
0
|
0
|
0
|
0
|
(87)
|
(87)
|
(87)
|
(87)
|
|
Gain/Loss on Disposition of Assets |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
7
|
10
|
0
|
0
|
0
|
2
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
15
|
32
|
34
|
28
|
31
|
15
|
25
|
26
|
46
|
47
|
39
|
37
|
12
|
12
|
9
|
5
|
7
|
17
|
17
|
19
|
15
|
15
|
18
|
15
|
19
|
26
|
21
|
22
|
18
|
19
|
22
|
32
|
33
|
31
|
49
|
36
|
34
|
38
|
27
|
42
|
50
|
|
Pre-Tax Income |
150
N/A
|
168
+12%
|
195
+16%
|
196
+1%
|
184
-6%
|
149
-19%
|
125
-17%
|
93
-26%
|
(12)
N/A
|
(40)
-229%
|
(67)
-69%
|
(60)
+10%
|
21
N/A
|
39
+84%
|
(4)
N/A
|
(3)
+17%
|
(21)
-600%
|
(17)
+18%
|
31
N/A
|
22
-28%
|
53
+137%
|
36
-32%
|
47
+31%
|
38
-20%
|
13
-65%
|
(20)
N/A
|
(56)
-181%
|
(46)
+19%
|
(27)
+41%
|
40
N/A
|
89
+125%
|
108
+21%
|
161
+49%
|
157
-2%
|
222
+41%
|
240
+8%
|
195
-19%
|
119
-39%
|
105
-12%
|
109
+4%
|
170
+56%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(54)
|
(59)
|
(67)
|
(67)
|
(62)
|
(49)
|
(41)
|
(29)
|
0
|
9
|
19
|
16
|
(7)
|
(12)
|
(12)
|
(13)
|
(10)
|
(13)
|
(13)
|
(9)
|
(12)
|
(7)
|
(10)
|
(5)
|
(9)
|
(13)
|
11
|
8
|
11
|
5
|
(18)
|
(26)
|
(29)
|
(29)
|
(35)
|
(41)
|
(40)
|
(30)
|
(36)
|
(34)
|
(37)
|
|
Income from Continuing Operations |
96
|
109
|
128
|
129
|
123
|
101
|
84
|
63
|
(11)
|
(31)
|
(48)
|
(44)
|
14
|
27
|
(15)
|
(16)
|
(31)
|
(30)
|
18
|
14
|
41
|
29
|
37
|
33
|
4
|
(33)
|
(45)
|
(38)
|
(16)
|
45
|
72
|
82
|
132
|
128
|
187
|
199
|
155
|
89
|
70
|
75
|
133
|
|
Income to Minority Interest |
(6)
|
(9)
|
(13)
|
(15)
|
(13)
|
(10)
|
(6)
|
(4)
|
(2)
|
(1)
|
(1)
|
(2)
|
(3)
|
(4)
|
(3)
|
(1)
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
17
|
26
|
22
|
22
|
10
|
(3)
|
2
|
(32)
|
(34)
|
(53)
|
(63)
|
(36)
|
9
|
3
|
(10)
|
(31)
|
|
Net Income (Common) |
90
N/A
|
100
+11%
|
114
+15%
|
114
0%
|
109
-4%
|
91
-17%
|
78
-14%
|
60
-23%
|
(13)
N/A
|
(32)
-145%
|
(49)
-52%
|
(46)
+6%
|
12
N/A
|
23
+93%
|
(18)
N/A
|
(17)
+4%
|
43
N/A
|
44
+2%
|
92
+110%
|
87
-5%
|
41
-53%
|
29
-29%
|
38
+29%
|
36
-6%
|
18
-49%
|
(5)
N/A
|
(5)
+9%
|
(2)
+63%
|
8
N/A
|
60
+655%
|
74
+22%
|
90
+23%
|
104
+15%
|
94
-9%
|
131
+38%
|
152
+16%
|
131
-14%
|
111
-15%
|
86
-22%
|
59
-31%
|
101
+72%
|
|
EPS (Diluted) |
3.16
N/A
|
3.51
+11%
|
3.99
+14%
|
4.03
+1%
|
3.89
-3%
|
3.18
-18%
|
2.73
-14%
|
2.12
-22%
|
-0.46
N/A
|
-1.15
-150%
|
-1.73
-50%
|
-1.6
+8%
|
0.41
N/A
|
0.81
+98%
|
-0.64
N/A
|
-0.61
+5%
|
1.53
N/A
|
1.55
+1%
|
3.23
+108%
|
3.08
-5%
|
1.46
-53%
|
0.89
-39%
|
1.14
+28%
|
1.08
-5%
|
0.54
-50%
|
-0.16
N/A
|
-0.14
+13%
|
-0.05
+64%
|
0.24
N/A
|
1.79
+646%
|
2.18
+22%
|
2.68
+23%
|
3.05
+14%
|
2.74
-10%
|
3.79
+38%
|
4.4
+16%
|
3.85
-13%
|
3.29
-15%
|
2.51
-24%
|
1.71
-32%
|
2.94
+72%
|