Here are the 10-K annual reports from Andersons Inc/The (ANDE) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow ANDE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ANDE filings page.
The Andersons, Inc. reports 2025 results highlighting mixed Agribusiness performance and stronger Renewables. Total sales were $11.0 billion, with income before income taxes of $141.5 million, down from $200.8 million in 2024 as weaker grain merchandising offset other gains.
Agribusiness gross profit rose to $556.9 million but segment income fell after higher expenses, asset impairments and softer margins in an oversupplied market. Renewables contributed $156.7 million of gross profit and benefited from owning 100% of its four ethanol plants and recognizing $35 million of Section 45Z clean fuel production tax credits. Working capital declined to $690.0 million, largely due to the cash-funded acquisition of the remaining interest in The Andersons Marathon Holdings (now The Andersons Renewables, LLC). The company continued its long dividend history, modestly raising the quarterly payout to $0.20 per share in January 2026.