Welcome to our dedicated page for Andersons SEC filings (Ticker: ANDE), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Andersons, Inc. (Nasdaq: ANDE) files detailed reports with the U.S. Securities and Exchange Commission as an Ohio-incorporated agriculture company operating in agribusiness and renewables. This page compiles ANDE’s SEC filings and pairs them with AI-powered summaries to help readers interpret the information contained in these documents.
For investors tracking The Andersons, periodic reports such as annual reports on Form 10-K and quarterly reports on Form 10-Q provide insight into segment performance, risk factors, liquidity, and capital allocation. In these filings, the company discusses its agribusiness and renewables operations, including grain-related activities and ethanol plants, and explains how market conditions and tax credits affect its results. The financial statements and accompanying notes offer additional detail on assets, liabilities, and cash flows.
Current reports on Form 8-K are especially important for following material events at The Andersons. Recent 8-K filings have disclosed the acquisition of the remaining 49.9% ownership interest in The Andersons Marathon Holdings LLC, updates on quarterly earnings, and changes in the board of directors. An amended 8-K has provided narrative disclosure of pro forma financial information related to the TAMH transaction, illustrating how full ownership would have affected prior-period income and earnings per share.
Using this filings page, readers can access these documents as they are made available through EDGAR and review AI-generated explanations that highlight key points, such as the nature of a transaction, the impact of a new financing arrangement, or the significance of segment results. The page also supports review of governance-related disclosures, including board appointments and executive roles, and can be used to monitor ongoing reporting about The Andersons’ agribusiness and renewable fuels activities.
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.
The Andersons, Inc. reported a record fourth quarter for 2025, with net income attributable to the company of $67.4 million, up from $45.1 million a year earlier, and diluted EPS of $1.97. Adjusted net income was $70.0 million, or $2.04 per diluted share, also a company record. Adjusted EBITDA for the quarter rose to $136.5 million from $116.5 million.
Full-year 2025 results were softer: net income attributable to the company declined to $95.7 million from $114.0 million and adjusted net income to $111.0 million from $116.7 million, while sales and merchandising revenues slipped to $11.0 billion. Renewables posted strong momentum, with fourth quarter pretax income of $54.3 million and adjusted EBITDA of $203.1 million for the year, helped by record production and $35 million of 45Z tax credits. Agribusiness delivered solid Q4 pretax income of $46.0 million on a record corn harvest but full-year adjusted EBITDA fell to $186.7 million. The company generated $177.0 million in cash from operating activities in 2025 and ended the year with a long-term debt to adjusted EBITDA ratio of 1.8x, below its target of less than 2.5x, after significant capital investments and a $425.0 million purchase of a noncontrolling interest.
The Andersons, Inc. president and CEO William E. Krueger reported several equity compensation events dated February 11, 2026. He exercised performance share units, converting 27,698 EPS-based PSUs and 10,248 TSR-based PSUs into common stock at an exercise price of $0 per share.
He also acquired 1,289.59 shares of common stock as a dividend equivalent, and 15,283 shares were disposed of at $69.11 per share to satisfy tax withholding obligations. After these transactions, he directly owned 60,208.944 shares of common stock and indirectly held 443,339 shares through the William E. Krueger Beneficiary Trust.
The Andersons VP & Treasurer Brian K. Walz reported equity award vesting and related share movements. On February 11, 2026, he acquired 1,884 and 697 shares of common stock at $0 per share through the conversion of performance share units tied to earnings and total shareholder return.
He also received 87.72 dividend-equivalent common shares at $0 and had 922 shares withheld at $69.11 per share to cover tax liabilities. After these transactions, he directly owned 19,982.661 shares of The Andersons common stock.
Andersons, Inc. Executive VP Renewables Mark D. Simmons reported equity award vesting and related share movements. On February 11, 2026, performance share units converted into 730 and 270 shares of common stock at an exercise price of $0, reflecting vesting of long‑term incentive awards tied to earnings per share and total shareholder return.
He also received 33.99 dividend-equivalent common shares and had 359 shares withheld at $69.11 to cover tax liabilities. After these transactions, Simmons directly owned 21,512.41 shares of Andersons common stock. Some performance units vested for fewer than the allocated shares, with 460 excess units cancelled.
The Andersons, Inc. vice president Anne G. Rex reported multiple equity award transactions involving common stock and performance share units. On February 11, 2026, 1,884 EPS-based and 697 TSR-based performance share units were exercised and converted into common shares at $0 per share, along with 87.72 dividend-equivalent shares.
To cover tax liabilities, 889 common shares were withheld at $69.11 per share. After these vesting, conversion, award, and tax-withholding transactions, Rex directly held 25,328.49 shares of Andersons common stock as reported.
The Andersons, Inc. executive Weston Heide reported equity award vesting and related share movements. On February 11, 2026, performance share units converted into 1,458 and 539 shares of common stock at an exercise price of $0 per share, reflecting PSU vesting tied to earnings and total shareholder return goals.
He also acquired 67.87 dividend-equivalent shares and had 713 shares withheld at $69.11 per share to cover tax liabilities. A block of 919 TSR-linked PSUs was cancelled after vesting for fewer than the originally allocated shares. Following these transactions, Heide directly owned 18,246.483 Andersons common shares.
Andersons, Inc. director Patrick E. Bowe reported equity award activity involving performance share units and common stock on February 11, 2026. He acquired 39,360 shares of common stock from EPS-based performance share units and 14,563 shares from TSR-based performance share units, both through derivative conversions at $0 per share.
He also received 1,832.57 shares as a dividend equivalent and had 22,558 shares of common stock disposed of at $69.11 per share to cover tax liability. Following these transactions, he directly beneficially owned 165,937.3424 shares of Andersons common stock.
Andersons, Inc. EVP & Chief Financial Officer Brian A. Valentine reported equity compensation activity. On February 11, 2026 he converted 8,528 EPS-based and 3,155 TSR-based performance share units into common stock at $0 per share following a three-year performance period.
He also received 397.05 dividend-equivalent common shares and used 3,542 shares at $69.11 per share to cover tax withholding, leaving 97,580.33 common shares held directly after these transactions.
The Andersons, Inc. executive Michael T. Hoelter reported multiple equity compensation transactions on February 11, 2026. He exercised performance share units (PSUs) that converted into 1,672 shares of common stock tied to EPS performance and 619 shares tied to total shareholder return.
After these PSU conversions, a dividend equivalent award added 77.86 shares at no cost. To satisfy tax obligations, 804 shares of common stock were withheld at a price of $69.11 per share. Following all transactions, Hoelter directly owned 16,016.2214 shares of Andersons common stock.
In the derivative table, the EPS-based PSU award of 1,672 units and a 1,053-unit TSR PSU tranche were fully converted or cancelled, leaving zero EPS PSUs and 1,053 TSR PSUs before that TSR portion was then disposed of back to the issuer.