Andersons Inc

Latest Results (12.10.2025):

Andersons Inc. reported its financial results for the second quarter of 2025, demonstrating a net income of $8 million and an adjusted EBITDA of $65 million. The company also completed the strategic acquisition of full ownership in The Andersons Marathon Holdings LLC (TAMH), strengthening its position in the ethanol industry. Additionally, Andersons highlighted robust performance in its agribusiness and renewables segments, alongside solid cash flow and effective debt management.

Net Income and Earnings Per Share

The second quarter of 2025 saw Andersons Inc. achieve a net income of $8 million, translating to $0.23 per diluted share. On an adjusted basis, the net income was $0.24 per diluted share, reflecting the company’s ongoing efforts to enhance profitability.

Adjusted EBITDA

Adjusted EBITDA for the quarter reached $65 million, indicating strong operational performance and effective cost management across the company's various segments.

Agribusiness Performance

The agribusiness segment recorded a pretax income of $19 million and an adjusted pretax income of $17 million. Despite challenges in grain markets, the segment showed resilience with increased nutrient volumes and margins driven by higher corn acreage.

Renewables Performance

The renewables segment reported a pretax income of $17 million and an adjusted pretax income of $10 million. Efficient operations at ethanol plants contributed to solid performance, with expectations of continued improvement in the upcoming quarters.

Strategic Acquisition of TAMH

Andersons Inc. successfully acquired the remaining 49.9% ownership interest in TAMH for $425 million, fully owning TAMH and renaming it The Andersons Renewables, LLC. This acquisition aligns with the company’s strategy to expand its presence in the ethanol industry, anticipating immediate earnings accretion.

Cash Flow and Debt Management

The company generated $299 million in cash from operating activities in Q2 2025, maintaining a strong liquidity position. Andersons remains below its long-term debt to EBITDA target of less than 2.5 times, ensuring financial flexibility for future growth initiatives.