Andersons, Inc.

For the period ended Dec 31, 2025. Filed Feb 18, 2026.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Feb 18, 2026

ANDE$55.18+0.1%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

	December 31, 2025	December 31, 2024
Assets
Current assets:
Cash and cash equivalents	$98,283	$561,771
Accounts receivable, less allowance for doubtful accounts of $42,554 in 2025; $48,325 in 2024	652,472	764,550
Inventories	1,365,121	1,286,811
Commodity derivative assets – current	135,466	148,801
Other current assets	125,067	88,344
Total current assets	2,376,409	2,850,277
Other assets:
Goodwill	127,856	127,856
Other intangible assets, net	63,510	69,345
Right of use assets, net	108,792	104,630
Other assets	96,765	101,055
Total other assets	396,923	402,886
Property, plant and equipment, net	939,500	868,151
Total assets	$3,712,832	$4,121,314
Liabilities and equity
Current liabilities:
Short-term debt	$249,420	$166,614
Trade and other payables	918,691	1,047,436
Customer prepayments and deferred revenue	195,331	194,025
Commodity derivative liabilities – current	51,153	59,766
Current maturities of long-term debt	63,375	36,139
Accrued expenses and other current liabilities	208,427	227,192
Total current liabilities	1,686,397	1,731,172
Long-term lease liabilities	71,545	65,312
Long-term debt, less current maturities	560,016	608,151
Other long-term liabilities	104,639	116,843
Total liabilities	2,422,597	2,521,478
Commitments and contingencies (Note 12)
Shareholders’ equity:
Common shares, without par value (63,000 shares authorized; 34,211 shares issued in 2025 and 34,083 in 2024)	144	142
Preferred shares, without par value (1,000 shares authorized; none issued)	—	—
Additional paid-in capital	208,425	385,609
Treasury shares, at cost (370 shares in 2025; 70 in 2024)	(14,080)	(2,860)
Accumulated other comprehensive income	11,337	12,585
Retained earnings	1,038,953	970,710
Total shareholders’ equity of The Andersons, Inc.	1,244,779	1,366,186
Noncontrolling interests	45,456	233,650
Total equity	1,290,235	1,599,836
Total liabilities and equity	$3,712,832	$4,121,314

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.