The Andersons Inc
The Andersons, Inc. operates as an agriculture and renewable fuels company in the United States, Canada, Mexico, and internationally. It operates through Agribusiness and Renewables segments. The Agribusiness segment sells commodities, such as corn, wheat, and soybeans. It also manufactures, distributes, and retails agricultural and related plant nutrients; and agricultural fertilizers. This segm… Read more
The Andersons Inc (ANDE) - Net Assets
Latest net assets as of December 2025: $1.29 Billion USD
Based on the latest financial reports, The Andersons Inc (ANDE) has net assets worth $1.29 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($3.71 Billion) and total liabilities ($2.42 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.29 Billion |
| % of Total Assets | 34.75% |
| Annual Growth Rate | 23.25% |
| 5-Year Change | -1.34% |
| 10-Year Change | 63.18% |
| Growth Volatility | 614.33 |
The Andersons Inc - Net Assets Trend (1993–2025)
This chart illustrates how The Andersons Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Andersons Inc (1993–2025)
The table below shows the annual net assets of The Andersons Inc from 1993 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.29 Billion | -19.35% |
| 2024-12-31 | $1.60 Billion | +5.50% |
| 2023-12-31 | $1.52 Billion | +6.06% |
| 2022-12-31 | $1.43 Billion | +9.33% |
| 2021-12-31 | $1.31 Billion | +12.67% |
| 2020-12-31 | $1.16 Billion | -2.93% |
| 2019-12-31 | $1.20 Billion | +36.37% |
| 2018-12-31 | $876.76 Million | +6.72% |
| 2017-12-31 | $821.59 Million | +3.91% |
| 2016-12-31 | $790.70 Million | +0.89% |
| 2015-12-31 | $783.74 Million | -5.43% |
| 2014-12-31 | $828.76 Million | +14.40% |
| 2013-12-31 | $724.42 Million | +18.48% |
| 2012-12-31 | $611.45 Million | +13.47% |
| 2011-12-31 | $538.84 Million | +15.99% |
| 2010-12-31 | $464.56 Million | +14.35% |
| 2009-12-31 | $406.28 Million | +11.28% |
| 2008-12-31 | $365.11 Million | +2.39% |
| 2007-12-31 | $356.58 Million | +31.98% |
| 2006-12-31 | $270.18 Million | +70.05% |
| 2005-12-31 | $158.88 Million | +18.68% |
| 2004-12-31 | $133.88 Million | +15.62% |
| 2003-12-31 | $115.79 Million | +10.45% |
| 2002-12-31 | $104.84 Million | +10.43% |
| 2001-12-31 | $94.93 Million | +5.67% |
| 2000-12-31 | $89.84 Million | +4.46% |
| 1999-12-31 | $86.00 Million | +3.12% |
| 1998-12-31 | $83.40 Million | +14.56% |
| 1997-12-31 | $72.80 Million | -1.36% |
| 1996-12-31 | $73.80 Million | +8.85% |
| 1995-12-31 | $67.80 Million | +3541.17% |
| 1994-12-31 | $1.86 Million | +15.89% |
| 1993-12-31 | $1.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Andersons Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 474112.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.04 Billion | 83.46% |
| Common Stock | $144.00K | 0.01% |
| Other Comprehensive Income | $11.34 Million | 0.91% |
| Other Components | $194.34 Million | 15.61% |
| Total Equity | $1.24 Billion | 100.00% |
The Andersons Inc Competitors by Market Cap
The table below lists competitors of The Andersons Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Smart REIT
PINK:CWYUF
|
$2.24 Billion |
|
TRIPLE FLAG PREC.MET.
F:3Y0
|
$2.24 Billion |
|
COFCO Tunhe Sugar Co Ltd
SHG:600737
|
$2.24 Billion |
|
Zai Lab Ltd
NASDAQ:ZLAB
|
$2.24 Billion |
|
NET ONE SYSTEMS
MU:NOX
|
$2.24 Billion |
|
Viscofan
MC:VIS
|
$2.24 Billion |
|
Hillenbrand Inc
NYSE:HI
|
$2.23 Billion |
|
Immunovant Inc
NASDAQ:IMVT
|
$2.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Andersons Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,366,186,000 to 1,244,779,000, a change of -121,407,000 (-8.9%).
- Net income of 95,713,000 contributed positively to equity growth.
- Dividend payments of 26,848,000 reduced retained earnings.
- Share repurchases of 15,366,000 reduced equity.
- Other comprehensive income decreased equity by 1,248,000.
- Other factors decreased equity by 173,658,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $95.71 Million | +7.69% |
| Dividends Paid | $26.85 Million | -2.16% |
| Share Repurchases | $15.37 Million | -1.23% |
| Other Comprehensive Income | $-1.25 Million | -0.1% |
| Other Changes | $-173.66 Million | -13.95% |
| Total Change | $- | -8.89% |
Book Value vs Market Value Analysis
This analysis compares The Andersons Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.92x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1101.65x to 1.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | $0.06 | $69.94 | x |
| 1994-12-31 | $0.07 | $69.94 | x |
| 1995-12-31 | $2.64 | $69.94 | x |
| 1996-12-31 | $2.90 | $69.94 | x |
| 1997-12-31 | $2.93 | $69.94 | x |
| 1998-12-31 | $3.39 | $69.94 | x |
| 1999-12-31 | $3.47 | $69.94 | x |
| 2000-12-31 | $3.98 | $69.94 | x |
| 2001-12-31 | $4.32 | $69.94 | x |
| 2002-12-31 | $4.71 | $69.94 | x |
| 2003-12-31 | $5.28 | $69.94 | x |
| 2004-12-31 | $5.97 | $69.94 | x |
| 2005-12-31 | $6.86 | $69.94 | x |
| 2006-12-31 | $10.85 | $69.94 | x |
| 2007-12-31 | $12.53 | $69.94 | x |
| 2008-12-31 | $12.83 | $69.94 | x |
| 2009-12-31 | $14.69 | $69.94 | x |
| 2010-12-31 | $16.67 | $69.94 | x |
| 2011-12-31 | $19.23 | $69.94 | x |
| 2012-12-31 | $21.69 | $69.94 | x |
| 2013-12-31 | $25.57 | $69.94 | x |
| 2014-12-31 | $29.00 | $69.94 | x |
| 2015-12-31 | $27.59 | $69.94 | x |
| 2016-12-31 | $27.96 | $69.94 | x |
| 2017-12-31 | $29.11 | $69.94 | x |
| 2018-12-31 | $30.86 | $69.94 | x |
| 2019-12-31 | $29.78 | $69.94 | x |
| 2020-12-31 | $28.69 | $69.94 | x |
| 2021-12-31 | $31.68 | $69.94 | x |
| 2022-12-31 | $34.84 | $69.94 | x |
| 2023-12-31 | $37.27 | $69.94 | x |
| 2024-12-31 | $39.78 | $69.94 | x |
| 2025-12-31 | $36.41 | $69.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Andersons Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 7.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.87%
- • Asset Turnover: 2.97x
- • Equity Multiplier: 2.98x
- Recent ROE (7.69%) is below the historical average (9.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 9.11% | 0.00% | 0.00x | 7.12x | $-14.27K |
| 1994 | 13.55% | 0.00% | 0.00x | 6.97x | $66.15K |
| 1995 | 15.27% | 0.93% | 2.38x | 6.86x | $3.52 Million |
| 1996 | 8.74% | 0.56% | 3.32x | 4.73x | $-920.00K |
| 1997 | 5.68% | 0.41% | 2.70x | 5.10x | $-3.12 Million |
| 1998 | 11.85% | 0.89% | 3.05x | 4.36x | $1.53 Million |
| 1999 | 9.91% | 0.86% | 2.59x | 4.44x | $-80.00K |
| 2000 | 11.22% | 1.04% | 2.24x | 4.82x | $1.09 Million |
| 2001 | 9.33% | 0.90% | 2.17x | 4.78x | $-636.40K |
| 2002 | 12.70% | 1.24% | 2.29x | 4.48x | $2.83 Million |
| 2003 | 10.11% | 0.94% | 2.53x | 4.25x | $121.90K |
| 2004 | 14.30% | 1.51% | 2.21x | 4.28x | $5.76 Million |
| 2005 | 16.42% | 2.01% | 2.04x | 3.99x | $10.20 Million |
| 2006 | 13.45% | 2.49% | 1.80x | 3.00x | $9.33 Million |
| 2007 | 19.97% | 2.89% | 1.78x | 3.88x | $34.35 Million |
| 2008 | 9.31% | 0.94% | 2.67x | 3.70x | $-2.44 Million |
| 2009 | 9.44% | 1.29% | 2.32x | 3.16x | $-2.28 Million |
| 2010 | 13.92% | 1.88% | 2.03x | 3.66x | $18.21 Million |
| 2011 | 17.65% | 2.14% | 2.56x | 3.22x | $41.22 Million |
| 2012 | 13.00% | 1.52% | 2.40x | 3.57x | $18.34 Million |
| 2013 | 12.42% | 1.65% | 2.40x | 3.14x | $17.50 Million |
| 2014 | 13.24% | 2.45% | 1.89x | 2.86x | $26.85 Million |
| 2015 | -1.67% | -0.31% | 1.78x | 3.01x | $-91.44 Million |
| 2016 | 1.47% | 0.30% | 1.76x | 2.82x | $-67.48 Million |
| 2017 | 5.01% | 1.12% | 1.70x | 2.63x | $-40.96 Million |
| 2018 | 4.73% | 1.36% | 1.27x | 2.73x | $-46.19 Million |
| 2019 | 1.88% | 0.22% | 2.09x | 4.01x | $-79.05 Million |
| 2020 | 0.80% | 0.10% | 1.89x | 4.44x | $-88.48 Million |
| 2021 | 9.70% | 0.82% | 2.76x | 4.26x | $-3.26 Million |
| 2022 | 10.94% | 0.76% | 3.76x | 3.84x | $11.22 Million |
| 2023 | 7.89% | 0.69% | 3.83x | 3.00x | $-27.10 Million |
| 2024 | 8.35% | 1.01% | 2.73x | 3.02x | $-22.61 Million |
| 2025 | 7.69% | 0.87% | 2.97x | 2.98x | $-28.76 Million |
Industry Comparison
This section compares The Andersons Inc's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $3,257,336,142
- Average return on equity (ROE) among peers: 5.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Andersons Inc (ANDE) | $1.29 Billion | 9.11% | 1.88x | $2.24 Billion |
| Asian Citrus Holdings Limited (ACITF) | $-186.47 Million | 0.00% | 0.00x | $2.98 Million |
| Amsterdam Commodities NV (ACNFF) | $407.10 Million | 9.76% | 0.84x | $397.21 Million |
| AiXin Life International Inc (AIXN) | $-74.82K | 0.00% | 0.00x | $360.40K |
| Mission Produce Inc (AVO) | $313.45 Million | 23.10% | 0.98x | $484.25 Million |
| Bid Corporation Limited (BPPPF) | $26.79 Billion | 13.23% | 1.31x | $7.96 Billion |
| Bunzl plc (BZLFF) | $1.31 Billion | 20.26% | 2.48x | $8.90 Billion |
| Ceres Global Ag Corp (CERGF) | $121.29 Million | -14.37% | 0.73x | $28.68 Million |
| Century Global Commodities Corp (CEUMF) | $21.67 Million | -12.45% | 0.12x | $844.53K |
| The Chefs Warehouse Inc (CHEF) | $537.65 Million | 10.32% | 2.46x | $2.29 Billion |