The Andersons, Inc. (ANDE) quarterly cash flow statement — complete operating, investing & financing history
The Andersons, Inc. (ANDE) cash flow statement — 30-year operating, investing & financing cash flows
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Cash from Operations | -124.22M | 487.92M | -393.68M | -6.18M | 233.88M | 299.32M | -350.02M | 268.81M | -2.11M | 304.43M | -239.63M | 250.66M | 488.68M | 540.94M | -333.54M | 440.49M | 568.43M | 353.2M | -1.07B | -170.12M |
| Operating CF Margin % | -4.38% | 15.75% | -14.98% | -0.24% | 8.73% | 9.55% | -13.16% | 8.61% | -0.08% | 10.89% | -8.82% | 7.8% | 13.44% | 13.46% | -8.59% | 9.42% | 13.47% | 7.94% | -27.02% | -4.5% |
| Operating CF Growth % | -153.11% | 63.01% | -12.47% | -102.3% | 11173.96% | -1.68% | -46.07% | 7.24% | -100.43% | -43.72% | 28.16% | -43.09% | -14.03% | 53.15% | 68.97% | 358.93% | 55.92% | 76.39% | -141.18% | 37.05% |
| Net Income | 43.86M | 50.09M | 33.19M | 67.43M | 20.14M | 16.81M | 5.33M | 54.1M | 51.46M | 35.98M | 5.58M | 78.44M | 9.71M | 82.69M | -59.12M | 15.1M | 44.27M | 101.66M | 5.95M | 62.34M |
| Depreciation & Amortization | 36.31M | 34.63M | 34.11M | 33.27M | 32.65M | 33.07M | 34.34M | 36.18M | 30.41M | 30.27M | 30.95M | 31.31M | 31.21M | 30.36M | 32.22M | 33.48M | 33.32M | 33.57M | 34.38M | 36.8M |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.4M | 2.6M | 3.5M | 2.99M | 2.89M | 1.82M | 4.31M |
| Deferred Taxes | 0 | 0 | 0 | -6.01M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7.95M | 103K | -8.05M | 810K | -7.06M | -6.81M | -6.95M | -10.89M |
| Other Non-Cash Items | 3.28M | 28.22M | 845K | 15.16M | 15.68M | -6.99M | 17.3M | 9.61M | 4.33M | 22.52M | 11.88M | 5.09M | 13.26M | -325K | 90.38M | 37.39M | -22.86M | 3.29M | 4.3M | 9.38M |
| Working Capital Changes | -207.67M | 374.97M | -461.82M | -116.04M | 165.42M | 256.44M | -406.99M | 168.91M | -88.31M | 215.67M | -288.04M | 135.83M | 426.55M | 424.71M | -391.56M | 350.22M | 517.77M | 218.6M | -1.11B | -272.05M |
| Change in Receivables | 86.72M | -11.95M | -120.54M | 61.72M | 66.25M | 29.87M | -53.27M | 32.28M | -11.79M | -42.44M | 57.73M | 62.7M | 198.4M | 82.75M | 125.11M | -250.54M | 148.33M | -74.18M | -215.01M | -94.1M |
| Change in Inventory | -249.84M | 437.04M | -34.99M | -464.18M | -129.57M | 482.82M | 38.53M | -191.04M | -198.78M | 308.64M | 169.08M | -175.88M | 13.26M | 556.85M | 178.01M | -180M | 50.17M | 323.5M | -136.82M | -794.94M |
| Change in Payables | 128.53M | -377.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -62.53M | -488.27M | 0 | 214.87M | 0 | 0 | 601.51M | 238.18M | -163.31M | 0 | 0 |
| Cash from Investing | -47.7M | -73.79M | -49.46M | -68.02M | -476.59M | -31.88M | -43.83M | -72.48M | -32.45M | -36.09M | -22.05M | -36.62M | -45.59M | -51.87M | -19.81M | -55.82M | 33.01M | -5.17M | -24.92M | -32.27M |
| Capital Expenditures | -59.55M | -75.57M | -51.71M | -70.91M | -66.83M | -48.83M | -46.55M | -55.96M | -37.84M | -28.61M | -26.77M | -41.73M | -33.73M | -49.52M | -25.47M | -40.03M | -28.96M | -46.84M | -23.91M | -23.04M |
| CapEx % of Revenue | 2.1% | 2.44% | 1.97% | 2.8% | 2.5% | 1.56% | 1.75% | 1.79% | 1.44% | 1.02% | 0.98% | 1.3% | 0.93% | 1.23% | 0.66% | 0.86% | 0.69% | 1.05% | 0.6% | 0.61% |
| Acquisitions | 0 | 0 | 0 | 11.26M | -425M | 0 | 0 | -19.61M | 0 | -9.56M | 0 | -313K | -12.18M | 0 | 0 | -20.25M | 5.67M | 40.69M | 0 | -11.43M |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 11.86M | 1.78M | 2.25M | -8.37M | 15.24M | 16.95M | 2.72M | 3.09M | 5.39M | 2.09M | 4.72M | 5.42M | 314K | -1.8M | 5.66M | 8.59M | 56.3M | 42.44M | 320K | 2.44M |
| Cash from Financing | 163.72M | -420.01M | 417.78M | 90.83M | -25.97M | -137.45M | 50.45M | -87.76M | -42.67M | -21.65M | -98.28M | 11.85M | -120.86M | -463.8M | 308.82M | -410.22M | -546.62M | -297.64M | 919.76M | 201.88M |
| Debt Issued (Net) | 185.26M | -402.91M | 431.63M | 97.92M | 27.29M | -129.15M | 62.33M | -60.84M | 3.75M | -12.67M | -38.78M | 20.57M | -94.64M | -442.61M | 333.37M | -390.05M | -508.89M | -291.02M | 938.64M | 189.38M |
| Equity Issued (Net) | -14.45M | -4.61M | 0 | 0 | -15.37M | 0 | -3.84M | 0 | 0 | 0 | -8.07M | 0 | 0 | -76K | -1.67M | -7.63M | -6.77M | -30K | 0 | 0 |
| Dividends Paid | -6.75M | -6.79M | -6.85M | -6.95M | -6.53M | -6.67M | -6.69M | -6.81M | -6.47M | -6.48M | -6.52M | -6.6M | -6.24M | -6.25M | -6.28M | -6.35M | -6.02M | -6.1M | -6.14M | -6.24M |
| Share Repurchases | -14.45M | -4.61M | 0 | 0 | -15.37M | 0 | -3.84M | 0 | 0 | 0 | -8.07M | 0 | 0 | -76K | -1.67M | -5.95M | -6.77M | -30K | 0 | 0 |
| Other Financing | -346K | -5.7M | -7M | -134K | -31.37M | -1.63M | -1.35M | -20.12M | -39.95M | -2.5M | -44.91M | -2.12M | -19.97M | -14.87M | -16.6M | -6.19M | -24.95M | -491K | -12.74M | 18.74M |
| Net Change in Cash | -8.26M | -5.85M | -25.89M | 16.65M | -269.34M | 131.75M | -342.55M | 107.71M | -76.32M | 246.48M | -359.95M | 225.8M | 321.76M | 25.44M | -44.42M | -25.5M | 54.74M | 49.65M | -180.06M | -430K |
| Free Cash Flow | -183.78M | 412.35M | -445.39M | -77.1M | 167.05M | 250.49M | -396.57M | 212.85M | -39.95M | 275.82M | -266.4M | 208.94M | 454.96M | 491.42M | -359M | 400.46M | 539.47M | 306.36M | -1.1B | -193.15M |
| FCF Margin % | -6.49% | 13.31% | -16.95% | -3.04% | 6.24% | 7.99% | -14.91% | 6.82% | -1.52% | 9.87% | -9.8% | 6.5% | 12.51% | 12.22% | -9.25% | 8.56% | 12.79% | 6.88% | -27.62% | -5.11% |
| FCF Growth % | -210.01% | 64.62% | -12.31% | -136.22% | 518.11% | -9.18% | -48.86% | 1.87% | -108.78% | -43.87% | 25.79% | -47.83% | -15.67% | 60.41% | 67.33% | 307.33% | 56.45% | 69.5% | -136.19% | 33.27% |
| FCF per Share | -5.37 | 12.03 | -13.03 | -2.26 | 4.89 | 7.33 | -13.96 | 6.18 | -1.16 | 8.05 | -7.64 | 6.08 | 13.28 | 14.38 | -10.68 | 11.54 | 15.56 | 8.91 | -31.95 | -5.66 |
| FCF Conversion (FCF/Net Income) | -2.67x | 8.63x | -11.86x | -0.09x | 11.61x | 38.10x | -1232.46x | 5.96x | -0.08x | 8.46x | -42.94x | 4.90x | 50.34x | 9.83x | 22.61x | 48.81x | 15.47x | 4.43x | -195.35x | -5.74x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Taxes Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |