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CHSCLCHS Inc.
$25.23$310M
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  4. Financial Ratios

CHS Inc. (CHSCL) Financial Ratios

Latest Ratios: P/E Ratio N/A · EV/EBITDA 4.2x · ROE 5.5%. (2002–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

CHSCL Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$310M——————————
Enterprise Value$3.1B——————————
P/E Ratio →———————————
P/S Ratio0.01——————————
P/B Ratio———————————
P/FCF———————————
P/OCF0.49——————————

P/E links to full P/E history page with 30-year chart

CHSCL EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue———————————
EV / EBITDA4.23——————————
EV / EBIT34.60——————————
EV / FCF———————————

CHSCL Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin3.2%3.2%4.5%6.1%5.6%4.9%3.7%4.3%3.3%2.8%3.2%
Operating Margin0.3%0.3%1.5%3.8%3.5%2.9%1.2%2.2%1.4%-0.4%1.0%
Net Profit Margin1.7%1.7%2.8%4.2%3.5%1.4%1.5%2.1%2.4%0.4%1.4%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE5.5%5.5%10.4%19.1%18.2%6.2%4.8%7.9%9.7%1.6%5.5%
ROA3.2%3.2%5.9%10.1%9.2%3.3%2.6%4.0%4.8%0.8%2.6%
ROIC0.5%0.5%3.6%11.6%10.8%6.9%2.1%4.3%2.9%-0.7%2.1%
ROCE0.7%0.7%4.4%14.0%14.7%10.1%3.2%6.5%4.4%-1.0%3.0%

CHSCL Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity0.290.290.270.260.300.400.410.460.510.530.64
Debt / EBITDA4.354.352.731.221.312.274.373.384.4911.316.64
Net Debt / Equity—0.260.200.080.200.340.400.430.460.500.60
Net Debt / EBITDA3.813.811.990.390.891.934.203.204.0110.826.28
Debt / FCF——4.800.341.227.705.338.025.248.168.33
Interest Coverage5.215.2111.5515.6116.005.513.975.885.500.364.54

CHSCL Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio1.531.531.611.551.351.261.271.191.131.031.06
Quick Ratio0.890.891.020.980.790.710.680.680.660.560.70
Cash Ratio0.080.080.240.310.130.090.030.040.080.030.04
Asset Turnover—1.882.102.402.542.191.781.942.002.001.75
Inventory Turnover10.1710.1711.7212.7711.7110.369.3010.6911.4112.0312.40
Days Sales Outstanding—37.9433.0024.8727.1027.1630.4018.6127.4821.3734.65

CHSCL Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield———————————
Payout Ratio——15.3%8.9%10.0%30.4%39.9%37.0%—81.2%—

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield———————————
FCF Yield———————————
Buyback Yield92.9%——————————
Total Shareholder Yield92.9%——————————
Shares Outstanding—$0$0$0$0$0$0$0$0$0$0

Key Metrics

Growth RegimeContracting
ProfitabilityStrained
Balance SheetHealthy
Cash FlowDeteriorating
Top Statement Risk

Commodity price volatility exposure

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q2)

Margin Erosion Amid Commodity Volatility

According to recent financial disclosures, CHSCL's gross margin has compressed to a mere 0.3% as of 2026Q2, reflecting the extreme sensitivity of its high-volume, low-margin business model to the current downward pressure on commodity prices and reduced throughput across its integrated energy and agricultural segments.

The collapse in operating margins to -1.8% suggests that the company's fixed cost base, including its extensive refining and logistics infrastructure, is failing to scale effectively during this period of revenue contraction. Investors should monitor whether this margin compression is a temporary cyclical trough or a structural shift in the profitability of its core grain and energy operations.

Capital Efficiency Decaying Under Pressure

Based on reported figures, ROIC has deteriorated into negative territory at -0.8% in 2026Q2, marking a significant departure from the positive returns observed in early 2024 and highlighting the difficulty of maintaining capital productivity when operating margins are under severe strain from market-wide price deflation.

The decline in ROIC suggests that the company's massive investment in physical assets is currently failing to generate returns above the cost of capital. This trend warrants further investigation into whether management's capital allocation strategy remains appropriate given the current inability of the business to convert its integrated asset base into consistent earnings.

Working Capital Cycles Impacting Liquidity

As reported in recent financial statements, the cash conversion cycle has extended to 55 days in 2026Q2, driven by seasonal inventory and procurement dynamics that appear to be placing increased pressure on the company's ability to maintain efficient cash flow generation during periods of market volatility.

The increase in the cash conversion cycle, coupled with a DSO of 41 days, suggests that the company is experiencing a slower turnover of its working capital compared to previous periods. This inefficiency, when combined with thin operating margins, limits the firm's financial flexibility and increases its reliance on short-term debt to bridge seasonal funding gaps.

Debt Service Comfort Remains Fragile

According to quarterly balance sheet data, the interest coverage ratio has plummeted to -3.52 in 2026Q2, indicating that the company's ability to service its debt obligations from operating income has become significantly compromised during the current period of negative earnings and heightened commodity price volatility.

While the D/E ratio of 0.37 remains relatively conservative, the negative interest coverage ratio suggests that the company's debt service capacity is currently vulnerable to further operational underperformance. Investors should monitor whether this is a temporary liquidity mismatch or a sign that the firm's debt load is becoming unsustainable in a low-margin environment.

Misapplication of Standard P/E Multiples

The most commonly misapplied metric for CHSCL is the traditional P/E ratio, which fails to account for the cooperative's patronage-based earnings model and the significant non-cash fluctuations inherent in its commodity hedging activities, often leading to a distorted view of the company's true underlying earning power.

Because CHSCL distributes a portion of its earnings back to member-owners as patronage, standard P/E multiples obscure the company's actual cash-generating capability and its structural role as a service-oriented cooperative. Analysts should instead focus on EV/EBITDA or cash flow-based metrics to better capture the performance of its integrated energy and agricultural assets.

Download Financial Ratios Data

Includes 30+ ratios · 24 years · Updated daily

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CHSCL — Frequently Asked Questions

Quick answers to the most common questions about buying CHSCL stock.

What is CHS Inc.'s EV/EBITDA?

CHS Inc.'s current EV/EBITDA is 4.2x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA.

What is CHS Inc.'s ROE?

CHS Inc.'s return on equity (ROE) is 5.5%. The historical average is 15.9%.

Is CHSCL stock overvalued?

Based on historical data, CHS Inc. is trading at valuation metrics that vary. Compare with industry peers and growth rates for a complete picture.

What are CHS Inc.'s profit margins?

CHS Inc. has 3.2% gross margin and 0.3% operating margin.

How much debt does CHS Inc. have?

CHS Inc.'s Debt/EBITDA ratio is 4.4x, indicating high leverage. A ratio above 4x may signal elevated financial risk.