The Andersons reported Q2 2025 net income of $7.9M and EPS of $0.23, down significantly from the prior year. Adjusted EBITDA fell to $65.2M, impacted by weaker agribusiness margins and lower ethanol co-product values. The company also acquired full ownership of The Andersons Marathon Holdings LLC.
The Andersons, Inc. reported a net income attributable to the company of $0.3 million, or $0.01 per diluted share, and adjusted net income of $4 million, or $0.12 per diluted share for the first quarter of 2025. Renewables segment performed strongly with $25 million in pretax income, while Agribusiness recorded a pretax loss of $10 million due to stagnant market conditions.
The Andersons, Inc. reported a net income attributable to the company of $45 million for the fourth quarter of 2024, an increase from the previous year. Adjusted EBITDA for the quarter was $116.5 million. However, total sales and merchandising revenues decreased to $3.123 billion from $3.213 billion in the prior year's fourth quarter.
The Andersons, Inc. reported a net income attributable to the company of $27 million, or $0.80 per diluted share, and adjusted net income of $25 million, or $0.72 per diluted share. Adjusted EBITDA was $97 million, a record for the third quarter. Renewables reported a best-ever third quarter pretax income of $53 million, while Trade generated increased year-over-year pretax income of $26 million.
The Andersons reported second quarter results with net income attributable to The Andersons of $36 million, or $1.05 per diluted share, and adjusted net income of $39 million, or $1.15 per diluted share. Renewables had a strong quarter, while Trade results slightly improved. Nutrient & Industrial had solid results but were behind last year's performance.
The Andersons reported a net income attributable to the company of $6 million, or $0.16 per diluted share, with an EBITDA of $51 million. The Renewables segment doubled its 2023 results due to great operating performance in ethanol plants, while Nutrient & Industrial showed good improvement in its agricultural product lines. Trade faced a tough comparison against last year's record first quarter but still posted an above-average result.
The Andersons, Inc. reported strong Q4 2023 results, with net income from continuing operations attributable to The Andersons of $51 million, or $1.49 per diluted share, and $55 million, or $1.59 per diluted share, on an adjusted basis. Renewables had an excellent quarter with record ethanol production and strong corn to ethanol yields. Trade also performed well due to strong elevation margins in core grain assets.
The Andersons reported net income of $10 million, or $0.28 per diluted share, and adjusted net income of $5 million, or $0.13 per diluted share. Record pretax income in Renewables of $47 million was offset by Trade segment losses due to currency issues in Egypt. The company expects full-year adjusted EBITDA to achieve previous expectations of $350-$375 million.
The Andersons reported a solid second quarter with net income of $55 million, driven by strong ethanol margins in the Renewables business and increased volume in the Nutrient & Industrial business. The company also benefited from strong merchandising results in its Trade segment, although performance didn't match the outsized gains from the previous year.
The Andersons, Inc. reported a net loss of $15 million, or $0.44 per diluted share, and adjusted net income of $7 million, or $0.20 per diluted share. The Trade business achieved a record first quarter with pretax income of $39 million. The Renewables segment experienced a pretax loss of $83 million due to a non-cash impairment. Nutrient & Industrial reported a pretax loss of $10 million due to declining fertilizer prices and deferred customer purchasing.
The Andersons, Inc. reported net income from continuing operations attributable to The Andersons of $15 million, or $0.44 per diluted share, and adjusted net income from continuing operations of $34 million, or $0.98 per diluted share. The Trade segment reported record adjusted pretax income, while Renewables saw solid plant performance.
The Andersons reported a strong third quarter, driven by excellent performance in the Trade business and improved results in the Renewables segment. The company's net income from continuing operations attributable to The Andersons was $17.4 million, or $0.50 per diluted share. The Trade segment benefited from strong elevation margins and merchandising results, while the Renewables segment saw better margins in ethanol plants. The Plant Nutrient segment experienced a pretax loss due to challenges in manufactured lawn products.
The Andersons, Inc. reported a net income from continuing operations of $80.5 million, or $2.34 per diluted share, and an adjusted net income of $82.2 million, or $2.39 per diluted share. The company's adjusted EBITDA from continuing operations was $169.3 million for the quarter. Record pretax income was achieved in Renewables, while Plant Nutrient had its second-best quarter ever.
The Andersons, Inc. reported first quarter results with a net income attributable to the company from continuing operations of $6.1 million, or $0.18 per diluted share. Plant Nutrient reported record first quarter pretax income of $10.7 million. Renewables had a strong quarter with pretax income of $5.5 million. Trade reported pretax income of $3.7 million.
The Andersons, Inc. reported a strong fourth quarter with record earnings. Net income attributable to The Andersons was $32.8 million, or $0.95 per diluted share. Adjusted net income was $39.2 million, or $1.14 per diluted share. The company's performance was driven by strong results in its Trade, Renewables, and Plant Nutrient segments.
The Andersons reported a strong third quarter, driven by record earnings in its Trade Group and overall improved execution. The company strategically sold its Rail leasing assets to reduce debt and is focusing on growth opportunities in its core agriculture businesses.
The Andersons, Inc. reported a strong second quarter with net income attributable to the company of $43.5 million, or $1.30 per diluted share. Adjusted EBITDA was $118.1 million, up $48.1 million year over year, representing the highest ever quarterly EBITDA. Each of the four businesses delivered outstanding, year-over-year improvement.
The Andersons, Inc. reported a strong first quarter with net income attributable to the company of $15.1 million, or $0.45 per diluted share. Adjusted EBITDA was $80.2 million, up $69.0 million year over year. The company benefited from a demand-driven agriculture rally and strong performance across its Trade, Ethanol, Plant Nutrient, and Rail segments.
The Andersons, Inc. reported net income attributable to the company of $16.0 million, or $0.48 per diluted share, and adjusted net income of $19.4 million, or $0.59 per diluted share for the fourth quarter ended December 31, 2020. The company's Trade income was up substantially, and Plant Nutrient's full-year results nearly doubled.
The Andersons, Inc. reported a net loss attributable to the company of $1.1 million, or $0.03 per diluted share, and an adjusted net loss of $2.4 million, or $0.07 per diluted share for the third quarter ended September 30, 2020. Adjusted EBITDA attributable to the company was $46.2 million, up 21 percent year over year. Trade, Ethanol and Plant Nutrient all recorded improved results year over year.
The Andersons, Inc. reported a profitable second quarter with net income of $30.4 million, driven by strong performance in the Plant Nutrient Group and improved ethanol margins. All four business groups were profitable during the quarter.
The Andersons, Inc. reported a net loss of $37.7 million for the first quarter of 2020, primarily due to the impact of the COVID-19 pandemic on ethanol and corn demand. The Plant Nutrient Group showed improved year-over-year results, while the company focused on cost controls and cash management.
The Andersons, Inc. reported a net income of $6.6 million, or $0.19 per diluted share, and an adjusted net income of $18.4 million, or $0.55 per diluted share, for the fourth quarter ended December 31, 2019. The acquisition of Lansing Trade Group continued to perform well, and the Ethanol Group's operating results reflected the favorable impact of hedging activity.