earnings
confidence high
sentiment positive
materiality 0.85
CHS reports record FY2022 net income of $1.7B, revenue $47.8B, plans $1B cash return to owners
CHS INC
- Net income $1.7B vs $554M prior year; revenue $47.8B up 24% YoY.
- Energy segment pretax earnings $616.6M, up $627.1M on higher refining margins.
- Ag segment pretax earnings $657.6M, up $359.5M on strong global demand.
- Nitrogen Production pretax $478.0M, up $357.0M; Corporate & Other down $48.9M.
- Company intends to return $1B cash patronage and equity redemptions in FY2023.