---
schema_version: "secwatch.filing_event.v1"
accession: "0000823277-23-000054"
form_type: "8-K"
ticker: "CHSCP"
cik: "0000823277"
company_name: "CHS INC"
filed_at: "2023-11-08T23:59:59+00:00"
generated_at: "2026-06-08T12:15:30.021367+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# CHS posts record FY2023 net income of $1.9B, revenues $45.6B

## Summary
- Net income of $1.9B vs $1.7B in FY2022, a record; revenues $45.6B (down from $47.8B).
- Energy segment pretax earnings $1.1B (+$458.9M) driven by higher refining margins.
- Ag segment pretax earnings $411.8M (-$245.8M) due to lower agronomy margins and mark-to-market losses.
- Company intends to return $730M cash to member cooperatives and farmer-owners in FY2024.
- Nitrogen Production pretax earnings $260.8M (-$217.2M) on lower urea/UAN prices.

## SEC filing metadata
- accession: 0000823277-23-000054
- form_type: 8-K
- ticker: CHSCP
- cik: 0000823277
- company_name: CHS INC
- filed_at: 2023-11-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/823277/000082327723000054/0000823277-23-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/823277/000082327723000054/chscp-20231108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000823277-23-000054
- JSON: https://secwatch.observer/filing/0000823277-23-000054.json
- Plain text: https://secwatch.observer/filing/0000823277-23-000054.txt

## Key facts
- Earnings Releases
  CHS INC reported fiscal year ended Aug. 31, 2023 results: revenue $45.6 billion, net income $1.9 billion.
  - Period: fiscal year ended Aug. 31, 2023
  - Revenue: $45.6 billion
  - Net income: $1.9 billion
  - Result: reported results
  source text: for the fiscal year ended Aug. 31, 2023, compared to $1.7 billion for fiscal year 2022. Key drivers for fiscal year 2023 financial results include: • Consolidated revenues of $45.6 billion for fiscal year 2023 compared to $47.8 billion for fiscal year 2022. • Our Energy segment delivered strong earnings, reflecting continued favorable market conditions in our
  evidence_url: https://www.sec.gov/Archives/edgar/data/823277/000082327723000054/0000823277-23-000054-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.