Christine M. Castellano
On March 24, 2025, Christine M. Castellano, Executive Vice President, General Counsel and Corporate Secretary, informed the Andersons, Inc. (the "Company") of her decision to retire effective April 18, 2025.
Highest-materiality recent filing
Andersons Q1 net income $33M, adj. EPS $1.12; Renewables pretax $40M on record production
Record first quarter net income attributable to The Andersons of $33M ($0.97 diluted EPS); adjusted net income $38M ($1.12 EPS).
Andersons posts record Q4 adjusted EPS $2.04; net income $67M, up 50% YoY
Q4 net income $67.4M, diluted EPS $1.97; adjusted EPS $2.04 (record).
Andersons targets $7.00 run-rate EPS by 2028, 36% CAGR from $2.56 TTM
Run-rate EPS goal of $7.00 exiting 2028; 36% compounded annual growth from $2.56 TTM Sept 30, 2025.
Q3 net income $20M ($0.59 diluted EPS); adjusted net income $29M ($0.84 adjusted EPS).
Andersons closes $425M buyout of remaining 49.9% stake in TAMH JV
Acquired remaining 49.9% interest in The Andersons Marathon Holdings for $425M, including $40M working capital; closed July 31, 2025.
Andersons buys remaining 49.9% of ethanol JV for $425M; Q2 net income falls to $8M
Acquired remaining 49.9% of TAMH for $425M ($385M net of $40M working capital); closed July 31.
The Andersons reports Q1 net income $0.3M, adj. EPS $0.12; Renewables strong, Agribusiness weak
Net income attributable to company $0.3M ($0.01 diluted EPS); adjusted net income $4M ($0.12 adjusted EPS).
Andersons Q4 adj EPS $1.36 vs $1.59 YoY; full year net income $114M
Q4 net income attributable to company $45.1M ($1.31 diluted EPS); adjusted net income $46.9M ($1.36 adj EPS).
The Andersons acquires 65% stake in Skyland Grain for $85M; expands into four states
Purchase price $85M for 65% interest; funded with cash on hand; consolidation effective Nov 1, 2024.
Andersons Q3 net income $27M ($0.80 EPS); closes $85M Skyland Grain acquisition
Net income attributable to The Andersons of $27M ($0.80 diluted EPS); adjusted EPS $0.72.
The Andersons names COO Bill Krueger as CEO effective Oct 1, 2024; Bowe remains Chairman
William Krueger, current COO, appointed President and CEO effective October 1, 2024; also joins board.
The Andersons authorizes $100M share repurchase; declares $0.19 quarterly dividend
Board authorized up to $100M stock repurchase over three years through open market and private transactions.
Andersons Q2 net income $36M ($1.05 EPS) down 35% YoY; adjusted EPS $1.15
Net income attributable to company $36M, down from $55M in Q2 2023; diluted EPS $1.05 vs $1.61.
The Andersons signs non-binding LOI to buy ownership interest in Skyland Grain LLC
The Andersons (ANDE) and Skyland Grain signed a non-binding LOI for ANDE to purchase an ownership interest in Skyland.
Andersons Q1 net income $6M, EPS $0.16; Renewables doubles pretax income to $23M
Net income of $6M ($0.16 diluted EPS); adjusted EPS also $0.16.
Andersons posts record Q4; adj. EPS $1.59, full-year adj. EBITDA $405M above guidance
Q4 net income $51M ($1.49 diluted EPS); adjusted EPS $1.59, up from $0.98 YoY.
Andersons Q3 adj EPS $0.13, net income $10M; reaffirms FY adj EBITDA $350-375M
Net income $10M ($0.28 EPS); adjusted net income $5M ($0.13 adj EPS) vs $17.4M ($0.50) YoY.
Andersons Q2 net income $55M ($1.61 EPS); adj. EBITDA $144M; Renewables drag
Net income of $55M (diluted EPS $1.61) vs. $80.5M ($2.34) in Q2 2022; adjusted EPS $1.52.
Andersons posts Q1 net loss of $15M; Trade segment achieves record pretax income of $39M
Net loss of $15M ($0.44 diluted EPS); adjusted net income of $7M ($0.20 adjusted EPS).
Andersons: Ethanol JV ELEMENT placed into receivership; expects $85-95M impairment charge
ELEMENT, LLC (51%-owned JV) placed into receivership on Apr 18, 2023; plant in extended maintenance shutdown.
Andersons Q4 net income $15M ($0.44 EPS); record full-year EPS $3.46; Trade segment strong
Q4 adjusted net income $34M ($0.98/share); adjusted EBITDA $104M.
The Andersons Q3 net income $17.4M ($0.50 EPS); Trade segment strong
Net income from continuing ops $17.4M ($0.50 diluted EPS) vs $13.9M ($0.41) in Q3 2021.
The Andersons reports all-time record quarterly results with net income of $80.5 million
Net income from continuing operations attributable to The Andersons was $80.5 million, or $2.34 per diluted share
Andersons signs agreement to sell railcar repair business to Cathcart Rail
Agreement to sell railcar repair business to Cathcart Rail; closing expected summer 2022.
The Andersons Q1 net income $6.1M ($0.18 EPS); Plant Nutrient sets record
Net income from continuing ops $6.1M ($0.18 diluted EPS), down from $11.6M YoY; adjusted EPS $0.18 vs $0.36.
Andersons expands revolver to $1.55B, extends term loan maturities to 2027/2029
Revolving credit facility increased from $900M to $1.55B, maturing March 26, 2027.
The Andersons increases short-term borrowing capacity to $450M due May 31, 2022
Delayed draw term loan commitments raised from $250M to $450M via sixth amendment to 2019 credit agreement.
Andersons Q4 2021 net income $32.8M ($0.95/diluted); record adjusted EBITDA $130.5M
Adjusted net income $39.2M ($1.14/diluted EPS); Trade segment adjusted pretax $26.9M.
Andersons reports Q3 net income $13.9M ($0.41 diluted EPS) vs loss a year ago; best Q3 since 2014
Net income from continuing ops $13.9M ($0.41 diluted EPS) vs loss of $1.5M in Q3 2020; adjusted net income $5.2M ($0.15 diluted EPS).
The Andersons sells Rail Leasing business for ~$543M; authorizes $100M share repurchase
Sold Rail Leasing business to ITE Management affiliate American Industrial Transport for $543M in cash, subject to working capital adjustments.
The Andersons Q2 net income $43.5M ($1.30 EPS); adjusted EBITDA $118.1M record
Net income $43.5M ($1.30 diluted EPS); adjusted net income $43.7M ($1.31 adjusted EPS).
On March 24, 2025, Christine M. Castellano, Executive Vice President, General Counsel and Corporate Secretary, informed the Andersons, Inc. (the "Company") of her decision to retire effective April 18, 2025.
In addition, Mr. Krueger was appointed to the Board, effective as of the Transition Date.
On August 15, 2024, the Board of Directors (the "Board") of The Andersons, Inc. (the “Company”) unanimously approved the appointment of William E. Krueger, the Company's Chief Operating Officer, as President and Chief Executive Officer effective October 1, 2024 (the "Transition Date").
Mr. Bowe will continue to serve as Executive Chair of the Board from the Transition Date until September 30, 2025, subject to his election at the Company's 2025 annual meeting of shareholders, and thereafter may continue to serve as the non-executive Chair of the Board.
On May 9, 2024, Joseph E. McNeely, Group President of Nutrient and Industrial, informed The Andersons, Inc. Board of Directors of his intention to retire on December 31, 2024.
appointed William E. Krueger, President of Trade and Processing, to the position of Chief Operating Officer effective December 1, 2022.
On October 21, 2022, the Board of Directors of The Andersons, Inc. (the "Company") elected Steven K. Campbell as a new director, effective December 1, 2022
Max materiality 0.95 · Median 0.68 · Most common event earnings