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Andersons Inc. ANDE Agribusiness — Asset impairment

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Other financials

Income statement

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Revenue$2.6B-1.2%
Gross profit$160.6M+5.0%
Net income$33.2M+11,586%
EPS (diluted)$0.97+9,600%

Balance sheet

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Cash & equivalents$72.4M-67.0%
Total debt$1.3B+58.6%
Total equity$1.3B-6.4%
Total assets$3.9B+3.2%

Cash flow

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Operating cash flow-$393.7M-12.5%
CapEx$51.7M+11.1%
Free cash flow-$445.4M-12.3%

Valuation

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Market cap$2.22B+69.7%
Enterprise value$3.43B+109%
P/E17.3×+1.0×
P/S0.2×+0.1×

Profitability

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Gross margin6.6%+0.2pp
Net margin1.2%+0.2pp
FCF margin0.5%-6.1pp

Returns & leverage

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Return on equity9.8%+1.6pp
Debt / equity+0.4×
Current ratio1.4×-0.4×

Where this comes from

Reported directly by Andersons Inc. in its filing.

Tagged under the XBRL concept us-gaap:ImpairmentOfLongLivedAssetsHeldForUse.

The source filing: Andersons Inc.’s 10-K, filed February 18, 2026.

Filed
Feb 18, 2026, 4:02 PM EST
Fiscal year
FY2025
Accession
0000821026-26-000010

In 2025, the Company recorded charges of $14.8 million for impairments of property, plant and equipment in the Agribusiness segment related to closing several smaller underperforming grain and nutrient locations along with a facility that was damaged from a grain explosion. There was also a $3.4 million charge in the Renewables segment related to the discontinued use of equipment for corn oil refinement. There were no charges for the year ended December 31, 2024. For the year ended December 31, 2023, ELEMENT was unable to make its scheduled debt payments and was placed into default. The default led to an impairment triggering event, concluding in an $87.2 million impairment charge in the Renewables segment. See Note 17 to the Consolidated Financial Statements, for more information.

Item 8. Financial Statements and Supplementary Data

FAQ

What is Andersons Inc.'s agribusiness — asset impairment?
Andersons Inc. (ANDE) reported agribusiness — asset impairment of $3.7M in Q4 2025.
What does agribusiness — asset impairment mean?
This metric represents the non-cash charge recognized when the carrying value of long-lived assets within the agribusiness segment exceeds their fair market value. It serves as an indicator of potential overvaluation or declining economic utility of physical infrastructure, such as grain elevators or processing facilities. Investors monitor this to assess the quality of capital investments and the impact of market volatility on asset recoverability.

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