Maumee, Ohio — November 4, 2025 — Leads & Copy — The Andersons, Inc. (Nasdaq: ANDE) reported third-quarter financial results, with net income attributable to The Andersons at $20 million, or $0.59 per diluted share.
Adjusted net income attributable was $29 million, or $0.84 per diluted share. The company’s adjusted EBITDA reached $78 million.
Renewables reported pretax income of $43 million, and Agribusiness recorded pretax income of $1 million.
The company successfully completed its analysis of the requirements to qualify for 45Z tax credits. The year-to-date impact for our share of ethanol gallons sold is reflected in this quarter.
The Port of Houston project is progressing, which is a strategic investment to add export capacity for soybean meal and efficiency improvements to the existing grain operations, which we expect will be completed in mid-2026. Additionally, the company is investing in its premium food corn business to increase capacity resulting from growing customer demand.
Cash provided by operating activities was $234 million and a use of $2 million in the third quarter of 2025 and 2024, respectively. The company will host an Investor Day on December 9 and a webcast on November 5 to discuss its performance.
Executive Vice President and CFO Brian Valentine noted that the businesses continue to generate strong cash flows, allowing the company to fund the ethanol purchase with cash on hand and only a minimal increase to the operating line.
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The Andersons, Inc.
Source: The Andersons, Inc.
