The Andersons Inc (ANDE)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 693,926 | 698,530 | 679,106 | 725,672 | 745,363 | 697,672 | 703,736 | 712,640 | 684,164 | 708,155 | 666,225 | 598,791 | 592,697 | 522,664 | 494,066 | 436,925 | 386,614 | 400,992 | 416,896 | 471,358 |
| Revenue (ttm) | US$ in thousands | 11,257,550 | 11,347,410 | 12,362,110 | 13,587,090 | 14,750,110 | 16,214,600 | 16,798,230 | 17,228,670 | 17,325,380 | 16,430,590 | 15,210,090 | 13,995,270 | 12,612,040 | 11,337,640 | 10,224,410 | 8,843,350 | 8,064,620 | 7,441,920 | 7,539,090 | 8,009,390 |
| Gross profit margin | 6.16% | 6.16% | 5.49% | 5.34% | 5.05% | 4.30% | 4.19% | 4.14% | 3.95% | 4.31% | 4.38% | 4.28% | 4.70% | 4.61% | 4.83% | 4.94% | 4.79% | 5.39% | 5.53% | 5.89% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $693,926K ÷ $11,257,550K
= 6.16%
The gross profit margin of The Andersons Inc has shown fluctuations over the years, ranging from a low of 3.95% in December 2022 to a high of 6.16% in September and December 2024. The trend indicates some variability in the company's ability to generate profits from its sales after accounting for the cost of goods sold.
It is noteworthy that the gross profit margin has generally decreased from an average of around 5.45% in 2020 to an average of around 5% in 2024. This could suggest potential challenges in managing production costs or pricing strategies, impacting the company's overall profitability.
Overall, monitoring the gross profit margin closely and understanding the factors influencing these fluctuations will be crucial for The Andersons Inc to optimize its operations and enhance its financial performance in the future.
Peer comparison
Dec 31, 2024