The Andersons Inc (ANDE)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 114,012 | 101,190 | 131,080 | 103,986 | 7,710 |
| Revenue | US$ in thousands | 11,257,500 | 14,750,100 | 17,325,400 | 12,612,000 | 8,064,620 |
| Net profit margin | 1.01% | 0.69% | 0.76% | 0.82% | 0.10% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $114,012K ÷ $11,257,500K
= 1.01%
The net profit margin of The Andersons Inc has exhibited fluctuations over the past five years. It stood at 0.10% as of December 31, 2020, showing a slight profitability. Subsequently, an improvement was observed in the net profit margin, reaching 0.82% by December 31, 2021, indicating an enhanced ability to translate revenue into profit. Despite a slight decline in 2022 and 2023, with figures of 0.76% and 0.69% respectively, the company managed to maintain a positive but relatively lower profitability level.
Notably, by December 31, 2024, the net profit margin showed a notable increase to 1.01%, signifying an improved efficiency in cost management or revenue generation. Overall, the trend in the net profit margin suggests that The Andersons Inc has made efforts to enhance its profitability over the years, with potential strategic measures being implemented to optimize the utilization of resources and sustain or improve its financial performance.
Peer comparison
Dec 31, 2024