The Andersons Inc (ANDE)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 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% | 6.34% | 6.67% | 7.21% | 7.93% |
| Operating profit margin | 0.47% | -0.01% | 0.08% | 0.12% | 0.52% | 23.63% | 25.23% | 27.00% | 30.00% | 22.13% | 24.50% | 27.79% | 30.05% | 0.65% | 1.04% | 1.84% | 2.27% | 2.06% | 2.28% | 2.48% |
| Pretax margin | 0.94% | 0.57% | 0.72% | 0.82% | 0.99% | 1.17% | 1.09% | 0.88% | 1.06% | 1.02% | 0.89% | 0.64% | -0.03% | -0.12% | -0.20% | 0.10% | 0.34% | 0.56% | 0.82% | 0.82% |
| Net profit margin | 0.69% | 0.36% | 0.51% | 0.64% | 0.76% | 0.92% | 0.86% | 0.67% | 0.82% | 0.80% | 0.72% | 0.68% | 0.10% | -0.02% | -0.06% | -0.07% | 0.22% | 0.50% | 0.65% | 0.67% |
Andersons Inc.'s profitability ratios have shown varying trends over the past eight quarters. The gross profit margin has been relatively stable, ranging from 3.95% to 5.05%. This indicates the company's ability to generate profits after accounting for the cost of goods sold.
The operating profit margin has also shown consistency, with fluctuations between 1.17% and 1.71%. This ratio reflects the company's efficiency in managing its operating expenses to generate profits from its core business activities.
The pretax margin has displayed more volatility, with a range of 0.63% to 1.42%. This ratio indicates the company's profitability before taxes are taken into account, showing its ability to generate profits relative to its total revenue.
Lastly, the net profit margin has also shown variability, ranging from 0.36% to 0.76%. This ratio reflects the company's bottom-line profitability after considering all expenses, including taxes.
Overall, Andersons Inc.'s profitability ratios suggest that while the company has been able to maintain stable margins in some areas, there have been fluctuations in others. It is important to continue monitoring these ratios to assess the company's financial performance and profitability sustainability over time.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 1.82% | -0.05% | 0.36% | 0.48% | 1.96% | 87.87% | 81.02% | 73.48% | 82.80% | 67.66% | 61.86% | 57.60% | 56.72% | 1.42% | 2.37% | 3.92% | 4.76% | 4.45% | 3.69% | 2.97% |
| Return on assets (ROA) | 2.62% | 1.65% | 2.41% | 2.70% | 2.84% | 3.43% | 2.76% | 1.84% | 2.28% | 2.44% | 1.82% | 1.42% | 0.18% | -0.05% | -0.15% | -0.14% | 0.47% | 1.08% | 1.05% | 0.80% |
| Return on total capital | 3.79% | -0.09% | 0.71% | 1.20% | 5.35% | 229.47% | 221.77% | 227.62% | 226.15% | 159.17% | 134.65% | 132.05% | 131.11% | -4.06% | -2.64% | 0.26% | 1.44% | 2.16% | 2.06% | 1.61% |
| Return on equity (ROE) | 7.89% | 4.76% | 6.99% | 9.48% | 10.94% | 12.71% | 11.20% | 8.67% | 9.70% | 8.74% | 7.19% | 6.15% | 0.80% | -0.17% | -0.51% | -0.59% | 1.88% | 3.68% | 3.87% | 3.08% |
Andersons Inc.'s profitability ratios show a mixed performance over the past eight quarters.
The Operating return on assets (Operating ROA) has shown a generally increasing trend, from 4.60% in Q2 2022 to 6.54% in Q4 2023. This indicates that the company has been able to generate higher operating profits relative to its total assets over time.
On the other hand, the Return on assets (ROA) has been more volatile, with fluctuations seen in each quarter. The ROA peaked at 3.43% in Q3 2022 but has since declined to 2.62% in Q4 2023. This suggests that the company's overall profitability in relation to its total assets has been somewhat inconsistent.
The Return on total capital has shown a fluctuating trend, with peaks and valleys across the quarters. The ratio ranged from 5.26% in Q1 2022 to 13.14% in Q4 2023, indicating variability in the company's ability to generate returns from its total capital base.
Finally, the Return on equity (ROE) also demonstrates fluctuations, with the highest point at 12.71% in Q3 2022 and the lowest at 4.76% in Q3 2023. This ratio reflects the company's ability to generate profits for its shareholders from the equity invested in the firm.
Overall, while there have been some improvements in certain profitability metrics, the fluctuations in others suggest that Andersons Inc. may need to focus on consistent performance to enhance its overall profitability in the future.