The Andersons Inc (ANDE)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 114,012 | 120,108 | 102,451 | 121,521 | 101,190 | 59,028 | 86,068 | 110,827 | 131,080 | 151,698 | 130,688 | 94,382 | 103,986 | 90,335 | 73,539 | 60,479 | 7,710 | -1,632 | -4,811 | -5,362 |
| Total stockholders’ equity | US$ in thousands | 1,366,190 | 1,329,170 | 1,310,600 | 1,279,990 | 1,282,900 | 1,240,740 | 1,230,990 | 1,169,590 | 1,198,600 | 1,193,920 | 1,167,150 | 1,089,020 | 1,072,420 | 1,033,440 | 1,022,500 | 983,667 | 961,891 | 939,199 | 939,388 | 912,257 |
| ROE | 8.35% | 9.04% | 7.82% | 9.49% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $114,012K ÷ $1,366,190K
= 8.35%
The return on equity (ROE) of The Andersons Inc has shown a fluctuating trend over the past few years, ranging from negative values to positive percentages. From March 2020 to September 2020, the ROE was negative, indicating a situation where the company was experiencing losses relative to its equity. However, starting from December 2020, the ROE turned positive and steadily increased over the following quarters, reaching a peak of 12.71% in September 2022.
Although there was a slight decline in the ROE in the subsequent quarters, it generally remained at healthy levels above 6% until September 2023. The ROE saw a notable increase in the June 2024 quarter, climbing to 7.82%, before slightly rebounding to 8.35% by the end of December 2024.
Overall, the trend in The Andersons Inc's ROE indicates a turnaround from negative profitability to positive returns on equity, demonstrating improved performance and efficiency in utilizing shareholders' equity to generate profits. However, it's essential to monitor future ROE figures to assess the company's ongoing financial health and operational effectiveness.
Peer comparison
Dec 31, 2024