The Andersons (ANDE) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 7.2%
EBITDA Margin: 2.2%
Op. Margin: 1.1%
Net Margin: 1.8%

Op. margin of 1.1% is up 0.7% YoY — cost efficiency is improving. Net margin at 1.8% and gross margin of 7.2% show how much of each revenue dollar survives to profit.

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit