Andersons annual debt-to-equity ratio
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2025
Andersons Debt-to-Equity Ratio Growth & History (ANDE)
Andersons's debt-to-equity ratio was 0.79 for fiscal 2025.
View full Andersons company overviewAndersons annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.79 | 0.12 | +17.87% |
| 2024 | 2024-12-31 | 0.67 | 0.13 | +23.14% |
| 2023 | 2023-12-31 | 0.54 | −0.25 | −31.21% |
| 2022 | 2022-12-31 | 0.79 | −0.33 | −29.35% |
| 2021 | 2021-12-31 | 1.12 | −0.36 | −24.15% |
| 2020 | 2020-12-31 | 1.47 | 0.09 | +6.87% |
| 2019 | 2019-12-31 | 1.38 | 0.51 | +58.36% |
| 2018 | 2018-12-31 | 0.87 | 0.26 | +43.49% |
| 2017 | 2017-12-31 | 0.61 | −0.00 | −0.81% |
| 2016 | 2016-12-31 | 0.61 | −0.02 | −2.82% |
| 2015 | 2015-12-31 | 0.63 | 0.16 | +33.99% |
| 2014 | 2014-12-31 | 0.47 | −0.14 | −22.88% |
| 2013 | 2013-12-31 | 0.61 | −0.14 | −18.17% |
| 2012 | 2012-12-31 | 0.74 | 0.23 | +43.85% |
| 2011 | 2011-12-31 | 0.52 | −0.15 | −22.50% |
| 2010 | 2010-12-31 | 0.67 | −0.14 | −17.67% |
| 2009 | 2009-12-31 | 0.81 | — | — |
Andersons quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.68 | 0.14 | +24.74% |
| Q1 2026 | 2026-03-31 | 1.03 | 0.39 | +60.17% |
| Q4 2025 | 2025-12-31 | 0.79 | 0.12 | +17.87% |
| Q3 2025 | 2025-09-30 | 0.66 | 0.22 | +48.95% |
| Q2 2025 | 2025-06-30 | 0.55 | 0.10 | +23.51% |
| Q1 2025 | 2025-03-31 | 0.64 | 0.16 | +31.91% |
| Q4 2024 | 2024-12-31 | 0.67 | 0.13 | +23.14% |
| Q3 2024 | 2024-09-30 | 0.44 | −0.08 | −15.24% |
| Q2 2024 | 2024-06-30 | 0.44 | −0.16 | −26.37% |
| Q1 2024 | 2024-03-31 | 0.49 | −0.58 | −54.17% |
| Q4 2023 | 2023-12-31 | 0.54 | −0.25 | −31.21% |
| Q3 2023 | 2023-09-30 | 0.52 | −0.57 | −52.23% |
| Q2 2023 | 2023-06-30 | 0.60 | −0.95 | −61.13% |
| Q1 2023 | 2023-03-31 | 1.07 | −0.87 | −44.91% |
| Q4 2022 | 2022-12-31 | 0.79 | −0.33 | −29.35% |
| Q3 2022 | 2022-09-30 | 1.09 | 0.16 | +16.82% |
| Q2 2022 | 2022-06-30 | 1.55 | −0.09 | −5.29% |
| Q1 2022 | 2022-03-31 | 1.93 | 0.05 | +2.47% |
| Q4 2021 | 2021-12-31 | 1.12 | −0.36 | −24.15% |
| Q3 2021 | 2021-09-30 | 0.93 | −0.03 | −2.82% |
| Q2 2021 | 2021-06-30 | 1.64 | 0.38 | +30.01% |
| Q1 2021 | 2021-03-31 | 1.89 | 0.24 | +14.49% |
| Q4 2020 | 2020-12-31 | 1.47 | 0.09 | +6.87% |
| Q3 2020 | 2020-09-30 | 0.96 | −0.38 | −28.25% |
| Q2 2020 | 2020-06-30 | 1.26 | −0.40 | −24.34% |
| Q1 2020 | 2020-03-31 | 1.65 | −0.03 | −1.53% |
| Q4 2019 | 2019-12-31 | 1.38 | 0.51 | +58.36% |
| Q3 2019 | 2019-09-30 | 1.33 | 0.61 | +85.18% |
| Q2 2019 | 2019-06-30 | 1.66 | 0.89 | +114.37% |
| Q1 2019 | 2019-03-31 | 1.67 | 0.50 | +42.34% |
| Q4 2018 | 2018-12-31 | 0.87 | 0.26 | +43.49% |
| Q3 2018 | 2018-09-30 | 0.72 | 0.12 | +20.31% |
| Q2 2018 | 2018-06-30 | 0.78 | 0.04 | +6.14% |
| Q1 2018 | 2018-03-31 | 1.18 | 0.30 | +33.65% |
| Q4 2017 | 2017-12-31 | 0.61 | −0.00 | −0.81% |
| Q3 2017 | 2017-09-30 | 0.60 | 0.01 | +2.16% |
| Q2 2017 | 2017-06-30 | 0.73 | −0.10 | −11.69% |
| Q1 2017 | 2017-03-31 | 0.88 | −0.09 | −9.61% |
| Q4 2016 | 2016-12-31 | 0.61 | −0.02 | −2.82% |
| Q3 2016 | 2016-09-30 | 0.59 | −0.08 | −12.64% |
| Q2 2016 | 2016-06-30 | 0.83 | 0.10 | +13.22% |
| Q1 2016 | 2016-03-31 | 0.97 | 0.13 | +15.71% |
| Q4 2015 | 2015-12-31 | 0.63 | 0.16 | +33.99% |
| Q3 2015 | 2015-09-30 | 0.67 | 0.20 | +42.18% |
| Q2 2015 | 2015-06-30 | 0.73 | 0.18 | +33.73% |
| Q1 2015 | 2015-03-31 | 0.84 | −0.02 | −2.82% |
| Q4 2014 | 2014-12-31 | 0.47 | −0.14 | −22.88% |
| Q3 2014 | 2014-09-30 | 0.47 | −0.18 | −27.70% |
| Q2 2014 | 2014-06-30 | 0.55 | −0.17 | −23.50% |
| Q1 2014 | 2014-03-31 | 0.87 | 0.12 | +15.40% |
| Q4 2013 | 2013-12-31 | 0.61 | −0.14 | −18.17% |
| Q3 2013 | 2013-09-30 | 0.65 | 0.06 | +10.61% |
| Q2 2013 | 2013-06-30 | 0.71 | 0.10 | +17.16% |
| Q1 2013 | 2013-03-31 | 0.75 | 0.29 | +62.39% |
| Q4 2012 | 2012-12-31 | 0.74 | 0.23 | +43.85% |
| Q3 2012 | 2012-09-30 | 0.59 | 0.05 | +8.79% |
| Q2 2012 | 2012-06-30 | 0.61 | 0.01 | +1.66% |
| Q1 2012 | 2012-03-31 | 0.46 | −0.19 | −29.35% |
| Q4 2011 | 2011-12-31 | 0.52 | −0.15 | −22.50% |
| Q3 2011 | 2011-09-30 | 0.54 | −0.13 | −19.27% |
| Q2 2011 | 2011-06-30 | 0.60 | −0.11 | −15.92% |
| Q1 2011 | 2011-03-31 | 0.65 | — | — |
| Q4 2010 | 2010-12-31 | 0.67 | −0.14 | −17.67% |
| Q3 2010 | 2010-09-30 | 0.67 | — | — |
| Q2 2010 | 2010-06-30 | 0.71 | — | — |
| Q4 2009 | 2009-12-31 | 0.81 | — | — |
Andersons debt-to-equity ratio trends
Over the last five fiscal years, Andersons's debt-to-equity ratio decreased from 1.47 to 0.79, a change of −0.69. The latest reported quarter, Q2 2026, shows 0.68.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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