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CHSCO

CHS Inc.

CHSCO

CHS Inc. • NASDAQ
$26.29 ▼ -0.34% (-0.09)
Market Cap $322.63 M
52w High $27.35
52w Low $25.61
Dividend Yield 1.97%
P/E 0
Volume 48.58K
Outstanding Shares 12.27M

Income Statement

Period Revenue Operating Expense Net Income Net Profit Margin Earnings Per Share EBITDA
Q4-2025 $8.606B ▼ $276.883M ▲ $196.697M ▼ 2.286% ▼ $0 $420.253M ▼
Q3-2025 $9.766B ▲ $258.85M ▲ $232.184M ▲ 2.377% ▲ $0 $462.334M ▲
Q2-2025 $7.796B ▼ $248.268M ▼ $-75.754M ▼ -0.972% ▼ $0 $-171.953M ▼
Q1-2025 $9.294B ▲ $262.85M ▼ $244.79M ▲ 2.634% ▲ $0 $434.169M ▲
Q4-2024 $9.174B $272.441M $111.815M 1.219% $0 $170.969M

Balance Statement

Period Cash & Short-term Total Assets Total Liabilities Total Equity
Q4-2025 $399.26M ▼ $18.864B ▼ $7.784B ▼ $11.077B ▲
Q3-2025 $404.149M ▼ $19.687B ▼ $8.898B ▲ $10.785B ▼
Q2-2025 $433.3M ▼ $20.099B ▲ $8.611B ▲ $11.488B ▼
Q1-2025 $879.768M ▼ $19.576B ▲ $7.891B ▼ $11.685B ▲
Q4-2024 $1.375B $18.715B $7.953B $10.755B

Cash Flow Statement

Period Net Income Cash From Operations Cash From Investing Cash From Financing Net Change Free Cash Flow
Q4-2025 $196.697M ▼ $1.271B ▲ $-328.435M ▲ $-955.259M ▼ $-4.889M ▲ $1.079B ▲
Q3-2025 $231.431M ▲ $696.552M ▲ $-506.277M ▼ $-307.487M ▼ $-123.585M ▼ $696.552M ▲
Q2-2025 $-75.754M ▼ $-1.038B ▼ $-39.216M ▼ $1.068B ▲ $-6.882M ▲ $-1.038B ▼
Q1-2025 $245.593M ▲ $-293.984M ▼ $-6.667M ▲ $-36.042M ▼ $-339.246M ▼ $-293.984M ▼
Q4-2024 $111.815M $1.113B $-912.116M $281.305M $484.034M $837.831M

Revenue by Products

Product Q1-2025Q2-2025Q3-2025Q4-2025
Ag
Ag
 $7.14Bn ▲$6.09Bn ▼$7.96Bn ▲$6.56Bn ▼
Energy
Energy
 $2.28Bn ▲$1.80Bn ▼$1.90Bn ▲$2.06Bn ▲
Other Operating Segment
Other Operating Segment
 $160.00M ▲$100.00M ▼$120.00M ▲$40.00M ▼

Five-Year Company Overview

Income Statement

Income Statement Over the past few years, CHS has swung from a period of unusually strong results back toward more normal levels. Revenue and profits rose sharply during the recent commodity upswing, then have stepped down as markets and margins cooled. The business remains profitable, but earnings are now much thinner than at the peak, leaving less cushion if conditions worsen. Overall, the pattern reflects a classic commodity-driven cycle: strong years when prices and margins are favorable, followed by a noticeable reset as the environment normalizes.

Balance Sheet

Balance Sheet The balance sheet looks relatively steady and mature, with total assets holding in a fairly tight range over several years. Debt has come down from earlier levels, though it ticked back up most recently, suggesting management is balancing investment needs with prudence. Equity has generally trended upward, which implies the cooperative has been able to retain value for its members over time. Cash on hand moves around from year to year, typical for a working-capital‑intensive agribusiness, but there is no obvious sign of financial strain in the snapshot provided.

Cash Flow

Cash Flow CHS has consistently generated positive cash flow from its operations, even as profits have cycled up and down. Operating cash flow was particularly strong during the better margin years and has eased more recently alongside earnings. Importantly, the company has still been able to cover its investment spending and maintain positive free cash flow, which suggests its core business is self-funding. Capital spending has been steady to slightly higher, indicating an ongoing commitment to maintain and upgrade assets rather than aggressive expansion.

Competitive Edge

Competitive Edge CHS benefits from a distinctive position as the largest farmer-owned cooperative in the United States, which creates deep customer loyalty and long-term relationships. Its operations span the full agricultural value chain—inputs, grain, processing, and energy—so it can capture value at multiple stages and provide one-stop solutions to its members. A broad network of local cooperatives and global grain-marketing reach gives CHS scale and market access that are difficult for smaller rivals to match. At the same time, its exposure to commodity markets, weather, and global trade policy means competitive strength does not fully insulate it from volatility.

Innovation and R&D

Innovation and R&D The company is investing meaningfully in modern farming technologies, including digital decision tools, precision agriculture, and early work with automation and artificial intelligence. A dedicated crop science R&D center supports the development of proprietary seeds, crop inputs, and biological products, aiming to improve yields and profitability for its members. Through its venture fund, CHS is also backing startups in areas like autonomous equipment, soil analytics, and AI‑driven crop management, which could become future growth drivers if they scale successfully. These initiatives are long-term in nature: they enhance CHS’s relevance and moat, but their financial impact will likely emerge gradually and with uncertainty.

Summary

Overall, CHS shows the profile of a large, established agribusiness cooperative that rides the ups and downs of global commodity cycles. Recent years saw a surge in profitability followed by a clear comedown, but the company has remained solidly profitable with stable assets, rising member equity, and consistently positive free cash flow. Its cooperative structure, integrated supply chain, and extensive rural footprint provide durable competitive advantages, even if they cannot fully smooth out cyclical swings. At the same time, CHS is leaning into innovation—digital tools, crop science, and ag‑tech partnerships—which could strengthen margins and loyalty over time, though the payoff path is not guaranteed. The main trade‑offs to watch are execution on these investments and how well the balance sheet and cash flows hold up through the next turns of the agricultural cycle.