CHS INC CHSCP

Industrials SIC 5150 - Wholesale-Farm Product Raw Materials Nasdaq

CHS Inc. (referred to herein as "CHS," "company," "we," "us" or "our") is the nation's leading integrated agricultural cooperative, providing grain, food, agronomy and energy resources to businesses and consumers on a global basis. As a cooperative, we are owned by farmers and ranchers and member cooperatives (referred to herein as "members") across the United States. We also have preferred shareholders who own shares of our five series of preferred stock, all of which are listed and traded on the Global Select Market of The Nasdaq Stock Market LLC ("Nasdaq"). We buy commodities from and provide products and services to individual agricultural producers, local cooperatives and other companies (including our members and other nonmember customers), both domestically and internationally. We provide a wide variety of products and services, ranging from initial agricultural inputs such as fuels, farm supplies, crop nutrients and crop protection products to agricultural outputs that include grain and oilseed, processed grain and oilseed, renewable fuels and food products. A portion of our operations are conducted through equity investments and joint ventures whose operating results are not fully consolidated with our results; rather, our share of the income or loss from those equity investments and joint ventures is included as a component of our net income using the equity method of accounting. For the year ended August 31, 2025, our total revenues were $35.5 billion and net income attributable to CHS was $597.9 million.

Last close 26.70 2026-09-04
Market cap
52-week range 26.51 - 30.57

Valuation FY2025 figures against the last close

P/S
P/E
P/FCF
EV/EBITDA
Dividend yield
Diluted EPS

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $35.46B$39.26B$45.59B$47.79B$38.45B$28.41B$31.90B$32.68B$32.04B$30.36B
Cost of revenue $34.33B$37.51B$43.21B$45.66B$37.50B$27.42B$30.52B$31.59B$31.14B$29.39B
Gross profit $1.14B$1.75B$2.38B$2.13B$951.4M$981.8M$1.38B$1.09B$893.9M$968.7M
SG&A $1.05B$1.17B$1.03B$997.8M$745.6M$704.5M$724.7M$639.8M$611.1M$601.3M
Operating income $90.8M$584.4M$1.34B$1.13B$205.8M$277.3M$659.6M$452.4M-$173.9M$292.4M
Interest expense $146.1M$104.1M$137.4M$114.2M$104.6M$117.0M$167.1M$149.2M$171.2M$113.7M
Pre-tax income $614.8M$1.10B$2.01B$1.81B$515.3M$386.9M$815.6M$671.2M-$110.2M$402.1M
Income tax $16.8M$4.9M$107.7M$132.1M$38.2M$36.7M$12.5M$104.1M$181.1M$19.1M
Net income $597.9M$1.10B$1.90B$1.68B$554.0M$422.4M$829.9M$775.9M$71.6M$383.2M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $327.8M$794.9M$1.77B$903.5M$542.5M$217.0M$299.7M$543.9M$272.3M$345.6M
Short-term investments $0$500.9M$0
Inventory $3.27B$3.07B$3.22B$3.65B$3.33B$2.74B$2.85B$2.77B$2.60B$3.14B
Total current assets $8.09B$8.71B$9.13B$9.38B$8.00B$6.27B$6.66B$6.69B$5.63B$7.95B
Property, plant and equipment $5.50B$5.18B$4.87B$4.74B$4.81B$4.96B$5.09B$5.14B$5.36B$5.44B
Goodwill $239.4M$180.0M$180.0M$180.0M$171.6M$172.4M$172.4M$138.5M$138.5M$144.3M
Other intangibles $94.4M$42.1M$47.0M$53.2M$58.4M$65.0M$71.2M$29.3M$33.3M$44.8M
Total assets $18.86B$18.72B$18.96B$18.82B$17.58B$15.99B$16.45B$16.38B$15.82B$18.28B
Accounts payable $2.72B$2.70B$2.93B$3.06B$2.62B$1.72B$1.93B$1.84B$1.99B$2.57B
Total current liabilities $5.28B$5.40B$5.90B$6.95B$6.33B$4.92B$5.58B$5.93B$5.48B$7.65B
Long-term debt $1.78B$2.12B$700.0M$1.91B$1.58B$1.75B$1.75B$1.92B$2.14B$2.17B
Retained earnings $3.02B$2.81B$2.54B$2.06B$1.71B$1.62B$1.58B$1.48B$1.27B$1.59B
Total equity $11.08B$10.76B$10.45B$9.46B$9.02B$8.82B$8.62B$8.17B$7.71B$7.76B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $635.8M$1.27B$3.28B$1.95B$757.8M$1.09B$1.14B$1.07B$954.7M$1.26B
Depreciation and amortisation $651.4M$569.9M$539.5M$462.0M$461.7M$477.4M$473.2M$478.1M$480.2M$447.5M
Capital expenditure $728.6M$808.8M$564.5M$354.4M$317.8M$418.4M$443.2M$355.4M$444.4M$692.8M
Investing cash flow -$880.6M-$1.43B-$950.2M-$457.1M-$101.7M-$243.7M-$661.3M-$79.5M-$405.0M-$3.75B
Financing cash flow -$230.6M-$814.3M-$1.40B-$1.11B-$326.6M-$931.1M-$725.6M-$732.2M-$618.3M$1.81B

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000823277-25-000038.

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