CHSCL CHS INC

Overview and Growth

In fiscal 2025, CHS INC recorded $35.46B of revenue, net income of $597.92M, and an operating cash inflow of $635.79M. The $35.46B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. Compared with $39.26B in fiscal 2024, revenue decreased 9.7%, a top-line contraction that reduced operating scale. The revenue-to-assets relationship was 1.88x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The first profit layer was $1.14B of gross profit, the amount available after reported direct revenue costs to absorb operating expenses. The gross-profit relationship equaled 3.2% of revenue, quantifying the portion retained before operating expenses were recognized. Operations produced $90.75M of income after the reported operating expense base, before the remaining non-operating and tax effects. The operating result equaled 0.3% of revenue, placing the absolute operating-income figure in the context of the company’s sales base. The bottom-line result was net income of $597.92M, after the operating, financing, tax, and other items recognized for the period. The final earnings result represented 1.7% of revenue, connecting the absolute net income figure with the company’s top-line scale. Before income taxes, the company reported $614.77M of earnings, providing a bridge between the operating result and final net income. The pretax margin was 1.7%, relating income before taxes directly to revenue. The reported income-tax provision was $16.78M, the amount recognized between pretax income and the final net-income result. Relative to pretax income, the tax provision measured 2.7%, quantifying the portion of pre-tax earnings paid in income tax. Return on period-end equity was 5.4%, relating annual net income to the equity capital on the balance sheet.

Liquidity and Capital Structure

The company held $18.86B of assets against $7.78B of liabilities and $11.08B of equity, revealing how the asset base was financed. The near-term balance sheet paired $8.09B of current assets with $5.28B of current liabilities at the reporting date. The current ratio was 1.53x, with current assets exceeding current liabilities and providing a short-term liquidity cushion. Cash and equivalents totaled $327.83M, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 6.2%, excluding receivables and other current assets. The company carried $1.78B of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.16x, showing how much debt the company carried for each unit of book equity. Relative to total assets, debt measured 9.5%, showing how much of the asset base was matched by borrowing. Liabilities represented 41.3% of total assets, quantifying the liability-funded share of the company’s resource base. The cash-to-assets relationship was 1.7%, comparing reported cash and equivalents with the full positive asset balance. Compared with $18.72B in fiscal 2024, the current asset base moved 0.8% and finished higher.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $635.79M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 1.06x, comparing cash generated by operations with the bottom-line earnings result. Capital expenditures used $728.58M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Relative to operating cash flow, capital expenditures measured 114.6%, connecting investment intensity with the company’s cash-generation base. Operating cash flow and capital spending combined to leave a $92.79M cash deficit after capital spending. Free-cash-flow margin was -0.3%, reflecting a cash deficit equal to 0.3% of revenue after capital spending. The free-cash-flow deficit equaled 0.5% of total assets, placing the cash shortfall against the company’s resource base.

Based on the annual report for the fiscal year ending Aug 31, 2025. Analysis generated Oct 26, 2026.