CHSCP on Nasdaq

CHS Inc.

Logo: CHS Inc., Public domain, via Wikimedia Commons5

American agricultural company

CHS Inc. is a Fortune 500 secondary cooperative owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders.3 From Wikipedia, CC BY-SA 4.0

$25.88 up 0.17 (0.66%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$35.5BRevenue, fiscal 20256
$597.9MNet income, fiscal 20256
1931Founded1

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  • TickerCHSCP on Nasdaq1
  • Industryfood industry1
  • HeadquartersInver Grove Heights1
  • Websitewww.chsinc.com
  • Incorporated inMN7
  • Business address5500 Cenex Drive, Inver Grove Heights, Mn 550777
  • Filer categoryNon-accelerated filer7

CHS Inc. is a Fortune 500 secondary cooperative owned by United States agricultural cooperatives, farmers, ranchers, and thousands of preferred stock holders. Based in Inver Grove Heights, Minnesota, CHS owns and operates various food processing and wholesale, farm supply, financial services and retail businesses. It also distributes Cenex brand fuel in 19 midwestern and western states as one of North America's largest c-store networks. It is a co-owner (with Mitsui & Co.) of Ventura Foods, a vegetable oil processor.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

3.2%Gross margin6
0.3%Operating margin6
1.7%Net margin6
-9.7%Revenue growth, 20256
5.4%Return on equity6
0.16×Debt to equity6
-$92.8MFree cash flow6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Ag brought in 78% of the revenue CHS Inc. broke down this way in fiscal 2025.

  1. Ag$27.7B678%down 9% from 2024
  2. Energy$7.6B622%down 13% from 2024
  3. Corporate Segment and Other Operating$79.1M60%up 2% from 2024
Business segments by year
Business segments202320242025
Ag$35.4B$30.4B$27.7B
Energy$10.1B$8.8B$7.6B
Corporate Segment and Other Operating$67.9M$77.9M$79.1M

Regions

North America brought in 96% of the revenue CHS Inc. broke down this way in fiscal 2025.

  1. North America$34.1B696%down 7% from 2024
  2. EMEA$541.8M62%down 22% from 2024
  3. Asia Pacific$452.7M61%down 61% from 2024
  4. South America$356.0M61%down 31% from 2024
Regions by year
Regions202320242025
North America$43.4B$36.9B$34.1B
EMEA$930.1M$693.5M$541.8M
Asia Pacific$905.8M$1.2B$452.7M
South America$378.0M$515.2M$356.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue95¢$34.3B
  • Selling, general and admin3¢$1.0B
  • Interest0¢$146.1M
  • Income tax0¢$16.8M
  • Profit2¢$597.9M

Out of $35.5B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Capital spending100¢$728.6M

Out of $635.8M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.6

Financial statements

Revenue9101112136$35.5B in 2025+9% since 2018
0$20.0B$40.0B$60.0B2018: $32.7B$32.7B20182019: $31.9B$31.9B2019−2%2020: $28.4B$28.4B2020−11%2021: $38.4B$38.4B2021+35%2022: $47.8B$47.8B2022+24%2023: $45.6B$45.6B2023−5%2024: $39.3B$39.3B2024−14%2025: $35.5B$35.5B2025−10%
Gross profit9101112136$1.1B in 2025+4% since 2018
0$1.0B$2.0B$3.0B2018: $1.1B$1.1B20182019: $1.4B$1.4B2019+27%2020: $981.8M$981.8M2020−29%2021: $951.4M$951.4M2021−3%2022: $2.1B$2.1B2022+124%2023: $2.4B$2.4B2023+12%2024: $1.8B$1.8B2024−26%2025: $1.1B$1.1B2025−35%
Operating income9101112136$90.8M in 2025−80% since 2018
0$500.0M$1.0B$1.5B2018: $452.4M$452.4M20182019: $659.6M$659.6M2019+46%2020: $277.3M$277.3M2020−58%2021: $205.8M$205.8M2021−26%2022: $1.1B$1.1B2022+449%2023: $1.3B$1.3B2023+19%2024: $584.4M$584.4M2024−57%2025: $90.8M$90.8M2025−84%
Net income9101112136$597.9M in 2025−23% since 2018
0$500.0M$1.0B$1.5B$2.0B2018: $775.9M$775.9M20182019: $829.9M$829.9M2019+7%2020: $422.4M$422.4M2020−49%2021: $554.0M$554.0M2021+31%2022: $1.7B$1.7B2022+203%2023: $1.9B$1.9B2023+13%2024: $1.1B$1.1B2024−42%2025: $597.9M$597.9M2025−46%

Every line of the income statement in the latest annual report, as filed.6

Period ending2025-08-312024-08-312023-08-31
Revenues$35.5B$39.3B$45.6B
Cost of goods sold$34.3B$37.5B$43.2B
Gross profit$1.1B$1.8B$2.4B
Marketing, general and administrative expenses$1.0B$1.2B$1.0B
Cost of goods sold (a)$90.8M$584.4M$1.3B
Interest expense$146.1M$104.1M$137.4M
Other income-$100.4M-$137.6M-$112.1M
Equity income from investments-$569.7M-$479.9M-$689.6M
(Loss) income before income taxes$614.8M$1.1B$2.0B
Income Tax Expense (Benefit)-$16.8M$4.9M-$107.7M
Net income$598.0M$1.1B$1.9B
Net income (loss) attributable to noncontrolling interests$78.0K$340.0K-$314.0K
Earnings attributable to CHS Inc.$597.9M$1.1B$1.9B

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The story

CHS's history began in 1931 with the founding of the Farmers Union Central Exchange in Saint Paul, Minnesota. Later, the core cooperative company became Cenex, from the combination of the last two words in its previous name.

In 1998, Cenex merged with Harvest States Cooperatives. Harvest States was the product of a 1983 merger between North Pacific Grain Growers (formed 1929) and the Farmers Union Grain Terminal Association (formed 1938). The merged cooperative took the name Cenex Harvest States, adopting "CHS" as its brand name. In 2003, it changed its legal name to CHS Inc.

In 1963, the CHS unit formerly called Honeymead Products Company was involved in a major oil spill that reached the Mississippi River. 3.5 million gallons of crude soybean oil and processed salad oil from the Honeymead Mankato soybean oil processing plant and petroleum from the Richards Oil Plant in Savage spilled into the Blue Earth River and other nearby waterways, eventually diverting into the Mississippi River. Mass wildlife deaths and habitat destruction followed. Public outrage about the environmental devastation and inadequate government response led to state legislation to protect Minnesota waterways and the establishment of the Minnesota Pollution Control Agency four years later. No state agency previously existed to set or enforce rules to preempt environmental disasters and water contamination.

Co-branding with Eagle Stop

Eagle Stop is a chain of convenience stores headquartered in Missouri. As of 2022, the chain has 49 locations, all in Missouri. All Eagle Stop locations are co-branded with Cenex gas stations.

From Wikipedia’s article on CHS Inc., shared under CC BY-SA 4.0.8

Leadership

Who has led CHS Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (17)

Subsidiaries and ownership

Subsidiaries

  • Cenex

From Wikidata.1

Former names

  • CENEX HARVEST STATES COOPERATIVESAug 13, 1998 to Jul 2, 20037
  • HARVEST STATES COOPERATIVESDec 13, 1996 to Jun 10, 19987

Timeline

  1. 1931Founded Founded1

Recent filings

  1. Oct 5, 20268-K
  2. Aug 26, 20268-K
  3. Aug 6, 20268-K
  4. Jul 8, 20268-K
  5. Jul 8, 202610-Q
  6. Jul 8, 20268-K
  7. Apr 8, 202610-Q
  8. Apr 8, 20268-K
  9. Apr 7, 20268-K
  10. Apr 3, 20268-K
  11. Jan 7, 202610-Q
  12. Jan 7, 20268-K
  13. Jan 6, 20268-K
  14. Dec 8, 20258-K
  15. Dec 5, 20258-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2