CHS INC PRF CLASS B SER 3 | 10-K: FY2025 Revenue: USD 35.46 B

Revenue: As of FY2025, the actual value is USD 35.46 B.

Energy Segment

• Revenue: $7.6 billion, primarily from gasoline, diesel fuel, and propane.
• Operational Metrics: Lower refinery throughput volumes and refined fuel yields due to planned maintenance at the McPherson refinery.
• Unique Metrics: Received notice from the EPA granting small refinery exemption for compliance years 2019 through 2024, resulting in a benefit of approximately $90 million.

Ag Segment

• Revenue: $27.7 billion after elimination of intersegment revenues.
• Operational Metrics: Decreased margins for grain and oilseed product category and oilseed processing due to unfavorable market conditions and lower crush margins.
• Volumes: Increased volumes for wholesale and retail agronomy products and grain and oilseed.

Nitrogen Production Segment

• Operational Metrics: Equity income from CF Nitrogen investment was approximately $2.5 billion.

Corporate and Other

• Operational Metrics: Increased equity income from investments, including a gain on the sale of a business recognized by Ventura Foods.

Outlook

• The company anticipates various macroeconomic factors will continue to drive uncertainty and instability in global energy and agricultural commodity markets, which could have a significant impact on each segment during fiscal 2026.
• Factors include ongoing geopolitical conflicts, shifts in global trade flows, potential changes in U.S. trade policy, and pricing pressures impacting costs of labor, freight, and materials.
• The company expects the trend of reduced margins for energy and agricultural commodities to persist in fiscal 2026.