Chs Inc. (CHSCO) intrinsic value & 10-year financials

Chs Inc. (CHSCO) has no Graham intrinsic value right now because the formula needs positive earnings. Over the last 10 fiscal years revenue grew 1.8% a year to $35.5B, with an average return on invested capital of 4.7%.

Graham intrinsic value
—
Share price (Oct 17, 2026)
$25.40
Revenue (FY2025)
$35.5B
Revenue growth (10-yr CAGR)
1.8%
ROIC (10-yr avg)
4.7%
Free cash flow (FY2025)
-$92.8M

CHSCO 10-year financial history

Fiscal year Revenue Net income EPS (diluted) Free cash flow Operating margin ROIC
FY2025 $35.5B $597.9M — -$92.8M 0.3% 0.7%
FY2024 $39.3B $1.1B — $464.1M 1.5% 5.2%
FY2023 $45.6B $1.9B — $2.7B 2.9% 12.0%
FY2022 $47.8B $1.7B — $1.6B 2.4% 10.0%
FY2021 $38.4B $554.0M — $440.0M 0.5% 2.0%
FY2020 $28.4B $422.4M — $668.9M 1.0% 2.7%
FY2019 $31.9B $829.9M — $696.7M 2.1% 6.7%
FY2018 $32.7B $775.9M — $716.7M 1.4% 4.7%
FY2017 $31.9B $127.9M — $488.6M -0.4% -0.6%
FY2016 $30.3B $424.2M — $570.7M 1.0% 3.1%

Source: annual 10-K filings on SEC EDGAR. Figures in USD.

Executive summary

CHS INC has demonstrated mature, steady growth, with revenue compounding at 1.7% annually over the past decade.

CHS INC has historically struggled to out-earn its cost of capital, averaging just 4.7% ROIC.

CHS INC has not shown aggressive share repurchases (>10% retirement) or a major balance-sheet leverage increase (>50% net debt growth) over the 10-year window.

Benjamin Graham lens

Under Benjamin Graham's formula using SEC EDGAR fundamentals, CHS INC is modeled at 1.8% normalized earnings growth with a 5.1% bond-yield adjustment.

CHSCO stock: frequently asked questions

How fast has Chs Inc. grown?

Revenue went from $30.3B in fiscal 2016 to $35.5B in fiscal 2025, a compound annual growth rate of 1.8%. Net income was $597.9M in fiscal 2025.

Does Chs Inc. generate free cash flow?

Chs Inc. generated -$92.8M of free cash flow (operating cash flow minus capital expenditures) in fiscal 2025. Free cash flow was positive in 9 of the last 10 reported years.

What is CHSCO's return on invested capital?

Average ROIC over the last 10 fiscal years was 4.7%, and average return on equity was 9.1%. Sustained ROIC above about 15% usually points to a durable competitive advantage.

Where does this CHSCO data come from?

From Chs Inc.'s annual 10-K filings on SEC EDGAR, most recently filed Jul 8, 2026. Prices are end-of-day snapshots; valuations are formula outputs, not investment advice.

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