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BALCAO · AGRICULTURAL SERVICES · SMALL CAP

Golden Growers Cooperative GGROU

17 fiscal years on record · USD · FY2025 reported · SEC filings only
$62.3M
▲ 0.5% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Golden Growers Cooperative ("we," "us," "our," and the "Cooperative") is a value-added agricultural cooperative association owned by 1,445 members primarily from Minnesota, North Dakota and South Dakota, all of whom deliver corn to the Cooperative for processing. The Cooperative was originally formed in 1994 as a North Dakota agricultural cooperative with the goal of allowing its members to receive additional value from the corn that they grow through the processing of that corn into value-added products, such as corn sweeteners. The Cooperative is in the business of providing value to its members by facilitating their delivery of corn to the corn wet-milling facility owned by ProGold. The Cooperative and Cargill each own a 50% interest in ProGold. As of December 31, 2025, the Cooperative had 1 full-time employee, Executive Vice President, Scott Stofferahn, who serves in the capacity of chief executive officer and chief financial officer. The Cooperative was formed in 1994 by a group of corn growers with a goal of adding value to the corn they delivered for processing.

Written from the business description in Golden Growers Cooperative's annual report to the U.S. Securities and Exchange Commission, filed 18 March 2026. Every sentence was checked against that document before publication.

Growth

USD 62.3M
Revenue, FY2025 · full 17-year series below
Revenue $M Net income $M
FY2023 · Revenue 88.0 · Net income 5.3
50M100M
2009201220152018202120242025
Compound annual growth
−16.6%
+4.3%
+1.0%
+0.5%
−1.5%
−2.9%
−6.1%
+1.8%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +4.3% a year over the five years to FY2025.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

·
Operating margin Net margin
FY2025 · Operating 9.3% · Net ·
5%10%15%
200920172025
ROE

Not available in our data for this period.

Three returns, three denominators.
Return on equityNot available in our data for this period.

Return on equity has no reading this year — return on capital employed, just below, still does: 26%.

Cash & shareholders

·
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2012 · FCF -0.9
-0.5M-1.0M
200920172025
Net buybacks $ Dividends $
FY2009 · Dividends · · Net buybacks 3000.0
15003000
2009

Total assetsUSD 20.3M
CashUSD 1.2M
Current ratio32.51×

Not available: we don't have the total debt figure for this period.

The 17-year record

17 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
GGROU, 17-year financial record
Metric 20252024202320222021202020192018201720162015201420132012201120102009
Revenue $B0.10.10.10.10.10.10.10.10.00.10.10.10.10.10.10.10.1
Operating income $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
EBITDA $B◌◌◌◌◌◌◌◌0.00.00.00.00.00.00.00.00.0
Income tax $B0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0
Net income $B◌◌0.00.00.00.00.0◌◌◌◌◌◌◌◌◌◌
Free cash flow $B◌◌◌◌◌◌◌◌◌◌◌◌◌−0.0◌◌−0.0
EPS, diluted $◌◌◌0.430.520.360.470.410.590.300.290.340.310.360.340.320.32
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend—————————————————
ROE % — not available in our data◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 49 reconciliationsAUDITED

Reconciled in 17 of the 17 fiscal years we could check. Six checks were skipped: the balance sheet is not tagged before 2010. Two checks were skipped: EPS is not tagged before 2009. Two checks were skipped: revenue is not tagged before 2009.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityAgricultural Services
Listed onOTC market
Incorporated inMinnesota
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2009

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