Land O'Lakes

OverviewSuggest Edit

Land O'Lakes is an agricultural cooperative that markets its products under a family of brands. It offers local cooperatives and agricultural producers a line of agricultural supplies, as well as production and business services. The company is also a marketer of dairy-based food products for consumers, foodservice professionals, and food manufacturers.

TypePrivate
Founded1921
HQArden Hills, MN, US
Websitelandolakesinc.com
Employee Ratings4
Overall CultureD+

Latest Updates

Employees (est.) (Oct 2020)9,000
Job Openings269
Revenue (FY, 2019)$13.9 B(-7%)
Cybersecurity ratingBMore

Key People/Management at Land O'Lakes

Teddy Bekele

Teddy Bekele

SVP and Chief Technology Officer
Jim Wyvell

Jim Wyvell

Vice President Finance
Heather Anfang

Heather Anfang

SVP of U.S. Dairy Foods
Beth Ford

Beth Ford

President and CEO
Lisa Deverell

Lisa Deverell

President, Purina Animal Nutrition and EVP, Land O'Lakes, Inc.
Yone Dewberry

Yone Dewberry

SVP and Chief Supply Chain Officer
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Land O'Lakes Office Locations

Land O'Lakes has an office in Arden Hills
Arden Hills, MN, US (HQ)
4001 Lexington Ave N
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Land O'Lakes Financials and Metrics

Summary Metrics

Founding Date

1921
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Land O'Lakes Revenue

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View revenue for all periods
Land O'Lakes's revenue was reported to be $13.89 b in FY, 2019 which is a 7% decrease from the previous period.
USD

Revenue (Q3, 2020)

2.9b

Gross profit (Q3, 2020)

323.9m

Gross profit margin (Q3, 2020), %

11%

Net income (Q3, 2020)

65.7m

EBIT (Q3, 2020)

47.2m

Cash (30-Sept-2020)

43.0m
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

13.7b14.9b13.9b

Revenue growth, %

9%(7%)

Cost of goods sold

12.2b13.6b12.6b

Gross profit

1.6b1.4b1.3b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

3.9b4.2b3.2b3.5b3.8b3.0b3.8b3.5b2.9b

Cost of goods sold

3.5b3.8b2.9b3.1b3.5b2.7b3.4b3.2b2.6b

Gross profit

439.3m379.5m272.6m369.4m332.6m260.1m344.8m333.5m323.9m

Gross profit Margin, %

11%9%8%11%9%9%9%9%11%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

73.1m201.0m335.7m

Accounts Receivable

1.9b1.9b1.9b

Prepaid Expenses

1.9b1.5b1.1b

Inventories

2.6b2.4b2.4b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

60.9m42.7m67.7m63.1m61.1m49.6m55.4m53.3m43.0m

Accounts Receivable

2.7b2.5b2.3b2.5b2.2b2.2b2.7b2.2b2.1b

Prepaid Expenses

560.1m198.8m176.5m584.9m197.7m170.5m313.6m136.9m142.3m

Inventories

2.8b2.5b2.5b2.5b2.3b2.3b2.3b2.1b2.1b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

364.8m255.2m206.8m

Depreciation and Amortization

212.3m244.3m247.3m

Inventories

(357.7m)209.7m55.3m

Accounts Payable

126.2m(69.9m)(101.4m)
USDFY, 2017

Revenue/Employee

3.5m

Debt/Equity

0.6 x

Debt/Assets

0.2 x

Financial Leverage

3.5 x
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Land O'Lakes Operating Metrics

FY, 2017FY, 2018FY, 2019

Countries

5050

Direct AG Producers

886749744

Direct Dairy Producers

1.96 k1.85 k1.71 k

Independent Retailers

36
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Land O'Lakes Acquisitions / Subsidiaries

Company NameDateDeal Size
AgrenJuly 31, 2018
Vermont CreameryMarch 29, 2017
CeresJune 17, 2016$17.2 m
FLM+February 19, 2015
Kozy Shack EnterprisesJuly 10, 2012
Purina MillsJune 18, 2001$360 m
AGRI AFC LLC
Agriliance LLC
AMERICAS COUNTRY STORES LLC
Calva Products Co., Inc.
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Land O'Lakes Cybersecurity Score

Cybersecurity ratingPremium dataset

B

89/100

SecurityScorecard logo

Land O'Lakes Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Land O'Lakes Online and Social Media Presence

Embed Graph

Land O'Lakes Company Culture

  • Overall Culture

    D+

    62/100

  • CEO Rating

    C+

    66/100

  • Compensation

    C

    63/100

  • Diversity

    D-

    47/100

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Land O'Lakes News and Updates

Land O'Lakes Sustainability Business Truterra Launches TruCarbon™, the First Farmer-Owned Carbon Program

ARDEN HILLS, Minn., Feb. 4, 2021 /PRNewswire/ -- Truterra, LLC, the sustainability business and subsidiary of Land O'Lakes, Inc., one of America's largest farmer-owned cooperatives, today announced the launch of TruCarbon, a transformational new carbon program that will help farmers...

Land O'Lakes, Inc. Collaborates with C2 Energy Capital for Three Community Solar Projects

NEW YORK, Nov. 10, 2020 /PRNewswire/ -- C2 Energy Capital LLC, a rapidly growing investor in renewable energy and storage assets, announced that Land O'Lakes, Inc. has subscribed to three of its completed community solar garden projects near the farmer-owned agricultural cooperative's...

Danone North America sues Land O’ Lakes over copyright dispute

Danone North America, the Broomfield-based company that was previously WhiteWave Foods, is claiming in court that dairy cooperative Land O’ Lakes Inc. has infringed on its trademarks for months. In a complaint filed in the U.S. District Court of Colorado on Thursday, WWF Operating Co. LLC claims …

Land O'Lakes, Inc. delivers strong third quarter 2020

ARDEN HILLS, Minn., Oct. 30, 2020 /PRNewswire/ -- Land O'Lakes, Inc. today reported net sales of $2.9 billion and net earnings of $66 million for the third quarter ending September 30, 2020, compared with net sales of $3.0 billion and net earnings of $12 million during the third quarter...

Tractor Supply Company joins the American Connection Project Broadband Coalition with $1M donation initiative

Tractor Supply Company, the largest rural lifestyle retailer in the United States, announced today that it is joining the American Connection Project Broadband Coalition (ACPBC or “Coalition”) to bring high-speed internet infrastructure to rural areas. By joining the Coalition, Tractor Supply will l…
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Land O'Lakes Frequently Asked Questions

  • When was Land O'Lakes founded?

    Land O'Lakes was founded in 1921.

  • Who are Land O'Lakes key executives?

    Land O'Lakes's key executives are Teddy Bekele, Jim Wyvell and Heather Anfang.

  • How many employees does Land O'Lakes have?

    Land O'Lakes has 9,000 employees.

  • What is Land O'Lakes revenue?

    Latest Land O'Lakes annual revenue is $13.9 b.

  • What is Land O'Lakes revenue per employee?

    Latest Land O'Lakes revenue per employee is $1.5 m.

  • Who are Land O'Lakes competitors?

    Competitors of Land O'Lakes include Fonterra, Dean Foods and Kraft Heinz.

  • Where is Land O'Lakes headquarters?

    Land O'Lakes headquarters is located at 4001 Lexington Ave N, Arden Hills.

  • Where are Land O'Lakes offices?

    Land O'Lakes has an office in Arden Hills.

  • How many offices does Land O'Lakes have?

    Land O'Lakes has 1 office.