Archer-Daniels-Midland Co (ADM)
Archer-Daniels-Midland Company provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition. The company engages in the origination, merchandising, transportation, and storage of agricultural raw materials, as well as the crushing and processing of oilseeds, including soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed; produces and markets vegetable oils and oilseed protein meals used by food, feed, energy, and industrial customers; sale of crude and partially refined vegetable oils; supplies peanuts and peanut-derived ingredients; and manufactures cotton cellulose pulp. It is also involved in the grain sourcing, handling, and multimodal transportation network supporting import, export, and distribution activities; structured trade finance activities; corn and wheat wet and dry milling and related processing activities; production of distillers' grains, corn gluten feed, and corn gluten meal for use as animal feed ingredients; and carbon capture and sequestration and other emissions-reduction initiatives. In addition, the company engages in the creation, manufacturing, sale, and distribution of an array of ingredients and solutions comprising plant-based proteins, flavors and colors derived from nature, flavor systems, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, postbiotics, enzymes, botanical extracts, and other specialty food and feed ingredients and systems. Further, it is involved in the derivatives and commodity exchanges and clearing houses; and insurance coverage for certain property, casualty, marine, medical, and other miscellaneous risks. The company was founded in 1902 and is based in Chicago, Illinois.
- Symbol
- ADM
- Exchange
- NYSE
- Sector
- Consumer Defensive
- Industry
- Farm Products
- Market cap
- $39.02B
- 52 week range
- 55.58 - 88.75
Valuation
- Share price
- $80.45 (close of 2026-10-02)
- P/E (TTM)
- 21.98x
- Price to book
- 1.65x
- Price to free cash flow
- 23.27x
- Enterprise value
- $47.30B
- Book value per share
- $48.62
Price performance
| Period | Change |
|---|---|
| 1 day | +1.17% |
| 5 days | -0.83% |
| 1 month | -5.77% |
| 3 months | +4.77% |
| 6 months | +8.97% |
| Year to date | +39.94% |
| 1 year | +36.10% |
| 3 years | +8.42% |
| 5 years | +32.32% |
| 10 years | +90.78% |
| All time | +4248.65% |
Members of Congress who disclosed ADM trades
Gilbert Ray Cisneros · Robert Bresnahan · Tommy Tuberville
Super investors holding ADM
Dodge & Cox (Dodge & Cox Funds) · Ken Griffin (Citadel) · George Soros (Soros Fund Mgmt)
Profitability and growth
- Return on equity
- 4.74%
- Return on assets
- 2.06%
- Gross margin
- 20.17%
- Net margin
- 4.32%
- EBITDA margin
- 12.23%
- Revenue growth
- 2.39%
- Net income growth
- -40.11%
- Free cash flow growth
- 242.62%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 4.30%
- Current ratio
- 1.39x
- Net debt to EBITDA
- 2.14x
Latest reported year
- Period end
- 2025-12-31
- Fiscal year
- 2025
- Revenue
- $24.96B
- Cost of revenue
- $75.24B
- Gross profit
- $5.03B
- EBITDA
- $3.05B
- Net income
- $1.08B
- Earnings per share
- $2.23
- Research and development
- $246.00M
- Interest expense
- $612.00M
- Shares outstanding
- 484.00M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|---|---|---|---|
| 2025-12-31 | $24.96B | $5.03B | $1.08B | $2.23 |
| 2024-12-31 | $24.37B | $5.78B | $1.80B | $3.66 |
| 2023-12-31 | $25.69B | $7.51B | $3.48B | $6.44 |
| 2022-12-31 | $27.61B | $7.57B | $4.34B | $7.72 |
| 2021-12-31 | $85.25B | $5.99B | $2.71B | $4.80 |
| 2020-12-31 | $64.36B | $4.45B | $1.77B | $3.16 |
| 2019-12-31 | $64.66B | $4.15B | $1.38B | $2.45 |
| 2018-12-31 | $64.34B | $4.18B | $1.81B | $3.21 |
| 2017-12-31 | $60.83B | $3.52B | $1.59B | $2.80 |
| 2016-12-31 | $62.35B | $3.62B | $1.28B | $2.18 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity |
|---|---|---|---|
| 2025-12-31 | 20.17% | 4.32% | 4.74% |
| 2024-12-31 | 23.71% | 7.39% | 8.12% |
| 2023-12-31 | 29.24% | 13.56% | 14.43% |
| 2022-12-31 | 27.42% | 15.72% | 17.85% |
| 2021-12-31 | 7.02% | 3.18% | 12.04% |
| 2020-12-31 | 6.92% | 2.75% | 8.85% |
| 2019-12-31 | 6.41% | 2.13% | 7.17% |
| 2018-12-31 | 6.50% | 2.81% | 9.53% |
| 2017-12-31 | 5.78% | 2.62% | 8.71% |
| 2016-12-31 | 5.80% | 2.05% | 7.44% |
Cash and debt by year
| Period end | Cash | Debt |
|---|---|---|
| 2025-12-31 | $1.01B | $6.61B |
| 2024-12-31 | $611.00M | $7.58B |
| 2023-12-31 | $1.37B | $8.26B |
| 2022-12-31 | $1.04B | $7.74B |
| 2021-12-31 | $943.00M | $8.01B |
| 2020-12-31 | $666.00M | $7.88B |
| 2019-12-31 | $852.00M | $7.67B |
| 2018-12-31 | $2.00B | $7.70B |
| 2018-01-01 | $804.00M | $6.62B |
| 2017-12-31 | $804.00M | $6.62B |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|---|---|
| 2025-12-31 | $4.20B | $83.00M |
| 2024-12-31 | $1.23B | $74.00M |
| 2023-12-31 | $2.97B | $112.00M |
| 2022-12-31 | $2.16B | $147.00M |
| 2021-12-31 | $5.43B | $161.00M |
| 2020-12-31 | -$3.21B | $151.00M |
| 2019-12-31 | -$6.28B | $89.00M |
| 2018-12-31 | -$5.63B | $109.00M |
| 2017-12-31 | -$7.01B | $66.00M |
| 2016-12-31 | -$7.39B | $74.00M |
Dividend history
- Most recent payment
- 2026-08-19
- Paid in the last twelve months
- $2.07
| Payment date | Dividend per share |
|---|---|
| 2026-08-19 | $0.52 |
| 2026-05-20 | $0.52 |
| 2026-02-17 | $0.52 |
| 2025-11-19 | $0.51 |
| 2025-08-20 | $0.51 |
| 2025-05-21 | $0.51 |
| 2025-02-18 | $0.51 |
| 2024-11-21 | $0.50 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-03
- Consensus EPS estimate
- $1.52
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|---|---|
| 2026-08-04 | Jun/2026 | $1.42 |
| 2026-05-05 | Mar/2026 | $0.66 |
| 2026-02-03 | Dec/2025 | $0.83 |
| 2025-11-04 | Sep/2025 | $0.89 |
| 2025-08-05 | Jun/2025 | $0.88 |
| 2025-07-28 | - | - |
| 2025-05-06 | Mar/2025 | $0.69 |
| 2025-04-28 | - | - |
Filings and sources
- Company website
- adm.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
Similar companies
Bunge Global SA (BG) · Tyson Foods, Inc. (TSN) · BJ's Wholesale Club Holdings, Inc. (BJ) · Dollar Tree, Inc. (DLTR) · Sysco Corp (SYY) · Dollar General Corp (DG) · US Foods Holding Corp. (USFD) · Target Corp (TGT)
All Consumer Defensive companies
Understanding these figures
Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart
Explore
Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades