Archer Daniels Midland
ADM NYSE· Agricultural Products & Services
Last close · Oct 26, 2026
$79.01
KIRA · Stoqly’s AI analyst, in plain words
- Archer Daniels Midland had $80.3B of revenue in fiscal 2025, down 6.2% on the year before. Over five years, revenue changed +4.5% a year on average.
- Archer Daniels Midland made $1.1B of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 0.4% a year.
- Free cash flow was $4.2B in fiscal 2025, 5.2% of revenue.
- Archer Daniels Midland returned $987M to shareholders in fiscal 2025, 23% of free cash flow. The diluted share count fell 1.8%.
- Archer Daniels Midland owes $7.4B more than it holds in cash, about 2.4 years of operating profit.
Market cap
$38.3B
P/E
21.6x
Revenue
$80.3B
Net income
$1.1B
Free cash flow
$4.2B
Operating margin
—
Archer Daniels Midland in 30 seconds · fiscal 2025
Are sales growing?
−6.2%
No. Sales fell 6.2% last year.
Does it make a profit?
1.3%
A little. It keeps 1.3% of every sale as profit.
Does profit turn into cash?
5.2%
Partly. 5.2% of sales ends up as free cash.
Is debt under control?
2.4x
Keep an eye on it. Repaying its debt would take 2.4 years of operating profit.
How healthy are the accounts?
5 / 9
Mixed. It passes 5 of 9 health tests.
How is the share priced?
21.6x
One share costs 21.6 times its yearly profit per share. Typical for its sector: 24.7x.
What Archer Daniels Midland does
ADM buys crops from farmers around the world and turns them into food ingredients, animal feed, fuels and industrial products. It buys, stores, ships and processes grains and oilseeds such as soybeans and corn, and makes items like vegetable oils, protein meals for livestock feed, sweeteners, starches, ethanol, flavors, colors and pet food ingredients. Its customers include food, beverage, feed, energy and industrial companies. It reports three segments. Ag Services and Oilseeds handles crop trading, transport and storage and crushes oilseeds into oils and meals. Carbohydrate Solutions mills corn and wheat into sweeteners, starches, flour and ethanol. Nutrition makes ingredients and systems for people and animals. Soybeans made up 17% of 2025 revenue, corn 13% and soybean meal 11%. ADM also holds a 22.5% stake in Wilmar International, a Singapore-listed agribusiness group. It says it competes mainly on price, exchange rates, quality and global supply.
Biggest risks, in its own words
- Price swings and supply shocks in the farm commodities it buys, stores, processes and sells.
- Weather, transport and energy costs that can disrupt how it sources and moves crops.
- Limited control over its joint ventures and equity investments, which it may have to write down.
- Strong competition in commodity markets, where it competes mainly on price and quality.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Feb 17, 2026
- Legal name
- Archer-Daniels-Midland Co
- CIK
- 0000007084
Archer Daniels Midland · ADM
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $85.2B | $101.6B | $93.9B | $85.5B | $80.3B |
| Revenue growth | 32.5% | 19.1% | −7.5% | −9.0% | −6.2% |
| Gross margin | 7.0% | 7.5% | 8.0% | 6.8% | 6.3% |
| Net income | $2.7B | $4.3B | $3.5B | $1.8B | $1.1B |
| Net margin | 3.2% | 4.3% | 3.7% | 2.1% | 1.3% |
| Diluted EPS | $4.79 | $7.71 | $6.43 | $3.65 | $2.23 |
| Cash | |||||
| Cash from operations | $6.6B | $3.5B | $4.5B | $2.8B | $5.5B |
| Capital expenditure | $1.2B | $1.3B | $1.5B | $1.6B | $1.2B |
| Free cash flow | $5.4B | $2.2B | $3.0B | $1.2B | $4.2B |
| FCF margin | 6.4% | 2.1% | 3.2% | 1.4% | 5.2% |
| Dividends paid | $834M | $899M | $977M | $985M | $987M |
| Share buybacks | $0.0M | $1.5B | $2.7B | $2.3B | $0.0M |
| Share count change | 0.2% | −0.5% | −3.7% | −9.0% | −1.8% |
| Debt and strength | |||||
| Cash and short-term investments | $943M | $1.0B | $1.4B | $611M | $1.0B |
| Debt incl. finance leases | $9.5B | $9.2B | $8.4B | $10.2B | $8.4B |
| Shareholders' equity | $22.5B | $24.3B | $24.1B | $22.2B | $22.7B |
| Net debt / EBITDA | 1.9x | 1.2x | 1.2x | 2.3x | 2.4x |
| Current ratio | 1.5x | 1.5x | 1.6x | 1.4x | 1.4x |
| Interest coverage | 13.5x | 14.2x | 7.6x | 4.2x | 3.1x |
| Returns and quality | |||||
| Return on capital | 9.8% | 14.8% | 12.5% | 7.4% | 5.2% |
| Return on equity | 12.7% | 18.5% | 14.4% | 7.8% | 4.8% |
| Piotroski F-score | 7 | 8 | 7 | 4 | 5 |
| Altman Z'' | 3.6 | 3.9 | 4.2 | 3.4 | 3.3 |
Insiders bought, 12 months
$0.5M
1 insider
Insiders sold, 12 months
$10.1M
4 insiders
Of sales under plans
0%
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Archer Daniels Midland · ADM
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
Similar companies
Each company’s latest fiscal year. Fiscal years end in different months, so periods don’t line up exactly.
| Company | Market cap | Growth | Op. margin | FCF margin | ROIC | P/E | F-score |
|---|---|---|---|---|---|---|---|
| Archer Daniels Midland ADM | $38.3B | −6.2% | — | 5.2% | 5.2% | 21.6x | 5 |
| Bunge Global BG | $20.0B | 32.4% | — | −1.3% | 6.1% | 23.8x | 4 |
| Dole DOLE | $1.3B | 8.2% | 2.4% | 0.0% | 6.3% | — | 6 |
| Ingredion INGR | $6.1B | −2.8% | 14.1% | 7.1% | 16.0% | 10.4x | 8 |
| Darling Ingredients DAR | $9.2B | 7.4% | 4.5% | 11.1% | 3.2% | 15.4x | 7 |
Price compared with profit (P/E)
How many times its yearly profit per share one share costs. Higher means investors pay more for each unit of profit.
KIRA
At $79.01 a share, the company is worth $38.3B: 21.6 times its earnings of the last four quarters.
Archer Daniels Midland grew sales faster than 0 of its 4 similar companies. Its P/E is higher than 2 of 3.
Source: SEC EDGAR XBRL filings (CIK 0000007084). Data updated October 9, 2026. For information only — not investment advice. Check the original filings before relying on any figure.