What is Archer Daniels Midland Company's earnings per share (EPS)?

Archer Daniels Midland Company (ADM) reported diluted earnings per share of $2.23 for fiscal year 2025. This represents a -38.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Archer Daniels Midland Company (ADM) Financials

ADM

Trailing 12 months to June 30, 2026

Revenue $82.1B -0.8% YoY

Net Income $1.8B +61.1% YoY

EPS (Diluted) $3.65 +60.8% YoY

Free Cash Flow $1.7B -59.2% YoY

Market Cap $38.8B as of Oct 20, 2026

Price / Sales 0.5x on $82.1B revenue, trailing 12 months to June 30, 2026

Price / Earnings 21.9x on $1.8B net income, trailing 12 months to June 30, 2026

Price / Book 1.6x on $23.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 20, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 4, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 4, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the ADM SEC filings page.

Archer Daniels Midland Company (ADM) reported $82.1B in revenue over the twelve months to Jun 30, 2026, down 0.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI ADM FY2025 2026-10-03

ADM’s recent earnings weakened as sales and margins fell, but FY2025’s cash generation rebounded through working-capital release and lower investment.

In FY2025, net income was $1.1B while operating cash flow reached $5.5B, an unusually wide gap that points to balance-sheet cash release rather than current-period profit driving cash. Free cash flow margin rose from 1.4% in FY2024 to 5.2% in FY2025 even as revenue declined, so the cash rebound came from less cash tied up in operations and capital spending—not a return to prior earnings power.

Gross margin compressed from 8.0% in FY2023 to 6.3% in FY2025, indicating less favorable economics per sales dollar. Net margin reached 1.3% in FY2025, so the earnings decline was amplified below gross profit rather than explained by revenue volume alone.

Long-term debt fell from $7.6B in FY2024 to $6.6B in FY2025, reducing balance-sheet dependence on borrowing. Yet the current ratio fell from 1.6x in FY2023 to 1.4x in FY2025, meaning the short-term cushion narrowed even as debt declined.

Financial Health Signals

Financial Health Score 26/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Archer Daniels Midland Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Not available for Archer Daniels Midland Company, and counted as zero in the overall score.

Growth

Archer Daniels Midland Company's revenue declined 6.2% year-over-year, from $85.5B to $80.3B. This contraction results in a growth score of 12/100.

Leverage

Archer Daniels Midland Company carries a low D/E ratio of 0.29, meaning only $0.29 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 70/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

Archer Daniels Midland Company's current ratio of 1.37 indicates adequate short-term liquidity, earning a score of 36/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

Archer Daniels Midland Company has a free cash flow margin of 5.2%, earning a moderate score of 39/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

Not available for Archer Daniels Midland Company, and counted as zero in the overall score.

Piotroski F-Score Neutral

4/9

Archer Daniels Midland Company passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

5.06x

For every $1 of reported earnings, Archer Daniels Midland Company generates $5.06 in operating cash flow ($5.5B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$22.7B

YoY+7.2%

QoQ+10.7%

5Y CAGR-0.2%

10Y CAGR+3.8%

Archer Daniels Midland Company generated $22.7B in revenue in Q2 2026. This represents an increase of 7.2% from the same quarter a year earlier. Against the prior quarter it is up 10.7%.

Net Income

$908.0M

YoY+314.6%

QoQ+204.7%

5Y CAGR+5.0%

10Y CAGR+12.3%

Archer Daniels Midland Company reported $908.0M in net income in Q2 2026. This represents an increase of 314.6% from the same quarter a year earlier. Against the prior quarter it is up 204.7%.

EPS (Diluted)

$1.87

YoY+315.6%

QoQ+201.6%

5Y CAGR+8.2%

10Y CAGR+14.6%

Archer Daniels Midland Company earned $1.87 per diluted share (EPS) in Q2 2026. This represents an increase of 315.6% from the same quarter a year earlier. Against the prior quarter it is up 201.6%.

EBITDA

Not reported for Q2 2026.

Cash & Balance Sheet

Free Cash Flow

$877.0M

YoY-78.0%

QoQ+2093.2%

5Y CAGR-18.6%

Archer Daniels Midland Company generated $877.0M in free cash flow in Q2 2026, representing cash available after capex. This represents a decrease of 78.0% from the same quarter a year earlier. Against the prior quarter it is up 2093.2%.

Cash & Debt

$1.1B

YoY+0.3%

QoQ+79.4%

5Y CAGR+4.1%

10Y CAGR+12.2%

Archer Daniels Midland Company held $1.1B in cash against $6.5B in long-term debt as of Q2 2026.

Dividends Per Share

$0.52

YoY+2.0%

QoQ0.0%

5Y CAGR+7.0%

10Y CAGR+5.7%

Archer Daniels Midland Company paid $0.52 per share in dividends in Q2 2026. This represents an increase of 2.0% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

482M

YoY+0.3%

QoQ0.0%

5Y CAGR-2.9%

10Y CAGR-1.9%

Archer Daniels Midland Company had 482M shares outstanding in Q2 2026. This represents an increase of 0.3% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

8.5%

YoY+2.1pp

QoQ+2.6pp

5Y change+2.2pp

10Y change+3.8pp

Archer Daniels Midland Company's gross margin was 8.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 2.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.

Net Margin

4.0%

YoY+3.0pp

QoQ+2.6pp

5Y change+0.9pp

10Y change+2.2pp

Archer Daniels Midland Company's net profit margin was 4.0% in Q2 2026, showing the share of revenue converted to profit. This is up 3.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.6 percentage points.

Return on Equity

3.9%

YoY+2.9pp

QoQ+2.5pp

5Y change+0.5pp

10Y change+2.2pp

Archer Daniels Midland Company's ROE was 3.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 2.9 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.5 percentage points.

Operating Margin

Not reported for Q2 2026.

Capital Allocation

Capital Expenditures

$272.0M

YoY-10.8%

QoQ+40.2%

5Y CAGR+1.5%

10Y CAGR+2.3%

Archer Daniels Midland Company invested $272.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 10.8% from the same quarter a year earlier. Against the prior quarter it is up 40.2%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

ADM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ADM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$82.1B	$80.3B-6.2%	$85.5B-8.9%	$93.9B-7.5%	$101.6B+19.1%	$85.2B+32.5%	$64.4B-0.5%	$64.7B+0.5%	$64.3B+5.8%	$60.8B-2.4%	$62.3B-7.9%	$67.7B-16.6%	$81.2B-9.6%	$89.8B-0.8%	$90.6B+12.3%	$80.7B
Cost of Revenue	$76.5B	$75.2B-5.7%	$79.8B-7.7%	$86.4B-8.0%	$94.0B+18.6%	$79.3B+32.3%	$59.9B-1.0%	$60.5B+0.6%	$60.2B+5.0%	$57.3B-2.4%	$58.7B-7.9%	$63.7B-16.6%	$76.4B-11.0%	$85.9B-1.2%	$86.9B+13.8%	$76.4B
Gross Profit	$5.6B	$5.0B-12.9%	$5.8B-23.1%	$7.5B-0.8%	$7.6B+26.4%	$6.0B+34.4%	$4.5B+7.4%	$4.1B-0.8%	$4.2B+18.8%	$3.5B-2.8%	$3.6B-8.8%	$4.0B-16.8%	$4.8B+22.6%	$3.9B+7.3%	$3.6B-15.7%	$4.3B
R&D Expenses	N/A	$246.0M-8.6%	$269.0M+5.1%	$256.0M+18.5%	$216.0M+26.3%	$171.0M+6.9%	$160.0M+3.9%	$154.0M+9.2%	$141.0M+9.3%	$129.0M+4.9%	$123.0M+0.8%	$122.0M+54.4%	$79.0M+33.9%	$59.0M+7.3%	$55.0M-8.3%	$60.0M
SG&A Expenses	$3.8B	$3.6B-2.6%	$3.7B+7.2%	$3.5B+2.9%	$3.4B+12.2%	$3.0B+11.4%	$2.7B+7.8%	$2.5B+15.2%	$2.2B+9.5%	$2.0B-0.2%	$2.0B-0.2%	$2.0B+2.7%	$1.9B+9.9%	$1.8B+5.6%	$1.7B+3.4%	$1.6B
Interest Expense	$592.0M	$612.0M-13.3%	$706.0M+9.1%	$647.0M+63.4%	$396.0M+49.4%	$265.0M-21.8%	$339.0M-15.7%	$402.0M+10.4%	$364.0M+10.3%	$330.0M+12.6%	$293.0M-4.9%	$308.0M-8.6%	$337.0M-18.4%	$413.0M-7.2%	$445.0M-7.7%	$482.0M
Income Tax	$316.0M	$182.0M-61.8%	$476.0M-42.5%	$828.0M-4.6%	$868.0M+50.2%	$578.0M+472.3%	$101.0M-51.7%	$209.0M-14.7%	$245.0M+3400.0%	$7.0M-98.7%	$534.0M+21.9%	$438.0M-50.1%	$877.0M+30.9%	$670.0M+13.8%	$589.0M-40.9%	$997.0M
Net Income	$1.8B	$1.1B-40.1%	$1.8B-48.3%	$3.5B-19.7%	$4.3B+60.2%	$2.7B+52.9%	$1.8B+28.5%	$1.4B-23.8%	$1.8B+13.5%	$1.6B+24.7%	$1.3B-30.8%	$1.8B-17.7%	$2.2B+67.5%	$1.3B-2.4%	$1.4B-32.5%	$2.0B
EPS (Basic)	N/A	$2.23-39.1%	$3.66-43.2%	$6.44-16.6%	$7.72+60.8%	$4.80+51.9%	$3.16+29.0%	$2.45-23.7%	$3.21+14.6%	$2.80+28.4%	$2.18-27.1%	$2.99-13.1%	$3.44+69.5%	$2.03-2.4%	$2.08-34.4%	$3.17
EPS (Diluted)	$3.65	$2.23-38.9%	$3.65-43.2%	$6.43-16.6%	$7.71+61.0%	$4.79+52.1%	$3.15+29.1%	$2.44-23.5%	$3.19+14.3%	$2.79+29.2%	$2.16-27.5%	$2.98-13.1%	$3.43+69.8%	$2.02-2.9%	$2.08-33.5%	$3.13
Diluted Shares (Avg)	N/A	484M-1.8%	493M-9.0%	542M-3.7%	563M-0.5%	566M+0.2%	565M0.0%	565M-0.4%	567M-0.9%	572M-3.2%	591M-4.8%	621M-5.3%	656M-1.1%	663M+0.2%	662M+1.2%	654M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$22.7B+7.2%	$20.5B+1.6%	$18.6B-13.7%	$20.4B+2.2%	$21.2B-4.9%	$20.2B-7.7%	$21.5B-6.4%	$19.9B-8.1%
Cost of Revenue	$20.7B+4.8%	$19.3B+1.4%	$17.3B-13.9%	$19.1B+2.9%	$19.8B-5.1%	$19.0B-5.9%	$20.1B	$18.6B-6.6%
Gross Profit	$1.9B+41.2%	$1.2B+3.6%	$1.2B-10.7%	$1.3B-7.0%	$1.4B-1.9%	$1.2B-28.9%	$1.4B-22.0%	$1.4B-24.6%
SG&A Expenses	$1.0B+12.6%	$961.0M+3.1%	$893.0M-5.3%	$873.0M-3.5%	$911.0M+0.4%	$932.0M-2.0%	$943.0M	$905.0M+11.0%
Interest Expense	$148.0M-6.9%	$149.0M-5.7%	$142.0M-20.7%	$153.0M-12.1%	$159.0M-15.0%	$158.0M-4.8%	$179.0M	$174.0M+12.3%
Income Tax	$176.0M+183.9%	$81.0M+32.8%	$22.0M-79.0%	$37.0M-58.9%	$62.0M-46.1%	$61.0M-63.3%	$105.0M	$90.0M-56.5%
Net Income	$908.0M+314.6%	$298.0M+1.0%	$456.0M-19.6%	$108.0M+500.0%	$219.0M-54.9%	$295.0M-59.5%	$567.0M+0.4%	$18.0M-97.8%
EPS (Basic)	$1.87+315.6%	$0.62+1.6%	$0.94-19.7%	$0.22+450.0%	$0.45-54.5%	$0.61-57.0%	$1.17+9.3%	$0.04-97.4%
EPS (Diluted)	$1.87+315.6%	$0.62+1.6%	$0.94-19.7%	$0.22+450.0%	$0.45-54.1%	$0.61-57.0%	$1.17+10.4%	$0.04-97.4%
Diluted Shares (Avg)	485M+0.2%	484M+0.2%	N/A	484M+0.2%	484M-1.8%	483M-6.0%	N/A	483M-10.6%

Not reported in any period shown, so not listed: R&D Expenses, Operating Income, EBITDA.

ADM Balance Sheet

ADM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$52.4B-1.7%	$53.3B-2.5%	$54.6B-8.6%	$59.8B+6.5%	$56.1B+12.9%	$49.7B+13.0%	$44.0B+7.7%	$40.8B+2.2%	$40.0B+0.5%	$39.8B-1.0%	$40.2B-8.7%	$44.0B+0.6%	$43.8B-3.1%	$45.1B+6.6%	$42.4B
Current Assets	$26.7B-3.8%	$27.7B-6.9%	$29.8B-15.9%	$35.4B+11.0%	$31.9B+16.9%	$27.3B+27.8%	$21.3B+3.7%	$20.6B+3.3%	$19.9B-5.3%	$21.0B-3.6%	$21.8B-16.1%	$26.0B-8.8%	$28.5B-4.1%	$29.8B+8.2%	$27.5B
Cash & Equivalents	$1.0B+66.1%	$611.0M-55.3%	$1.4B+31.9%	$1.0B+10.0%	$943.0M+41.6%	$666.0M-21.8%	$852.0M-57.3%	$2.0B+148.4%	$804.0M+29.9%	$619.0M-32.0%	$910.0M-17.2%	$1.1B-64.8%	$3.1B+82.1%	$1.7B+178.7%	$615.0M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0-100.0%	$6.0M	$0-100.0%	$296.0M-32.4%	$438.0M-15.0%	$515.0M+18.9%	$433.0M-24.8%	$576.0M-22.1%	$739.0M
Inventory	$10.4B-10.4%	$11.6B-3.2%	$12.0B-19.1%	$14.8B+2.0%	$14.5B+23.6%	$11.7B+27.7%	$9.2B+4.1%	$8.8B-3.9%	$9.2B+3.9%	$8.8B+7.1%	$8.2B-12.1%	$9.4B-18.1%	$11.4B-17.3%	$13.8B	N/A
Accounts Receivable	$3.0B-18.5%	$3.7B-12.4%	$4.2B-14.1%	$4.9B+48.8%	$3.3B+18.5%	$2.8B+23.2%	$2.3B+1.5%	$2.2B+14.7%	$1.9B+2.2%	$1.9B+9.6%	$1.7B-35.7%	$2.7B-16.1%	$3.2B-6.6%	$3.5B-28.2%	$4.8B
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0-100.0%	$7.0M-92.4%	$92.0M-50.8%	$187.0M-57.4%	$439.0M-9.5%	$485.0M-4.5%	$508.0M-29.1%	$717.0M+7.7%	$666.0M
Goodwill	$4.8B+5.8%	$4.5B+9.9%	$4.1B-1.4%	$4.2B-0.5%	$4.2B+21.2%	$3.5B+1.9%	$3.4B+35.6%	$2.5B+5.1%	$2.4B+5.7%	$2.2B+2.8%	$2.2B+8.7%	$2.0B+257.7%	$562.0M+2.0%	$551.0M-8.5%	$602.0M
Total Liabilities	$29.6B-4.6%	$31.1B+2.0%	$30.5B-14.0%	$35.5B+5.4%	$33.6B+13.2%	$29.7B+19.9%	$24.8B+13.4%	$21.8B+0.9%	$21.6B-4.2%	$22.6B+1.6%	$22.2B-8.7%	$24.4B+3.4%	$23.6B-9.4%	$26.0B+10.6%	$23.5B
Current Liabilities	$19.5B-2.0%	$19.9B+6.8%	$18.7B-22.9%	$24.2B+10.2%	$21.9B+20.7%	$18.2B+32.4%	$13.7B+16.6%	$11.8B-6.3%	$12.6B-4.6%	$13.2B-2.5%	$13.5B-13.4%	$15.6B-0.4%	$15.7B-7.9%	$17.0B+28.6%	$13.2B
Non-Current Liabilities	$9.8B-9.9%	$10.9B-5.2%	$11.5B+4.9%	$11.0B-4.0%	$11.4B-0.2%	$11.4B+4.2%	$11.0B+9.7%	$10.0B+11.0%	$9.0B-4.0%	$9.4B+7.5%	$8.7B-0.3%	$8.8B+10.9%	$7.9B-12.3%	$9.0B-12.5%	$10.3B
Long-Term Debt	$6.6B-12.8%	$7.6B-8.2%	$8.3B+6.8%	$7.7B-3.4%	$8.0B+1.6%	$7.9B+2.8%	$7.7B-0.3%	$7.7B+16.2%	$6.6B+1.8%	$6.5B+12.5%	$5.8B+4.5%	$5.5B+3.4%	$5.3B-17.2%	$6.5B-21.9%	$8.3B
Total Equity	$22.7B+2.5%	$22.2B-8.1%	$24.1B-0.7%	$24.3B+8.0%	$22.5B+12.4%	$20.0B+4.1%	$19.2B+1.2%	$19.0B+3.7%	$18.3B+6.6%	$17.2B-4.1%	$17.9B-8.7%	$19.6B-2.8%	$20.2B+5.6%	$19.1B+1.6%	$18.8B
Retained Earnings	$22.0B+0.2%	$21.9B-6.5%	$23.5B-0.8%	$23.6B+9.2%	$21.7B+9.5%	$19.8B+4.3%	$19.0B+2.3%	$18.5B+5.6%	$17.6B+0.6%	$17.4B+3.4%	$16.9B+7.4%	$15.7B+11.5%	$14.1B+6.4%	$13.2B+10.3%	$12.0B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$53.5B+2.9%	$55.6B+4.1%	$52.4B-1.7%	$51.9B-0.5%	$52.0B-1.3%	$53.4B-2.6%	$53.3B-2.5%	$52.2B-5.3%
Current Assets	$27.8B+5.7%	$30.0B+7.6%	$26.7B-3.8%	$26.4B-0.7%	$26.3B-2.5%	$27.9B-3.9%	$27.7B-6.9%	$26.6B-12.8%
Cash & Equivalents	$1.1B+0.3%	$591.0M-31.6%	$1.0B+66.1%	$1.2B+57.5%	$1.1B+38.4%	$864.0M+4.1%	$611.0M-55.3%	$784.0M-47.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$10.6B+8.9%	$11.7B+1.7%	$10.4B-10.4%	$8.7B-19.0%	$9.7B-6.9%	$11.6B-0.7%	$11.6B-3.2%	$10.7B-4.3%
Accounts Receivable	$3.3B-8.7%	$3.7B-16.2%	$3.0B-18.5%	$3.6B-3.6%	$3.7B-16.3%	$4.4B+5.8%	$3.7B-12.4%	$3.8B-15.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$4.7B-2.4%	$4.7B+0.7%	$4.8B+5.8%	$4.8B	$4.8B	$4.6B	$4.5B+9.9%	N/A
Total Liabilities	$29.9B+1.3%	$32.8B+4.8%	$29.6B-4.6%	$29.4B-2.6%	$29.6B-3.2%	$31.3B-1.0%	$31.1B+2.0%	$30.2B+1.3%
Current Liabilities	$20.0B+8.3%	$22.9B+13.4%	$19.5B-2.0%	$19.3B+1.4%	$18.5B-1.1%	$20.2B+2.2%	$19.9B+6.8%	$19.0B+5.0%
Non-Current Liabilities	$9.6B-11.0%	$9.6B-11.4%	$9.8B-9.9%	$9.9B-9.4%	$10.8B-6.2%	$10.8B-6.2%	$10.9B-5.2%	$10.9B-4.2%
Long-Term Debt	$6.5B-15.2%	$6.5B-15.0%	$6.6B-12.8%	$6.6B-12.8%	$7.6B-7.8%	$7.6B-7.9%	$7.6B-8.2%	$7.6B-7.9%
Total Equity	$23.6B+5.1%	$22.8B+3.1%	$22.7B+2.5%	$22.5B+2.4%	$22.4B+1.3%	$22.1B-4.8%	$22.2B-8.1%	$22.0B-13.0%
Retained Earnings	$22.7B+3.3%	$22.0B+0.2%	$22.0B+0.2%	$21.8B+1.0%	$22.0B+0.6%	$22.0B-4.7%	$21.9B-6.5%	$21.6B-12.5%

ADM Cash Flow Statement

ADM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$2.8B	$5.5B+95.4%	$2.8B-37.4%	$4.5B+28.2%	$3.5B-47.3%	$6.6B+376.4%	-$2.4B+56.2%	-$5.5B-14.0%	-$4.8B+19.8%	-$6.0B+8.3%	-$6.5B-481.7%	$1.7B-65.5%	$4.9B-5.4%	$5.2B+124.1%	$2.3B+199.7%	-$2.3B
Depreciation & Amortization	N/A	$1.2B+3.5%	$1.1B+7.7%	$1.1B+3.0%	$1.0B+3.2%	$996.0M+2.0%	$976.0M-1.7%	$993.0M+5.5%	$941.0M+1.8%	$924.0M+2.7%	$900.0M+2.0%	$882.0M-1.3%	$894.0M-1.7%	$909.0M+4.6%	$869.0M-0.9%	$877.0M
Stock-Based Compensation	N/A	$83.0M+12.2%	$74.0M-33.9%	$112.0M-23.8%	$147.0M-8.7%	$161.0M+6.6%	$151.0M+69.7%	$89.0M-18.3%	$109.0M+65.2%	$66.0M-10.8%	$74.0M-6.3%	$79.0M+43.6%	$55.0M+27.9%	$43.0M-2.3%	$44.0M-6.4%	$47.0M
Capital Expenditures	$1.1B	$1.2B-20.2%	$1.6B+4.6%	$1.5B+13.3%	$1.3B+12.8%	$1.2B+42.0%	$823.0M-0.6%	$828.0M-1.7%	$842.0M-19.7%	$1.0B+18.9%	$882.0M-21.6%	$1.1B+25.8%	$894.0M-2.1%	$913.0M-26.4%	$1.2B-0.6%	$1.2B
Free Cash Flow	$1.7B	$4.2B+242.6%	$1.2B-58.6%	$3.0B+37.4%	$2.2B-60.2%	$5.4B+269.1%	-$3.2B+48.9%	-$6.3B-11.6%	-$5.6B+19.8%	-$7.0B+5.1%	-$7.4B-1374.1%	$580.0M-85.7%	$4.0B-6.1%	$4.3B+295.0%	$1.1B+130.4%	-$3.6B
Investing Cash Flow	-$999.0M	-$1.0B+62.4%	-$2.7B-80.6%	-$1.5B-6.9%	-$1.4B+47.5%	-$2.7B-159.8%	$4.5B-15.1%	$5.3B-20.1%	$6.6B-9.7%	$7.3B+6.4%	$6.9B+32728.6%	-$21.0M+99.4%	-$3.4B-490.5%	-$577.0M+50.3%	-$1.2B+30.7%	-$1.7B
Financing Cash Flow	-$2.3B	-$2.9B-88.7%	-$1.5B+66.8%	-$4.6B-84.2%	-$2.5B-123.5%	-$1.1B-164.3%	-$423.0M+35.9%	-$660.0M-452.9%	$187.0M+118.2%	-$1.0B-77.5%	-$579.0M+78.1%	-$2.6B+25.9%	-$3.6B-10.3%	-$3.2B-910.0%	-$321.0M-109.0%	$3.6B
Dividends Paid	$1.0B	$987.0M+0.2%	$985.0M+0.8%	$977.0M+8.7%	$899.0M+7.8%	$834.0M+3.1%	$809.0M+2.5%	$789.0M+4.1%	$758.0M+3.8%	$730.0M+4.1%	$701.0M+2.0%	$687.0M+10.1%	$624.0M+24.6%	$501.0M+8.7%	$461.0M+16.7%	$395.0M
Share Buybacks	N/A	$0-100.0%	$2.3B-12.9%	$2.7B+84.3%	$1.4B	$0-100.0%	$133.0M-11.3%	$150.0M+94.8%	$77.0M-89.7%	$750.0M-25.0%	$1.0B-51.0%	$2.0B+72.4%	$1.2B+1071.3%	$101.0M+1.0%	$100.0M-66.8%	$301.0M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$1.1B-73.3%	$150.0M+143.9%	-$313.0M-197.2%	$1.8B+39.2%	$4.3B+818.4%	-$342.0M-148.9%	$322.0M-87.5%	$1.3B+31.0%
Depreciation & Amortization	$233.0M+2.2%	$293.0M+2.1%	$307.0M+7.0%	$234.0M+5.9%	$228.0M+4.6%	$287.0M+2.5%	$287.0M+3.6%	$221.0M-15.3%
Stock-Based Compensation	N/A	$64.0M+28.0%	N/A	N/A	N/A	$50.0M-24.2%	N/A	N/A
Capital Expenditures	$272.0M-10.8%	$194.0M-33.3%	$356.0M-27.6%	$296.0M-22.3%	$305.0M-15.7%	$291.0M-11.3%	$492.0M+12.1%	$381.0M-13.6%
Free Cash Flow	$877.0M-78.0%	-$44.0M+93.0%	-$669.0M-293.5%	$1.5B+64.6%	$4.0B+3667.0%	-$633.0M-270.2%	-$170.0M-108.0%	$919.0M+66.8%
Investing Cash Flow	-$245.0M+6.5%	-$128.0M+0.8%	-$373.0M+46.7%	-$253.0M+35.1%	-$262.0M+31.4%	-$129.0M+89.5%	-$700.0M-60.9%	-$390.0M+13.3%
Financing Cash Flow	-$1.6B+27.7%	$612.0M+4.3%	$310.0M+576.9%	-$1.6B-101.2%	-$2.2B-228.7%	$587.0M+29450.0%	-$65.0M+96.4%	-$804.0M-20.2%
Dividends Paid	$256.0M+3.2%	$254.0M+2.8%	$244.0M+1.2%	$248.0M+2.9%	$248.0M+0.8%	$247.0M-3.9%	$241.0M+0.8%	$241.0M-1.2%
Share Buybacks	N/A	N/A	$0	$0	$0-100.0%	$0-100.0%	$0-100.0%	$0-100.0%

ADM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

ADM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	6.3%-0.5pp	6.8%-1.2pp	8.0%+0.6pp	7.4%+0.4pp	7.0%+0.1pp	6.9%+0.5pp	6.4%-0.1pp	6.5%+0.7pp	5.8%0.0pp	5.8%-0.1pp	5.9%0.0pp	5.9%+1.5pp	4.3%+0.3pp	4.0%-1.3pp	5.3%
Net Margin	1.3%-0.8pp	2.1%-1.6pp	3.7%-0.6pp	4.3%+1.1pp	3.2%+0.4pp	2.8%+0.6pp	2.1%-0.7pp	2.8%+0.2pp	2.6%+0.6pp	2.1%-0.7pp	2.7%0.0pp	2.8%+1.3pp	1.5%0.0pp	1.5%-1.0pp	2.5%
Return on Equity	4.7%-3.4pp	8.1%-6.3pp	14.4%-3.4pp	17.8%+5.8pp	12.0%+3.2pp	8.8%+1.7pp	7.2%-2.4pp	9.5%+0.8pp	8.7%+1.3pp	7.4%-2.9pp	10.3%-1.1pp	11.5%+4.8pp	6.7%-0.5pp	7.2%-3.6pp	10.8%
Return on Assets	2.1%-1.3pp	3.4%-3.0pp	6.4%-0.9pp	7.3%+2.4pp	4.8%+1.3pp	3.6%+0.4pp	3.1%-1.3pp	4.4%+0.4pp	4.0%+0.8pp	3.2%-1.4pp	4.6%-0.5pp	5.1%+2.0pp	3.1%0.0pp	3.0%-1.8pp	4.8%
Current Ratio	1.370.0x	1.39-0.2x	1.60+0.1x	1.460.0x	1.450.0x	1.50-0.1x	1.55-0.2x	1.75+0.2x	1.590.0x	1.600.0x	1.62-0.1x	1.67-0.2x	1.82+0.1x	1.75-0.3x	2.08
Debt-to-Equity	0.29-0.1x	0.340.0x	0.340.0x	0.320.0x	0.360.0x	0.390.0x	0.400.0x	0.410.0x	0.360.0x	0.38+0.1x	0.320.0x	0.280.0x	0.26-0.1x	0.34-0.1x	0.44
Asset Turnover	1.53-0.1x	1.61-0.1x	1.720.0x	1.70+0.2x	1.52+0.2x	1.29-0.2x	1.47-0.1x	1.58+0.1x	1.520.0x	1.57-0.1x	1.69-0.2x	1.85-0.2x	2.050.0x	2.01+0.1x	1.90
FCF Margin	5.2%+3.8pp	1.4%-1.7pp	3.2%+1.0pp	2.1%-4.2pp	6.4%+11.3pp	-5.0%+4.7pp	-9.7%-1.0pp	-8.7%+2.8pp	-11.5%+0.3pp	-11.8%-12.7pp	0.9%-4.1pp	5.0%+0.2pp	4.8%+3.6pp	1.2%+5.7pp	-4.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	8.5%+2.1pp	6.0%+0.1pp	6.5%+0.2pp	6.2%-0.6pp	6.5%+0.2pp	5.9%-1.7pp	6.3%-1.2pp	6.9%-1.5pp
Net Margin	4.0%+3.0pp	1.5%0.0pp	2.5%-0.2pp	0.5%+0.4pp	1.0%-1.1pp	1.5%-1.9pp	2.6%+0.2pp	0.1%-3.7pp
Return on Equity	3.9%+2.9pp	1.3%0.0pp	2.0%-0.6pp	0.5%+0.4pp	1.0%-1.2pp	1.3%-1.8pp	2.6%+0.2pp	0.1%-3.2pp
Return on Assets	1.7%+1.3pp	0.5%0.0pp	0.9%-0.2pp	0.2%+0.2pp	0.4%-0.5pp	0.5%-0.8pp	1.1%0.0pp	0.0%-1.5pp
Current Ratio	1.390.0x	1.31-0.1x	1.370.0x	1.370.0x	1.420.0x	1.38-0.1x	1.39-0.2x	1.40-0.3x
Debt-to-Equity	0.27-0.1x	0.28-0.1x	0.29-0.1x	0.29-0.1x	0.340.0x	0.340.0x	0.340.0x	0.340.0x
Asset Turnover	0.420.0x	0.370.0x	0.350.0x	0.390.0x	0.410.0x	0.380.0x	0.400.0x	0.380.0x
FCF Margin	3.9%-15.0pp	-0.2%+2.9pp	-3.6%-2.8pp	7.4%+2.8pp	18.9%+18.4pp	-3.1%-4.8pp	-0.8%-10.1pp	4.6%+2.1pp

Not reported in any period shown, so not listed: Operating Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Archer Daniels Midland Company ADM	FY2025	$80.3B	$1.1B	1.3%	$38.8B	26/100
Tyson Foods, Inc. TSN	FY2025	$54.4B	$474.0M	0.9%	$19.0B	35/100
Bunge Global SA BG	FY2025	$70.3B	$816.0M	1.2%	$19.8B	32/100
Cal-Maine Foods Inc CALM	FY2026	$2.9B	$316.7M	10.9%	$2.9B	79/100
Vital Farms, Inc. VITL	FY2025	$759.4M	$66.3M	8.7%	$350.3M	68/100
The Estee Lauder Companies Inc. EL	FY2026	$15.0B	$182.0M	1.2%	$38.3B	36/100

Where Archer Daniels Midland Company Ranks

Frequently Asked Questions

What is Archer Daniels Midland Company's annual revenue?

Archer Daniels Midland Company (ADM) reported $80.3B in total revenue for fiscal year 2025. This represents a -6.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Archer Daniels Midland Company's revenue growing?

Archer Daniels Midland Company (ADM) revenue declined by 6.2% year-over-year, from $85.5B to $80.3B in fiscal year 2025.

Is Archer Daniels Midland Company profitable?

Yes, Archer Daniels Midland Company (ADM) reported a net income of $1.1B in fiscal year 2025, with a net profit margin of 1.3%.

How much debt does Archer Daniels Midland Company have?

As of fiscal year 2025, Archer Daniels Midland Company (ADM) had $1.0B in cash and equivalents against $6.6B in long-term debt.

What is Archer Daniels Midland Company's gross margin?

Archer Daniels Midland Company (ADM) had a gross margin of 6.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Archer Daniels Midland Company's net profit margin?

Archer Daniels Midland Company (ADM) had a net profit margin of 1.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Archer Daniels Midland Company pay dividends?

Yes, Archer Daniels Midland Company (ADM) paid $2.04 per share in dividends during fiscal year 2025.

What is Archer Daniels Midland Company's return on equity (ROE)?

Archer Daniels Midland Company (ADM) has a return on equity of 4.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Archer Daniels Midland Company's free cash flow?

Archer Daniels Midland Company (ADM) generated $4.2B in free cash flow during fiscal year 2025. This represents a 242.6% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Archer Daniels Midland Company's operating cash flow?

Archer Daniels Midland Company (ADM) generated $5.5B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Archer Daniels Midland Company's total assets?

Archer Daniels Midland Company (ADM) had $52.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Archer Daniels Midland Company's capital expenditures?

Archer Daniels Midland Company (ADM) invested $1.2B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Archer Daniels Midland Company spend on research and development?

Archer Daniels Midland Company (ADM) invested $246.0M in research and development during fiscal year 2025.

How many shares does Archer Daniels Midland Company have outstanding?

Archer Daniels Midland Company (ADM) had 481M shares outstanding as of fiscal year 2025.

What is Archer Daniels Midland Company's current ratio?

Archer Daniels Midland Company (ADM) had a current ratio of 1.37 as of fiscal year 2025, which is considered adequate.

What is Archer Daniels Midland Company's debt-to-equity ratio?

Archer Daniels Midland Company (ADM) had a debt-to-equity ratio of 0.29 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Archer Daniels Midland Company's return on assets (ROA)?

Archer Daniels Midland Company (ADM) had a return on assets of 2.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Archer Daniels Midland Company's P/E ratio?

Archer Daniels Midland Company (ADM) trades at 21.9x earnings, its market capitalization divided by net income of $1.8B net income, trailing 12 months to June 30, 2026. The market capitalization is $38.8B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Archer Daniels Midland Company's price-to-sales ratio?

Archer Daniels Midland Company (ADM) trades at 0.5x sales, its market capitalization divided by revenue of $82.1B revenue, trailing 12 months to June 30, 2026. The market capitalization is $38.8B as of Oct 20, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Archer Daniels Midland Company's Piotroski F-Score?

Archer Daniels Midland Company (ADM) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Archer Daniels Midland Company's earnings high quality?

Archer Daniels Midland Company (ADM) has an earnings quality ratio of 5.06x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Archer Daniels Midland Company?

Archer Daniels Midland Company (ADM) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.