Archer-Daniels-Midland Co
ADM- Exchange
- NYSE
- Industry
- Fats & Oils
- SEC CIK
- 0000007084
In the last 90 days, Archer-Daniels-Midland Co insiders filed 2 open-market purchases and 0 sales; 1,171 institutions reported holding it in 13F filings for Q2 2026, worth $32.1B in total; superinvestors Markel Group and Soros Fund Management hold it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Nov 5, 2026, 12:02 AM ET
Revenue flow, FY2025
Where the revenue went in FY2025, from the income statement below. Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue; hover over a band or a bar for the exact amount.
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K/A | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Jan 22, 2024 | Jan 26, 2023 | Jan 25, 2022 |
| Revenue | $80.3B | $85.5B | $93.9B | $101.6B | $85.2B |
| Cost of revenue | $75.2B | $79.8B | $86.4B | $94.0B | $79.3B |
| Gross profit | $5.03B | $5.78B | $7.51B | $7.57B | $5.99B |
| Research and development | $246.0M | $269.0M | $256.0M | $216.0M | $171.0M |
| Selling, general and administrative | $3.61B | $3.71B | $3.46B | $3.36B | $2.99B |
| Interest expense | $612.0M | $706.0M | $647.0M | $396.0M | $265.0M |
| Income tax | $182.0M | $476.0M | $828.0M | $868.0M | $578.0M |
| Net income | $1.08B | $1.80B | $3.48B | $4.34B | $2.71B |
| EPS, basic | $2.23 | $3.66 | $6.44 | $7.72 | $4.80 |
| EPS, diluted | $2.23 | $3.65 | $6.43 | $7.71 | $4.79 |
| Weighted shares, basic | 484.0M | 492.0M | 541.0M | 562.0M | 564.0M |
| Weighted shares, diluted | 484.0M | 493.0M | 542.0M | 563.0M | 566.0M |
| Margins and growth | |||||
| Gross margin | 6.3% | 6.8% | 8.0% | 7.5% | 7.0% |
| Net margin | 1.3% | 2.1% | 3.7% | 4.3% | 3.2% |
| Revenue growth, year over year | −6.2% | −8.9% | −7.5% | +19.1% | +32.5% |
| Net income growth, year over year | −40.1% | −48.3% | −19.7% | +60.2% | +52.9% |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K/A | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Jan 22, 2024 | Jan 26, 2023 | Jan 25, 2022 |
| Cash and equivalents | $1.01B | $611.0M | $1.37B | $1.04B | $943.0M |
| Accounts receivable | $3.02B | $3.71B | $4.23B | $4.93B | $3.31B |
| Inventory | $10.4B | $11.6B | $12.0B | $14.8B | $14.5B |
| Total current assets | $26.7B | $27.7B | $29.8B | $35.4B | $31.9B |
| Property, plant and equipment | $11.2B | $10.8B | $10.5B | $9.93B | $9.80B |
| Goodwill | $4.77B | $4.51B | $4.10B | $4.16B | $4.18B |
| Intangible assets | $1.98B | $2.26B | $2.24B | $2.38B | $2.56B |
| Total assets | $52.4B | $53.3B | $54.6B | $59.8B | $56.1B |
| Accounts payable | $5.20B | $5.54B | $6.31B | $7.80B | $6.39B |
| Short-term debt | $798.0M | $1.90B | $105.0M | $503.0M | $958.0M |
| Total current liabilities | $19.5B | $19.9B | $18.7B | $24.2B | $21.9B |
| Long-term debt | $6.61B | $7.58B | $8.26B | $7.74B | $8.01B |
| Shareholders' equity | $22.7B | $22.2B | $24.1B | $24.3B | $22.5B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 |
| Filing | 10-K | 10-K | 10-K/A | 10-K | 10-K |
| Reported | Feb 3, 2026 | Feb 4, 2025 | Jan 22, 2024 | Jan 26, 2023 | Jan 25, 2022 |
| Operating cash flow | $5.45B | $2.79B | $4.46B | $3.48B | $6.59B |
| Capital expenditures | $1.25B | $1.56B | $1.49B | $1.32B | $1.17B |
| Free cash flow | $4.20B | $1.23B | $2.97B | $2.16B | $5.43B |
| Depreciation and amortization | $1.18B | $1.14B | $1.06B | $1.03B | $996.0M |
| Stock-based compensation | $83.0M | $74.0M | $112.0M | $147.0M | $161.0M |
| Dividends paid | $987.0M | $985.0M | $977.0M | $899.0M | $834.0M |
| Share buybacks | $0 | $2.33B | $2.67B | $1.45B | $0 |
| Investing cash flow | -$1.02B | -$2.70B | -$1.50B | -$1.40B | -$2.67B |
| Financing cash flow | -$2.89B | -$1.53B | -$4.60B | -$2.50B | -$1.12B |
| Net change in cash | $1.58B | -$1.47B | -$1.64B | -$421.0M | $2.81B |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.1% | 0.1% | 0.1% | 0.1% | 0.2% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 30, 2026 | 475.9M | −1.0% | SEC |
| Jul 30, 2026 | 482.0M | +0.3% | SEC |
| Apr 30, 2026 | 482.0M | +0.3% | SEC |
| Feb 10, 2026 | 481.2M | +0.3% | SEC |
| Oct 27, 2025 | 480.6M | +0.4% | SEC |
| Jul 28, 2025 | 480.5M | +0.5% | SEC |
| Apr 28, 2025 | 480.5M | −2.8% | SEC |
| Feb 14, 2025 | 479.7M | −5.9% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.