Archer-Daniels-Midland Co
ADM· NYSE· Fats & Oils
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 16.8%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- -17.3%
We record prices for the companies we cover; ADM is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 484.0M
- Revenue
- $25.0B
- Free cash flow
- $4.2B
- Owner earnings
- $4.1B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- 20.2%
- Operating
- –
- Net
- 4.3%
- Free cash flow
- 16.8%
- Owner earnings
- 16.5%
- Stock pay
- 0.3%
Returns
- ROIC, FY2025
- –
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 4.7%
- ROE, 5 yr avg
- 11.4%
Growth (CAGR)
- Revenue, 3 yr
- -3.3%
- Revenue, 5 yr
- -17.3%
- Revenue, 9 yr
- -9.7%
- Diluted EPS, 3 yr
- -33.9%
- Diluted EPS, 5 yr
- -6.7%
- Diluted EPS, 9 yr
- 0.4%
- Free cash flow, 3 yr
- 24.9%
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $1.0B
- Total debt
- $8.4B
- Net debt
- $7.4B
- Debt/Equity
- 0.4x
- Debt/FCF
- 2.0x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 91.6%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -3.0%
Financials: ten years from the 10-Ks
Revenue
$25.0B
-9.7% a year over 9 years
FY2016FY2025
Margins
Gross20.2%Net4.3%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$4.2BOwner earnings$4.1B
FY2025
FY2016FY2025
Diluted shares
484.0M
-18.1% over 9 years, net buybacks
FY2016FY2025
Net debt (below zero)
-$7.4B
$7.4B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $62.3B | $60.8B | $64.3B | $64.7B | $64.4B | $85.2B | $27.6B | $25.7B | $24.4B | $25.0B |
| Revenue growth | -7.9% | -2.4% | 5.8% | 0.5% | -0.5% | 32.5% | -67.6% | -6.9% | -5.1% | 2.4% |
| Gross margin | 5.8% | 5.8% | 6.5% | 6.4% | 6.9% | 7.0% | 27.4% | 29.2% | 23.7% | 20.2% |
| Operating margin | – | – | – | – | – | – | – | – | – | – |
| Net income | $1.3B | $1.6B | $1.8B | $1.4B | $1.8B | $2.7B | $4.3B | $3.5B | $1.8B | $1.1B |
| Net margin | 2.1% | 2.6% | 2.8% | 2.1% | 2.8% | 3.2% | 15.7% | 13.6% | 7.4% | 4.3% |
| Diluted EPS | $2.16 | $2.79 | $3.19 | $2.44 | $3.15 | $4.79 | $7.71 | $6.43 | $3.65 | $2.23 |
| Return on invested capital? | – | – | – | – | – | – | – | – | – | – |
| Cash | ||||||||||
| Operating cash flow | -$6.5B | -$6.0B | -$4.8B | -$5.5B | -$2.4B | $6.6B | $3.5B | $4.5B | $2.8B | $5.5B |
| Capital expenditure | $882.0M | $1.0B | $842.0M | $828.0M | $823.0M | $1.2B | $1.3B | $1.5B | $1.6B | $1.2B |
| Free cash flow | -$7.4B | -$7.0B | -$5.6B | -$6.3B | -$3.2B | $5.4B | $2.2B | $3.0B | $1.2B | $4.2B |
| Stock-based compensation | $74.0M | $66.0M | $109.0M | $89.0M | $151.0M | $161.0M | $147.0M | $112.0M | $74.0M | $83.0M |
| Owner earnings? | -$7.5B | -$7.1B | -$5.7B | -$6.4B | -$3.4B | $5.3B | $2.0B | $2.9B | $1.2B | $4.1B |
| Free cash flow per share | $-12.50 | $-12.26 | $-9.92 | $-11.12 | $-5.68 | $9.59 | $3.83 | $5.47 | $2.49 | $8.69 |
| Capital allocation | ||||||||||
| Dividends paid | $701.0M | $730.0M | $758.0M | $789.0M | $809.0M | $834.0M | $899.0M | $977.0M | $985.0M | $987.0M |
| Share repurchases | $1.0B | $750.0M | $77.0M | $150.0M | $133.0M | $0 | $1.4B | $2.7B | $2.3B | $0 |
| Diluted shares | 591.0M | 572.0M | 567.0M | 565.0M | 565.0M | 566.0M | 563.0M | 542.0M | 493.0M | 484.0M |
| Share count change? | -4.8% | -3.2% | -0.9% | -0.4% | 0.0% | 0.2% | -0.5% | -3.7% | -9.0% | -1.8% |
| Balance sheet | ||||||||||
| Cash and equivalents | $619.0M | $804.0M | $2.0B | $852.0M | $666.0M | $943.0M | $1.0B | $1.4B | $611.0M | $1.0B |
| Short-term investments | – | $0 | $6.0M | – | – | – | – | – | – | – |
| Total debt | $6.9B | $7.5B | $8.4B | $8.9B | $9.9B | $9.5B | $9.2B | $8.4B | $10.2B | $8.4B |
| Net debt | $6.3B | $6.7B | $6.4B | $8.0B | $9.3B | $8.6B | $8.1B | $7.0B | $9.5B | $7.4B |
| Shareholders' equity | $17.2B | $18.3B | $19.0B | $19.2B | $20.0B | $22.5B | $24.3B | $24.1B | $22.2B | $22.7B |
Latest filings
| 2026-08-04 | 10-Q | Quarterly report |
| 2026-08-04 | 8-K | Earnings release |
| 2026-05-05 | 10-Q | Quarterly report |
| 2026-05-05 | 8-K | Earnings release |
| 2026-03-26 | DEF 14A | Proxy statement |
| 2026-02-17 | 10-K | Annual report |
| 2026-02-03 | 8-K | Earnings release |
| 2025-11-04 | 10-Q | Quarterly report |
| 2025-11-04 | 8-K | Earnings release |
| 2025-08-05 | 10-Q | Quarterly report |
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