Archer Daniels Midland financials
$79.40−1.22%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.27B | $85.53B | $93.94B | $101.56B | $85.25B | $64.36B | $64.66B | $64.34B | $60.83B | $62.35B |
| Gross profit | $5.03B | $5.78B | $7.51B | $7.57B | $5.99B | $4.45B | $4.15B | $4.18B | $3.52B | $3.62B |
| Gross margin | 6.3% | 6.8% | 8.0% | 7.5% | 7.0% | 6.9% | 6.4% | 6.5% | 5.8% | 5.8% |
| Operating income | $951.0M | $1.53B | $3.71B | $4.15B | $2.83B | $1.69B | $1.35B | $1.84B | $1.37B | $1.58B |
| Net income | $1.08B | $1.80B | $3.48B | $4.34B | $2.71B | $1.77B | $1.38B | $1.81B | $1.59B | $1.28B |
| Net margin | 1.3% | 2.1% | 3.7% | 4.3% | 3.2% | 2.8% | 2.1% | 2.8% | 2.6% | 2.1% |
| Diluted EPS | $2.23 | $3.65 | $6.43 | $7.71 | $4.79 | $3.15 | $2.44 | $3.19 | $2.79 | $2.16 |
| EBITDA | $2.60B | $3.21B | $5.12B | $5.24B | $3.99B | $2.74B | $2.65B | $2.96B | $2.46B | $2.54B |
| Operating cash flow | $5.45B | $2.79B | $4.46B | $3.48B | $6.59B | -$2.39B | -$5.45B | -$4.78B | -$5.97B | -$6.51B |
| Free cash flow | $4.20B | $1.23B | $2.97B | $2.16B | $5.43B | -$3.21B | -$6.28B | -$5.63B | -$7.01B | -$7.39B |
| Diluted shares | 484.0M | 493.0M | 542.0M | 563.0M | 566.0M | 565.0M | 565.0M | 567.0M | 572.0M | 591.0M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $1.01B | $611.0M | $1.37B | $1.04B | $943.0M | $666.0M |
| Short-term investments | $32.0M | $246.0M | $0.00 | $0.00 | — | — |
| Total debt | $8.41B | $10.16B | $8.37B | $9.18B | $9.54B | $9.93B |
| Total assets | $52.39B | $53.27B | $54.63B | $59.77B | $56.14B | $49.72B |
| Total liabilities | $29.36B | $30.84B | $30.17B | $35.16B | $33.37B | $29.62B |
| Shareholders' equity | $22.74B | $22.18B | $24.14B | $24.32B | $22.51B | $20.02B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology