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Archer-Daniels-Midland Company provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition. The company engages in the origination, merchandising, transportation, and storage of agricultural raw materials, as well as the crushing and processing of oilseeds, including soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed; produces and markets vegetable oils and oilseed protein meals used by food, feed, energy, and industrial customers; sale of crude and partially refined vegetable oils; supplies peanuts and peanut-derived ingredients; and manufactures cotton cellulose pulp. It is also involved in the grain sourcing, handling, and multimodal transportation network supporting import, export, and distribution activities; structured trade finance activities; corn and wheat wet and dry milling and related processing activities; production of distillers' grains, corn gluten feed, and corn gluten meal for use as animal feed ingredients; and carbon capture and sequestration and other emissions-reduction initiatives. In addition, the company engages in the creation, manufacturing, sale, and distribution of an array of ingredients and solutions comprising plant-based proteins, flavors and colors derived from nature, flavor systems, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, postbiotics, enzymes, botanical extracts, and other specialty food and feed ingredients and systems. Further, it is involved in the derivatives and commodity exchanges and clearing houses; and insurance coverage for certain property, casualty, marine, medical, and other miscellaneous risks. The company was founded in 1902 and is based in Chicago, Illinois.
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Archer-Daniels-Midland (ADM) is a global agricultural processor that originates and transforms oilseeds, corn and other crops into food ingredients, animal feed, biofuels and industrial products. Long-term growth drivers include rising protein and ingredient demand, expanding biofuels and renewables, and demand for supply-chain and nutrition solutions, which may benefit from ADM's scale and global origination network.
Main risks are commodity-price and margin volatility from weather and crop cycles, policy and trade shifts that affect biofuel and export demand, and operational and environmental-regulatory execution risk.
Note: The summary and risk score provided above is created by AI and should not be construed as a recommendation of Kalkine.
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Income before tax | 1255.00M | 2255.00M | 4294.00M | 5233.00M | 3313.00M |
| Minority interest | 5.00M | 21.00M | 17.00M | -25.00M | -26.00M |
| Net income | 1078.00M | 1800.00M | 3483.00M | 4340.00M | 2709.00M |
| Selling general administrative | 3609.00M | 3706.00M | 3456.00M | 3314.00M | 2994.00M |
| Gross profit | 5033.00M | 5778.00M | 7513.00M | 7570.00M | 5987.00M |
| Reconciled depreciation | 1181.00M | 1141.00M | 1059.00M | 1028.00M | 996.00M |
| Ebit | 1867.00M | 2961.00M | 4941.00M | 5695.00M | 3778.00M |
| Ebitda | 3048.00M | 4102.00M | 6000.00M | 6723.00M | 4774.00M |
| Depreciation and amortization | 1181.00M | 1141.00M | 1059.00M | 1028.00M | 996.00M |
| Non operating income net other | - | - | - | 1190.00M | 749.00M |
| Operating income | 1424.00M | 2072.00M | 4057.00M | 5695.00M | 3778.00M |
| Other operating expenses | 78845.00M | 83458.00M | 89878.00M | 97636.00M | 82256.00M |
| Interest expense | 612.00M | 706.00M | 653.00M | 396.00M | 265.00M |
| Tax provision | 182.00M | 476.00M | 828.00M | 868.00M | 578.00M |
| Interest income | 154.00M | 562.00M | 499.00M | 720.00M | 96.00M |
| Net interest income | -494.00M | -144.00M | -148.00M | -103.00M | -169.00M |
| Extraordinary items | - | - | - | - | 4.00M |
| Non recurring | - | - | - | 66.00M | 164.00M |
| Income tax expense | 182.00M | 476.00M | 828.00M | 868.00M | 578.00M |
| Total revenue | 80269.00M | 85530.00M | 93935.00M | 101848.00M | 85249.00M |
| Total operating expenses | 3609.00M | 3706.00M | 3456.00M | 3358.00M | 2994.00M |
| Cost of revenue | 75236.00M | 79752.00M | 86422.00M | 94278.00M | 79262.00M |
| Total other income expense net | -169.00M | 183.00M | 237.00M | -462.00M | -465.00M |
| Net income from continuing ops | 1073.00M | 1779.00M | 3466.00M | 4365.00M | 2735.00M |
| Net income applicable to common shares | 1078.00M | 1800.00M | 3483.00M | 4340.00M | 2709.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Total assets | 34659.00M | 53271.00M | 54631.00M | 37028.00M | 35716.00M |
| Intangible assets | 6744.00M | 2260.00M | 2238.00M | 2382.00M | 2565.00M |
| Other current assets | 7888.00M | 9339.00M | 5924.00M | 11627.00M | 10546.00M |
| Total liab | 11632.00M | 30840.00M | 30166.00M | 12412.00M | 12949.00M |
| Total stockholder equity | 22733.00M | 22168.00M | 24132.00M | 24317.00M | 22528.00M |
| Deferred long term liab | - | - | - | 1402.00M | 1412.00M |
| Other current liab | 757.00M | 3040.00M | 10733.00M | -18353.00M | -15934.00M |
| Common stock | 22733.00M | 3223.00M | 3154.00M | 3147.00M | 2994.00M |
| Capital stock | 3281.00M | 3223.00M | 3154.00M | 3147.00M | 2994.00M |
| Retained earnings | 21983.00M | 21933.00M | 23465.00M | 23646.00M | 21655.00M |
| Other liab | - | - | - | 2416.00M | 3410.00M |
| Good will | 4769.00M | 4509.00M | 4103.00M | 4162.00M | 4182.00M |
| Other assets | 2241.00M | 1.00M | - | 2420.00M | 2392.00M |
| Cash | 1015.00M | 611.00M | 1368.00M | 1037.00M | 943.00M |
| Cash and equivalents | 1015.00M | 611.00M | - | 1037.00M | 943.00M |
| Total current liabilities | 798.00M | 19938.00M | 18662.00M | 503.00M | 958.00M |
| Current deferred revenue | - | 8462.00M | 626.00M | 10550.00M | 9546.00M |
| Net debt | 7395.00M | 10927.00M | 8228.00M | 8143.00M | 8596.00M |
| Short term debt | 798.00M | 2901.00M | 706.00M | 503.00M | 958.00M |
| Short long term debt | 1804.00M | 2577.00M | 106.00M | 503.00M | 958.00M |
| Short long term debt total | 8410.00M | 11538.00M | 9596.00M | 9180.00M | 9539.00M |
| Other stockholder equity | 22740.00M | -2973.00M | -7600.00M | 33.00M | 51.00M |
| Property plant equipment | 11179.00M | 12195.00M | - | 9933.00M | 9890.00M |
| Total current assets | 8935.00M | 27718.00M | 29767.00M | 12664.00M | 11489.00M |
| Long term investments | 5560.00M | 5276.00M | 5500.00M | 5467.00M | 5285.00M |
| Net tangible assets | - | - | - | 24583.00M | 15817.00M |
| Short term investments | 32.00M | 246.00M | 7228.00M | 9010.00M | 8016.00M |
| Net receivables | 3021.00M | 5950.00M | 6496.00M | 7569.00M | 5771.00M |
| Long term debt | 7612.00M | 7580.00M | 8259.00M | 8677.00M | 8581.00M |
| Inventory | 10369.00M | 11572.00M | 11957.00M | 14771.00M | 14481.00M |
| Accounts payable | 5195.00M | 5535.00M | 6313.00M | 7803.00M | 6388.00M |
| Noncontrolling interest in consolidated entity | - | - | - | 33.00M | 31.00M |
| Accumulated other comprehensive income | - | -2988.00M | -2487.00M | -2509.00M | -2172.00M |
| Common stock total equity | - | - | - | 3147.00M | 2994.00M |
| Retained earnings total equity | - | - | - | 23646.00M | 21655.00M |
| Non currrent assets other | 2241.00M | 1313.00M | 866.00M | 1018.00M | 980.00M |
| Non current assets total | 25724.00M | 25553.00M | 24864.00M | 24364.00M | 24227.00M |
| Capital lease obligations | 1348.00M | 1381.00M | 1231.00M | 1108.00M | 1042.00M |
| Long term debt total | 7612.00M | 7580.00M | - | 8677.00M | 8581.00M |
| Breakdown | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
| Investments | 234.00M | -2702.00M | -1496.00M | -1400.00M | -33.00M |
| Change to liabilities | - | - | - | 2236.00M | 4373.00M |
| Total cashflows from investing activities | -1017.00M | -2702.00M | - | -1400.00M | -2669.00M |
| Net borrowings | -1875.00M | 1826.00M | - | -158.00M | -290.00M |
| Total cash from financing activities | -2887.00M | -1530.00M | -4604.00M | -2499.00M | -1118.00M |
| Change to operating activities | - | - | - | -944.00M | 2654.00M |
| Net income | 1073.00M | 1779.00M | 3483.00M | 4365.00M | 2735.00M |
| Change in cash | 1581.00M | -1466.00M | -1643.00M | -421.00M | 2808.00M |
| Begin period cash flow | 3924.00M | 5390.00M | 7033.00M | 7454.00M | 4646.00M |
| End period cash flow | 5505.00M | 3924.00M | 5390.00M | 7033.00M | 7454.00M |
| Total cash from operating activities | 5452.00M | 2790.00M | 4460.00M | 3478.00M | 6595.00M |
| Depreciation | 1181.00M | 1141.00M | 1059.00M | 1028.00M | 996.00M |
| Other cashflows from investing activities | -3.00M | 12.00M | - | -81.00M | -148.00M |
| Dividends paid | 987.00M | 985.00M | 977.00M | 899.00M | 834.00M |
| Change to inventory | 1511.00M | 162.00M | 2889.00M | -295.00M | -2839.00M |
| Change to account receivables | 855.00M | 447.00M | 737.00M | -1682.00M | -578.00M |
| Sale purchase of stock | 0.00M | -2327.00M | -2673.00M | -1450.00M | 0.00M |
| Other cashflows from financing activities | -25.00M | -44.00M | -102.00M | 332.00M | 250.00M |
| Change to netincome | - | - | - | -184.00M | 236.00M |
| Capital expenditures | 1248.00M | 1563.00M | 1494.00M | 1319.00M | 1169.00M |
| Change receivables | - | - | - | -1682.00M | -578.00M |
| Cash flows other operating | - | - | - | -1990.00M | 1583.00M |
| Cash and cash equivalents changes | - | - | - | -421.00M | 2808.00M |
| Change in working capital | 2763.00M | -492.00M | -267.00M | -1789.00M | 2654.00M |
| Stock based compensation | 83.00M | 74.00M | 112.00M | 147.00M | 161.00M |
| Other non cash items | 435.00M | 418.00M | 96.00M | -184.00M | 178.00M |
| Free cash flow | 4204.00M | 1227.00M | 2966.00M | 2159.00M | 5426.00M |
Sector: Consumer Defensive Industry: Farm Products
|
Stock Name
|
Change
(USD) |
Price
(USD) |
Trailing
PE (x) |
Forward
PE (x) |
Price Sales
TTM (x) |
Price to Book Value (x)
|
Enterprise Value
to Revenue (x) |
Enterprise Value
to EBITDA (x) |
|---|---|---|---|---|---|---|---|---|
| ADM Archer-Daniels-Midland Company |
-0.50 0.71% |
69.97 | 23.66 | 16.45 | 0.51 | 1.77 | 0.61 | 12.88 |
| BG Bunge Global SA |
0.56 0.57% |
99.10 | 25.52 | 14.53 | 0.35 | 1.53 | 0.54 | 15.43 |
| TSN Tyson Foods Inc |
-0.43 0.72% |
59.68 | - | 24.94 | 0.34 | 1.00 | 0.51 | 26.68 |
| MNHVF Mowi ASA |
- -% |
23.55 | 15.54 | 15.90 | 1.89 | 2.37 | 2.20 | 9.26 |
| MHGVY Mowi ASA ADR |
-0.52 2.21% |
23.02 | 15.41 | 15.80 | 1.88 | 2.35 | 2.19 | 9.22 |
Archer-Daniels-Midland Company provides human and animal nutrition ingredients and solutions in the United States, Switzerland, the Cayman Islands, Brazil, Mexico, Canada, the United Kingdom, and internationally. It operates in three segments: Ag Services and Oilseeds; Carbohydrate Solutions; and Nutrition. The company engages in the origination, merchandising, transportation, and storage of agricultural raw materials, as well as the crushing and processing of oilseeds, including soybeans and soft seeds, such as cottonseed, sunflower seed, canola, rapeseed, and flaxseed; produces and markets vegetable oils and oilseed protein meals used by food, feed, energy, and industrial customers; sale of crude and partially refined vegetable oils; supplies peanuts and peanut-derived ingredients; and manufactures cotton cellulose pulp. It is also involved in the grain sourcing, handling, and multimodal transportation network supporting import, export, and distribution activities; structured trade finance activities; corn and wheat wet and dry milling and related processing activities; production of distillers' grains, corn gluten feed, and corn gluten meal for use as animal feed ingredients; and carbon capture and sequestration and other emissions-reduction initiatives. In addition, the company engages in the creation, manufacturing, sale, and distribution of an array of ingredients and solutions comprising plant-based proteins, flavors and colors derived from nature, flavor systems, emulsifiers, soluble fiber, polyols, hydrocolloids, probiotics, prebiotics, postbiotics, enzymes, botanical extracts, and other specialty food and feed ingredients and systems. Further, it is involved in the derivatives and commodity exchanges and clearing houses; and insurance coverage for certain property, casualty, marine, medical, and other miscellaneous risks. The company was founded in 1902 and is based in Chicago, Illinois.
| Name | Title | Year Born |
|---|---|---|
| Mr. Juan Ricardo Luciano | Chairman, CEO & Pres | 1961 |
| Mr. Ray Guy Young | Vice-Chairman | 1962 |
| Mr. Vincent F. Macciocchi | Chief Sales & Marketing Officer, Pres of Nutrition and Sr. VP | 1966 |
| Mr. Joseph Daniel Taets | Sr. VP & Pres of Asia Pacific (APAC) | 1966 |
| Mr. Gregory A. Morris | Sr. VP and Pres of Agricultural Services & Oilseeds | 1972 |
| Mr. Vikram Luthar | CFO & Sr. VP | 1967 |
| Ms. Veronica L. Braker | Sr. VP of Global Operations | 1968 |
| Ms. Molly Strader Fruit | VP & Corp. Controller | 1979 |
| Mr. Todd A. Werpy Ph.D. | Sr. VP & Chief Science Officer | 1963 |
| Ms. Kristy Folkwein | Sr. VP & Chief Information Officer | 1963 |
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