Archer Daniels Midland Company (ADM)

From the record

Archer Daniels Midland Company's filings since 2017 show 3 warning events of 2 kinds: a warning not to rely on past financial statements (8-K item 4.02, the latest 2024-11-05); a late-report notice (Form NT 10-K or NT 10-Q, 2 times, the latest 2024-11-12) (its current reports).

From the record

Archer Daniels Midland Company's 10 filed years say what it did: revenue went from $62 billion in fiscal 2016 to $80 billion in fiscal 2025, up 2.8% a year; it rose in 4 of 9 years; the deepest fall was 21% from fiscal 2022 to fiscal 2025; net income was positive in 10 of 10 of those years (its annual reports).

From the record

Over the 3 fiscal years to 2025-12-31, Archer Daniels Midland Company's diluted share count shrank about 4.9% a year, and dividends and buybacks returned about 63% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 4 sales and 3 purchases of their own stock on the open market in the year to 2026-11-09, buying about $1 million (their Form 4 filings).

From the record

Return on equity: in the fiscal year ended 2025-12-31, Archer Daniels Midland Company earned about 5 cents of profit for every dollar of shareholders' money, and gross profitability: its products earned about 10 cents per dollar of everything the company owns. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count shrank 1.8% over the year (the filed statements).

From the record

Archer Daniels Midland Company's standing among 42 graded names in its industry family: revenue of $80 billion in fiscal 2025 ranks in the top 4% by size; a net margin of 1.3% ranks in the bottom 37%; revenue growth of -7.5% a year over the last 3 filed years ranks in the bottom 11% (its annual reports).

From the record

Archer Daniels Midland Company's leadership, from its insiders' filings and its current reports: the chief executive on the record is Luciano, Juan R (President & CEO, as filed), filing under that title since 2015-02-13, 11.7 years (top 13% of its family); the 21 officers and directors filing in the last fifteen months have been on the record a median of 6 years (bottom 46%); 11 officer or director changes were reported on Form 8-K since 2023-11-13, against the 21 people in charge now (bottom 32%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

From the record

Archer Daniels Midland Company's room to grow, from the newest filed statements (fiscal 2025): cash of $1.0 billion against debt of $7.6 billion leaves -12.6% of its assets as net cash, bottom 44% of its family; cash from operations less capital spending is 5.2% of revenue (top 46%); a gross margin of 6.3% (bottom 8%); research spending of 0.3% of revenue (bottom 40%) (its annual report).

From the record

Archer Daniels Midland Company's growth drivers, from the filed years to fiscal 2025: revenue grew -7.5% a year over the last three filed years against 2.8% over all 10, slowing (bottom 13% of its family); the newest year grew -6.2% (bottom 15%); research spending grew 4.4% a year (bottom 44%); capital spending grew -1.8% a year (top 46%) (its annual reports). Archer Daniels Midland Company reported 3 lines of business in fiscal 2025: Ag Services and Oilseeds at $62 billion, Carbohydrate Solutions at $11 billion, Nutrition at $7.5 billion. 1 of 3 grew in the latest filed year, and the largest line is 77% of revenue (its annual report).

From the record

Archer Daniels Midland Company's newest year against its own record: revenue of $80 billion in fiscal 2025 came in 2.3% above the $78 billion its prior three years' pace pointed to (top 40% of its family); net income of $1.1 billion against a prior three-year average of $3.2 billion (bottom 19%); a net margin of 1.3% against 3.4% before (bottom 35%) (its annual reports).