0000007084-26-000011
SEC filingArcher-Daniels-Midland Company (ADM) reported FY 2025 revenues of $80.27 billion, with cost of products sold at $75.24 billion, yielding gross profit of $5.03 billion. Selling, general, and administrative expenses reached $3.61 billion, while asset impairment, exit, and restructuring costs totaled $473.0 million. Equity in earnings of unconsolidated affiliates contributed $648.0 million positively. After interest expense of $612.0 million and other items, earnings before income taxes stood at $1.25 billion. Income tax expense was $182.0 million, resulting in net earnings including non-controlling interests of $1.07 billion and net earnings attributable to controlling interests of $1.08 billion. Basic and diluted EPS both at $2 per share, based on 484.0 million weighted average shares. Balance sheet shows total assets of $52.39 billion, with current assets at $26.66 billion including $1.01 billion cash and $10.37 billion inventories. Total liabilities, temporary equity, and shareholders' equity balance at $52.39 billion, with shareholders' equity at $22.74 billion. Operating cash flow was robust at $5.45 billion, supporting a net cash increase of $1.58 billion to $7.03 billion end-of-year. No prior year figures disclosed in filing.
Archer-Daniels-Midland Company (ADM) delivered FY 2025 revenues of $80.27 billion, down from prior periods though specific YoY not disclosed. Gross profit was $5.03 billion after $75.24 billion cost of products sold. Key expenses included $3.61 billion SG&A and $473.0 million asset impairment, exit, and restructuring costs. Positive contributions came from $648.0 million equity in unconsolidated affiliates earnings. Earnings before income taxes totaled $1.25 billion, with $182.0 million tax expense leading to $1.07 billion net earnings including non-controlling interests and $1.08 billion attributable to controlling interests. EPS basic and diluted both registered at $2 on 484.0 million shares. Total assets stood at $52.39 billion, balanced by $19.53 billion current liabilities and $22.74 billion shareholders' equity. Operating cash flow of $5.45 billion drove a $1.58 billion net cash increase.
Revenues for FY 2025 totaled $80.27 billion. No segment breakdown or geographic mix disclosed in the filing. Cost of products sold was $75.24 billion. No specific growth drivers or YoY changes detailed in provided data.
Gross profit of $5.03 billion on $80.27 billion revenues implies gross margin of 6.3%, calculated from disclosed figures. Earnings before taxes at $1.25 billion reflect pressures from $3.61 billion SG&A and $612.0 million interest expense, offset by $648.0 million affiliate earnings and $150.0 million other income. No operating income directly stated; profitability supported by non-operating items. No prior period margins for comparison.
Net cash provided by operating activities was $5.45 billion, driven by $1.07 billion net earnings, $1.18 billion depreciation, offset by working capital changes like -$1.51 billion inventories and -$855.0 million receivables. Investing activities used $1.02 billion, mainly $1.25 billion capex. Financing used $2.89 billion including $987.0 million dividends. Balance sheet liquidity strong with $26.66 billion current assets vs. $19.53 billion current liabilities; cash equivalents $1.01 billion, segregated cash $8.43 billion. Total debt $8.42 billion (short-term $798.0M + current maturities $1.01B + long-term $6.61B). Shareholders' equity $22.74 billion with $21.98 billion reinvested earnings.
No management guidance, strategic priorities, or risk factors explicitly disclosed in the provided filing content.