Archer-Daniels-Midland (ADM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Archer-Daniels-Midland

NYSE•Consumer Defensive•Farm Products

$86.35+1.35(0.02%)Market open

Market Cap

$41.77B

P/E

23.6x

P/S

0.5x

P/B

1.8x

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.

How this company scores

AverageMetricSide Score: 56/100

Strongest: Balance Sheet & Red Flags (21/25); weakest: Cash & Earnings Quality (8/25).

Profitability15/25

Growth12/25

Balance Sheet & Red Flags21/25

Cash & Earnings Quality8/25

Strengths

Rising earningsLow leverageProfit converts from growthImproving leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 23.6x5y range 9.8x – 32.1x

Currently above its 20-quarter median.

P/S · 0.5x5y range 0.3x – 0.6x

Currently near its 20-quarter median.

P/B · 1.8x5y range 1.1x – 2.2x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Earnings Quality

Red Flag

Free cash flow has been negative in 4 of the last 8 quarters — earnings are not translating to cash.

Revenue Decline

Watch

Revenue has softened, declining in 4 quarters. Watch for further erosion.

Price & Volume

Market Cap $41.77B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $82.10B
Q. Revenue: $22.68B
TTM EBITDA: $3.06B
TTM Op. Income: $1.86B
Q. Op. Income: $1.01B
TTM Net Income: $1.77B
Q. Net Income: $908.00M
EPS: $1.87
Shares Out.: $485.00M

$82.10B in TTM revenue declined 0.8% YoY, reaching $22.68B last quarter. TTM EBITDA of $3.06B and TTM operating income of $1.86B show growth is flowing through to the bottom line. TTM net income of $1.77B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 8.5%
EBITDA Margin: 5.5%
Op. Margin: 4.4%
Net Margin: 4.0%

Op. margin of 4.4% is up 3.4% YoY — cost efficiency is improving. Net margin at 4.0% and gross margin of 8.5% show how much of each revenue dollar survives to profit. Over the past year, operating margin is up 314% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 23.6x
P/S Ratio: 0.5x
P/B Ratio: 1.8x

At 23.6x P/E, the stock trades within typical market levels. P/S of 0.5x and P/B of 1.8x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is up 2% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $53.53B
Cash: $1.06B
Long-Term Debt: $6.45B
Book Value: $23.29B
D/E Ratio: 0.3
Debt/EBITDA: 5.2

With $53.53B in assets and $6.45B in long-term debt, D/E is 0.3and book value is $23.29B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.15B
TTM Free Cash Flow: $1.68B
FCF Margin: 2.0%
FCF / Net Income: 0.9

TTM FCF of $1.68B on $1.15B in operating cash flow. The FCF / Net Income ratio of 0.9x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is down 59% — a weakening trend.