Archer-Daniels-Midland Co.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $80.27B | $85.53B | $93.94B | $101.56B | $85.25B | $64.36B | $64.66B |
| Agricultural Services | — | — | — | — | — | — | — | — |
| Corn Processing | — | — | — | — | — | — | — | — |
| Oilseeds Processing | — | — | — | — | — | — | — | — |
| Wild Flavors and Specialty Ingredients | — | — | — | — | — | — | — | — |
| Ag Services and Oilseeds | — | $61.57B | $66.52B | $73.43B | $79.56B | $67.05B | $49.72B | $48.74B |
| Carbohydrate Solutions | — | $10.74B | $11.23B | $12.87B | $13.96B | $11.11B | $8.47B | $9.89B |
| Nutrition | — | $7.51B | $7.35B | $7.21B | $7.64B | $6.71B | $5.80B | $5.68B |
| Other | — | $449.0M | $431.0M | $424.0M | $396.0M | $380.0M | $367.0M | $352.0M |
| Cost of Revenue | — | $75.24B | $79.75B | $86.42B | $93.99B | $79.26B | $59.90B | $60.51B |
| Gross Profit | — | $5.03B | $5.78B | $7.51B | $7.57B | $5.99B | $4.45B | $4.15B |
| Gross Margin | — | 6.3% | 6.8% | 8.0% | 7.5% | 7.0% | 6.9% | 6.4% |
| Operating Expenses | ||||||||
| Research & Development | — | $246.0M | $269.0M | $256.0M | $216.0M | $171.0M | $160.0M | $154.0M |
| SG&A Expense | — | $3.61B | $3.71B | $3.46B | $3.36B | $2.99B | $2.69B | $2.49B |
| Operating Income | — | $1.87B | $2.96B | $4.94B | $5.63B | $3.58B | $2.22B | $1.99B |
| Operating Margin | — | 2.3% | 3.5% | 5.3% | 5.5% | 4.2% | 3.5% | 3.1% |
| Interest Expense | — | $612.0M | $706.0M | $647.0M | $396.0M | $265.0M | $339.0M | $402.0M |
| Pretax Income | — | $1.26B | $2.26B | $4.29B | $5.23B | $3.31B | $1.88B | $1.59B |
| Income Tax Expense | — | $182.0M | $476.0M | $828.0M | $868.0M | $578.0M | $101.0M | $209.0M |
| Net Income | — | $1.08B | $1.80B | $3.48B | $4.34B | $2.71B | $1.77B | $1.38B |
| Net Margin | — | 1.3% | 2.1% | 3.7% | 4.3% | 3.2% | 2.8% | 2.1% |
| EPS (Basic) | — | $2.23 | $3.66 | $6.44 | $7.72 | $4.80 | $3.16 | $2.45 |
| EPS (Diluted) | — | $2.23 | $3.65 | $6.43 | $7.71 | $4.79 | $3.15 | $2.44 |
| Shares Outstanding (Basic) | 481.2M | 484.0M | 492.0M | 541.0M | 562.0M | 564.0M | 561.0M | 563.0M |
| Shares Outstanding (Diluted) | 481.2M | 484.0M | 493.0M | 542.0M | 563.0M | 566.0M | 565.0M | 565.0M |
| Dividends Per Share | — | $2.04 | $2.00 | $1.80 | $1.60 | $1.48 | $1.44 | $1.40 |