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ADM · NYSE

Archer-Daniels-Midland Company

Farm Products · United States

USD 81.860.9% daily changeQuote 2026-09-28 · USD
Market cap (USD)
US$39.46B
Trailing P/E
22.37x
Forward P/E
14.44x
Quarterly revenue growth
7.2%
Trailing net margin
2.2%
Indicated dividend yield
2.5%

Snapshot 2026-09-28 · Latest financial period 2026-06-30 · Yahoo Finance. Quotes may be delayed; reporting periods can differ.

Next earnings: 2026-11-03 (provider estimate, not issuer-confirmed).

Company background

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.

Company website

Q2 2026

Go beyond the headline.

Archer-Daniels-Midland Stock (ADM) Q2 2026 Earnings: A 23% Beat Washington Wrote

Published 2026-08-09

Comparable businesses

ADM peer comparison

Same business group first, then company size. Preferred market cap: 0.5–2x; extended range: one-third–3x. Outside that range, industry benchmarks are labeled separately and excluded from peer medians.

Comparison stocks

Market metrics · missing or inapplicable values shown as —
MetricADMArcher-Daniels-Midland CompanySnapshot 2026-09-28Financial period: 2026-06-30BGBunge Global SASnapshot 2026-09-28Financial period: 2026-06-30TSNTyson Foods, Inc.Snapshot 2026-09-28Financial period: 2026-06-27Peer medianSimilar-size peers only
Market capMarket value, converted to USDUS$39.46BUS$21.15BUS$18.05BUS$19.60Bn=2
Forward P/EProvider forward earnings estimate14.44x9.78x12.43x11.10xn=2
EV / EBITDAEnterprise value / trailing EBITDA15.91x12.37x9.12x10.75xn=2
Revenue growthLatest quarter vs prior-year quarter7.2%88.3%-0.1%44.1%n=2
Operating marginLatest reported quarter4.0%4.6%2.7%3.7%n=2
Free cash flow yieldTrailing cash flow / market cap3.0%-30.6%6.6%-12.0%n=2
Net debt / EBITDANet debt / trailing EBITDA2.75x5.21x2.62x3.91xn=2
Debt / equityTotal debt / positive book equity0.39x0.98x0.44x0.71xn=2
Trailing P/ETrailing twelve-month earnings22.37x23.73x31.67x27.70xn=2
Price / bookPrice / positive book equity per share1.67x1.33x1.00x1.16xn=2
EV / salesEnterprise value / trailing revenue0.58x0.42x0.45x0.44xn=2
Earnings growthLatest quarter vs prior-year quarter315.6%33.0%204.1%118.5%n=2
Gross marginTrailing twelve months6.9%4.9%6.6%5.7%n=2
Net marginTrailing twelve months2.2%1.1%1.0%1.1%n=2
Return on equityProvider trailing return; positive equity only7.6%7.2%3.3%5.2%n=2
Free cash flow marginTrailing free cash flow / revenue1.4%-7.1%2.1%-2.5%n=2
Dividend yieldIndicated annual dividend / price2.5%2.6%4.0%3.3%n=2
Earnings payoutProvider trailing dividend payout56.3%60.8%125.3%93.0%n=2
Current ratioCurrent assets / current liabilities1.39x1.57x1.43x1.50xn=2
BetaProvider historical market sensitivity0.610.660.370.52n=2

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Comparison methodology & limitations

Reviewed operating groups override broad sector classifications. Other companies are matched only within a sufficiently specific provider industry. Business mix, geography and accounting standards can still differ. Market caps are converted to USD using exchange rates captured during the snapshot refresh. Financial ratios that would mix currencies are omitted. Snapshots must be at most 14 days old and no more than seven days apart for automatic selection.

Peer medians require at least two valid similar-size peers for each metric. Negative earnings, nonpositive equity, missing data and irrelevant bank ratios are not presented as attractive valuations. A higher or lower number is not automatically a better investment. Financial statement periods are not calendar-aligned across companies.

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Adjusted closing price

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Earnings-multiple scenario

Illustrative price = your earnings-per-share assumption × your P/E assumption. This is not a price target or a complete valuation model.

Starting assumptions, when available, use provider forward estimates as of 2026-09-28. Negative earnings require a different valuation method. This calculation omits balance-sheet, dilution and execution risks.

THE RESEARCH RECORD

Research history for ADM

All available reporting periods
Q2 20262026-08-09

Reported figures

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