Archer-Daniels-Midland

ADM buys crops from farmers and turns them into food and fuel. It manages a global network to move these goods to businesses everywhere. This process helps feed people and animals while creating renewable energy solutions.

What ADM Makes and Moves

• Ag Services and Oilseeds: Sources, transports, and crushes oilseeds like soybeans into vegetable oils and protein meals; accounted for 17% of revenues from soybeans and 11% from soybean meal in 2025.
• Carbohydrate Solutions: Mills corn and wheat into sweeteners, starches, and flour while producing ethanol for gasoline.
• Nutrition: Creates specialized ingredients like flavors, colors, and plant proteins for human food and animal feed.
• Other Business: Provides futures brokerage services through ADM Investor Services and offers insurance through Agrinational.

New Paths and Partnerships

• Developed a regenerative agriculture program to help farmers use practices that capture carbon in the soil.
• Expanded the ADM Ventures portfolio by investing in early-stage startups focused on new food technologies.
• Scaled carbon capture and sequestration capabilities to reduce the environmental footprint of its manufacturing plants.
• Formed the Gradable joint venture to enhance digital tracking and sustainability in the grain supply chain.

Why the Network Matters

The company uses its own fleet of trucks, railcars, river barges, and ocean vessels to control costs and ensure timely delivery. This integrated system connects thousands of growers to industrial and consumer markets across more than 180 countries.

The Latest Financial Facts

• Revenue reached $18.6 billion in Q4 2025, down 13.7% from $21.5 billion in Q4 2024.
• Net income was $456 million in Q4 2025, a decrease of 19.6% compared to the previous year.
• Operating income fell to $320 million in Q4 2025, down 22.9% from $415 million in Q4 2024.
• Free cash flow dropped to negative $669 million in Q4 2025 from negative $170 million in Q4 2024.

Bottom Line

ADM has transitioned from a traditional grain handler into a global nutrition and biosolutions company. Its focus on diversifying into specialized ingredients and sustainable fuels helps it navigate volatile commodity markets.