ADM Q1 2023 Earnings — Archer-Daniels-Midland Company Revenue & Financial Results | Market Cap Arena

ADMArcher-Daniels-Midland Company

$33B

Q1 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$24.1B+1.8% YoY

Gross Profit

$2.1B8.6% margin

Operating Income

$1.2B5.0% margin

Net Income

$1.2B4.9% margin

EPS (Diluted)

$2.12

QoQ Revenue Growth

-7.2%

Cash Flow

Operating Cash Flow

-$1.6B

Free Cash Flow

-$1.9B

Stock-Based Comp.

$65M

Balance Sheet

Total Assets

$58.8B

Total Liabilities

$33.6B

Stockholders' Equity

$24.9B

Cash & Equivalents

$899M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24.1B	$23.6B	+1.8%
Gross Profit	$2.1B	$1.9B	+9.6%
Operating Income	$1.2B	$1.1B	+12.3%
Net Income	$1.2B	$1.1B	+11.0%

Revenue Segments

Ag Services and Oilseeds

$18.6B77%

Carbohydrate Solutions

$3.5B15%

Nutrition

$1.9B8%

Other Segments

$103M0%