ADM Q1 2024 Earnings — Archer-Daniels-Midland Company Revenue & Financial Results | Market Cap Arena

ADMArcher-Daniels-Midland Company

$33B

Q1 2024 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$21.8B-9.2% YoY

Gross Profit

$1.7B7.6% margin

Operating Income

$708M3.2% margin

Net Income

$729M3.3% margin

EPS (Diluted)

$1.42

QoQ Revenue Growth

-4.9%

Cash Flow

Operating Cash Flow

$700M

Free Cash Flow

$372M

Stock-Based Comp.

$66M

Balance Sheet

Total Assets

$54.8B

Total Liabilities

$31.3B

Stockholders' Equity

$23.2B

Cash & Equivalents

$830M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.8B	$24.1B	-9.2%
Gross Profit	$1.7B	$2.1B	-20.2%
Operating Income	$708M	$1.2B	-41.0%
Net Income	$729M	$1.2B	-37.7%

Revenue Segments

Ag Services and Oilseeds

$17.2B79%

Carbohydrate Solutions

$2.7B12%

Nutrition

$1.8B8%

Other Segments

$109M0%