ADM Q2 2023 Earnings — Archer-Daniels-Midland Company Revenue & Financial Results | Market Cap Arena

ADMArcher-Daniels-Midland Company

$33B

Q2 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$25.2B-7.7% YoY

Gross Profit

$1.9B7.5% margin

Operating Income

$1.0B4.1% margin

Net Income

$927M3.7% margin

EPS (Diluted)

$1.70

QoQ Revenue Growth

+4.6%

Cash Flow

Operating Cash Flow

$2.5B

Free Cash Flow

$2.2B

Stock-Based Comp.

$21M

Balance Sheet

Total Assets

$55.5B

Total Liabilities

$30.2B

Stockholders' Equity

$24.9B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25.2B	$27.3B	-7.7%
Gross Profit	$1.9B	$2.1B	-10.3%
Operating Income	$1.0B	$1.3B	-19.0%
Net Income	$927M	$1.2B	-25.0%

Revenue Segments

Ag Services and Oilseeds

$19.8B79%

Carbohydrate Solutions

$3.4B13%

Nutrition

$1.9B7%

Other Segments

$112M0%