ADM Q3 2023 Earnings — Archer-Daniels-Midland Company Revenue & Financial Results | Market Cap Arena

ADMArcher-Daniels-Midland Company

$33B

Q3 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$21.7B-12.1% YoY

Gross Profit

$1.8B8.3% margin

Operating Income

$995M4.6% margin

Net Income

$821M3.8% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

-13.9%

Cash Flow

Operating Cash Flow

$992M

Free Cash Flow

$551M

Stock-Based Comp.

$12M

Balance Sheet

Total Assets

$55.1B

Total Liabilities

$29.5B

Stockholders' Equity

$25.2B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$21.7B	$24.7B	-12.1%
Gross Profit	$1.8B	$1.8B	-0.1%
Operating Income	$995M	$993M	+0.2%
Net Income	$821M	$1.0B	-20.4%

Revenue Segments

Ag Services and Oilseeds

$16.5B76%

Carbohydrate Solutions

$3.3B15%

Nutrition

$1.8B8%

Other Segments

$107M0%