ADMArcher-Daniels-Midland Company

$33B

Q4 2023 Earnings

Consumer Defensive Agricultural Farm Products

Income Statement

Revenue

$23.0B-11.4% YoY

Gross Profit

$1.7B7.6% margin

Operating Income

$821M3.6% margin

Net Income

$565M2.5% margin

EPS (Diluted)

$1.06

QoQ Revenue Growth

+5.9%

Cash Flow

Operating Cash Flow

$2.6B

Free Cash Flow

$2.1B

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$54.6B

Total Liabilities

$30.2B

Stockholders' Equity

$24.1B

Cash & Equivalents

$1.4B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23.0B	$25.9B	-11.4%
Gross Profit	$1.7B	$1.8B	-1.2%
Operating Income	$821M	$865M	-5.1%
Net Income	$565M	$1.0B	-44.6%

Revenue Segments

Ag Services and Oilseeds

$22.6B78%

Carbohydrate Solutions

$4.3B15%

Nutrition

$2.0B7%

Other Segments

$102M0%

ADM Q4 2023 Earnings — Archer-Daniels-Midland Company Revenue & Financial Results | Market Cap Arena