{ "ok": true, "cik": "7084", "ticker": "ADM", "name": "Archer-Daniels-Midland Co", "filings": [ { "form": "8-K", "filed": "2026-08-12", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers" ], "url": "https://www.sec.gov/Archives/edgar/data/7084/000119312526345800/0001193125-26-345800-index.htm" }, { "form": "8-K", "filed": "2026-08-10", "items": [ "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/7084/000119312526342579/0001193125-26-342579-index.htm" }, { "form": "10-Q", "filed": "2026-08-04", "items": [], "url": "https://www.sec.gov/Archives/edgar/data/7084/000000708426000042/0000007084-26-000042-index.htm" }, { "form": "8-K", "filed": "2026-08-04", "items": [ "2.02 Results of Operations and Financial Condition", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/7084/000000708426000040/0000007084-26-000040-index.htm" }, { "form": "8-K", "filed": "2026-07-23", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "7.01 Regulation FD Disclosure", "9.01 Financial Statements and Exhibits" ], "url": "https://www.sec.gov/Archives/edgar/data/7084/000119312526314103/0001193125-26-314103-index.htm" }, { "form": "8-K", "filed": "2026-05-12", "items": [ "5.02 Departure or Election of Directors; Appointment of Officers", "5.07 Submission of Matters to a Vote of Security Holders" ], "url": "https://www.sec.gov/Archives/edgar/data/7084/000000708426000027/0000007084-26-000027-index.htm" } ], "events12m": 10, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-08-12", "url": "https://www.sec.gov/Archives/edgar/data/7084/000119312526345800/0001193125-26-345800-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000007084.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=7084" }, "license": "Figures as filed with the SEC. Card text CC BY 4.0, POPS4.", "notAdvice": "Reporting, not investment advice. No price targets and no trading recommendations.", "edgar": "🫧 Edgar looked up Archer-Daniels-Midland Co ($ADM). Last filing: 8-K (5.02 Departure or Election of Directors; Appointment of Officers), 2026-08-12. 10 event filings (8-K) in the past twelve months. Non-reliance (8-K Item 4.02) filed 2024-11-05.", "auditor": { "changes": [], "nonReliance": [ { "filed": "2024-11-05", "url": "https://www.sec.gov/Archives/edgar/data/7084/000000708424000034/0000007084-24-000034-index.htm" } ], "restatedSince": true }, "metrics": { "fiscalYearEnd": "2025-12-31", "revenue": 80269000000, "revenueGrowth1y": -0.06151058108266105, "revenueGrowthPerYear": -0.014935564249946687, "yearsOfData": 5, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.013429842155751286, "operatingCashFlow": 5452000000, "capitalSpending": 1248000000, "freeCashFlow": 4204000000, "researchAndDevelopment": 246000000, "researchShareOfRevenue": 0.003064694963186286, "cash": 1015000000, "longTermDebt": 7612000000, "longTermDebtChange": -0.07778047007511513, "revenueHistory": [ { "fiscalYearEnd": "2021-12-31", "revenue": 85249000000 }, { "fiscalYearEnd": "2022-12-31", "revenue": 101556000000 }, { "fiscalYearEnd": "2023-12-31", "revenue": 93935000000 }, { "fiscalYearEnd": "2024-12-31", "revenue": 85530000000 }, { "fiscalYearEnd": "2025-12-31", "revenue": 80269000000 } ], "totalEquity": 22740000000, "totalAssets": 52389000000, "equityRatio": 0.43406058523735896, "returnOnEquity": 0.04740545294635004, "dividendsPaid": 987000000, "payoutRatio": 0.9155844155844156, "dividendPerShare": 2.04, "dividendYearsRising": 17, "dividendCut": false, "priceBased": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown.", "earningsPerShare": 2.23, "sharesOutstanding": 484000000, "bookValuePerShare": 46.98347107438016, "revenuePerShare": 165.84504132231405, "range80": { "low": 62815853745.3225, "high": 82813485388.91486, "baseline": 74773609693.71834, "n": 1471, "band": "b10", "bandLabel": "$10B+", "method": "v4.1", "credibility": 0.5, "growthYears": 4, "ownVolatility": 0.1273222065825212, "classVolatility": 0.06659579566308972, "volatility": 0.10160202825003593 }, "ifPaceHeld": { "low": 62815853745.3225, "high": 82813485388.91486 } }, "edgarette": "🔖 Exposure: revenue $80.3B (FY2025), total debt $7.6B. Experience: revenue down 6.2% on the year, down 1.5% a year over 4 years. Soundness: equity 43.4% of assets, return on equity 4.7%, payout 91.6% of profit, dividend per share up 17 years running. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $62.8B and $82.8B next year (method v4.1: its own 4-year record of growth weighed at 50% against $10B+ filers; on a year the method never saw, 83.4% landed inside). In a shock year the stress range is $55.6B to $92.5B. A statistical range, not company guidance. Against peers (47 filers, $50M+ revenue, its industry group): growth -6.2% against 2.7%.", "peers": { "sic": 2070, "sicDescription": "Fats & Oils", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "20", "growth": [ 0.0273, 50 ], "opMargin": [ 0.0737, 47 ], "equityRatio": [ 0.4422, 46 ], "returnOnEquity": [ 0.0949, 41 ], "payoutRatio": [ 0.7155, 23 ] }, "summary": "Archer-Daniels-Midland (ADM) saw revenue fall 6.2% in FY2025 to $80.3 billion, equity 43.4% of assets, and dividend per share up 17 years running. Every figure is from the company’s own annual report filed with the SEC.", "chart": "
Archer-Daniels-Midland Co against its own record and its peers
Revenue, on the yearPeer median 2.7%-6.2%Equity of assetsPeer median 44.2%43.4%Return on equityPeer median 9.5%4.7%Payout of profitPeer median 71.5%91.6%Gold tick: the median of 23–46 peers with $50M+ revenue in fats & oils
", "chartHorizon": "
Handed back now, or kept to compound
Of each dollar of profit91.6% paid outHanded back per share$2.04up 17 years runningGrowth its own profit can fund0.4%retained x return on equityRevenue growth it managed-6.2%last year, for comparison

Gold is paid out to shareholders; navy is kept in the business. Retained profit times return on equity is the pace a company can fund from itself. Facts from the filings, not a recommendation.

", "backtest": { "tests": 13, "hits": 9, "rate": 0.6923076923076923, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:32:41.814Z", "hash": "33b6ae1a3ee1e109", "status": "open" }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "schema": "pops4.edgarette.card/1", "card": { "summary": "Archer-Daniels-Midland (ADM) saw revenue fall 6.2% in FY2025 to $80.3 billion, equity 43.4% of assets, and dividend per share up 17 years running. Every figure is from the company’s own annual report filed with the SEC.", "exposure": { "fiscalYearEnd": "2025-12-31", "revenue": 80269000000, "totalDebt": 7612000000, "cash": 1015000000 }, "experience": { "revenueGrowth1y": -0.06151058108266105, "revenueGrowthPerYear": -0.014935564249946687, "operatingMargin": null, "operatingMarginPrior": null, "netMargin": 0.013429842155751286, "freeCashFlow": 4204000000 }, "soundness": { "equityRatio": 0.43406058523735896, "returnOnEquity": 0.04740545294635004, "payoutRatio": 0.9155844155844156, "dividendPerShare": 2.04, "dividendYearsRising": 17, "dividendCut": false, "note": "Dividend yield, price/earnings and price/book need a share price. The boards carry filings only, so they are not shown." }, "peers": { "sic": 2070, "sicDescription": "Fats & Oils", "calendarYear": 2025, "minRevenue": 50000000, "depth": 2, "group": "20", "growth": [ 0.0273, 50 ], "opMargin": [ 0.0737, 47 ], "equityRatio": [ 0.4422, 46 ], "returnOnEquity": [ 0.0949, 41 ], "payoutRatio": [ 0.7155, 23 ] }, "credibility": { "auditedYears": 5, "weight": "reasonable", "standard": "ASOP No. 25", "nonReliance": { "filed": "2024-11-05", "url": "https://www.sec.gov/Archives/edgar/data/7084/000000708424000034/0000007084-24-000034-index.htm", "restatedSince": true, "markedDown": false }, "auditorChange": null }, "healthWatch": { "window": "last 12 months", "since": "2025-09-26", "signals": [ { "code": "5.02", "label": "Director or officer change", "count": 4, "latest": { "filed": "2026-08-12", "url": "https://www.sec.gov/Archives/edgar/data/7084/000119312526345800/0001193125-26-345800-index.htm" } } ], "note": "Events the company itself filed with the SEC, most serious first. Shown beside the figures; they do not change the range or its receipt." }, "range": { "low": 62815853745.3225, "high": 82813485388.91486, "baseline": 74773609693.71834, "coverage": 0.8, "method": "v4.1", "basis": "next fiscal year revenue: baseline = revenue x (1 + mean of one-year and three-year pace); width = the company's own volatility of yearly growth, credibility-weighted against its size class (Buhlmann), scaled to the 80% target on 2023 and tested on 2024", "calibratedOn": { "companyYears": 1471, "sizeBand": "$10B+", "fitYears": [ 2018, 2022 ], "tuneYear": 2023, "testYear": 2024, "coverageOnTestYear": 0.8341 }, "credibility": { "weightOnOwnRecord": 0.5, "growthYears": 4, "ownVolatility": 0.1273222065825212, "classVolatility": 0.06659579566308972, "pricedVolatility": 0.10160202825003593, "k": 3 }, "stress": { "low": 55634080485.55718, "high": 92512287589.82912, "basis": "the same range with widths set to hold 80% across 2018-2023, pandemic years included" }, "kind": "a statistical range, not company guidance; no view on the share price", "track": { "backtest": { "tests": 13, "hits": 9, "rate": 0.6923076923076923, "method": "v4", "byYear": { "2012": [ 1, 1 ], "2014": [ 1, 1 ], "2015": [ 1, 1 ], "2016": [ 1, 1 ], "2017": [ 0, 1 ], "2018": [ 0, 1 ], "2019": [ 1, 1 ], "2020": [ 1, 1 ], "2021": [ 0, 1 ], "2022": [ 1, 1 ], "2023": [ 0, 1 ], "2024": [ 1, 1 ], "2025": [ 1, 1 ] }, "note": "hindsight: the same credibility-weighted range on the company's own past years. Years 2018-2023 were used to fit or tune the method, so only 2025 outcomes are fully out of sample." }, "registry": { "logged": "2026-09-26T16:32:41.814Z", "hash": "33b6ae1a3ee1e109", "status": "open" }, "scorecard": "https://www.pops4.com/boards/scorecard" } }, "caution": "Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.", "sources": { "facts": "https://data.sec.gov/api/xbrl/companyfacts/CIK0000007084.json", "filings": "https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=7084" }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0679, "growth3y": -0.0754, "volatility": 0.1273, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.4341, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 6.8% of revenue into operating cash; revenue shrinking 7.5% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 27th percentile for cash, 8th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 27, "growthPctInClass": 8, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 5452000000, "investing": -1017000000, "financing": -2887000000, "capitalSpending": 1248000000, "free": 4204000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 6595000000, "free": 5426000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 3478000000, "free": 2159000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 4460000000, "free": 2966000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 2790000000, "free": 1227000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 5452000000, "free": 4204000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1015000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 52389000000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }, "definitions": { "operatingMargin": "Operating income divided by revenue.", "netMargin": "Net income divided by revenue.", "freeCashFlow": "Cash from operations minus spending on property and equipment.", "researchShareOfRevenue": "Research and development expense for the year as a share of revenue, both as filed.", "equityRatio": "Shareholders equity as a share of total assets, both as filed. Higher means less of the company is owed to someone else.", "returnOnEquity": "Net income for the year against shareholders equity at year end.", "payoutRatio": "Dividends paid as a share of net income, in the year the cash went out.", "dividendYearsRising": "Consecutive years, counted back from the last on record, in which dividend per share rose. A fall ends the run and is reported as dividendCut.", "revenueGrowthPerYear": "Compound annual growth between the first and latest fiscal years shown.", "credibility": "How much weight a record deserves, in the actuarial sense (ASOP No. 25): more audited years, more weight.", "peers": "Medians of SEC filers with $50M+ revenue in the same industry code (SIC), narrowest group with at least 8 filers, calendar-year figures from SEC XBRL frames.", "backtest": "The same range method applied to the company's own past years, scored against what it actually reported next. Hindsight, and labelled so.", "healthWatch": "Distress-type events the company filed in the last 12 months (late-filing notices; 8-K items 1.03, 3.01, 2.04, 4.02, 4.01, 2.05, 2.06, 1.05, 5.02), each with its count and newest filing. Display only: they do not change the range or its receipt." }, "speedCash": { "fiscalYear": 2025, "cashConversion": 0.0679, "growth3y": -0.0754, "volatility": 0.1273, "paysDividend": true, "raisedDividend": true, "equityRatio": 0.4341, "quadrant": { "code": "sj", "label": "Slow and jumpy", "plain": "growing slower than its size class, with revenue that swings more" }, "compass": { "code": "fading", "inside": "Turns 6.8% of revenue into operating cash; revenue shrinking 7.5% a year over three years; pays and raised its dividend.", "outside": "Among $10B+ companies: 27th percentile for cash, 8th for growth.", "emoji": "🍂", "label": "Fading", "plain": "slow and jumpy, lagging its peers" }, "band": "$10B+", "cashPctInClass": 27, "growthPctInClass": 8, "source": "SEC XBRL frames, the company’s own audited figures; quadrant split at the median of its size class" }, "harbor": { "signs": [ { "key": "slowjumpy", "text": "slow and jumpy: growing slower than its size class, with revenue that swings more" } ], "rule": "Boat condition = number of warning signs: a serious warning filing in 12 months; liabilities over assets; slow and jumpy; negative operating cash; an 80% revenue range of ±25% or wider.", "level": 1, "name": "Sound ship", "plain": "one warning sign" }, "cashFlow": { "fiscalYearEnd": "2025-12-31", "operating": 5452000000, "investing": -1017000000, "financing": -2887000000, "capitalSpending": 1248000000, "free": 4204000000, "trend": [ { "fiscalYearEnd": "2021-12-31", "operating": 6595000000, "free": 5426000000 }, { "fiscalYearEnd": "2022-12-31", "operating": 3478000000, "free": 2159000000 }, { "fiscalYearEnd": "2023-12-31", "operating": 4460000000, "free": 2966000000 }, { "fiscalYearEnd": "2024-12-31", "operating": 2790000000, "free": 1227000000 }, { "fiscalYearEnd": "2025-12-31", "operating": 5452000000, "free": 4204000000 } ], "note": "Annual, as filed in 10-K cash flow statements; negative investing/financing = cash going out (capital spending, buybacks, dividends, debt repaid)." }, "investments": { "fiscalYearEnd": "2025-12-31", "cash": 1015000000, "shortTerm": null, "longTerm": null, "equityHoldings": null, "totalAssets": 52389000000, "ladder": null, "note": "Balance-sheet cash and investment securities at fiscal year end, as filed; short-term = due or saleable within a year. Insurers and banks hold most of their book here." } }