Archer-Daniels-Midland Company
ADMFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
85,530
Cost of Revenue
79,752
Gross Profit
5,778
Gross Margin
6.8%
Operating Income
2,072
Operating Margin
2.4%
Net Income
1,800
Net Margin
2.1%
EPS (Basic)
$3.66
EPS (Diluted)
$3.65
EBITDA
4,102
EBITDA Margin
4.8%
2023
12/31/2023
Revenue
93,935
Cost of Revenue
86,422
Gross Profit
7,513
Gross Margin
8.0%
Operating Income
4,057
Operating Margin
4.3%
Net Income
3,483
Net Margin
3.7%
EPS (Basic)
$6.44
EPS (Diluted)
$6.43
EBITDA
6,000
EBITDA Margin
6.4%
2022
12/31/2022
Revenue
101,556
Cost of Revenue
93,986
Gross Profit
7,570
Gross Margin
7.5%
Operating Income
4,212
Operating Margin
4.1%
Net Income
4,340
Net Margin
4.3%
EPS (Basic)
$7.72
EPS (Diluted)
$7.71
EBITDA
6,657
EBITDA Margin
6.6%
2021
12/31/2021
Revenue
85,249
Cost of Revenue
79,262
Gross Profit
5,987
Gross Margin
7.0%
Operating Income
2,993
Operating Margin
3.5%
Net Income
2,709
Net Margin
3.2%
EPS (Basic)
$4.80
EPS (Diluted)
$4.79
EBITDA
4,574
EBITDA Margin
5.4%
2020
12/31/2020
Revenue
64,355
Cost of Revenue
59,902
Gross Profit
4,453
Gross Margin
6.9%
Operating Income
1,766
Operating Margin
2.7%
Net Income
1,772
Net Margin
2.8%
EPS (Basic)
$3.16
EPS (Diluted)
$3.15
EBITDA
3,198
EBITDA Margin
5.0%