Archer-Daniels-Midland (ADM) 10-K Summary — Year Ended Dec 31, 2024
The company filed its annual report for the most recent fiscal year. Revenue declined compared to the prior year, and the company reported net income and operating cash flow.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
The company filed its annual report for the most recent fiscal year. Revenue declined compared to the prior year, and the company reported net income and operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$24.4B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$1.8B
Net income reported for the year.
Operating cash flow
$2.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jun 30, 2023 | $25.2B | n/a |
| Sep 30, 2023 | $21.7B | -13.9% |
| Dec 31, 2023 | $25.7B | +18.4% |
| Dec 31, 2024 | $24.4B | -5.1% |
Business overview
The company operates a capital-intensive agricultural commodity-based business, as described in the liquidity discussion. No further business description was provided in the supplied filing sections.
Financial performance
Annual revenue decreased from the previous year. Net income and cash from operations were reported for the period.
Material risks
The filing includes a standard forward-looking statement caution but does not detail specific risk factors in the provided sections. Readers should refer to the full risk factors section in the original filing.
Liquidity and capital
The company aims to maintain sufficient liquidity and financial flexibility, relying on cash from operations and credit lines, including commercial paper and securitization programs. As of the end of the period, it had significant unused borrowing capacity.
What to watch
Monitor the company's access to credit markets and the level of commercial paper outstanding.