Archer-Daniels-Midland (ADM) Revenue — Quarter Ended Sep 30, 2024
Revenue for the quarter declined compared with both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed over recent periods.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue for the quarter declined compared with both the prior quarter and the same quarter last year. The decrease reflects a continuation of the downward trend observed over recent periods.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$6B
Revenue reported for this quarter.
Quarter-over-quarter
-2.8%
Change from the immediately preceding quarter.
Year-over-year
-6.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$41.1B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2023 | $23B | -11.4% |
| Mar 31, 2024 | $5.9B | -75.3% |
| Jun 30, 2024 | $6.2B | -75.5% |
| Sep 30, 2024 | $6B | -6.4% |
Revenue performance
Reported revenue moved lower for the quarter, marking a decrease from the immediately preceding quarter.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was also lower. The sequential and year-over-year declines both point to a weaker revenue performance in the current period.
What to watch
The filing context does not provide specific causes for the revenue change; monitor future filings for any operational or market developments.