Archer Daniels Midland (ADM) Research

Forward Estimates

EPS Estimates

Current Qtr

$1.41

$1.11$1.54

vs $0.93+51.1%

8 analysts

Next Qtr

$1.26

$1.00$1.62

vs $0.92+36.9%

8 analysts

Current Yr

$4.69

$4.43$5.21

vs $3.43+36.8%

9 analysts

Next Yr

$5.19

$4.14$6.36

vs $4.69+10.6%

11 analysts

Revenue Estimates

Current Qtr

$22.83B

$21.23B$26.13B

vs $21.17B+7.9%

5 analysts

Next Qtr

$22.57B

$20.77B$26.17B

vs $20.37B+10.8%

5 analysts

Current Yr

$85.72B

$81.48B$98.88B

vs $80.27B+6.8%

8 analysts

Next Yr

$89.46B

$82.12B$113.99B

vs $85.72B+4.4%

8 analysts

SEC filings →

View all 10-K, 10-Q, and 8-K filings for ADM on EDGAR.

ADM filing events and research context
Filed	Item	Context
Feb 17, 2026	business	Archer-Daniels-Midland (ADM) operates as a global agricultural supply chain manager and processor across three primary segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment focuses on the origination, transportation, and crushing of oilseeds—including soybeans and canola—to produce vegetable oils and protein meals, supported by a 22.5% equity interest in Wilmar International. Carbohydrate Solutions converts corn and wheat into sweeteners, starches, and ethanol. The Nutrition segment provides high-value ingredients such as plant-based proteins, probiotics, and enzymes for human and animal health. Revenue is heavily concentrated in soybeans (17%), corn (13%), and soybean meal (11%). Financial performance is sensitive to commodity price volatility, foreign exchange rates, and seasonal harvest cycles, particularly in the Northern Hemisphere. Key operational risks include climate-driven deforestation in South American soy and palm sourcing. To mitigate these risks and capture growth in the bioeconomy, ADM invested $246 million in R&D in 2025, focusing on regenerative agriculture, carbon capture and sequestration, and the development of low-carbon intensity feedstocks to replace petroleum-based materials.
Feb 17, 2026	mda	Archer-Daniels-Midland (ADM) operates as a global agricultural supply chain manager and processor, focusing on food security by integrating local agricultural needs with global capabilities. The company's business model is structured around three primary reportable segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Through these divisions, ADM provides human and animal nutrition solutions and develops health and well-being products. All other operational activities are classified under Corporate or Other Business.
Feb 17, 2026	risk_factors	ADM’s financial performance is primarily driven by agricultural commodity price volatility, which directly impacts revenues and costs within the Ag Services and Oilseeds and Carbohydrate Solutions segments. The company faces significant currency risk across 75 countries, particularly involving the Euro, British pound, Canadian dollar, and Brazilian real. Recent margin compression in Ag Services and Oilseeds resulted from increased global grain supplies, higher stocks-to-use ratios, and the deferral of U.S. biofuel policies. Geopolitical instability, specifically the Russia-Ukraine conflict, has disrupted Black Sea operations, while trade policy uncertainty continues to affect North American soybean exports to China. In Carbohydrate Solutions, demand softness in North American sweeteners and paper markets, alongside higher corn costs in EMEA, has pressured results. Conversely, the Nutrition segment sees growth in flavors for energy drinks and postbiotics for dietary supplements, though it remains exposed to tariffs and inflation. Financial risks include significant impairments related to alternative protein investments and capitalized software. Additionally, the transition from the Blenders’ Tax Credit to the Clean Fuel Production Credit (45Z) under the Inflation Reduction Act introduces regulatory uncertainty regarding the timing and magnitude of future tax benefits.

Filed

Item

Context

Feb 17, 2026

business

Archer-Daniels-Midland (ADM) operates as a global agricultural supply chain manager and processor across three primary segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. The Ag Services and Oilseeds segment focuses on the origination, transportation, and crushing of oilseeds—including soybeans and canola—to produce vegetable oils and protein meals, supported by a 22.5% equity interest in Wilmar International. Carbohydrate Solutions converts corn and wheat into sweeteners, starches, and ethanol. The Nutrition segment provides high-value ingredients such as plant-based proteins, probiotics, and enzymes for human and animal health. Revenue is heavily concentrated in soybeans (17%), corn (13%), and soybean meal (11%). Financial performance is sensitive to commodity price volatility, foreign exchange rates, and seasonal harvest cycles, particularly in the Northern Hemisphere. Key operational risks include climate-driven deforestation in South American soy and palm sourcing. To mitigate these risks and capture growth in the bioeconomy, ADM invested $246 million in R&D in 2025, focusing on regenerative agriculture, carbon capture and sequestration, and the development of low-carbon intensity feedstocks to replace petroleum-based materials.

Feb 17, 2026

mda

Archer-Daniels-Midland (ADM) operates as a global agricultural supply chain manager and processor, focusing on food security by integrating local agricultural needs with global capabilities. The company's business model is structured around three primary reportable segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. Through these divisions, ADM provides human and animal nutrition solutions and develops health and well-being products. All other operational activities are classified under Corporate or Other Business.

Feb 17, 2026

risk_factors

ADM’s financial performance is primarily driven by agricultural commodity price volatility, which directly impacts revenues and costs within the Ag Services and Oilseeds and Carbohydrate Solutions segments. The company faces significant currency risk across 75 countries, particularly involving the Euro, British pound, Canadian dollar, and Brazilian real. Recent margin compression in Ag Services and Oilseeds resulted from increased global grain supplies, higher stocks-to-use ratios, and the deferral of U.S. biofuel policies. Geopolitical instability, specifically the Russia-Ukraine conflict, has disrupted Black Sea operations, while trade policy uncertainty continues to affect North American soybean exports to China. In Carbohydrate Solutions, demand softness in North American sweeteners and paper markets, alongside higher corn costs in EMEA, has pressured results. Conversely, the Nutrition segment sees growth in flavors for energy drinks and postbiotics for dietary supplements, though it remains exposed to tariffs and inflation. Financial risks include significant impairments related to alternative protein investments and capitalized software. Additionally, the transition from the Blenders’ Tax Credit to the Clean Fuel Production Credit (45Z) under the Inflation Reduction Act introduces regulatory uncertainty regarding the timing and magnitude of future tax benefits.

Forward Estimates

ADM filing events and research context

Keep researching ADM

Related tickers

Related explainers

Forward Estimates