ADM · Consumer

Archer-Daniels-Midland Co

Ranked earnings events from SEC filings, earnings calls, press releases and news. Full Picture: what to focus on this earnings window

News · 2026-08-08

• Revenue Performance and MixImportance 48 · Surprise 32
  ADM reported second-quarter 2026 revenue of $22.68 billion for the period ended June 30, up 7.2% year over year. Ag Services & Origination and Crushing delivered revenue growth, while the Nutrition segment experienced…

News · 2026-08-06

• Quarterly Dividend DeclarationImportance 19 · Surprise 6
  ADM declared a quarterly cash dividend of $0.52 per common share. The dividend is payable September 9, 2026, to shareholders of record on August 19, 2026. Based on 481,958,842 shares outstanding as of June 30, the…

News · 2026-08-05

• Long-term Debt IssuanceImportance 40 · Surprise 42
  ADM filed a preliminary prospectus supplement for an offering of senior unsecured notes with an unspecified aggregate principal amount. Interest is scheduled to be paid semi-annually, and the notes are described as…
• Quarterly Dividend DeclarationImportance 19 · Surprise 6
  ADM declared a quarterly cash dividend of $0.52 per common share. The dividend is payable September 9, 2026, to shareholders of record on August 19, 2026. Based on 481,958,842 shares outstanding as of June 30, the…
• Biofuels and Ethanol DemandImportance 19 · Surprise 24
  ADM described the biofuels environment as constructive, with stronger demand supporting crushing and ethanol operations. Biofuels demand is surging in the United States, while increased U.S. ethanol exports are also…

10-Q · 2026-08-04

• Headcount / RestructuringImportance 83 · Surprise 82
  ADM announced targeted actions expected to deliver more than $500 million of aggregate cost savings over three to five years beginning in 2025. Six-month asset impairment, exit, and restructuring costs declined $150…
• Purchase Obligations and CommitmentsImportance 66 · Surprise 40
  Purchase obligations increased to $16.2 billion as of June 30, 2026 from $13.8 billion at December 31, 2025, a 17% increase. The Company expected $13.5 billion of these obligations to be paid within the next twelve…
• Segment ProfitabilityImportance 64 · Surprise 56
  Six-month total segment operating profit increased $637 million, or 40%, to $2.21 billion from $1.58 billion, with higher results across all three reportable segments. Ag Services and Oilseeds operating profit…
• Gross Margin DriversImportance 64 · Surprise 56
  Six-month gross profit increased $607 million, or 24%, to $3.2 billion, while second-quarter gross profit increased $565 million, or 41%, to $1.9 billion. Six-month gross-profit growth included increases of $376…
• Guidance and OutlookImportance 62 · Surprise 42
  On February 4, 2025, ADM announced targeted actions expected to deliver more than $500 million of aggregate cost savings over three to five years beginning in 2025. The program includes cost optimization and portfolio…
• Income Tax Rate ChangesImportance 57 · Surprise 64
  The six-month effective tax rate decreased to 17.5% from 19.5%, a 2.0 percentage-point reduction, while income-tax expense increased $134 million to $257 million because of higher pretax earnings. The second-quarter…
• Working Capital ChangesImportance 51 · Surprise 64
  Trade-payables cash outflow declined to $185 million in the six months ended June 30, 2026, from $1.2 billion in the prior-year period, reflecting market-driven inventory levels and improved working-capital management.…
• Futures Brokerage Customer ActivityImportance 50 · Surprise 46
  Customer balances in the Company’s futures commission and brokerage business changed as customers supported additional trading and margin requirements. Payables to brokerage customers generated a $276 million cash…
• Revenue Performance and MixImportance 49 · Surprise 32
  Six-month revenue increased $1.83 billion, or 4.4%, to $43.17 billion from $41.34 billion, while second-quarter revenue increased $1.52 billion, or 7.2%, to $22.68 billion. Ag Services and Oilseeds generated $33.92…
• Biofuels Policy and OutlookImportance 47 · Surprise 60
  The March 2026 Renewable Volume Obligations for 2026 and 2027 increased certain renewable-fuel blending requirements, while proposed Section 45Z regulations provided greater visibility into clean-fuel incentives. The…
• Biofuels and Ethanol DemandImportance 47 · Surprise 60
  The 2026 and 2027 Renewable Volume Obligations and proposed Section 45Z regulations increased visibility into renewable fuel demand and positively affected blending economics, clean fuel credit values, and demand for…
• Capital ExpendituresImportance 46 · Surprise 30
  Net cash used in investing activities was $373 million for the six months ended June 30, 2026, compared with $391 million in the prior-year period. The company invested $466 million in property, plant, and equipment…
• Trade Policy and TariffsImportance 44 · Surprise 60
  On February 20, 2026, the U.S. Supreme Court ruled that the International Emergency Economic Powers Act did not authorize the executive branch to impose tariffs. The ruling invalidated presidential tariffs imposed…
• Interest Rate EnvironmentImportance 44 · Surprise 46
  Cash flows from segregated investments reflected changes in the investment mix of customer funds due to changes in yields. Collateral pledge requirements in ADM’s futures commission and brokerage business also affected…
• Oilseed Processing DemandImportance 43 · Surprise 32
  Geopolitical uncertainty, logistical and weather challenges, and confirmation of U.S. biofuel policy contributed to crush margin expansion in both soy and canola. North America benefited from strong domestic demand…
• Operating Expense TrendsImportance 42 · Surprise 14
  Six-month manufacturing expenses increased $150 million to $4.0 billion, driven by higher North American energy costs, employee compensation, and maintenance expenses. Six-month SG&A increased $144 million to $2.0…
• Liquidity and Debt PositionImportance 37 · Surprise 6
  At June 30, 2026, ADM had $1.1 billion of cash and cash equivalents, including $374 million held by foreign subsidiaries whose earnings are considered indefinitely reinvested. Total credit lines were $12.6 billion, of…
• Capital Return ProgramImportance 36 · Surprise 14
  ADM paid $510 million in dividends during the six months ended June 30, 2026, compared with $495 million in the prior-year period. The company made no share repurchases during either the three or six months ended June…
• Acquisition / Partnership / DivestitureImportance 34 · Surprise 42
  ADM launched Two Rivers Premium Oils, LLC, a cottonseed joint venture with Planters Cotton Oil Mill in January 2026. Planters contributed its Pine Bluff, Arkansas, crush plant and regional origination and storage…
• Supply Chain Logistics ConstraintsImportance 20 · Surprise 24
  Global Trade faced freight supply concerns, logistical dislocations including Panama Canal congestion, and increased bunker costs. Transportation benefited from higher freight rates associated with strong corn demand,…
• Carbohydrate Demand and CompetitionImportance 20 · Surprise 24
  North America liquid sweetener demand remained soft, although starch demand showed signs of recovery. EMEA starches and sweeteners experienced demand softness across food and industrial markets, with lower volumes and…
• Nutrition Market DemandImportance 20 · Surprise 24
  The Flavors market continued to grow, led by strong performance in energy and ready-to-drink beverages. The Dietary Supplements market also grew, with postbiotic customer acceptance expanding potential sales across…
• Manufacturing Capacity UtilizationImportance 20 · Surprise 24
  ADM identified improved utilization rates and manufacturing efficiency as priorities for its global operations. Oilseed processing volumes increased because of improved utilization in North America and South America,…
• Inventory and Commodity Market ConditionsImportance 10 · Surprise 6
  Market-driven inventory levels contributed to changes in trade payables during the current year period. Higher commodity prices drove increased sales and related trade receivables. The filing does not identify specific…

8-K · 2026-08-04

• Guidance / OutlookImportance 66 · Surprise 84
  ADM raised its 2026 adjusted EPS guidance to approximately $5.15-$5.60 from $4.15-$4.70, increasing the midpoint by $0.95, or approximately 21%. The outlook assumes year-over-year earnings improvement in Crushing and…
• Guidance and OutlookImportance 66 · Surprise 84
  ADM raised its full-year 2026 adjusted EPS guidance to approximately $5.15–$5.60 from the prior range of $4.15–$4.70. Management expects year-over-year earnings improvement in Crushing and Ethanol, supported by…
• Segment ProfitabilityImportance 63 · Surprise 64
  Second-quarter total segment operating profit increased 75% to $1.450 billion from $830 million, with all three segments contributing year-over-year growth. Ag Services and Oilseeds operating profit rose 129% to $867…
• Operating Cash Flow TrendsImportance 63 · Surprise 64
  Six-month net cash provided by operating activities declined to $1.299 billion from $3.956 billion, a 67% year-over-year decrease. The decline primarily reflected a $460 million use of operating assets and liabilities…
• Gross Margin DriversImportance 58 · Surprise 56
  Second-quarter gross profit increased 41.2% to $1.935 billion from $1.370 billion, raising gross margin to approximately 8.5% from 6.5%. Margin expansion in Ag Services and North American Crushing was supported by the…
• Capital Expenditure OutlookImportance 58 · Surprise 42
  ADM continues to project 2026 capital expenditures of $1.3 billion to $1.5 billion. The planned investment range exceeds the company’s $680 million materiality threshold and represents a forward-looking commitment for…
• Headcount / RestructuringImportance 53 · Surprise 82
  Second-quarter asset impairment, exit, and restructuring costs declined to $13 million from $137 million, while specified impairment, exit, restructuring, and settlement charges declined to $5 million pretax from $323…
• Revenue Performance and MixImportance 49 · Surprise 32
  Second-quarter revenue increased 7.2% year over year to $22.681 billion from $21.166 billion, while six-month revenue increased 4.4% to $43.171 billion. Ag Services and Oilseeds revenue rose 10.1% to $17.916 billion in…
• Liquidity and Debt PositionImportance 49 · Surprise 32
  Cash and cash equivalents were $1.060 billion at June 30, 2026, essentially unchanged from $1.057 billion a year earlier, while short-term marketable securities increased to $33 million from $9 million. Short-term debt…
• Nutrition Product GrowthImportance 45 · Surprise 64
  Nutrition operating profit increased 51% year over year, with improvement in both Human Nutrition and Animal Nutrition. Human Nutrition growth was largely driven by Flavors, which benefited from seasonal momentum and…
• Capital ExpendituresImportance 43 · Surprise 6
  ADM maintained its full-year 2026 capital expenditure outlook at $1.3 billion-$1.5 billion. Capital expenditures were $466 million in the first six months of 2026, down from $596 million in the comparable 2025 period.…
• Operating Expense TrendsImportance 42 · Surprise 40
  Second-quarter selling, general, and administrative expense increased 12.6% to $1.026 billion from $911 million, exceeding the materiality threshold of $680 million. Corporate results improved by $38 million to a $460…
• Income Tax Rate ChangesImportance 38 · Surprise 46
  Second-quarter income tax expense increased to $176 million from $62 million as earnings before income taxes rose to $1.088 billion from $279 million. The implied quarterly effective tax rate declined to approximately…
• South American Grain ExportsImportance 31 · Surprise 42
  ADM’s South American operations benefited after the grain export terminal in Barcarena, Brazil, returned to full operations. Soybean exports increased, supported by higher farmer selling. South American…
• Renewable Fuel Standard PolicyImportance 31 · Surprise 42
  ADM said the constructive biofuels environment is primarily supported by finalized 2026 and 2027 renewable volume obligations under the U.S. Renewable Fuel Standard, finalized in March 2026. The policy support is being…
• Oilseed Crushing and Meal DemandImportance 25 · Surprise 32
  Global oilseed processing volumes increased approximately 5% year over year, partly because of improved asset utilization. Stable soybean meal prices supported strong global meal demand. Brazil and the United States…
• Biofuels and Ethanol DemandImportance 17 · Surprise 24
  ADM reported robust North American ethanol margins supported by policy incentives, the renewable volume obligations, elevated global energy prices, and lower U.S. corn prices. Ethanol gained an economic advantage over…

News · 2026-08-04

• Guidance and OutlookImportance 78 · Surprise 84
  ADM raised its 2026 adjusted EPS outlook to approximately $5.15-$5.60 from the prior range of $4.15-$4.70. The new midpoint represents an increase of approximately 21% from the previous midpoint, exceeding the…
• Biofuels Policy and OutlookImportance 74 · Surprise 84
  New U.S. government regulations mandate increased biofuel content in gasoline and diesel, supporting ADM’s crushing and ethanol businesses. ADM raised its 2026 adjusted EPS outlook to approximately $5.15–$5.60 from…
• Segment ProfitabilityImportance 63 · Surprise 64
  ADM reported second-quarter total segment operating profit of approximately $1.5 billion. Earnings growth was driven by stronger oilseed crushing execution, favorable biofuels margins, elevated global energy prices,…
• Revenue Performance and MixImportance 48 · Surprise 32
  ADM reported second-quarter 2026 revenue of $22.68 billion for the period ended June 30, up 7.2% year over year. Ag Services & Origination and Crushing delivered revenue growth, while the Nutrition segment experienced…
• Oilseed Processing Capacity ExpansionImportance 34 · Surprise 42
  ADM plans to expand oilseed processing capacity to serve increasing biofuels demand. The capacity growth is linked to stronger crushing economics and higher utilization opportunities in the U.S. market. Industry…
• Biofuels and Ethanol DemandImportance 19 · Surprise 24
  ADM described the biofuels environment as constructive, with stronger demand supporting crushing and ethanol operations. Biofuels demand is surging in the United States, while increased U.S. ethanol exports are also…