ADM · 8-K · 20260804PR000040
Income Tax Rate Changes
Archer-Daniels-Midland Co · 2026-08-04 · Importance 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 16.2% from 22.2%, despite the $114 million increase in tax expense. Six-month income tax expense increased to $257 million from $123 million, while the implied year-to-date effective tax rate declined to approximately 17.5% from 19.5%. ADM recorded a $10 million discrete tax adjustment in the six-month 2026 adjusted EPS reconciliation due to updated tax regulations.