ADM

Archer-Daniels-Midland Co Consumer Staples Fats & Oils S&P 500Russell 3000
$76.91Close $54.41 – $88.0952-week range Nov 3, 2026Next report · before the open

Highlights

Strengths

  • Earnings growing EPS +314% year on year, faster than the quarter before (+313 pts)

Cautions

  • Not in an uptrend 5 of 8 trend conditions
  • Results soon Nov 3, 2026, in 2 days

Price

Filing Results Screen pick 52-week high and low Adjusted prices

Key figures

FY to Dec 31, 2025 · filed Aug 4, 2026
Off 12-month high 13%
1wk down 4.0% price change
1mo down 3.1% price change
12-month return up 30% market up 11% · its own up 20%
F-score — — Not assessed
Altman Z — Unknown
P/E — price / earnings
PEG — P/E / EPS growth
P/B — price / book
Earnings yield — EBIT / enterprise value
Cheaper than — of the market · not assessed
Revenue growth up 2% year on year
EPS growth up 314% latest quarter · +313 pts
Sales growth up 1% latest quarter · +1 pts
ROE up 5% return on equity
Free cash margin up 17% $4.2B FCF
D/E 0.29 long-term debt / equity
Net debt / EBITDA 1.8×
Interest cover 3.1×EBIT / interest
Piotroski tests

Repair signals

  • Long-term debt down 13% ($7.6B → $6.6B)
  • Revenue reaccelerating (-5% then +2%)

Trade setup

ATR% 2.6% $1.98 a day · 2×ATR $72.95
RS 62 / 99 vs the universe
Trend 5 / 8 under the 150/200-day, under the 50-day, RS under 70
Relative volume 1.3× vs 50-day average
Up/down volume 0.72 50 sessions
Implied move 7.6% by Nov 20, 2026 · report Nov 3, 2026
Trend template · 5 of 8
  • Price above the 150 and 200-day averages: fails
  • 150-day average above the 200-day: passes
  • 200-day average rising for a month: passes
  • 50-day average above the 150 and 200-day: passes
  • Price above the 50-day average: fails
  • At least 30% above the 52-week low: passes
  • Within 25% of the 52-week high: passes
  • RS rank 70 or higher: fails

Screen verdict

Did not qualify for any screen.

Warning signs

1 flagged
  • Gross margin narrowing Gross margin fell from 23.7% to 20.2%. The company is keeping less of each dollar of sales than it did a year ago.
Last reported Aug 4, 2026
Results reaction Aug 4, 2026-2% vs market2 sessions after results
Options $353,58635.2% IV · activity

Financials

6 fiscal years · from filings
Revenue What customers paid the company over its fiscal year, before any cost, as filed in its annual report. The change is against the year before. Methodology $25.0B +2% on FY2024
$0 $100B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $64.4B FY2021 · $85.2B FY2022 · $27.6B FY2023 · $25.7B FY2024 · $24.4B FY2025 · $25.0B
Net income Profit left after every cost, interest and tax for the year. A column below the line is a loss. Methodology $1.1B -40% on FY2024
$0 $5B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · $1.8B FY2021 · $2.7B FY2022 · $4.3B FY2023 · $3.5B FY2024 · $1.8B FY2025 · $1.1B
Free cash flow Cash from running the business less what it spent on equipment and buildings: the cash a year actually left behind, which profit alone does not show. Not shown for banks and insurers, whose cash moves with their loans. Methodology $4.2B +243% on FY2024
-$5B $0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · -$3.2B FY2021 · $5.4B FY2022 · $2.2B FY2023 · $3.0B FY2024 · $1.2B FY2025 · $4.2B
Margins Each as a share of revenue. Gross: left after the direct cost of what was sold. Net: left after every cost. Free cash: free cash flow over revenue. A margin rising over years means the business keeps more of each dollar it sells. Methodology
  • Gross 20%
  • Net 4%
  • Free cash 17%
0% 50% FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Gross 7% · Net 3% · Free cash -5% FY2021 · Gross 7% · Net 3% · Free cash 6% FY2022 · Gross 27% · Net 16% · Free cash 8% FY2023 · Gross 29% · Net 14% · Free cash 12% FY2024 · Gross 24% · Net 7% · Free cash 5% FY2025 · Gross 20% · Net 4% · Free cash 17%
Cash and long-term debt Cash on the balance sheet at the year's end beside debt due after a year. Net cash is cash less that debt; net debt is the shortfall. Debt some filers do not tag shows as a gap, not as zero. Methodology $5.6B net debt
  • Cash
  • Long-term debt
$0 $10B FY20 FY21 FY22 FY23 FY24 FY25 FY2020 · Cash $666.0M · Long-term debt $7.9B FY2021 · Cash $943.0M · Long-term debt $8.0B FY2022 · Cash $1.0B · Long-term debt $7.7B FY2023 · Cash $1.4B · Long-term debt $8.3B FY2024 · Cash $611.0M · Long-term debt $7.6B FY2025 · Cash $1.0B · Long-term debt $6.6B
  FY2020Dec 31, 2020 FY2021Dec 31, 2021 FY2022Dec 31, 2022 FY2023Dec 31, 2023 FY2024Dec 31, 2024 FY2025Dec 31, 2025
Revenue $64.4B $85.2B $27.6B $25.7B $24.4B $25.0B
Gross margin 7% 7% 27% 29% 24% 20%
Net income $1.8B $2.7B $4.3B $3.5B $1.8B $1.1B
Net margin 3% 3% 16% 14% 7% 4%
Earnings per share $3.14 $4.79 $7.71 $6.43 $3.65 $2.23
Free cash flow -$3.2B $5.4B $2.2B $3.0B $1.2B $4.2B
Free cash margin -5% 6% 8% 12% 5% 17%
Cash $666.0M $943.0M $1.0B $1.4B $611.0M $1.0B
Long-term debt $7.9B $8.0B $7.7B $8.3B $7.6B $6.6B
Shareholders' equity $20.0B $22.5B $24.3B $24.1B $22.2B $22.7B

Next report

Nov 3, 2026 · before the open

Expected move The move, either way, the option market prices in through the next scheduled report: the at-the-money straddle for the first expiry that contains it, over the price. It includes the days around the report, so it slightly overstates the report alone. Methodology ±7.6% $71 – $83 by Nov 20, 2026
Usual move The median, over the company's last four reports, of how far the stock moved either way from the close before the filing to the close of the session after it. Methodology ±1.7% last 4: -0.6% · +2.3% · -1.1% · -6.3%
Expected against usual The move the options price through this report over the move the last four reports delivered. Above 1 the event is priced bigger than the company's own record; below 1, smaller. A price, not a forecast: it says what protection through the report costs, not which way the stock will go. Methodology Bigger than usual 4.5× the usual move

What options price now

Swings expected vs recent The daily swings the options are priced for (implied volatility) against the swings the stock actually had over the last 20 sessions (realised volatility). Bigger means options charge for more movement than the stock has been delivering; smaller, less. On a contract row, that contract's own implied volatility over the stock's realised. Methodology
Bigger 35.2% priced · 25.1% recent
Next month vs later At-the-money implied volatility for 8-45 day expiries over 46-90 day ones: whether options price the coming month as choppier or calmer than the two after it. Ahead of a report it usually reads choppier, and the extra comes out once the report is out. Methodology
Choppier
Crash protection What options that pay off in a fall cost against options that pay off in a rise (the 25-delta skew), compared with this company's own normal - the median of its stored nightly readings, once there are 20 - and with five sessions ago. Protection costs a little more than upside on most shares. More than usual means readers of the chain are paying up to insure against a drop; it does not say which way the stock will go. Methodology
past week: costs more
Positioning
Premium traded
$353,586 calls $266,346 · puts $87,240 · latest session
Puts against calls, by premium Money spent on puts divided by money spent on calls. Measured in dollars rather than contracts on purpose: counting contracts treats a hundred cheap lottery tickets as more meaningful than one large position, which is backwards. Methodology
0.33× +0.25 over the week
Open interest added The change over five sessions in option positions left open overnight, calls and puts. A rise means positions were added. It cannot say whether they were bought or sold, so more calls is not a vote for a rise: a call is as often sold against shares already held. Methodology
calls +3.79k · puts +3.01k past week

For options traders: ATM IV 35.2% (+2.5% 1w) · 1m ÷ 3m IV 1.17 · 25Δ skew 4.3 pts · Net GEX $8.4M

Most traded contracts

No contract passed the liquidity filters this week.

Filings

SEC EDGAR
FiledReportPeriod to Lag
Aug 4, 2026 Quarterly ↗ Jun 30, 2026 35d
May 5, 2026 Quarterly ↗ Mar 31, 2026 35d
Feb 17, 2026 Annual ↗ Dec 31, 2025 48d
Nov 4, 2025 Quarterly ↗ Sep 30, 2025 35d
Aug 5, 2025 Quarterly ↗ Jun 30, 2025 36d
May 6, 2025 Quarterly ↗ Mar 31, 2025 36d
Feb 20, 2025 Annual ↗ Dec 31, 2024 51d
Nov 18, 2024 Quarterly ↗ Sep 30, 2024 49d
Jul 30, 2024 Quarterly ↗ Jun 30, 2024 30d
Apr 30, 2024 Quarterly ↗ Mar 31, 2024 30d
Mar 12, 2024 Annual ↗ Dec 31, 2023 72d
Oct 24, 2023 Quarterly ↗ Sep 30, 2023 24d

Current reports