Archer-Daniels-Midland Company logo

Archer-Daniels-Midland Company(ADM)

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EXPLORE ADVISORIES AND THEIR HISTORY
QUALITY SIGNAL
1-STAR RATING
PASS
LAST CLOSE
$69.97
11/06/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Stock price based on last close iconStock price based on last close
Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Advisory Performance History (Simulated)Advisory Performance History info

Simulated performance—not actual client returns. Excludes advisory subscription fees, trading commissions, and taxes, which would reduce returns. Results depend on calculation assumptions and do not guarantee future outcomes. See Disclosures for full methodology, assumptions, and limitations.

Upturn Advisory & Investor View for ADM

11/06/2026: ADM (1-star) is currently NOT-A-BUY. Pass it for now.

Archer-Daniels-Midland Company is a foundational player in global agricultural processing, connecting farm production to food and energy markets. The company's primary strength lies in its extensive, integrated logistics network and its successful strategic pivot toward higher-margin human and animal nutrition products. Growth is driven by these value-added segments and increasing demand for renewable biofuels. Investors should monitor commodity price volatility, climate-related crop risks, and global trade dynamics as key headwinds. ADM may best suit value and dividend-focused investors seeking long-term exposure to the agricultural sector, provided they understand the cyclical nature and execution risks inherent in such a capital-intensive, global business model.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitThe company offers moderate growth potential through nutrition and renewable energy but is limited by the cyclical, low-margin nature of its core commodity business.
Momentum investorMixed fitADM stock often tracks broad agricultural cycles; momentum strategies require positive price trends driven by agricultural demand spikes.
Value investorStrong fitADM often trades at moderate multiples relative to earnings, appealing to value investors looking for a stable, asset-heavy industrial player.
Dividend investorStrong fitADM has a long history of reliable, consistent dividend growth and provides a steady income stream for long-term investors.
Low-risk investorMixed fitWhile established and essential, ADM is subject to significant commodity price and global trade risks that can drive stock volatility.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityHighCommodity market price swings directly impact ADM's crush margins and overall profitability.
Valuation riskMediumThe stock is sensitive to macro-economic shifts and interest rate environments affecting commodity trading demand.
Competition risk (commodity processing)MediumThe global nature of the commodity trade involves intense competition from entities like Cargill and Bunge.
Business qualityStrongADM maintains a massive, difficult-to-replicate infrastructure that serves as a critical link in the global food supply chain.
Dividend incomeLowThe dividend is well-supported by long-term operating cash flows, reducing income-related risk for shareholders.
Execution riskMediumOperational success depends on managing complex global supply chains and regulatory compliance across diverse jurisdictions.

Price Behavior

Rolling Over
PRICE PATH

Rolling Over

The price momentum is slowing down and beginning to turn downward.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 4.38%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 1.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 11/06/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
ADM receives a 3-star rating, supported by solid quantitative characteristics. The rating is constrained by soft unit economics, and weak price momentum.

Company Fundamentals

★★★★★
ADM has moderate overall fundamentals (3 stars), with moderate financial health, moderate growth momentum, and solid ownership. In FY2025 versus FY2024, solid cash generation (FCF margin 5.2%) is partially offset by negative earnings growth (-40.1%), negative revenue growth (-6.2%), soft profitability (net margin 1.3%).

Financial Health Rating

★★★★★
ADM's financial health is supported by strong cash strength, including free-cash-flow generation of $4.2B (5.2% of revenue). Profitability is soft (2 stars), which helps explain the 3-star overall score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is ADM's strongest growth driver at +242.6% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (-6.2%, negative) and earnings growth (-40.1%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 90.6% and approximately 99.1% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership is only 0.72%, which materially reduces the ownership score.

Top 5 Institutional Investors

State Farm Mutual Automobile Ins Co 9.71%
BlackRock Inc 9.26%
State Street Corp 6.98%
Vanguard Capital Management, LLC 6.53%
Vanguard Portfolio Management, LLC 5.59%

Unit Economics (Per $1K Revenue)

★★★★★
ADM generates approximately $63 of gross profit, $18 of operating income, and $52 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Weak margins explain the 2-star rating, with solid cash conversion and weak capital efficiency.

Economic Dimensions

★★★★★
Effective Tax Rate: 14.50%

Quantitative Style Profile

★★★★★
ADM has a large-cap, liquid, relatively low-volatility profile. Weak momentum is the primary drawback.

Style Classification

Quality Focused

Value-OrientedLow VolatilityLarge / Mega Cap StabilityHighly Liquid / Institution-Friendly

Key Highlights

Company Size Large-Cap Stock
Market Capitalization 33.30B USD
Price to earnings Ratio 13.67
1Y Target Price 80.3
Price to earnings Ratio 13.67
1Y Target Price 80.3
Volume (30-day avg) 3.2M shares
Beta 0.61
52 Weeks Range 54.00 - 88.75
Updated Date 11/07/2026
52 Weeks Range 54.00 - 88.75
Updated Date 11/07/2026
Dividends yield (FY) 2.94%
Basic EPS (TTM) 5.12

How Company Makes Money

Business areaWhat it includesRetail investor read
Ag Services & OilseedsGrain origination, transportation, and crushing of oilseeds.This is the core, volume-driven engine of the company that handles the global movement of crops.
Carbohydrate SolutionsProcessing corn and wheat into sweeteners, starches, and ethanol.This segment links agriculture to food production and the biofuels energy market.
NutritionSpecialty ingredients, flavors, and animal/pet nutrition products.This is the higher-margin, value-added part of the business that differentiates ADM from standard traders.
GeographyGlobal operations with significant exposure to North America, South America, and Europe.ADM's success is tied to global export demand and agricultural production cycles across major continental markets.

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Geography revenue - Year on Year

Earnings Date

Report Date 2026-11-03
When Before Market
Estimate 1.63
Actual 1.77

Profitability

Profit Margin 2.95%
Operating Margin (TTM) 4.21%

Management Effectiveness

Return on Assets (TTM) 2.85%
Return on Equity (TTM) 10.64%

Valuation

Trailing PE 13.67
Forward PE 12.92
Enterprise Value 42.84B
Price to Sales(TTM) 0.4
Enterprise Value 42.84B
Price to Sales(TTM) 0.4
Enterprise Value to Revenue 0.51
Enterprise Value to EBITDA 9.04
Shares Outstanding 475.92M
Shares Floating 471.85M
Shares Outstanding 475.92M
Shares Floating 471.85M
Percent Insiders 0.72
Percent Institutions 90.62

Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

Form CRS provides a relationship summary of our automated advisory services, flat subscription fees, and conflicts of interest. Form ADV Part 2A brochure contains complete details on services, billing, and disclosures. If any summary differs from our current regulatory filings, the filed Form ADV controls.