Archer Daniels Midland (ADM) stock
Consumer Staples · Agricultural Products & Services
Archer Daniels Midland (ADM) is an Agricultural Products & Services company in the Consumer Staples sector, headquartered in Chicago, Illinois. As of October 23, 2026, ADM closed at $80.14, a market capitalization of $38.62 billion, the 280th largest company in the S&P 500. The stock trades at 22.0x trailing earnings and 14.1x forward earnings.
- 1-year total return: +31.9% (dividends reinvested)
- 5-year return: +6.9% a year
- 52-week range: $55.58 – $88.75
- Dividend yield: 2.60%, 42 straight years of increases
- FI Handbook report card: B+ across 4 metrics
- 17th largest of 34 Consumer Staples stocks in the S&P 500
ADM price chart
1Y price change: +28.2% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| ADM | -2.4% | +42.3% | +31.9% | +7.0% | +6.9% | +9.8% | +10.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1980.
ADM key statistics
- Market cap
- $38.6B
- #280 in S&P 500
- P/E (TTM)
- 22.0x
- Forward P/E
- 14.1x
- EPS (TTM)
- —
- Revenue (TTM)
- —
- Free cash flow
- $1.7B
- Gross margin
- —
- Operating margin
- —
- Return on equity
- —
- Dividend yield
- 2.60%
- 52-week range
- $55.58 – $88.75
- Beta
- —
- Price / sales
- —
- EV / EBITDA
- —
- Debt / equity
- —
- Employees
- —
ADM report card
B+Ten fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth——
- Gross margin——
- Operating margin——
- FCF margin——
- Return on equity——
- Net debt / EBITDA——
- Forward P/E14.1xA
- PEG ratio1.1xB
- Shareholder yield2.6%C
- Share count change / yr-3.0%A
Archer-Daniels-Midland financials
Revenue went from $62.3B in fiscal 2016 to $25.0B in fiscal 2025, shrinking 9.7% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $62.3B | $60.8B | $64.3B | $64.7B | $64.4B | $85.2B | $27.6B | $25.7B | $24.4B | $25.0B |
| Gross profit | $3.6B | $3.5B | $4.2B | $4.1B | $4.5B | $6.0B | $7.6B | $7.5B | $5.8B | $5.0B |
| Net income | $1.3B | $1.6B | $1.8B | $1.4B | $1.8B | $2.7B | $4.3B | $3.5B | $1.8B | $1.1B |
| EPS (diluted) | $2.16 | $2.79 | $3.19 | $2.44 | $3.15 | $4.79 | $7.71 | $6.43 | $3.65 | $2.23 |
| Free cash flow | -$7.4B | -$7.0B | -$5.6B | -$6.3B | -$3.2B | $5.4B | $2.2B | $3.0B | $1.2B | $4.2B |
| Buybacks | $1.0B | $750.0M | $77.0M | $150.0M | $133.0M | $0 | $1.4B | $2.7B | $2.3B | $0 |
| Dividends paid | $701.0M | $730.0M | $758.0M | $789.0M | $809.0M | $834.0M | $899.0M | $977.0M | $985.0M | $987.0M |
| Diluted shares | 591.0M | 572.0M | 567.0M | 565.0M | 565.0M | 566.0M | 563.0M | 542.0M | 493.0M | 484.0M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into ADM?
A reverse DCF asks what growth the current price requires. With an enterprise value of $38.6B and $1.7B of trailing free cash flow, Archer-Daniels-Midland needs to grow free cash flow about 14.1% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return.
P/E ratio history
Current 35.9x vs. median 14.4x (10th–90th percentile 9.2x–21.5x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
ADM dividend
- Dividend yield
- 2.60%
- Annual dividend
- $2.08
- Years of increases
- 42
- 5-yr dividend growth
- 7.2%
- per year
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
ADM analyst price targets
11 analysts' average 12-month target is $80.30 (+0% vs. $80.14). Targets range from $60.00 to $95.00. 9% rate it a buy.
ADM earnings
Next report: November 3, 2026. Archer-Daniels-Midland has beaten EPS estimates 6 quarters in a row. Last quarter's revenue was $22.7B (+7% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Aug 4, 2026 | $1.44 | $1.84 | +28.0% |
| May 5, 2026 | $0.66 | $0.71 | +7.8% |
| Feb 3, 2026 | $0.80 | $0.87 | +9.2% |
| Nov 4, 2025 | $0.85 | $0.92 | +7.9% |
| Aug 5, 2025 | $0.80 | $0.93 | +16.8% |
| May 6, 2025 | $0.67 | $0.70 | +4.5% |
| Feb 4, 2025 | $1.15 | $1.14 | -0.8% |
| Nov 18, 2024 | $1.09 | $1.09 | -0.0% |
Stocks like ADM
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|---|---|---|---|---|---|
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ADM news
- Archer-Daniels-Midland (ADM) Faces A Fresh Valuation Test As Pipeline Case Enters View · Oct 21, 2026
- Archer Daniels Midland (ADM) Stock Declines While Market Improves: Some Information for Investors · Oct 19, 2026
- What to Expect From Archer-Daniels-Midland’s Q3 2026 Earnings Report · Oct 16, 2026
- ArcherDaniels’ Dividend Reliability Meets Cyclical Uncertainty · Oct 15, 2026
- Archer Daniels' Sweetener Weakness: Can Ethanol Offset It? · Oct 15, 2026
ADM stock FAQ
What is ADM's market cap?
Archer Daniels Midland's market capitalization is $38.62 billion as of October 23, 2026, ranking 280th in the S&P 500.
What is ADM's P/E ratio?
ADM trades at a trailing price-to-earnings ratio of 22.0x and a forward P/E of 14.1x. Its median P/E over the period we track is 14.4x.
Does ADM pay a dividend?
Yes. Archer Daniels Midland pays $2.08 per share a year, a 2.60% yield. It has raised its dividend 42 years in a row. Dividends grew 7.2% a year over the last five years.
How much has ADM stock returned?
Including reinvested dividends, ADM returned +31.9% over one year, +6.9% a year over five years, +9.8% a year over ten years through October 23, 2026.
Is ADM stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Archer Daniels Midland must grow free cash flow about 14% a year for the next decade. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the ADM price target?
11 analysts cover ADM with an average 12-month price target of $80.30, +0% from the current price. 9% of them rate it a buy.
When does ADM report earnings?
Archer Daniels Midland is expected to report earnings on November 3, 2026. It has beaten EPS estimates 6 quarters in a row.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology