Archer-Daniels-Midland Co
ADM · Fats & Oils · 482.0M shares · -1%/yr ↓ buyback · EDGAR filings ↗
Net buyback after stock comp: $2.6B (gross $2.7B, SBC $112M)
Reference price $73.50 · est. market cap ~$35.4B — last insider sale, 2026-03-13 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C63Scaled but low-margin commodity processor in a clear down-year with margin compression and impairments.
Strengths
- Strong absolute FCF $4.2B (97th pct) and revenue growth +10% (75th pct)
- Diversified ag/oilseeds/nutrition footprint with leading scale
Risks
- Net income fell 40% (23rd pct) on crush-margin compression, plus ~$495M of impairment/restructuring charges
- Razor-thin gross margin 6.3% (6th pct) and net margin 1.3%; quick ratio 0.83 (25th pct)
- Commodity/trade-policy and timing-driven earnings volatility
Notable findings
- Exec changeRecent 8-K item 5.02 8-K ↗
- Strong balance sheetStrong balance sheet — $1.0B cash & investments
- Insider buyingInsider buying — 1 open-market buy(s) by 1 insider(s) (~$486,720, last 6mo) Form 4 ↗
- Insider sellingInsider selling — 4 open-market sale(s) by 4 insider(s) (cluster of 4 insiders, ~$10M, last 6mo) Form 4 ↗
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
6.3%
Net margin
1.3%
Return on assets
2.1%
Revenue growth (QoQ)
10.4%
Net-income growth
-40.1%
Current ratio
1.4×
Free cash flow
$4.2B
Cash & investments
$1.0B
Stock comp / revenue
0.1%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-03-20 | LUCIANO JUAN R | Tax withheld | 17K | $68.64 |
| 2026-03-18 | Weber Jennifer L | Tax withheld | 2.0K | $72.12 |
| 2026-03-18 | Pinner Ian R | Tax withheld | 2.9K | $72.12 |
| 2026-03-18 | Jones Regina | Tax withheld | 2.4K | $72.12 |
| 2026-03-18 | Cuddy Christopher M | Tax withheld | 3.0K | $72.12 |
| 2026-03-18 | Morris Gregory A | Tax withheld | 3.2K | $72.12 |
| 2026-03-13 | Pinner Ian R | Sell | 34K | $71.53 |
| 2026-03-13 | Cuddy Christopher M | Sell | 35K | $73.50 |
| 2026-03-10 | Morris Gregory A | Sell | 50K | $68.48 |
| 2026-03-03 | Nichol Carrie Ann | Tax withheld | 5.4K | $69.61 |
| 2026-02-17 | Weber Jennifer L | Sell | 25K | $67.04 |
| 2026-02-13 | Cuddy Christopher M | Tax withheld | 4.3K | $69.50 |
| 2026-02-13 | Jones Regina | Tax withheld | 3.0K | $69.50 |
| 2026-02-13 | Weber Jennifer L | Tax withheld | 2.5K | $69.50 |
| 2026-02-13 | LUCIANO JUAN R | Tax withheld | 23K | $69.50 |
| 2026-02-13 | Pinner Ian R | Tax withheld | 3.8K | $69.50 |
| 2026-02-13 | Morris Gregory A | Tax withheld | 4.3K | $69.50 |
| 2026-02-13 | Patolawala Monish D | Tax withheld | 9.2K | $69.50 |
| 2026-02-12 | Morris Gregory A | Grant | 19K | — |
| 2026-02-12 | Nichol Carrie Ann | Grant | 7.6K | — |
| 2026-02-12 | Weber Jennifer L | Grant | 13K | — |
| 2026-02-12 | Pinner Ian R | Grant | 18K | — |
| 2026-02-12 | Patolawala Monish D | Grant | 40K | — |
| 2026-02-12 | LUCIANO JUAN R | Grant | 106K | — |
| 2026-02-12 | Jones Regina | Grant | 16K | — |
| 2026-02-12 | Cuddy Christopher M | Grant | 23K | — |
| 2026-02-09 | Morris Gregory A | Tax withheld | 5.1K | $66.33 |
| 2026-02-09 | Cuddy Christopher M | Tax withheld | 1.6K | $66.33 |
| 2026-02-09 | Cuddy Christopher M | Tax withheld | 4.8K | $66.33 |
| 2026-02-09 | Jones Regina | Tax withheld | 3.3K | $66.33 |
| 2026-02-09 | Morris Gregory A | Tax withheld | 1.6K | $66.33 |
| 2026-02-09 | LUCIANO JUAN R | Tax withheld | 36K | $66.33 |
| 2026-02-09 | Weber Jennifer L | Tax withheld | 1.1K | $66.33 |
| 2026-02-09 | Weber Jennifer L | Tax withheld | 2.7K | $66.33 |
| 2026-02-09 | LUCIANO JUAN R | Tax withheld | 13K | $66.33 |
| 2026-02-09 | Pinner Ian R | Tax withheld | 1.2K | $66.33 |
| 2026-02-09 | Pinner Ian R | Tax withheld | 3.0K | $66.33 |
| 2026-02-05 | McAtee David R II | Buy | 7.5K | $64.90 |
| 2026-02-05 | LUCIANO JUAN R | Option exercise | 581K | $33.18 |
| 2026-02-05 | LUCIANO JUAN R | Tax withheld | 415K | $67.34 |
| 2026-02-04 | LUCIANO JUAN R | Grant | 82K | — |
| 2026-02-04 | Jones Regina | Grant | 11K | — |
| 2026-02-04 | Weber Jennifer L | Grant | 9.2K | — |
| 2026-02-04 | Pinner Ian R | Grant | 10K | — |
| 2026-02-04 | Morris Gregory A | Grant | 15K | — |
| 2026-02-04 | Cuddy Christopher M | Grant | 14K | — |
| 2026-02-02 | Patolawala Monish D | Tax withheld | 34K | $67.31 |
| 2026-01-02 | Harrison Suzan F. | Option exercise | 4.8K | — |
| 2026-01-02 | WESTBROOK KELVIN R | Option exercise | 7.6K | — |
| 2026-01-02 | WESTBROOK KELVIN R | Disposition | 7.6K | $58.28 |
| 2026-01-02 | Schlitz Lei Zhang | Option exercise | 4.8K | — |
| 2026-01-02 | Schlitz Lei Zhang | Disposition | 4.8K | $58.28 |
| 2026-01-02 | Sandler Debra A. | Option exercise | 4.8K | — |
| 2026-01-02 | Sandler Debra A. | Disposition | 4.8K | $58.28 |
| 2026-01-02 | Harrison Suzan F. | Disposition | 4.8K | $58.28 |
| 2026-01-02 | Burke Michael S | Option exercise | 4.8K | — |
| 2026-01-02 | Burke Michael S | Disposition | 4.8K | $58.28 |
| 2025-09-05 | Jones Regina | Tax withheld | 11K | $61.94 |
| 2025-08-01 | Patolawala Monish D | Tax withheld | 25K | $54.18 |
| 2025-03-20 | LUCIANO JUAN R | Tax withheld | 17K | $46.93 |
| 2025-03-19 | Jones Regina | Tax withheld | 1.6K | $47.99 |
| 2025-03-18 | Cuddy Christopher M | Tax withheld | 3.1K | $47.99 |
| 2025-03-18 | Morris Gregory A | Tax withheld | 3.3K | $47.99 |
| 2025-03-18 | Weber Jennifer L | Tax withheld | 2.1K | $47.99 |
| 2025-03-18 | Pinner Ian R | Tax withheld | 3.0K | $47.99 |
| 2025-03-03 | Nichol Carrie Ann | Grant | 32K | — |
| 2025-02-13 | Weber Jennifer L | Grant | 19K | — |
| 2025-02-13 | Strader Fruit Molly L | Grant | 5.3K | — |
| 2025-02-13 | Pinner Ian R | Grant | 26K | — |
| 2025-02-13 | Patolawala Monish D | Grant | 61K | — |
| 2025-02-13 | Morris Gregory A | Grant | 29K | — |
| 2025-02-13 | LUCIANO JUAN R | Grant | 155K | — |
| 2025-02-13 | Jones Regina | Grant | 24K | — |
| 2025-02-13 | Cuddy Christopher M | Grant | 29K | — |
| 2025-02-10 | Weber Jennifer L | Tax withheld | 8.3K | $45.76 |
| 2025-02-10 | Weber Jennifer L | Tax withheld | 1.6K | $45.76 |
| 2025-02-10 | Weber Jennifer L | Tax withheld | 3.3K | $45.76 |
| 2025-02-10 | Pinner Ian R | Tax withheld | 1.7K | $45.76 |
| 2025-02-10 | Pinner Ian R | Tax withheld | 4.3K | $45.76 |
| 2025-02-10 | Pinner Ian R | Tax withheld | 7.2K | $45.76 |
| 2025-02-10 | Strader Fruit Molly L | Tax withheld | 922 | $45.76 |
| 2025-02-10 | Strader Fruit Molly L | Tax withheld | 1.0K | $45.76 |
| 2025-02-10 | Morris Gregory A | Tax withheld | 2.5K | $45.76 |
| 2025-02-10 | Morris Gregory A | Tax withheld | 4.9K | $45.76 |
| 2025-02-10 | Morris Gregory A | Tax withheld | 6.2K | $45.76 |
| 2025-02-10 | LUCIANO JUAN R | Tax withheld | 13K | $45.76 |
| 2025-02-10 | LUCIANO JUAN R | Tax withheld | 34K | $45.76 |
| 2025-02-10 | LUCIANO JUAN R | Tax withheld | 41K | $45.76 |
| 2025-02-10 | Cuddy Christopher M | Tax withheld | 2.4K | $45.76 |
| 2025-02-10 | Cuddy Christopher M | Tax withheld | 4.9K | $45.76 |
| 2025-02-10 | Cuddy Christopher M | Tax withheld | 6.2K | $45.76 |
| 2025-02-10 | Weber Jennifer L | Grant | 19K | — |
| 2025-02-10 | Pinner Ian R | Grant | 16K | — |
| 2025-02-10 | Strader Fruit Molly L | Tax withheld | 312 | $45.76 |
| 2025-02-07 | Strader Fruit Molly L | Grant | 3.5K | — |
| 2025-02-07 | Morris Gregory A | Grant | 14K | — |
| 2025-02-07 | LUCIANO JUAN R | Grant | 77K | — |
| 2025-02-07 | Cuddy Christopher M | Grant | 14K | — |
| 2025-02-03 | Patolawala Monish D | Tax withheld | 18K | $51.23 |
| 2025-01-02 | Burke Michael S | Option exercise | 6.0K | — |
| 2025-01-02 | Burke Michael S | Disposition | 6.0K | $50.71 |
| 2025-01-02 | Harrison Suzan F. | Option exercise | 6.0K | — |
| 2025-01-02 | Schlitz Lei Zhang | Option exercise | 3.6K | — |
| 2025-01-02 | Harrison Suzan F. | Disposition | 6.0K | $50.71 |
| 2025-01-02 | WESTBROOK KELVIN R | Option exercise | 6.0K | — |
| 2025-01-02 | Schlitz Lei Zhang | Disposition | 3.6K | $50.71 |
| 2025-01-02 | WESTBROOK KELVIN R | Disposition | 6.0K | $50.71 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-05-12 | Exec/director changeShareholder vote | filing ↗ |
| 2026-05-05 | ResultsExhibits | filing ↗ |
| 2026-03-10 | Exec/director changeReg FDExhibits | filing ↗ |
| 2026-02-03 | ResultsExhibits | filing ↗ |
| 2026-01-28 | OtherExhibits | filing ↗ |
| 2025-11-04 | ResultsExhibits | filing ↗ |
| 2025-09-23 | Reg FDExhibits | filing ↗ |
| 2025-08-05 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-05-12 | 2026-05-07 | 0000007084-26-000027 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0000007084-26-000023 ↗ |
| 8-K | 2026-05-05 | 2026-05-05 | 0000007084-26-000021 ↗ |
| 8-K | 2026-03-10 | 2026-03-09 | 0001193125-26-100440 ↗ |
| 10-K | 2026-02-17 | 2025-12-31 | 0000007084-26-000011 ↗ |
| 8-K | 2026-02-03 | 2026-02-03 | 0000007084-26-000005 ↗ |
| 8-K | 2026-01-28 | 2026-01-27 | 0001193125-26-025560 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0000007084-25-000049 ↗ |
| 10-Q | 2025-11-04 | 2025-09-30 | 0000007084-25-000052 ↗ |
| 8-K | 2025-09-23 | 2025-09-23 | 0001193125-25-213422 ↗ |
| 10-Q | 2025-08-05 | 2025-06-30 | 0000007084-25-000042 ↗ |
| 8-K | 2025-08-05 | 2025-08-05 | 0000007084-25-000040 ↗ |