Archer-Daniels-Midland Company
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Archer-Daniels-Midland Company's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 8% to $93,935,000,000. Profit margin reached 4%. Total operating expenses were $3,456,000,000.
Profit Margin
| 2014 | 81.20B | 2.24B | 2.77% |
|---|---|---|---|
| 2015 | 67.70B | 1.84B | 2.73% |
| 2016 | 62.34B | 1.27B | 2.05% |
| 2017 | 60.82B | 1.59B | 2.62% |
| 2018 | 64.34B | 1.81B | 2.81% |
| 2019 | 64.65B | 1.37B | 2.13% |
| 2020 | 64.35B | 1.77B | 2.75% |
| 2021 | 85.24B | 2.70B | 3.18% |
| 2022 | 101.84B | 4.34B | 4.26% |
| 2023 | 93.93B | 3.48B | 3.71% |
ADM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 93.93B | 101.84B | 85.24B | 64.35B | 64.65B | 64.34B | 60.82B | 62.34B | 67.70B | 81.20B |
Cost of revenue | 86.42B | 94.27B | 79.26B | 59.90B | 60.50B | 60.16B | 57.32B | 58.66B | 63.68B | 76.43B |
Gross profit | 7.51B | 7.57B | 5.98B | 4.45B | 4.14B | 4.18B | 3.50B | 3.68B | 4.02B | 4.76B |
Operating exp. | ||||||||||
Research and development | 256M | 216M | 171M | 160M | 154M | 141M | 129M | 123M | 122M | 79M |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 3.45B | 3.35B | 2.99B | 2.68B | 2.49B | 2.16B | 1.99B | 2.04B | 2.01B | 1.90B |
Operating income | 4.05B | 5.69B | 3.77B | 2.71B | 2.29B | 1.81B | 1.28B | 1.43B | 1.77B | 2.61B |
Other income (expenses), net | 237M | -462M | -465M | 117M | -705M | 246M | 96M | 384M | 274M | 269M |
Income before tax | 4.29B | 5.23B | 3.31B | 1.88B | 1.58B | 2.06B | 1.60B | 1.82B | 2.28B | 3.13B |
Income tax expense | 828M | 868M | 578M | 101M | 209M | 245M | 7M | 534M | 438M | 877M |
Net income | 3.48B | 4.34B | 2.70B | 1.77B | 1.37B | 1.81B | 1.59B | 1.27B | 1.84B | 2.24B |
Earnings per share | ||||||||||
Basic EPS | 6.44 | 7.72 | 4.8 | 3.16 | 2.45 | 3.21 | 2.8 | 2.18 | 2.99 | 3.44 |
Diluted EPS | 6.43 | 7.71 | 4.79 | 3.15 | 2.44 | 3.19 | 2.79 | 2.16 | 2.98 | 3.43 |
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