Archer-Daniels-Midland Company
Financial ratios & Valuation

Forward Multiples (2025 – 2026)

20252026
Price/Earnings ratio
11.0611.22
Price/Sales ratio
0.360.35
Earnings per Share (EPS)
$5.42$5.35

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
15.1012.2520.9814.2912.7618.9215.9514.0712.0211.2113.5512.76
Price/Sales ratio
0.410.330.430.370.350.400.430.440.510.410.270.40
Price/Book Value ratio
1.731.261.561.241.211.351.411.692.141.611.101.35
Price/Cash Flow ratio
6.739.8918.1910.31-4.83-4.78-11.855.7815.008.764.83-4.83
Price/Free Cash Flow ratio
8.1819.4245.2619.62-4.10-4.15-8.817.0224.1613.176.85-4.10
Price/Earnings Growth ratio
0.21-0.93-0.770.500.87-0.790.550.270.19-0.67-12.06-0.79
Dividend Yield
1.83%3.03%2.61%3.20%3.28%3.02%2.86%2.18%1.72%2.50%3.95%3.28%
Profitability Indicator Ratios
Gross Profit Margin
5.87%5.93%5.90%5.76%6.49%6.41%6.91%7.02%7.43%7.99%6.47%6.41%
Operating Profit Margin
3.22%2.61%2.30%2.11%2.81%3.54%4.21%4.43%5.59%4.31%2.28%3.54%
Pretax Profit Margin
3.85%3.37%2.92%2.64%3.20%2.45%2.92%3.88%5.13%4.57%2.66%2.45%
Net Profit Margin
2.76%2.73%2.05%2.62%2.81%2.13%2.75%3.17%4.26%3.70%2.06%2.13%
Effective Tax Rate
28.01%19.17%29.30%0.43%11.89%13.16%5.36%17.44%16.58%19.28%24.23%11.89%
Return on Assets
5.10%4.60%3.21%3.99%4.43%3.13%3.56%4.82%7.26%6.37%3.44%3.13%
Return On Equity
11.48%10.33%7.44%8.70%9.53%7.17%8.86%12.05%17.87%14.43%7.86%7.17%
Return on Capital Employed
9.21%6.65%5.40%4.70%6.24%7.57%8.59%11.05%16.00%11.27%5.99%7.57%
Liquidity Ratios
Current Ratio
1.661.611.591.581.741.551.50N/AN/AN/A1.401.55
Quick Ratio
1.061.000.920.850.990.880.850.790.850.950.830.88
Cash ratio
0.070.060.040.060.160.060.030.040.040.070.040.06
Days of Sales Outstanding
21.3325.1217.3622.5717.3721.0328.2624.7027.1225.2424.7317.37
Days of Inventory outstanding
44.7647.2454.9458.4053.4655.3171.3766.6857.1850.4948.1955.31
Operating Cycle
66.1072.3672.3180.9870.8476.3599.6391.3984.3175.7472.9370.84
Days of Payables Outstanding
20.6519.9122.4324.7921.5022.5927.2629.4130.2026.6622.0221.50
Cash Conversion Cycle
45.4452.4549.8756.1849.3353.7572.3761.9754.1049.0750.9049.33
Debt Ratios
Debt Ratio
0.120.140.170.180.200.200.200.160.150.150.190.20
Debt Equity Ratio
0.280.320.400.400.440.460.490.420.370.350.450.44
Long-term Debt to Capitalization
0.220.240.270.260.280.280.280.260.240.250.250.28
Total Debt to Capitalization
0.220.240.280.290.300.310.330.290.270.260.310.30
Interest Coverage Ratio
8.486.525.594.585.534.115.20N/AN/AN/A2.874.11
Cash Flow to Debt Ratio
0.890.380.210.29-0.57-0.61-0.230.690.370.510.50-0.57
Company Equity Multiplier
2.242.242.312.182.152.292.482.492.462.262.372.15
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.060.030.020.03-0.07-0.08-0.030.070.030.040.05-0.07
Free Cash Flow / Operating Cash Flow Ratio
0.820.500.400.521.171.151.340.820.620.660.701.15
Cash Flow Coverage Ratio
0.890.380.210.29-0.57-0.61-0.230.690.370.510.50-0.57
Short Term Coverage Ratio
38.2023.383.452.54-6.93-4.35-1.154.312.4011.012.05-6.93
Dividend Payout Ratio
27.75%37.15%54.80%45.76%41.87%57.21%45.65%30.78%20.71%28.05%54.67%41.87%