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Mar 31, 2021
ADM Q1 2021 Earnings Report
ADM delivered an outstanding first quarter, building on the great 2020 performance with strong earnings across all three businesses and a sixth consecutive quarter of year-over-year adjusted operating profit growth.
Key Takeaways
ADM reported an outstanding first quarter with strong earnings across all three businesses. The company achieved a sixth consecutive quarter of year-over-year adjusted operating profit growth. The outlook for 2021 has been substantially improved, with expectations of significant EPS growth and another record year.
Q1 net earnings of $689 million; adjusted net earnings of $783 million.
Adjusted segment operating profit up 86 percent year over year.
Ag Services and Oilseeds achieved a record Q1, with operating profits 84 percent higher year over year.
Calendar year outlook for 2021 substantially improved; expect significant EPS growth and another record year.
ADM
ADM
ADM Revenue by Segment
Revenue by Segment
Ag Services & Oilseeds Revenue
CapyFin.comCarbohydrate Solutions Revenue
CapyFin.comNutrition Revenue
CapyFin.com Forward Guidance
The outlook for 2021 is even more optimistic than previously shared. Expect significant year-over-year growth in earnings across all three businesses in 2021, and continued sustainable growth in the years to come.
Positive Outlook
- Expect significant year-over-year growth in earnings across all three of our businesses in 2021.
- Continued sustainable growth in the years to come.
- Favorable demand trends for many of our products.
- Expect that pattern to continue as vaccine rollouts accelerate and restrictions ease.
- Moving into the next phase of our strategic transformation, which will sharpen our focus on two key pillars — Productivity and Innovation
Revenue & Expenses
Visualization of income flow from segment revenue to net income