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Mar 31, 2023

ADM Q1 2023 Earnings Report

ADM's Q1 2023 performance demonstrated the company's ability to deliver results through a rapidly evolving external environment.

Key Takeaways

ADM reported strong first-quarter results, demonstrating its ability to navigate a rapidly evolving external environment. The company's integrated value chain and broad portfolio supported strong earnings across its business segments.

Ag Services & Oilseeds and Carbohydrate Solutions managed market volatility and delivered strong margins.

Human Nutrition saw healthy pipeline growth, supporting confidence in earnings growth.

ADM's balance sheet and cash flows position the company to invest in profitable growth.

First quarter EPS as reported of $2.12.

Total Revenue
$24.1B
Previous year: $23.7B
+1.8%
EPS
$2.09
Previous year: $1.9
+10.0%
Gross Profit
$2.08B
Previous year: $1.9B
+9.6%
Cash and Equivalents
$899M
Previous year: $1.08B
-16.7%
Free Cash Flow
-$1.94B
Previous year: -$1.42B
+36.1%
Total Assets
$38.8B
Previous year: $40.7B
-4.5%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

ADM did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income