•
Jun 30, 2021

ADM Q2 2021 Earnings Report

ADM delivered record earnings, with strong year-over-year profit growth across all three business units.

Key Takeaways

ADM reported record second-quarter earnings, driven by strong performance across all business units. The company's transformation and productivity efforts, combined with its global footprint and risk management, supported outstanding results. Innovation also contributed to record top-line and bottom-line results in Nutrition.

Q2 net earnings of $712 million; adjusted net earnings of $754 million

Segment operating profit up more than 40%

ROIC of 9.7%, significantly higher than the prior-year period’s 8.1%

27% year-over-year Q2 operating profit growth in Nutrition, raising segment’s OP growth expectations for full year to 20%

Total Revenue
$22.9B
Previous year: $16.3B
+40.8%
EPS
$1.33
Previous year: $0.85
+56.5%
Gross Profit
$1.46B
Previous year: $1.11B
+32.0%
Cash and Equivalents
$869M
Previous year: $1.2B
-27.8%
Free Cash Flow
$2.46B
Previous year: $53M
+4534.0%
Total Assets
$35B
Previous year: $32.1B
+9.0%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

Given our great start to the year and our expectation of continued momentum in the second half, we are confident in delivering very strong full-year earnings, and we remain well-positioned for robust, sustained growth in the years to come.

Revenue & Expenses

Visualization of income flow from segment revenue to net income