•
Sep 30, 2021

ADM Q3 2021 Earnings Report

Reported earnings per share of $0.93, $0.97 on an adjusted basis and segment operating profit of $1.0B.

Key Takeaways

ADM reported a strong third quarter, driven by agile execution across its integrated supply chain, strong demand, robust crush margins, and continued growth in Nutrition. The company is on track for a strong fourth quarter and a second consecutive year of record earnings per share.

Q3 net earnings of $526 million; adjusted net earnings of $548 million

Segment operating profit of $1.0B

Adjusted EPS up 9% despite higher effective tax rate

Continued momentum, on track for strong Q4

Total Revenue
$20.3B
Previous year: $15.1B
+34.5%
EPS
$0.97
Previous year: $0.89
+9.0%
Gross Profit
$1.33B
Previous year: $1.04B
+27.3%
Cash and Equivalents
$1.08B
Previous year: $948M
+14.2%
Free Cash Flow
$2.56B
Previous year: -$1.28B
-300.2%
Total Assets
$52.3B
Previous year: $44.8B
+16.7%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

ADM remains optimistic in sustainable earnings growth in the medium term as it continues to execute its strategy, including the dynamic positioning of its business portfolio.

Revenue & Expenses

Visualization of income flow from segment revenue to net income