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Dec 31, 2021

ADM Q4 2021 Earnings Report

Reported outstanding results with fourth quarter earnings per share of $1.38, $1.50 on an adjusted basis.

Key Takeaways

ADM reported record results driven by the success of their growth strategy and strong execution, successfully navigating supply chain challenges and capitalizing on favorable demand dynamics. The company is advancing productivity and innovation actions to accelerate earnings growth and is well-positioned to capitalize on strong crush margins, a healthy ethanol market, and a robust Nutrition sales pipeline.

Full-year 2021 net earnings of $2.7 billion; adjusted net earnings of $2.9 billion.

Full-year 2021 segment operating profit up 34%, 38% on an adjusted basis.

2021 ROIC meets 10% objective.

Announcing 8% increase in quarterly dividend.

Total Revenue
$23.1B
Previous year: $18B
+28.4%
EPS
$1.5
Previous year: $1.21
+24.0%
Gross Profit
$1.65B
Previous year: $1.35B
+22.0%
Cash and Equivalents
$943M
Previous year: $666M
+41.6%
Free Cash Flow
$287M
Previous year: -$1.14B
-125.3%
Total Assets
$35.7B
Previous year: $33.6B
+6.4%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

Confident in strategic plan continuing to deliver, expecting another very strong performance in 2022 as progress towards strategic plan’s next earnings milestone of $6.00-$7.00 per share.

Revenue & Expenses

Visualization of income flow from segment revenue to net income