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Dec 31, 2024

ADM Q4 2024 Earnings Report

ADM reported mixed Q4 2024 results with GAAP EPS up but adjusted EPS and segment operating profit down year-over-year. The company announced cost-saving initiatives and a dividend increase.

Key Takeaways

ADM's Q4 2024 earnings showed a mixed performance. GAAP EPS increased, but adjusted EPS and total segment operating profit decreased compared to the prior year. The company is focusing on cost savings and has announced a dividend increase.

GAAP earnings per share were $1.17, up 10% from the prior year quarter.

Adjusted earnings per share were $1.14, down 16% versus the prior year quarter.

Total segment operating profit was $1,051 million, down 16% versus the prior year quarter.

Announced targeted actions to deliver $500 – 750 million in cost savings over the next several years.

Total Revenue
$21.5B
Previous year: $23B
-6.5%
EPS
$1.14
Previous year: $1.36
-16.2%
Gross Profit
$1.36B
Previous year: $1.06B
+28.0%
Cash and Equivalents
$857M
Previous year: $1.37B
-37.4%
Free Cash Flow
-$180M
Previous year: $2.13B
-108.5%

ADM

ADM

ADM Revenue by Segment

Forward Guidance

ADM expects adjusted earnings per share in the range of $4.00 to $4.75 per share for the full year 2025, reflecting weaker market fundamentals and on-going biofuel and trade policy uncertainty.

Positive Outlook

  • Focused on improving operational performance
  • Accelerating costs savings
  • Simplifying our portfolio
  • Targeted actions to deliver $500 – 750 million in cost savings over the next several years.
  • Maintaining disciplined and balanced approach to capital allocation

Challenges Ahead

  • Softer market conditions going into 2025
  • Policy uncertainty around the world going into 2025
  • Weaker market fundamentals
  • On-going biofuel policy uncertainty
  • Trade policy uncertainty

Revenue & Expenses

Visualization of income flow from segment revenue to net income