Archer-Daniels-Midland Co (ADM) closed fiscal year 2025 with a gross margin of 6.3 % and a net margin of 1.3 %.
Archer-Daniels-Midland Co (ADM) closed fiscal year 2025 with a gross margin of 6.3 % and a net margin of 1.3 %. The same year shows an EBITDA margin of 3.8 % and an EBIT margin of 2.3 %. The free cash flow margin was 5.2 %. Against the previous year the gross margin moved −0.5 pp and the net margin −0.8 pp. Across the period the gross margin ranges between 4.0 % in 2012 and 8.0 % in 2023. The series covers 14 fiscal years, from 2012 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 4.00 % | 4.33 % | 5.87 % | 5.86 % | 5.80 % | 5.78 % | 6.50 % | 6.41 % | 6.92 % | 7.02 % | 7.45 % | 8.00 % | 6.76 % | 6.27 % |
| EBITDA margin (%) | — | 3.21 % | 4.62 % | 4.16 % | 4.13 % | 4.15 % | 4.82 % | 4.00 % | — | — | 6.56 % | 6.39 % | 4.80 % | 3.80 % |
| EBIT margin (%) | — | 2.19 % | 3.52 % | 2.86 % | 2.68 % | 2.63 % | 3.36 % | 2.47 % | — | — | 5.54 % | 5.26 % | 3.46 % | 2.33 % |
| Net margin (%) | 1.52 % | 1.49 % | 2.77 % | 2.73 % | 2.05 % | 2.62 % | 2.81 % | 2.13 % | 2.75 % | 3.18 % | 4.27 % | 3.71 % | 2.10 % | 1.34 % |
| FCF margin (%) | 1.21 % | 4.80 % | 4.99 % | 0.86 % | -11.85 % | -11.53 % | -8.74 % | -9.71 % | -4.99 % | 6.36 % | 2.13 % | 3.16 % | 1.43 % | 5.24 % |
