Company profile

Ticker
ADM
Exchange
Website
CEO
Juan Ricardo Luciano
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
Former names
Archer Daniels Midland Co
SEC CIK
IRS number
410129150

ADM stock data

(
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FINRA relative short interest over last month (20 trading days) ?

Calendar

18 Feb 20
5 Apr 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Dec 19 Sep 19 Jun 19 Mar 19
Revenue 16.33B 16.73B 16.3B 15.3B
Net income 504M 407M 235M 233M
Diluted EPS 0.9 0.72 0.42 0.41
Net profit margin 3.09% 2.43% 1.44% 1.52%
Net change in cash -80M 83M
Cash on hand 852M 932M 849M
Cost of revenue 15.16B 15.65B 15.33B 14.38B
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 64.66B 64.34B 60.83B 62.35B
Net income 1.38B 1.81B 1.6B 1.28B
Diluted EPS 2.44 3.19 2.79 2.16
Net profit margin 2.13% 2.81% 2.62% 2.05%
Net change in cash -1.15B 1.19B 185M -291M
Cash on hand 852M 2B 804M 619M
Cost of revenue 60.51B 60.16B 57.31B 58.73B

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
1 Apr 20 Kelvin R Westbrook Stock Units Common Stock Grant Aquire A 0 1,228.587 0 48,869.129
1 Apr 20 Lei Zhang Schlitz Stock Units Common Stock Grant Aquire A 0 1,228.587 0 4,365.861
1 Apr 20 Debra A. Sandler Stock Units Common Stock Grant Aquire A 0 1,228.587 0 15,909.806
1 Apr 20 Francisco J Sanchez Stock Units Common Stock Grant Aquire A 0 1,228.587 0 22,445.645
1 Apr 20 Patrick J Moore Stock Units Common Stock Grant Aquire A 0 1,228.587 0 65,725.395
78.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 755 713 +5.9%
Opened positions 103 67 +53.7%
Closed positions 61 98 -37.8%
Increased positions 230 259 -11.2%
Reduced positions 284 260 +9.2%
13F shares
Current Prev Q Change
Total value 20.32B 17.59B +15.5%
Total shares 438.42M 428.28M +2.4%
Total puts 2.83M 2.14M +31.7%
Total calls 3.93M 3.33M +17.9%
Total put/call ratio 0.7 0.6 +11.8%
Largest owners
Shares Value Change
State Farm Mutual Automobile Insurance 51.21M $2.37B -1.9%
Vanguard 44.95M $2.08B +0.6%
BLK BlackRock 38.45M $1.78B +0.6%
STT State Street 37.05M $1.72B +0.7%
Wellington Management 20.88M $967.69M +5.2%
MCQEF Macquarie 19.99M $926.48M +9.9%
Massachusetts Financial Services 12.11M $561.37M -1.1%
BK Bank Of New York Mellon 11.08M $513.4M +26.8%
NTRS Northern Trust 10.82M $501.6M -2.6%
IVZ Invesco 9.47M $439.05M -25.6%
Largest transactions
Shares Bought/sold Change
Norges Bank 5.52M +5.52M NEW
IVZ Invesco 9.47M -3.26M -25.6%
BK Bank Of New York Mellon 11.08M +2.34M +26.8%
MS Morgan Stanley 8.31M +2.33M +38.8%
MCQEF Macquarie 19.99M +1.79M +9.9%
Diamond Hill Capital Management 4.14M +1.69M +69.3%
Ceredex Value Advisors 1.28M +1.28M NEW
Citadel Advisors 1.29M +1.28M +9580.8%
Wellington Management 20.88M +1.04M +5.2%
Aqr Capital Management 517.24K -1.02M -66.3%

Financial report summary

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Risks
  • The availability and prices of the agricultural commodities and agricultural commodity products the Company procures, transports, stores, processes, and merchandises can be affected by climate change, weather conditions, disease, government programs, competition, and various other factors beyond the Company’s control and could adversely affect the Company’s operating results.
  • The Company has significant competition in the markets in which it operates.
  • Fluctuations in energy prices could adversely affect the Company’s operating results.
  • The Company is subject to economic downturns and regional economic volatilities, which could adversely affect the Company’s operating results.
  • The Company is subject to numerous laws, regulations, and mandates globally which could adversely affect the Company’s operating results and forward strategy.
  • Government policies, mandates, and regulations specifically affecting the agricultural sector and related industries; regulatory policies or matters that affect a variety of businesses; taxation polices; and political instability could adversely affect the Company’s operating results.
  • The Company is subject to industry-specific risks which could adversely affect the Company’s operating results.
  • The Company is exposed to potential business disruption including, but not limited to, disruption of transportation services, supply of non-commodity raw materials used in its processing operations, and other impacts resulting from acts of terrorism or war, natural disasters, severe weather conditions, and accidents which could adversely affect the Company’s operating results.
  • The Company’s business is capital-intensive in nature and the Company relies on cash generated from its operations and external financing to fund its growth and ongoing capital needs. Limitations on access to external financing could adversely affect the Company’s operating results.
  • The Company’s risk management strategies may not be effective.
  • The Company has limited control over and may not realize the expected benefits of its equity investments and joint ventures.
  • The Company’s information technology (IT) systems, processes, and sites may suffer interruptions, security breaches, or failures which may affect the Company’s ability to conduct its business.
  • The Company may fail to realize the benefits or experience delays in the execution of its growth strategy, encompassing organic and inorganic initiatives, outside the U.S. and in businesses where the Company does not currently have a large presence.
Management Discussion
  • Net earnings attributable to controlling interests decreased 24% or $0.4 billion, to $1.4 billion. Segment operating profit decreased 10% or $0.3 billion, to $2.9 billion, and included a net charge of $134 million consisting of asset impairment, restructuring, and settlement charges, gains on sale of certain assets, and a step-up gain on an equity investment. Included in segment operating profit in the prior year was a net charge of $89 million consisting of asset impairment, restructuring, and settlement charges and a net gain on sales of assets and businesses. Adjusted segment operating profit decreased $0.3 billion to $3.1 billion due to lower results in Ag Services, Crushing, and Carbohydrate Solutions, and lower equity earnings from Wilmar, partially offset by higher results in Refined Products and Other and Nutrition. Refined Products and Other in the current year included $270 million related to the biodiesel tax credit for 2018 and 2019 compared to $120 million for 2017 recorded in the prior year. Corporate results were a net charge of $1.4 billion in the current year, and included restructuring and pension settlement and remeasurement charges of $159 million primarily related to early retirement and reorganization initiatives, a loss on sale of the Company's equity investment in CIP of $101 million, and a charge of $37 million from the effect of changes in agricultural commodity prices on last-in, first-out (LIFO) inventory valuation reserves, compared to a credit of $18 million in the prior year. Corporate results in the prior year of $1.2 billion included a pension settlement charge of $117 million, a $49 million charge related to a discontinued software project, and restructuring charges of $24 million primarily related to the reorganization of IT services.
Content analysis ?
Positive
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Constraining
Legalese
Litigous
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