Income StatementBalance SheetCash FlowSegments
Archer Daniels Midland logo

Archer Daniels Midland Cash Flow Statement

Operating, investing, and financing cash movements

Archer Daniels Midland generated $6.3B in operating cash flow over the trailing twelve months. After $1.2B in capital expenditures, free cash flow was $4.8B. Free cash flow increased 0.4% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$6.3BNet Cash From Investing (TTM)-$1.0BNet Cash From Financing (TTM)-$3.3BCapital Expenditures (TTM)$1.2BDepreciation And Amortization Cf (TTM)$1.2BNet Change In Cash (TTM)$1.5B
Latest FilingQ1 2026
Report Date2026-05-05
Market Cap$39.2B
P/E Ratio36.30
ROE4.81%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other non-cash income (expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other non-cash income (expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Change in accounts payable—-$423.0M-$734.0M$520.0M—$245.0M
Change in accounts receivable$0.0$655.0M-$852.0M-$34.0M-$624.0M$726.0M
Change in accrued liabilities—-$244.0M-$153.0M-$405.0M-$21.0M$940.0M
Change in inventories—-$137.0M-$2.0B-$1.0B—$1.4B
Change in other current assets—-$263.0M$304.0M$149.0M-$862.0M$552.0M
Other working capital changes-$89.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Deferred income taxes-$23.0M-$42.0M-$17.0M$5.0M—-$112.0M
Depreciation and amortization$287.0M$287.0M$291.0M$296.0M$307.0M$293.0M
Distributions from equity method investments$29.0M$28.0M-$10.0M-$143.0M$349.0M$10.0M
Other Non-Cash Income (Expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other Non-cash Income (Expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other Non-cash Income (Expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Net cash from operating activities$322.0M-$342.0M$4.3B$1.8B$0.0$150.0M
Net income$561.0M$292.0M$217.0M$110.0M$454.0M$303.0M
Other non-cash income (expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Gain (Loss) on Disposition of Assets And Investment Revaluation$21.0M$26.0M-$176.0M$47.0M-$182.0M$57.0M
Income Loss From Equity Method Investments Net Of Dividends Or Distributions$29.0M$28.0M-$10.0M-$143.0M$349.0M$10.0M
Accounts payable—-$423.0M-$734.0M$520.0M—$245.0M
Other current liabilities—-$244.0M-$153.0M-$405.0M-$21.0M$940.0M
Increase (Decrease) in Other Current Assets—-$263.0M$304.0M$149.0M-$862.0M$552.0M
Other Noncash Income (Expense)-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other Non-cash Income and Expense-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other Non-Cash Adjustments-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Other Non-Cash Income and Expense-$164.0M$94.0M$10.0M-$94.0M$15.0M$39.0M
Change in Brokerage Client Payables—-$79.0M$787.0M$1.1B—$1.3B
Stock-based compensation$0.0$50.0M$22.0M$21.0M—$64.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Acquisitions, net of cash acquired$0.0$90.0M$5.0M$13.0M$0.0$0.0
Sales of short-term available-for-sale investments$21.0M$248.0M———$4.0M
Change in Restricted Investments$436.0M-$220.0M-$1.0B$1.1B$156.0M$64.0M
Capital expenditures$492.0M$291.0M$305.0M$296.0M$356.0M$194.0M
Payment for (Proceeds from) Other Investing Activity$28.0M-$5.0M$2.0M-$10.0M$19.0M-$36.0M
Sale of investments$21.0M$248.0M———$4.0M
Proceeds from sales of assets, businesses and investments$16.5M$10.0M———$26.0M
Net cash from investing activities-$700.0M-$129.0M-$262.0M-$253.0M-$373.0M-$128.0M
Other investing activities—-$5.0M$2.0M-$10.0M$19.0M-$36.0M
Proceeds from maturities/sales of investments$84.0M$248.0M$19.0M$9.0M$1.0M$4.0M
Purchases of investments$308.0M$11.0M$0.0$0.0$32.0M$0.0

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Dividends paid$241.0M$247.0M$248.0M$248.0M$244.0M$254.0M
Other, net-$16.0M-$29.0M$6.0M$2.0M$0.0-$53.0M
Proceeds from (Repayments of) Short-Term Debt$173.0M$863.0M-$1.9B-$609.0M—$919.0M
Payment of Deferred Purchase Consideration-$16.0M-$29.0M$6.0M$2.0M$0.0-$53.0M
Noncontrolling interest transactions and other-$16.0M-$29.0M$6.0M$2.0M$0.0-$53.0M
Net cash from financing activities-$65.0M$587.0M-$2.2B-$1.6B—$612.0M
Other financing activities-$15.0M-$29.0M$6.0M$2.0M$0.0-$53.0M
Noncontrolling Interests Activity and Other-$16.0M-$29.0M$6.0M$2.0M$0.0-$53.0M
Net change in short-term borrowings$173.0M$863.0M-$1.9B-$609.0M—$919.0M
Net Change in Short-term Borrowings and Indebtedness to Subsidiaries$173.0M$863.0M-$1.9B-$609.0M—$919.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow—-$633.0M$4.0B$1.5B—-$44.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$30.0M$16.0M$18.0M-$7.0M$6.0M-$27.0M
Net increase (decrease) in cash-$473.0M$132.0M$1.9B-$69.0M—$607.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$164.5M$97.3M$97.3M$97.3M$97.3M—
Interest paid$177.5M$157.3M$157.3M$157.3M$157.3M—