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Archer Daniels Midland ADM Business Segments

FY'25FY'24FY'23FY'22
Topic 606 Revenue by Business
Ag Services and Oilseeds$61.57B-7.4%$66.52B+270%$17.99B+780%$2.05B-96.9%
Carbohydrate Solutions$10.74B-4.4%$11.24B+180%$4.01B+314%$968M-91.3%
Nutrition$7.51B+2.2%$7.35B+304%$1.82B+2,837%$62M-99.1%
Topic 815 Revenue by Business
Ag Services and Oilseeds$53.08B-9.9%$58.9B$71.4B
Carbohydrate Solutions$2.23B-0.8%$2.25B$2.56B
Nutrition$0$0$0
Operating Profit, Adjusted by Business
Ag Services and Oilseeds$1.61B-34.0%$2.45B-39.8%$4.07B-7.6%$4.4B
Carbohydrate Solutions$1.21B-11.9%$1.38B+0.1%$1.38B-2.7%$1.41B
Nutrition$416M+7.8%$386M-9.6%$427M-36.1%$668M
Income (Loss) from Equity Method Investments by Business
Ag Services and Oilseeds$521M+10.1%$473M+3.1%$459M-35.7%$714M+42.8%
Carbohydrate Solutions$104M-18.8%$128M+68.4%$76M-19.1%$94M+34.3%
Nutrition$29M+3.6%$28M+33.3%$21M-8.7%$23M-4.2%
Interest and investment income by Business
Ag Services and Oilseeds$54M-35.7%$84M+55.6%$54M
Cost of materials by Business
Ag Services and Oilseeds$56.13B-7.0%$60.38B-8.2%$65.75B-9.3%$72.46B
Carbohydrate Solutions$6.68B-6.8%$7.17B-17.8%$8.73B-11.5%$9.87B
Nutrition$4.64B-0.2%$4.65B+0.9%$4.61B-6.0%$4.9B
Amortization expense by Business
Ag Services and Oilseeds$12M-14.3%$14M-17.6%$17M0.0%$17M
Carbohydrate Solutions$4M-33.3%$6M-25.0%$8M-11.1%$9M
Nutrition$156M-1.3%$158M+16.2%$136M-2.2%$139M
Currency translation adjustments and other by Business
Ag Services and Oilseeds$13M+176%-$17M-177%$22M
Carbohydrate Solutions$15M+288%-$8M$0
Nutrition$197M+255%-$127M-376%$46M
Depreciation expense by Business
Ag Services and Oilseeds$414M+9.8%$377M+7.7%$350M+4.8%$334M-4.3%
Carbohydrate Solutions$315M+4.0%$303M-0.3%$304M-1.0%$307M-4.7%
Nutrition$158M+3.9%$152M+15.2%$132M+10.0%$120M+18.8%
Goodwill, Acquired During Period by Business
Ag Services and Oilseeds$19M$0-100%$20M
Carbohydrate Solutions$7M$0$0
Nutrition$10M-98.2%$557M$0
Manufacturing costs by Business
Ag Services and Oilseeds$3.55B+3.2%$3.44B+2.9%$3.34B+6.5%$3.14B
Carbohydrate Solutions$2.66B+2.5%$2.59B+1.6%$2.55B+1.1%$2.52B
Nutrition$1.31B+4.6%$1.25B+9.9%$1.14B+5.7%$1.08B
Other segment items by Business
Ag Services and Oilseeds-$564M+15.3%-$666M-9.2%-$610M+52.2%-$1.28B
Carbohydrate Solutions-$137M+40.4%-$230M-123%-$103M+42.5%-$179M
Restructuring and exit costs by Business
Ag Services and Oilseeds$44M$5M
Nutrition$207M$18M
Selling, general, and administrative expenses by Business
Ag Services and Oilseeds$848M-7.7%$919M+4.4%$880M+4.9%$839M
Carbohydrate Solutions$327M+0.3%$326M+0.9%$323M-4.4%$338M
Nutrition$1.13B-3.4%$1.17B+12.8%$1.03B-0.6%$1.04B
Topic 815 Revenue by Product
Ag Services$35.79B-9.1%$39.38B$48.31B
Animal Nutrition$0$0$0
Crushing$9.98B-12.3%$11.37B$12.57B
Human Nutrition$0$0$0
Refined Products and Other$7.31B-10.3%$8.15B$10.52B
Starches and Sweeteners$2.23B-0.8%$2.25B$2.56B
Vantage Corn Processors$0$0$0
Revenue by Product
Ag Services$40.36B-8.4%$44.08B$53.18B+18.1%
Crushing$10.35B-12.5%$11.84B$13.14B+15.6%
Refined Products and Other$10.85B+2.4%$10.6B$13.24B+24.2%
Starches and Sweeteners$7.98B-7.0%$8.59B$10.25B+34.7%
Topic 606 Revenue by Product
Animal Nutrition$3.33B-2.3%$3.41B$3.87B+9.8%
Human Nutrition$4.19B+6.2%$3.94B$3.77B+18.2%
Vantage Corn Processors$2.76B+4.1%$2.65B$3.71B+6.0%

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Questions, answered.

How does Archer Daniels Midland break its business down?
Archer Daniels Midland (ADM) reports topic 606 revenue by business across 3 parts — Ag Services and Oilseeds, Carbohydrate Solutions and Nutrition. Each is extracted from the segment footnotes and tracked over time.
Where does Archer Daniels Midland's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Archer Daniels Midland's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.