OakChart

Archer Daniels Midland Co

ADMConsumer Defensive·Farm Products·USA·Large·NYSE·Nov 13 • 6:53 AM ET

71.00+0.03 (0.04%)
2026-11-13 13:00 CET
Market cap
$33.79B
Revenue, TTM
84,114.00 USD m
Net income, TTM
2,483.00 USD m
Free cash flow, TTM
346.00 USD m
EPS diluted, TTM
5.13
Price / earnings
13.85
Compare

Price

ADM against its 20, 50 and 200-day averages
Terms2050200Beat
Patternshover a marker to name it
RS 66Sales 21,862Price21,03521,83370.0080.0090.005.4M10.8MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26ADMclose 71.0020-day 74.8850-day 79.79200-day 76.7171.0052w high 88.7552-week range, not 6 months

20.0% under the 52-week high of 88.75 on 10 Sep 2026. 52-week low 56.80 on 19 Nov 2025. Last 15 sessions, 18.0% high to low

Volume 0.00× normal · the line is the 50-bar volume average

Setup. RS line 66
CANSLIM 4 of 6 — fails: 52-Week High/Low: 0-10% below High; Performance: Year +50%
VCP 4 of 6 — fails: 200-Day Simple Moving Average: Price above SMA200; 52-Week High/Low: 0-10% below High
Minervini 1 of 4 — fails: 200-Day Simple Moving Average: Price above SMA200; 52-Week High/Low: 0-10% below High; Performance: Year +50%
Zanger 0 of 5 — fails: RSI (14): Not Oversold (>50); Performance: Week +10%; 20-Day High/Low: 0-5% below High; Relative Volume: Over 1.5; 200-Day Simple Moving Average: Price above SMA200
Leaders 1 of 5 — fails: 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%; 52-Week High/Low: 0-10% below High
Breakout 0 of 4 — fails: 52-Week High/Low: New High; Relative Volume: Over 2; 50-Day Simple Moving Average: Price above SMA50; 200-Day Simple Moving Average: Price above SMA200
Growth 2 of 4 — fails: EPS Growth Next Year: High (>25%); Return on Equity: Over +15%
Quality 2 of 5 — fails: Return on Equity: Over +15%; Net Profit Margin: High (>20%); Debt/Equity: Low (<0.1)
Value 2 of 4 — fails: Return on Equity: Over +15%; Debt/Equity: Low (<0.1)
Income 3 of 4 — fails: Payout Ratio: Low (<20%)
Small Cap 1 of 4 — fails: Float: Under 100M; 200-Day Simple Moving Average: Price above SMA200; Performance: Year +50%
Accumulation 2 of 4 — fails: Institutional Transactions: Over +10%; 200-Day Simple Moving Average: Price above SMA200
Relative Strength 1 of 3 — fails: Performance: Year +100%; 200-Day Simple Moving Average: Price above SMA200

Profile

ADM
52-week range, 44% of the way up
56.8088.75

Archer-Daniels-Midland Co. engages in the production of oilseeds, corn, wheat, cocoa, and other agricultural commodities. It operates through the following segments: Ag Services and Oilseeds, Carbohydrate Solutions, Nutrition, and Other. The Ag Services and Oilseeds segment includes activities related to the origination, merchandising, transportation, and storage of agricultural raw materials, and the crushing and further processing of oilseeds such as soybeans and soft seeds cottonseed, sunflower seed, canola, rapeseed, and flaxseed into vegetable oils and protein meals. The Carbohydrate Solutions segment consists of corn and wheat wet and dry milling and other activities. The Nutrition segment serves various end markets including food, beverages, nutritional supplements, and feed and premix for livestock, aquaculture, and pet food. The Other segment refers to the company's remaining operations. The company was founded in 1902 and is headquartered in Chicago, IL.

IndexS&P 500, RUI
Employees41496
IPODec 24, 1924
Beta0.62
ATR, 14d1.90
Rel volume0.00
Short float2.62%
Insider own0.69%
Inst own91.43%

Snapshot

6 groups

Valuation

IndexS&P 500, RUI
Market Cap$33.79B
Enterprise Value38.37B
Income2.48B
Sales84.11B
Book / share49.90
Cash / share12.16
Dividend Est.2.13 (3.00%)
Dividend TTM2.07 (2.92%)
Dividend Ex-DateNov 18, 2026
Dividend Gr. 3/5Y8.44% 7.21%
Payout91.59%
Employees41496
IPODec 24, 1924

Ratios

Price / earnings13.85
Forward price / earnings12.16
Price / earnings / growth0.61
Price / sales0.40
Price / book1.42
Price / cash5.84
Price / free cash flow97.66
Value / cash profit10.80
Value / sales0.46
Quick Ratio0.88
Current Ratio1.45
Debt / equity0.42
Long-term debt / equity0.35
Options and shortYes / Yes

Earnings

Earnings / share5.13
Earnings next year5.84
Earnings next quarter1.38
Earnings this year64.23%
Earnings next year3.67%
Earnings growth, 5 years19.87%
Past earnings growth-33.89% -6.68%
Past sales growth-7.53% 4.52%
Earnings vs last year107.64%
Sales vs last year1.03%
Earnings vs last quarter660.33%
Sales vs last quarter9.60%
EarningsNov 03 BMO
Surprise10.43% -4.00%

Ownership

Insiders own0.69%
Insider trades0.09%
Institutions own91.43%
Institution trades1.15%
Return on assets4.63%
Return on equity10.72%
Return on capital7.69%
Gross Margin7.32%
Operating margin2.81%
Profit Margin2.95%
20-day average-5.18%
50-day average-11.01%
200-day average-7.44%

Technical

Shares out478.00M
Shares floating472.62M
Short / float2.62%
Short ratio3.59
Short interest12.38M
52-week high88.75 -20.0%
52-week low56.80 +25.0%
Volatility2.09% 2.59%
Average range1.90
Strength index31.27
Market sensitivity0.62
Relative volume0.00
Avg Volume3.45M
Volume226

Performance

Perf Week1.47%
Perf Month-14.39%
Perf Quarter-12.66%
Perf Half Y-11.69%
Perf YTD23.50%
Perf Year20.69%
Perf 3Y-2.79%
Perf 5Y7.69%
Perf 10Y70.14%
Recommendation2.77
Target Price82.78
Prev Close70.97
Price71.00
Change %0.04%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Nov 04, 2026UpgradeJP MorganUnderweight → Neutral$75+5.6%
Aug 05, 2026UpgradeMorgan StanleyUnderweight → Equal-Weight$79+11.3%
Dec 16, 2025DowngradeMorgan StanleyEqual-Weight → Underweight$50-29.6%
Nov 05, 2025DowngradeJP MorganNeutral → Underweight$59-16.9%
Aug 20, 2025ResumedJP MorganNeutral$61-14.1%
Aug 06, 2025UpgradeBarclaysUnderweight → Equal Weight$61-14.1%
May 19, 2025UpgradeUBSNeutral → Buy$60-15.5%
May 08, 2025DowngradeBofA SecuritiesNeutral → Underperform$45-36.6%
Apr 15, 2025UpgradeBofA SecuritiesUnderperform → Neutral$47-33.8%
Jan 14, 2025DowngradeBofA SecuritiesNeutral → Underperform$63 → $54-23.9%

Peers

Mkt cap
TickerCompanyMkt cap
BGBunge Global SA19.21B
INGRIngredion Inc5.78B
ANDEAndersons Inc1.86B
DARDarling Ingredients Inc8.58B
TSNTyson Foods Inc20.50B
AGROAdecoagro SA1.25B
CTVACorteva Inc6.17B
NTRNutrien Ltd33.80B
GPREGreen Plains Inc961.13M
SEBSeaboard Corp3.55B

Insider trading

latest 14 of 16
InsiderRelationshipDateTransactionCostSharesValueTotal heldForm
McAtee David R IIDirectorNov 05 '26Buy70.272,800196,7562,800Nov 09 05:05 PM
Cuddy Christopher MSenior Vice PresidentMar 13 '26Sale73.5035,0002,572,500331,052Mar 17 05:13 PM
Pinner Ian RSenior Vice PresidentMar 13 '26Sale71.5334,1062,439,60290,676Mar 17 05:13 PM
Pinner Ian ROfficerMar 13 '26Proposed Sale71.5334,1062,439,629Mar 13 05:08 PM
Cuddy Christopher MOfficerMar 13 '26Proposed Sale73.5035,0002,572,500Mar 13 10:25 AM
Morris Gregory ASenior Vice PresidentMar 10 '26Sale68.4850,0003,424,000300,122Mar 12 02:37 PM
Morris Gregory AOfficerMar 10 '26Proposed Sale68.4850,0003,424,118Mar 10 11:23 AM
Weber Jennifer LSenior Vice PresidentFeb 17 '26Sale67.0425,0001,675,900123,668Feb 19 04:44 PM
Weber Jennifer LOfficerFeb 17 '26Proposed Sale67.0425,0001,675,893Feb 17 03:49 PM
McAtee David R IIDirectorFeb 05 '26Buy64.907,500486,7207,500Feb 09 05:27 PM
LUCIANO JUAN RPresident & CEOFeb 05 '26Option Exercise33.18581,09919,280,865973,191Feb 06 05:22 PM
WESTBROOK KELVIN RDirectorJan 02 '26Option Exercise0.007,56607,566Jan 06 04:17 PM
Schlitz Lei ZhangDirectorJan 02 '26Option Exercise0.004,82104,821Jan 06 04:17 PM
Sandler Debra A.DirectorJan 02 '26Option Exercise0.004,82104,821Jan 06 04:17 PM

Held by

AUM
TickerCompanyAUM
VTIVanguard Morningstar Total Stock Market ETFAUM: 696.31B
VOOVanguard S&P 500 ETFAUM: 1070.75B
SCHDSchwab US Dividend Equity ETFAUM: 123.65B
VOVanguard Morningstar Mid-Cap ETFAUM: 108.45B
IVViShares Core S&P 500 ETFAUM: 882.14B
SPYSPDR S&P 500 ETF TrustAUM: 805.69B
VTVVanguard Morningstar Value ETFAUM: 198.14B
XLPState Street Consumer Staples Select Sector SPDR ETFAUM: 14.99B
DVYiShares Select Dividend ETFAUM: 23.78B
VOEVanguard Morningstar Mid-Cap Value ETFAUM: 24.78B

News

latest 14 of 200

Quarterly earnings

2026Q3 EPS 1.770 beat 1.603, from 0.920 a year earlier. Sales 22,335 missed 23,267, from 20,372 a year earlier
EPS
1.84002024Q4 EPS 1.140 against 1.14124Q42025Q1 EPS 0.700 against 0.66325Q12025Q2 EPS 0.930 against 0.81725Q22025Q3 EPS 0.920 against 0.84925Q32025Q4 EPS 0.870 against 0.79725Q42026Q1 EPS 0.710 against 0.64126Q12026Q2 EPS 1.840 against 1.49126Q22026Q3 EPS 1.770 against 1.60326Q3
Sales, USD millions
23,26702024Q4 sales 21,498 against 22,77324Q42025Q1 sales 20,175 against 22,07825Q12025Q2 sales 21,166 against 22,03025Q22025Q3 sales 20,372 against 20,77525Q32025Q4 sales 18,556 against 21,05925Q42026Q1 sales 20,490 against 21,35126Q12026Q2 sales 22,681 against 22,74926Q22026Q3 sales 22,335 against 23,26726Q3

The outline behind the bar is the estimate. The filled bar is the print. Green beat it, red missed it.

PeriodReportedEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mSurpriseYear-ago quarterAnalystsNext session
2026Q3ended 2026-09-302026-11-03 08:301.7701.6031.70022,33523,267EPS +10.4% · sales -4.0%vs 2025Q3, year-ago quarter · EPS +92.4% · sales +9.6%9 EPS · 5 salesOpen -1.93% vs SPY +0.08%. Close -6.82% vs SPY +0.30%
2026Q2ended 2026-06-302026-08-04 08:301.8401.4911.87222,68122,749EPS +23.4% · sales -0.3%vs 2025Q2, year-ago quarter · EPS +97.8% · sales +7.2%9 EPS · 5 salesOpen +0.04% vs SPY +0.39%. Close +2.32% vs SPY +1.80%
2026Q1ended 2026-03-312026-05-05 08:300.7100.6410.61620,49021,351EPS +10.8% · sales -4.0%vs 2025Q1, year-ago quarter · EPS +1.4% · sales +1.6%9 EPS · 5 salesOpen 0.00% vs SPY +0.52%. Close +3.83% vs SPY +0.80%
2025Q4ended 2025-12-312026-02-03 08:300.8700.7970.94218,55621,059EPS +9.1% · sales -11.9%vs 2024Q4, year-ago quarter · EPS -23.7% · sales -13.7%10 EPS · 6 salesOpen -8.31% vs SPY +0.12%. Close -1.01% vs SPY -0.85%
2025Q3ended 2025-09-302025-11-04 08:300.9200.8490.22320,37220,775EPS +8.4% · sales -1.9%vs 2024Q3, year-ago quarter · EPS -15.6% · sales +2.2%9 EPS · 6 salesOpen -6.56% vs SPY -1.06%. Close +0.05% vs SPY -1.19%
2025Q2ended 2025-06-302025-08-05 08:300.9300.8170.45321,16622,030EPS +13.8% · sales -3.9%vs 2024Q2, year-ago quarter · EPS -9.7% · sales -4.9%8 EPS · 5 salesOpen +0.35% vs SPY +0.10%. Close +6.00% vs SPY -0.51%
2025Q1ended 2025-03-312025-05-06 08:300.7000.6630.61120,17522,078EPS +5.5% · sales -8.6%vs 2024Q1, year-ago quarter · EPS -52.1% · sales -7.7%10 EPS · 7 salesOpen +1.75% vs SPY -0.99%. Close +1.73% vs SPY -0.84%
2024Q4ended 2024-12-312025-02-04 08:301.1401.1411.17221,49822,773EPS -0.1% · sales -5.6%vs 2023Q4, year-ago quarter · EPS -16.2% · sales -6.4%10 EPS · 7 salesOpen -3.04% vs SPY +0.01%. Close -5.06% vs SPY +0.67%
2024Q3ended 2024-09-302024-11-18 16:301.0901.1940.03719,93721,479EPS -8.7% · sales -7.2%vs 2023Q3, year-ago quarter · EPS -33.1% · sales -8.1%9 EPS · 6 salesOpen -0.25% vs SPY -0.58%. Close +0.53% vs SPY +0.37%
2024Q2ended 2024-06-302024-07-30 08:301.0301.2170.98622,24823,116EPS -15.4% · sales -3.8%vs 2023Q2, year-ago quarter · EPS -45.5% · sales -11.7%9 EPS · 6 salesOpen -3.63% vs SPY +0.28%. Close -1.26% vs SPY -0.51%
2024Q1ended 2024-03-312024-04-30 08:301.4601.3701.41821,84722,264EPS +6.6% · sales -1.9%vs 2023Q1, year-ago quarter · EPS -30.1% · sales -9.2%14 EPS · 10 salesOpen +0.15% vs SPY -0.29%. Close -3.34% vs SPY -1.58%
2023Q4ended 2023-12-312024-03-12 08:301.3601.4321.06422,97823,786EPS -5.0% · sales -3.4%vs 2022Q4, year-ago quarter · EPS -29.5% · sales -12.4%13 EPS · 10 salesOpen +3.95% vs SPY +0.42%. Close +3.93% vs SPY +1.08%
2023Q3ended 2023-09-302023-10-24 08:301.6301.5261.52021,69523,694EPS +6.8% · sales -8.4%vs 2022Q3, year-ago quarter · EPS -12.4% · sales -12.1%13 EPS · 9 sales-
2023Q2ended 2023-06-302023-07-25 08:301.8901.5961.69825,19025,657EPS +18.4% · sales -1.8%vs 2022Q2, year-ago quarter · EPS -12.1% · sales -7.7%13 EPS · 10 sales-
2023Q1ended 2023-03-312023-04-25 08:302.0901.7802.12324,07224,289EPS +17.4% · sales -0.9%vs 2022Q1, year-ago quarter · EPS +10.0% · sales +1.8%14 EPS · 11 sales-
2022Q4ended 2022-12-312023-01-26 08:301.9301.6501.83926,23125,279EPS +17.0% · sales +3.8%vs 2021Q4, year-ago quarter · EPS +28.7% · sales +13.6%14 EPS · 11 sales-

Annual earnings

2025FY EPS 3.430 beat 3.382, from 4.740 a year earlier. Sales 80,269 missed 83,006, from 85,530 a year earlier
EPS
7.85002018FY EPS 3.500 against 3.51820182019FY EPS 2.630 against 2.56520192020FY EPS 3.590 against 3.47520202021FY EPS 5.190 against 5.00220212022FY EPS 7.850 against 7.55420222023FY EPS 6.980 against 7.03920232024FY EPS 4.740 against 4.73720242025FY EPS 3.430 against 3.3822025
Sales, USD millions
101,84802018FY sales 64,341 against 65,14220182019FY sales 64,656 against 64,92520192020FY sales 64,355 against 62,91720202021FY sales 85,249 against 82,56020212022FY sales 101,848 against 101,07420222023FY sales 93,935 against 94,97420232024FY sales 85,530 against 86,29720242025FY sales 80,269 against 83,0062025

Reported years only. The outline behind the bar is the estimate. A later year with no print stays in the table.

earnings feed, not the snapshot. Not the statement ratio.

PeriodEPS adjustedEPS estEPS reportedSales act, USD mSales est, USD mP/E, earnings feed
2030FYestimate-4.640--85,76115.30
2029FYestimate-5.779--89,35312.29
2028FYestimate-5.908--97,76112.02
2027FYestimate-5.840--92,84012.16
2026FYestimate-5.633--88,25812.60
2025FY3.4303.3822.23080,26983,00616.76
2024FY4.7404.7373.65185,53086,29710.66
2023FY6.9807.0396.42693,93594,97410.35
2022FY7.8507.5547.709101,848101,07411.83
2021FY5.1905.0024.78685,24982,56013.02
2020FY3.5903.4753.14764,35562,91714.04
2019FY2.6302.5652.44164,65664,92517.62
2018FY3.5003.5183.19264,34165,14211.71
2017FY2.1272.3102.78960,82861,61018.84
2016FY2.1602.1922.16062,34662,30421.13
2015FY2.5502.6542.98067,70270,63327.84
2014FY3.2003.0913.43081,20185,09022.19
2013FY2.3302.2432.02089,80490,60630.47
2012FY2.2502.2501.84089,03889,03831.56
2011FY3.0503.3413.13080,67677,92923.28
2010FY3.0002.8603.00061,68263,28623.67

Quarterly results

2026Q3 revenue 22,349, from 20,391 a year earlier. Operating margin 2.6%, from 1.3% a year earlier
Revenue, USD millions
22,69402024Q4 revenue 21,48024Q42025Q1 revenue 20,20025Q12025Q2 revenue 21,18825Q22025Q3 revenue 20,39125Q32025Q4 revenue 18,55725Q42026Q1 revenue 20,51426Q12026Q2 revenue 22,69426Q22026Q3 revenue 22,34926Q3
Operating margin
4.902024Q4 operating margin 1.9%24Q42025Q1 operating margin 0.1%25Q12025Q2 operating margin 0.5%25Q22025Q3 operating margin 1.3%25Q32025Q4 operating margin 2.1%25Q42026Q1 operating margin 4.9%26Q12026Q2 operating margin 1.8%26Q22026Q3 operating margin 2.6%26Q3

From the quarterly statement. Not an estimate.

Estimate revisions

Latest snapshot of each period and type. 2026FY E 5.63 per share.
PeriodTypeScaleDateMeanvs prior date
2026FYEper share2026-11-095.63+0.3%
2026Q4Eper share2026-11-091.38-0.6%
2026FYSUSD millions2026-11-0988,258+1.0%
2026FYRper share2026-11-075.580.0%
2026Q4Rper share2026-11-071.390.0%
2026Q4SUSD millions2026-11-0721,8620.0%
2026Q3Eper share2026-10-261.60+0.4%
2026Q3SUSD millions2026-10-1823,2670.0%
2026Q3Rper share2026-10-131.61+0.5%
2026Q2Eper share2026-07-301.49-0.2%
2026Q2SUSD millions2026-07-2722,749+0.0%
2026Q2Rper share2026-07-201.26+0.2%
2026Q1Eper share2026-05-030.640.0%
2026Q1Rper share2026-04-240.65-1.6%
2026Q1SUSD millions2026-04-2421,351+0.5%
2025FYEper share2026-01-273.380.0%
2025FYSUSD millions2026-01-2783,0060.0%
2025Q4SUSD millions2026-01-2721,0590.0%
2025Q4Eper share2026-01-200.80+0.1%
2025FYRper share2026-01-182.090.0%
2025Q4Rper share2026-01-180.810.0%
2025Q3Eper share2025-11-030.85+0.4%
2025Q3Rper share2025-10-220.830.0%
2025Q3SUSD millions2025-10-2020,7750.0%
2025Q2Eper share2025-08-010.82-3.2%
2025Q2Rper share2025-08-010.78-5.6%
2025Q2SUSD millions2025-08-0122,030+1.0%
2025Q1Eper share2025-05-060.660.0%
2025Q1Rper share2025-05-060.670.0%
2025Q1SUSD millions2025-05-0622,0780.0%
2024FYEper share2025-01-284.74+0.0%
2024Q4Rper share2025-01-281.17+1.2%
2024Q4Eper share2025-01-261.140.0%
2024FYRper share2025-01-244.05-0.2%
2024FYSUSD millions2025-01-2486,297+0.0%
2024Q4SUSD millions2025-01-2422,773+0.0%
2024Q3Eper share2024-11-051.24+0.4%
2024Q3SUSD millions2024-10-2321,5020.0%
2024Q3Rper share2024-10-161.26-3.8%
2024Q2Eper share2024-07-201.22-1.6%
2024Q2Rper share2024-07-201.26-2.5%
2024Q2SUSD millions2024-07-2023,116-0.2%
2024Q1SUSD millions2024-04-1822,264+0.2%
2024Q1Eper share2024-04-151.37-0.4%
2024Q1Rper share2024-04-121.34-0.7%
2023FYEper share2024-03-057.04+0.1%
2023FYRper share2024-03-056.90+0.3%
2023FYSUSD millions2024-03-0594,974+0.0%

Estimate history

Annual
Metric201720182019202020212022202320242025TTMMRQ
EPS per share2.7893.1922.4413.1474.7867.7096.4263.6512.2275.1263-
Sales USD millions60,83964,30064,69164,39585,262101,59793,96885,50180,33584,114-
Shares million shares557559557556560547513478480-478
Quarterly
MetricQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
EPS per share0.0371.1720.6110.4530.2230.9420.6161.8721.696
Sales USD millions19,94421,48020,20021,18820,39118,55720,51422,69422,349
Shares million shares478478480480480480482482478

Income statement, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Total Revenue84,114.0080,335.00-6.0%85,501.00-9.0%93,968.00-7.5%101,597.00+19.2%85,262.00+32.4%64,395.00-0.5%64,691.00+0.6%64,300.00
Cost of Goods Sold Incl. D&A77,954.0076,228.00-4.6%79,944.00-8.8%87,685.00-7.3%94,584.00+21.3%78,006.00+31.4%59,365.00-2.0%60,554.00+0.6%60,166.00
Gross Profit6,160.004,107.00-26.1%5,557.00-11.6%6,283.00-10.4%7,013.00-3.3%7,256.00+44.3%5,030.00+21.6%4,137.00+0.1%4,134.00
Selling, General and Administrative Excl. Other3,796.003,312.00-1.0%3,345.00-1.6%3,400.00+1.9%3,337.00+11.9%2,983.00+11.4%2,678.00+9.0%2,458.00+13.5%2,165.00
Research and Development-246.00-8.6%269.00+5.1%256.00+18.5%216.00+26.3%171.00+6.9%160.00+3.9%154.00+9.2%141.00
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income2,364.00795.00-64.1%2,212.00-23.3%2,883.00-21.6%3,676.00-14.0%4,273.00+81.7%2,352.00+40.1%1,679.00-14.7%1,969.00
Interest Expense675.00612.00-13.3%706.00+8.1%653.00+61.2%405.00+42.6%284.00-11.3%320.00-20.6%403.00+10.4%365.00
Unusual Expense-170.00-133.00-155.9%238.00-615.00-342.00-119.7%1,735.00+45.2%1,195.00+333.0%276.00+23.2%224.00
Net Income Before Taxes2,945.001,255.00-44.3%2,255.00-47.5%4,294.00-17.9%5,233.00+58.0%3,313.00+75.9%1,883.00+18.6%1,588.00-22.9%2,060.00
Income Taxes450.00182.00-61.8%476.00-42.5%828.00-4.6%868.00+50.2%578.00+472.3%101.00-51.7%209.00-14.7%245.00
Consolidated Net Income2,495.001,073.00-39.7%1,779.00-48.7%3,466.00-20.6%4,365.00+59.6%2,735.00+53.5%1,782.00+29.2%1,379.00-24.0%1,815.00
Net Income From Continuing Operations2,483.001,078.00-40.1%1,800.00-48.3%3,483.00-19.7%4,340.00+60.2%2,709.00+52.9%1,772.00+28.5%1,379.00-23.8%1,810.00
Net Income2,483.001,078.00-40.1%1,800.00-48.3%3,483.00-19.7%4,340.00+60.2%2,709.00+52.9%1,772.00+28.5%1,379.00-23.8%1,810.00
EPS (Recurring) per share4.882.03-49.1%3.99-29.1%5.63-22.7%7.28+5.1%6.93+49.7%4.63+66.5%2.78-19.9%3.47
EPS (Basic, Before Extraordinaries) per share5.132.23-39.1%3.66-43.2%6.44-16.6%7.72+60.8%4.80+51.9%3.16+29.0%2.45-23.7%3.21
EPS (Diluted) per share5.132.23-38.9%3.65-43.2%6.43-16.6%7.71+61.0%4.79+52.1%3.15+29.1%2.44-23.5%3.19
EBITDA3,553.001,976.00-41.1%3,353.00-14.9%3,942.00-16.2%4,705.00-10.5%5,257.00+58.0%3,328.00+24.6%2,671.00-8.2%2,910.00
Non-Operating Income (Expense)1,086.00939.00-4.9%987.00-31.9%1,449.00-10.6%1,620.00+53.0%1,059.00+1.2%1,046.00+77.9%588.00-13.5%680.00
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-65.57+12.2%58.46-33.9%88.48-23.8%116.13-27.9%161.00+46.1%110.23+69.7%64.97-24.5%86.11
Price To Earnings Ratio ratio statement ratio, not the snapshot13.8413.8414.4110.0612.8214.1116.0118.9612.81
Price To Sales Ratio ratio0.460.350.290.420.510.450.440.400.36
Gross Margin %7.325.116.506.696.908.517.816.406.43
Operating Margin %2.810.992.593.073.625.013.652.603.06
Net Margin %2.951.342.113.714.273.182.752.132.81
Shares Outstanding million shares478.00480.00+0.4%478.00-6.8%513.00-6.2%547.00-2.3%560.00+0.7%556.00-0.2%557.00-0.4%559.00
Market Capitalization33,775.9733,775.97+39.7%24,175.54-37.2%38,520.78-24.5%51,005.66+34.9%37,812.62+34.8%28,047.57+8.7%25,802.40+12.3%22,969.58

Income statement, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Total Revenue22,349.00+9.6%22,694.00+7.1%20,514.00+1.6%18,557.00-13.6%20,391.00+2.2%21,188.00-4.7%20,200.00-7.5%21,480.00-6.6%
Cost of Goods Sold Incl. D&A20,837.00+8.1%21,270.00+5.3%18,562.00-3.7%17,285.00-14.2%19,268.00+4.0%20,193.00-2.2%19,274.00-5.2%20,157.00-8.1%
Gross Profit1,512.00+34.6%1,424.00+43.1%1,952.00+110.8%1,272.00-3.9%1,123.00-20.8%995.00-36.9%926.00-38.5%1,323.00+24.7%
Selling, General and Administrative Excl. Other941.00+8.5%1,017.00+13.6%951.00+4.3%887.00-3.7%867.00-1.8%895.00+1.6%912.00-1.3%921.00+1.4%
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income571.00+123.0%407.00+307.0%1,001.00+7050.0%385.00-4.2%256.00-52.1%100.00-85.7%14.00-97.6%402.00+162.7%
Interest Expense165.00+7.8%148.00-6.9%149.00-5.7%213.00+19.0%153.00-12.1%159.00-15.0%158.00-4.8%179.00+8.5%
Unusual Expense-368.00-604.1%-643.00728.00113.0073.00-87.3%-228.00-244.3%-131.00-321.00-263.8%
Net Income Before Taxes997.00+578.2%1,088.00+290.0%384.00+8.8%476.00-28.6%147.00+36.1%279.00-53.2%353.00-60.1%667.00-9.1%
Income Taxes171.00+362.2%176.00+183.9%81.00+32.8%22.00-79.2%37.00-58.9%62.00-46.1%61.00-63.3%106.00-44.8%
Consolidated Net Income826.00+650.9%912.00+320.3%303.00+3.8%454.00-19.1%110.00+511.1%217.00-54.9%292.00-59.4%561.00+3.5%
Net Income From Continuing Operations821.00+660.2%908.00+314.6%298.00+1.0%456.00-19.6%108.00+500.0%219.00-54.9%295.00-59.5%567.00+0.4%
Net Income821.00+660.2%908.00+314.6%298.00+1.0%456.00-19.6%108.00+500.0%219.00-54.9%295.00-59.5%567.00+0.4%
EPS (Recurring) per share1.16+251.5%0.94+683.3%1.67+297.6%1.11+56.3%0.33-62.1%0.12-90.1%0.42-64.7%0.71-46.2%
EPS (Basic, Before Extraordinaries) per share1.70+672.7%1.87+315.6%0.62+1.6%0.95-20.2%0.22+450.0%0.45-54.5%0.61-57.0%1.19+10.2%
EPS (Diluted) per share1.70+672.7%1.87+315.6%0.62+1.6%0.94-19.7%0.22+450.0%0.45-54.5%0.61-57.0%1.17+10.4%
EBITDA867.00+57.4%700.00+79.0%1,294.00+329.9%692.00+0.4%551.00-33.0%391.00-60.2%301.00-65.0%689.00+60.2%
Non-Operating Income (Expense)223.00+90.6%186.00+69.1%260.00-29.0%417.00+239.0%117.00-63.6%110.00-54.9%366.00+22.4%123.00-86.9%
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense30.02+81.0%58.46+236.4%50.56+28.0%-16.5917.38+22.2%39.50-24.2%-
Price To Earnings Ratio ratio statement ratio, not the snapshot13.8434.2132.6223.3926.2918.8113.2914.41
Price To Sales Ratio ratio0.460.450.440.350.350.310.280.29
Gross Margin %6.776.279.526.855.514.704.586.16
Operating Margin %2.551.794.882.071.260.470.071.87
Net Margin %3.674.001.452.460.531.031.462.64
Shares Outstanding million shares478.00-0.4%482.00+0.4%482.00+0.4%480.00+0.4%480.00+0.4%480.00+0.4%480.00-4.4%478.00-6.8%
Market Capitalization33,775.97+17.7%36,821.51+45.2%34,978.57+51.7%27,627.97+14.3%28,702.92+0.5%25,358.15-15.2%23,052.29-28.0%24,175.54-37.2%

Balance sheet, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/20182017FY12/31/2017
Cash & Short Term Investments5,537.00+32.8%4,170.00-22.6%5,390.00-23.4%7,033.00-5.6%7,454.00+60.4%4,646.00+55.4%2,990.00-33.3%4,485.00+94.4%2,307.00
Short Term Receivables4,807.00-19.2%5,950.00-8.4%6,496.00-14.2%7,569.00+31.2%5,771.00+15.8%4,984.00-11.8%5,652.00+33.8%4,223.00+3.8%4,069.00
Inventories10,369.00-10.4%11,572.00-3.2%11,957.00-19.1%14,771.00+2.0%14,481.00+23.6%11,713.00+27.7%9,170.00+4.1%8,813.00-3.9%9,173.00
Other Current Assets5,952.00-1.2%6,026.00+1.7%5,924.00-1.9%6,037.00+43.6%4,203.00-29.3%5,943.00+68.1%3,535.00+15.3%3,067.00-29.9%4,376.00
Total Current Assets26,665.00-3.8%27,718.00-6.9%29,767.00-15.9%35,410.00+11.0%31,909.00+16.9%27,286.00+27.8%21,347.00+3.7%20,588.00+3.3%19,925.00
Net Property, Plant & Equipment12,501.00+2.5%12,195.00+4.1%11,719.00+6.3%11,021.00+1.8%10,826.00-2.1%11,053.00-0.2%11,077.00+11.3%9,953.00-1.8%10,138.00
Total Investments and Advances5,703.00-0.2%5,715.00-3.8%5,938.00-0.3%5,955.00+12.7%5,285.00+7.6%4,913.00-4.3%5,132.00-3.6%5,324.00+2.8%5,180.00
Intangible Assets6,745.00-0.4%6,769.00+6.7%6,341.00-3.1%6,544.00-3.0%6,747.00+24.6%5,413.00-1.2%5,476.00+35.5%4,041.00+3.1%3,918.00
Other Assets775.00-11.3%874.00+0.9%866.00+2.6%844.00-38.3%1,369.00+29.9%1,054.00+9.2%965.00+4.1%927.00+15.6%802.00
Total Assets52,389.00-1.7%53,271.00-2.5%54,631.00-8.6%59,774.00+6.5%56,136.00+12.9%49,719.00+13.0%43,997.00+7.7%40,833.00+2.2%39,963.00
Short Term Debt Incl. Current Port. of LT Debt2,107.00-27.4%2,901.00+614.5%406.00-76.6%1,737.00-3.8%1,805.00-21.7%2,305.00+61.9%1,424.00+106.4%690.00-20.7%870.00
Accounts Payable5,195.00-6.1%5,535.00-12.3%6,313.00-19.1%7,803.00+22.2%6,388.00+42.8%4,474.00+19.4%3,746.00+5.7%3,545.00-9.0%3,894.00
Income Tax Payable83.00-50.3%167.00-41.2%284.00+14.5%248.00+87.9%132.00+222.0%41.00-43.1%72.000.00-100.0%140.00
Other Current Liabilities12,149.00+7.2%11,335.00-2.8%11,659.00-19.1%14,403.00+5.7%13,623.00+19.9%11,362.00+33.8%8,492.00+12.6%7,541.00-1.6%7,666.00
Total Current Liabilities19,534.00-2.0%19,938.00+6.8%18,662.00-22.9%24,191.00+10.2%21,948.00+20.7%18,182.00+32.4%13,734.00+16.6%11,776.00-6.3%12,570.00
Long Term Debt7,651.00-11.4%8,637.00-6.0%9,190.00+7.5%8,551.00-2.6%8,776.00+0.3%8,748.00+3.5%8,453.00+9.8%7,698.00+16.2%6,623.00
Provision for Risks Charges0.000.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,135.00-10.5%1,268.00-3.1%1,309.00-6.6%1,402.00-0.7%1,412.00+8.4%1,302.00+9.0%1,194.00+11.9%1,067.00+1.3%1,053.00
Other Liabilities1,042.00+4.5%997.00-0.8%1,005.00-0.9%1,014.00-17.8%1,233.00-11.4%1,391.00+4.4%1,333.00+6.9%1,247.00-7.1%1,342.00
Total Liabilities29,362.00-4.8%30,840.00+2.2%30,166.00-14.2%35,158.00+5.4%33,369.00+12.6%29,623.00+19.9%24,714.00+13.4%21,788.00+0.9%21,588.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity22,733.00+2.5%22,168.00-8.1%24,132.00-0.6%24,284.00+8.0%22,477.00+12.4%20,000.00+4.1%19,208.00+1.2%18,981.00+3.6%18,313.00
Total Shareholders Equity22,733.00+2.5%22,168.00-8.1%24,132.00-0.6%24,284.00+8.0%22,477.00+12.4%20,000.00+4.1%19,208.00+1.2%18,981.00+3.6%18,313.00
Accumulated Minority Interest294.00+11.8%263.00-21.0%333.00+0.3%332.00+14.5%290.00+202.1%96.00+28.0%75.00+17.2%64.00+3.2%62.00
Total Equity23,027.00+2.7%22,431.00-8.3%24,465.00-0.6%24,616.00+8.1%22,767.00+13.3%20,096.00+4.2%19,283.00+1.2%19,045.00+3.6%18,375.00
Total Liabilities & Stockholders Equity52,389.00-1.7%53,271.00-2.5%54,631.00-8.6%59,774.00+6.5%56,136.00+12.9%49,719.00+13.0%43,997.00+7.7%40,833.00+2.2%39,963.00
Book Value Per Share per share47.36+2.1%46.38-1.4%47.04+6.0%44.39+10.6%40.14+11.6%35.97+4.3%34.48+1.5%33.96+3.3%32.88
Tangible Book Value Per Share per share33.31+3.4%32.22-7.1%34.68+6.9%32.43+15.5%28.09+7.1%26.24+6.5%24.65-7.8%26.73+3.4%25.84
Full-Time Employees people41,496-5.8%44,043+5.4%41,802-0.5%42,001+2.4%41,000+4.9%39,088+2.6%38,100+20.6%31,600+1.0%31,300
Price to Book Ratio ratio1.421.101.532.121.681.401.341.211.28
Return on Assets %2.043.346.097.495.123.783.254.484.00
Return on Equity %4.807.7814.3918.5612.769.047.229.718.99
Return on Invested Capital %3.555.8410.4513.228.676.164.996.786.40
Quick Ratio ratio0.830.810.950.850.790.860.891.000.86
Current Ratio ratio1.371.391.601.461.451.501.551.751.59

Cash flow, annual

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
MetricTTM2025FY12/31/20252024FY12/31/20242023FY12/31/20232022FY12/31/20222021FY12/31/20212020FY12/31/20202019FY12/31/20192018FY12/31/2018
Net Income2,495.001,073.00-39.7%1,779.00-48.7%3,466.00-20.6%4,365.00+59.6%2,735.00+53.5%1,782.00+29.2%1,379.00-24.0%1,815.00
Depreciation1,188.001,181.00+3.5%1,141.00+7.7%1,059.00+2.9%1,029.00+4.6%984.00+0.8%976.00-1.6%992.00+5.4%941.00
Other Funds (Non Cash)-26.00480.00-2.4%492.00+118.7%225.00-295.00-184.0%351.00+18.6%296.00-106.00-37.00
Funds from Operations3,615.002,689.00-18.1%3,282.00-30.6%4,727.00-5.6%5,010.00+27.1%3,941.00+26.0%3,129.00+36.9%2,286.00-14.4%2,672.00
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-2,140.002,763.00-492.00-267.00-1,532.00-157.7%2,654.00-5,515.00-7,738.00-7,456.00
Cash from Operating Activities1,475.005,452.00+95.4%2,790.00-37.4%4,460.00+28.2%3,478.00-47.3%6,595.00-2,386.00-5,452.00-4,784.00
Capital Expenditures-1,129.00-1,248.00-1,563.00-1,494.00-1,319.00-1,169.00-823.00-828.00-842.00
Net Assets From Acquisitions0.00-112.00-935.00-23.00-22.00-1,564.00-15.00-1,946.00-464.00
Sale of Fixed Assets and Businesses101.00111.00+68.2%66.00+10.0%60.00-54.2%131.00-46.5%245.00-66.3%728.00+148.5%293.00+53.4%191.00
Purchase or Sale of Investments-43.00234.00-282.00-18.00-232.00-33.00-1.00-101.6%64.00-144.00
Purchase of Investments-46.00-43.00-366.00-18.00-232.00-34.00-7.00-40.00-157.00
Sale Or Maturity of Investments3.00277.00+229.8%84.000.000.00-100.0%1.00-83.3%6.00-94.2%104.00+700.0%13.00
Other Uses-6.00-6.000.00-21.000.00-148.00-2,148.00-5,403.00-6,957.00
Other Sources5.000.00-100.0%4.000.00-100.0%42.000.00-100.0%6,724.00-48.6%13,079.00-11.6%14,798.00
Cash from Investing Activities-1,072.00-1,021.00-2,710.00-1,496.00-1,400.00-2,669.00-159.8%4,465.00-15.1%5,259.00-20.1%6,582.00
Cash Dividends Paid-1,008.00-987.00-985.00-977.00-899.00-834.00-809.00-789.00-758.00
Change in Capital Stock-358.000.00-2,327.00-2,673.00-1,450.000.00-133.00-150.00-77.00
Repurchase of Common Pref Stock-358.000.00-2,327.00-2,673.00-1,450.000.00-133.00-150.00-77.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net902.00-1,875.00-202.7%1,826.00-852.00-158.00-290.00-158.9%492.00+63.5%301.00-69.6%989.00
Change in Long Term Debt44.00-761.00-3026.9%26.00-462.00-271.1%270.00-66.0%795.00-345.00-618.00-135.7%1,732.00
Issuance of Long Term Debt1,061.0011.00-59.3%27.00-94.6%501.00-33.4%752.00-43.4%1,329.00-25.8%1,791.00+22287.5%8.00-99.5%1,762.00
Reduction of Long Term Debt-1,017.00-772.00-1.00-963.00-482.00-534.00-2,136.00-626.00-30.00
Net Financing Active Other Cash Flow-58.00-21.00-36.00-102.00-1375.0%8.00+33.3%6.00-77.8%27.00-22.00-166.7%33.00
Other Financing Activities Uses-58.00-21.00-36.00-102.000.000.000.00-22.000.00
Cash from Financing Activities-522.00-2,883.00-1,522.00-4,604.00-2,499.00-1,118.00-423.00-660.00-452.9%187.00
Exchange Rate Effect-16.0033.00-24.00-3.00-----
Net Change in Cash-135.001,581.00-1,466.00-1,643.00-421.00-115.0%2,808.00+69.6%1,656.00-853.00-143.0%1,985.00
Free Cash Flow346.004,204.00+242.6%1,227.00-58.6%2,966.00+37.4%2,159.00-60.2%5,426.00-3,209.00-6,280.00-5,626.00
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow ratio-8.65102.9219.6841.498.33---
Deferred Taxes & Investment Tax Credit--45.00-130.00-23.00-89.00-129.00-272.0%75.00+257.1%21.00-47.00

Balance sheet, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Cash & Short Term Investments5,785.00-1.5%5,490.00-7.8%6,145.00+50.3%5,537.00+32.8%5,875.00+33.6%5,953.00+39.4%4,089.00-15.6%4,170.00-22.6%
Short Term Receivables5,366.00-11.9%5,094.00-12.2%5,679.00-13.7%4,807.00-19.2%6,088.00+3.2%5,804.00-9.1%6,578.00+1.7%5,950.00-8.4%
Inventories11,675.00+34.2%10,586.00+8.9%11,741.00+1.7%10,369.00-10.4%8,700.00-19.0%9,723.00-6.9%11,550.00-0.7%11,572.00-3.2%
Other Current Assets6,795.00+17.8%6,629.00+37.8%6,429.00+13.5%5,952.00-1.2%5,769.00+3.3%4,812.00-18.0%5,665.00-6.5%6,026.00+1.7%
Total Current Assets29,621.00+12.1%27,799.00+5.7%29,994.00+7.6%26,665.00-3.8%26,432.00-0.7%26,292.00-2.5%27,882.00-3.9%27,718.00-6.9%
Net Property, Plant & Equipment12,321.00-0.8%12,282.00-1.8%12,274.00-0.5%12,501.00+2.5%12,418.00+2.5%12,505.00+4.9%12,334.00+3.8%12,195.00+4.1%
Total Investments and Advances6,170.00+11.6%6,064.00+10.2%5,959.00+9.2%5,703.00-0.2%5,531.00-0.9%5,501.00-8.3%5,458.00-8.8%5,715.00-3.8%
Intangible Assets6,423.00-5.6%6,498.00-7.6%6,560.00-4.6%6,745.00-0.4%6,807.00-2.7%7,036.00+0.9%6,875.00-2.5%6,769.00+6.7%
Other Assets865.00+18.5%884.00+33.5%811.00-4.9%775.00-11.3%730.00-16.3%662.00-21.9%853.00-5.8%874.00+0.9%
Total Assets55,400.00+6.7%53,527.00+2.9%55,598.00+4.1%52,389.00-1.7%51,918.00-0.5%51,996.00-1.3%53,402.00-2.6%53,271.00-2.5%
Short Term Debt Incl. Current Port. of LT Debt1,612.00+3.4%1,865.00-4.1%3,172.00-16.2%2,107.00-27.4%1,559.00-43.4%1,945.00-25.5%3,783.00+86.1%2,901.00+614.5%
Accounts Payable5,660.00+13.5%4,990.00+11.5%5,457.00+5.9%5,195.00-6.1%4,988.00+1.6%4,475.00-11.1%5,151.00-8.0%5,535.00-12.3%
Income Tax Payable136.00+61.9%224.00+107.4%143.00-42.3%83.00-50.3%84.00-47.8%108.00-46.5%248.00-20.5%167.00-41.2%
Other Current Liabilities13,088.00+3.6%12,933.00+8.3%14,107.00+28.4%12,149.00+7.2%12,637.00+13.0%11,943.00+10.2%10,989.00-6.8%11,335.00-2.8%
Total Current Liabilities20,496.00+6.4%20,012.00+8.3%22,879.00+13.4%19,534.00-2.0%19,268.00+1.4%18,471.00-1.1%20,171.00+2.2%19,938.00+6.8%
Long Term Debt8,450.00+10.5%7,477.00-13.8%7,485.00-13.4%7,651.00-11.4%7,648.00-11.0%8,672.00-6.4%8,640.00-6.6%8,637.00-6.0%
Provision for Risks Charges0.000.000.000.000.000.000.000.00
Deferred Tax Liabilities1,179.00+3.8%1,104.00-2.6%1,064.00-10.2%1,135.00-10.5%1,136.00-11.1%1,134.00-12.0%1,185.00-8.2%1,268.00-3.1%
Other Liabilities1,124.00+0.9%1,062.00+2.9%1,067.00+4.2%1,042.00+4.5%1,114.00+5.7%1,032.00+3.2%1,024.00+0.8%997.00-0.8%
Total Liabilities31,249.00+7.1%29,655.00+1.2%32,495.00+4.8%29,362.00-4.8%29,166.00-2.6%29,309.00-3.1%31,020.00-0.9%30,840.00+2.2%
Non-Equity Reserves0.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.00
Common Equity23,851.00+6.0%23,573.00+5.1%22,804.00+3.1%22,733.00+2.5%22,494.00+2.4%22,430.00+1.3%22,119.00-4.7%22,168.00-8.1%
Total Shareholders Equity23,851.00+6.0%23,573.00+5.1%22,804.00+3.1%22,733.00+2.5%22,494.00+2.4%22,430.00+1.3%22,119.00-4.7%22,168.00-8.1%
Accumulated Minority Interest300.00+16.3%299.00+16.3%299.00+13.7%294.00+11.8%258.00-11.9%257.00-17.9%263.00-17.8%263.00-21.0%
Total Equity24,151.00+6.1%23,872.00+5.2%23,103.00+3.2%23,027.00+2.7%22,752.00+2.2%22,687.00+1.0%22,382.00-4.9%22,431.00-8.3%
Total Liabilities & Stockholders Equity55,400.00+6.7%53,527.00+2.9%55,598.00+4.1%52,389.00-1.7%51,918.00-0.5%51,996.00-1.3%53,402.00-2.6%53,271.00-2.5%
Book Value Per Share per share49.90+6.5%48.91+4.7%47.31+2.7%47.36+2.1%46.86+1.9%46.73+0.9%46.08-0.4%46.38-1.4%
Tangible Book Value Per Share per share36.46+11.6%35.43+10.5%33.70+6.1%33.31+3.4%32.68+4.3%32.07+1.0%31.76-1.4%32.22-7.1%
Full-Time Employees people---41,496-5.8%---44,043+5.4%
Price to Book Ratio ratio1.421.611.531.231.281.151.041.10
Return on Assets %4.633.351.982.042.282.102.523.34
Return on Equity %10.727.704.814.805.354.936.037.78
Return on Invested Capital %2.542.920.981.500.360.700.961.84
Quick Ratio ratio0.880.860.800.830.920.900.810.81
Current Ratio ratio1.451.391.311.371.371.421.381.39

Cash flow, quarterly

USD millions, except where the row names a unit. The percent under a figure is against the same period a year earlier. TTM has no earlier TTM to compare with, and a ratio or a margin has no change.
Metric2026Q39/30/20262026Q26/30/20262026Q13/31/20262025Q412/31/20252025Q39/30/20252025Q26/30/20252025Q13/31/20252024Q412/31/2024
Net Income826.00+650.9%912.00+320.3%303.00+3.8%454.00-19.1%110.00+511.1%217.00-54.9%292.00-59.4%561.00+3.5%
Depreciation295.00-0.3%293.00+0.7%293.00+2.1%307.00+7.0%296.00+2.8%291.00+1.7%287.00+2.5%287.00+3.6%
Other Funds (Non Cash)72.00-83.7%112.00-63.0%-42.00-168.00-244.8%443.00+24.4%303.00+315.1%-98.00116.00-19.4%
Funds from Operations1,254.00+46.8%1,317.00+65.9%442.00+0.7%602.00-36.0%854.00+32.0%794.00-2.2%439.00-50.2%941.00+2.0%
Extraordinary Item0.000.000.000.000.000.000.000.00
Changes in Working Capital-765.00-180.1%-168.00-104.8%-292.00-915.00955.00+46.7%3,504.00-781.00-619.00-137.6%
Cash from Operating Activities489.00-73.0%1,149.00-73.3%150.00-313.00-197.2%1,809.00+39.4%4,298.00+814.5%-342.00-148.9%322.00-87.5%
Capital Expenditures-307.00-272.00-194.00-356.00-296.00-305.00-291.00-492.00
Net Assets From Acquisitions0.000.000.000.00-100.0%-13.00-9.00-90.001.00
Sale of Fixed Assets and Businesses12.00-67.6%30.00-3.2%26.00+160.0%33.00-5.7%37.00+146.7%31.00+210.0%10.00+66.7%35.00-10.3%
Purchase or Sale of Investments-18.00-300.0%2.00-89.5%4.00-98.3%-31.009.0019.00237.00-238.00
Purchase of Investments-14.000.000.00-32.000.000.00-11.00-322.00
Sale Or Maturity of Investments-4.00-144.4%2.00-89.5%4.00-98.4%1.00-98.8%9.0019.00248.0084.00
Other Uses0.000.000.00-6.000.000.000.000.00
Other Sources-13.00-230.0%-5.0036.00+620.0%-13.0010.00-28.6%-2.005.00-54.5%-14.00
Cash from Investing Activities-326.00-245.00-128.00-373.00-253.00-266.00-129.00-708.00
Cash Dividends Paid-254.00-256.00-254.00-244.00-248.00-248.00-247.00-241.00
Preferred Dividends (Cash Flow)0.000.000.000.000.000.000.000.00
Change in Capital Stock-358.000.000.000.000.000.000.000.00
Repurchase of Common Pref Stock-358.000.000.000.000.000.000.000.00
Sale of Common Pref Stock0.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net742.00-1,313.00919.00+6.5%554.00+178.4%-1,372.00-1,920.00-426.0%863.00-46.7%199.00
Change in Long Term Debt47.00-5.000.002.00-92.3%-763.000.000.0026.00+2500.0%
Issuance of Long Term Debt1,050.000.000.0011.00-59.3%0.000.000.0027.00+2600.0%
Reduction of Long Term Debt-1,003.00-5.000.00-9.00-763.000.000.00-1.00
Net Financing Active Other Cash Flow-7.00-450.0%2.00-66.7%-53.000.002.00-88.9%6.00-29.00-15.00
Other Financing Activities Uses-7.00-450.0%2.00-66.7%-53.000.002.00-88.9%6.00-29.00-15.00
Cash from Financing Activities123.00-1,567.00612.00+4.3%310.00-1,618.00-2,162.00587.00-57.00
Exchange Rate Effect-3.008.00-55.6%-27.00-268.8%6.00-7.00-135.0%18.0016.00-30.00-257.9%
Net Change in Cash283.00-655.00-134.7%607.00+359.8%-370.00-69.00-154.8%1,888.00132.00-473.00-235.5%
Free Cash Flow182.00-88.0%877.00-78.0%-44.00-669.001,513.00+65.0%3,993.00+3597.2%-633.00-270.2%-170.00-108.0%
Price to Free Cash Flow ratio-54.899.268.657.778.16-101.04

Revenue breakdown

USD millions, so a column adds up to the income statement. Share is of the latest year in that split. The change is versus the older year shown, not TTM.

Product
Name20242025vs 20242025 share
Total Fats & Oils revenue85,530.0080,269.00-6.2%100.0%
Total85,530.0080,269.00-6.2%100.0%
Region
Name20242025vs 20242025 share
Brazil3,353.003,358.00+0.1%4.2%
Canada2,055.001,767.00-14.0%2.2%
Cayman Islands5,603.006,093.00+8.7%7.6%
Mexico3,209.002,741.00-14.6%3.4%
Other foreign15,697.0015,227.00-3.0%19.0%
Switzerland19,877.0017,793.00-10.5%22.2%
United Kingdom2,186.002,115.00-3.2%2.6%
United States33,550.0031,175.00-7.1%38.8%
Total85,530.0080,269.00-6.2%100.0%
Segment
Name20242025vs 20242025 share
Total Fats & Oils revenue85,530.0080,269.00-6.2%100.0%
Total85,530.0080,269.00-6.2%100.0%

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-302.62%12.4M472.6M3.50M
2026-10-152.54%12.2M478.6M3.67M
2026-09-302.67%12.8M478.6M3.67M
2026-09-153.05%14.6M478.6M3.73M
2026-08-313.02%14.4M478.6M3.65M
2026-08-142.56%12.2M478.6M3.69M
2026-07-313.41%16.3M478.7M3.78M
2026-07-153.50%16.8M478.7M3.71M
2026-06-303.68%17.6M478.7M3.72M
2026-06-153.08%14.8M478.2M3.90M
2026-05-292.78%13.3M478.7M4.03M
2026-05-152.82%13.5M478.7M3.93M
2026-04-302.71%13.0M478.7M3.89M
2026-04-152.84%13.6M478.2M3.95M
2026-03-312.74%13.1M477.5M4.08M
2026-03-133.30%15.8M477.5M3.60M
2026-02-272.70%12.9M477.5M3.33M
2026-02-132.78%13.3M477.5M3.37M
2026-01-302.80%13.4M477.1M3.36M
2026-01-153.00%14.3M477.1M3.16M

Option chain

expiry 2026-11-20
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call40.0030.3031.9036.302.9171.000.000.981-0.0570.005
call42.5028.0029.400.002.6680.000.000.980-0.0570.005
call45.0025.2026.900.002.4250.000.000.978-0.0560.005
call47.5022.7024.4035.842.19410.000.000.975-0.0550.006
call50.0020.4021.9021.491.9720.000.000.972-0.0540.006
call55.0015.5016.900.001.5470.000.000.965-0.0510.008
call60.0010.2011.909.401.1532.000.000.952-0.0470.010
call65.005.206.805.080.7249.000.000.915-0.0470.016
call67.503.303.902.500.39242.000.000.837-0.0600.026
call70.001.401.852.050.31578429.000.615-0.0910.040
call72.500.450.550.500.2751,29332.000.350-0.0870.038
call75.000.050.200.150.31927511.000.162-0.0610.026
call77.500.000.550.150.3796701.000.067-0.0340.013
call80.000.000.150.050.4831,7774.000.049-0.0330.011
call82.500.000.050.040.51520,2502.000.025-0.0200.006
call85.000.000.050.020.5811,9680.000.023-0.0210.006
call87.500.000.400.100.6799780.000.020-0.0220.005
call90.000.000.450.050.7541,0590.000.018-0.0220.005
call92.500.000.100.040.8245501.000.017-0.0230.004
call95.000.000.450.310.8974230.000.016-0.0230.004
call1000.000.450.131.02986.000.000.014-0.0240.004
call1050.000.450.111.15217.000.000.013-0.0250.003
call1100.000.050.051.19721.000.000.012-0.0230.003
call1150.000.450.181.3753.000.000.011-0.0260.003
call1200.000.450.101.4775.000.000.010-0.0270.003
call1250.000.450.001.5740.000.000.010-0.0270.003
call1300.000.050.031.6455010.000.009-0.0270.003
put40.000.000.450.002.0070.000.00-0.018-0.0590.005
put42.500.000.450.001.8180.000.00-0.020-0.0580.005
put45.000.000.450.001.6400.000.00-0.022-0.0570.005
put47.500.000.450.001.4700.000.00-0.024-0.0550.006
put50.000.000.450.051.30720.000.00-0.027-0.0540.006
put55.000.000.200.100.99920.000.00-0.035-0.0510.008
put60.000.000.500.040.7091400.00-0.047-0.0460.010
put65.000.050.150.190.4257250.00-0.085-0.0460.016
put67.500.200.300.280.3481329.00-0.163-0.0580.026
put70.000.851.150.770.3874315.00-0.384-0.0890.040
put72.502.252.802.100.4665853.00-0.650-0.0840.038
put75.004.204.905.530.5586080.00-0.837-0.0580.026
put77.506.207.306.500.6891,1484.00-0.933-0.0310.013
put80.008.709.809.080.8334823.00-0.950-0.0300.011
put82.5011.1012.8012.851.1463710.00-0.974-0.0170.006
put85.0013.7014.8014.001.0884015.00-0.977-0.0170.006
put87.5016.0017.6017.221.32832.000.00-0.979-0.0180.005
put90.0018.3020.3019.301.5215.000.00-0.981-0.0180.005
put92.5020.8023.2010.651.7822.000.00-0.983-0.0190.004
put95.0023.3025.600.001.8550.000.00-0.984-0.0190.004
put10028.6030.300.001.9380.000.00-0.985-0.0190.004
put10533.3035.600.002.2480.000.00-0.987-0.0190.003
put11038.3040.500.002.3800.000.00-0.988-0.0190.003
put11543.3045.200.002.4010.000.00-0.988-0.0190.003
put12048.3050.200.002.5480.000.00-0.989-0.0190.003
put12553.3055.400.002.7910.000.00-0.990-0.0190.003
put13058.3059.800.002.5850.000.00-0.990-0.0190.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-094Statement of changes in beneficial ownership of securities2026-11-05SEC
2026-11-094/A2026-02-05SEC
2026-11-03S-8Initial registration statement for securities to be offered to employees pursuant to employee benefit plansSEC
2026-11-0310-QQuarterly report pursuant to Section 13 or 15(d)2026-09-30SEC
2026-11-038-KCurrent report2026-11-03SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-10-054Statement of changes in beneficial ownership of securities2026-10-01SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-114Statement of changes in beneficial ownership of securities2026-09-09SEC
2026-09-104Statement of changes in beneficial ownership of securities2026-09-08SEC
2026-08-194Statement of changes in beneficial ownership of securities2026-08-17SEC
2026-08-183Initial statement of beneficial ownership of securities2026-08-17SEC
2026-08-128-KCurrent report2026-08-06SEC
2026-08-108-KCurrent report2026-08-10SEC
2026-08-06424B2SEC
2026-08-054Statement of changes in beneficial ownership of securities2026-08-03SEC
2026-08-05FWPFiling under Securities Act Rule 163/433 of free writing prospectuses.SEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-11196.76K100
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-03008.44M3
2026-02486.72K11.68M1
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
STATE FARM MUTUAL AUTOMOBILE INSURANCE CO9.71%
BlackRock, Inc.9.26%
STATE STREET CORP6.56%
VANGUARD CAPITAL MANAGEMENT LLC6.53%
VANGUARD PORTFOLIO MANAGEMENT LLC5.59%
WELLINGTON MANAGEMENT GROUP LLP3.67%
CHARLES SCHWAB INVESTMENT MANAGEMENT INC3.45%
DODGE & COX2.94%
GEODE CAPITAL MANAGEMENT, LLC2.83%
NORTHERN TRUST CORP2.38%

Funds

Fund% owned
VANGUARD INTERMEDIATE-TERM CORPORATE BOND INDEX FUND11.28%
Goldman Sachs Tactical Tilt Overlay Fund5.94%
Invesco BulletShares 2026 Corporate Bond ETF3.43%
VANGUARD TOTAL STOCK MARKET INDEX FUND3.17%
VANGUARD TOTAL BOND MARKET II INDEX FUND3.08%
Schwab U.S. Dividend Equity ETF2.73%
iShares iBonds Dec 2026 Term Corporate ETF2.70%
VANGUARD 500 INDEX FUND2.59%
Dodge & Cox Stock Fund2.21%
VANGUARD MID-CAP INDEX FUND2.17%

OakChart. ADM. Cached 15 minutes. Terms