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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
~$37B
P/E ratio
~34×
Forward P/E
~15×
Div yield
~2.9%
Revenue
~$80B
Net income
~$1.1B
Rev. growth
-6%
Dividend streak
51 yrs
In plain English
ADM is the giant, mostly-invisible middleman of the food system: it buys soybeans, corn and other crops from farmers across the world, then crushes, mills and refines them into the cooking oils, protein meal, sweeteners, starches, ethanol and flavor ingredients that food, drink, animal-feed and biofuel companies build their products on. A 125-year-old Dividend King, it earns thin margins on enormous volumes — and in early 2026 settled a multi-year SEC accounting probe with a $40M fine.
In simple terms
What Archer-Daniels-Midland really sells
ADM is the giant, mostly-invisible middleman of the food system: it buys soybeans, corn and other crops from farmers across the world, then crushes, mills and refines them into the cooking oils, protein meal, sweeteners, starches, ethanol and flavor ingredients that food, drink, animal-feed and biofuel companies build their products on. A 125-year-old Dividend King, it earns thin margins on enormous volumes — and in early 2026 settled a multi-year SEC accounting probe with a $40M fine.
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