ADM overview
Archer-Daniels-Midland Company is a Chicago-based agricultural supply-chain manager and processor. Its three reportable segments are Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition.
2025 financial results
ADM reported $80.269 billion of revenue and $1.078 billion of net income for the year ended December 31, 2025. Revenue declined from $85.530 billion in 2024 and $93.935 billion in 2023.
Founding and leadership
John W. Daniels formed Daniels Linseed Company in Minneapolis in 1902. George A. Archer joined in 1903, the business became Archer Daniels Linseed Company in 1905, and the 1923 Midland merger created Archer Daniels Midland. Juan R. Luciano became CEO on January 1, 2015 and remains chair and CEO.
Portfolio and risks
ADM expanded in nutrition through acquisitions including WILD Flavors, Neovia and Sojaprotein. Its results remain exposed to commodity and processing margins, weather, trade disruption, biofuel policy, operating reliability and financial-reporting controls. In January 2026, ADM agreed to pay a $40 million civil penalty to settle SEC accounting and disclosure charges without admitting or denying the findings.