Archer-Daniels-Midland (ADM) Operating Margin (2009 - 2026)
Archer-Daniels-Midland (ADM) reported Operating Margin of 3.95% for Q2 2026, up 2.43 percentage points from 1.52% a year earlier and up 2.74 percentage points from the prior quarter.
Archer-Daniels-Midland (ADM) Operating Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Archer-Daniels-Midland's Operating Margin came in at 1.91%, up 0.83 percentage points year-over-year; for FY2025, it was 1.18%, down 0.60 percentage points from FY2024.
- Operating Margin has declined for three consecutive years, with a five-year change of -1.44 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 1.79% in FY2024 (-2.17 pp), 3.95% in FY2023 (-0.13 pp), 4.08% in FY2022 (+0.76 pp) and 3.32% in FY2021 (+0.70 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q3 2023.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -0.61 percentage points.
- The high point for year-over-year Operating Margin in five years was Q2 2026 (a gain of 2.43 percentage points); the low point was Q3 2024 (a drop of 4.46 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 1.22% (Q1 2026), 1.44% (Q4 2025) and 0.74% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 38.74 Bn | 35.03 Bn | 1.94 Bn | 3.95% |
| 2 | Bunge Global | 20.95 Bn | 18.46 Bn | 1.68 Bn | 4.47% |
| 3 | Tyson Foods | 17.92 Bn | 14.28 Bn | 921.00 Mn | 2.61% |
| 4 | Jbs | 12.87 Bn | -20.24 Bn | 2.59 Bn | 2.50% |
| 5 | Darling Ingredients | 9.56 Bn | 9.16 Bn | 503.37 Mn | 32.20% |
| 6 | Smithfield Foods | 7.54 Bn | 2.49 Bn | 478.00 Mn | 7.84% |
| 7 | Pilgrims Pride | 6.69 Bn | 4.52 Bn | 339.75 Mn | 1.43% |
| 8 | Ingredion | 6.08 Bn | 2.26 Bn | 426.00 Mn | 10.16% |
| 9 | Seaboard | 3.94 Bn | -881.67 Mn | 221.00 Mn | 3.42% |
| 10 | Cal-Maine Foods | 3.16 Bn | 2.05 Bn | 34.07 Mn | -10.64% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.95% |
| Mar 31, 2026 | 1.22% |
| Dec 31, 2025 | 1.44% |
| Sep 30, 2025 | 0.74% |
| Jun 30, 2025 | 1.52% |
| Mar 31, 2025 | 1.04% |
| Dec 31, 2024 | 1.87% |
| Sep 30, 2024 | -0.24% |
| Jun 30, 2024 | 2.17% |
| Mar 31, 2024 | 3.16% |
| Dec 31, 2023 | 2.72% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 3.90% |
| Mar 31, 2023 | 4.95% |
| Dec 31, 2022 | 3.20% |
| Sep 30, 2022 | 3.91% |
| Jun 30, 2022 | 4.71% |
| Mar 31, 2022 | 4.51% |
| Dec 31, 2021 | 3.40% |
| Sep 30, 2021 | 2.97% |
Archer-Daniels-Midland Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=ADM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "ADM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=ADM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();