ADM Q4 adjusted EPS falls 24% to $0.87; 2026 adjusted EPS outlook $3.60 to $4.25
ADM reported fourth-quarter 2025 revenue of $18.6 billion, down from $21.5 billion a year earlier, and adjusted EPS of $0.87, down 24%. Full-year 2025 adjusted EPS was $3.43, down 28%, and ADM issued 2026 adjusted EPS guidance of approximately $3.60 to $4.25 while raising its quarterly dividend 2%.
Key points
- Q4 2025 net earnings attributable to ADM were $456 million; diluted GAAP EPS was $0.94 versus $1.17 a year earlier
- Full-year 2025 revenue was $80.3 billion versus $85.5 billion in 2024; diluted GAAP EPS was $2.23 versus $3.65
- 2026 adjusted EPS outlook of approximately $3.60 to $4.25; the lower end assumes continued U.S. biofuel policy deferral and flat crush margins
- Quarterly dividend raised to 52.0 cents per share from 51.0 cents, payable March 10, 2026 to holders of record on February 17, 2026
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 03, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.