Name | Value |
---|---|
Revenues | 21.7B |
Cost of Revenue | 19.9B |
Gross Profit | 1.8B |
Operating Expense | 0.8B |
Operating I/L | 1.0B |
Other Income/Expense | 0.0B |
Interest Income | 0.2B |
Pretax | 1.0B |
Income Tax Expense | 0.2B |
Net Income/Loss | 0.8B |
Archer-Daniels-Midland Company operates through three segments: Ag Services and Oilseeds, Carbohydrate Solutions, and Nutrition. It procures, processes, and merchandises agricultural commodities, including oilseeds, corn, wheat, and barley. The company also offers vegetable oils, protein meals, sweeteners, starches, alcohol, animal feed ingredients, natural flavors, and specialty food and feed ingredients. Additionally, it provides futures commission merchant and commodity brokerage services. ADM generates revenue through the procurement, transportation, storage, processing, and distribution of agricultural raw materials and food and feed ingredients, as well as through structured trade finance activities.