Archer-Daniels-Midland Co
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
ADM$69.97-0.7%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
| Year Ended | |||
|---|---|---|---|
| December 31 | |||
| 2024 | 2023 | 2022 | |
| (In millions, except per share amounts) | |||
| Revenues | $85,530 | $93,935 | $101,556 |
| Cost of products sold | 79,752 | 86,422 | 93,986 |
| Gross Profit | 5,778 | 7,513 | 7,570 |
| Selling, general, and administrative expenses | 3,706 | 3,456 | 3,358 |
| Asset impairment, exit, and restructuring costs | 545 | 342 | 66 |
| Equity in earnings of unconsolidated affiliates | (621) | (551) | (832) |
| Interest and investment income | (562) | (499) | (293) |
| Interest expense | 706 | 647 | 396 |
| Other (income) expense - net | (251) | (176) | (358) |
| Earnings Before Income Taxes | 2,255 | 4,294 | 5,233 |
| Income tax expense | 476 | 828 | 868 |
| Net Earnings Including Non-controlling Interests | 1,779 | 3,466 | 4,365 |
| Net earnings (losses) attributable to non-controlling interests | (21) | (17) | 25 |
| Net Earnings Attributable to Controlling Interests | $1,800 | $3,483 | $4,340 |
| Weighted average number of shares outstanding – basic | 492 | 541 | 562 |
| Weighted average number of shares outstanding – diluted | 493 | 542 | 563 |
| Basic earnings per common share | $3.66 | $6.44 | $7.72 |
| Diluted earnings per common share | $3.65 | $6.43 | $7.71 |
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