Archer-Daniels-Midland Company (ADM)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 5,778,000 | 7,513,000 | 7,570,000 | 5,987,000 | 4,453,000 |
| Revenue | US$ in thousands | 85,530,000 | 93,935,000 | 101,848,000 | 85,249,000 | 64,355,000 |
| Gross profit margin | 6.76% | 8.00% | 7.43% | 7.02% | 6.92% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $5,778,000K ÷ $85,530,000K
= 6.76%
Archer-Daniels-Midland Company's gross profit margin has shown a fluctuating trend over the past five years. It increased from 6.92% in December 31, 2020, to 8.00% in December 31, 2023, indicating an improvement in the company's ability to generate profit from its core operations. However, in December 31, 2024, the gross profit margin decreased to 6.76%, which may suggest potential challenges in managing production costs or pricing strategies. Overall, maintaining a stable or increasing gross profit margin is essential for the company's profitability and operational efficiency.
Peer comparison
Dec 31, 2024