Archer-Daniels-Midland Company (ADM)
Net profit margin
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 3,483,000 | 3,937,000 | 4,147,000 | 4,456,000 | 4,340,000 | 4,103,000 | 3,598,000 | 3,074,000 | 2,709,000 | 2,614,000 | 2,313,000 | 2,070,000 | 1,772,000 | 1,589,000 | 1,771,000 | 1,537,000 | 1,379,000 | 1,190,000 | 1,319,000 | 1,650,000 |
| Revenue (ttm) | US$ in thousands | 93,935,000 | 96,896,000 | 99,884,000 | 101,978,000 | 101,556,000 | 98,707,000 | 94,364,000 | 90,006,000 | 85,249,000 | 80,137,000 | 74,923,000 | 68,278,000 | 64,355,000 | 62,706,000 | 64,306,000 | 64,322,000 | 64,656,000 | 64,274,000 | 63,348,000 | 64,119,000 |
| Net profit margin | 3.71% | 4.06% | 4.15% | 4.37% | 4.27% | 4.16% | 3.81% | 3.42% | 3.18% | 3.26% | 3.09% | 3.03% | 2.75% | 2.53% | 2.75% | 2.39% | 2.13% | 1.85% | 2.08% | 2.57% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $3,483,000K ÷ $93,935,000K
= 3.71%
The net profit margin of Archer-Daniels-Midland Company has shown a fluctuating trend over the past few quarters. The net profit margin indicates the percentage of revenue that translates into net income after accounting for all expenses.
In the most recent quarter, ending on December 31, 2023, the net profit margin stood at 3.71%. This was a slight decrease from the previous quarter's 4.06% on September 30, 2023.
Looking further back, the company experienced fluctuations in its net profit margin, with a peak of 4.37% in March 31, 2023, and a low of 1.85% in March 31, 2019.
Overall, the trend in the net profit margin demonstrates variability in the company's ability to generate profits relative to its revenue. It would be important to further investigate the factors influencing these fluctuations to assess the company's financial performance and sustainability.
Peer comparison
Dec 31, 2023