Archer-Daniels-Midland Company (ADM)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 1,798,000 | 2,601,000 | 3,042,000 | 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 |
| Revenue (ttm) | US$ in thousands | 87,010,000 | 88,768,000 | 91,710,000 | 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 |
| Net profit margin | 2.07% | 2.93% | 3.32% | 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% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,798,000K ÷ $87,010,000K
= 2.07%
Archer-Daniels-Midland Company's net profit margin has been showing a fluctuating trend over the past eight quarters. The net profit margin has ranged from a low of 2.07% in September 2024 to a high of 4.37% in March 2023.
The trend indicates that the company's ability to convert revenue into profit has varied over the periods analyzed. The recent net profit margins are in the range of 2.07% to 3.71%, with a slight downward trend in the most recent quarters.
Overall, while the company's net profit margins have shown some volatility, they have generally remained in a range between 2% to 4%. Further analysis would be needed to understand the factors driving these fluctuations and to assess the company's profitability performance in more detail.
Peer comparison
Sep 30, 2024