Archer-Daniels-Midland Co (MIL:1ADM) EBIT: €1,685 Mil (TTM As of Mar. 2026)


MIL:1ADM Archer-Daniels-Midland Co MIL:1ADM
46 GF Score
Price €65.06
GF Value €51.28
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Archer-Daniels-Midland Co EBIT?

Archer-Daniels-Midland Co MIL:1ADM 46 EBIT is €1,685 Mil as of Mar. 2026. GuruFocus rates MIL:1ADM with a GF Score™ of 46/100 and a GF Value™ of €51.28 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Archer-Daniels-Midland Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €461 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €1,685 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Archer-Daniels-Midland Co's annualized ROC % for the quarter that ended in Mar. 2026 was 1.80%. Archer-Daniels-Midland Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.65%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Archer-Daniels-Midland Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.11%.


Archer-Daniels-Midland Co  (MIL:1ADM) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Archer-Daniels-Midland Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=903.06 * ( 1 - 21.09% )/( (38032.036 + 41236.28)/ 2 )
=712.604646/39634.158
=1.80 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=44740.206 - 5814.032 - ( 894.138 - max(0, 16682.036 - 22771.91+894.138))
=38032.036

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=48092.27 - 6316.23 - ( 539.76 - max(0, 19790.335 - 25944.81+539.76))
=41236.28

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Archer-Daniels-Midland Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1844.18/( ( (10675.854 + max(5959.212, 0)) + (10617.01 + max(7370.665, 0)) )/ 2 )
=1844.18/( ( 16635.066 + 17987.675 )/ 2 )
=1844.18/17311.3705
=10.65 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3069.276 + 8855.126 + 8917.468) - (5814.032 + 8064.322 + 1004.304)
=5959.212

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3924.505 + 10155.965 + 10336.75) - (6316.23 + 9277.99 + 1452.335)
=7370.665

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Archer-Daniels-Midland Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1684.853/41027.207
=4.11 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Archer-Daniels-Midland Co EBIT Related Terms


Archer-Daniels-Midland Co EBIT Historical Data

* Premium members only.

The historical data trend for Archer-Daniels-Midland Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Archer-Daniels-Midland Co EBIT Chart

Archer-Daniels-Midland Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,166.53 5,313.78 4,530.90 2,827.76 1,594.42

Archer-Daniels-Midland Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 472.68 440.44 255.60 527.77 461.05

MIL:1ADM vs BG, TSN, CALM: EBIT Comparison

For the Farm Products subindustry, Archer-Daniels-Midland Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Archer-Daniels-Midland Co EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels-Midland Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Archer-Daniels-Midland Co's EV-to-EBIT falls into.


MIL:1ADM
46GF Score
Archer-Daniels-Midland Co MIL:1ADM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Archer-Daniels-Midland Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,685 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of €1,685 Mil mean?
Archer-Daniels-Midland Co (MIL:1ADM) has a EBIT of €1,685 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Archer-Daniels-Midland Co.
Is Archer-Daniels-Midland Co's EBIT too high?
Archer-Daniels-Midland Co's current EBIT is €1,685 Mil. Overall, Archer-Daniels-Midland Co has a GF Score™ of 46/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Archer-Daniels-Midland Co's EBIT compare to BG and TSN?
Archer-Daniels-Midland Co's EBIT of €1,685 Mil can be compared against companies in the Consumer Packaged Goods industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for a Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Archer-Daniels-Midland Co. Archer-Daniels-Midland Co's current EBIT is €1,685 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Archer-Daniels-Midland Co stock overvalued right now?
Based on GuruFocus' analysis, Archer-Daniels-Midland Co (MIL:1ADM) is currently considered Modestly Overvalued. The stock's GF Value™ is €51.28, compared to a current price of €65.06 — trading 26.9% above its estimated fair value. The current EBIT is €1,685 Mil. Archer-Daniels-Midland Co's overall GF Score™ is 46/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Archer-Daniels-Midland Co (MIL:1ADM), the current EBIT is €1,685 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Archer-Daniels-Midland Co (MIL:1ADM) Overvalued in 2026?

Based on GuruFocus' analysis, Archer-Daniels-Midland Co stock appears to be overvalued. The current stock price of €65.06 is trading 26.9% above its estimated GF Value™ of €51.28. GuruFocus considers Archer-Daniels-Midland Co to be Modestly Overvalued.

Key valuation signals for MIL:1ADM:

  • EBIT: €1,685 Mil
  • GF Value™: €51.28 vs. price of €65.06 (26.9% above fair value)
  • GF Score™: 46/100 with 10 warning signs

No single metric tells the full story. See the MIL:1ADM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Archer-Daniels-Midland Co Business Description

Address 77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Archer-Daniels-Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.
46GF Score

Get the complete analysis for MIL:1ADM

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€65.06
Price
€51.28
GF Value