CHICAGO–(BUSINESS WIRE)– ADM (NYSE: ADM) today reported financial results for the fourth quarter and full year ended December 31, 2024.

Full-Year 2024 Highlights

• Net earnings of $1.8 billion, adjusted net earnings¹ of $2.3 billion
• Earnings per share²of $3.65, with adjusted earnings per share^1,2of $4.74, both down versus the prior year
• Trailing four-quarter average return on invested capital (ROIC) of 6.7%, trailing four-quarter average adjusted return on invested capital (ROIC)¹of 8.3%

2024 cash flows from operating activities were $2.8 billion, with cash flows from operations before working capital^1,3 of $3.3 billion, as compared to 2023 cash flows from operating activities of $4.5 billion and cash flows from operations before working capital^1,3 of $4.7 billion.

Board Chair and CEO Juan Luciano commented, “With softer market conditions and policy uncertainty around the world going into 2025, we are focused on improving our operational performance, accelerating costs savings, and simplifying our portfolio. As part of that effort, we are announcing targeted actions to deliver $500 – 750 million in cost savings over the next several years. This represents a continuation of ADM’s commitment to drive simplification and better align our resources to deliver long-term sustainable growth.

“We will also maintain our disciplined and balanced approach to capital allocation, including prioritizing selective strategic investments with strong return potential and returning cash to shareholders. In line with this, we are announcing a 2% increase in our quarterly dividend.”

ADM