ADM ADM Q4 2025 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Tue, February 3, 2026 astatine 10:48 AM CST 44 min read

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Tuesday, Feb. 3, 2026 astatine 8:30 a.m. ET

• Chairman, President, and Chief Executive Officer — Juan Luciano

• Chief Financial Officer — Monish Patolawala

• Vice President, Investor Relations — Kate Walsh

Juan Luciano: We person prepared presumption slides to supplement our remarks connected the telephone today, which are posted connected the Investor Relations conception of the ADM website and done the nexus to our webcast. Some of our comments and materials whitethorn represent forward-looking statements that bespeak management's existent views and estimates of aboriginal economical circumstances, manufacture conditions, institution performance, and fiscal results. These statements and materials are based connected galore assumptions and factors and are taxable to galore risks and uncertainties. ADM has provided further accusation successful its reports connected record with the SEC concerning assumptions and factors that could origin existent results to disagree materially from those successful this presumption and the materials.

Unless different required by law, ADM assumes nary work to update immoderate forward-looking statements owed to caller accusation oregon aboriginal events. In addition, during today's call, we volition notation to definite non-GAAP oregon adjusted fiscal measures. Reconciliations of these non-GAAP fiscal measures to the astir straight comparable GAAP fiscal measures are disposable successful our net property merchandise and presumption slides, which tin beryllium recovered successful the Investor Relations conception of the ADM website. With that, I volition present crook the telephone implicit to Juan. Thank you, Kate.

Juan Luciano: Hello, and invited to each who person joined the call. Please crook to descent four, wherever we person outlined our show highlights. Today, ADM reported 4th fourth adjusted net per stock of $0.87 and full-year adjusted net per stock of $3.43. Total conception operating nett was $821 cardinal for the 4th fourth and $3.2 cardinal for the afloat year. Our trailing 4th fourth adjusted ROIC was 6.3%, and currency travel from operations earlier moving superior changes was $2.7 cardinal for 2025. We besides made bully strides successful managing our moving capital, and, for example, we realized a $1.5 cardinal currency travel payment from inventory reduction. I'll stock a fewer highlights from crossed our concern for the 4th quarter.

Our AS and O squad delivered grounds crush volumes successful South America, our carbohydrate solutions squad capitalized connected SNO opportunities, and our nutrition squad continued to amended execution crossed the board. And passim our operating footprint, planetary teams improved manufacturing efficiencies. I americium arrogant of the team's rigor astir focused execution and superior subject passim the year. And successful the 4th quarter, we paid our 376th consecutive quarterly dividend. Please crook to Slide five. We navigated the dynamic and hard marketplace during 2025. And arsenic we steered done those headwinds, we intensified our absorption connected areas wrong our power and prepared our concern to instrumentality afloat vantage of what is expected to go a much constructive operating situation going forward.