Archer-Daniels-Midland Co
Archer-Daniels-Midland Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
The reported inputs required for this metric are unavailable in the extracted statements for this period.
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | — | 3.35% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | — | 1.98% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | — | 2.04% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | — | 2.28% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | — | 2.1% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | — | 2.52% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | — | — | — | 3.34% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | — | — | — | 3.35% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | — | — | — | 4.81% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | — | — | — | 5.35% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | — | — | — | 6.09% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | — | — | — | 6.94% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | — | — | — | 7.07% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | — | — | — | 7.21% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | — | — | — | 7.49% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | — | — | — | 7.42% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | — | — | — | 6.38% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | — | — | — | 5.28% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | — | — | — | 5.12% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | — | — | — | 5.38% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | — | — | — | 4.85% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | — | — | — | 4.15% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | — | — | — | 3.78% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | — | — | — | 3.67% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | — | — | — | 4.07% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | — | — | — | 3.36% | — |
| FY 2019 Q4 | Dec 31, 2019 | 5.26% | 5.38% | -27.79% | — | 3.25% | -2.4 pp |
| FY 2019 Q3 | Sep 30, 2019 | 4.87% | 5.22% | -102.67% | — | 2.92% | -2.8 pp |
| FY 2019 Q2 | Jun 30, 2019 | 5.31% | 5.71% | — | — | 3.24% | -2.4 pp |
| FY 2019 Q1 | Mar 31, 2019 | 6.37% | 7.01% | — | — | 3.92% | -1.3 pp |
| FY 2018 Q4 | Dec 31, 2018 | 7.56% | 7.66% | 90.11% | — | 4.48% | -0.1 pp |
| FY 2018 Q3 | Sep 30, 2018 | 8.84% | 8.07% | 65.11% | — | 5.81% | 1.1 pp |
| FY 2018 Q2 | Jun 30, 2018 | — | 6.88% | — | — | 5.06% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 5.83% | — | — | 4.09% | — |
| FY 2017 Q4 | Dec 31, 2017 | 6.45% | 5.82% | 25.1% | — | 4% | -1.2 pp |
| FY 2017 Q3 | Sep 30, 2017 | 5.05% | 6.17% | 7.02% | — | 3.12% | -2.7 pp |
| FY 2017 Q2 | Jun 30, 2017 | 5.63% | 7.31% | — | — | 3.54% | -2.1 pp |
| FY 2017 Q1 | Mar 31, 2017 | 5.4% | 6.89% | -820.67% | — | 3.5% | -2.3 pp |
| FY 2016 Q4 | Dec 31, 2016 | 5.11% | 6.29% | -65.87% | — | 3.2% | -2.6 pp |
| FY 2016 Q3 | Sep 30, 2016 | 4.96% | 5.29% | — | — | 3.9% | -2.7 pp |
| FY 2016 Q2 | Jun 30, 2016 | 4.94% | 5.4% | — | — | 3.68% | -2.8 pp |
| FY 2016 Q1 | Mar 31, 2016 | 5.59% | 5.95% | — | — | 3.9% | -2.1 pp |
| FY 2015 Q4 | Dec 31, 2015 | 6.74% | 7.13% | — | — | 4.39% | -1 pp |
| FY 2015 Q3 | Sep 30, 2015 | — | — | — | — | 4.43% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | — | — | — | 5.78% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | — | — | — | 5.95% | — |
| FY 2014 Q4 | Dec 31, 2014 | 8.54% | 10.11% | 265.45% | — | 5.12% | 0.8 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | — | — | — | 4.61% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | — | — | — | 4.12% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | — | — | — | 3.17% | — |
| FY 2013 Q4 | Dec 31, 2013 | — | — | — | — | — | — |
| FY 2013 Q3 | Sep 30, 2013 | — | — | — | — | — | — |
| FY 2013 Q2 | Jun 30, 2013 | — | — | — | — | — | — |
| FY 2013 Q1 | Mar 31, 2013 | — | — | — | — | — | — |
| FY 2012 Q3 | Sep 30, 2012 | — | — | — | — | — | — |
| FY 2012 Q2 | Dec 31, 2011 | — | — | — | — | 3.56% | — |
| FY 2012 Q1 | Sep 30, 2011 | — | — | — | — | 5.55% | — |
| FY 2011 Q4 | Jun 30, 2011 | — | — | — | — | 5.52% | — |
| FY 2011 Q3 | Mar 31, 2011 | — | — | — | — | 5.52% | — |
| FY 2011 Q2 | Dec 31, 2010 | — | — | — | — | 5.11% | — |
| FY 2011 Q1 | Sep 30, 2010 | — | — | — | — | 5.24% | — |
| FY 2010 Q4 | Jun 30, 2010 | — | — | — | — | — | — |
| FY 2010 Q3 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2010 Q2 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2010 Q1 | Sep 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · ADM, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.