Question 1

What is Archer-Daniels-Midland's P/FCF ratio?

Accepted Answer

Archer-Daniels-Midland (ADM) P/FCF ratio is 8.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Archer-Daniels-Midland?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Archer-Daniels-Midland specifically, the relevant sector benchmark is the current sector median of 16.5×.

Question 5

Is Archer-Daniels-Midland's P/FCF ratio high or low?

Accepted Answer

Archer-Daniels-Midland's P/FCF ratio of 8.8× is below its own 5-year average of 30.3× and below the sector median of 16.5×. That places the current reading at the 32th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Archer-Daniels-Midland's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Archer-Daniels-Midland (ADM) P/FCF ratio has ranged from a low of 4.2× in 2013 to a high of 632.0× in 2012. The 5-year average is 30.3× and the 5-year median is 12.0×.

Question 7

What was Archer-Daniels-Midland's P/FCF ratio in 2025?

Accepted Answer

Archer-Daniels-Midland (ADM) P/FCF ratio at the end of 2025 was 6.6×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Archer-Daniels-Midland's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$27.8B	$4.2B	6.6×	-13.0×	Dec 31, 2025
2024	$24.1B	$1.23B	19.6×	+7.0×	Dec 31, 2024
2023	$37.6B	$2.97B	12.7×	-10.8×	Dec 31, 2023
2022	$50.8B	$2.16B	23.5×	+16.5×	Dec 31, 2022
2021	$37.9B	$5.43B	7.0×	—	Dec 31, 2021
2020	$28B	-$3.21B	—	—	Dec 31, 2020
2019	$25.8B	-$6.28B	—	—	Dec 31, 2019
2018	$22.9B	-$5.63B	—	—	Dec 31, 2018
2017	$22.3B	$1.16B	19.2×	-24.9×	Dec 31, 2017
2016	$26.2B	$593M	44.1×	+28.0×	Dec 31, 2016
2015	$21.8B	$1.36B	16.1×	+8.1×	Dec 31, 2015
2014	$33.1B	$4.15B	8.0×	+1.4×	Dec 31, 2014
2013	$28.6B	$4.31B	6.6×	—	Dec 31, 2013
2011	$19B	$3.33B	5.7×	—	Dec 31, 2011
2010	$19.2B	-$4.09B	—	—	Dec 31, 2010
2009	$20.1B	—	—	—	Dec 31, 2009
2008	$18.5B	$3.64B	5.1×	—	Dec 31, 2008
2007	$29.9B	-$3.86B	—	—	Dec 31, 2007
2006	$21B	-$668M	—	—	Dec 31, 2006
2005	$16.1B	$870M	18.5×	+7.4×	Dec 31, 2005
2004	$14.6B	$1.31B	11.2×	-37.5×	Dec 31, 2004
2003	$9.84B	$202M	48.6×	+17.7×	Dec 31, 2003
2002	$8.01B	$259M	31.0×	—	Dec 31, 2002
2001	$9.48B	—	—	—	Dec 31, 2001


Target (TGT)	18.7×
Tyson Foods (TSN)	18.4×
Colgate-Palmolive (CL)	18.2×
Kenvue (KVUE)	18.1×
Hormel Foods (HRL)	17.1×
Universal Corporation (UVV)	16.5×
Marzetti (MZTI)	15.3×
Kroger (KR)	14.3×
Brown-Forman (BF-B)	13.2×
Performance Food Group (PFGC)	12.9×
Altria Group (MO)	12.8×
Constellation Brands (STZ)	12.8×
Kimberly-Clark (KMB)	12.4×
Dollar Tree (DLTR)	12.0×
General Mills (GIS)	11.1×
McCormick & Company (MKC)	10.8×
Lamb Weston (LW)	10.3×
J. M. Smucker (SJM)	9.0×
Dollar General (DG)	8.7×
Coca-Cola Europacific Partners (CCEP)	8.3×
Molson Coors Beverage (TAP)	7.0×
Campbell Soup (CPB)	6.8×
Kraft Heinz (KHC)	6.6×
Conagra Brands (CAG)	6.4×
Albertsons Companies (ACI)	4.4×

P/FCF Ratio for Archer-Daniels-Midland (ADM) 2002-2026

P/FCF Ratio daily chart for Archer-Daniels-Midland (ADM)

Historical P/FCF Ratio for Archer-Daniels-Midland (ADM) from 2001 to 2025

About P/FCF Ratio at Archer-Daniels-Midland (ADM)

Archer-Daniels-Midland P/FCF Ratio by Year

Archer-Daniels-Midland P/FCF Ratio 2025: 6.6×

Archer-Daniels-Midland P/FCF Ratio 2024: 19.6×

Archer-Daniels-Midland P/FCF Ratio 2023: 12.7×

Archer-Daniels-Midland P/FCF Ratio 2022: 23.5×

Archer-Daniels-Midland P/FCF Ratio 2021: 7.0×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Archer-Daniels-Midland (ADM) Key Financials