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Side-by-side financial comparison of Archer Daniels Midland (ADM) and Delta Air Lines (DAL). Click either name above to swap in a different company.
Archer Daniels Midland is the larger business by last-quarter revenue ($20.5B vs $16.0B, roughly 1.3× Delta Air Lines). On growth, Delta Air Lines posted the faster year-over-year revenue change (14.0% vs 1.6%). Over the past eight quarters, Delta Air Lines's revenue compounded faster (-2.0% CAGR vs -4.0%).
The Archer-Daniels-Midland Company, commonly known as ADM, is an American multinational food processing and commodities trading corporation founded in 1902 and headquartered in Chicago, Illinois. The company operates more than 270 plants and 420 crop procurement facilities worldwide, where cereal grains and oilseeds are processed into products used in food, beverage, nutraceutical, industrial, and animal feed markets worldwide.
Delta Air Lines, Inc. is a major airline in the United States headquartered in Atlanta, Georgia, operating nine hubs, with Hartsfield–Jackson Atlanta International Airport being its largest in terms of total passengers and number of departures. With its regional subsidiaries and contractors operating under the brand name Delta Connection, Delta has over 5,400 flights daily and serves 325 destinations in 52 countries on six continents.
ADM vs DAL — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $20.5B | $16.0B |
| Net Profit | $298.0M | — |
| Gross Margin | 6.0% | — |
| Operating Margin | — | 9.2% |
| Net Margin | 1.5% | — |
| Revenue YoY | 1.6% | 14.0% |
| Net Profit YoY | 1.0% | — |
| EPS (diluted) | $0.62 | $1.85 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $20.5B | $16.0B | ||
| Q4 25 | $6.1B | $16.0B | ||
| Q3 25 | $6.4B | $16.7B | ||
| Q2 25 | $6.3B | $16.6B | ||
| Q1 25 | $6.1B | $14.0B | ||
| Q4 24 | $-25.7B | $15.6B | ||
| Q3 24 | $6.0B | $15.7B | ||
| Q2 24 | $22.2B | $16.7B |
| Q1 26 | $298.0M | — | ||
| Q4 25 | $456.0M | $1.2B | ||
| Q3 25 | $108.0M | $1.4B | ||
| Q2 25 | $219.0M | $2.1B | ||
| Q1 25 | $295.0M | $240.0M | ||
| Q4 24 | $567.0M | $843.0M | ||
| Q3 24 | $18.0M | $1.3B | ||
| Q2 24 | $486.0M | $1.3B |
| Q1 26 | 6.0% | — | ||
| Q4 25 | 20.0% | — | ||
| Q3 25 | 19.8% | — | ||
| Q2 25 | 21.6% | — | ||
| Q1 25 | 19.2% | — | ||
| Q4 24 | — | — | ||
| Q3 24 | 22.8% | — | ||
| Q2 24 | 6.3% | — |
| Q1 26 | — | 9.2% | ||
| Q4 25 | 7.9% | 9.2% | ||
| Q3 25 | 2.3% | 10.1% | ||
| Q2 25 | 4.4% | 12.6% | ||
| Q1 25 | 5.7% | 4.1% | ||
| Q4 24 | — | 11.0% | ||
| Q3 24 | 1.8% | 8.9% | ||
| Q2 24 | 2.7% | 13.6% |
| Q1 26 | 1.5% | — | ||
| Q4 25 | 7.5% | 7.6% | ||
| Q3 25 | 1.7% | 8.5% | ||
| Q2 25 | 3.5% | 12.8% | ||
| Q1 25 | 4.8% | 1.7% | ||
| Q4 24 | -2.2% | 5.4% | ||
| Q3 24 | 0.3% | 8.1% | ||
| Q2 24 | 2.2% | 7.8% |
| Q1 26 | $0.62 | $1.85 | ||
| Q4 25 | $0.95 | $1.85 | ||
| Q3 25 | $0.22 | $2.17 | ||
| Q2 25 | $0.45 | $3.27 | ||
| Q1 25 | $0.61 | $0.37 | ||
| Q4 24 | $1.21 | $1.29 | ||
| Q3 24 | $0.04 | $1.97 | ||
| Q2 24 | $0.98 | $2.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $591.0M | $4.3B |
| Total DebtLower is stronger | $1.7B | $12.5B |
| Stockholders' EquityBook value | $22.8B | $20.9B |
| Total Assets | — | $81.3B |
| Debt / EquityLower = less leverage | 0.08× | 0.60× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $591.0M | $4.3B | ||
| Q4 25 | $1.0B | $4.3B | ||
| Q3 25 | $1.2B | $3.8B | ||
| Q2 25 | $1.1B | $3.3B | ||
| Q1 25 | $864.0M | $3.7B | ||
| Q4 24 | $611.0M | $3.1B | ||
| Q3 24 | $784.0M | $4.0B | ||
| Q2 24 | $764.0M | $4.2B |
| Q1 26 | $1.7B | $12.5B | ||
| Q4 25 | $7.6B | $12.5B | ||
| Q3 25 | — | $12.8B | ||
| Q2 25 | — | $12.8B | ||
| Q1 25 | — | $12.9B | ||
| Q4 24 | $8.3B | $14.0B | ||
| Q3 24 | $7.6B | $14.4B | ||
| Q2 24 | — | $15.0B |
| Q1 26 | $22.8B | $20.9B | ||
| Q4 25 | $22.7B | $20.9B | ||
| Q3 25 | $22.5B | $18.8B | ||
| Q2 25 | $22.4B | $17.4B | ||
| Q1 25 | $22.1B | $15.4B | ||
| Q4 24 | $22.2B | $15.3B | ||
| Q3 24 | $22.0B | $13.6B | ||
| Q2 24 | $22.2B | $12.4B |
| Q1 26 | — | $81.3B | ||
| Q4 25 | $52.4B | $81.3B | ||
| Q3 25 | $51.9B | $79.6B | ||
| Q2 25 | $52.0B | $78.4B | ||
| Q1 25 | $53.4B | $77.3B | ||
| Q4 24 | $53.3B | $75.4B | ||
| Q3 24 | $52.2B | $75.4B | ||
| Q2 24 | $52.7B | $75.2B |
| Q1 26 | 0.08× | 0.60× | ||
| Q4 25 | 0.33× | 0.60× | ||
| Q3 25 | — | 0.68× | ||
| Q2 25 | — | 0.74× | ||
| Q1 25 | — | 0.83× | ||
| Q4 24 | 0.37× | 0.92× | ||
| Q3 24 | 0.35× | 1.05× | ||
| Q2 24 | — | 1.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADM
| Ag Services and Oilseeds | $16.0B | 78% |
| Carbohydrate Solutions | $2.6B | 12% |
| Nutrition | $1.8B | 9% |
DAL
| Passenger Air Traffic | $10.8B | 67% |
| Product And Service Other Refinery | $1.7B | 10% |
| Product And Service Other Loyalty Program | $1.2B | 8% |
| Passenger Loyalty Travel Awards | $1.0B | 6% |
| Passenger Travel Related Services | $506.0M | 3% |
| Product And Service Other Ancillary Businesses | $380.0M | 2% |
| Cargo And Freight | $226.0M | 1% |
| Product And Service Other Miscellaneous | $71.0M | 0% |
