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Side-by-side financial comparison of Archer Daniels Midland (ADM) and HF Sinclair Corp (DINO). Click either name above to swap in a different company.
HF Sinclair Corp is the larger business by last-quarter revenue ($6.5B vs $6.1B, roughly 1.1× Archer Daniels Midland). Archer Daniels Midland runs the higher net margin — 7.5% vs -0.4%, a 8.0% gap on every dollar of revenue. On growth, Archer Daniels Midland posted the faster year-over-year revenue change (123.5% vs -0.6%). HF Sinclair Corp produced more free cash flow last quarter ($-123.0M vs $-669.0M). Over the past eight quarters, HF Sinclair Corp's revenue compounded faster (-4.1% CAGR vs -47.4%).
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.
HF Sinclair Corporation is an American energy company that manufactures and sells products such as gasoline, diesel fuel, jet fuel, renewable diesel, specialty lubricant products, specialty chemicals, and specialty and modified asphalt, among others. It is based in Dallas, Texas, United States.
ADM vs DINO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $6.1B | $6.5B |
| Net Profit | $456.0M | $-28.0M |
| Gross Margin | 20.0% | — |
| Operating Margin | 7.9% | 0.1% |
| Net Margin | 7.5% | -0.4% |
| Revenue YoY | 123.5% | -0.6% |
| Net Profit YoY | -19.6% | 86.9% |
| EPS (diluted) | $0.95 | $-0.15 |
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.
| Q4 25 | $6.1B | $6.5B | ||
| Q3 25 | $6.4B | $7.3B | ||
| Q2 25 | $6.3B | $6.8B | ||
| Q1 25 | $6.1B | $6.4B | ||
| Q4 24 | $-25.7B | $6.5B | ||
| Q3 24 | $6.0B | $7.2B | ||
| Q2 24 | $22.2B | $7.8B | ||
| Q1 24 | $21.8B | $7.0B |
| Q4 25 | $456.0M | $-28.0M | ||
| Q3 25 | $108.0M | $403.0M | ||
| Q2 25 | $219.0M | $208.0M | ||
| Q1 25 | $295.0M | $-4.0M | ||
| Q4 24 | $567.0M | $-213.5M | ||
| Q3 24 | $18.0M | $-75.9M | ||
| Q2 24 | $486.0M | $151.8M | ||
| Q1 24 | $729.0M | $314.7M |
| 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 24 | 7.6% | 15.7% |
| Q4 25 | 7.9% | 0.1% | ||
| Q3 25 | 2.3% | 7.8% | ||
| Q2 25 | 4.4% | 4.1% | ||
| Q1 25 | 5.7% | 1.3% | ||
| Q4 24 | — | -3.5% | ||
| Q3 24 | 1.8% | -1.7% | ||
| Q2 24 | 2.7% | 2.5% | ||
| Q1 24 | 4.1% | 5.8% |
| Q4 25 | 7.5% | -0.4% | ||
| Q3 25 | 1.7% | 5.6% | ||
| Q2 25 | 3.5% | 3.1% | ||
| Q1 25 | 4.8% | -0.1% | ||
| Q4 24 | -2.2% | -3.3% | ||
| Q3 24 | 0.3% | -1.1% | ||
| Q2 24 | 2.2% | 1.9% | ||
| Q1 24 | 3.3% | 4.5% |
| Q4 25 | $0.95 | $-0.15 | ||
| Q3 25 | $0.22 | $2.15 | ||
| Q2 25 | $0.45 | $1.10 | ||
| Q1 25 | $0.61 | $-0.02 | ||
| Q4 24 | $1.21 | $-1.05 | ||
| Q3 24 | $0.04 | $-0.40 | ||
| Q2 24 | $0.98 | $0.79 | ||
| Q1 24 | $1.42 | $1.57 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $978.0M |
| Total DebtLower is stronger | $7.6B | $2.8B |
| Stockholders' EquityBook value | $22.7B | $9.2B |
| Total Assets | $52.4B | $16.5B |
| Debt / EquityLower = less leverage | 0.33× | 0.30× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.0B | $978.0M | ||
| Q3 25 | $1.2B | $1.5B | ||
| Q2 25 | $1.1B | $874.0M | ||
| Q1 25 | $864.0M | $547.0M | ||
| Q4 24 | $611.0M | $800.0M | ||
| Q3 24 | $784.0M | $1.2B | ||
| Q2 24 | $764.0M | $866.3M | ||
| Q1 24 | $830.0M | $1.2B |
| Q4 25 | $7.6B | $2.8B | ||
| Q3 25 | — | $2.8B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | $8.3B | $2.6B | ||
| Q3 24 | $7.6B | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $22.7B | $9.2B | ||
| Q3 25 | $22.5B | $9.4B | ||
| Q2 25 | $22.4B | $9.3B | ||
| Q1 25 | $22.1B | $9.2B | ||
| Q4 24 | $22.2B | $9.3B | ||
| Q3 24 | $22.0B | $9.6B | ||
| Q2 24 | $22.2B | $9.9B | ||
| Q1 24 | $23.2B | $10.2B |
| Q4 25 | $52.4B | $16.5B | ||
| Q3 25 | $51.9B | $17.3B | ||
| Q2 25 | $52.0B | $16.8B | ||
| Q1 25 | $53.4B | $16.5B | ||
| Q4 24 | $53.3B | $16.6B | ||
| Q3 24 | $52.2B | $16.9B | ||
| Q2 24 | $52.7B | $17.4B | ||
| Q1 24 | $54.8B | $17.9B |
| Q4 25 | 0.33× | 0.30× | ||
| Q3 25 | — | 0.29× | ||
| Q2 25 | — | 0.29× | ||
| Q1 25 | — | 0.29× | ||
| Q4 24 | 0.37× | 0.29× | ||
| Q3 24 | 0.35× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-313.0M | $8.0M |
| Free Cash FlowOCF − Capex | $-669.0M | $-123.0M |
| FCF MarginFCF / Revenue | -11.1% | -1.9% |
| Capex IntensityCapex / Revenue | 5.9% | 2.0% |
| Cash ConversionOCF / Net Profit | -0.69× | — |
| TTM Free Cash FlowTrailing 4 quarters | $4.2B | $866.0M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-313.0M | $8.0M | ||
| Q3 25 | $1.8B | $809.0M | ||
| Q2 25 | $4.3B | $587.0M | ||
| Q1 25 | $-342.0M | $-89.0M | ||
| Q4 24 | $322.0M | $-140.4M | ||
| Q3 24 | $1.3B | $707.6M | ||
| Q2 24 | $468.0M | $225.9M | ||
| Q1 24 | $700.0M | $316.9M |
| Q4 25 | $-669.0M | $-123.0M | ||
| Q3 25 | $1.5B | $688.0M | ||
| Q2 25 | $4.0B | $476.0M | ||
| Q1 25 | $-633.0M | $-175.0M | ||
| Q4 24 | $-170.0M | $-313.5M | ||
| Q3 24 | $919.0M | $584.0M | ||
| Q2 24 | $106.0M | $141.7M | ||
| Q1 24 | $372.0M | $227.8M |
| Q4 25 | -11.1% | -1.9% | ||
| Q3 25 | 23.6% | 9.5% | ||
| Q2 25 | 63.0% | 7.0% | ||
| Q1 25 | -10.3% | -2.7% | ||
| Q4 24 | 0.7% | -4.8% | ||
| Q3 24 | 15.3% | 8.1% | ||
| Q2 24 | 0.5% | 1.8% | ||
| Q1 24 | 1.7% | 3.2% |
| Q4 25 | 5.9% | 2.0% | ||
| Q3 25 | 4.6% | 1.7% | ||
| Q2 25 | 4.8% | 1.6% | ||
| Q1 25 | 4.7% | 1.4% | ||
| Q4 24 | -1.9% | 2.7% | ||
| Q3 24 | 6.4% | 1.7% | ||
| Q2 24 | 1.6% | 1.1% | ||
| Q1 24 | 1.5% | 1.3% |
| Q4 25 | -0.69× | — | ||
| Q3 25 | 16.75× | 2.01× | ||
| Q2 25 | 19.63× | 2.82× | ||
| Q1 25 | -1.16× | — | ||
| Q4 24 | 0.57× | — | ||
| Q3 24 | 72.22× | — | ||
| Q2 24 | 0.96× | 1.49× | ||
| Q1 24 | 0.96× | 1.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ADM
| Starchesandsweeteners | $1.4B | 23% |
| Ag Services | $1.1B | 18% |
| Human Nutrition | $961.0M | 16% |
| Refined Productsand Other | $924.0M | 15% |
| Animal Nutrition | $825.0M | 14% |
| Vantage Corn Processors | $700.0M | 12% |
| Transferred Over Time | $176.0M | 3% |
| Crushing | $59.0M | 1% |
DINO
| Transportation Fuels | $5.0B | 77% |
| Lubricants And Specialties Segment | $586.0M | 9% |
| Lubricants And Specialty Products | $531.0M | 8% |
| Crude Oil | $213.0M | 3% |
| Renewables Segment | $163.0M | 3% |
| Midstream Segment | $35.0M | 1% |
| Transportation And Logistic Services | $34.0M | 1% |
