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Side-by-side financial comparison of Archer Daniels Midland (ADM) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.

Archer Daniels Midland is the larger business by last-quarter revenue ($6.1B vs $4.7B, roughly 1.3× Flutter Entertainment plc). Archer Daniels Midland runs the higher net margin — 7.5% vs 0.2%, a 7.3% gap on every dollar of revenue. On growth, Archer Daniels Midland posted the faster year-over-year revenue change (123.5% vs 24.9%). Flutter Entertainment plc produced more free cash flow last quarter ($392.0M vs $-669.0M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% 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.

Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.

ADM vs FLUT — Head-to-Head

Bigger by revenue
ADM
ADM
1.3× larger
ADM
$6.1B
$4.7B
FLUT
Growing faster (revenue YoY)
ADM
ADM
+98.6% gap
ADM
123.5%
24.9%
FLUT
Higher net margin
ADM
ADM
7.3% more per $
ADM
7.5%
0.2%
FLUT
More free cash flow
FLUT
FLUT
$1.1B more FCF
FLUT
$392.0M
$-669.0M
ADM
Faster 2-yr revenue CAGR
FLUT
FLUT
Annualised
FLUT
18.1%
-47.4%
ADM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ADM
ADM
FLUT
FLUT
Revenue
$6.1B
$4.7B
Net Profit
$456.0M
$10.0M
Gross Margin
20.0%
44.5%
Operating Margin
7.9%
5.4%
Net Margin
7.5%
0.2%
Revenue YoY
123.5%
24.9%
Net Profit YoY
-19.6%
-93.6%
EPS (diluted)
$0.95
$0.00

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.

Revenue
ADM
ADM
FLUT
FLUT
Q4 25
$6.1B
$4.7B
Q3 25
$6.4B
$3.8B
Q2 25
$6.3B
$4.2B
Q1 25
$6.1B
$3.7B
Q4 24
$-25.7B
$3.8B
Q3 24
$6.0B
$3.2B
Q2 24
$22.2B
$3.6B
Q1 24
$21.8B
$3.4B
Net Profit
ADM
ADM
FLUT
FLUT
Q4 25
$456.0M
$10.0M
Q3 25
$108.0M
$-789.0M
Q2 25
$219.0M
$37.0M
Q1 25
$295.0M
$335.0M
Q4 24
$567.0M
$156.0M
Q3 24
$18.0M
$-114.0M
Q2 24
$486.0M
$297.0M
Q1 24
$729.0M
$-177.0M
Gross Margin
ADM
ADM
FLUT
FLUT
Q4 25
20.0%
44.5%
Q3 25
19.8%
42.9%
Q2 25
21.6%
46.8%
Q1 25
19.2%
46.6%
Q4 24
48.2%
Q3 24
22.8%
46.1%
Q2 24
6.3%
49.2%
Q1 24
7.6%
47.2%
Operating Margin
ADM
ADM
FLUT
FLUT
Q4 25
7.9%
5.4%
Q3 25
2.3%
-22.0%
Q2 25
4.4%
9.3%
Q1 25
5.7%
6.1%
Q4 24
7.4%
Q3 24
1.8%
3.0%
Q2 24
2.7%
10.2%
Q1 24
4.1%
3.7%
Net Margin
ADM
ADM
FLUT
FLUT
Q4 25
7.5%
0.2%
Q3 25
1.7%
-20.8%
Q2 25
3.5%
0.9%
Q1 25
4.8%
9.1%
Q4 24
-2.2%
4.1%
Q3 24
0.3%
-3.5%
Q2 24
2.2%
8.2%
Q1 24
3.3%
-5.2%
EPS (diluted)
ADM
ADM
FLUT
FLUT
Q4 25
$0.95
$0.00
Q3 25
$0.22
$-3.91
Q2 25
$0.45
$0.59
Q1 25
$0.61
$1.57
Q4 24
$1.21
$0.47
Q3 24
$0.04
$-0.58
Q2 24
$0.98
$1.45
Q1 24
$1.42
$-1.10

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ADM
ADM
FLUT
FLUT
Cash + ST InvestmentsLiquidity on hand
$1.0B
$1.8B
Total DebtLower is stronger
$7.6B
$12.3B
Stockholders' EquityBook value
$22.7B
$9.0B
Total Assets
$52.4B
$29.3B
Debt / EquityLower = less leverage
0.33×
1.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADM
ADM
FLUT
FLUT
Q4 25
$1.0B
$1.8B
Q3 25
$1.2B
$1.7B
Q2 25
$1.1B
$1.7B
Q1 25
$864.0M
$1.5B
Q4 24
$611.0M
$1.5B
Q3 24
$784.0M
$1.5B
Q2 24
$764.0M
$1.5B
Q1 24
$830.0M
$1.4B
Total Debt
ADM
ADM
FLUT
FLUT
Q4 25
$7.6B
$12.3B
Q3 25
$12.1B
Q2 25
$10.0B
Q1 25
$6.8B
Q4 24
$8.3B
$6.7B
Q3 24
$7.6B
$6.9B
Q2 24
$6.8B
Q1 24
$6.8B
Stockholders' Equity
ADM
ADM
FLUT
FLUT
Q4 25
$22.7B
$9.0B
Q3 25
$22.5B
$9.2B
Q2 25
$22.4B
$10.2B
Q1 25
$22.1B
$9.9B
Q4 24
$22.2B
$9.3B
Q3 24
$22.0B
$10.2B
Q2 24
$22.2B
$9.9B
Q1 24
$23.2B
$9.5B
Total Assets
ADM
ADM
FLUT
FLUT
Q4 25
$52.4B
$29.3B
Q3 25
$51.9B
$29.3B
Q2 25
$52.0B
$29.9B
Q1 25
$53.4B
$24.8B
Q4 24
$53.3B
$24.5B
Q3 24
$52.2B
$25.5B
Q2 24
$52.7B
$24.3B
Q1 24
$54.8B
$24.4B
Debt / Equity
ADM
ADM
FLUT
FLUT
Q4 25
0.33×
1.36×
Q3 25
1.31×
Q2 25
0.97×
Q1 25
0.69×
Q4 24
0.37×
0.72×
Q3 24
0.35×
0.67×
Q2 24
0.69×
Q1 24
0.72×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ADM
ADM
FLUT
FLUT
Operating Cash FlowLast quarter
$-313.0M
$428.0M
Free Cash FlowOCF − Capex
$-669.0M
$392.0M
FCF MarginFCF / Revenue
-11.1%
8.3%
Capex IntensityCapex / Revenue
5.9%
0.8%
Cash ConversionOCF / Net Profit
-0.69×
42.80×
TTM Free Cash FlowTrailing 4 quarters
$4.2B
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADM
ADM
FLUT
FLUT
Q4 25
$-313.0M
$428.0M
Q3 25
$1.8B
$209.0M
Q2 25
$4.3B
$359.0M
Q1 25
$-342.0M
$188.0M
Q4 24
$322.0M
$652.0M
Q3 24
$1.3B
$290.0M
Q2 24
$468.0M
$323.0M
Q1 24
$700.0M
$337.0M
Free Cash Flow
ADM
ADM
FLUT
FLUT
Q4 25
$-669.0M
$392.0M
Q3 25
$1.5B
$196.0M
Q2 25
$4.0B
$322.0M
Q1 25
$-633.0M
$169.0M
Q4 24
$-170.0M
$595.0M
Q3 24
$919.0M
$253.0M
Q2 24
$106.0M
$295.0M
Q1 24
$372.0M
$315.0M
FCF Margin
ADM
ADM
FLUT
FLUT
Q4 25
-11.1%
8.3%
Q3 25
23.6%
5.2%
Q2 25
63.0%
7.7%
Q1 25
-10.3%
4.6%
Q4 24
0.7%
15.7%
Q3 24
15.3%
7.8%
Q2 24
0.5%
8.2%
Q1 24
1.7%
9.3%
Capex Intensity
ADM
ADM
FLUT
FLUT
Q4 25
5.9%
0.8%
Q3 25
4.6%
0.3%
Q2 25
4.8%
0.9%
Q1 25
4.7%
0.5%
Q4 24
-1.9%
1.5%
Q3 24
6.4%
1.1%
Q2 24
1.6%
0.8%
Q1 24
1.5%
0.6%
Cash Conversion
ADM
ADM
FLUT
FLUT
Q4 25
-0.69×
42.80×
Q3 25
16.75×
Q2 25
19.63×
9.70×
Q1 25
-1.16×
0.56×
Q4 24
0.57×
4.18×
Q3 24
72.22×
Q2 24
0.96×
1.09×
Q1 24
0.96×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ADM
ADM

Starchesandsweeteners$1.4B23%
Ag Services$1.1B18%
Human Nutrition$961.0M16%
Refined Productsand Other$924.0M15%
Animal Nutrition$825.0M14%
Vantage Corn Processors$700.0M12%
Transferred Over Time$176.0M3%
Crushing$59.0M1%

FLUT
FLUT

Other$2.6B55%
Sports Book$1.5B32%
Igaming$586.0M12%
Service Other$59.0M1%

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