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Side-by-side financial comparison of Archer Daniels Midland (ADM) and Jacobs Solutions (J). Click either name above to swap in a different company.

Archer Daniels Midland is the larger business by last-quarter revenue ($6.1B vs $3.3B, roughly 1.8× Jacobs Solutions). Archer Daniels Midland runs the higher net margin — 7.5% vs 3.8%, a 3.7% gap on every dollar of revenue. On growth, Archer Daniels Midland posted the faster year-over-year revenue change (123.5% vs 12.3%). Jacobs Solutions produced more free cash flow last quarter ($364.9M vs $-669.0M). Over the past eight quarters, Jacobs Solutions's revenue compounded faster (-12.2% 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.

Jacobs Solutions Inc. is an American international technical professional services firm based in Dallas. The company provides engineering, technical, professional, and construction services as well as scientific and specialty consulting for a broad range of clients globally, including companies, organizations, and government agencies. Jacobs has consistently ranked No.

ADM vs J — Head-to-Head

Bigger by revenue
ADM
ADM
1.8× larger
ADM
$6.1B
$3.3B
J
Growing faster (revenue YoY)
ADM
ADM
+111.3% gap
ADM
123.5%
12.3%
J
Higher net margin
ADM
ADM
3.7% more per $
ADM
7.5%
3.8%
J
More free cash flow
J
J
$1.0B more FCF
J
$364.9M
$-669.0M
ADM
Faster 2-yr revenue CAGR
J
J
Annualised
J
-12.2%
-47.4%
ADM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ADM
ADM
J
J
Revenue
$6.1B
$3.3B
Net Profit
$456.0M
$125.5M
Gross Margin
20.0%
23.2%
Operating Margin
7.9%
7.1%
Net Margin
7.5%
3.8%
Revenue YoY
123.5%
12.3%
Net Profit YoY
-19.6%
792.3%
EPS (diluted)
$0.95
$1.12

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
J
J
Q4 25
$6.1B
$3.3B
Q3 25
$6.4B
$3.2B
Q2 25
$6.3B
$3.0B
Q1 25
$6.1B
$2.9B
Q4 24
$-25.7B
$2.9B
Q3 24
$6.0B
$-1.2B
Q2 24
$22.2B
$4.2B
Q1 24
$21.8B
$4.3B
Net Profit
ADM
ADM
J
J
Q4 25
$456.0M
$125.5M
Q3 25
$108.0M
$122.2M
Q2 25
$219.0M
$179.6M
Q1 25
$295.0M
$5.6M
Q4 24
$567.0M
$-18.1M
Q3 24
$18.0M
$325.4M
Q2 24
$486.0M
$146.9M
Q1 24
$729.0M
$162.1M
Gross Margin
ADM
ADM
J
J
Q4 25
20.0%
23.2%
Q3 25
19.8%
24.3%
Q2 25
21.6%
25.0%
Q1 25
19.2%
25.4%
Q4 24
24.6%
Q3 24
22.8%
Q2 24
6.3%
21.7%
Q1 24
7.6%
21.2%
Operating Margin
ADM
ADM
J
J
Q4 25
7.9%
7.1%
Q3 25
2.3%
6.7%
Q2 25
4.4%
7.8%
Q1 25
5.7%
7.2%
Q4 24
7.1%
Q3 24
1.8%
Q2 24
2.7%
6.2%
Q1 24
4.1%
6.6%
Net Margin
ADM
ADM
J
J
Q4 25
7.5%
3.8%
Q3 25
1.7%
3.9%
Q2 25
3.5%
5.9%
Q1 25
4.8%
0.2%
Q4 24
-2.2%
-0.6%
Q3 24
0.3%
-28.1%
Q2 24
2.2%
3.5%
Q1 24
3.3%
3.8%
EPS (diluted)
ADM
ADM
J
J
Q4 25
$0.95
$1.12
Q3 25
$0.22
$0.88
Q2 25
$0.45
$1.55
Q1 25
$0.61
$0.06
Q4 24
$1.21
$-0.11
Q3 24
$0.04
$2.50
Q2 24
$0.98
$1.17
Q1 24
$1.42
$1.28

Balance Sheet & Financial Strength

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

Metric
ADM
ADM
J
J
Cash + ST InvestmentsLiquidity on hand
$1.0B
$1.6B
Total DebtLower is stronger
$7.6B
Stockholders' EquityBook value
$22.7B
$3.4B
Total Assets
$52.4B
$11.6B
Debt / EquityLower = less leverage
0.33×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ADM
ADM
J
J
Q4 25
$1.0B
$1.6B
Q3 25
$1.2B
$1.2B
Q2 25
$1.1B
$1.3B
Q1 25
$864.0M
$1.2B
Q4 24
$611.0M
$1.3B
Q3 24
$784.0M
$1.1B
Q2 24
$764.0M
$1.2B
Q1 24
$830.0M
$1.0B
Total Debt
ADM
ADM
J
J
Q4 25
$7.6B
Q3 25
Q2 25
Q1 25
Q4 24
$8.3B
Q3 24
$7.6B
Q2 24
Q1 24
Stockholders' Equity
ADM
ADM
J
J
Q4 25
$22.7B
$3.4B
Q3 25
$22.5B
$3.6B
Q2 25
$22.4B
$3.8B
Q1 25
$22.1B
$3.9B
Q4 24
$22.2B
$4.2B
Q3 24
$22.0B
$4.5B
Q2 24
$22.2B
$6.6B
Q1 24
$23.2B
$6.6B
Total Assets
ADM
ADM
J
J
Q4 25
$52.4B
$11.6B
Q3 25
$51.9B
$11.3B
Q2 25
$52.0B
$11.4B
Q1 25
$53.4B
$11.2B
Q4 24
$53.3B
$11.6B
Q3 24
$52.2B
$11.8B
Q2 24
$52.7B
$15.0B
Q1 24
$54.8B
$14.9B
Debt / Equity
ADM
ADM
J
J
Q4 25
0.33×
Q3 25
Q2 25
Q1 25
Q4 24
0.37×
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
ADM
ADM
J
J
Operating Cash FlowLast quarter
$-313.0M
$380.8M
Free Cash FlowOCF − Capex
$-669.0M
$364.9M
FCF MarginFCF / Revenue
-11.1%
11.1%
Capex IntensityCapex / Revenue
5.9%
0.5%
Cash ConversionOCF / Net Profit
-0.69×
3.03×
TTM Free Cash FlowTrailing 4 quarters
$4.2B
$875.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ADM
ADM
J
J
Q4 25
$-313.0M
$380.8M
Q3 25
$1.8B
$383.1M
Q2 25
$4.3B
$292.6M
Q1 25
$-342.0M
$-96.4M
Q4 24
$322.0M
$107.5M
Q3 24
$1.3B
$196.5M
Q2 24
$468.0M
$482.6M
Q1 24
$700.0M
$-42.8M
Free Cash Flow
ADM
ADM
J
J
Q4 25
$-669.0M
$364.9M
Q3 25
$1.5B
$353.5M
Q2 25
$4.0B
$270.5M
Q1 25
$-633.0M
$-113.7M
Q4 24
$-170.0M
$97.1M
Q3 24
$919.0M
$158.2M
Q2 24
$106.0M
$444.9M
Q1 24
$372.0M
$-70.6M
FCF Margin
ADM
ADM
J
J
Q4 25
-11.1%
11.1%
Q3 25
23.6%
11.2%
Q2 25
63.0%
8.9%
Q1 25
-10.3%
-3.9%
Q4 24
0.7%
3.3%
Q3 24
15.3%
-13.6%
Q2 24
0.5%
10.5%
Q1 24
1.7%
-1.7%
Capex Intensity
ADM
ADM
J
J
Q4 25
5.9%
0.5%
Q3 25
4.6%
0.9%
Q2 25
4.8%
0.7%
Q1 25
4.7%
0.6%
Q4 24
-1.9%
0.4%
Q3 24
6.4%
-3.3%
Q2 24
1.6%
0.9%
Q1 24
1.5%
0.7%
Cash Conversion
ADM
ADM
J
J
Q4 25
-0.69×
3.03×
Q3 25
16.75×
3.13×
Q2 25
19.63×
1.63×
Q1 25
-1.16×
-17.18×
Q4 24
0.57×
Q3 24
72.22×
0.60×
Q2 24
0.96×
3.28×
Q1 24
0.96×
-0.26×

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%

J
J

Infrastructure Advanced Facilities$2.9B89%
PA Consulting$354.4M11%

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