FMC CORP FMC
FMC Corporation is a global agricultural sciences company dedicated to providing farmers with innovative solutions that increase the productivity and resilience of their land. We operate in a single distinct business segment. We develop, market and sell all three major classes of crop protection chemicals (insecticides, herbicides and fungicides) as well as biologicals, crop nutrition, and seed treatment products, which we group as plant health. FMC's innovative crop protection solutions help growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC is committed to discovering new insecticide, herbicide, and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.47B | $4.25B | $4.49B | $5.80B | $5.05B | $4.64B | $4.61B | $4.29B | $2.53B | $2.27B |
| Cost of revenue | $2.18B | $2.60B | $2.66B | $3.48B | $2.88B | $2.60B | $2.53B | $2.41B | $1.58B | $1.43B |
| Gross profit | $1.28B | $1.65B | $1.83B | $2.33B | $2.16B | $2.05B | $2.08B | $1.88B | $951.8M | $842.8M |
| SG&A | $684.9M | $644.6M | $734.3M | $775.2M | $714.1M | $729.7M | $792.9M | $790.0M | $581.7M | $419.4M |
| Total operating expenses | $5.10B | $3.74B | $3.93B | $4.66B | $4.01B | $3.75B | $3.79B | — | — | — |
| Operating income | -$1.63B | $506.5M | $555.6M | $1.14B | $1.03B | $896.9M | $821.6M | $740.9M | $158.5M | $197.8M |
| Interest expense | $239.6M | $235.8M | $237.2M | $151.8M | $131.1M | $151.3M | $160.4M | $134.5M | $80.0M | $63.5M |
| Pre-tax income | -$1.89B | $252.5M | $300.2M | $983.9M | $897.8M | $731.0M | $655.0M | $608.4M | $95.8M | $111.6M |
| Income tax | $314.2M | $150.9M | $1.12B | $145.2M | $92.5M | $151.2M | $111.5M | $70.8M | $228.9M | $38.2M |
| Net income | -$2.24B | $341.1M | $1.32B | $736.5M | $739.6M | $552.4M | $477.4M | $502.1M | $535.8M | $209.1M |
| EPS, basic | -17.88 | 2.73 | 10.55 | 5.83 | 5.76 | 4.26 | 3.64 | 3.72 | 3.99 | 1.56 |
| EPS, diluted | -17.88 | 2.72 | 10.53 | 5.81 | 5.73 | 4.23 | 3.62 | 3.69 | 3.99 | 1.56 |
| Shares, diluted (wtd. avg.) | 125.2M | 125.4M | 125.5M | 126.7M | 129.1M | 130.6M | 132.0M | 135.9M | 134.3M | 134.5M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $584.5M | $357.3M | $302.4M | $572.0M | $516.8M | $568.9M | $339.1M | $134.4M | $281.8M | $60.2M |
| Receivables | $2.06B | $2.90B | $2.70B | $2.87B | $2.58B | $2.33B | $2.23B | $2.14B | $1.92B | $1.69B |
| Inventory | $1.22B | $1.20B | $1.72B | $1.65B | $1.52B | $1.10B | $1.02B | $1.03B | $942.8M | $478.9M |
| Total current assets | $4.96B | $4.96B | $5.13B | $5.44B | $5.05B | $4.38B | $4.07B | $4.03B | $3.65B | $2.85B |
| Property, plant and equipment | $707.4M | $849.7M | $892.5M | $849.6M | $817.0M | $771.7M | $758.0M | $756.9M | $808.9M | $538.1M |
| Goodwill | $0 | $1.51B | $1.59B | $1.59B | $1.46B | $1.47B | $1.47B | $1.47B | $1.20B | $498.7M |
| Other intangibles | $2.36B | $2.36B | $2.47B | $2.51B | $2.52B | $2.63B | $2.63B | $2.70B | $2.63B | $719.9M |
| Total assets | $9.69B | $11.65B | $11.93B | $11.17B | $10.67B | $10.19B | $9.87B | $9.97B | $9.21B | $6.14B |
| Accounts payable | $771.0M | $768.5M | $602.4M | $1.25B | $1.14B | $946.7M | $900.1M | $795.5M | $654.4M | $317.4M |
| Short-term debt | $585.6M | $76.1M | $96.5M | $88.5M | $84.5M | $93.6M | $82.8M | $386.0M | $101.2M | $2.4M |
| Total current liabilities | $3.76B | $3.02B | $3.38B | $3.80B | $3.52B | $2.83B | $2.72B | $2.99B | $2.21B | $1.44B |
| Long-term debt | $2.77B | $3.03B | $3.02B | $2.73B | $2.73B | $2.93B | $3.03B | $2.15B | $2.99B | $1.80B |
| Retained earnings | $4.17B | $6.64B | $6.59B | $5.56B | $5.09B | $4.51B | $4.19B | $4.33B | $3.95B | $3.51B |
| Total equity | $2.07B | $4.49B | $4.43B | $3.40B | $3.14B | $3.08B | $2.67B | $3.21B | $2.71B | $1.99B |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$6.2M | $736.7M | -$300.3M | $660.0M | $898.6M | $736.8M | $555.6M | $362.7M | $232.0M | $313.9M |
| Depreciation and amortisation | $173.6M | $176.3M | $184.3M | $169.4M | $170.9M | $162.7M | $150.1M | $150.2M | $97.8M | $85.8M |
| Stock-based compensation | $24.0M | $23.8M | $25.9M | $24.2M | $17.8M | $18.9M | $25.6M | $22.5M | $21.1M | $20.2M |
| Capital expenditure | $96.3M | $67.9M | $133.9M | $142.3M | $100.1M | $67.2M | $93.9M | $83.0M | $38.3M | $66.8M |
| Investing cash flow | -$99.7M | $263.6M | -$154.4M | -$266.4M | -$131.7M | -$200.4M | -$195.9M | -$37.5M | -$1.29B | -$70.6M |
| Financing cash flow | $386.0M | -$870.1M | $331.5M | -$237.4M | -$747.9M | -$250.3M | -$87.0M | -$397.3M | $1.21B | -$366.3M |
| Dividends paid | $291.3M | $290.6M | $290.5M | $267.5M | $247.2M | $228.5M | $210.3M | $89.2M | $88.8M | $88.6M |
| Buybacks | $0 | $0 | $75.0M | $100.0M | $400.0M | $50.0M | $400.0M | $200.0M | $0 | $11.2M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000037785-26-000041.
Plot the figures US dollars
- Interest expense
- R&D
- Receivables
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Interest expense | $63.5M | $80.0M | $134.5M | $160.4M | $151.3M | $131.1M | $151.8M | $237.2M | $235.8M | $239.6M |
| R&D | — | — | — | — | — | — | — | — | — | — |
| Receivables | $1.69B | $1.92B | $2.14B | $2.23B | $2.33B | $2.58B | $2.87B | $2.70B | $2.90B | $2.06B |
Recent filings and events
- Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
- Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
- Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
- Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
- Material agreement signed Item 1.01
- Material agreement signed Item 1.01
- New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
- Material agreement signed Item 1.01
- New debt or obligation Item 2.03
- Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
- Other event Item 8.01
- Results announced Item 2.02
Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.
Others in SIC 2800
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| SOLS | Solstice Advanced Materials Inc. | $10.12B | 42.8x | 3.1% |
| PRM | Perimeter Solutions, Inc. | $5.20B | — | 16.4% |
| NGVT | Ingevity Corp | $2.43B | — | -2.7% |
| IOSP | INNOSPEC INC. | $2.31B | 20.1x | -3.7% |
| CC | Chemours Co | $2.30B | — | 0.4% |
| OLN | OLIN Corp | $1.98B | — | 3.7% |
| HUN | Huntsman CORP | $1.69B | — | -5.8% |
| ECVT | Ecovyst Inc. | $1.12B | — | 20.9% |