NYSE : FMC
FMC Corporation — Financial statements
Materials · Agricultural Inputs · United States
Last price 4.75 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 738.84M
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Financial statements
FMC Corporation (FMC) reported revenue of 2.81B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 2.81B | 3.47B | 4.25B | 4.49B | 5.80B | 5.05B |
| Cost of Revenue | 2.32B | 2.30B | 2.60B | 2.66B | 3.48B | 2.88B |
| Gross Profit | 495.20M | 1.17B | 1.65B | 1.83B | 2.33B | 2.16B |
| Selling, General & Admin | 679.20M | 658.90M | 644.60M | 734.30M | 775.20M | 713.70M |
| Research & Development | 251.30M | 266.10M | 278.00M | 328.80M | 314.20M | 304.70M |
| Other Operating Expenses | 7.10M | 7.10M | 91.20M | 88.70M | 66.90M | |
| Operating Expenses | 937.60M | 932.10M | 1.01B | 1.15B | 1.09B | 1.09B |
| Operating Income | -442.40M | 240.20M | 635.10M | 679.20M | 1.24B | 1.08B |
| Interest Expense | -274.10M | -239.60M | -235.80M | -237.20M | -151.80M | -131.10M |
| EBT Excluding Unusual Items | -716.50M | 600.00K | 399.30M | 442.00M | 1.09B | 944.90M |
| Merger & Restructuring Charges | -2.09B | -1.78B | -303.00M | -48.40M | -50.70M | -41.50M |
| Gain (Loss) on Sale of Assets | -12.40M | 174.40M | ||||
| Asset Writedown | -312.60M | -194.80M | ||||
| Other Unusual Items | 119.90M | 83.30M | -18.20M | -93.40M | -51.00M | -5.60M |
| Pretax Income | -3.02B | -1.89B | 252.50M | 300.20M | 983.90M | 897.80M |
| Income Tax Expense | 1.16B | 314.20M | -150.90M | -1.12B | 145.20M | 92.50M |
| Earnings From Continuing Operations | -4.17B | -2.20B | 403.40M | 1.42B | 838.70M | 805.30M |
| Earnings From Discontinued Operations | -82.80M | -36.60M | -61.80M | -98.50M | -97.20M | -68.20M |
| Net Income to Company | -4.25B | -2.24B | 341.60M | 1.32B | 741.50M | 737.10M |
| Minority Interest in Earnings | -1.80M | -1.50M | -500.00K | 500.00K | -5.00M | 2.50M |
| Net Income | -4.26B | -2.24B | 341.10M | 1.32B | 736.50M | 739.60M |
| Preferred Dividends & Other Adjustments | 4.40M | 1.10M | 1.20M | 2.70M | 1.70M | 1.80M |
| Net Income to Common | -4.26B | -2.24B | 339.90M | 1.32B | 734.80M | 737.80M |
| Shares Outstanding (Basic) | 127.61M | 125.16M | 125.00M | 125.06M | 125.97M | 128.40M |
| Shares Outstanding (Diluted) | 127.61M | 125.16M | 125.36M | 125.53M | 126.71M | 129.15M |
| EPS (Basic) | -33.38 | -17.90 | 2.72 | 10.55 | 5.83 | 5.75 |
| EPS (Diluted) | -33.38 | -17.90 | 2.72 | 10.53 | 5.80 | 5.71 |
| Free Cash Flow | 295.60M | -176.50M | 603.20M | -520.30M | 440.10M | 720.00M |
| Free Cash Flow Per Share | 2.32 | -1.41 | 4.81 | -4.14 | 3.47 | 5.58 |
| Dividend Per Share | 0.32 | 1.82 | 2.32 | 2.32 | 2.17 | 1.97 |
| Gross Margin | 17.59% | 33.81% | 38.83% | 40.81% | 40.10% | 42.84% |
| Operating Margin | -15.72% | 6.93% | 14.96% | 15.14% | 21.33% | 21.33% |
| Profit Margin | -151.34% | -64.60% | 8.00% | 29.39% | 12.66% | 14.62% |
| Free Cash Flow Margin | 10.50% | -5.09% | 14.21% | -11.60% | 7.58% | 14.27% |
| EBITDA | -275.30M | 413.80M | 811.40M | 863.50M | 1.41B | 1.25B |
| EBITDA Margin | -9.78% | 11.93% | 19.11% | 19.25% | 24.25% | 24.71% |
| D&A For EBITDA | 167.10M | 173.60M | 176.30M | 184.30M | 169.40M | 170.90M |
| EBIT | -442.40M | 240.20M | 635.10M | 679.20M | 1.24B | 1.08B |
| EBIT Margin | -15.72% | 6.93% | 14.96% | 15.14% | 21.33% | 21.33% |
| Effective Tax Rate | 14.76% | 10.30% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 735.80M | 584.50M | 357.30M | 302.40M | 572.00M | 516.80M |
| Trading Asset Securities | 12.40M | 3.70M | ||||
| Cash & Short-Term Investments | 735.80M | 584.50M | 357.30M | 302.40M | 584.40M | 520.50M |
| Accounts Receivable | 1.72B | 2.06B | 2.90B | 2.70B | 2.87B | 2.58B |
| Other Receivables | 302.00M | 263.30M | 243.40M | 175.60M | 228.40M | |
| Receivables | 1.72B | 2.36B | 3.17B | 2.95B | 3.05B | 2.81B |
| Inventory | 1.33B | 1.22B | 1.20B | 1.72B | 1.65B | 1.52B |
| Prepaid Expenses | 439.00M | 94.70M | 72.80M | 90.30M | 118.00M | 140.20M |
| Other Current Assets | 353.00M | 696.20M | 160.10M | 65.20M | 37.60M | 59.10M |
| Total Current Assets | 4.58B | 4.96B | 4.96B | 5.13B | 5.44B | 5.05B |
| Property, Plant & Equipment | 592.70M | 812.30M | 960.10M | 1.01B | 973.40M | 952.20M |
| Long-Term Investments | 21.00M | 20.40M | 25.60M | 19.80M | 14.50M | 9.20M |
| Goodwill | 1.51B | 1.59B | 1.59B | 1.46B | ||
| Other Intangible Assets | 2.00B | 2.46B | 2.47B | 2.59B | 2.64B | 2.67B |
| Long-Term Accounts Receivable | 28.10M | 75.10M | 39.70M | 19.50M | 60.80M | 57.40M |
| Long-Term Deferred Tax Assets | 435.00M | 1.22B | 1.52B | 1.34B | 210.70M | 194.10M |
| Other Long-Term Assets | 259.70M | 148.20M | 166.00M | 224.90M | 242.90M | 277.40M |
| Total Assets | 7.91B | 9.69B | 11.65B | 11.93B | 11.17B | 10.67B |
| Accounts Payable | 723.90M | 771.00M | 768.50M | 602.40M | 1.25B | 1.14B |
| Accrued Expenses | 1.51B | 873.30M | 1.08B | 1.01B | 939.30M | 845.50M |
| Short-Term Debt | 213.20M | 719.50M | 261.30M | 837.50M | 452.30M | 356.30M |
| Current Portion of Long-Term Debt | 9.60M | 585.60M | 76.10M | 96.50M | 88.50M | 84.50M |
| Current Portion of Leases | 28.70M | 26.30M | 24.50M | 24.40M | 22.00M | 23.50M |
| Current Income Taxes Payable | 105.00M | 24.00M | 122.50M | 124.40M | 114.70M | 65.40M |
| Current Unearned Revenue | 67.80M | 453.10M | 453.80M | 482.10M | 680.50M | 630.70M |
| Other Current Liabilities | 105.10M | 302.50M | 233.30M | 211.60M | 250.10M | 379.40M |
| Total Current Liabilities | 2.76B | 3.76B | 3.02B | 3.38B | 3.80B | 3.52B |
| Long-Term Debt | 3.95B | 2.77B | 3.03B | 3.02B | 2.73B | 2.73B |
| Long-Term Leases | 89.90M | 97.60M | 106.10M | 123.20M | 128.60M | 140.00M |
| Pension & Post-Retirement Benefits | 16.50M | 21.00M | 19.40M | 24.40M | 31.60M | 41.80M |
| Long-Term Deferred Tax Liabilities | 44.10M | 54.10M | 86.00M | 158.10M | 321.50M | 342.40M |
| Other Long-Term Liabilities | 836.40M | 890.50M | 885.90M | 778.90M | 755.90M | 753.20M |
| Total Liabilities | 7.90B | 7.59B | 7.14B | 7.49B | 7.77B | 7.53B |
| Common Stock | 18.60M | 18.60M | 18.60M | 18.60M | 18.60M | 18.60M |
| Additional Paid-In Capital | 982.90M | 972.00M | 966.50M | 935.60M | 909.20M | 880.40M |
| Retained Earnings | 1.40B | 4.17B | 6.64B | 6.59B | 5.56B | 5.09B |
| Treasury Stock | -2.12B | -2.72B | -2.72B | -2.72B | -2.65B | -2.54B |
| Comprehensive Income & Other | -302.20M | -368.70M | -410.60M | -406.50M | -459.60M | -325.50M |
| Total Common Equity | -19.40M | 2.07B | 4.49B | 4.41B | 3.38B | 3.12B |
| Minority Interest | 28.90M | 27.40M | 21.30M | 22.50M | 23.00M | 19.40M |
| Shareholders' Equity | 9.50M | 2.10B | 4.51B | 4.43B | 3.40B | 3.14B |
| Total Liabilities & Equity | 7.91B | 9.69B | 11.65B | 11.93B | 11.17B | 10.67B |
| Total Debt | 4.30B | 4.20B | 3.50B | 4.11B | 3.42B | 3.34B |
| Net Cash (Debt) | -3.56B | -3.61B | -3.14B | -3.80B | -2.84B | -2.82B |
| Net Cash Per Share | -27.90 | -28.88 | -25.04 | -30.29 | -22.42 | -21.80 |
| Filing Date Shares Outstanding | 155.56M | 124.93M | 124.84M | 124.76M | 125.11M | 125.70M |
| Total Common Shares Outstanding | 155.56M | 124.93M | 124.84M | 124.76M | 125.11M | 125.70M |
| Working Capital | 1.82B | 1.20B | 1.94B | 1.74B | 1.64B | 1.53B |
| Book Value Per Share | -0.12 | 16.58 | 35.95 | 35.35 | 27.00 | 24.86 |
| Tangible Book Value | -2.02B | -385.10M | 507.70M | 228.90M | -852.50M | -1.00B |
| Tangible Book Value Per Share | -12.96 | -3.08 | 4.07 | 1.83 | -6.81 | -7.99 |
| Land | 91.00M | 96.30M | 98.10M | 103.60M | 103.80M | |
| Buildings | 578.40M | 537.20M | 540.00M | 522.90M | 528.40M | |
| Machinery | 866.60M | 757.70M | 717.20M | 613.10M | 551.40M | |
| Construction In Progress | 66.60M | 206.70M | 204.50M | 175.90M | 145.90M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -4.26B | -2.24B | 341.10M | 1.32B | 736.50M | 739.60M |
| Depreciation & Amortization | 167.10M | 173.60M | 176.30M | 184.30M | 169.40M | 170.90M |
| Asset Writedown & Restructuring Costs | 2.39B | 1.96B | 219.80M | 212.30M | 93.10M | 108.00M |
| Stock-Based Compensation | 24.10M | 24.00M | 23.80M | 25.90M | 24.20M | 17.80M |
| Other Operating Activities | 1.87B | 677.00M | -258.00M | -1.17B | 62.00M | 86.80M |
| Change in Accounts Receivable | 733.40M | 228.40M | -348.80M | 192.40M | -443.90M | -241.10M |
| Change in Inventory | -204.00M | -156.30M | 475.80M | -72.80M | -182.30M | -320.70M |
| Change in Accounts Payable | -12.40M | 20.10M | 171.70M | -626.00M | 165.30M | 144.40M |
| Change in Unearned Revenue | -600.00K | -1.80M | -26.50M | -199.10M | 52.10M | 283.60M |
| Change in Income Taxes | 59.20M | -186.40M | -5.40M | -62.80M | 19.10M | -90.30M |
| Change in Other Net Operating Assets | -343.60M | -506.20M | -33.10M | -102.10M | -35.50M | -400.00K |
| Operating Cash Flow | 351.30M | -80.20M | 671.10M | -386.40M | 582.40M | 820.10M |
| Capital Expenditures | -55.70M | -96.30M | -67.90M | -133.90M | -142.30M | -100.10M |
| Cash Acquisitions | -1.00M | -2.50M | -4.80M | -16.50M | -198.20M | -5.20M |
| Divestitures | -1.50M | -12.10M | 340.00M | |||
| Sale (Purchase) of Intangibles | 6.80M | 6.10M | ||||
| Sale (Purchase) of Real Estate | 5.80M | 50.50M | ||||
| Other Investing Activities | 24.70M | 11.20M | -3.70M | -9.80M | 16.80M | -12.80M |
| Investing Cash Flow | -33.50M | -99.70M | 263.60M | -154.40M | -266.40M | -112.00M |
| Short-Term Debt Issued | 459.50M | 400.70M | 115.20M | 104.90M | ||
| Long-Term Debt Issued | 750.00M | 1.50B | 1.00B | |||
| Total Debt Issued | 729.20M | 1.21B | 1.90B | 115.20M | 1.10B | |
| Short-Term Debt Repaid | -576.70M | |||||
| Long-Term Debt Repaid | -500.60M | -1.20B | -1.40M | -1.20B | ||
| Total Debt Repaid | -1.08B | -500.60M | -576.70M | -1.20B | -1.40M | -1.20B |
| Net Debt Issued (Repaid) | -354.90M | 708.90M | -576.70M | 699.30M | 113.80M | -98.20M |
| Issuance of Common Stock | 403.20M | 200.00K | 200.00K | 5.30M | 9.40M | 7.90M |
| Repurchase of Common Stock | -1.40M | -1.80M | -2.30M | -81.20M | -108.90M | -408.00M |
| Common Dividends Paid | -103.30M | -291.30M | -290.60M | -290.50M | -267.50M | -247.20M |
| Other Financing Activities | -31.90M | -30.00M | -700.00K | -1.40M | 15.80M | -2.40M |
| Financing Cash Flow | -88.30M | 386.00M | -870.10M | 331.50M | -237.40M | -747.90M |
| Foreign Exchange Rate Adjustments | 8.60M | 21.10M | -9.70M | -60.30M | -23.40M | -12.30M |
| Net Cash Flow | 238.10M | 227.20M | 54.90M | -269.60M | 55.20M | -52.10M |
| Free Cash Flow | 295.60M | -176.50M | 603.20M | -520.30M | 440.10M | 720.00M |
| Free Cash Flow Margin | 10.50% | -5.09% | 14.21% | -11.60% | 7.58% | 14.27% |
| Free Cash Flow Per Share | 2.32 | -1.41 | 4.81 | -4.14 | 3.47 | 5.58 |
| Levered Free Cash Flow | 728.09M | 94.78M | 838.56M | -430.55M | 596.50M | 549.46M |
| Unlevered Free Cash Flow | 899.40M | 244.53M | 985.94M | -282.30M | 691.38M | 631.40M |
| Cash Interest Paid | 250.80M | 237.30M | 232.20M | 229.60M | 144.00M | 125.80M |
| Cash Income Tax Paid | 76.60M | 196.10M | 156.30M | 180.10M | 122.00M | 139.20M |
| Change in Working Capital | 232.00M | -602.20M | 233.70M | -870.40M | -425.20M | -224.50M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.01B | 1.73B | 6.07B | 7.87B | 15.61B | 13.93B |
| Enterprise Value | 4.57B | 5.92B | 9.88B | 11.83B | 18.94B | 17.17B |
| Last Close Price | 6.50 | 13.59 | 45.27 | 56.39 | 108.50 | 93.78 |
| PE Ratio | 17.85 | 5.96 | 21.24 | 18.88 | ||
| Forward PE | 5.97 | 5.31 | 11.08 | 16.11 | 15.44 | 14.75 |
| PS Ratio | 0.36 | 0.50 | 1.43 | 1.75 | 2.69 | 2.76 |
| PB Ratio | 106.43 | 0.82 | 1.35 | 1.77 | 4.59 | 4.43 |
| P/TBV Ratio | 11.95 | 34.37 | ||||
| P/FCF Ratio | 3.42 | 10.06 | 35.47 | 19.34 | ||
| P/OCF Ratio | 2.88 | 9.04 | 26.80 | 16.98 | ||
| PEG Ratio | 0.44 | 0.86 | 0.75 | 1.34 | 1.60 | 1.92 |
| EV/Sales Ratio | 1.62 | 1.71 | 2.33 | 2.64 | 3.26 | 3.40 |
| EV/EBITDA Ratio | 14.31 | 12.18 | 13.70 | 13.46 | 13.77 | |
| EV/EBIT Ratio | 24.66 | 15.56 | 17.42 | 15.31 | 15.96 | |
| EV/FCF Ratio | 15.47 | 16.39 | 43.04 | 23.85 | ||
| Debt / Equity Ratio | 452.24 | 2.00 | 0.78 | 0.93 | 1.01 | 1.06 |
| Debt / EBITDA Ratio | 9.16 | 4.06 | 4.51 | 2.37 | 2.60 | |
| Debt / FCF Ratio | 14.53 | 5.80 | 7.78 | 4.63 | ||
| Net Debt / Equity Ratio | 374.79 | 1.72 | 0.70 | 0.86 | 0.83 | 0.90 |
| Net Debt / EBITDA Ratio | -12.93 | 8.73 | 3.87 | 4.40 | 2.02 | 2.26 |
| Net Debt / FCF Ratio | 12.04 | -20.48 | 5.20 | -7.31 | 6.45 | 3.91 |
| Asset Turnover | 0.28 | 0.33 | 0.36 | 0.39 | 0.53 | 0.48 |
| Inventory Turnover | 1.72 | 1.90 | 1.77 | 1.57 | 2.19 | 2.20 |
| Quick Ratio | 0.89 | 0.79 | 1.17 | 0.96 | 0.96 | 0.95 |
| Current Ratio | 1.66 | 1.32 | 1.64 | 1.51 | 1.43 | 1.44 |
| Return on Equity (ROE) | -218.93% | -66.61% | 9.02% | 36.24% | 25.63% | 26.28% |
| Return on Assets (ROA) | -2.77% | 1.41% | 3.37% | 3.68% | 7.08% | 6.45% |
| Return on Invested Capital (ROIC) | -9.66% | 3.60% | 8.00% | 9.38% | 17.29% | 16.33% |
| Return on Capital Employed (ROCE) | -8.60% | 4.00% | 7.40% | 8.00% | 16.80% | 15.00% |
| Earnings Yield | -513.58% | -129.22% | 5.62% | 16.80% | 4.72% | 5.31% |
| FCF Yield | 29.23% | -10.19% | 9.94% | -6.62% | 2.82% | 5.17% |
| Dividend Yield | 4.92% | 13.12% | 4.77% | 3.68% | 1.74% | 1.78% |
| Payout Ratio | 85.19% | 21.98% | 36.32% | 33.42% | ||
| Buyback Yield / Dilution | -1.99% | 0.16% | 0.14% | 0.93% | 1.89% | 1.10% |
| Total Shareholder Return | 2.93% | 13.28% | 4.91% | 4.61% | 3.63% | 2.88% |