FMC Corporation

FMC Basic Materials Agricultural Inputs

FMC Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.5 billion, down 18.3% from fiscal 2024.

Revenue
−80.5%
EPS
−243.8%
Free cash flow
+90.9%
Total debt
−8.02%

Quarter to September 2026, against a year earlier

5.69 0.38 −6.26%
Market cap
$944.2M
P/E
0.0×
Fwd P/E
−5.0×
Dividend yield
5.29%
F-score
1/9
Altman Z
0.69
Beneish M
−4.00
Dividend safety
0/100

Insider Decisions last twelve months

Bought, $m 0.25
Sold, $m 0.05
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — 1 — — — — — — — —
Sell — — — — — — — — — 1 — 1
Insider Ownership 7.50%

Capital & Financial Ratios $m

Size
Market Cap 944.24
Revenue ttm 2,814.90
Net income ttm (4,253.80)
Free cash flow ttm 295.60
Net debt Q 3,441.90
Valuation
P/E 0.00
Forward P/E (4.96) (negative: loss-making)
Price / sales 0.29
Forward P/S Powerpack
Price / FCF 2.72
Price / book 84.73 (above 6: high)
Financial health
Current ratio Q 1.66 (at or above 1.5: strong)
Debt / equity Q 439.76 (above 2: weak)
Interest coverage Q (15.11)
Growth
Revenue growth Q −80.47% (below 0%: shrinking)
Operating income growth Q −180.65% (below 0%: shrinking)
EPS, this year −198.33% (below 0%: weak)
EPS, next year A +134.10% (at or above 15%: strong)
Revenue, next year A −5.87% (below 0%: weak)
EPS, past 5 yrs —
EPS, next 5 yrs A −20.73% (below 0%: weak)

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/S against its own 10 years 0.44%
10-year low 10-year high
P/B against its own 10 years 99.45%
10-year low 10-year high
EV/Sales against its own 10 years 0.77%
10-year low 10-year high
EV/FCF against its own 10 years 2.33%
10-year low 10-year high

Dividends

Yield
5.29%
Annual rate
0.32
Payout ratio
—
Growth, 2017–25
+15.6%/yr
  1. 0.57 ’17
  2. 0.78 ’18 +36
  3. 1.64 ’19 +111
  4. 1.80 ’20 +10
  5. 1.97 ’21 +9
  6. 2.17 ’22 +10
  7. 2.32 ’23 +7
  8. 2.32 ’24 +0
  9. 1.82 ’25 −22
  10. 0.32 ’26e −82
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 302 357 585 736
Receivables 2,703 2,903 2,062 1,723
Inventory 1,725 1,202 1,220 1,327
Other — — 612 319
5,129 4,958 4,959 4,577
2023 2024 2025 Q'26
Payables 602 769 771 724
ST’ Debt 934 337 1,305 223
Other 70 86 207 88
3,385 3,019 3,755 2,759

Compound Annual Growth %

10y 5y 3y
Sales 3.36% (5.67%) (15.77%)
Cash Flow 0.00% 0.00% 0.00%
Earnings 0.00% 0.00% 0.00%
Book Value 0.96% (6.80%) (14.86%)

Earnings Trends EPS, adjusted, against the consensus

EPS $

Mar Jun Sep Dec Year
’26 (2.25) (1.49) (15.54) — —
’25 (0.12) 0.53 (4.52) (13.74) (17.88)
’24 (0.02) 2.35 0.52 (0.13) 2.72
’23 1.55 0.24 (0.03) 8.77 10.53
’22 1.64 1.06 0.95 2.17 5.81
’21 1.40 1.56 1.22 1.52 5.70
’20 1.58 1.41 0.85 0.38 4.22
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 759 867 106 — —
’25 791 1,051 542 1,083 3,467
’24 918 1,038 1,065 1,224 4,246
’23 1,344 1,015 982 1,146 4,487
’22 1,351 1,452 1,377 1,622 5,802
’21 1,196 1,242 1,194 1,414 5,045
’20 1,250 1,155 1,085 1,152 4,642
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 (617) 344 (13) — —
’25 (558) 50 (208) 637 (80)
’24 (164) 295 141 400 671
’23 (864) 117 68 293 (386)
’22 (609) 175 397 619 582
’21 (303) 231 316 576 820
’20 (328) 235 341 401 648
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (633) 339 (21) — —
’25 (590) 35 (232) 611 (176)
’24 (185) 285 126 378 603
’23 (911) 94 35 268 (514)
’22 (659) 152 363 635 491
’21 (328) 209 303 555 740
’20 (344) 228 329 399 612
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

2.9
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 2,539 2,531 4,285 4,610 4,642 5,045 5,802 4,487 4,246 3,467 2,815 +3.5% 3,264 3,529 3,685 +2.0%
Gross margin, % 36.68 37.60 43.87 45.20 44.09 42.84 40.10 40.81 38.83 37.00 21.96 +0.3 pt
EBT 181 96 608 655 731 898 984 300 253 (1,887) (3,016) n/m
EBT margin, % 7.12 3.78 14.20 14.21 15.75 17.80 16.96 6.69 5.95 (54.41) (107.13) (61.5) pt
Net income 212 538 512 480 552 737 742 1,321 342 (2,237) (4,254) n/m
Per share, $
Per share, $ Revenue 18.96 18.85 31.88 35.25 35.79 39.29 46.06 35.88 33.97 27.70 21.16 +4.3%
Earnings 1.56 3.99 3.72 3.64 4.24 5.72 5.83 10.55 2.73 (17.88) (33.02) n/m
Cash flow 3.72 2.50 2.74 3.74 4.99 6.39 4.62 (3.09) 5.37 (0.64) 2.64 n/m
Capex (0.67) (0.29) (0.62) (0.72) (0.28) (0.63) (0.73) (1.02) (0.54) (0.77) (0.42) +1.6%
Free cash flow 3.05 2.21 2.12 3.02 4.72 5.76 3.89 (4.11) 4.83 (1.41) 2.22 n/m
Book value 14.89 20.16 23.89 19.59 23.01 24.48 27.00 35.45 36.07 16.77 0.07 +1.3%
Shares, m 134 134 134 131 130 128 126 125 125 125 127 (0.7%)
Valuation, ×
Valuation, × P/E 31.85 20.95 17.32 27.57 27.04 19.21 21.39 6.15 17.87 0.00 0.00 18.9
P/S 2.62 4.42 2.02 2.83 3.21 2.80 2.71 1.81 1.43 0.50 0.29 2.4
P/B 3.34 4.14 2.70 5.10 5.00 4.49 4.63 1.83 1.35 0.83 84.73 3.3
EV/Sales 3.34 5.57 2.62 3.46 3.79 3.32 3.18 2.62 2.14 1.51 1.51 3.2
EV/FCF 20.76 47.44 39.30 40.48 28.78 22.67 37.58 (22.87) 15.06 (29.61) 14.37 20.0
Cash, $m
Cash, $m Operating cash flow 498 336 368 489 648 820 582 (386) 671 (80) 351 n/m
Capex (89) (38) (83) (94) (36) (80) (92) (128) (68) (96) (56) +0.8%
Free cash flow 409 297 285 395 612 740 491 (514) 603 (176) 296 n/m
Balance, $m
Balance, $m Working capital 1,411 1,443 1,037 1,351 1,547 1,534 1,639 1,745 1,939 1,204 1,819 (1.8%)
Net debt 1,829 2,903 2,558 2,920 2,699 2,656 2,702 3,655 3,008 3,490 3,442 +7.4%
Shareholders’ equity 1,993 2,707 3,210 2,561 2,984 3,144 3,401 4,433 4,509 2,099 10 +0.6%
Returns, %
Returns, % ROA 3.35 6.98 5.24 4.80 5.49 7.07 6.73 11.44 2.89 (20.98) (42.58) (24.3) pt
ROIC 4.36 1.77 8.03 9.37 9.86 11.15 11.72 4.29 4.21 (18.21) (49.43) (22.6) pt
ROE 10.72 22.80 16.97 16.49 19.87 24.08 22.46 33.74 7.63 (67.77) (223.37) (78.5) pt
People
People Employees 5,900 7,000 7,300 6,400 6,400 6,400 6,600 6,600 5,700 5,500 — (0.8%)
Revenue/emp, $m 0.43 0.36 0.59 0.72 0.73 0.79 0.88 0.68 0.74 0.63 — +4.3%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

FMC Corporation vs peers in Agricultural Inputs (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
CF CF Industries Holdings, Inc. $17.9B 8.3× 8.0× +12.12% (above 0%: growing) +31.51% (above 0%: growing) +23.85% (above 0%: growing) 38.71% 37.69% Compare
CTVA Corteva, Inc. $8.0B 8.0× 14.2× −1.19% (below 0%: shrinking) −9.90% (below 0%: shrinking) −169.39% (below 0%: shrinking) 57.39% 26.21% Compare
MOS The Mosaic Company $7.1B — (loss-making) — (loss-making) −10.18% (below 0%: shrinking) n/m +102.12% (above 0%: growing) 2.71% (3.12%) Compare
ICL ICL Group Ltd. $6.0B 19.5× 20.4× +16.54% (above 0%: growing) +57.14% (above 0%: growing) +38.81% (above 0%: growing) 31.10% 12.46% Compare
SMG The Scotts Miracle-Gro Company $3.9B 37.2× 23.4× −39.12% (below 0%: shrinking) n/m +24.47% (above 0%: growing) (0.69%) (47.21%) Compare
UAN CVR Partners, LP $1.2B 10.8× — −10.64% (below 0%: shrinking) n/m +5.14% (above 0%: growing) 21.70% (2.49%) Compare
FMC FMC Corporation $944.2M — (loss-making) — (loss-making) −80.47% (below 0%: shrinking) n/m +90.90% (above 0%: growing) (379.23%) (1,050.24%)
IPI Intrepid Potash, Inc $422.1M 16.9× — (loss-making) −4.11% (below 0%: shrinking) −54.76% (below 0%: shrinking) −85.77% (below 0%: shrinking) 19.68% 0.41% Compare
LVROF Lavoro Limited $34.8M — (loss-making) — (loss-making) −23.62% (below 0%: shrinking) n/m −6.85% (below 0%: shrinking) 15.65% 0.67% Compare
Median of peers $4.9B 13.9× 17.3× −7.14% +10.81% +14.50% 20.69% 0.54%

All 15 Agricultural Inputs stocks →

Pay and ownership Proxy statement filed 13 March 2026

Ownership

Directors and executive officers, together less than 1%
BlackRock, Inc. 14.00%
The Vanguard Group, Inc. 10.37%
Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

FMC Corporation (FMC) Latest News

4 Nov

1 Nov

30 Oct

Impact 4 · · MarketBeat transcript
Impact 4 · · The Motley Fool transcript
Impact 4 · · Moby
Impact 3 · · The Motley Fool

29 Oct

Impact 4 · · Associated Press
stockrow.com/FMC · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com