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. In the quarter to June 2026, revenue fell 17.5%, EPS fell 381.1%, free cash flow grew 882.9% and total debt rose 2.82%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

5.66 0.04 +0.71%
Market cap
$874.2M
P/E
0.0×
Fwd P/E
6.4×
Dividend yield
5.65%
F-score
1/9
Altman Z
0.69
Beneish M
−4.00
Dividend safety
0/100

Insider Decisions trades per month

Total buys 0.48
Total sells 0.02
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy 2 — — — 1 — — — — — — —
Sell — — — — — — — — — — 1 —
Insider Ownership 1.87%

Capital & Financial Ratios $m

Market Cap 874.17
Revenue 3,251.20
Net Income (2,757.10)
Free Cash Flow 84.80
Net Debt 3,804.00
Current Ratio 1.99 (at or above 1.5: strong)
Debt/Equity 2.58 (above 2: weak)
P/E ratio 0.00
Fwd P/E 6.43
P/S ratio 0.22
P/B ratio 0.43
Past 5Y EPS Growth —
This Y EPS Growth (58.78%) (below 0%: weak)
Next Y EPS Growth 5.63%
Next Y revenue growth 3.22%
Next 5Y EPS Growth (17.06%) (below 0%: weak)

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

P/S against its own 10 years 0.07%
10-year low 10-year high
P/B against its own 10 years 0.29%
10-year low 10-year high
EV/Sales against its own 10 years 0.07%
10-year low 10-year high
EV/FCF against its own 10 years 77.91%
10-year low 10-year high

Dividends

Payout Ratio —
Annual Dividend Rate 0.32
Annual Dividend Yield 5.65%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.35
0.08
0.08
0.08
2025 1.82
0.58
0.58
0.58
0.08
2024 2.32
0.58
0.58
0.58
0.58
2023 2.32
0.58
0.58
0.58
0.58
2022 2.17
0.53
0.53
0.53
0.58
2021 1.97
0.48
0.48
0.48
0.53
2020 1.80
0.44
0.44
0.44
0.48
2019 1.64
0.40
0.40
0.40
0.44
2018 0.78
0.14
0.14
0.14
0.35
2017 0.57
0.14
0.14
0.14
0.14
2016 0.57
0.14
0.14
0.14
0.14
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 302 357 585 477
Receivables 2,703 2,903 2,062 2,071
Inventory 1,725 1,202 1,220 1,209
Other — — 612 402
5,129 4,958 4,959 4,729
2023 2024 2025 Q'26
Payables 602 769 771 658
ST’ Debt 934 337 1,305 326
Other 70 86 207 74
3,385 3,019 3,755 2,379

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%)

Revenue $m

Mar Jun Sep Dec Year
’26 759 867 — — —
’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 — — —
’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 — — —
’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.

EPS $

Mar Jun Sep Dec Year
’26 (2.25) (1.49) — — —
’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.

Target Price Range

Analyst price targets

Recommendation Rating

2.8
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
Price, $
Price, $ Low 27.96 48.93 60.16 62.81 56.77 87.27 98.24 49.49 47.71 12.17

Analyst estimates 2026–2028

Powerpack
High 52.04 83.28 85.60 101.95 122.29 123.66 140.99 133.37 68.72 57.00
People
People Employees 5,900 7,000 7,300 6,400 6,400 6,400 6,600 6,600 5,700 5,500
Revenue/emp, $m 0.43 0.36 0.59 0.72 0.73 0.79 0.88 0.68 0.74 0.63
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
Gross margin, % 36.68 37.60 43.87 45.20 44.09 42.84 40.10 40.81 38.83 37.00
EBT 181 96 608 655 731 898 984 300 253 (1,887)
EBT margin, % 7.12 3.78 14.20 14.21 15.75 17.80 16.96 6.69 5.95 (54.41)
Net income 212 538 512 480 552 737 742 1,321 342 (2,237)
Depreciation 101 98 150 150 163 171 169 184 176 174
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
Earnings 1.56 3.99 3.72 3.64 4.24 5.72 5.83 10.55 2.73 (17.88)
Cash flow 3.72 2.50 2.74 3.74 4.99 6.39 4.62 (3.09) 5.37 (0.64)
Capex (0.67) (0.29) (0.62) (0.72) (0.28) (0.63) (0.73) (1.02) (0.54) (0.77)
Free cash flow 3.05 2.21 2.12 3.02 4.72 5.76 3.89 (4.11) 4.83 (1.41)
Book value 14.89 20.16 23.89 19.59 23.01 24.48 27.00 35.45 36.07 16.77
Shares, m 134 134 134 131 130 128 126 125 125 125
Valuation, ×
Valuation, × P/E 31.71 20.86 17.24 27.57 27.04 19.21 21.39 6.15 17.87 0.00
P/S 2.61 4.40 2.01 2.83 3.21 2.80 2.71 1.81 1.43 0.50
P/B 3.32 4.12 2.69 5.10 5.00 4.49 4.63 1.83 1.35 0.83
EV/Sales 3.33 5.55 2.61 3.46 3.79 3.32 3.18 2.62 2.14 1.51
EV/FCF 20.69 47.27 39.17 40.48 28.78 22.67 37.58 (22.87) 15.06 (29.61)
Cash, $m
Cash, $m Operating cash flow 498 336 368 489 648 820 582 (386) 671 (80)
Capex (89) (38) (83) (94) (36) (80) (92) (128) (68) (96)
Free cash flow 409 297 285 395 612 740 491 (514) 603 (176)
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
Total debt 1,893 3,186 2,693 3,259 3,268 3,173 3,274 3,958 3,365 4,075
Net debt 1,829 2,903 2,558 2,920 2,699 2,656 2,702 3,655 3,008 3,490
Shareholders’ equity 1,993 2,707 3,210 2,561 2,984 3,144 3,401 4,433 4,509 2,099
Returns, %
Returns, % ROA 3.35 6.98 5.24 4.80 5.49 7.07 6.73 11.44 2.89 (20.98)
ROIC 4.36 1.77 8.03 9.37 9.86 11.15 11.72 4.29 4.21 (18.21)
ROE 10.72 22.80 16.97 16.49 19.87 24.08 22.46 33.74 7.63 (67.77)
Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

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. $18.1B 8.9× 6.2× +17.57% (above 0%: growing) +100.00% (above 0%: growing) +88.82% (above 0%: growing) 51.53% 50.45% Compare
CTVA Corteva, Inc. $8.6B 8.5× 28.9× −1.19% (below 0%: shrinking) −9.90% (below 0%: shrinking) −169.39% (below 0%: shrinking) 57.39% 26.21% Compare
ICL ICL Group Ltd. $6.4B 20.7× 20.4× +16.54% (above 0%: growing) +57.14% (above 0%: growing) +38.81% (above 0%: growing) 31.10% 12.46% Compare
MOS The Mosaic Company $6.0B — (loss-making) — (loss-making) −6.04% (below 0%: shrinking) n/m −149.10% (below 0%: shrinking) 7.60% (1.26%) Compare
SMG The Scotts Miracle-Gro Company $3.2B 43.7× 18.6× +1.10% (above 0%: growing) −25.19% (below 0%: shrinking) −26.61% (below 0%: shrinking) 31.22% 14.47% Compare
UAN CVR Partners, LP $1.4B 8.3× — +19.95% (above 0%: growing) +99.73% (above 0%: growing) +177.34% (above 0%: growing) 57.09% 41.95% Compare
FMC FMC Corporation $874.2M — (loss-making) 6.4× −17.46% (below 0%: shrinking) n/m +882.90% (above 0%: growing) 39.45% (13.80%)
IPI Intrepid Potash, Inc $434.2M 16.2× — (loss-making) −1.26% (below 0%: shrinking) +372.00% (above 0%: growing) −31.61% (below 0%: shrinking) 24.97% 1.59% Compare
AVD American Vanguard Corporation $36.9M — (loss-making) 11.4× −9.71% (below 0%: shrinking) n/m −33.18% (below 0%: shrinking) 29.73% (0.26%) Compare
Median of peers $4.6B 12.6× 18.6× −0.05% +78.44% −29.11% 31.16% 13.47%

All 18 Agricultural Inputs stocks →

FMC Corporation (FMC) key facts

  • Concern: FMC Corporation’s revenue for fiscal 2025 (year ended December 2025) was $3.5 billion, down 18.3% from fiscal 2024.
  • Concern: FMC Corporation reported a net loss of $2.2 billion, or a loss of $17.88 per share, for fiscal 2025.
  • FMC Corporation (FMC) is an Agricultural Inputs company in the Basic Materials sector, listed on the New York Stock Exchange.
  • As of October 16, 2026, FMC traded at $5.66, a market capitalization of $874.2 million.
  • Trailing earnings are negative, so a P/E ratio is not meaningful; the stock trades at 0.2× sales.
  • FMC Corporation pays an annual dividend of $0.32 per share, a yield of 5.65%.
  • Return on equity was −67.8% and debt-to-equity 2.58.
  • Its Piotroski F-score is 1 out of 9 and its Altman Z-score is 0.69 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.

FMC Corporation (FMC) Latest News

7 Aug

Impact 4 · transcript
stockrow.com/FMC · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com