FMCNYSEChemicals & Allied ProductsFiscal year ends December 31
FMC CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$5.36−0.30 (-5.30%)
Close on Oct 19, 2026
- Market cap
- $672.17M
- P/E (TTM)
- –
- Dividend yield
- 33.96%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
37.0%−7.1 pts over 5 years
Operating margin
-47.0%−66.3 pts over 5 years
Net margin
-64.6%−76.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -18.3% | -15.8% | -5.7% | +3.4% | |
| Gross profit | -22.2% | -18.0% | -8.9% | +4.8% | |
| Dividend per share | -21.6% | -5.7% | +0.2% | +10.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.9% | 20.1% | -68.3% | |
| Return on assets | 3.4% | 5.5% | -21.0% | |
| Current ratio | 1.98 | 1.55 | 1.32 | |
| Debt to equity | 0.97 | 1.10 | 1.97 | |
| Net debt to EBITDA | 4.99× | 2.55× | -2.40× | |
| Interest coverage | 4.2× | 5.9× | -6.8× | |
| Inventory turnover | 2.5× | 2.5× | 1.8× | |
| Capex to revenue | 3.6% | 1.4% | 2.8% | |
| Diluted shares | 135M | 131M | 125M |
Where the cash went
Fiscal 2021 to 2025, five years combined
FMC generated $2.60B from operations and spent $2.50B on capital expenditure, dividends and share buybacks. 22% of that went back into the business.
Generated
$2.60B
Used
$2.50B
Capital expenditure$540.50M22%Dividends$1.39B55%Share buybacks$575.00M23%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-64.6%
×Asset turnover0.32×
×Equity multiplier3.25×
=Return on equity, FY2025-68.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -64.6% | 0.32× | 3.25× | -68.3% |
| FY2024 | 8.0% | 0.36× | 2.65× | 7.7% |
| FY2023 | 29.5% | 0.39× | 2.97× | 33.9% |
| FY2022 | 12.7% | 0.53× | 3.36× | 22.7% |
| FY2021 | 14.7% | 0.48× | 3.43× | 24.3% |
| FY2020 | 11.9% | 0.46× | 3.65× | 20.1% |
| FY2019 | 10.4% | 0.46× | 3.51× | 16.9% |
| FY2018 | 11.7% | 0.45× | 3.31× | 17.3% |
| FY2017 | 21.2% | 0.33× | 3.31× | 23.1% |
| FY2016 | 8.2% | 0.41× | 3.26× | 10.9% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
2of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$2.24B
- Cash generatingOperating cash flow above zero-$6.20M
- Return on assets improvedROA up on the prior year2.9% → -19.2%
- Earnings backed by cashOperating cash flow above net income-$6.20M vs -$2.24B
- Less leverageLong-term debt to assets fell26.0% → 28.6%
- Better liquidityCurrent ratio rose1.64 → 1.32
- No dilutionShare count did not rise125M → 125M
- Gross margin improvedGross margin up on the prior year38.83% → 37.00%
- More efficientAsset turnover rose0.36 → 0.30