FMC (FMC) Financials

$39.52 +0.06 (+0.15%)

As of 01:02 PM Eastern

Annual Income Statements for FMC

This table shows FMC's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	341	1,322	737	740	552	477	502	1,072	209	489
Consolidated Net Income / (Loss)	342	1,321	742	737	552	480	512	1,074	212	499
Net Income / (Loss) Continuing Operations	403	1,420	839	805	580	544	538	-133	131	-213
Total Pre-Tax Income	253	300	984	898	731	655	608	96	181	-207
Total Operating Income	507	556	1,144	1,035	897	822	741	159	243	-147
Total Gross Profit	1,649	1,831	2,327	2,161	2,047	2,084	1,880	952	931	800
Total Revenue	4,246	4,487	5,802	5,045	4,642	4,610	4,285	2,531	2,539	2,491
Operating Revenue	4,246	4,487	5,802	5,045	4,642	4,610	4,285	2,531	2,539	2,491
Total Cost of Revenue	2,597	2,656	3,476	2,884	2,595	2,526	2,406	1,579	1,608	1,691
Operating Cost of Revenue	2,597	2,656	3,476	2,884	2,595	2,526	2,406	1,579	1,608	1,691
Total Operating Expenses	1,142	1,275	1,183	1,127	1,150	1,262	1,139	793	688	947
Selling, General & Admin Expense	645	734	775	714	730	793	790	582	435	661
Research & Development Expense	278	329	314	305	288	298	288	138	135	136
Restructuring Charge	220	212	93	108	132	171	61	73	95	150
Total Other Income / (Expense), net	-254	-255	-160	-137	-166	-167	-133	-63	-62	-61
Interest Expense	236	237	152	131	151	160	135	80	64	62
Interest & Investment Income	-18	-18	-8.60	-5.60	-15	1.90	1.50	1.00	1.10	1.30
Income Tax Expense	-151	-1,119	145	93	151	112	71	229	50	5.20
Net Income / (Loss) Discontinued Operations	-62	-99	-97	-68	-28	-63	-26	1,343	81	711
Net Income / (Loss) Attributable to Noncontrolling Interest	0.50	-0.50	5.00	-2.50	-0.90	2.80	9.40	2.60	2.60	9.50
Basic Earnings per Share	$2.73	$10.55	$5.83	$5.76	$4.26	$3.64	$3.72	$3.99	$1.56	$3.66
Weighted Average Basic Shares Outstanding	124.84M	124.76M	125.11M	125.70M	129.35M	129.12M	134.41M	134.26M	133.89M	133.70M
Diluted Earnings per Share	$2.72	$10.53	$5.81	$5.73	$4.23	$3.62	$3.69	$3.99	$1.56	$3.66
Weighted Average Diluted Shares Outstanding	124.84M	124.76M	125.11M	125.70M	129.35M	129.12M	134.41M	134.26M	133.89M	133.70M
Weighted Average Basic & Diluted Shares Outstanding	124.84M	124.76M	125.11M	125.70M	129.35M	129.12M	134.41M	134.26M	133.89M	133.70M
Cash Dividends to Common per Share	$2.32	$2.32	$2.17	$1.96	$1.80	$1.64	$0.90	$0.66	$0.66	$0.66

This table shows FMC's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	-16	-16	65	295	-2.70	1,099	-3.50	31	196	274	121
Consolidated Net Income / (Loss)	-16	-16	66	295	-3.10	1,096	-3.70	32	196	280	118
Net Income / (Loss) Continuing Operations	-8.60	-268	67	596	9.40	1,154	4.60	54	207	335	135
Total Pre-Tax Income	4.90	178	73	-5.50	8.00	-43	32	63	249	348	171
Total Operating Income	58	235	136	62	74	18	101	132	305	395	211
Total Gross Profit	317	525	386	398	340	436	381	433	581	686	478
Total Revenue	791	1,224	1,065	1,038	918	1,146	982	1,015	1,344	1,622	1,377
Operating Revenue	791	1,224	1,065	1,038	918	1,146	982	1,015	1,344	1,622	1,377
Total Cost of Revenue	475	700	679	640	578	710	601	582	763	936	900
Operating Cost of Revenue	475	700	679	640	578	710	601	582	763	936	900
Total Operating Expenses	259	290	251	336	266	418	280	301	277	291	267
Selling, General & Admin Expense	172	157	159	165	164	172	171	206	186	213	179
Research & Development Expense	69	72	69	76	61	82	81	88	78	84	79
Restructuring Charge	18	61	23	95	41	164	28	7.30	13	-5.80	9.00
Total Other Income / (Expense), net	-53	-57	-63	-68	-66	-62	-69	-69	-56	-47	-40
Interest Expense	50	52	59	64	62	52	65	69	51	45	42
Interest & Investment Income	-3.20	-5.30	-4.40	-4.20	-4.30	-	-4.20	-	-4.60	-2.10	1.70
Income Tax Expense	14	148	6.00	-304	-1.40	-1,197	27	9.20	41	12	36
Net Income / (Loss) Discontinued Operations	-7.00	-43	-0.90	-5.60	-13	-57	-8.30	-22	-12	-55	-16
Net Income / (Loss) Attributable to Noncontrolling Interest	-0.10	0.20	0.60	0.10	-0.40	-2.10	-0.20	1.90	-0.10	6.50	-2.70
Basic Earnings per Share	($0.12)	($0.12)	$0.52	$2.35	($0.02)	$8.78	($0.03)	$0.24	$1.56	$2.16	$0.96
Weighted Average Basic Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M
Diluted Earnings per Share	($0.12)	($0.13)	$0.52	$2.35	($0.02)	$8.77	($0.03)	$0.24	$1.55	$2.16	$0.95
Weighted Average Diluted Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M
Weighted Average Basic & Diluted Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M

This table details how cash moves in and out of FMC's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	55	-270	55	-52	230	177	-121	181	-16	-151
Net Cash From Operating Activities	671	-386	582	820	629	489	368	336	498	-417
Net Cash From Continuing Operating Activities	737	-300	660	899	737	556	363	232	369	-471
Net Income / (Loss) Continuing Operations	403	1,420	839	805	580	544	538	-133	131	-213
Consolidated Net Income / (Loss)	342	1,321	742	737	552	480	512	538	212	499
Net Income / (Loss) Discontinued Operations	-62	-99	-97	-68	-28	-63	-26	672	81	711
Depreciation Expense	176	184	169	171	163	150	150	98	101	77
Non-Cash Adjustments To Reconcile Net Income	123	8.80	184	416	-66	30	90	-59	-2.80	-179
Changes in Operating Assets and Liabilities, net	34	-1,913	-533	-493	41	-168	-415	326	141	-215
Net Cash From Discontinued Operating Activities	-66	-86	-78	-79	-89	-67	5.70	104	129	113
Net Cash From Investing Activities	264	-154	-266	-112	-169	-187	-131	-2,584	-137	280
Net Cash From Continuing Investing Activities	264	-154	-266	-132	-200	-196	-38	-2,539	-101	-1,230
Purchase of Property, Plant & Equipment	-68	-134	-142	-113	-114	-142	-132	-1,289	-91	-53
Acquisitions	-4.80	-17	-198	-5.20	-66	0.00	-	-	0.00	-1,205
Sale of Property, Plant & Equipment	0.00	5.80	51	0.00	-	-	-	38	-	-
Divestitures	340	0.00	0.00	-	-	-	20	1,264	-	-
Other Investing Activities, net	-3.70	-9.80	24	-14	-20	-54	-14	25	-12	-40
Net Cash From Financing Activities	-870	332	-237	-748	-250	-124	-363	2,426	-377	-14
Net Cash From Continuing Financing Activities	-868	332	-237	-748	-250	-87	-397	2,426	-375	-14
Repayment of Debt	0.00	-799	114	-1,098	-3.00	-1,011	-555	-3.10	-262	-1,584
Repurchase of Common Equity	0.00	-81	-109	-408	-50	-400	-200	-	-11	0.00
Payment of Dividends	-291	-291	-268	-247	-237	-210	-89	89	-109	-86
Issuance of Debt	-577	1,499	0.00	1,000	27	1,500	80	3,125	2.80	1,650
Issuance of Common Equity	0.20	5.30	9.40	7.90	25	51	374	23	4.10	5.90
Other Financing Activities, net	0.00	-0.80	16	-2.40	-12	-16	-6.80	2.60	-	-
Effect of Exchange Rate Changes	-9.70	-60	-23	-12	1.60	-0.20	4.50	4.00	-	-

This table details how cash moves in and out of FMC's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-42	-59	-55	54	115	-21	-618	447	-78	208	-228
Net Cash From Operating Activities	-558	400	141	295	-164	293	68	117	-864	619	397
Net Cash From Continuing Operating Activities	-545	428	160	292	-143	318	102	132	-851	644	418
Net Income / (Loss) Continuing Operations	-8.60	30	67	298	9.40	1,154	4.60	54	207	335	135
Consolidated Net Income / (Loss)	-16	-16	66	295	-3.10	1,096	-3.70	32	196	280	118
Net Income / (Loss) Discontinued Operations	-7.00	-46	-0.90	-2.80	-13	-57	-8.30	-22	-12	-55	-16
Depreciation Expense	44	43	43	44	46	46	46	48	45	43	41
Non-Cash Adjustments To Reconcile Net Income	-413	178	45	96	-195	297	-40	418	-666	257	73
Changes in Operating Assets and Liabilities, net	-167	178	4.90	-146	-3.10	-1,178	91	-389	-437	9.20	169
Net Cash From Discontinued Operating Activities	-13	-28	-18	2.60	-22	-25	-34	-14	-13	-26	-20
Net Cash From Investing Activities	-38	320	-16	-16	-24	-28	-48	-24	-54	28	-229
Net Cash From Continuing Investing Activities	-38	320	-16	-16	-24	-28	-48	-24	-54	28	-229
Purchase of Property, Plant & Equipment	-32	-22	-16	-9.90	-21	-25	-33	-29	-47	-34	-35
Other Investing Activities, net	-6.40	5.90	-0.60	-6.00	-3.00	14	-15	-1.00	-7.50	209	-194
Net Cash From Financing Activities	552	-769	-186	-221	306	-231	-633	354	840	-435	-388
Net Cash From Continuing Financing Activities	552	-766	-186	-221	306	-231	-633	354	840	-435	-388
Repayment of Debt	-1.30	-119	119	-380	380	-157	-561	-1,023	941	116	-722
Repurchase of Common Equity	-1.40	2.20	-0.40	-0.10	-1.70	-	-	-51	-31	-100	-0.30
Payment of Dividends	-80	-73	-73	-73	-73	-73	-73	-73	-73	-67	-67
Issuance of Debt	635	-577	-232	-	-	-	-	-	-	-401	401
Issuance of Common Equity	0.20	-	-	0.20	0.00	0.10	1.30	1.60	2.30	1.00	0.10
Effect of Exchange Rate Changes	2.20	-	-	-	-	-56	-4.40	-0.30	0.40	-3.00	-8.20

This table presents FMC's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	11,653	11,926	11,171	10,673	10,186	9,873	9,974	9,206	6,139	6,326
Total Current Assets	4,958	5,129	5,439	5,054	4,376	4,075	4,030	3,653	2,849	2,972
Cash & Equivalents	357	302	572	517	569	339	134	283	64	79
Accounts Receivable	2,903	2,703	2,871	2,584	2,330	2,231	2,144	2,044	1,693	1,851
Inventories, net	1,202	1,725	1,652	1,522	1,096	1,017	1,026	993	479	800
Prepaid Expenses	496	399	344	431	381	488	433	326	232	242
Plant, Property, & Equipment, net	850	893	850	817	772	758	757	1,025	538	1,016
Total Noncurrent Assets	5,845	5,905	4,883	4,802	5,039	5,040	5,187	4,528	2,752	2,338
Long-Term Investments	26	20	15	9.20	3.10	0.70	0.70	1.40	1.00	2.50
Goodwill	1,507	1,594	1,589	1,463	1,469	1,468	1,468	1,199	499	776
Intangible Assets	2,361	2,465	2,508	2,522	2,625	2,629	2,703	2,632	720	837
Noncurrent Deferred & Refundable Income Taxes	1,524	1,337	211	194	230	257	273	253	242	287
Other Noncurrent Operating Assets	428	490	561	614	712	685	383	444	455	435
Total Liabilities & Shareholders' Equity	11,653	11,926	11,171	10,673	10,186	9,873	9,974	9,206	6,139	6,326
Total Liabilities	7,145	7,493	7,770	7,529	7,202	7,311	6,764	6,499	4,146	4,418
Total Current Liabilities	3,019	3,385	3,800	3,520	2,829	2,724	2,993	2,209	1,438	1,453
Short-Term Debt	337	934	541	441	338	228	548	193	94	113
Accounts Payable	769	602	1,252	1,135	947	900	796	714	317	404
Accrued Expenses	1,245	1,166	1,067	1,038	970	961	936	764	605	594
Current Deferred Revenue	454	482	681	631	347	493	458	381	240	250
Current Deferred & Payable Income Tax Liabilities	123	124	115	65	82	62	85	99	11	20
Current Employee Benefit Liabilities	6.40	6.40	2.30	4.30	4.20	4.30	6.20	5.70	7.10	6.40
Other Current Liabilities	86	70	142	206	141	76	67	52	105	67
Total Noncurrent Liabilities	4,125	4,108	3,971	4,009	4,373	4,587	3,771	4,290	2,708	2,964
Long-Term Debt	3,028	3,024	2,733	2,732	2,930	3,031	2,145	2,993	1,799	2,036
Asset Retirement Reserve & Litigation Obligation	521	495	439	416	444	471	459	346	306	282
Noncurrent Deferred & Payable Income Tax Liabilities	86	158	322	342	350	333	331	173	130	173
Noncurrent Employee Benefit Liabilities	19	24	32	42	46	44	47	59	137	194
Other Noncurrent Operating Liabilities	471	407	445	477	604	708	743	718	268	279
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,509	4,433	3,401	3,144	2,984	2,561	3,210	2,707	1,993	1,908
Total Preferred & Common Equity	4,488	4,411	3,378	3,124	2,962	2,532	3,121	2,682	1,958	1,866
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,488	4,411	3,378	3,124	2,962	2,532	3,121	2,682	1,958	1,866
Common Stock	985	954	928	899	879	848	795	469	437	436
Retained Earnings	6,638	6,587	5,556	5,093	4,506	4,189	4,334	3,952	3,506	3,385
Treasury Stock	-2,725	-2,724	-2,646	-2,542	-2,141	-2,093	-1,699	-1,500	-1,507	-1,498
Accumulated Other Comprehensive Income / (Loss)	-411	-407	-460	-326	-282	-412	-309	-240	-478	-457
Noncontrolling Interest	21	23	23	19	22	29	89	25	35	43

This table presents FMC's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	11,801	11,653	12,219	12,131	11,978	11,926	10,956	11,952	11,732	11,171	10,765
Total Current Assets	5,078	4,958	5,316	5,210	5,198	5,129	5,322	6,267	6,022	5,439	5,111
Cash & Equivalents	315	357	417	472	418	302	324	942	494	572	364
Accounts Receivable	2,900	2,903	2,891	2,702	2,818	2,703	2,565	2,783	3,202	2,871	2,600
Inventories, net	1,374	1,202	1,392	1,435	1,587	1,725	1,999	2,072	1,911	1,652	1,732
Prepaid Expenses	488	496	616	601	375	399	435	470	414	344	415
Plant, Property, & Equipment, net	859	850	869	861	876	893	873	868	863	850	790
Total Noncurrent Assets	5,865	5,845	6,034	6,059	5,905	5,905	4,762	4,817	4,848	4,883	4,865
Long-Term Investments	26	26	25	23	20	20	19	18	18	15	10
Goodwill	1,515	1,507	1,518	1,509	1,588	1,594	1,585	1,592	1,592	1,589	1,574
Intangible Assets	2,367	2,361	2,422	2,413	2,433	2,465	2,453	2,489	2,500	2,508	2,473
Noncurrent Deferred & Refundable Income Taxes	1,527	1,524	1,621	1,664	1,375	1,337	209	219	219	211	184
Other Noncurrent Operating Assets	430	428	448	450	489	490	495	500	519	561	623
Total Liabilities & Shareholders' Equity	11,801	11,653	12,219	12,131	11,978	11,926	10,956	11,952	11,732	11,171	10,765
Total Liabilities	7,389	7,145	7,589	7,550	7,646	7,493	7,642	8,574	8,238	7,770	7,561
Total Current Liabilities	3,305	3,019	3,588	3,523	3,553	3,385	3,447	4,353	4,668	3,800	3,632
Short-Term Debt	976	337	1,043	1,153	1,311	934	1,093	1,661	1,879	541	826
Accounts Payable	802	769	803	697	589	602	663	1,033	1,183	1,252	1,046
Accrued Expenses	1,347	1,245	1,574	1,481	1,361	1,166	1,483	1,428	1,334	1,067	1,469
Current Deferred Revenue	1.80	454	0.40	0.80	89	482	1.70	3.40	14	681	3.30
Current Deferred & Payable Income Tax Liabilities	103	123	83	120	116	124	108	118	140	115	99
Current Employee Benefit Liabilities	3.00	6.40	6.40	6.40	6.40	6.40	3.50	3.50	3.50	2.30	4.30
Other Current Liabilities	73	86	78	64	80	70	96	106	115	142	184
Total Noncurrent Liabilities	4,084	4,125	4,000	4,027	4,093	4,108	4,195	4,222	3,569	3,971	3,929
Long-Term Debt	3,028	3,028	3,027	3,026	3,025	3,024	3,023	3,022	2,334	2,733	2,733
Asset Retirement Reserve & Litigation Obligation	518	521	459	466	478	495	416	431	426	439	357
Noncurrent Deferred & Payable Income Tax Liabilities	87	86	104	110	152	158	321	324	324	322	352
Noncurrent Employee Benefit Liabilities	22	19	24	24	24	24	30	30	30	32	39
Other Noncurrent Operating Liabilities	430	471	386	401	414	407	406	415	456	445	449
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	4,412	4,509	4,630	4,581	4,333	4,433	3,315	3,377	3,495	3,401	3,204
Total Preferred & Common Equity	4,382	4,488	4,608	4,559	4,312	4,411	3,291	3,353	3,471	3,378	3,188
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	4,382	4,488	4,608	4,559	4,312	4,411	3,291	3,353	3,471	3,378	3,188
Common Stock	972	985	980	974	961	954	948	941	935	928	922
Retained Earnings	6,549	6,638	6,726	6,734	6,512	6,587	5,561	5,637	5,679	5,556	5,355
Treasury Stock	-2,724	-2,725	-2,725	-2,725	-2,725	-2,724	-2,724	-2,724	-2,675	-2,646	-2,547
Accumulated Other Comprehensive Income / (Loss)	-415	-411	-373	-424	-437	-407	-495	-501	-469	-460	-542
Noncontrolling Interest	30	21	22	21	21	23	24	24	24	23	15

This table displays calculated financial ratios and metrics derived from FMC's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-5.36%	-22.67%	15.01%	8.68%	0.70%	7.57%	69.30%	-0.30%	1.92%	-23.56%
EBITDA Growth	-7.72%	-43.68%	8.98%	13.76%	9.96%	8.08%	227.07%	-20.71%	593.26%	-113.71%
EBIT Growth	-8.84%	-51.45%	10.61%	15.34%	10.25%	9.72%	324.14%	-28.13%	266.01%	-135.32%
NOPAT Growth	-69.20%	169.33%	5.12%	30.44%	4.35%	4.13%	397.30%	-225.26%	271.44%	-129.24%
Net Income Growth	-74.14%	78.15%	0.60%	33.65%	14.85%	-6.12%	-52.38%	407.42%	-57.53%	54.77%
EPS Growth	-74.17%	81.24%	1.40%	35.46%	16.85%	-1.90%	-52.38%	407.42%	-57.38%	59.83%
Operating Cash Flow Growth	273.68%	-166.35%	-28.98%	30.49%	28.66%	32.60%	9.81%	-32.60%	219.29%	-213.61%
Free Cash Flow Firm Growth	114.42%	-4.50%	-17.18%	59.78%	11.25%	-53.92%	132.28%	-317.52%	196.23%	-269.17%
Invested Capital Growth	-7.16%	32.53%	5.15%	1.94%	3.64%	4.22%	-6.13%	105.18%	-31.33%	52.84%
Revenue Q/Q Growth	1.88%	-9.59%	3.73%	5.46%	-0.96%	2.17%	12.24%	-2.17%	29.25%	-23.71%
EBITDA Q/Q Growth	45.56%	-33.53%	10.55%	11.91%	3.16%	-7.07%	38.64%	-20.27%	179.29%	-140.10%
EBIT Q/Q Growth	74.66%	-40.39%	12.26%	14.11%	3.40%	-8.29%	46.78%	-28.74%	284.20%	-348.31%
NOPAT Q/Q Growth	-94.23%	224.03%	15.52%	26.04%	-1.00%	-15.68%	511.31%	-191.73%	145.35%	-348.31%
Net Income Q/Q Growth	-76.51%	161.58%	14.15%	23.51%	10.19%	-7.23%	-66.87%	4,432.49%	2,960.81%	-36.05%
EPS Q/Q Growth	-76.59%	168.62%	12.16%	21.91%	10.16%	-8.59%	-66.87%	4,432.49%	2,050.00%	-36.01%
Operating Cash Flow Q/Q Growth	18.91%	-536.57%	7.91%	46.63%	-18.63%	3,153.13%	-22.77%	145.25%	46.89%	-973.01%
Free Cash Flow Firm Q/Q Growth	-89.21%	477.57%	21.54%	55.14%	-23.78%	-24.26%	136.04%	-314.90%	635.89%	-117.05%
Invested Capital Q/Q Growth	-9.29%	13.85%	-4.69%	-5.10%	-3.60%	-6.24%	-6.82%	102.50%	-31.14%	-2.73%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	38.83%	40.81%	40.10%	42.84%	44.09%	45.20%	43.87%	37.60%	36.68%	32.13%
EBITDA Margin	16.08%	16.49%	22.64%	23.89%	22.83%	20.90%	20.81%	10.77%	13.54%	-2.80%
Operating Margin	11.93%	12.38%	19.72%	20.50%	19.32%	17.82%	17.29%	6.26%	9.58%	-5.88%
EBIT Margin	11.93%	12.38%	19.72%	20.50%	19.32%	17.65%	17.30%	6.91%	9.58%	-5.88%
Profit (Net Income) Margin	8.05%	29.44%	12.78%	14.61%	11.88%	10.42%	11.94%	42.44%	8.34%	20.01%
Tax Burden Percent	135.29%	440.04%	75.36%	82.10%	75.44%	73.31%	84.07%	1,121.29%	117.09%	-240.36%
Interest Burden Percent	49.85%	54.03%	85.98%	86.79%	81.50%	80.52%	82.06%	54.81%	74.34%	141.57%
Effective Tax Rate	-59.76%	-372.85%	14.76%	10.30%	20.68%	17.02%	11.64%	238.94%	27.71%	0.00%
Return on Invested Capital (ROIC)	10.40%	37.11%	16.42%	16.18%	12.75%	12.70%	12.06%	-5.29%	5.24%	-3.12%
ROIC Less NNEP Spread (ROIC-NNEP)	-3.73%	-4.20%	7.65%	9.04%	7.05%	4.58%	6.26%	65.98%	7.80%	35.59%
Return on Net Nonoperating Assets (RNNOA)	-2.76%	-3.39%	6.24%	7.88%	7.14%	3.94%	5.23%	51.00%	5.61%	31.83%
Return on Equity (ROE)	7.64%	33.72%	22.66%	24.06%	19.89%	16.64%	17.29%	45.71%	10.85%	28.71%
Cash Return on Invested Capital (CROIC)	17.83%	9.14%	11.40%	14.26%	9.17%	8.57%	18.38%	-74.22%	42.39%	-44.92%
Operating Return on Assets (OROA)	4.30%	4.81%	10.48%	9.92%	8.94%	8.20%	7.73%	2.28%	3.90%	-2.51%
Return on Assets (ROA)	2.90%	11.44%	6.79%	7.07%	5.50%	4.84%	5.33%	14.00%	3.40%	8.56%
Return on Common Equity (ROCE)	7.60%	33.53%	22.51%	23.89%	19.70%	16.30%	16.95%	45.12%	10.64%	28.08%
Return on Equity Simple (ROE_SIMPLE)	7.61%	29.95%	21.95%	23.59%	18.62%	18.96%	16.39%	40.06%	10.81%	26.72%
Net Operating Profit after Tax (NOPAT)	809	2,627	975	928	711	682	655	-220	176	-103
NOPAT Margin	19.06%	58.55%	16.81%	18.39%	15.32%	14.79%	15.28%	-8.70%	6.92%	-4.12%
Net Nonoperating Expense Percent (NNEP)	14.13%	41.32%	8.77%	7.14%	5.70%	8.11%	5.79%	-71.27%	-2.56%	-38.71%
Return On Investment Capital (ROIC_SIMPLE)	10.28%	31.31%	14.61%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	61.17%	59.19%	59.90%	57.16%	55.91%	54.80%	56.13%	62.40%	63.32%	67.87%
SG&A Expenses to Revenue	15.18%	16.37%	13.36%	14.15%	15.72%	17.20%	18.44%	22.98%	17.14%	26.52%
R&D to Revenue	6.55%	7.33%	5.42%	6.04%	6.20%	6.47%	6.71%	5.47%	5.30%	5.46%
Operating Expenses to Revenue	26.90%	28.43%	20.38%	22.33%	24.77%	27.38%	26.58%	31.34%	27.10%	38.01%
Earnings before Interest and Taxes (EBIT)	507	556	1,144	1,035	897	814	741	175	243	-147
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	683	740	1,314	1,205	1,060	964	892	273	344	-70
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.35	1.71	4.34	4.21	4.67	4.65	2.85	4.19	3.39	2.42
Price to Tangible Book Value (P/TBV)	9.79	21.45	0.00	0.00	0.00	0.00	0.00	0.00	8.97	17.87
Price to Revenue (P/Rev)	1.43	1.68	2.53	2.61	2.98	2.56	2.08	4.44	2.61	1.81
Price to Earnings (P/E)	17.79	5.72	19.93	17.80	25.05	24.68	17.72	10.48	31.71	9.23
Dividend Yield	4.77%	3.83%	1.86%	1.90%	1.69%	1.80%	1.35%	0.79%	1.33%	1.95%
Earnings Yield	5.62%	17.49%	5.02%	5.62%	3.99%	4.05%	5.64%	9.55%	3.15%	10.83%
Enterprise Value to Invested Capital (EV/IC)	1.21	1.39	2.86	2.73	2.91	2.69	2.20	2.53	3.11	1.67
Enterprise Value to Revenue (EV/Rev)	2.14	2.50	3.00	3.14	3.57	3.20	2.69	5.59	3.35	2.66
Enterprise Value to EBITDA (EV/EBITDA)	13.29	15.15	13.23	13.13	15.62	15.29	12.95	51.92	24.70	0.00
Enterprise Value to EBIT (EV/EBIT)	17.91	20.18	15.19	15.30	18.46	18.11	15.57	80.96	34.92	0.00
Enterprise Value to NOPAT (EV/NOPAT)	11.21	4.27	17.82	17.06	23.27	21.61	17.63	0.00	48.31	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	13.52	0.00	29.85	19.31	26.34	30.15	31.34	42.18	17.06	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	6.54	17.34	25.67	19.36	32.35	32.02	11.56	0.00	5.97	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.75	0.89	0.96	1.01	1.10	1.27	0.84	1.18	0.95	1.13
Long-Term Debt to Equity	0.67	0.68	0.80	0.87	0.98	1.18	0.67	1.11	0.90	1.07
Financial Leverage	0.74	0.81	0.82	0.87	1.01	0.86	0.84	0.77	0.72	0.89
Leverage Ratio	2.64	2.95	3.34	3.40	3.62	3.44	3.24	3.27	3.20	3.36
Compound Leverage Factor	1.31	1.59	2.87	2.95	2.95	2.77	2.66	1.79	2.38	4.75
Debt to Total Capital	42.74%	47.16%	49.05%	50.23%	52.27%	55.99%	45.62%	54.06%	48.71%	52.97%
Short-Term Debt to Total Capital	4.28%	11.13%	8.10%	6.98%	5.41%	3.91%	9.28%	3.27%	2.42%	2.78%
Long-Term Debt to Total Capital	38.45%	36.03%	40.95%	43.25%	46.86%	52.08%	36.34%	50.79%	46.29%	50.19%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.27%	0.27%	0.34%	0.31%	0.36%	0.50%	1.51%	0.43%	0.91%	1.05%
Common Equity to Total Capital	56.99%	52.57%	50.61%	49.46%	47.37%	43.51%	52.87%	45.51%	50.38%	45.98%
Debt to EBITDA	4.93	5.35	2.49	2.63	3.08	3.38	3.02	11.69	5.51	-30.83
Net Debt to EBITDA	4.37	4.91	2.05	2.20	2.54	3.03	2.87	10.64	5.32	-29.67
Long-Term Debt to EBITDA	4.43	4.09	2.08	2.27	2.76	3.15	2.41	10.98	5.23	-29.22
Debt to NOPAT	4.16	1.51	3.36	3.42	4.59	4.78	4.11	-14.47	10.77	-20.95
Net Debt to NOPAT	3.69	1.38	2.76	2.85	3.79	4.28	3.91	-13.17	10.40	-20.16
Long-Term Debt to NOPAT	3.74	1.15	2.80	2.94	4.12	4.45	3.28	-13.59	10.23	-19.86
Altman Z-Score	2.01	2.08	2.86	2.68	2.70	2.46	2.20	2.16	2.58	1.97
Noncontrolling Interest Sharing Ratio	0.49%	0.58%	0.65%	0.68%	0.93%	2.05%	1.94%	1.29%	2.00%	2.19%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.64	1.52	1.43	1.44	1.55	1.50	1.35	1.65	1.98	2.04
Quick Ratio	1.08	0.89	0.91	0.88	1.02	0.94	0.76	1.05	1.22	1.33
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	1,387	647	677	818	512	460	998	-3,092	1,422	-1,477
Operating Cash Flow to CapEx	988.37%	-301.64%	634.42%	727.04%	549.39%	344.26%	280.15%	26.84%	545.83%	-781.46%
Free Cash Flow to Firm to Interest Expense	5.88	2.73	4.46	6.24	3.38	2.87	7.42	-38.65	22.39	-23.75
Operating Cash Flow to Interest Expense	2.85	-1.63	3.84	6.26	4.15	3.05	2.74	4.19	7.84	-6.71
Operating Cash Flow Less CapEx to Interest Expense	2.56	-2.17	3.23	5.40	3.40	2.16	1.76	-11.43	6.40	-7.57
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.36	0.39	0.53	0.48	0.46	0.46	0.45	0.33	0.41	0.43
Accounts Receivable Turnover	1.51	1.61	2.13	2.05	2.04	2.11	2.05	1.36	1.43	1.44
Inventory Turnover	1.78	1.57	2.19	2.20	2.46	2.47	2.38	2.15	2.51	2.40
Fixed Asset Turnover	4.87	5.15	6.96	6.35	6.07	6.09	4.81	3.24	3.27	2.56
Accounts Payable Turnover	3.79	2.86	2.91	2.77	2.81	2.98	3.19	3.06	4.46	4.32
Days Sales Outstanding (DSO)	240.97	226.75	171.58	177.75	179.33	173.20	178.33	269.37	254.74	253.05
Days Inventory Outstanding (DIO)	205.62	232.00	166.64	165.64	148.55	147.56	153.10	170.02	145.20	151.97
Days Payable Outstanding (DPO)	96.33	127.44	125.35	131.73	129.86	122.50	114.54	119.20	81.85	84.41
Cash Conversion Cycle (CCC)	350.25	331.31	212.87	211.66	198.02	198.27	216.89	320.19	318.09	320.61
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	7,491	8,069	6,088	5,790	5,680	5,480	5,259	5,602	2,730	3,976
Invested Capital Turnover	0.55	0.63	0.98	0.88	0.83	0.86	0.79	0.61	0.76	0.76
Increase / (Decrease) in Invested Capital	-578	1,980	298	110	200	222	-344	2,872	-1,246	1,375
Enterprise Value (EV)	9,072	11,212	17,386	15,832	16,555	14,730	11,545	14,153	8,493	6,625
Market Capitalization	6,068	7,555	14,675	13,167	13,837	11,782	8,898	11,226	6,630	4,514
Book Value per Share	$35.95	$35.36	$26.82	$24.65	$22.83	$19.54	$23.18	$19.97	$14.63	$13.96
Tangible Book Value per Share	$4.96	$2.82	($5.71)	($6.79)	($8.73)	($12.07)	($7.80)	($8.56)	$5.52	$1.89
Total Capital	7,874	8,391	6,675	6,316	6,252	5,820	5,903	5,893	3,886	4,057
Total Debt	3,365	3,958	3,274	3,173	3,268	3,259	2,693	3,186	1,893	2,149
Total Long-Term Debt	3,028	3,024	2,733	2,732	2,930	3,031	2,145	2,993	1,799	2,036
Net Debt	2,982	3,635	2,688	2,647	2,696	2,919	2,558	2,901	1,828	2,068
Capital Expenditures (CapEx)	68	128	92	113	114	142	132	1,250	91	53
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,919	2,376	1,608	1,458	1,316	1,240	1,450	1,353	1,441	1,553
Debt-free Net Working Capital (DFNWC)	2,277	2,679	2,180	1,974	1,885	1,579	1,585	1,636	1,505	1,631
Net Working Capital (NWC)	1,939	1,745	1,639	1,534	1,547	1,351	1,037	1,443	1,411	1,519
Net Nonoperating Expense (NNE)	468	1,306	234	191	160	202	143	-1,294	-36	-601
Net Nonoperating Obligations (NNO)	2,982	3,635	2,688	2,647	2,696	2,919	2,048	2,895	737	2,068
Total Depreciation and Amortization (D&A)	176	184	169	171	163	150	150	98	101	77
Debt-free, Cash-free Net Working Capital to Revenue	45.20%	52.96%	27.71%	28.89%	28.35%	26.89%	33.84%	53.45%	56.76%	62.33%
Debt-free Net Working Capital to Revenue	53.61%	59.70%	37.57%	39.13%	40.60%	34.24%	36.98%	64.63%	59.29%	65.48%
Net Working Capital to Revenue	45.67%	38.88%	28.25%	30.40%	33.32%	29.31%	24.19%	57.02%	55.58%	60.96%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.73	$10.55	$0.00	$5.72	$4.24	$3.64	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	124.84M	124.76M	0.00	125.70M	129.35M	129.12M	0.00	0.00	0.00	0.00
Adjusted Diluted Earnings per Share	$2.72	$10.53	$0.00	$5.70	$4.22	$3.62	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	124.84M	124.76M	0.00	125.70M	129.35M	129.12M	0.00	0.00	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	124.84M	124.76M	0.00	125.70M	129.35M	129.12M	0.00	0.00	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	508	538	1,055	1,025	816	824	709	162	244	2.66
Normalized NOPAT Margin	11.97%	11.98%	18.18%	20.31%	17.58%	17.87%	16.54%	6.41%	9.63%	0.11%
Pre Tax Income Margin	5.95%	6.69%	16.96%	17.80%	15.75%	14.21%	14.20%	3.78%	7.12%	-8.33%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.15	2.34	7.54	7.89	5.93	5.07	5.51	2.19	3.83	-2.36
NOPAT to Interest Expense	3.43	11.08	6.43	7.08	4.70	4.25	4.87	-2.75	2.77	-1.65
EBIT Less CapEx to Interest Expense	1.86	1.80	6.93	7.03	5.17	4.19	4.53	-13.44	2.39	-3.21
NOPAT Less CapEx to Interest Expense	3.14	10.54	5.82	6.22	3.95	3.37	3.89	-18.38	1.33	-2.51
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	85.28%	22.04%	36.14%	33.54%	43.01%	43.79%	17.44%	-8.31%	51.30%	17.33%
Augmented Payout Ratio	85.28%	28.18%	50.83%	88.89%	52.08%	127.09%	56.54%	-8.31%	56.59%	17.33%

This table displays calculated financial ratios and metrics derived from FMC's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-13.79%	6.82%	8.50%	2.36%	-31.71%	-29.34%	-28.70%	-30.15%	-0.48%	14.74%	15.34%
EBITDA Growth	-14.87%	333.91%	22.13%	-40.88%	-65.72%	-85.36%	-41.90%	-35.31%	1.01%	40.21%	-2.74%
EBIT Growth	-21.35%	1,196.13%	34.52%	-52.87%	-75.70%	-95.41%	-52.14%	-43.96%	0.40%	46.38%	-2.36%
NOPAT Growth	-217.48%	207.73%	758.37%	-61.38%	-65.79%	-96.67%	-91.28%	-33.69%	-0.58%	52.39%	-18.86%
Net Income Growth	-403.23%	-101.47%	1,872.97%	811.11%	-101.58%	291.01%	-103.13%	-75.30%	-7.42%	48.75%	-27.07%
EPS Growth	-500.00%	-101.48%	1,833.33%	879.17%	-101.29%	306.02%	-103.16%	-77.36%	-5.49%	41.18%	-23.39%
Operating Cash Flow Growth	-239.60%	36.44%	109.19%	151.54%	80.97%	-52.66%	-83.01%	-28.67%	-44.51%	7.42%	25.72%
Free Cash Flow Firm Growth	105.78%	131.34%	-52.95%	-94.95%	-105.73%	-2,486.46%	-465.23%	-2,062.22%	-5,987.21%	-40.93%	-2,678.23%
Invested Capital Growth	-1.91%	-7.16%	16.52%	16.41%	14.39%	32.53%	10.94%	10.73%	11.04%	5.15%	4.71%
Revenue Q/Q Growth	-35.36%	14.91%	2.60%	13.12%	-19.90%	16.72%	-3.21%	-24.53%	-17.12%	17.78%	-5.17%
EBITDA Q/Q Growth	-63.31%	55.31%	67.73%	-10.94%	87.03%	-56.28%	-18.80%	-48.37%	-20.15%	73.53%	-9.58%
EBIT Q/Q Growth	-75.19%	73.01%	117.66%	-15.81%	308.84%	-82.04%	-23.75%	-56.58%	-22.81%	87.32%	-10.72%
NOPAT Q/Q Growth	-361.98%	-68.65%	185.21%	-49.84%	586.27%	-12.56%	-87.17%	-55.57%	-33.24%	129.13%	-2.45%
Net Income Q/Q Growth	3.11%	-124.54%	-77.78%	9,622.58%	-100.28%	29,732.43%	-111.42%	-83.46%	-30.14%	137.02%	-9.83%
EPS Q/Q Growth	7.69%	-125.00%	-77.87%	11,850.00%	-100.23%	29,333.33%	-112.50%	-84.52%	-28.24%	127.37%	-10.38%
Operating Cash Flow Q/Q Growth	-239.75%	182.93%	-52.10%	279.32%	-156.15%	333.78%	-42.41%	113.57%	-239.68%	55.64%	141.87%
Free Cash Flow Firm Q/Q Growth	-91.10%	158.91%	6.66%	-18.19%	51.78%	-187.55%	-18.97%	-24.72%	-659.30%	168.11%	-355.12%
Invested Capital Q/Q Growth	7.78%	-9.29%	-0.09%	0.42%	2.01%	13.85%	-0.19%	-1.31%	18.18%	-4.69%	-0.38%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.02%	42.86%	36.27%	38.34%	37.00%	38.02%	38.82%	42.66%	43.24%	42.27%	34.67%
EBITDA Margin	12.88%	22.68%	16.78%	10.27%	13.04%	5.58%	14.91%	17.77%	25.98%	26.96%	18.30%
Operating Margin	7.35%	19.16%	12.73%	6.00%	8.06%	1.58%	10.27%	13.03%	22.65%	24.32%	15.29%
EBIT Margin	7.35%	19.16%	12.73%	6.00%	8.06%	1.58%	10.27%	13.03%	22.65%	24.32%	15.29%
Profit (Net Income) Margin	-1.97%	-1.32%	6.16%	28.43%	-0.34%	95.66%	-0.38%	3.19%	14.57%	17.29%	8.59%
Tax Burden Percent	-318.37%	-9.07%	90.48%	-5,367.27%	-38.75%	-2,526.27%	-11.56%	51.35%	78.83%	80.67%	69.38%
Interest Burden Percent	8.42%	75.66%	53.47%	-8.83%	10.81%	-239.78%	31.75%	47.73%	81.61%	88.11%	80.96%
Effective Tax Rate	275.51%	83.38%	8.28%	0.00%	-17.50%	0.00%	85.63%	14.58%	16.54%	3.51%	21.11%
Return on Invested Capital (ROIC)	-6.52%	1.74%	6.34%	2.23%	4.99%	0.70%	1.09%	8.83%	16.03%	22.93%	10.81%
ROIC Less NNEP Spread (ROIC-NNEP)	-4.23%	0.07%	4.75%	9.03%	2.62%	34.98%	0.56%	6.53%	14.38%	19.17%	9.27%
Return on Net Nonoperating Assets (RNNOA)	-3.66%	0.05%	4.43%	8.40%	2.54%	28.23%	0.60%	7.03%	15.52%	15.62%	9.22%
Return on Equity (ROE)	-10.18%	1.79%	10.77%	10.63%	7.53%	28.93%	1.69%	15.86%	31.55%	38.55%	20.03%
Cash Return on Invested Capital (CROIC)	11.23%	17.83%	167.44%	-12.84%	72.81%	9.14%	1.66%	3.40%	3.79%	11.40%	8.92%
Operating Return on Assets (OROA)	2.55%	6.90%	4.58%	2.04%	2.76%	0.61%	4.69%	6.07%	11.60%	12.92%	8.08%
Return on Assets (ROA)	-0.68%	-0.47%	2.21%	9.64%	-0.12%	37.17%	-0.17%	1.49%	7.46%	9.18%	4.54%
Return on Common Equity (ROCE)	-10.12%	1.78%	10.71%	10.57%	7.48%	28.76%	1.68%	15.76%	31.32%	38.30%	19.90%
Return on Equity Simple (ROE_SIMPLE)	7.51%	0.00%	31.56%	30.37%	26.02%	0.00%	15.35%	18.70%	20.91%	0.00%	20.38%
Net Operating Profit after Tax (NOPAT)	-102	39	124	44	87	13	14	113	254	381	166
NOPAT Margin	-12.91%	3.18%	11.67%	4.20%	9.47%	1.11%	1.48%	11.13%	18.90%	23.47%	12.06%
Net Nonoperating Expense Percent (NNEP)	-2.29%	1.66%	1.59%	-6.79%	2.37%	-34.28%	0.52%	2.30%	1.64%	3.76%	1.54%
Return On Investment Capital (ROIC_SIMPLE)	-1.21%	0.50%	-	-	-	0.15%	-	-	-	5.70%	-
Cost of Revenue to Revenue	59.98%	57.14%	63.73%	61.66%	63.00%	61.98%	61.18%	57.34%	56.76%	57.73%	65.33%
SG&A Expenses to Revenue	21.73%	12.80%	14.94%	15.87%	17.85%	14.96%	17.45%	20.27%	13.83%	13.10%	13.03%
R&D to Revenue	8.68%	5.90%	6.48%	7.31%	6.63%	7.14%	8.24%	8.64%	5.83%	5.20%	5.70%
Operating Expenses to Revenue	32.66%	23.70%	23.54%	32.34%	28.94%	36.44%	28.56%	29.63%	20.59%	17.95%	19.38%
Earnings before Interest and Taxes (EBIT)	58	235	136	62	74	18	101	132	305	395	211
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	102	278	179	107	120	64	146	180	349	437	252
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.20	1.35	1.79	1.58	1.84	1.71	2.44	3.75	4.26	4.34	4.00
Price to Tangible Book Value (P/TBV)	10.53	9.79	12.32	11.28	27.34	21.45	0.00	0.00	0.00	0.00	0.00
Price to Revenue (P/Rev)	1.28	1.43	1.97	1.76	1.96	1.68	1.62	2.35	2.55	2.53	2.28
Price to Earnings (P/E)	16.04	17.79	5.65	5.18	7.08	5.72	16.19	20.22	20.39	19.93	19.42
Dividend Yield	5.50%	4.77%	3.52%	4.03%	3.64%	3.83%	3.60%	2.26%	1.88%	1.86%	2.09%
Earnings Yield	6.23%	5.62%	17.69%	19.31%	14.13%	17.49%	6.18%	4.95%	4.90%	5.02%	5.15%
Enterprise Value to Invested Capital (EV/IC)	1.11	1.21	1.44	1.32	1.44	1.39	1.67	2.30	2.57	2.86	2.50
Enterprise Value to Revenue (EV/Rev)	2.17	2.14	2.85	2.67	2.92	2.50	2.39	3.04	3.19	3.00	2.85
Enterprise Value to EBITDA (EV/EBITDA)	13.47	13.29	25.33	24.94	23.25	15.15	10.64	13.39	14.05	13.23	13.43
Enterprise Value to EBIT (EV/EBIT)	18.26	17.91	40.97	42.67	36.50	20.18	12.71	15.66	16.16	15.19	15.66
Enterprise Value to NOPAT (EV/NOPAT)	11.81	11.21	0.85	60.96	1.78	4.27	14.61	17.77	19.00	17.82	18.90
Enterprise Value to Operating Cash Flow (EV/OCF)	32.32	13.52	21.05	22.19	37.90	0.00	0.00	60.60	58.52	29.85	29.57
Enterprise Value to Free Cash Flow (EV/FCFF)	9.79	6.54	0.92	0.00	2.11	17.34	105.75	70.92	71.47	25.67	28.65
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.91	0.75	0.88	0.91	1.00	0.89	1.24	1.39	1.21	0.96	1.11
Long-Term Debt to Equity	0.69	0.67	0.65	0.66	0.70	0.68	0.91	0.89	0.67	0.80	0.85
Financial Leverage	0.86	0.74	0.93	0.93	0.97	0.81	1.07	1.08	1.08	0.82	0.99
Leverage Ratio	2.72	2.64	2.92	3.03	3.03	2.95	3.33	3.54	3.44	3.34	3.38
Compound Leverage Factor	0.23	2.00	1.56	-0.27	0.33	-7.07	1.06	1.69	2.81	2.94	2.74
Debt to Total Capital	47.58%	42.74%	46.78%	47.71%	50.02%	47.16%	55.39%	58.10%	54.66%	49.05%	52.63%
Short-Term Debt to Total Capital	11.60%	4.28%	11.99%	13.17%	15.12%	11.13%	14.71%	20.60%	24.37%	8.10%	12.22%
Long-Term Debt to Total Capital	35.98%	38.45%	34.79%	34.54%	34.89%	36.03%	40.68%	37.49%	30.28%	40.95%	40.41%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.35%	0.27%	0.26%	0.24%	0.25%	0.27%	0.32%	0.30%	0.31%	0.34%	0.23%
Common Equity to Total Capital	52.07%	56.99%	52.96%	52.05%	49.74%	52.57%	44.29%	41.60%	45.03%	50.61%	47.15%
Debt to EBITDA	6.02	4.93	8.68	9.57	8.49	5.35	3.70	3.84	3.20	2.49	2.99
Net Debt to EBITDA	5.51	4.37	7.73	8.44	7.64	4.91	3.39	3.05	2.81	2.05	2.68
Long-Term Debt to EBITDA	4.55	4.43	6.45	6.93	5.93	4.09	2.72	2.48	1.77	2.08	2.30
Debt to NOPAT	5.28	4.16	0.29	23.39	0.65	1.51	5.08	5.10	4.32	3.36	4.21
Net Debt to NOPAT	4.83	3.69	0.26	20.63	0.59	1.38	4.65	4.06	3.80	2.76	3.77
Long-Term Debt to NOPAT	3.99	3.74	0.22	16.94	0.45	1.15	3.73	3.29	2.40	2.80	3.24
Altman Z-Score	1.75	1.94	1.97	1.87	1.91	1.93	2.03	2.22	2.47	2.64	2.46
Noncontrolling Interest Sharing Ratio	0.58%	0.49%	0.58%	0.57%	0.58%	0.58%	0.60%	0.66%	0.71%	0.65%	0.65%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.54	1.64	1.48	1.48	1.46	1.52	1.54	1.44	1.29	1.43	1.41
Quick Ratio	0.97	1.08	0.92	0.90	0.91	0.89	0.84	0.86	0.79	0.91	0.82
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	55	617	-1,047	-1,121	-949	-1,968	-684	-575	-461	82	-121
Operating Cash Flow to CapEx	-1,766.77%	1,849.54%	899.36%	2,977.78%	-794.20%	1,166.53%	204.55%	405.54%	-1,842.00%	0.00%	1,145.25%
Free Cash Flow to Firm to Interest Expense	1.09	11.90	-17.83	-17.63	-15.38	-37.77	-10.59	-8.32	-8.97	1.84	-2.90
Operating Cash Flow to Interest Expense	-11.14	7.71	2.41	4.64	-2.66	5.62	1.04	1.70	-16.81	13.81	9.51
Operating Cash Flow Less CapEx to Interest Expense	-11.77	7.30	2.14	4.48	-3.00	5.14	0.53	1.28	-17.72	14.18	8.68
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.36	0.36	0.34	0.34	0.39	0.46	0.47	0.51	0.53	0.53
Accounts Receivable Turnover	1.44	1.51	1.53	1.49	1.35	1.61	1.92	1.89	1.91	2.13	2.19
Inventory Turnover	1.68	1.78	1.54	1.44	1.41	1.57	1.55	1.74	1.98	2.19	2.10
Fixed Asset Turnover	4.75	4.87	4.79	4.72	4.67	5.15	5.97	6.43	6.95	6.96	7.12
Accounts Payable Turnover	3.59	3.79	3.56	2.92	2.79	2.86	3.37	2.95	3.09	2.91	3.12
Days Sales Outstanding (DSO)	253.32	240.97	238.86	245.09	270.57	226.75	189.92	193.06	191.16	171.58	166.50
Days Inventory Outstanding (DIO)	216.74	205.62	237.27	253.03	258.34	232.00	236.22	210.15	184.67	166.64	173.50
Days Payable Outstanding (DPO)	101.81	96.33	102.54	124.81	130.88	127.44	108.18	123.64	118.15	125.35	117.07
Cash Conversion Cycle (CCC)	368.25	350.25	373.59	373.31	398.03	331.31	317.96	279.57	257.68	212.87	222.93
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	8,074	7,491	8,258	8,266	8,231	8,069	7,087	7,101	7,195	6,088	6,388
Invested Capital Turnover	0.51	0.55	0.54	0.53	0.53	0.63	0.74	0.79	0.85	0.98	0.90
Increase / (Decrease) in Invested Capital	-157	-578	1,171	1,165	1,036	1,980	699	688	715	298	287
Enterprise Value (EV)	8,959	9,072	11,881	10,889	11,866	11,212	11,842	16,314	18,509	17,386	15,962
Market Capitalization	5,267	6,068	8,231	7,183	7,947	7,555	8,046	12,566	14,785	14,675	12,761
Book Value per Share	$35.10	$35.95	$36.91	$36.53	$34.54	$35.36	$26.38	$26.82	$27.74	$26.82	$25.31
Tangible Book Value per Share	$4.01	$4.96	$5.35	$5.10	$2.33	$2.82	($5.99)	($5.82)	($4.97)	($5.71)	($6.82)
Total Capital	8,415	7,874	8,700	8,760	8,669	8,391	7,430	8,060	7,707	6,675	6,762
Total Debt	4,004	3,365	4,070	4,179	4,336	3,958	4,116	4,683	4,213	3,274	3,559
Total Long-Term Debt	3,028	3,028	3,027	3,026	3,025	3,024	3,023	3,022	2,334	2,733	2,733
Net Debt	3,662	2,982	3,628	3,685	3,898	3,635	3,773	3,723	3,701	2,688	3,185
Capital Expenditures (CapEx)	32	22	16	9.90	21	25	33	29	47	-17	35
Debt-free, Cash-free Net Working Capital (DFCFNWC)	2,433	1,919	2,354	2,369	2,538	2,376	2,645	2,633	2,738	1,608	1,941
Debt-free Net Working Capital (DFNWC)	2,748	2,277	2,770	2,840	2,956	2,679	2,969	3,575	3,232	2,180	2,305
Net Working Capital (NWC)	1,772	1,939	1,727	1,687	1,645	1,745	1,876	1,914	1,354	1,639	1,478
Net Nonoperating Expense (NNE)	-87	55	59	-252	90	-1,084	18	81	58	100	48
Net Nonoperating Obligations (NNO)	3,662	2,982	3,628	3,685	3,898	3,635	3,773	3,723	3,701	2,688	3,185
Total Depreciation and Amortization (D&A)	44	43	43	44	46	46	46	48	45	43	41
Debt-free, Cash-free Net Working Capital to Revenue	59.06%	45.20%	56.47%	58.00%	62.51%	52.96%	53.29%	49.14%	47.24%	27.71%	34.70%
Debt-free Net Working Capital to Revenue	66.71%	53.61%	66.47%	69.54%	72.80%	59.70%	59.82%	66.72%	55.77%	37.57%	41.20%
Net Working Capital to Revenue	43.02%	45.67%	41.44%	41.31%	40.51%	38.88%	37.80%	35.72%	23.35%	28.25%	26.43%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	($0.12)	($0.12)	$0.52	$2.35	($0.02)	$8.78	($0.03)	$0.24	$1.56	$2.16	$0.96
Adjusted Weighted Average Basic Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M
Adjusted Diluted Earnings per Share	($0.12)	($0.13)	$0.52	$2.35	($0.02)	$8.77	($0.03)	$0.24	$1.55	$2.16	$0.95
Adjusted Weighted Average Diluted Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	124.91M	124.84M	124.84M	124.82M	124.82M	124.76M	124.76M	124.73M	125.04M	125.11M	125.97M
Normalized Net Operating Profit after Tax (NOPAT)	53	207	145	110	80	128	90	119	265	375	173
Normalized NOPAT Margin	6.72%	16.91%	13.62%	10.61%	8.76%	11.14%	9.20%	11.75%	19.68%	23.12%	12.58%
Pre Tax Income Margin	0.62%	14.50%	6.81%	-0.53%	0.87%	-3.79%	3.26%	6.22%	18.49%	21.43%	12.38%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	1.16	4.53	2.31	0.98	1.20	0.35	1.56	1.91	5.92	8.81	5.04
NOPAT to Interest Expense	-2.04	0.75	2.12	0.69	1.41	0.24	0.22	1.63	4.94	8.50	3.97
EBIT Less CapEx to Interest Expense	0.53	4.11	2.04	0.82	0.86	-0.13	1.05	1.49	5.01	9.18	4.21
NOPAT Less CapEx to Interest Expense	-2.67	0.34	1.85	0.53	1.07	-0.24	-0.29	1.22	4.03	8.87	3.14
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	90.88%	85.28%	20.03%	21.01%	25.93%	22.04%	56.61%	44.61%	37.74%	36.14%	40.27%
Augmented Payout Ratio	90.79%	85.28%	20.18%	21.14%	30.58%	28.18%	92.50%	73.56%	55.79%	50.83%	57.04%

Frequently Asked Questions About FMC's Financials

When does FMC's financial year end?

According to the most recent income statement we have on file, FMC's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has FMC's net income changed over the last 9 years?

FMC's net income appears to be on an upward trend, with a most recent value of $341.60 million in 2024, falling from $498.50 million in 2015. The previous period was $1.32 billion in 2023. Check out FMC's forecast to explore projected trends and price targets.

What is FMC's operating income?

FMC's total operating income in 2024 was $506.50 million, based on the following breakdown:

Total Gross Profit: $1.65 billion
Total Operating Expenses: $1.14 billion

How has FMC revenue changed over the last 9 years?

Over the last 9 years, FMC's total revenue changed from $2.49 billion in 2015 to $4.25 billion in 2024, a change of 70.5%.

How much debt does FMC have?

FMC's total liabilities were at $7.14 billion at the end of 2024, a 4.6% decrease from 2023, and a 61.7% increase since 2015.

How much cash does FMC have?

In the past 9 years, FMC's cash and equivalents has ranged from $64.20 million in 2016 to $572 million in 2022, and is currently $357.30 million as of their latest financial filing in 2024.

How has FMC's book value per share changed over the last 9 years?

Over the last 9 years, FMC's book value per share changed from 13.96 in 2015 to 35.95 in 2024, a change of 157.5%.

Related Companies

This page (NYSE:FMC) was last updated on 5/29/2025 by MarketBeat.com Staff

From Our Partners

Get 30 Days of MarketBeat All Access for Free

Start Your 30-Day Trial

In-depth profiles and analysis for 20,000 public companies.
Real-time analyst ratings, insider transactions, earnings data, and more.
Our daily ratings and market update email newsletter.

Sign In
Create Account

Your Email Address:

Your Password:

Forgot your password?

Your Email Address:

Choose a Password:

By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

FMC (FMC) Financials

Frequently Asked Questions About FMC's Financials

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools

About MarketBeat

MarketBeat Products

Popular Tools

Financial Calendars

Terms & Info

FMC (FMC) Financials

Annual Income Statements for FMC

Quarterly Income Statements for FMC

Annual Cash Flow Statements for FMC

Quarterly Cash Flow Statements for FMC

Annual Balance Sheets for FMC

Quarterly Balance Sheets for FMC

Annual Metrics And Ratios for FMC

Quarterly Metrics And Ratios for FMC

Frequently Asked Questions About FMC's Financials

MarketBeat All Access Features

Best-in-Class Portfolio Monitoring

Stock Ideas and Recommendations

Advanced Stock Screeners and Research Tools