FMC Financials Fmc Corp

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 45 d ago Overview →

Growth & profitability

Revenue has declined 5.7% per year over the past 5 years.
Operating margin has contracted, at -47.0% in the latest year.

Financial health

Total debt ($4.1B) exceeds cash ($585M); net debt is $3.5B.
Total debt has grown faster than revenue (4.5% vs -5.7% per year).
Operating income covered interest expense -6.8× in the latest year.
The company is unprofitable; at its current free-cash-flow burn it has roughly 5.7 years of cash runway.

Shareholder returns

Dividends have been paid for 15 consecutive years.
The dividend has grown 5.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$3.5B	-$2.2B	37.0%	-47.0%	-108.1%	-23.1%	-$103M	$4.1B	$585M
2024	$4.2B	$341M	38.8%	11.9%	7.6%	2.9%	$669M	$3.4B	$357M
2023	$4.5B	$1.3B	40.8%	12.4%	30.0%	11.1%	-$434M	$4.0B	$302M
2022	$5.8B	$737M	40.1%	19.7%	21.8%	6.6%	$518M	$3.3B	$572M
2021	$5.0B	$740M	42.8%	20.5%	23.7%	6.9%	$799M	$3.2B	$517M
2020	$4.6B	$552M	44.1%	19.3%	18.7%	5.4%	$670M	$3.3B	$569M
2019	$4.6B	$477M	45.2%	17.8%	18.9%	4.8%	$462M	$3.3B	$339M
2018	$4.3B	$502M	43.9%	17.3%	16.1%	5.0%	$280M	$2.7B	$134M
2017	$2.5B	$536M	37.6%	6.3%	20.0%	5.8%	$194M	$3.2B	$282M
2016	$2.3B	$209M	37.0%	8.7%	10.7%	3.4%	$247M	$1.9B	$64M
2015	—	$489M	—	—	26.2%	7.7%	-$525M	$2.1B	$79M
2014	—	$308M	—	—	20.1%	5.8%	$103M	$1.7B	$110M
2013	—	$294M	—	—	19.3%	5.6%	$93M	$1.9B	$123M
2012	—	$416M	—	—	28.1%	9.5%	$245M	$964M	$77M
2011	—	$366M	—	—	29.5%	9.8%	$349M	$826M	$159M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$867M	-$187M	39.5%	-13.8%	-11.4%	-2.0%	$358M	$4.3B	$477M
Mar '26	$759M	-$281M	32.5%	-10.7%	-15.4%	-3.0%	-$618M	$4.5B	$391M
Dec '25	$1.1B	-$1.7B	39.8%	-130.8%	-83.1%	-17.8%	$631M	$4.1B	$585M
Sep '25	$542M	-$569M	23.8%	-73.1%	-15.1%	-4.7%	-$208M	$4.5B	$498M
Jun '25	$1.1B	$67M	38.7%	12.0%	1.5%	0.5%	$51M	$4.2B	$438M
Mar '25	$791M	-$16M	40.0%	7.4%	-0.4%	-0.1%	-$577M	$4.0B	$315M
Dec '24	$1.2B	-$16M	42.9%	19.2%	-0.4%	-0.1%	$406M	$3.4B	$357M
Sep '24	$1.1B	$65M	36.3%	12.7%	1.4%	0.5%	$144M	$4.1B	$417M
Jun '24	$1.0B	$295M	38.3%	6.0%	6.5%	2.4%	$282M	$4.2B	$472M
Mar '24	$918M	-$3M	37.0%	8.1%	-0.1%	-0.0%	-$164M	$4.3B	$418M
Dec '23	$1.1B	$1.1B	38.0%	1.6%	24.9%	9.2%	$293M	$4.0B	$302M
Sep '23	$982M	-$4M	38.8%	10.3%	-0.1%	-0.0%	$69M	$4.1B	$324M
Jun '23	$1.0B	$31M	42.7%	13.0%	0.9%	0.3%	$103M	$4.7B	$942M
Mar '23	$1.3B	$196M	43.2%	22.7%	5.6%	1.7%	-$898M	$4.2B	$494M
Dec '22	$1.6B	$274M	42.3%	24.3%	8.1%	2.5%	$610M	$3.3B	$572M
Sep '22	$1.4B	$121M	34.7%	15.3%	3.8%	1.1%	$383M	$3.6B	$364M
Jun '22	$1.5B	$134M	40.7%	16.2%	4.3%	1.2%	$173M	$3.9B	$592M
Mar '22	$1.4B	$207M	42.4%	22.5%	6.8%	1.9%	-$648M	$3.8B	$365M
Dec '21	$1.4B	$191M	43.0%	19.2%	6.1%	1.8%	$577M	$3.2B	$517M
Sep '21	$1.2B	$160M	42.8%	18.1%	5.3%	1.5%	$308M	$3.4B	$341M

Valuation over time

How the market has priced FMC against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has fallen from 20.8× (Mar '23) to 5.3× (Nov '25).
The price-to-sales ratio has fallen from 2.6× (Mar '23) to 0.5× (Sep '26).
The dividend yield has risen from 1.8% (Mar '23) to 17.9% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is FMC growing its revenue and profit?

Over the past 5 years, Fmc Corp's revenue has declined 5.7% per year. These are computed facts, not advice.

How much debt does FMC have?

As of FY2025, Fmc Corp reported $4.1B of total debt against $585M of cash; operating income covered interest expense -6.8×.

What is FMC's profit margin?

In FY2025, gross margin was 37.0%, operating margin -47.0%, and net margin -64.6%.

What is FMC's P/E ratio?

As of Sep '26, Fmc Corp traded at a price-to-earnings ratio of about 5.3× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.