FMCNYSEChemicals & Allied ProductsUS GAAP · USD

FMC Corporation

FMC Corp is a U.S.-based agricultural sciences company that develops and sells crop protection and plant health products for farmers worldwide. Its portfolio spans insecticides, herbicides, fungicides, biologicals, crop nutrition, and seed treatment products designed to improve yields, resilience, and sustainability in field crops and specialty agriculture.

Kysy yhtiöstä
Liikevaihto3 467milj. USD
−18,3 %v/v
Liikevoitto (EBIT)−1 628milj. USD
−421,5 %v/v
EBIT-marginaali−47,0%
−58,9 %-yks.v/v
Nettotulos−2 239milj. USD
−756,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2 00002 0004 0006 000milj. USD2020: 4 642 milj. USD2020: EBIT 897 milj. USD20202021: 5 045 milj. USD2021: EBIT 1 035 milj. USD20212022: EBIT 395 milj. USD20222023: 4 487 milj. USD2023: EBIT 556 milj. USD20232024: 4 246 milj. USD2024: EBIT 507 milj. USD20242025: 3 467 milj. USD2025: EBIT −1 628 milj. USD20253 467−1 628
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: FMC Corporation

Liiketoiminta

Osuus liikevaihdosta
Crop protection chemicals70 %

Core insecticide, herbicide, and fungicide products sold to protect crop yields and quality.

Plant health biologicals10 %

Biological crop protection and crop nutrition products that complement chemical solutions.

Seed treatment10 %

Seed-applied products that protect seedlings and improve early crop establishment.

Formulations and active ingredients10 %

Proprietary active ingredients, formulations, and technologies used across FMC's portfolio.

Tuotteet

Raportoitu · osuus liikevaihdosta
45,4%36,0%10,5%FY2025100 %
  • Insecticides45,4 %
  • Herbicides36,0 %
  • Fungicides10,5 %
  • Plant Health5,5 %
  • Other2,7 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

FMC sells primarily to farmers, growers, and agricultural distributors that serve row crops, specialty crops, and other end markets. The company also relies on alliance partners, independent distributors, and sales representatives to reach end users, so channel inventory and purchasing patterns can materially affect demand. Its products are bought to protect crops, improve productivity, and reduce losses from pests, weeds, and disease.

Farmers and growers

Buy insecticides, herbicides, fungicides, and plant health products to improve crop productivity and resilience.

Agricultural distributors

Purchase FMC products for resale into local farming markets and to manage seasonal demand.

Alliance partners and channel partners

Help FMC access markets and extend reach where direct sales coverage is limited.

Specialty crop customers

Buy targeted crop protection and seed treatment solutions for higher-value crops with specific agronomic needs.

Strategia

FMC is reshaping its cost base and manufacturing footprint through Project Foundation, including exiting high-cost plants and shifting production to lower-cost sources. Management is also reducing Asia costs following the planned India divestiture, while emphasizing its innovation pipeline of new active ingredients and formulations as a way to defend share against generics. The board has also authorized exploration of strategic options, including a potential sale of the company, to unlock shareholder value.

Manufacturing footprint optimizationLyhyt aikaväli

Lower production costs and improve competitiveness versus generic crop protection products.

Portfolio and regional optimizationLyhyt aikaväli

Focus resources on higher-value markets and simplify the business after the India divestiture.

Innovation-led growthKeskipitkä aikaväli

New active ingredients and formulations support differentiation and pricing power.

Strategic reviewLyhyt aikaväli

A potential transaction could unlock value and reset the company’s capital allocation path.

Maantiede

FMC is a global business with sales and operations spread across North America, Europe, Latin America, and Asia-Pacific. The company notes that seasonality differs by hemisphere, with northern markets concentrated in March through September and southern markets in July through February, which drives quarterly volatility. It also disclosed a planned sale of its India commercial business, which reduces its Asia footprint and changes the regional mix.

Riskit

FMC faces cyclical agricultural demand, intense competition, and heavy exposure to channel inventory swings, all of which can amplify quarterly volatility. Its operations also depend on critical raw materials and contract manufacturing, much of it sourced outside the U.S., creating supply-chain, tariff, and geopolitical risk. The company is also executing major restructuring actions, so execution missteps, plant exits, or asset impairments could materially affect results.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Supply chain disruption and raw material dependence1Seasonal demand and channel inventory volatility2Restructuring execution risk3Impairment risk4Geopolitical and trade risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Supply chain disruption and raw material dependenceVaikutus: KorkeaTodennäköisyys: Korkea

    FMC relies on critical intermediates and finished products from suppliers largely outside the U.S., especially China and India.

    KohdistuuProduction continuitySales fulfillmentInput costs
  2. Seasonal demand and channel inventory volatilityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Agricultural purchasing is seasonal and distributors may delay or reduce orders, affecting volumes and working capital.

    Kohdistuu: Quarterly revenue and inventory levels

  3. Restructuring execution riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Project Foundation includes plant exits, production transfers, and Asia cost actions that may take longer or cost more than planned.

    KohdistuuMarginsSupply continuityEmployee retention
  4. Impairment riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Weak performance or stock-price declines can trigger goodwill or intangible asset write-downs.

    Kohdistuu: Reported earnings and equity

  5. Geopolitical and trade riskVaikutus: KeskitasoTodennäköisyys: Korkea

    Tariffs, export restrictions, and regional disruptions can raise costs or limit product movement.

    Kohdistuu: Cross-border sourcing and international sales

Kysy Clarifolta: FMC Corporation

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and trade receivables

Distributor buying patterns and credit risk affect when revenue is recognized and how much allowance is needed.

Vaikutus: Quarterly revenue and bad-debt expense

Goodwill and indefinite-lived asset impairment

Management tests these assets for recoverability and recorded a $1.356 billion goodwill write-off in 2025.

Vaikutus: Large non-cash charges and equity reduction

Restructuring charges

Project Foundation includes severance, asset write-offs, and accelerated depreciation tied to plant exits.

Vaikutus: Comparability of operating profit and cash flow

Environmental obligations and related recoveries

Chemical manufacturing can create remediation and compliance liabilities requiring estimates.

Vaikutus: Provisions, expense timing, and contingent liabilities

Pensions and other postretirement benefits

Benefit obligations depend on actuarial assumptions and market inputs.

Vaikutus: Operating expense and balance-sheet liabilities

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026