Also trades as: 0IK3.L (LSE) · $vol 0M

$4.71

+0.10 (+2.28%)

After Hours: $4.70 (-0.02, -0.42%)

Weekly Expected Move ±15.9%

$3 $4 $5 $6 $7

NYSE · Basic Materials · Agricultural Inputs · Tech Score Strong Sell · Power 28 · $576.7M mcap · 124M float · 3.92% daily turnover · Short 60% of daily vol

Credit Risk of going bust: higher than 94% of companies Debt: 88.1% of company value Bonds: $363.3M held by 353 funds, 291 bp over Treasuries → details ▾

Of US companies ranked in the riskiest tenth, about 1 in 20 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $2.11 (down 54%), FMC Corporation would be worth roughly what it owes.
Total debt $4.28B against a stock market value of $576.7M.
Distance to default 0.77 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $2.30B (short-term plus half of long-term), stock volatility 94.4%; Altman Z'' 2.76. A ranking and a back-test, not a forecast.
Bond figures are fund-reported marks (SEC N-PORT) as of Jul 2026. How these are computed.

Revenue Segmentation

By Product / Service

By Geography

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$3.5B -18.3% ▼

5Y CAGR: -5.7%

Gross Profit

$1.3B -18.7% ▼

5Y CAGR: -9.1%

Operating Income

-$1.9B -388.2% ▼

Net Income

-$2.2B -758.7% ▼

EPS (Diluted)

$-17.88 -757.4% ▼

EBITDA

-$85M -111.5% ▼

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$5.0B	$5.8B	$4.5B	$4.2B	$3.5B
YoY Growth	+8.7%	+15.0%	-22.7%	-5.4%	-18.3%
Cost of Revenue	$2.9B	$3.4B	$2.6B	$2.7B	$2.2B
Gross Profit	$2.2B	$2.4B	$1.9B	$1.6B	$1.3B
Gross Margin	43.3%	41.1%	42.5%	37.1%	37.0%
R&D Expenses	$305M	$314M	$329M	$278M	$266M
SG&A Expenses	$715M	$782M	$742M	$645M	$685M
Operating Expenses	$1.0B	$1.1B	$1.1B	$923M	$3.2B
Operating Income	$1.2B	$1.3B	$838M	$655M	-$1.9B
Operating Margin	23.1%	22.2%	18.7%	15.4%	-54.4%
Interest Expense	$131M	$152M	$237M	$236M	$1.6B
Income Before Tax	$898M	$984M	$300M	$252M	-$1.9B
Tax Expense	$92M	$145M	-$1.1B	-$151M	$352M
Net Income	$740M	$736M	$1.3B	$340M	-$2.2B
Net Margin	14.7%	12.7%	29.4%	8.0%	-64.6%
EPS (Diluted)	$5.71	$5.80	$10.51	$2.72	$-17.88
EBITDA	$1.2B	$1.3B	$786M	$737M	-$85M
Shares Outstanding	129M	127M	126M	125M	125M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$1.1B	$1.2B	$791M	$1.1B	$489M	$1.1B	$759M	$867M
Cost of Revenue	$681M	$713M	$474M	$643M	$413M	$654M	$512M	$525M
Gross Profit	$384M	$511M	$317M	$407M	$76M	$483M	$247M	$342M
Gross Margin	36.1%	41.7%	40.1%	38.8%	15.5%	42.5%	32.5%	39.5%
R&D Expenses	$69M	$72M	$69M	$66M	$63M	$68M	$66M	$60M
SG&A Expenses	$159M	$157M	$172M	$177M	$167M	$169M	$185M	$179M
Operating Expenses	$228M	$229M	$241M	$243M	$543M	$2.1B	$328M	$462M
Operating Income	$156M	$282M	$76M	$164M	-$467M	-$1.7B	-$81M	-$120M
Operating Margin	14.7%	23.0%	9.6%	15.6%	-95.6%	-146.0%	-10.7%	-13.8%
Interest Expense	$59M	$52M	$50M	$60M	$64M	$1.5B	$65M	$71M
Income Before Tax	$72M	$178M	$5M	$59M	-$466M	-$1.5B	-$149M	-$194M
Tax Expense	$6M	$148M	$14M	$14M	$82M	$242M	$112M	-$2M
Net Income	$65M	-$17M	-$16M	$67M	-$569M	-$1.7B	-$281M	-$187M
Net Margin	6.1%	-1.4%	-2.0%	6.3%	-116.4%	-151.4%	-37.1%	-21.5%
EPS (Diluted)	$0.52	$-0.13	$-0.12	$0.53	$-4.52	$-13.77	$-2.25	$-1.48
EBITDA	$179M	$333M	$102M	$170M	-$350M	-$7M	-$42M	-$82M
Shares Outstanding	126M	126M	125M	126M	125M	125M	125M	125M

FMC NYSE