analyzeportfolio
NYSE · Materials

Fmc Corp. (FMC)

As-reported financials and SEC filings for Fmc Corp. The latest annual period is FY2025. The latest reported quarter is Q2 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Fmc Corp.

FMC Corporation is a global agricultural sciences company that develops, markets, and sells crop protection chemicals including insecticides, herbicides, fungicides, as well as biologicals, crop nutrition, and seed treatment products. Its products help farmers protect crops such as soybean, corn, fruits, vegetables, cotton, sugarcane, rice, and cereals from pests, weeds, and diseases. FMC serves agricultural markets worldwide through a combination of direct sales, distributors, retailers, and cooperatives.

Snapshot

Revenue
$3.47B
Revenue growth (YoY)
-18.3%
Net income
$-2.24B
Diluted EPS
$-17.88
Gross margin
37.0%
Operating margin
-47.0%
Net margin
-64.6%
FCF margin
-3.0%
ROE
-106.7%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$717.1M
Long-term debt / equity
1.32×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended December 31, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Fmc

  • Revenue fell 18.3% to $3.5B in FY2025, after a 5.4% decline the year before.
  • Operating margin is now a 47.0% loss in FY2025, from 20.5% in FY2021.
  • Most recent quarter Q2 FY2026: revenue $867M, down 17.5% from Q2 FY2025.
  • Free cash flow was negative $103M in FY2025.
  • Net income turned to a $2.2B loss in FY2025, from a $341M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Fmc’s fundamentals sit among the 224 Materials companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Gross margin37.0%
77th percentile of 177
Operating margin-47.0%
3rd percentile of 174
Net margin-64.6%
2nd percentile of 206
FCF margin-3.0%
21st percentile of 191
Revenue growth (YoY)-18.3%
8th percentile of 219
ROE-106.7%
7th percentile of 199
Long-term debt / equity1.32×
79th percentile of 156
Short interest4.06d
42nd percentile of 220

Fmc’s net margin of -64.6% ranks in the 2nd percentile of the 206 Materials companies reporting it. Fmc’s operating margin of -47.0% ranks in the 3rd percentile of the 174 Materials companies reporting it. Fmc’s return on equity of -106.7% ranks in the 7th percentile of the 199 Materials companies reporting it.

No reported insider purchases (code P) in the last 90 days; 1 insider sale totaling $15,982. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
3
0 new, 3 added
Reduced / exited
6
5 trimmed, 1 exited
Combined position
$207.0M
reported long value
InvestorAs ofPosition valueSharesChange
AQR Capital ManagementquantQ2 2026$91.1M8.0MReduced
D. E. ShawquantQ2 2026$56.5M4.9MReduced
Two Sigma InvestmentsquantQ2 2026$32.5M2.8MAdded
Millennium ManagementquantQ2 2026$12.6M1.1MReduced
Point72 Asset ManagementquantQ2 2026$7.3M637.1KAdded
Citadel AdvisorsquantQ2 2026$5.9M515.4KAdded
Bridgewater AssociatesQ2 2026$759,19666.0KReduced
Gotham Asset ManagementQ2 2026$266,50123.2KReduced

No longer held by: Renaissance Technologies (as of Q2 2026)

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
1
$16K
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-09
filed 2026-09-10
Nicholas PfeifferCorporate ControllerSell1.3K$12.78$16K

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
30.5M
settled 2026-10-15
Change vs prior
+5.0%
vs previous settlement
Days to cover
4.06
at avg daily volume
Avg daily volume
7.5M
FINRA reported
SettlementShares shortChangeDays to cover
2026-10-1530.5M+5.0%4.06
2026-09-3029.0M+8.5%6.47
2026-09-1526.7M-9.5%8.08
2026-08-3129.6M-0.4%11.53
2026-08-1429.7M+11.1%9.10
2026-07-3126.7M-1.6%6.41
2026-07-1527.2M+4.3%6.04
2026-06-3026.0M+33.6%4.34

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.47B$4.25B$4.49B$5.80B$5.05B
Gross profit
Operating income$-1.63B$506.5M$555.6M$1.14B$1.03B
Pre-tax income$-1.89B$252.5M$300.2M$983.9M$897.8M
Net income$-2.24B$341.1M$1.32B$736.5M$739.6M
Diluted EPS$-17.88$2.72$10.53$5.81$5.73

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$584.5M$357.3M$302.4M$572.0M$516.8M
Current assets$4.96B$4.96B$5.13B$5.44B$5.05B
Total assets$9.69B$11.65B$11.93B$11.17B$10.67B
Current liabilities$3.76B$3.02B$3.38B$3.80B$3.52B
Long-term debt$2.77B$3.03B$3.02B$2.73B$2.73B
Total liabilities
Total equity$2.10B$4.51B$4.43B$3.40B$3.14B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$-6.2M$736.7M$-300.3M$660.0M$898.6M
Capital expenditure$96.3M$67.9M$133.9M$142.3M$100.1M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures (free cash flow is operating cash flow minus capital expenditures, which can differ from a company’s own definition); “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Diluted EPS includes discontinued operations where a company reports them. Cash & Equivalents excludes short-term investments and may include restricted cash where that is the figure the company tags. Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q2 FY2026$867.1M-17.5%$-186.6M$-1.49
Q1 FY2026$758.6M-4.1%$-281.3M$-2.25
Q4 FY2025-11.5%
Q3 FY2025$542.2M-49.1%$-569.3M$-4.52
Q2 FY2025$1.05B1.2%$66.7M$0.53
Q1 FY2025$791.4M-13.8%$-15.5M$-0.12
Q4 FY20246.8%
Q3 FY2024$1.07B8.5%$65.0M$0.52

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorMaterials
SIC industryChemicals & Allied Products
Latest annual periodFY2025 (ended December 31, 2025)
Latest reported quarterQ2 FY2026 (ended June 30, 2026)
Oldest indexed filing2017
SEC CIK37785

Selected SEC filings

10-Q2026-07-30
View on EDGAR →
10-Q2026-04-30
View on EDGAR →
8-K2026-10-21
View on EDGAR →
8-K2026-10-21
View on EDGAR →
8-K2026-10-15
View on EDGAR →
8-K2026-09-23
View on EDGAR →

Largest Materials peers

All Materials companies →

Monitor FMC

Get an alert when Fmc files something material, see which superinvestors own it, and ask its filings a question with cited answers.

Monitor FMC free

Includes one free filing-grounded research answer. Or check your whole portfolio, no account needed.

Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.