FMC Corporation (FMC) AI Stock Analysis

FMC Corporation is an agricultural sciences firm headquartered in Philadelphia, Pennsylvania. Tracing its roots back to 1883, the company develops, markets, and distributes agricultural chemicals, including insecticides, herbicides, and fungicides. These crop protection products manage pests, weeds, and diseases to improve crop yield and quality. FMC Corporation also serves non-agricultural markets for professional pest and turf control. It distributes products globally across North America, Latin America, Europe, the Middle East, Africa, and Asia through direct sales, alliance partners, distributors, and sales representatives. In addition, the firm invests in biologicals, crop nutrition, and seed treatment technologies.

FMC generated $5.05B in revenue in FY2021 and peaked at $5.80B in FY2022 before declining to $4.49B in FY2023, $4.25B in FY2024, and $3.47B in FY2025, reflecting a 5-year revenue CAGR of -5.7%. In FY2025, revenue fell 18.3%, operating margin was -54.4%, and net income was -$2.24B compared to $341.1M in FY2024. For the trailing twelve months, revenue was $3.25B with an operating margin of 11.8% and a net profit margin of -84.8%. In the latest quarter ended June 30, 2026, quarterly revenue declined 17.5% year-over-year, while quarterly earnings dropped 77.6% year-over-year.

As of June 30, 2026, FMC held $476.6M in cash and short-term investments alongside total debt of $4.28B, resulting in net debt of $3.80B. Shareholders' equity was $1.64B against total assets of $9.14B, yielding a debt-to-equity ratio of 2.62 and a current ratio of 1.99. In FY2025, operating cash flow was -$80.2M and free cash flow was -$176.5M. Cash usage included capital expenditures of $96.3M, share buybacks of $1.8M, and dividends paid of $291.3M.

FMC trades at a forward P/E of 5.7x and an enterprise value to EBITDA of 10.8x, compared to the median of its US-listed Basic Materials peers at 13.4x forward P/E and 10.5x EV to EBITDA. Its price-to-sales ratio is 0.3x, below the peer median of 1.8x, while its price-to-book ratio is 0.8x. Over the past year, FMC shares fell 80.6%, whereas the S&P 500 benchmark returned 16.8%. Over five years, the stock dropped 92.8% compared to an 83.0% gain for the S&P 500.

FMC pays a quarterly dividend with an annualized forward payout of $0.32 per share, offering a dividend yield of 5.65%. The payout ratio is 15.1%, and the company has paid dividends for 21 consecutive years. Its 5-year annualized dividend growth rate is 0.2%, and its last ex-dividend date was September 30, 2026.

Wall Street coverage includes 4 Strong Buy ratings, 0 Buy ratings, 11 Hold ratings, 1 Sell rating, and 1 Strong Sell rating. The mean price target is $9.18, representing 62.2% upside from the last close of $5.66 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate revenue of $3.33B and EPS of $1.21. For the next fiscal year, 11 analysts project revenue of $3.54B and EPS of $1.44. FMC beat EPS estimates in 3 of the last 4 quarters, with next earnings scheduled for October 29, 2026.

This page is an AI-written research summary of FMC Corporation (FMC). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: FMC income statement, FMC balance sheet, FMC key metrics, FMC analyst forecast, FMC chart. See the FMC stock overview for the latest quote and news.