Financials FMC Corporation

Equities

FMC

US3024913036

Agricultural Chemicals

Market Closed - Nyse 21:00:02 26/04/2024 BST 5-day change 1st Jan Change
58.46 USD +1.14% Intraday chart for FMC Corporation +1.11% -7.28%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 12,938 14,913 13,929 15,608 7,866 7,297 - -
Enterprise Value (EV) 1 15,858 17,612 16,584 18,310 11,521 10,814 10,366 10,167
P/E ratio 27.6 x 27.2 x 19.3 x 21.5 x 5.99 x 16.9 x 11.5 x 11 x
Yield 1.64% 1.57% 1.78% 1.74% 3.68% 4.03% 4.18% 4.54%
Capitalization / Revenue 2.81 x 3.21 x 2.76 x 2.69 x 1.75 x 1.61 x 1.5 x 1.41 x
EV / Revenue 3.44 x 3.79 x 3.29 x 3.16 x 2.57 x 2.38 x 2.12 x 1.96 x
EV / EBITDA 13 x 14.1 x 12.5 x 13 x 11.8 x 11 x 8.94 x 8.11 x
EV / FCF 40.2 x 26.3 x 20.8 x 35.4 x -26.5 x 17.5 x 14 x 13.9 x
FCF Yield 2.49% 3.8% 4.81% 2.83% -3.77% 5.71% 7.13% 7.18%
Price to Book 5.14 x 5.02 x 4.56 x 4.62 x 1.78 x 1.61 x 1.53 x 1.45 x
Nbr of stocks (in thousands) 129,615 129,757 126,751 125,066 124,759 124,817 - -
Reference price 2 99.82 114.9 109.9 124.8 63.05 58.46 58.46 58.46
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,610 4,642 5,045 5,802 4,487 4,543 4,879 5,189
EBITDA 1 1,220 1,250 1,324 1,407 978 981.9 1,159 1,254
EBIT 1 1,070 1,088 1,153 1,238 793.7 792.1 976.1 1,060
Operating Margin 23.22% 23.43% 22.86% 21.33% 17.69% 17.44% 20.01% 20.43%
Earnings before Tax (EBT) 1 655 729.8 893.8 983.9 300.2 559.6 796.1 899.1
Net income 1 477.4 551.5 736.5 736.5 1,322 421.1 633 664.7
Net margin 10.36% 11.88% 14.6% 12.69% 29.45% 9.27% 12.97% 12.81%
EPS 2 3.620 4.220 5.700 5.810 10.53 3.456 5.079 5.331
Free Cash Flow 1 394.6 669.6 798.5 517.7 -434.2 618 738.7 730.3
FCF margin 8.56% 14.42% 15.83% 8.92% -9.68% 13.6% 15.14% 14.07%
FCF Conversion (EBITDA) 32.33% 53.55% 60.3% 36.79% - 62.94% 63.71% 58.26%
FCF Conversion (Net income) 82.66% 121.41% 108.42% 70.29% - 146.73% 116.7% 109.87%
Dividend per Share 2 1.640 1.800 1.960 2.170 2.320 2.354 2.444 2.651
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 1,194 1,414 1,351 1,452 1,377 1,622 1,344 1,014 981.9 1,146 1,011 1,052 1,126 1,344 1,179
EBITDA 1 293.2 376.7 354.8 359.5 261 432 361.7 187.6 174.6 254.1 153.4 206.6 254.1 353.5 298.3
EBIT 1 249.8 334.3 312.4 316.7 219.6 389.2 317 139.5 129 208.2 109 160.2 211.2 310.6 262.2
Operating Margin 20.92% 23.65% 23.13% 21.81% 15.95% 24% 23.58% 13.75% 13.14% 18.17% 10.78% 15.23% 18.75% 23.12% 22.24%
Earnings before Tax (EBT) 1 178.8 240.3 269.1 196.7 170.5 347.6 248.5 63.1 32 -43.4 50 102.5 177 242 179
Net income 1 157.9 193.1 207.4 134.2 121 273.9 196 30.5 -3.5 1,098 41.5 74.21 128.7 195.5 157.4
Net margin 13.22% 13.66% 15.35% 9.24% 8.79% 16.89% 14.58% 3.01% -0.36% 95.85% 4.1% 7.06% 11.42% 14.55% 13.35%
EPS 2 1.220 1.520 1.640 1.060 0.9500 2.170 1.550 0.2400 -0.0300 8.770 0.2647 0.6049 1.048 1.632 1.258
Dividend per Share 2 0.4400 0.5600 0.5300 0.5300 0.5300 0.5300 0.5800 0.5300 - - 0.5875 0.5890 0.5890 0.5890 0.5799
Announcement Date 02/11/21 08/02/22 02/05/22 02/08/22 01/11/22 07/02/23 01/05/23 02/08/23 30/10/23 05/02/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 2,920 2,699 2,656 2,702 3,655 3,517 3,070 2,870
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.392 x 2.158 x 2.006 x 1.92 x 3.737 x 3.582 x 2.647 x 2.29 x
Free Cash Flow 1 395 670 799 518 -434 618 739 730
ROE (net income / shareholders' equity) 27.8% 29.2% 24.4% 28.7% 12.1% 10.5% 13.2% 14.5%
ROA (Net income/ Total Assets) 4.81% 8.07% 7.09% 6.74% 4.11% 3.25% 4.25% 4.6%
Assets 1 9,924 6,837 10,384 10,922 32,164 12,958 14,893 14,451
Book Value Per Share 2 19.40 22.90 24.10 27.00 35.40 36.40 38.30 40.40
Cash Flow per Share 2 3.700 5.640 7.000 5.210 -2.400 5.630 5.980 -
Capex 1 93.9 67.2 100 142 134 101 142 143
Capex / Sales 2.04% 1.45% 1.98% 2.45% 2.98% 2.22% 2.9% 2.75%
Announcement Date 05/02/20 09/02/21 08/02/22 07/02/23 05/02/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
18
Last Close Price
58.46 USD
Average target price
69.66 USD
Spread / Average Target
+19.16%
Consensus
  1. Stock Market
  2. Equities
  3. FMC Stock
  4. Financials FMC Corporation