FMC Corporation (FMC)

Over the past six months, FMC Corp.'s stock price has experienced a decline. As of June 27, 2025, the stock was down 13.60% over the last six months and 10.50% year-to-date. The share price on June 24, 2025, was $42.63, representing a 24.58% decrease from June 25, 2024, when it was $56.52. Key events impacting the stock in the past six months include a 14% year-over-year decrease in sales in Q1 2025, the sale of its Global Specialty Solutions business for US$350 million in November 2024, the unveiling of its Ambriva herbicide in October 2024, and an agreement with Bayer to commercialize products containing Isoflex active in the European Union and Great Britain in March 2025. More recently, in June 2025, FMC received regulatory approval for its Tremisia fungicide in Ukraine and partnered with Corteva to broaden access to Fluindapyr fungicide. FMC anticipates a 7% revenue growth in the second half of 2025, driven by new product volumes, expansion in the Brazilian market, and growth in biological products.

The demand for FMC Corp.'s products is significantly influenced by the seasonal nature of the crop protection market and the company's broad geographic spread, leading to variations in quarterly earnings across different regions. In the Northern Hemisphere, agricultural markets are active from March through September, resulting in significant earnings for FMC in the first and second quarters, and to a lesser extent in the fourth quarter. Markets in the Southern Hemisphere are served from July through February, generally contributing to earnings in the third, fourth, and first quarters. The company's leverage ratio also fluctuates throughout the year due to this inherent seasonality. Beyond seasonality, agricultural markets are also susceptible to other factors such as weather conditions, government policies, and foreign exchange rate movements, all of which can impact demand. The crop chemical industry is currently experiencing a recovery from a cyclical bottom that led to inventory destocking.

FMC Corp. is a global agricultural sciences company dedicated to providing innovative solutions to growers worldwide. The company operates primarily within the Process Industries sector, specifically in the Agricultural Chemicals industry. FMC's core business involves the discovery, development, manufacturing, and marketing of a comprehensive portfolio of crop protection products, plant health solutions, and professional pest and turf management products. FMC's major product offerings include insecticides, herbicides, fungicides, biologicals, and crop nutrition and seed treatment products. While crop protection chemicals represent the largest segment, FMC also has interests in industrial chemicals and lithium technologies.

FMC Corp. maintains a strong global presence, operating in over 50 countries with an extensive distribution network. The company's facilities span across various continents, including Asia, South America, the Middle East, and Africa. Its revenue generation is geographically balanced, with contributions from North America, Latin America, Asia Pacific, and Europe, the Middle East & Africa. In 2023, Latin America accounted for 31% of revenue, followed by Europe, the Middle East & Africa (27%), North America (22%), and Asia Pacific (20%). FMC has regional headquarters in Singapore (APAC), Philadelphia, USA (Corporate), Vernier, Switzerland (EMEA), and Campinas, Brazil (LATAM).

FMC Corp. has maintained a strong brand reputation, particularly in ESG. FMC was recognized among the top U.S. companies on Newsweek's 2024 Most Responsible Companies list and Bloomberg ranked FMC first in the agricultural chemicals industry for its performance on material ESG issues. The company's commitment to sustainability is highlighted by its industry-leading net-zero by 2035 target, which has been verified by the Science Based Targets initiative (SBTi). FMC has also been recognized for its safety performance, being named ACC Company of the Year for safety four times since 2017. The company was also recognized as one of "America's Greatest Workplaces for Diversity 2024" and "America's Greatest Workplaces for Women 2024". FMC made CDP's A-List for leadership in corporate transparency and water security in 2022 and 2023.

FMC Corp.'s ownership is predominantly institutional, with institutional shareholders holding 89.11% of the company's shares. FMC insiders hold 1.88%, and retail investors account for 9.01%. Major institutional owners of FMC Corp. include BlackRock, Inc., Vanguard Group Inc., Wellington Management Group LLP, State Street Corp, Charles Schwab Investment Management Inc, Morgan Stanley and AQR Capital Management LLC.