Skip to Content

FMC Corp FMC

Morningstar Rating
$57.55 +1.05 (1.86%)
View Full Chart
Unlock our analysis with Morningstar Investor

Company Report

FMC: Executive Chairman Pierre Brondeau Appointed CEO

FMC announced Executive Chairman Pierre Brondeau was appointed to the CEO role. He was previously CEO from 2010-20. He has been FMC's board chairman since 2010. The company also reaffirmed its previously announced second-quarter revenue and earnings guidance. Our forecast already assumed FMC would hit its guidance as we expect its sales and profits will show an improvement in the second quarter and generate year-over-year growth in the second half of the year. Additionally, as Brondeau has been executive chairman, we see no reason to change our outlook for FMC. Accordingly, we maintain our $110 fair value estimate. Our narrow moat rating and Standard Morningstar Capital Allocation Rating are also unchanged.

Price vs Fair Value

FMC is trading at a 851% premium.
Price
$57.55
Fair Value
$386.00
Uncertainty
High
1-Star Price
$199.10
5-Star Price
$89.00
Economic Moat
Fzmbtx
Capital Allocation
Wchwhybl

Bulls Say, Bears Say

Bulls

FMC has transformed its portfolio to focus on crop chemicals, which should see strong growth prospects as yield gains are needed to support rising food consumption from emerging markets.

Bears

FMC's patents have begun to expire for its two largest molecules. This will weigh on long-term profits as the company will face declining sales and margin compression from the patent expirations.

Is it the right time to buy, sell, or hold?
Start a free trial of Morningstar Investor to unlock exclusive ratings and continuous analyst coverage to help you decide if FMC is a good fit for your portfolio.

News

Trading Information

Previous Close Price
$56.50
Day Range
$56.92–58.06
52-Week Range
$49.49–106.87
Bid/Ask
$57.39 / $57.75
Market Cap
$7.18 Bil
Volume/Avg
2.8 Mil / 2.0 Mil

Key Statistics

Price/Earnings (Normalized)
24.24
Price/Sales
1.78
Dividend Yield (Trailing)
4.03%
Dividend Yield (Forward)
4.03%
Total Yield
4.72%

Company Profile

FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
Sector
Basic Materials
Industry
Agricultural Inputs
Stock Style Box
Small Core
Total Number of Employees
6,600

Competitors

Valuation

Metric
FMC
CTVA
NTR
Price/Earnings (Normalized)
24.2426.448.75
Price/Book Value
1.671.521.02
Price/Sales
1.782.270.90
Price/Cash Flow
29.6515.505.98
Price/Earnings
FMC
CTVA
NTR

Financial Strength

Metric
FMC
CTVA
NTR
Quick Ratio
0.910.840.46
Current Ratio
1.461.511.15
Interest Coverage
1.243.142.80
Quick Ratio
FMC
CTVA
NTR

Profitability

Metric
FMC
CTVA
NTR
Return on Assets (Normalized)
2.53%3.89%3.42%
Return on Equity (Normalized)
7.88%6.72%7.31%
Return on Invested Capital (Normalized)
6.09%5.53%5.84%
Return on Assets
FMC
CTVA
NTR
See how this stock stacks up to its competitors with Morningstar Investor

Agricultural Inputs Industry Comparables

1-Day Chart
Name
Price
Morningstar Rating for Stocks
Capital Allocation
Economic Moat
Market Cap
Corteva Inc
CTVA
BkllxlsmFvjnv$37.6 Bil
Nutrien Ltd
NTR
BdkpdvlqSjxkmc$25.1 Bil
CF Industries Holdings Inc
CF
DmvwcdsKgkrpnh$13.5 Bil
The Mosaic Co
MOS
MqtjpvwtZhgp$9.3 Bil
Yara International ASA ADR
YARIY
—Rpbm$7.3 Bil
Yara International ASA
YRAIF
—Srcj$7.3 Bil
The Scotts Miracle Gro Co Class A
SMG
WrvpHqfmfmz$3.7 Bil
K+S AG
KPLUF
—Vtfz$2.4 Bil
K+S AG ADR
KPLUY
—Yxks$2.4 Bil

Sponsor Center