FMC Corporation (FMC)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	1,648,900	1,831,000	2,326,800	2,171,700	2,052,000
Revenue	US$ in thousands	4,246,100	4,486,800	5,802,300	5,045,200	4,642,100
Gross profit margin		38.83%	40.81%	40.10%	43.04%	44.20%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $1,648,900K ÷ $4,246,100K
= 38.83%

The gross profit margin of FMC Corporation has seen a gradual decline over the years, from 44.20% as of December 31, 2020, to 38.83% as of December 31, 2024. This downward trend suggests potential challenges in controlling production costs or pricing strategies that may be impacting the company's profitability at the gross level. It is important for FMC Corporation to closely monitor and address factors influencing this metric to ensure sustainable and competitive performance in the market.