FMC Corporation (FMC)

Net profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Net income US$ in thousands 341,100 1,318,800 736,500 739,600 552,400
Revenue US$ in thousands 4,246,100 4,486,800 5,802,300 5,045,200 4,642,100
Net profit margin 8.03% 29.39% 12.69% 14.66% 11.90%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $341,100K ÷ $4,246,100K
= 8.03%

The net profit margin, which indicates the profitability of FMC Corporation, has shown fluctuations over the years. In December 2020, the net profit margin was 11.90%, indicating that the company generated $0.119 in profit for every $1 in revenue.

By December 2021, the net profit margin improved to 14.66%, demonstrating better efficiency in converting revenue into profit. In December 2022, the margin slightly decreased to 12.69%, suggesting potential challenges in managing costs or increasing revenues.

A significant jump in profitability was observed by December 2023, with the net profit margin soaring to 29.39%. This exceptional performance may have been driven by strategic initiatives, cost controls, or revenue growth.

However, by December 2024, the net profit margin dropped to 8.03%, indicating a notable decline in profitability. This decrease could be attributed to various factors such as rising costs, declining sales, or operational inefficiencies.

Overall, the trend in FMC Corporation's net profit margin reveals both positive and negative movements, highlighting the importance of continuous monitoring and strategic decision-making to sustain and enhance profitability in the future.