FMC Corporation (FMC)

Net profit margin

		Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,321,500	496,900	621,400	725,100	736,500	653,300	692,000	762,500	739,600	598,400	550,100	529,800	551,500	498,800	477,800	467,900	477,400	513,000	495,400	450,600
Revenue (ttm)	US$ in thousands	4,475,000	4,961,900	5,367,100	5,804,900	5,818,300	5,592,300	5,402,800	5,191,300	5,034,800	4,780,000	4,671,900	4,586,400	4,642,100	4,687,200	4,616,900	4,667,700	4,609,800	4,954,400	4,863,700	4,812,000
Net profit margin		29.53%	10.01%	11.58%	12.49%	12.66%	11.68%	12.81%	14.69%	14.69%	12.52%	11.77%	11.55%	11.88%	10.64%	10.35%	10.02%	10.36%	10.35%	10.19%	9.36%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,321,500K ÷ $4,475,000K
= 29.53%

The net profit margin of FMC Corp. has displayed some fluctuations over the past eight quarters, as indicated by the data provided. In Q4 2023, the net profit margin was 29.39%, significantly higher compared to the previous quarter at 9.99%. This sharp increase may be attributed to various factors such as improved cost management, increased revenue, or one-time gains.

In Q3 and Q2 of 2023, the net profit margin was 9.99% and 11.57%, respectively, which were lower than the margins in the previous quarters. However, in Q1 2023, there was a slight improvement with the net profit margin rising to 12.48%.

Comparing the most recent quarter to the same quarter in the prior year, there has been a notable increase in the net profit margin. In Q4 2022, the net profit margin was 12.66%, which was lower than the Q4 2023 margin. This improvement indicates potential growth and efficiency in the company's operations.

Looking at the trends over the past eight quarters, the net profit margin has shown variability but generally remained above 10%. It is crucial for investors and stakeholders to monitor these fluctuations closely to assess the company's financial performance and profitability.