FMC Corporation (FMC)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	651,600	679,200	1,059,400	962,000	850,500
Revenue	US$ in thousands	4,246,100	4,486,800	5,802,300	5,045,200	4,642,100
Operating profit margin		15.35%	15.14%	18.26%	19.07%	18.32%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $651,600K ÷ $4,246,100K
= 15.35%

The operating profit margin of FMC Corporation experienced fluctuations over the past five years. It increased steadily from 18.32% as of December 31, 2020, to 19.07% by the end of 2021. However, there was a slight decline to 18.26% in 2022. Subsequently, the operating profit margin decreased more significantly to 15.14% in 2023, and then slightly rebounded to 15.35% by December 31, 2024.

These variations in the operating profit margin signify fluctuations in the company's operational efficiency and profitability. While the company managed to achieve a peak in 2021, the subsequent decline suggests potential challenges in managing operating expenses or maintaining revenue growth in the later years. FMC Corporation may need to assess its cost structure and revenue generation strategies to stabilize and improve its operating profit margin in the future.