FMC Corporation (FMC)

Pretax margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Earnings before tax but after interest (EBT) US$ in thousands 252,500 300,200 983,900 893,800 729,800
Revenue US$ in thousands 4,246,100 4,486,800 5,802,300 5,045,200 4,642,100
Pretax margin 5.95% 6.69% 16.96% 17.72% 15.72%

December 31, 2024 calculation

Pretax margin = EBT ÷ Revenue
= $252,500K ÷ $4,246,100K
= 5.95%

The pretax margin of FMC Corporation has shown fluctuations over the past five years. In December 2020, the pretax margin was at 15.72%, followed by an increase to 17.72% in December 2021, indicating improved efficiency in generating profits before taxes. However, in December 2022, there was a slight decrease to 16.96%, which was still relatively strong.

The trend took a significant downturn in December 2023, with the pretax margin plummeting to 6.69%. This sharp decrease may raise concerns about the company's cost structure or revenue generation during that period. The situation worsened in December 2024, where the pretax margin fell further to 5.95%, suggesting potential challenges in managing costs or declining profitability.

Overall, the pretax margin trend of FMC Corporation indicates both positive and negative fluctuations. Further analysis of the company's financial performance and strategic decisions may be necessary to understand the factors driving these variations and to identify potential areas for improvement in the future.