FMC Corporation (FMC)
Return on equity (ROE)
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 |
Total stockholders’ equity | US$ in thousands | 4,487,500 | 4,410,900 | 3,400,900 | 3,051,900 | 2,984,200 |
ROE | 7.60% | 29.90% | 21.66% | 24.23% | 18.51% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $341,100K ÷ $4,487,500K
= 7.60%
The return on equity (ROE) for FMC Corporation has shown variability over the years as per the provided data.
- As of December 31, 2020, the ROE stood at 18.51%, indicating that for each dollar of shareholders' equity, the company generated a profit of 18.51 cents.
- By December 31, 2021, the ROE had increased to 24.23%, showcasing an improvement in the company's efficiency in utilizing equity to generate profits.
- The ROE dipped slightly to 21.66% by December 31, 2022, but the company remained efficient in generating returns for its shareholders.
- A significant increase was seen by December 31, 2023, where the ROE surged to 29.90%, indicating a robust performance in utilizing equity to drive profitability.
- However, by December 31, 2024, there was a sharp decline in ROE to 7.60%, suggesting a decrease in the company's ability to generate profits from shareholders' equity efficiently.
Overall, while there have been fluctuations in FMC Corporation's ROE over the years, it is important for stakeholders to monitor these trends to assess the company's effectiveness in generating returns on equity and its overall financial performance.
Peer comparison
Dec 31, 2024