FMC Corporation (FMC)

Return on equity (ROE)

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 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
Net income (ttm) US$ in thousands 340,900 1,455,700 1,387,400 1,122,800 1,321,500 496,900 621,400 725,100 736,500 655,700 692,600 761,300 736,500 592,900 546,400 527,900 551,500 498,800 477,800 467,900
Total stockholders’ equity US$ in thousands 4,487,500 4,607,800 4,559,400 4,311,500 4,410,900 3,314,500 3,377,400 3,494,500 3,400,900 3,203,600 3,127,300 3,082,200 3,051,900 3,057,000 3,134,100 3,031,300 2,984,200 2,968,400 2,850,900 2,702,700
ROE 7.60% 31.59% 30.43% 26.04% 29.96% 14.99% 18.40% 20.75% 21.66% 20.47% 22.15% 24.70% 24.13% 19.39% 17.43% 17.41% 18.48% 16.80% 16.76% 17.31%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $340,900K ÷ $4,487,500K
= 7.60%

The return on equity (ROE) of FMC Corporation has exhibited fluctuations over the period from March 31, 2020, to December 31, 2024.

The ROE started at 17.31% in March 2020, decreased slightly to 16.76% in June 2020, and remained relatively stable around the mid to high 16% range for the next few quarters. There was a notable increase to 18.48% by December 2020.

Subsequently, the ROE exhibited further improvements, reaching 24.70% by March 2022 and peaking at 31.59% by September 2024. This upward trend indicated that the company was generating significant profits relative to shareholders' equity during this period.

However, there was a sharp decline in ROE to 7.60% by December 2024, suggesting a significant decrease in profitability compared to the previous quarter and indicating a potential challenge or issue affecting the company's performance.

Overall, despite some fluctuations, FMC Corporation generally maintained a healthy ROE during the period, with some quarters showing exceptional performance. It is important for stakeholders to further investigate the factors contributing to the fluctuations in ROE to understand the company's financial performance and sustainability.