FMC Corporation (FMC)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 486,800 | 270,600 | 236,100 | 305,400 | 535,000 | 913,300 | 1,028,400 | 1,132,500 | 1,131,700 | 1,012,500 | 1,012,100 | 1,063,000 | 1,020,700 | 890,300 | 863,800 | 847,600 | 881,100 | 850,700 | 827,400 | 826,200 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Return on total capital | 10.85% | 5.87% | 5.18% | 7.08% | 12.13% | 27.55% | 30.45% | 32.41% | 33.28% | 31.61% | 32.36% | 34.49% | 33.44% | 29.12% | 27.56% | 27.96% | 29.53% | 28.66% | 29.02% | 30.57% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $486,800K ÷ ($—K + $4,487,500K)
= 10.85%
FMC Corporation's return on total capital has shown fluctuations over the period covered. It started strongly at 30.57% in March 2020, gradually declined to 27.56% by June 2021, and then began to recover, reaching 33.44% by December 2021. The return peaked at 34.49% in March 2022 before experiencing a slight decline. Despite this, FMC Corporation maintained a relatively high return on total capital, with the ratio staying above 30% for several quarters. However, there was a significant drop to 12.13% by December 2023 and a further decline to 5.18% by June 2024. This downward trend was then partially reversed, with the return on total capital increasing to 10.85% by December 2024. Overall, the company's return on total capital reflects some variability, indicating fluctuations in the efficiency of capital utilization and profitability over the analyzed period.
Peer comparison
Dec 31, 2024