Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,642 | $5,045 | $5,802 | $4,487 | $4,246 |
| Gross Profit | $2,052 | $2,172 | $2,327 | $1,831 | $1,649 |
| Operating Income | $902 | $1,045 | $1,144 | $556 | $507 |
| Net Income | $552 | $737 | $737 | $1,322 | $341 |
Over the five-year period, FMC Corporation’s financials reveal mixed trends. Revenues grew steadily from USD 4,642 million in 2020 to a peak of USD 5,802 million in 2022, reflecting moderate growth rates of about 9% from 2020 to 2021 and approximately 15% from 2021 to 2022. However, this upward trend reversed sharply in 2023, when revenues fell by over 20% to around USD 4,487 million, followed by a further decline in 2024 to roughly USD 4,246 million. Gross profit trends mirrored this pattern, reaching USD 2,327 million in 2022 before dropping over 20% in 2023 and continuing to decline in 2024. Similarly, operating income improved from USD 902 million in 2020 to USD 1,144 million in 2022, only to experience a steep drop of nearly 50% in 2023 to USD 556 million, and a slight additional decrease in 2024. Net income presented notable volatility over the period. After growing from USD 551 million in 2020 to 736 million in both 2021 and 2022, net income unexpectedly surged to approximately USD 1,322 million in 2023—a dramatic increase of nearly 80% over the previous year—even as revenue and operating metrics declined sharply. However, in 2024, net income plummeted to about USD 341 million, marking a significant contraction of roughly 74% from the previous year. This variance suggests potential one-off items or extraordinary accounting events affecting the bottom line during those years. Overall, while FMC Corporation demonstrated solid growth in earlier years, the substantial swings in revenue and income metrics in 2023–2024 indicate increased financial volatility. This mix of performance underscores the need for further investigation into underlying operational or market factors to assess the company’s long-term financial health and sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.