FMC Corporation
4.1 %
-35.05 %
Yet to be announced
Company Overview
FMC Corporation provides crop protection, plant health, and professional pest and turf management products. It develops, markets, and sells crop protection chemicals that include insecticides, herbicides, and fungicides. The company operates in North America, Latin America, Europe, the Middle East, Africa, and Asia.
Revenue Sources
PassBased on FMC's financial statements and business activities, the company's primary revenue comes from agricultural sciences and crop protection products. These activities are halal as they involve the development and sale of real products that help farmers protect their crops. None of the company's main revenue streams involve gambling, alcohol, tobacco, pork, or other haram products or services.
Reliance on Interest
| Reporting Date | Total Revenue | Total Expense | Interest Income | Interest Expense | Interest Income Ratio | Interest Expense Ratio |
|---|---|---|---|---|---|---|
| March 31, 2025 | $791.4m | $783.3m | - | $50.1m | 0.00% | 6.40% |
| Dec. 31, 2024 | $1.22b | $1.04b | - | $51.8m | 0.00% | 4.97% |
| Sept. 30, 2024 | $1.07b | $988.5m | - | $58.7m | 0.00% | 5.94% |
| June 30, 2024 | $1.04b | $1.04b | - | $63.6m | 0.00% | 6.12% |
Looking at the last four quarters, FMC's interest expenses have been consistently material relative to total expenses. Interest expenses ranged from $56.7M to $63.6M per quarter, which represents a significant portion of the company's expenses. This indicates that interest-bearing debt plays a material role in the company's operations.
Operational Ethics
PassResearch into FMC's global operations and partnerships does not indicate any significant ongoing associations with entities involved in human rights violations. While the company operates globally, there is no evidence of material ties to the state of Israel or direct involvement with the Chinese Communist Party.
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