How Does FMC Company Work?

FMC Corporation focuses on creating and distributing a wide array of crop protection solutions. These include insecticides, herbicides, fungicides, seed treatments, and plant health products. The company's offerings assist farmers in managing pests, weeds, and diseases to improve crop yields and quality.

FMC serves a diverse customer base, from large agricultural enterprises to individual smallholder farmers. Its products are also utilized in non-agricultural sectors for professional pest and turf management, demonstrating its broad market applicability.

The company's operations are underpinned by significant investment in research and development, robust global manufacturing and supply chain networks, strategic collaborations, and dedicated customer support. This integrated approach ensures efficient product delivery and market responsiveness.

In 2024, FMC allocated approximately $691 million to R&D, prioritizing the discovery of new active ingredients and formulations. This includes novel-mode-of-action fungicides, pheromone- and microbial-based products, and new diamide formulations.

A significant milestone for FMC was the November 2024 sale of its Global Specialty Solutions business, generating a gain of $180.3 million. This move sharpened the company's focus on its core agricultural operations, aligning with its long-term vision to be a fully innovative agricultural science company.

FMC's commitment to innovation is evident in its launch of over 50 new products globally and securing more than 700 regulatory approvals in 2024. Innovations include patented fungicide applications and the introduction of Dodhylex™ active herbicide, representing a new herbicide mode of action after more than three decades.

The company has navigated operational challenges, including global destocking in crop protection and lower commodity prices affecting grower spending. FMC implemented restructuring actions, such as its 'Project Focus' program, which yielded $165 million in net savings in 2024, optimizing operating expenses and cost of goods sold.

FMC's competitive edge is built on its innovative product portfolio, including proprietary active ingredients and formulations, supported by a strong global presence in over 100 countries. Its R&D investments enable premium pricing for advanced solutions and foster long-term grower relationships.

FMC Corporation distinguishes itself through innovation, a commitment to sustainability, and a customer-centric approach in the crop protection market. Its extensive global reach and distribution network enable it to serve diverse agricultural needs worldwide.

The company navigates challenges such as intense competition from generic products and ongoing destocking. A high net leverage ratio and currency fluctuations, particularly with the Brazilian Real, also present financial risks.

For the full year 2025, FMC projects revenue between $4.15 billion and $4.35 billion, with adjusted EBITDA expected between $870 million and $950 million. A stronger second half of 2025 is anticipated, with projected increases in sales and adjusted EBITDA compared to 2024.

FMC's strategy focuses on strengthening grower relationships, driving superior growth and returns, and maintaining leadership in safety and innovation. The company aims to commercialize new growth platforms and maximize the value of existing products.