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Held by 427 of 5,944 reporting institutions (96th percentile) — extremely crowded.
Data as of Q1 2026
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Solve the discounted cash flow backwards, then stress-test the assumptions.
This company doesn't have positive free cash flow, so a reverse DCF can't be run.
EOD close · as of 2026-09-17
How a revenue dollar becomes profit — FY2025
Each value shows its share of revenue below it (common-size).
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.47B 100.0% | $4.25B 100.0% | $4.49B 100.0% | $5.80B 100.0% | $5.05B 100.0% | $4.64B 100.0% | $4.61B 100.0% | $4.29B 100.0% | $2.53B 100.0% | $2.27B 100.0% |
| Cost of Revenue | $2.18B 63.0% | $2.60B 61.2% | $2.66B 59.2% | $3.48B 59.9% | $2.87B 57.0% | $2.59B 55.8% | $2.53B 54.8% | $2.41B 56.1% | $1.58B 62.4% | $1.43B 63.0% |
| Gross Profit | $1.28B 37.0% | $1.65B 38.8% | $1.83B 40.8% | $2.33B 40.1% | $2.16B 42.8% | $2.05B 44.1% | $2.08B 45.2% | $1.88B 43.9% | $951.8M 37.6% | $842.8M 37.0% |
| Selling, General & Admin | $684.9M 19.8% | $644.6M 15.2% | $734.3M 16.4% | $775.2M 13.4% | $714.1M 14.2% | $729.7M 15.7% | $792.9M 17.2% | $790.0M 18.4% | $581.7M 23.0% | $419.4M 18.4% |
| Total Operating Expenses | $5.10B 147.0% | $3.74B 88.1% | $3.93B 87.6% | $4.66B 80.3% | $4.01B 79.5% | $3.75B 80.7% | $3.79B 82.2% | — | — | — |
| Operating Income | -$1.63B -47.0% | $506.5M 11.9% | $555.6M 12.4% | $1.14B 19.7% | $1.03B 20.5% | $896.9M 19.3% | $821.6M 17.8% | $740.9M 17.3% | $158.5M 6.3% | $197.8M 8.7% |
| Interest Expense | $239.6M 6.9% | $235.8M 5.6% | $237.2M 5.3% | $151.8M 2.6% | $131.1M 2.6% | $151.3M 3.3% | $160.4M 3.5% | $134.5M 3.1% | $80.0M 3.2% | $63.5M 2.8% |
| Interest & Investment Income | — | — | — | $0 0.0% | $0 0.0% | $100K 0.0% | $1.9M 0.0% | $1.4M 0.0% | $900K 0.0% | $600K 0.0% |
| Pretax Income | -$1.89B -54.4% | $252.5M 5.9% | $300.2M 6.7% | $983.9M 17.0% | $897.8M 17.8% | $731.0M 15.7% | $655.0M 14.2% | $608.4M 14.2% | $95.8M 3.8% | $111.6M 4.9% |
| Income Tax Expense | $314.2M 9.1% | -$150.9M -3.6% | -$1.12B -24.9% | $145.2M 2.5% | $92.5M 1.8% | $151.2M 3.3% | $111.5M 2.4% | $70.8M 1.7% | $228.9M 9.0% | $38.2M 1.7% |
| Net Income | -$2.24B -64.6% | $341.1M 8.0% | $1.32B 29.5% | $736.5M 12.7% | $739.6M 14.7% | $552.4M 11.9% | $477.4M 10.4% | $502.1M 11.7% | $535.8M 21.2% | $209.1M 9.2% |
| Per Share | ||||||||||
| EPS (Basic) | $-17.88 | $2.73 | $10.55 | $5.83 | $5.76 | $4.26 | $3.64 | $3.72 | $3.99 | $1.56 |
| EPS (Diluted) | $-17.88 | $2.72 | $10.53 | $5.81 | $5.73 | $4.23 | $3.62 | $3.69 | $3.99 | $1.56 |
| Weighted Avg Shares (Basic) | 125.2M | 125.0M | 125.1M | 126.0M | 128.4M | 129.7M | 130.8M | 134.4M | 134.3M | 133.9M |
| Weighted Avg Shares (Diluted) | 125.2M | 125.4M | 125.5M | 126.7M | 129.1M | 130.6M | 132.0M | 135.9M | 134.3M | 134.5M |
Source: SEC EDGAR XBRL filings (annual, fiscal year). Quarterly flow items are derived from cumulative filings; balance-sheet figures are as-of each period end. Ratios and margins are computed, not reported.
Is the value real, and is the business safe? Academic scores + earnings quality + solvency, from SEC filings.
1/7 of the 9 checks — 2 couldn't be scored (see above), so the score is out of the 7 with data.
Insufficient balance-sheet detail (needs retained earnings, working capital, equity).
Needs granular two-year detail (receivables, PP&E, D&A, SG&A) — not fully reported.
Cash-conversion data unavailable. Lower/negative accruals = higher quality (Sloan).
Interest coverage is thin — monitor; leverage falling year-over-year.
F-Score (0–9 fundamental momentum), Altman Z (distress risk), and Beneish M (earnings-manipulation screen) are academic models computed from the SEC filings. Screens and context — educational, not recommendations.
What the company returns to shareholders — and whether it's covered by cash.
Free-cash-flow coverage unavailable. Last year: $291M dividends + $0 buybacks = $291M returned.
1 consecutive years of dividend increases · 15%/yr.
Yields use the latest fiscal-year dividends/buybacks over current market cap. Dividends and buybacks from the SEC cash-flow statement; payout coverage vs net income and free cash flow. Educational — not a recommendation.
How management deployed cash over 10 years — and what it earned on reinvestment.
A balanced mix of reinvestment and shareholder returns.
Operating income fell despite reinvestment — a warning on capital productivity. Current ROIC on all capital: -40%. Rough measure (includes maintenance capex).
Cash uses aggregated from the SEC cash-flow statement over 10 fiscal years. "Return on reinvestment" is a rough proxy — operating-income change ÷ cumulative CapEx + M&A — and includes maintenance capex. Educational — not a recommendation.
How much the company owes, how it's trended, and how comfortably it's serviced.
Cash of $585M is below the $586M due within a year — relies on refinancing or operating cash flow. Scheduled principal only (excludes interest & revolver draws). As of 2025-12-31 (10-K).
Green ≤ 1.5× · amber ≤ 3× · red > 3× (leverage relative to cash earnings).
Thin coverage — earnings barely cover interest. Effective rate ~6.9% on $3.5B of debt.
Cash of $585M is below short-term debt of $1.3B — relies on refinancing/operations.
Mostly long-term debt (balance-sheet current vs non-current split). See the maturity ladder above for the year-by-year repayment schedule.
Debt, cash, interest and equity from the SEC balance sheet & income statement. Effective rate = interest ÷ average debt. Maturity ladder from the SEC long-term-debt repayment schedule. Educational — not a recommendation.
Total shares institutions bought (green) vs sold (red) each quarter across all holders.
Inferred from quarter-over-quarter change in each fund's 13F position (new stakes count as buys, exits as sells). Not tick-level trades.
Top 40 institutional holders — bubble size is position value, color is the move since last quarter. Hover any holder for detail.
Drag any bubble to rearrange · size = dollar value of the position
Ranked against 238 sector peers with collected financials. Valuation from latest close × latest fiscal-year fundamentals; 13F conviction as of 2026-03-31.
Percentile is “goodness” within the peer set (100 = best). For valuation and leverage that means cheaper / less-levered ranks higher.
| Company | Mkt cap ▼ | P/E | EV/EBITDA | P/S | Rev gr | Gross | Net | ROE | ROIC | Net D/EBITDA | 13F |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BHP | $439.4B | — | — | — | — | — | — | — | — | — | 713 |
| LIN | $215.3B | 31.4× | 19.3× | 6.3× | 3.0% | — | 20.3% | 18.0% | 10.9% | 2.1× | 2,148 |
| SCCO | $162.1B | 37.4× | 20.9× | 12.1× | 17.4% | 60.1% | 32.4% | 39.4% | 24.4% | 0.9× | 791 |
| CX | $147.8B | — | — | — | — | — | — | — | — | — | 297 |
| TX | $116.5B | — | — | — | — | — | — | — | — | — | 139 |
| FCX | $101.8B | — | 12.3× | 3.9× | 1.8% | 28.2% | 16.0% | 22.0% | 14.7% | 1.1× | 1,775 |
| AEM | $100.7B | — | — | — | — | — | — | — | — | — | 1,066 |
| SHW | $79.5B | 31.3× | — | 3.4× | 2.1% | 48.8% | 10.9% | 55.9% | 17.0% | — | 1,610 |
| ECL | $76.6B | 37.3× | 22.5× | 4.8× | 2.2% | 44.5% | 12.9% | 21.2% | 19.5% | 0.3× | 1,619 |
| B | $73.2B | — | — | — | — | — | — | — | — | — | 979 |
| WPM | $69.1B | — | — | — | — | — | — | — | — | — | 809 |
| APD | $63.7B | — | 90.0× | 5.3× | -0.5% | 31.4% | -3.3% | -2.6% | -2.6% | 0.1× | 1,702 |
| VALE | $61.6B | — | — | — | — | — | — | — | — | — | 537 |
| NUE | $61.2B | 35.3× | — | 1.9× | 5.7% | 11.9% | 5.4% | 8.3% | 8.3% | — | 1,325 |
| CRH | $58.0B | 15.7× | 9.3× | 1.6× | 5.3% | 36.1% | 10.0% | 15.6% | 9.2% | 2.2× | 9 |
| MT | $57.2B | — | — | — | — | — | — | — | — | — | 286 |
| DD | $53.6B | — | — | 7.8× | 1.9% | 34.5% | -11.4% | -5.6% | -5.6% | — | 1,172 |
| AU | $51.7B | — | — | — | — | — | — | — | — | — | 537 |
| FNV | $51.4B | — | — | — | — | — | — | — | — | — | 614 |
| NTR | $37.7B | — | — | — | — | — | — | — | — | — | 718 |
| STLD | $35.6B | 30.7× | 19.2× | 2.0× | 3.6% | 13.2% | 6.5% | 13.2% | 9.0% | 2.1× | 893 |
| KGC | $34.2B | — | — | — | — | — | — | — | — | — | 630 |
| VMC | $31.9B | 30.1× | 15.3× | 4.0× | 7.1% | 27.4% | 13.6% | 12.6% | 8.4% | 1.8× | 981 |
| MLM | $29.8B | 26.3× | 16.9× | 4.8× | 8.6% | 30.7% | 18.5% | 11.3% | 7.4% | 2.6× | 1,022 |
| PPG | $23.6B | 15.2× | — | 1.5× | 0.2% | 41.3% | 9.9% | 19.8% | 10.3% | — | 1,003 |
| FMC | $1.3B | — | — | 0.4× | -18.3% | 37.0% | -64.6% | -108% | -40.3% | -2.4× | 427 |
Peers = companies sharing FMC's sector (Basic Materials) with collected SEC financials. Multiples use the most recent end-of-day close and latest fiscal-year fundamentals (trailing, not forward). Missing cells mean the peer never reported that line item, has no collected price, or has a non-positive denominator. Not investment advice.
Total return (dividends reinvested) vs the market, from quarter-end prices.
Above 0 = ahead of the S&P 500 since the window start; below 0 = behind. Rising means it's pulling ahead.
How far the stock fell below its prior peak. Deeper, longer drawdowns = a rougher ride to the same return.
Quarter-end, dividend-adjusted (total return). Beta & volatility from quarterly returns (annualized). Benchmark is the S&P 500 (SPY total return). Annual returns compound the quarters ending in each calendar year; the first and last years in a window may be partial. Past performance doesn't predict future results.
EOD close · as of 2026-09-17
No standout strengths flagged.
Where each multiple sits in its own 14-yr range · 0th pct blended
Dot = today · shaded = middle 50% · line = median. Lower percentile = cheaper vs its own 14-yr history.
Is the profit real, and how strong is the balance sheet?
FY2025 · every deduction from revenue to net income
DuPont — the three levers
Watch the leverage lever — a chunk of ROE comes from the balance sheet.
What the company owes vs. what it holds
Year-by-year maturities aren't in SEC companyfacts (footnote-only), so this shows the debt/cash structure and net leverage instead.
Latest year: profit growth vs revenue growth
High operating leverage: profit moved 23.0× as fast as sales — great in an upturn, painful in a downturn.
Each line as % of revenue — the trend in color
| % of revenue | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| Cost of Revenue | 56.1 | 54.8 | 55.8 | 57.0 | 59.9 | 59.2 | 61.2 | 63.0 |
| Gross Profit | 43.9 | 45.2 | 44.1 | 42.8 | 40.1 | 40.8 | 38.8 | 37.0 |
| SG&A | 18.4 | 17.2 | 15.7 | 14.2 | 13.4 | 16.4 | 15.2 | 19.8 |
| Operating Income | 17.3 | 17.8 | 19.3 | 20.5 | 19.7 | 12.4 | 11.9 | -47.0 |
| Income Tax | 1.7 | 2.4 | 3.3 | 1.8 | 2.5 | -24.9 | -3.6 | 9.1 |
| Net Income | 11.7 | 10.4 | 11.9 | 14.7 | 12.7 | 29.5 | 8.0 | -64.6 |
Green = margin-favorable vs the row's own range · red = unfavorable.
The metrics that matter, over time
A 30-second read on FMC: price, valuation, headline fundamentals, and an auto-generated scorecard from SEC filings. Flags are rule-based signals, not recommendations.