Highest-materiality recent filing
FMC prices $1.2B 8.000% senior secured notes due 2031 to refinance existing debt
$1.2B aggregate principal amount of 8.000% senior secured notes due 2031, priced at par.
FMC proposes $750M senior secured notes due 2031 to refinance debt
$750M aggregate principal amount of senior secured notes due 2031.
FMC Q1 net loss $281M, Adj EBITDA $72M above guidance; reaffirms FY outlook
Revenue $759M (-4% YoY); GAAP EPS $(2.25); adj EPS $(0.23); adj EBITDA $72M (-40%).
FMC Corp. amends credit agreement, adds secured leverage covenant and obtains waiver for Q1 2026
Amendment No. 6 to Fifth Amended and Restated Credit Agreement dated April 16, 2026.
FMC explores strategic options including sale; Q4 net loss $1.72B on impairment
Board authorized exploration of strategic options including a sale to unlock shareholder value.
FMC announces Project Foundation restructuring with $560-635M charges; goodwill impairment expected
Project Foundation to deliver $175M+ annual run-rate savings by end-2027; exits high-cost plants, Asia cuts.
FMC amends credit agreement, extends covenant relief through 2028; adds springing lien trigger
Covenant relief period extended to earlier of Dec 31, 2028 or notice; leverage ratio steps down from 6.00x to 3.75x.
FMC Q3 revenue -49% YoY to $542M; cuts dividend to $0.08/share
GAAP net loss $569M ($4.52/diluted share) vs loss of $65M in Q3 2024, driven by $510M India-related charges.
FMC Q2 adjusted EPS $0.69 +10% YoY; announces divestiture of India commercial business
Q2 revenue $1.05B (+1% YoY), organic +2%; GAAP net income $67M ($0.53/diluted share) down 77% due to prior-year tax gains.
FMC Corp issues $750M of 8.450% subordinated notes due 2055
$750M aggregate principal of 8.450% Fixed-to-Fixed Reset Rate Subordinated Notes due 2055.
FMC Q1 revenue down 14% to $791M; GAAP EPS -$0.12; reaffirms FY guidance
Q1 revenue $791M (-14% YoY, -10% organic); GAAP net loss $16M ($0.12 loss per share).
FMC Q4 revenue up 7% to $1.22B; adj EPS $1.79; FY24 cash flow surges; 2025 outlook flat
Q4 revenue $1.22B (+7% YoY, +12% organic); adj EBITDA $339M (+33%), $3M above guidance midpoint.
FMC extends covenant relief period to Dec 2027, amends leverage/interest coverage thresholds
Covenant Relief Period Termination Date extended to December 31, 2027.
FMC Q3 2024 beats; revenue $1.07B, adj EPS $0.69, reaffirms FY guidance adjusted for GSS sale
Revenue $1.07B (+9% YoY, organic +12%); volume up 17% offset by price -5% and FX -3%.
FMC Q2 revenue up 2%, adjusted EPS $0.63 (+26% YoY); lowers full-year guidance
Q2 revenue $1.04B (+2% YoY); GAAP net income $295M ($2.35 EPS) boosted by Swiss tax incentives.
FMC sells Global Specialty Solutions to Envu for $350M; proceeds to debt reduction
Purchase price $350M, subject to working capital adjustment.
FMC appoints Pierre Brondeau as CEO; Mark Douglas steps down, guidance reaffirmed
Pierre Brondeau appointed CEO and Chairman, effective June 11, 2024; succeeds Mark Douglas who resigned as President and CEO.
FMC Corporation (the “ Company ”) announced the passing of Dirk A. Kempthorne, a member of our board of directors (the “ Board ”) since 2009.
On April 22, 2025, the Company announced that Sara Velazquez Ponessa has been named Executive Vice President, General Counsel and Corporate Secretary succeeding Mr. Reilly, effective June 1, 2025.
On April 22, 2025, FMC Corporation (“FMC” or the “Company”) announced that Mr. Michael F. Reilly will retire from his positions as Executive Vice President, General Counsel, Chief Compliance Officer and Secretary of the Company effective June 1, 2025, and retire fully from the Company effective July 1, 2025.
The Board of Directors of FMC Corporation (“Company”) has elected John M. Raines as a director of the Company effective July 15, 2024.
He succeeds Mark A. Douglas, who has stepped down from his roles as President and Chief Executive Officer and resigned as a member of the Board.
The Board of Directors (the “Board”) of FMC Corporation (the “Company”) has appointed Pierre R. Brondeau as Chief Executive Officer in addition to his role as Chairman of the Board.
In addition, the Board has appointed Ronaldo Pereira to the role of President of the Company.
Max materiality 0.95 · Median 0.60 · Most common event debt