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Dec 31, 2021
FMC Q4 2021 Earnings Report
FMC Corporation reported record fourth quarter results, driven by strong demand and pricing actions.
Key Takeaways
FMC Corporation reported record fourth quarter 2021 results with revenue of $1.41 billion, an increase of 23 percent versus fourth quarter 2020. On a GAAP basis, the company reported earnings of $1.52 per diluted share in the fourth quarter. Adjusted earnings were $2.16 per diluted share, an increase of 52 percent versus fourth quarter 2020.
Revenue of $1.41 billion, an increase of 23 percent versus Q4 2020, and up 25 percent organically.
Consolidated GAAP net income of $187 million, up 296 percent versus Q4 2020.
Adjusted EBITDA of $377 million, up 30 percent versus Q4 2020.
Adjusted earnings per diluted share of $2.16, up 52 percent versus Q4 2020.
Forward Guidance
The company is forecasting full-year 2022 revenue to be in the range of $5.25 billion to $5.55 billion, an increase of 7 percent at the midpoint versus 2021 driven by volume and price growth in all regions partially offset by currency headwinds. Full-year adjusted EBITDA is expected to be in the range of $1.32 billion to $1.48 billion, representing 6 percent year-over-year growth at the midpoint.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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