FMC (FMC) Debt-to-Equity: 2.49 (As of Mar. 2026) — 124% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FMC FMC Corp FMC
43 GF Score
Price $11.37
GF Value $41.46
Valuation Possible Value Trap
! 11 Warning Signs
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What is FMC Debt-to-Equity?

FMC FMC +1.61% 43 Debt-to-Equity is 2.49 as of Mar. 2026, which is 124% above its 10-year median of 1.11. GuruFocus rates FMC with a GF Score™ of 43/100 and a GF Value™ of $41.46 (Possible Value Trap). The stock has 11 warning signs investors should review. Among 228 Agriculture companies, FMC ranks worse than 95.61% on this metric.

FMC's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,763 Mil. FMC's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2,771 Mil. FMC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,822 Mil. FMC's debt to equity for the quarter that ended in Mar. 2026 was 2.49.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for FMC's Debt-to-Equity or its related term are showing as below:

FMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.78   Med: 1.11   Max: 2.49
Current: 2.49

During the past 13 years, the highest Debt-to-Equity Ratio of FMC was 2.49. The lowest was 0.78. And the median was 1.11.

FMC's Debt-to-Equity is ranked worse than
95.61% of 228 companies
in the Agriculture industry
Industry Median: 0.35 vs FMC: 2.49

FMC  (NYSE:FMC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


FMC Debt-to-Equity Related Terms


FMC Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for FMC's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

FMC Debt-to-Equity Chart

FMC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.07 1.01 0.93 0.78 2.03

FMC Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.91 0.95 1.20 2.03 2.49

FMC vs UAN, IPI, VRDR: Debt-to-Equity Comparison

For the Agricultural Inputs subindustry, FMC's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


FMC Debt-to-Equity vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, FMC's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where FMC's Debt-to-Equity falls into.


FMC
43GF Score
FMC Corp FMC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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FMC Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

FMC's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

FMC's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.49 mean?
FMC (FMC) has a Debt-to-Equity of 2.49 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FMC and its competitors. This is 124% above median its historical median of 1.11. Over the past decade, FMC's Debt-to-Equity has ranged from 0.78 to 2.49. According to the industry distribution chart, FMC ranks #218 out of 228 companies in the Agriculture industry, placing it in the top 95.6%.
Is FMC's Debt-to-Equity too high?
FMC's current Debt-to-Equity of 2.49 is 124% above median its 10-year median of 1.11. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 2.49. The Agriculture industry median Debt-to-Equity is 0.35. FMC's value of 2.49 is 611.4% above this industry median. Based on the distribution chart, FMC ranks #218 out of 228 companies in the Agriculture industry, which is in the bottom quartile relative to peers. Overall, FMC has a GF Score™ of 43/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does FMC's Debt-to-Equity compare to UAN and IPI?
According to the Agriculture industry distribution chart, FMC ranks #218 out of 228 companies for Debt-to-Equity. This places FMC in the lower half of its industry. The industry median Debt-to-Equity is 0.35. FMC's value of 2.49 is 611.4% above this benchmark. Historically, FMC's own Debt-to-Equity has ranged from 0.78 to 2.49 over the past decade. While the company's 10-year median is 1.11 vs. the industry median of 0.35, FMC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Agriculture company?
The median Debt-to-Equity among Agriculture companies is 0.35, based on 228 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. FMC's current Debt-to-Equity of 2.49 is 611.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FMC and its competitors. For the Agriculture industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FMC's current Debt-to-Equity is 2.49, which is 124% above median its own 10-year median of 1.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FMC stock overvalued right now?
Based on GuruFocus' analysis, FMC (FMC) is currently considered Possible Value Trap. The stock's GF Value™ is $41.46, compared to a current price of $11.37 — trading 72.6% below its estimated fair value. The current Debt-to-Equity is 2.49, which is 124% above median its 10-year median of 1.11 and 611.4% above the Agriculture industry median of 0.35. FMC's overall GF Score™ is 43/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For FMC (FMC), the current Debt-to-Equity is 2.49 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is FMC (FMC) Overvalued in 2026?

Based on GuruFocus' analysis, FMC stock appears to be undervalued. The current stock price of $11.37 is trading 72.6% below its estimated GF Value™ of $41.46. GuruFocus considers FMC to be Possible Value Trap.

Key valuation signals for FMC:

  • Debt-to-Equity: 2.49 (124% above median its 10-year median of 1.11)
  • GF Value™: $41.46 vs. price of $11.37 (72.6% below fair value)
  • GF Score™: 43/100 with 11 warning signs
  • Industry Position: 611.4% above the Agriculture median (#218 of 228)

No single metric tells the full story. See the FMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


FMC Business Description

Address 2929 Walnut Street, Philadelphia, PA, USA, 19104
FMC is a pure-play global crop protection company with a fairly balanced product portfolio across geographies and crop exposure. Through acquisitions, FMC is now one of the five largest patented crop protection companies and focuses on the development of new products, including biologicals, through its research and development pipeline.
43GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$11.37
Price
$41.46
GF Value