FMC Corp. - S&P Global Ratings’ Credit Research

FMC Corp.

FMC Corp. - S&P Global Ratings’ Credit Research
FMC Corp.
Published Jun 28, 2021
13 pages (4159 words) — Published Jun 28, 2021
Price US$ 500.00  |  Buy this Report Now

About This Report

  
Abstract:

The stable outlook reflects our current view that FMC's credit metrics will be appropriate for the rating on a weighted-average basis. We anticipate that the ratio of funds from operations (FFO) to total debt will be in the 20%-30% range. We believe the company will utilize its free cash flow generation to fund growth initiatives and will return cash to shareholders in the form of dividend payouts and share repurchases. We would expect the company to grow more quickly than the GDP, primarily because of its new product introductions and cross-selling opportunities. As a result of new, higher-margin product introductions and the essential nature of many of its products to farmers, we expect the company will gradually improve its EBITDA

  
Brief Excerpt:

...(Editor's Note: The original version of this report misstated the Industry and Financial Risk scores. A corrected version follows.)...

  
Report Type:

Full Report

Ticker
Issuer
GICS
Fertilizers & Agricultural Chemicals (15101030)
Sector
Global Issuers
Country
Region
Format:
PDF Adobe Acrobat
Buy Now

More from S&P Global Ratings’ Credit Research

S&P Global Ratings’ Credit Research—S&P Global Ratings’ credit research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P Global Ratings also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.

About the Author


Cite this Report

  
MLA:
S&P Global Ratings’ Credit Research. "FMC Corp." Jun 28, 2021. Alacra Store. May 20, 2025. <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-2687316>
  
APA:
S&P Global Ratings’ Credit Research. (). FMC Corp. Jun 28, 2021. New York, NY: Alacra Store. Retrieved May 20, 2025 from <http://www.alacrastore.com/s-and-p-credit-research/FMC-Corp-2687316>
  
US$ 500.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Credit Research from one place.