Fmc corporation announces 2024 fourth quarter and full year results, provides 2025 outlook

Fourth quarter results benefited from 7 percent sales growth and continued cost favorability; company reported a strong year of cash generation with  over $1 billion improvement in cash from operations fourth quarter 2024 highlights revenue of $1.22 billion, an increase of 7 percent versus q4 2023 and up 12 percent organically1 consolidated gaap net loss of $16 million, down 101 percent versus q4 2023 adjusted ebitda of $339 million, up 33 percent versus prior year, $3 million higher than guidance midpoint consolidated gaap loss of $0.13 per diluted share, down 101 percent versus q4 2023 adjusted earnings of $1.79 per diluted share, up 67 percent versus q4 2023 full-year 2024 highlights revenue of $4.25 billion lower by 5 percent versus prior year and down 3 percent organically1 consolidated gaap net income of $342 million, down 74 percent versus 2023 adjusted ebitda of $903 million, down 8 percent versus 2023 consolidated gaap earnings of $2.72 per diluted share, down 74 percent versus 2023 adjusted earnings of $3.48 per diluted share, down 8 percent versus 2023 consolidated gaap cash flow from operations of $737 million, an increase of $1.04 billion versus 2023 free cash flow of $614 million, an increase of $1.14 billion versus 2023 full-year 2025 outlook 2 revenue of $4.15 billion to $4.35 billion, essentially flat to prior year at the midpoint; growth of 3 percent, excluding the impact of the global specialty solutions (gss) business divestiture adjusted ebitda of $870 million to $950 million, an increase of 1 percent versus prior year at the midpoint and an increase of 4 percent, excluding the impact from the gss divestiture cogs tailwinds of $175 million to $200 million expected due to raw material deflation, favorable fixed cost absorption and further benefits from restructuring actions adjusted earnings per diluted share of $3.26 to $3.70, flat at the midpoint to the prior year free cash flow is forecasted to be $200 million to $400 million, reflecting a decline of 51 percent at the midpoint philadelphia , feb. 4, 2025 /prnewswire/ -- fmc corporation (nyse: fmc) today reported fourth quarter 2024 revenue of $1.22 billion, an increase of 7 percent versus fourth quarter 2023 as volume growth, mainly from the company's growth portfolio3, more than offset fx headwinds and lower price. excluding the impact of foreign currencies, organic revenue increased 12 percent year-over-year.
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