Fmc corporation delivers record fourth quarter and full-year 2022 results, guides strong growth for 2023
Fourth quarter performance driven by volume and pricing gains; 2023 outlook reflects pricing momentum and robust demand. fourth quarter 2022 highlights revenue of $1.62 billion, an increase of 15 percent versus q4 2021 and up 17 percent organically1 consolidated gaap net income of $280 million, up 52 percent versus q4 2021 adjusted ebitda of $432 million, up 17 percent versus q4 2021 consolidated gaap earnings of $2.17 per diluted share, up 45 percent versus q4 2021 adjusted earnings per diluted share of $2.37, up 12 percent versus q4 2021 full-year 2022 highlights revenue of $5.8 billion, reflecting 15 percent growth and up 18 percent organically1 consolidated gaap net income of $742 million, up 1 percent versus 2021 adjusted ebitda of $1.407 billion, up 7 percent versus 2021 consolidated gaap earnings of $5.81 per diluted share, up 1 percent versus 2021 adjusted earnings per diluted share of $7.41, up 8 percent versus 2021 consolidated gaap cash flow from operations of $660 million, down 27 percent versus 2021 free cash flow of $514 million, down 28 percent versus 2021 returned $367 million to shareholders, including $100 million in share repurchases full-year 2023 outlook 2 revenue in the range of $6.08 to $6.22 billion, reflecting 6 percent growth at the midpoint adjusted ebitda in the range of $1.48 to $1.56 billion, reflecting 8 percent growth at the midpoint adjusted earnings per diluted share in the range of $7.20 to $8.00, reflecting 3 percent growth at the midpoint versus 2022, excluding any impact from potential 2023 share repurchases free cash flow is expected to be in the range of $530 to $720 million philadelphia , feb. 7, 2023 /prnewswire/ -- fmc corporation (nyse: fmc ) today reported fourth quarter 2022 revenue of $1.62 billion, an increase of 15 percent versus fourth quarter 2021, driven by robust volume and strong pricing.
FMC Ratings Summary
FMC Quant Ranking
You've reached your free article limit.
Want To Read More Articles?
See what it all means for your stocks with premium tools
Stockprices is a weekly video covering what moved markets
this week, featuring a panel of Stockprices editors. It is published by the
close of trading on Fridays. Hosted by Nathaniel E. Baker, contributing editor,
and featuring: Aaron Task, VP Contributor Content and co-host Stockprices's Alpha
Trader podcast; Brad Olesen, VP News; Steve Alpher, Managing Editor News, co-host
Alpha Trader.
Unsubscribe From All
You successfully activated
“Only Essentials”
Confirm Upgrade
Your subscription will be moved to the annual plan. Service will automatically renew unless cancelled. No Refunds. Click upgrade to confirm.
Stockprices uses Plaid to connect you account
Connect effortlessly
Plaid lets you securely connect your financial accounts in seconds
Your data belongs to you
Plaid doesn't sell personal info, and will only use it with your permission