FMC Corp
FMC: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.$h%#@Z | LOCK|L@ | LOCK|tf@ |
FMC's New Products Poised for Long-Term Growth, but Patent Expirations Create Near-Term Uncertainty
Business Strategy and Outlook
FMC is a pure-play crop chemical producer. It is one of the five largest patented crop protection companies globally. FMC built its portfolio largely through acquisition. The firm acquired Cheminova in 2015 and DuPont's crop chemical portfolio in 2017. At the same time, it divested its nonagriculture businesses.
