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Fmc vs Innospec: revenue, profit, margins and growth compared

Fmc brought in $3.5B of revenue in fiscal 2025, Innospec $1.8B in fiscal 2025. Revenue changed by -18.3% at Fmc and -3.7% at Innospec on the year before, so Innospec grew faster. Fmc kept -64.6% of its revenue as net profit, Innospec 6.6%. Free cash flow was -$102.5M at Fmc and $88M at Innospec.

Side by side, latest fiscal year

FMCIOSP
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$3.5B$1.8B
Revenue growth-18.3%-3.7%
Net income-$2.2B$116.6M
Net margin-64.6%6.6%
Free cash flow-$102.5M$88M
Free cash flow margin-3.0%4.9%
Earnings per share (diluted)-$17.88$4.67
Cash$584.5M$292.5M
Debt$3.4Bn/a
Price to earningsn/a21.1
Market value$1.2B$2.4B
Dividend yield19.00%1.73%
Rank by revenue in sector#159 of 451 · Industrials#231 of 451 · Industrials

Over the years

Revenue
FMC FY2018: $4.7BFMC FY2019: $4.6BFMC FY2020: $4.6BFMC FY2021: $5BFMC FY2022: $5.8BFMC FY2023: $4.5BFMC FY2024: $4.2BFMC FY2025: $3.5BIOSP FY2018: $1.5BIOSP FY2019: $1.5BIOSP FY2020: $1.2BIOSP FY2021: $1.5BIOSP FY2022: $2BIOSP FY2023: $1.9BIOSP FY2024: $1.8BIOSP FY2025: $1.8BFY18FY19FY20FY21FY22FY23FY24FY25
FMC $3.5BIOSP $1.8B
Net income
FMC FY2018: $502.1MFMC FY2019: $477.4MFMC FY2020: $552.4MFMC FY2021: $739.6MFMC FY2022: $736.5MFMC FY2023: $1.3BFMC FY2024: $341.1MFMC FY2025: -$2.2BIOSP FY2018: $85MIOSP FY2019: $112.2MIOSP FY2020: $28.7MIOSP FY2021: $93.1MIOSP FY2022: $133MIOSP FY2023: $139.1MIOSP FY2024: $35.6MIOSP FY2025: $116.6MFY18FY19FY20FY21FY22FY23FY24FY25
FMC -$2.2BIOSP $116.6M
Net margin
FMC FY2018: 10.6%FMC FY2019: 10.4%FMC FY2020: 11.9%FMC FY2021: 14.7%FMC FY2022: 12.7%FMC FY2023: 29.5%FMC FY2024: 8.0%FMC FY2025: -64.6%IOSP FY2018: 5.8%IOSP FY2019: 7.4%IOSP FY2020: 2.4%IOSP FY2021: 6.3%IOSP FY2022: 6.8%IOSP FY2023: 7.1%IOSP FY2024: 1.9%IOSP FY2025: 6.6%FY18FY19FY20FY21FY22FY23FY24FY25
FMC -64.6%IOSP 6.6%
Revenue growth
FMC FY2019: -2.5%FMC FY2020: +0.7%FMC FY2021: +8.7%FMC FY2022: +15.0%FMC FY2023: -22.7%FMC FY2024: -5.4%FMC FY2025: -18.3%IOSP FY2019: +2.5%IOSP FY2020: -21.2%IOSP FY2021: +24.3%IOSP FY2022: +32.4%IOSP FY2023: -0.8%IOSP FY2024: -5.3%IOSP FY2025: -3.7%FY19FY20FY21FY22FY23FY24FY25
FMC -18.3%IOSP -3.7%
Free cash flow
FMC FY2018: $279.7MFMC FY2019: $461.7MFMC FY2020: $669.6MFMC FY2021: $798.5MFMC FY2022: $517.7MFMC FY2023: -$434.2MFMC FY2024: $668.8MFMC FY2025: -$102.5MIOSP FY2018: $76MIOSP FY2019: $131.7MIOSP FY2020: $116.2MIOSP FY2021: $54.1MIOSP FY2022: $42.1MIOSP FY2023: $145.2MIOSP FY2024: $143.1MIOSP FY2025: $88MFY18FY19FY20FY21FY22FY23FY24FY25
FMC -$102.5MIOSP $88M

Fiscal years as each company reports them; the two may end in different months.

Questions about Fmc and Innospec

Which is bigger by revenue, Fmc or Innospec?

Fmc is bigger by revenue: $3.5B in fiscal 2025, against $1.8B for Innospec in fiscal 2025.

Which keeps more of its revenue as profit, Fmc or Innospec?

Fmc had a net margin of -64.6% in fiscal 2025; Innospec had 6.6% in fiscal 2025.

Which grew revenue faster, Fmc or Innospec?

In their latest fiscal years revenue changed by -18.3% at Fmc and -3.7% at Innospec.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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