Freeport-McMoRan Inc. (FCX) 10-Year Financial Performance & Capital Metrics

FCX • • Industrial / General

Basic MaterialsCopperIntegrated Copper Mining & ProcessingGlobal Integrated Copper Producers

AboutFreeport-McMoRan Inc. engages in the mining of mineral properties in North America, South America, and Indonesia. The company primarily explores for copper, gold, molybdenum, silver, and other metals, as well as oil and gas. Its assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Tyrone and Chino in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile. The company also operates a portfolio of oil and gas properties primarily located in offshore California and the Gulf of Mexico. As of December 31, 2021, it operated approximately 135 wells. The company was formerly known as Freeport-McMoRan Copper & Gold Inc. and changed its name to Freeport-McMoRan Inc. in July 2014. Freeport-McMoRan Inc. was incorporated in 1987 and is headquartered in Phoenix, Arizona.Show more

Revenue $25.45B +12.1%
EBITDA $9.11B +11.7%
Net Income $1.88B +2.2%
EPS (Diluted) 1.30 +1.8%
Gross Margin 29.48% -2.7%
EBITDA Margin 35.77% -0.4%
Operating Margin 26.97% +0.7%
Net Margin 7.4% -8.8%
ROE 6.71% -4.9%
ROIC 15.37% +1.2%
Debt/Equity 0.34 -6.2%
Interest Coverage 21.52 +82.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 85 (top 15%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.1%
✓Healthy 5Y average net margin of 10.8%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

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Growth Metrics

Revenue CAGR

10Y1.83%

5Y12.14%

3Y4.42%

TTM3.71%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-24.06%

TTM4.08%

EPS CAGR

10Y-

5Y-

3Y-23.47%

TTM3.99%

ROCE

10Y Avg9.78%

5Y Avg13.85%

3Y Avg14.99%

Latest14.29%

Peer Comparison

Global Integrated Copper Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FCXFreeport-McMoRan Inc.	86.1B	59.96	46.12	12.1%	7.95%	6.8%	2.73%	0.34
SCCOSouthern Copper Corporation	149.87B	182.97	43.46	15.54%	30.98%	36.33%	2.26%	0.76

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	14.96B	14.6B	15.86B	18.97B	14.36B	13.87B	22.36B	23.33B	22.71B	25.45B
Revenue Growth %	-0.3%	-0.02%	0.09%	0.2%	-0.24%	-0.03%	0.61%	0.04%	-0.03%	0.12%
Cost of Goods Sold+	14.36B	13.32B	11.76B	13.23B	13.17B	11.47B	14.07B	15.24B	15.83B	17.95B
COGS % of Revenue	0.96%	0.91%	0.74%	0.7%	0.92%	0.83%	0.63%	0.65%	0.7%	0.71%
Gross Profit+	597M	1.28B	4.1B	5.74B	1.19B	2.41B	8.29B	8.09B	6.88B	7.5B
Gross Margin %	0.04%	0.09%	0.26%	0.3%	0.08%	0.17%	0.37%	0.35%	0.3%	0.29%
Gross Profit Growth %	-0.89%	1.15%	2.2%	0.4%	-0.79%	1.03%	2.44%	-0.02%	-0.15%	0.09%
Operating Expenses+	636M	542M	716M	532M	519M	513M	474M	541M	798M	640M
OpEx % of Revenue	0.04%	0.04%	0.05%	0.03%	0.04%	0.04%	0.02%	0.02%	0.04%	0.03%
Selling, General & Admin	558M	522M	472M	443M	414M	354M	383M	420M	479M	513M
SG&A % of Revenue	0.04%	0.04%	0.03%	0.02%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	78M	20M	244M	89M	105M	159M	91M	121M	319M	127M
Operating Income+	-39M	740M	3.38B	5.21B	669M	1.89B	7.81B	7.55B	6.08B	6.86B
Operating Margin %	-0%	0.05%	0.21%	0.27%	0.05%	0.14%	0.35%	0.32%	0.27%	0.27%
Operating Income Growth %	-1.01%	19.97%	3.57%	0.54%	-0.87%	1.83%	3.13%	-0.03%	-0.19%	0.13%
EBITDA+	3.2B	3.27B	5.09B	6.96B	2.08B	3.42B	9.81B	9.57B	8.15B	9.11B
EBITDA Margin %	0.21%	0.22%	0.32%	0.37%	0.14%	0.25%	0.44%	0.41%	0.36%	0.36%
EBITDA Growth %	-0.62%	0.02%	0.56%	0.37%	-0.7%	0.64%	1.87%	-0.02%	-0.15%	0.12%
D&A (Non-Cash Add-back)	3.24B	2.53B	1.71B	1.75B	1.41B	1.53B	2B	2.02B	2.07B	2.24B
EBIT	-13.51B	-2.72B	3.56B	4.47B	838M	2.4B	8.26B	7.28B	6.52B	7.23B
Net Interest Income+	-617M	-755M	-656M	-575M	-532M	-598M	-602M	-560M	-515M	-319M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	617M	755M	656M	575M	532M	598M	602M	560M	515M	319M
Other Income/Expense	-14.09B	-4.2B	-469M	-1.31B	-351M	-84M	-149M	-806M	-62M	58M
Pretax Income+	-14.13B	-3.46B	2.91B	3.9B	318M	1.81B	7.66B	6.75B	6.02B	6.92B
Pretax Margin %	-0.94%	-0.24%	0.18%	0.21%	0.02%	0.13%	0.34%	0.29%	0.27%	0.27%
Income Tax+	-1.95B	371M	883M	991M	510M	944M	2.3B	2.27B	2.27B	2.52B
Effective Tax Rate %	0.87%	1.14%	0.6%	0.67%	-0.77%	0.33%	0.56%	0.51%	0.31%	0.27%
Net Income+	-12.24B	-3.96B	1.76B	2.61B	-245M	596M	4.3B	3.46B	1.84B	1.88B
Net Margin %	-0.82%	-0.27%	0.11%	0.14%	-0.02%	0.04%	0.19%	0.15%	0.08%	0.07%
Net Income Growth %	-8.34%	0.68%	1.44%	0.49%	-1.09%	3.43%	6.21%	-0.19%	-0.47%	0.02%
Net Income (Continuing)	-12.18B	-3.83B	2.03B	2.91B	-192M	865M	5.37B	4.48B	3.75B	4.4B
Discontinued Operations	12M	-58M	5M	0	0	0	0	0	0	0
Minority Interest	4.98B	3.21B	3.32B	7.89B	8.15B	8.49B	9.04B	9.32B	10.62B	11.2B
EPS (Diluted)+	-11.31	-3.00	1.21	1.79	-0.17	0.41	2.90	2.39	1.28	1.30
EPS Growth %	-7.98%	0.73%	1.4%	0.48%	-1.09%	3.42%	6.11%	-0.18%	-0.46%	0.02%
EPS (Basic)	-11.31	-3.00	1.21	1.80	-0.17	0.41	2.93	2.40	1.28	1.31
Diluted Shares Outstanding	1.08B	1.32B	1.45B	1.46B	1.45B	1.46B	1.48B	1.45B	1.44B	1.45B
Basic Shares Outstanding	1.08B	1.32B	1.45B	1.45B	1.45B	1.45B	1.47B	1.44B	1.43B	1.45B
Dividend Payout Ratio	-	-	0%	0.08%	-	0.12%	0.08%	0.25%	0.47%	0.46%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	7.46B	10.44B	10.78B	10.72B	7.8B	9.3B	14.83B	15.61B	14.06B	13.3B
Cash & Short-Term Investments	177M	4.25B	4.53B	4.22B	2.02B	3.66B	8.07B	8.15B	4.76B	3.92B
Cash Only	177M	4.25B	4.53B	4.22B	2.02B	3.66B	8.07B	8.15B	4.76B	3.92B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	689M	1.22B	1.67B	1.32B	1.17B	1.41B	1.74B	1.79B	1.66B	1.14B
Days Sales Outstanding	16.81	30.38	38.32	25.44	29.67	37.15	28.44	28.08	26.75	16.38
Inventory	4.79B	3.64B	3.89B	4.76B	3.96B	3.89B	4.5B	5.18B	6.06B	6.81B
Days Inventory Outstanding	121.68	99.83	120.82	131.33	109.71	123.93	116.66	124.05	139.76	138.42
Other Current Assets	2.54B	543M	577M	422M	655M	341M	523M	492M	1.58B	1.42B
Total Non-Current Assets+	39.12B	26.88B	26.52B	31.97B	33.01B	32.84B	33.19B	35.48B	38.44B	41.55B
Property, Plant & Equipment	34.6B	23.29B	22.84B	28.48B	29.58B	29.82B	30.34B	32.63B	35.3B	38.51B
Fixed Asset Turnover	0.43x	0.63x	0.69x	0.67x	0.49x	0.47x	0.74x	0.72x	0.64x	0.66x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	316M	305M	306M	398M	402M	401M	412M	416M	422M	428M
Long-Term Investments	339M	303M	262M	316M	303M	295M	232M	262M	207M	456M
Other Non-Current Assets	-431M	-787M	-511M	-1.26B	3.42B	3.02B	2.85B	-2.09B	2.52B	2.15B
Total Assets+	46.58B	37.32B	37.3B	42.69B	40.81B	42.14B	48.02B	51.09B	52.51B	54.85B
Asset Turnover	0.32x	0.39x	0.43x	0.44x	0.35x	0.33x	0.47x	0.46x	0.43x	0.46x
Asset Growth %	-0.21%	-0.2%	-0%	0.14%	-0.04%	0.03%	0.14%	0.06%	0.03%	0.04%
Total Current Liabilities+	4.31B	4.26B	5.04B	3.32B	3.21B	3.42B	5.89B	6.34B	5.82B	5.5B
Accounts Payable	2.25B	1.54B	1.55B	1.66B	1.65B	1.47B	2.04B	2.7B	2.47B	2.79B
Days Payables Outstanding	57.2	42.21	47.98	45.84	45.85	46.89	52.79	64.69	56.87	56.71
Short-Term Debt	649M	1.23B	1.41B	17M	5M	34M	372M	1.04B	850M	41M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	920M	961M	925M	1.1B	505M	442M	454M	463M	1.08B	1.13B
Current Ratio	1.73x	2.45x	2.14x	3.23x	2.43x	2.72x	2.52x	2.46x	2.42x	2.42x
Quick Ratio	0.62x	1.59x	1.37x	1.80x	1.20x	1.58x	1.75x	1.64x	1.38x	1.18x
Cash Conversion Cycle	81.28	88	111.16	110.94	93.53	114.19	92.31	87.45	109.64	98.09
Total Non-Current Liabilities+	29.46B	23.8B	20.97B	21.88B	20.15B	20.06B	19.11B	19.88B	19.38B	20.57B
Long-Term Debt	19.68B	14.79B	11.81B	11.12B	9.82B	9.68B	9.08B	9.58B	8.66B	8.91B
Capital Lease Obligations	0	0	0	0	204M	190M	281M	294M	347M	692M
Deferred Tax Liabilities	4.29B	3.77B	3.62B	4.87B	4.21B	4.41B	4.23B	4.27B	4.45B	4.38B
Other Non-Current Liabilities	9.79B	5.23B	9.28B	9.87B	5.92B	5.78B	5.52B	5.73B	5.92B	6.6B
Total Liabilities	33.77B	28.06B	26.01B	25.2B	23.36B	23.48B	25B	26.22B	25.2B	26.07B
Total Debt+	20.43B	16.03B	13.12B	11.14B	10.07B	9.94B	9.77B	10.95B	9.85B	9.74B
Net Debt	20.2B	11.78B	8.67B	6.92B	8.05B	6.28B	1.7B	2.81B	5.09B	5.82B
Debt / Equity	1.59x	1.73x	1.16x	0.64x	0.58x	0.53x	0.42x	0.44x	0.36x	0.34x
Debt / EBITDA	6.38x	4.90x	2.57x	1.60x	4.84x	2.91x	1.00x	1.14x	1.21x	1.07x
Net Debt / EBITDA	6.31x	3.60x	1.70x	0.99x	3.87x	1.84x	0.17x	0.29x	0.63x	0.64x
Interest Coverage	-0.06x	0.98x	5.15x	9.06x	1.26x	3.17x	12.98x	13.49x	11.81x	21.52x
Total Equity+	12.81B	9.26B	11.3B	17.49B	17.45B	18.67B	23.02B	24.87B	27.31B	28.78B
Equity Growth %	-0.45%	-0.28%	0.22%	0.55%	-0%	0.07%	0.23%	0.08%	0.1%	0.05%
Book Value per Share	11.84	7.02	7.77	12.00	12.02	12.78	15.53	17.14	18.93	19.92
Total Shareholders' Equity	7.83B	6.05B	7.98B	9.6B	9.3B	10.17B	13.98B	15.55B	16.69B	17.58B
Common Stock	137M	157M	158M	158M	158M	159M	160M	161M	162M	162M
Retained Earnings	-12.39B	-16.54B	-14.72B	-12.39B	-12.28B	-11.68B	-7.38B	-3.91B	-2.06B	-170M
Treasury Stock	-3.7B	-3.71B	-3.72B	-3.73B	-3.73B	-3.76B	-4.29B	-5.7B	-5.77B	-5.89B
Accumulated OCI	-503M	-548M	-487M	-605M	-676M	-583M	-388M	-320M	-274M	-314M
Minority Interest	4.98B	3.21B	3.32B	7.89B	8.15B	8.49B	9.04B	9.32B	10.62B	11.2B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	3.22B	3.73B	4.68B	3.86B	1.48B	3.02B	7.71B	5.14B	5.28B	7.16B
Operating CF Margin %	0.22%	0.26%	0.3%	0.2%	0.1%	0.22%	0.35%	0.22%	0.23%	0.28%
Operating CF Growth %	-0.43%	0.16%	0.26%	-0.17%	-0.62%	1.04%	1.56%	-0.33%	0.03%	0.36%
Net Income	-12.09B	-3.83B	2.04B	2.53B	-192M	865M	5.37B	4.48B	1.85B	4.4B
Depreciation & Amortization	16.77B	6.42B	1.73B	1.75B	1.17B	1.22B	1.92B	2.02B	2.07B	2.24B
Stock-Based Compensation	85M	86M	71M	76M	63M	99M	98M	95M	109M	109M
Deferred Taxes	-2.04B	239M	-317M	-178M	59M	162M	-171M	36M	182M	-76M
Other Non-Cash Items	17.1B	7.16B	2.08B	145M	33M	2M	-254M	38M	1.95B	516M
Working Capital Changes	161M	67M	813M	-460M	349M	665M	755M	-1.53B	-880M	-29M
Change in Receivables	813M	-175M	427M	649M	119M	132M	-472M	56M	166M	460M
Change in Inventory	379M	117M	-393M	-631M	259M	42M	-618M	-573M	-873M	-638M
Change in Payables	-217M	-28M	110M	-106M	-60M	132M	495M	-73M	-161M	143M
Cash from Investing+	-6.25B	3.55B	-1.36B	-5.02B	-2.1B	-1.26B	-1.96B	-3.44B	-4.96B	-5.03B
Capital Expenditures	-6.35B	-2.81B	-1.41B	-2.07B	-2.65B	-1.96B	-2.12B	-3.47B	-4.82B	-4.81B
CapEx % of Revenue	0.42%	0.19%	0.09%	0.11%	0.18%	0.14%	0.09%	0.15%	0.21%	0.19%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-6.25B	-110M	-1.36B	93M	97M	-9M	184M	-160M	-132M	-10M
Cash from Financing+	2.79B	-3.17B	-3.06B	900M	-1.56B	-128M	-1.34B	-1.62B	-2.65B	-3.28B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-605M	-6M	-2M	-218M	-291M	-73M	-331M	-866M	-863M	-865M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-140M	-731M	-196M	-297M	53M	138M	-261M	-581M	-585M	-1.84B
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.13B	916M	3.27B	1.79B	-1.17B	1.06B	5.6B	1.67B	455M	2.35B
FCF Margin %	-0.21%	0.06%	0.21%	0.09%	-0.08%	0.08%	0.25%	0.07%	0.02%	0.09%
FCF Growth %	-0.98%	1.29%	2.57%	-0.45%	-1.65%	1.9%	4.3%	-0.7%	-0.73%	4.17%
FCF per Share	-2.90	0.69	2.25	1.23	-0.81	0.72	3.78	1.15	0.32	1.63
FCF Conversion (FCF/Net Income)	-0.26x	-0.94x	2.67x	1.48x	-6.05x	5.06x	1.79x	1.48x	2.87x	3.80x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-67.93%	-35.88%	17.09%	18.15%	-1.4%	3.3%	20.63%	14.45%	7.06%	6.71%
Return on Invested Capital (ROIC)	-0.08%	2.05%	12.39%	17.64%	2.01%	5.63%	23.59%	21.62%	15.19%	15.37%
Gross Margin	3.99%	8.78%	25.84%	30.27%	8.28%	17.34%	37.07%	34.68%	30.3%	29.48%
Net Margin	-81.81%	-27.12%	11.07%	13.78%	-1.71%	4.3%	19.23%	14.83%	8.11%	7.4%
Debt / Equity	1.59x	1.73x	1.16x	0.64x	0.58x	0.53x	0.42x	0.44x	0.36x	0.34x
Interest Coverage	-0.06x	0.98x	5.15x	9.06x	1.26x	3.17x	12.98x	13.49x	11.81x	21.52x
FCF Conversion	-0.26x	-0.94x	2.67x	1.48x	-6.05x	5.06x	1.79x	1.48x	2.87x	3.80x
Revenue Growth	-29.54%	-2.42%	8.63%	19.61%	-24.31%	-3.37%	61.17%	4.37%	-2.69%	12.1%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Copper Cathode	-	-	4.56B	-	-	4.2B	5.9B	5.13B	6.63B	8.32B
Copper Cathode Growth	-	-	-	-	-	-	40.34%	-12.98%	29.12%	25.45%
Copper In Concentrates	-	4.5B	5.37B	-	-	4.29B	8.71B	9.65B	7.13B	6.73B
Copper In Concentrates Growth	-	-	19.35%	-	-	-	102.72%	10.86%	-26.15%	-5.63%
Gold	-	1.51B	2.03B	-	-	1.7B	2.58B	3.4B	3.47B	4.45B
Gold Growth	-	-	34.39%	-	-	-	51.59%	31.67%	2.21%	28.05%
Refined Copper Products	-	5.89B	2.27B	-	-	2.05B	3.37B	3.7B	3.66B	3.85B
Refined Copper Products Growth	-	-	-61.41%	-	-	-	64.18%	9.80%	-1.08%	5.25%
Molybdenum	348M	651M	889M	410M	344M	848M	1.28B	1.42B	2.01B	1.8B
Molybdenum Growth	-	87.07%	36.56%	-53.88%	-16.10%	146.51%	51.30%	10.37%	41.67%	-10.22%
Purchased Copper	-	-	-	-	-	821M	757M	481M	416M	693M
Purchased Copper Growth	-	-	-	-	-	-	-7.80%	-36.46%	-13.51%	66.59%
Other Products Or Services	-	973M	1.21B	-	-	592M	821M	688M	585M	631M
Other Products Or Services Growth	-	-	24.05%	-	-	-	38.68%	-16.20%	-14.97%	7.86%
Rod and Refining	4.13B	-	-	5.1B	4.46B	-	-	-	-	-
Rod and Refining Growth	-	-	-	-	-12.66%	-	-	-	-	-
Grasberg	2.62B	-	-	5.45B	2.71B	-	-	-	-	-
Grasberg Growth	-	-	-	-	-50.18%	-	-	-	-	-
Morenci	-	-	-	2.05B	1.86B	-	-	-	-	-
Morenci Growth	-	-	-	-	-9.12%	-	-	-	-	-
Oil and Gas Operations	1.99B	1.3B	73M	-	-	-	-	-	-	-
Oil and Gas Operations Growth	-	-34.60%	-94.40%	-	-	-	-	-	-	-
Mining Operations	13.88B	-	-	-	-	-	-	-	-	-
Mining Operations Growth	-	-	-	-	-	-	-	-	-	-
Tenke	1.27B	-	-	-	-	-	-	-	-	-
Tenke Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	6.84B	5.9B	5.34B	5.79B	5.11B	5.25B	7.17B	7.34B	7.26B	7.81B
UNITED STATES Growth	-	-13.83%	-9.36%	8.35%	-11.80%	2.76%	36.59%	2.39%	-1.02%	7.46%
JAPAN	1.25B	1.35B	1.88B	1.95B	1.18B	1.21B	2.37B	2.46B	3.43B	5.93B
JAPAN Growth	-	8.35%	39.41%	3.40%	-39.31%	2.03%	96.85%	3.79%	39.36%	72.84%
SWITZERLAND	1.03B	1.15B	1.2B	2.94B	2.22B	2.03B	3.68B	2.74B	3.97B	4.25B
SWITZERLAND Growth	-	11.79%	4.62%	145.08%	-24.41%	-8.59%	81.20%	-25.58%	44.93%	7.05%
SINGAPORE	432M	-	-	-	-	-	-	1.49B	1.18B	1.12B
SINGAPORE Growth	-	-	-	-	-	-	-	-	-21.05%	-5.26%
INDONESIA	1.05B	1.4B	2.02B	2.23B	1.89B	1.76B	3.13B	3.03B	767M	1.11B
INDONESIA Growth	-	33.02%	44.29%	10.03%	-14.91%	-7.07%	77.95%	-3.38%	-74.65%	44.46%
SPAIN	960M	878M	1.09B	1.07B	884M	785M	1.5B	1.17B	1.25B	1.05B
SPAIN Growth	-	-8.54%	23.69%	-1.47%	-17.38%	-11.20%	90.45%	-21.47%	6.56%	-15.91%
CHINA	760M	1.13B	1.14B	873M	531M	692M	1.04B	929M	1.08B	743M
CHINA Growth	-	48.03%	0.98%	-23.15%	-39.18%	30.32%	50.87%	-11.02%	16.36%	-31.27%
GERMANY	-	-	-	256M	311M	248M	469M	632M	714M	500M
GERMANY Growth	-	-	-	-	21.48%	-20.26%	89.11%	34.75%	12.97%	-29.97%
CHILE	397M	250M	248M	294M	242M	221M	343M	383M	428M	451M
CHILE Growth	-	-37.03%	-0.80%	18.55%	-17.69%	-8.68%	55.20%	11.66%	11.75%	5.37%
FRANCE	-	-	-	255M	198M	153M	-	-	-	306M
FRANCE Growth	-	-	-	-	-22.35%	-22.73%	-	-	-	-
PHILIPPINES	-	261M	378M	221M	73M	34M	264M	249M	396M	283M
PHILIPPINES Growth	-	-	44.83%	-41.53%	-66.97%	-53.42%	676.47%	-5.68%	59.04%	-28.54%
INDIA	532M	553M	782M	389M	107M	152M	207M	330M	354M	273M
INDIA Growth	-	3.95%	41.41%	-50.26%	-72.49%	42.06%	36.18%	59.42%	7.27%	-22.88%
EGYPT	272M	-	-	-	-	-	268M	-	229M	239M
EGYPT Growth	-	-	-	-	-	-	-	-	-	4.37%
KOREA, REPUBLIC OF	207M	219M	364M	269M	140M	89M	270M	302M	267M	203M
KOREA, REPUBLIC OF Growth	-	5.80%	66.21%	-26.10%	-47.96%	-36.43%	203.37%	11.85%	-11.59%	-23.97%
UNITED KINGDOM	-	204M	226M	296M	233M	491M	659M	355M	171M	115M
UNITED KINGDOM Growth	-	-	10.78%	30.97%	-21.28%	110.73%	34.22%	-46.13%	-51.83%	-32.75%
Others	1.8B	-	-	-	-	1.05B	1.32B	1.22B	1.35B	-
Others Growth	-	-	-	-	-	-	25.10%	-7.45%	11.08%	-
BELGIUM	-	-	-	278M	160M	36M	-	-	-	-
BELGIUM Growth	-	-	-	-	-42.45%	-77.50%	-	-	-	-
TURKEY	345M	-	-	-	-	-	-	-	-	-
TURKEY Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Freeport-McMoRan Inc. (FCX) has a price-to-earnings (P/E) ratio of 46.1x. This suggests investors expect higher future growth.

Growth & Financials

Freeport-McMoRan Inc. (FCX) reported $25.99B in revenue for fiscal year 2024. This represents a 21% increase from $21.43B in 2011.

Freeport-McMoRan Inc. (FCX) grew revenue by 12.1% over the past year. This is steady growth.

Yes, Freeport-McMoRan Inc. (FCX) is profitable, generating $2.07B in net income for fiscal year 2024 (7.4% net margin).

Dividend & Returns

Yes, Freeport-McMoRan Inc. (FCX) pays a dividend with a yield of 1.00%. This makes it attractive for income-focused investors.

Freeport-McMoRan Inc. (FCX) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

Freeport-McMoRan Inc. (FCX) generated $4.06B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Freeport-McMoRan Inc. (FCX) 10-Year Financial Performance & Capital Metrics

FCX • • Industrial / General

Basic MaterialsCopperIntegrated Copper Mining & ProcessingGlobal Integrated Copper Producers

Revenue $25.45B +12.1%
EBITDA $9.11B +11.7%
Net Income $1.88B +2.2%
EPS (Diluted) 1.30 +1.8%
Gross Margin 29.48% -2.7%
EBITDA Margin 35.77% -0.4%
Operating Margin 26.97% +0.7%
Net Margin 7.4% -8.8%
ROE 6.71% -4.9%
ROIC 15.37% +1.2%
Debt/Equity 0.34 -6.2%
Interest Coverage 21.52 +82.2%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Momentum leader: RS Rating 85 (top 15%)
✓High quality earnings: Operating CF exceeds net income
✓Strong 5Y sales CAGR of 12.1%
✓Healthy 5Y average net margin of 10.8%
✓Trading near 52-week high

✗Weaknesses

No significant weaknesses identified

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y1.83%

5Y12.14%

3Y4.42%

TTM3.71%

Profit (Net Income) CAGR

10Y-

5Y-

3Y-24.06%

TTM4.08%

EPS CAGR

10Y-

5Y-

3Y-23.47%

TTM3.99%

ROCE

10Y Avg9.78%

5Y Avg13.85%

3Y Avg14.99%

Latest14.29%

Peer Comparison

Global Integrated Copper Producers

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
FCXFreeport-McMoRan Inc.	86.1B	59.96	46.12	12.1%	7.95%	6.8%	2.73%	0.34
SCCOSouthern Copper Corporation	149.87B	182.97	43.46	15.54%	30.98%	36.33%	2.26%	0.76

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	14.96B	14.6B	15.86B	18.97B	14.36B	13.87B	22.36B	23.33B	22.71B	25.45B
Revenue Growth %	-0.3%	-0.02%	0.09%	0.2%	-0.24%	-0.03%	0.61%	0.04%	-0.03%	0.12%
Cost of Goods Sold+	14.36B	13.32B	11.76B	13.23B	13.17B	11.47B	14.07B	15.24B	15.83B	17.95B
COGS % of Revenue	0.96%	0.91%	0.74%	0.7%	0.92%	0.83%	0.63%	0.65%	0.7%	0.71%
Gross Profit+	597M	1.28B	4.1B	5.74B	1.19B	2.41B	8.29B	8.09B	6.88B	7.5B
Gross Margin %	0.04%	0.09%	0.26%	0.3%	0.08%	0.17%	0.37%	0.35%	0.3%	0.29%
Gross Profit Growth %	-0.89%	1.15%	2.2%	0.4%	-0.79%	1.03%	2.44%	-0.02%	-0.15%	0.09%
Operating Expenses+	636M	542M	716M	532M	519M	513M	474M	541M	798M	640M
OpEx % of Revenue	0.04%	0.04%	0.05%	0.03%	0.04%	0.04%	0.02%	0.02%	0.04%	0.03%
Selling, General & Admin	558M	522M	472M	443M	414M	354M	383M	420M	479M	513M
SG&A % of Revenue	0.04%	0.04%	0.03%	0.02%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Research & Development	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	78M	20M	244M	89M	105M	159M	91M	121M	319M	127M
Operating Income+	-39M	740M	3.38B	5.21B	669M	1.89B	7.81B	7.55B	6.08B	6.86B
Operating Margin %	-0%	0.05%	0.21%	0.27%	0.05%	0.14%	0.35%	0.32%	0.27%	0.27%
Operating Income Growth %	-1.01%	19.97%	3.57%	0.54%	-0.87%	1.83%	3.13%	-0.03%	-0.19%	0.13%
EBITDA+	3.2B	3.27B	5.09B	6.96B	2.08B	3.42B	9.81B	9.57B	8.15B	9.11B
EBITDA Margin %	0.21%	0.22%	0.32%	0.37%	0.14%	0.25%	0.44%	0.41%	0.36%	0.36%
EBITDA Growth %	-0.62%	0.02%	0.56%	0.37%	-0.7%	0.64%	1.87%	-0.02%	-0.15%	0.12%
D&A (Non-Cash Add-back)	3.24B	2.53B	1.71B	1.75B	1.41B	1.53B	2B	2.02B	2.07B	2.24B
EBIT	-13.51B	-2.72B	3.56B	4.47B	838M	2.4B	8.26B	7.28B	6.52B	7.23B
Net Interest Income+	-617M	-755M	-656M	-575M	-532M	-598M	-602M	-560M	-515M	-319M
Interest Income	0	0	0	0	0	0	0	0	0	0
Interest Expense	617M	755M	656M	575M	532M	598M	602M	560M	515M	319M
Other Income/Expense	-14.09B	-4.2B	-469M	-1.31B	-351M	-84M	-149M	-806M	-62M	58M
Pretax Income+	-14.13B	-3.46B	2.91B	3.9B	318M	1.81B	7.66B	6.75B	6.02B	6.92B
Pretax Margin %	-0.94%	-0.24%	0.18%	0.21%	0.02%	0.13%	0.34%	0.29%	0.27%	0.27%
Income Tax+	-1.95B	371M	883M	991M	510M	944M	2.3B	2.27B	2.27B	2.52B
Effective Tax Rate %	0.87%	1.14%	0.6%	0.67%	-0.77%	0.33%	0.56%	0.51%	0.31%	0.27%
Net Income+	-12.24B	-3.96B	1.76B	2.61B	-245M	596M	4.3B	3.46B	1.84B	1.88B
Net Margin %	-0.82%	-0.27%	0.11%	0.14%	-0.02%	0.04%	0.19%	0.15%	0.08%	0.07%
Net Income Growth %	-8.34%	0.68%	1.44%	0.49%	-1.09%	3.43%	6.21%	-0.19%	-0.47%	0.02%
Net Income (Continuing)	-12.18B	-3.83B	2.03B	2.91B	-192M	865M	5.37B	4.48B	3.75B	4.4B
Discontinued Operations	12M	-58M	5M	0	0	0	0	0	0	0
Minority Interest	4.98B	3.21B	3.32B	7.89B	8.15B	8.49B	9.04B	9.32B	10.62B	11.2B
EPS (Diluted)+	-11.31	-3.00	1.21	1.79	-0.17	0.41	2.90	2.39	1.28	1.30
EPS Growth %	-7.98%	0.73%	1.4%	0.48%	-1.09%	3.42%	6.11%	-0.18%	-0.46%	0.02%
EPS (Basic)	-11.31	-3.00	1.21	1.80	-0.17	0.41	2.93	2.40	1.28	1.31
Diluted Shares Outstanding	1.08B	1.32B	1.45B	1.46B	1.45B	1.46B	1.48B	1.45B	1.44B	1.45B
Basic Shares Outstanding	1.08B	1.32B	1.45B	1.45B	1.45B	1.45B	1.47B	1.44B	1.43B	1.45B
Dividend Payout Ratio	-	-	0%	0.08%	-	0.12%	0.08%	0.25%	0.47%	0.46%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	7.46B	10.44B	10.78B	10.72B	7.8B	9.3B	14.83B	15.61B	14.06B	13.3B
Cash & Short-Term Investments	177M	4.25B	4.53B	4.22B	2.02B	3.66B	8.07B	8.15B	4.76B	3.92B
Cash Only	177M	4.25B	4.53B	4.22B	2.02B	3.66B	8.07B	8.15B	4.76B	3.92B
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	689M	1.22B	1.67B	1.32B	1.17B	1.41B	1.74B	1.79B	1.66B	1.14B
Days Sales Outstanding	16.81	30.38	38.32	25.44	29.67	37.15	28.44	28.08	26.75	16.38
Inventory	4.79B	3.64B	3.89B	4.76B	3.96B	3.89B	4.5B	5.18B	6.06B	6.81B
Days Inventory Outstanding	121.68	99.83	120.82	131.33	109.71	123.93	116.66	124.05	139.76	138.42
Other Current Assets	2.54B	543M	577M	422M	655M	341M	523M	492M	1.58B	1.42B
Total Non-Current Assets+	39.12B	26.88B	26.52B	31.97B	33.01B	32.84B	33.19B	35.48B	38.44B	41.55B
Property, Plant & Equipment	34.6B	23.29B	22.84B	28.48B	29.58B	29.82B	30.34B	32.63B	35.3B	38.51B
Fixed Asset Turnover	0.43x	0.63x	0.69x	0.67x	0.49x	0.47x	0.74x	0.72x	0.64x	0.66x
Goodwill	0	0	0	0	0	0	0	0	0	0
Intangible Assets	316M	305M	306M	398M	402M	401M	412M	416M	422M	428M
Long-Term Investments	339M	303M	262M	316M	303M	295M	232M	262M	207M	456M
Other Non-Current Assets	-431M	-787M	-511M	-1.26B	3.42B	3.02B	2.85B	-2.09B	2.52B	2.15B
Total Assets+	46.58B	37.32B	37.3B	42.69B	40.81B	42.14B	48.02B	51.09B	52.51B	54.85B
Asset Turnover	0.32x	0.39x	0.43x	0.44x	0.35x	0.33x	0.47x	0.46x	0.43x	0.46x
Asset Growth %	-0.21%	-0.2%	-0%	0.14%	-0.04%	0.03%	0.14%	0.06%	0.03%	0.04%
Total Current Liabilities+	4.31B	4.26B	5.04B	3.32B	3.21B	3.42B	5.89B	6.34B	5.82B	5.5B
Accounts Payable	2.25B	1.54B	1.55B	1.66B	1.65B	1.47B	2.04B	2.7B	2.47B	2.79B
Days Payables Outstanding	57.2	42.21	47.98	45.84	45.85	46.89	52.79	64.69	56.87	56.71
Short-Term Debt	649M	1.23B	1.41B	17M	5M	34M	372M	1.04B	850M	41M
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	920M	961M	925M	1.1B	505M	442M	454M	463M	1.08B	1.13B
Current Ratio	1.73x	2.45x	2.14x	3.23x	2.43x	2.72x	2.52x	2.46x	2.42x	2.42x
Quick Ratio	0.62x	1.59x	1.37x	1.80x	1.20x	1.58x	1.75x	1.64x	1.38x	1.18x
Cash Conversion Cycle	81.28	88	111.16	110.94	93.53	114.19	92.31	87.45	109.64	98.09
Total Non-Current Liabilities+	29.46B	23.8B	20.97B	21.88B	20.15B	20.06B	19.11B	19.88B	19.38B	20.57B
Long-Term Debt	19.68B	14.79B	11.81B	11.12B	9.82B	9.68B	9.08B	9.58B	8.66B	8.91B
Capital Lease Obligations	0	0	0	0	204M	190M	281M	294M	347M	692M
Deferred Tax Liabilities	4.29B	3.77B	3.62B	4.87B	4.21B	4.41B	4.23B	4.27B	4.45B	4.38B
Other Non-Current Liabilities	9.79B	5.23B	9.28B	9.87B	5.92B	5.78B	5.52B	5.73B	5.92B	6.6B
Total Liabilities	33.77B	28.06B	26.01B	25.2B	23.36B	23.48B	25B	26.22B	25.2B	26.07B
Total Debt+	20.43B	16.03B	13.12B	11.14B	10.07B	9.94B	9.77B	10.95B	9.85B	9.74B
Net Debt	20.2B	11.78B	8.67B	6.92B	8.05B	6.28B	1.7B	2.81B	5.09B	5.82B
Debt / Equity	1.59x	1.73x	1.16x	0.64x	0.58x	0.53x	0.42x	0.44x	0.36x	0.34x
Debt / EBITDA	6.38x	4.90x	2.57x	1.60x	4.84x	2.91x	1.00x	1.14x	1.21x	1.07x
Net Debt / EBITDA	6.31x	3.60x	1.70x	0.99x	3.87x	1.84x	0.17x	0.29x	0.63x	0.64x
Interest Coverage	-0.06x	0.98x	5.15x	9.06x	1.26x	3.17x	12.98x	13.49x	11.81x	21.52x
Total Equity+	12.81B	9.26B	11.3B	17.49B	17.45B	18.67B	23.02B	24.87B	27.31B	28.78B
Equity Growth %	-0.45%	-0.28%	0.22%	0.55%	-0%	0.07%	0.23%	0.08%	0.1%	0.05%
Book Value per Share	11.84	7.02	7.77	12.00	12.02	12.78	15.53	17.14	18.93	19.92
Total Shareholders' Equity	7.83B	6.05B	7.98B	9.6B	9.3B	10.17B	13.98B	15.55B	16.69B	17.58B
Common Stock	137M	157M	158M	158M	158M	159M	160M	161M	162M	162M
Retained Earnings	-12.39B	-16.54B	-14.72B	-12.39B	-12.28B	-11.68B	-7.38B	-3.91B	-2.06B	-170M
Treasury Stock	-3.7B	-3.71B	-3.72B	-3.73B	-3.73B	-3.76B	-4.29B	-5.7B	-5.77B	-5.89B
Accumulated OCI	-503M	-548M	-487M	-605M	-676M	-583M	-388M	-320M	-274M	-314M
Minority Interest	4.98B	3.21B	3.32B	7.89B	8.15B	8.49B	9.04B	9.32B	10.62B	11.2B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	3.22B	3.73B	4.68B	3.86B	1.48B	3.02B	7.71B	5.14B	5.28B	7.16B
Operating CF Margin %	0.22%	0.26%	0.3%	0.2%	0.1%	0.22%	0.35%	0.22%	0.23%	0.28%
Operating CF Growth %	-0.43%	0.16%	0.26%	-0.17%	-0.62%	1.04%	1.56%	-0.33%	0.03%	0.36%
Net Income	-12.09B	-3.83B	2.04B	2.53B	-192M	865M	5.37B	4.48B	1.85B	4.4B
Depreciation & Amortization	16.77B	6.42B	1.73B	1.75B	1.17B	1.22B	1.92B	2.02B	2.07B	2.24B
Stock-Based Compensation	85M	86M	71M	76M	63M	99M	98M	95M	109M	109M
Deferred Taxes	-2.04B	239M	-317M	-178M	59M	162M	-171M	36M	182M	-76M
Other Non-Cash Items	17.1B	7.16B	2.08B	145M	33M	2M	-254M	38M	1.95B	516M
Working Capital Changes	161M	67M	813M	-460M	349M	665M	755M	-1.53B	-880M	-29M
Change in Receivables	813M	-175M	427M	649M	119M	132M	-472M	56M	166M	460M
Change in Inventory	379M	117M	-393M	-631M	259M	42M	-618M	-573M	-873M	-638M
Change in Payables	-217M	-28M	110M	-106M	-60M	132M	495M	-73M	-161M	143M
Cash from Investing+	-6.25B	3.55B	-1.36B	-5.02B	-2.1B	-1.26B	-1.96B	-3.44B	-4.96B	-5.03B
Capital Expenditures	-6.35B	-2.81B	-1.41B	-2.07B	-2.65B	-1.96B	-2.12B	-3.47B	-4.82B	-4.81B
CapEx % of Revenue	0.42%	0.19%	0.09%	0.11%	0.18%	0.14%	0.09%	0.15%	0.21%	0.19%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-6.25B	-110M	-1.36B	93M	97M	-9M	184M	-160M	-132M	-10M
Cash from Financing+	2.79B	-3.17B	-3.06B	900M	-1.56B	-128M	-1.34B	-1.62B	-2.65B	-3.28B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-605M	-6M	-2M	-218M	-291M	-73M	-331M	-866M	-863M	-865M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-140M	-731M	-196M	-297M	53M	138M	-261M	-581M	-585M	-1.84B
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	-3.13B	916M	3.27B	1.79B	-1.17B	1.06B	5.6B	1.67B	455M	2.35B
FCF Margin %	-0.21%	0.06%	0.21%	0.09%	-0.08%	0.08%	0.25%	0.07%	0.02%	0.09%
FCF Growth %	-0.98%	1.29%	2.57%	-0.45%	-1.65%	1.9%	4.3%	-0.7%	-0.73%	4.17%
FCF per Share	-2.90	0.69	2.25	1.23	-0.81	0.72	3.78	1.15	0.32	1.63
FCF Conversion (FCF/Net Income)	-0.26x	-0.94x	2.67x	1.48x	-6.05x	5.06x	1.79x	1.48x	2.87x	3.80x
Interest Paid	0	0	0	0	0	0	0	0	0	0
Taxes Paid	0	0	0	0	0	0	0	0	0	0

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-67.93%	-35.88%	17.09%	18.15%	-1.4%	3.3%	20.63%	14.45%	7.06%	6.71%
Return on Invested Capital (ROIC)	-0.08%	2.05%	12.39%	17.64%	2.01%	5.63%	23.59%	21.62%	15.19%	15.37%
Gross Margin	3.99%	8.78%	25.84%	30.27%	8.28%	17.34%	37.07%	34.68%	30.3%	29.48%
Net Margin	-81.81%	-27.12%	11.07%	13.78%	-1.71%	4.3%	19.23%	14.83%	8.11%	7.4%
Debt / Equity	1.59x	1.73x	1.16x	0.64x	0.58x	0.53x	0.42x	0.44x	0.36x	0.34x
Interest Coverage	-0.06x	0.98x	5.15x	9.06x	1.26x	3.17x	12.98x	13.49x	11.81x	21.52x
FCF Conversion	-0.26x	-0.94x	2.67x	1.48x	-6.05x	5.06x	1.79x	1.48x	2.87x	3.80x
Revenue Growth	-29.54%	-2.42%	8.63%	19.61%	-24.31%	-3.37%	61.17%	4.37%	-2.69%	12.1%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Copper Cathode	-	-	4.56B	-	-	4.2B	5.9B	5.13B	6.63B	8.32B
Copper Cathode Growth	-	-	-	-	-	-	40.34%	-12.98%	29.12%	25.45%
Copper In Concentrates	-	4.5B	5.37B	-	-	4.29B	8.71B	9.65B	7.13B	6.73B
Copper In Concentrates Growth	-	-	19.35%	-	-	-	102.72%	10.86%	-26.15%	-5.63%
Gold	-	1.51B	2.03B	-	-	1.7B	2.58B	3.4B	3.47B	4.45B
Gold Growth	-	-	34.39%	-	-	-	51.59%	31.67%	2.21%	28.05%
Refined Copper Products	-	5.89B	2.27B	-	-	2.05B	3.37B	3.7B	3.66B	3.85B
Refined Copper Products Growth	-	-	-61.41%	-	-	-	64.18%	9.80%	-1.08%	5.25%
Molybdenum	348M	651M	889M	410M	344M	848M	1.28B	1.42B	2.01B	1.8B
Molybdenum Growth	-	87.07%	36.56%	-53.88%	-16.10%	146.51%	51.30%	10.37%	41.67%	-10.22%
Purchased Copper	-	-	-	-	-	821M	757M	481M	416M	693M
Purchased Copper Growth	-	-	-	-	-	-	-7.80%	-36.46%	-13.51%	66.59%
Other Products Or Services	-	973M	1.21B	-	-	592M	821M	688M	585M	631M
Other Products Or Services Growth	-	-	24.05%	-	-	-	38.68%	-16.20%	-14.97%	7.86%
Rod and Refining	4.13B	-	-	5.1B	4.46B	-	-	-	-	-
Rod and Refining Growth	-	-	-	-	-12.66%	-	-	-	-	-
Grasberg	2.62B	-	-	5.45B	2.71B	-	-	-	-	-
Grasberg Growth	-	-	-	-	-50.18%	-	-	-	-	-
Morenci	-	-	-	2.05B	1.86B	-	-	-	-	-
Morenci Growth	-	-	-	-	-9.12%	-	-	-	-	-
Oil and Gas Operations	1.99B	1.3B	73M	-	-	-	-	-	-	-
Oil and Gas Operations Growth	-	-34.60%	-94.40%	-	-	-	-	-	-	-
Mining Operations	13.88B	-	-	-	-	-	-	-	-	-
Mining Operations Growth	-	-	-	-	-	-	-	-	-	-
Tenke	1.27B	-	-	-	-	-	-	-	-	-
Tenke Growth	-	-	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
UNITED STATES	6.84B	5.9B	5.34B	5.79B	5.11B	5.25B	7.17B	7.34B	7.26B	7.81B
UNITED STATES Growth	-	-13.83%	-9.36%	8.35%	-11.80%	2.76%	36.59%	2.39%	-1.02%	7.46%
JAPAN	1.25B	1.35B	1.88B	1.95B	1.18B	1.21B	2.37B	2.46B	3.43B	5.93B
JAPAN Growth	-	8.35%	39.41%	3.40%	-39.31%	2.03%	96.85%	3.79%	39.36%	72.84%
SWITZERLAND	1.03B	1.15B	1.2B	2.94B	2.22B	2.03B	3.68B	2.74B	3.97B	4.25B
SWITZERLAND Growth	-	11.79%	4.62%	145.08%	-24.41%	-8.59%	81.20%	-25.58%	44.93%	7.05%
SINGAPORE	432M	-	-	-	-	-	-	1.49B	1.18B	1.12B
SINGAPORE Growth	-	-	-	-	-	-	-	-	-21.05%	-5.26%
INDONESIA	1.05B	1.4B	2.02B	2.23B	1.89B	1.76B	3.13B	3.03B	767M	1.11B
INDONESIA Growth	-	33.02%	44.29%	10.03%	-14.91%	-7.07%	77.95%	-3.38%	-74.65%	44.46%
SPAIN	960M	878M	1.09B	1.07B	884M	785M	1.5B	1.17B	1.25B	1.05B
SPAIN Growth	-	-8.54%	23.69%	-1.47%	-17.38%	-11.20%	90.45%	-21.47%	6.56%	-15.91%
CHINA	760M	1.13B	1.14B	873M	531M	692M	1.04B	929M	1.08B	743M
CHINA Growth	-	48.03%	0.98%	-23.15%	-39.18%	30.32%	50.87%	-11.02%	16.36%	-31.27%
GERMANY	-	-	-	256M	311M	248M	469M	632M	714M	500M
GERMANY Growth	-	-	-	-	21.48%	-20.26%	89.11%	34.75%	12.97%	-29.97%
CHILE	397M	250M	248M	294M	242M	221M	343M	383M	428M	451M
CHILE Growth	-	-37.03%	-0.80%	18.55%	-17.69%	-8.68%	55.20%	11.66%	11.75%	5.37%
FRANCE	-	-	-	255M	198M	153M	-	-	-	306M
FRANCE Growth	-	-	-	-	-22.35%	-22.73%	-	-	-	-
PHILIPPINES	-	261M	378M	221M	73M	34M	264M	249M	396M	283M
PHILIPPINES Growth	-	-	44.83%	-41.53%	-66.97%	-53.42%	676.47%	-5.68%	59.04%	-28.54%
INDIA	532M	553M	782M	389M	107M	152M	207M	330M	354M	273M
INDIA Growth	-	3.95%	41.41%	-50.26%	-72.49%	42.06%	36.18%	59.42%	7.27%	-22.88%
EGYPT	272M	-	-	-	-	-	268M	-	229M	239M
EGYPT Growth	-	-	-	-	-	-	-	-	-	4.37%
KOREA, REPUBLIC OF	207M	219M	364M	269M	140M	89M	270M	302M	267M	203M
KOREA, REPUBLIC OF Growth	-	5.80%	66.21%	-26.10%	-47.96%	-36.43%	203.37%	11.85%	-11.59%	-23.97%
UNITED KINGDOM	-	204M	226M	296M	233M	491M	659M	355M	171M	115M
UNITED KINGDOM Growth	-	-	10.78%	30.97%	-21.28%	110.73%	34.22%	-46.13%	-51.83%	-32.75%
Others	1.8B	-	-	-	-	1.05B	1.32B	1.22B	1.35B	-
Others Growth	-	-	-	-	-	-	25.10%	-7.45%	11.08%	-
BELGIUM	-	-	-	278M	160M	36M	-	-	-	-
BELGIUM Growth	-	-	-	-	-42.45%	-77.50%	-	-	-	-
TURKEY	345M	-	-	-	-	-	-	-	-	-
TURKEY Growth	-	-	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Freeport-McMoRan Inc. (FCX) has a price-to-earnings (P/E) ratio of 46.1x. This suggests investors expect higher future growth.

Growth & Financials

Freeport-McMoRan Inc. (FCX) reported $25.99B in revenue for fiscal year 2024. This represents a 21% increase from $21.43B in 2011.

Freeport-McMoRan Inc. (FCX) grew revenue by 12.1% over the past year. This is steady growth.

Yes, Freeport-McMoRan Inc. (FCX) is profitable, generating $2.07B in net income for fiscal year 2024 (7.4% net margin).

Dividend & Returns

Yes, Freeport-McMoRan Inc. (FCX) pays a dividend with a yield of 1.00%. This makes it attractive for income-focused investors.

Freeport-McMoRan Inc. (FCX) has a return on equity (ROE) of 6.7%. This is below average, suggesting room for improvement.

Freeport-McMoRan Inc. (FCX) generated $4.06B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.