Freeport Financial Statements From 2010 to 2024

FCX Stock  USD 50.45  1.67  3.42%   
Freeport McMoran financial statements provide useful quarterly and yearly information to potential Freeport McMoran Copper Gold investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Freeport McMoran financial statements helps investors assess Freeport McMoran's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Freeport McMoran's valuation are summarized below:
Gross Profit
9.7 B
Profit Margin
0.0697
Market Capitalization
72.6 B
Enterprise Value Revenue
3.3277
Revenue
23.8 B
We have found one hundred twenty available fundamental signals for Freeport McMoran Copper Gold, which can be analyzed and compared to other ratios and to its rivals. All investors should make sure to verify all of Freeport McMoran Copper Gold prevailing market performance against the performance between 2010 and 2024 to make sure the company can sustain itself down the road. Market Cap is likely to rise to about 57.8 B in 2024. Enterprise Value is likely to rise to about 59.1 B in 2024

Freeport McMoran Total Revenue

23.84 Billion

Check Freeport McMoran financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Freeport main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.1 B, Interest Expense of 821.1 M or Total Revenue of 23.8 B, as well as many exotic indicators such as Price To Sales Ratio of 4.21, Dividend Yield of 0.0134 or PTB Ratio of 3.47. Freeport financial statements analysis is a perfect complement when working with Freeport McMoran Valuation or Volatility modules.
  
This module can also supplement Freeport McMoran's financial leverage analysis and stock options assessment as well as various Freeport McMoran Technical models . Check out the analysis of Freeport McMoran Correlation against competitors.

Freeport McMoran Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets55.1 B52.5 B42.9 B
Slightly volatile
Short and Long Term Debt Total6.2 B9.9 B10.9 B
Very volatile
Total Current Liabilities6.1 B5.8 B4.3 B
Slightly volatile
Total Stockholder Equity17.5 B16.7 B12.5 B
Pretty Stable
Property Plant And Equipment Net37.1 B35.3 B29.2 B
Slightly volatile
Cash5.9 B5.7 B3.8 B
Slightly volatile
Non Current Assets Total40.4 B38.4 B32.6 B
Slightly volatile
Cash And Short Term Investments6.3 BB3.9 B
Slightly volatile
Net ReceivablesB1.7 B1.6 B
Very volatile
Common Stock Shares Outstanding814.2 M1.4 B1.2 B
Slightly volatile
Liabilities And Stockholders Equity55.1 B52.5 B42.9 B
Slightly volatile
Non Current Liabilities Total10.9 B19.4 B19.3 B
Pretty Stable
Inventory6.4 B6.1 B4.4 B
Slightly volatile
Other Current Assets192.2 M375 M367.3 M
Pretty Stable
Other Stockholder Equity9.5 B18.9 B18.1 B
Slightly volatile
Total Liabilities13.4 B25.2 B23.4 B
Pretty Stable
Total Current Assets14.8 B14.1 B10.3 B
Slightly volatile
Other Current Liabilities2.5 B2.3 B997 M
Slightly volatile
Accounts Payable1.7 B2.5 B2.6 B
Pretty Stable
Short Term Debt892.5 M850 M487.2 M
Slightly volatile
Property Plant And Equipment Gross88.8 B84.6 B42.4 B
Slightly volatile
Common Stock Total Equity99.1 M185.2 M133.5 M
Slightly volatile
Other Liabilities12.1 B11.5 BB
Slightly volatile
Other Assets2.2 B2.4 B2.8 B
Very volatile
Long Term Debt8.6 B8.7 B10.7 B
Very volatile
Property Plant Equipment22.3 B39 B29.8 B
Pretty Stable
Current Deferred Revenue106.4 M161 M89.1 M
Slightly volatile
Intangible Assets346.4 M422 M340 M
Slightly volatile
Good Will678.1 M360.9 M844.5 M
Slightly volatile
Net Tangible Assets9.9 B14 B12.4 B
Pretty Stable
Noncontrolling Interest In Consolidated Entity5.7 B10.7 B5.8 B
Slightly volatile
Long Term Debt Total12 B11 B11.4 B
Very volatile
Capital Surpluse25.4 B29.1 B24 B
Slightly volatile
Deferred Long Term Liabilities4.6 B5.1 B4.4 B
Pretty Stable
Non Current Liabilities Other326.8 M344 M3.5 B
Slightly volatile
Long Term Investments269.2 M304 M389.1 M
Slightly volatile
Warrants818 M878.6 M761.6 M
Slightly volatile
Short and Long Term Debt559.7 M766 M377.6 M
Slightly volatile
Cash And Equivalents5.5 B9.4 BB
Slightly volatile
Net Invested Capital24.6 B26.1 B21.9 B
Slightly volatile
Net Working Capital7.9 B8.2 B6.6 B
Slightly volatile
Capital Stock175.6 M162 M159.8 M
Slightly volatile
Capital Lease Obligations342.8 M431 M275.5 M
Slightly volatile

Freeport McMoran Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization1.1 B2.1 B1.9 B
Very volatile
Total Revenue23.8 B22.7 B17.9 B
Slightly volatile
Other Operating Expenses8.5 B16.6 B14.4 B
Pretty Stable
Cost Of Revenue16.6 B15.8 B14.3 B
Pretty Stable
Total Operating Expenses965.5 M798 M684.3 M
Slightly volatile
Selling General Administrative315.5 M479 M445.9 M
Very volatile
Selling And Marketing Expenses91.7 M150.8 M125.4 M
Pretty Stable
Non Recurring272 M212.4 M694.2 M
Slightly volatile
Interest Income535.3 M373.5 M623.1 M
Slightly volatile
Reconciled DepreciationB2.1 B1.8 B
Slightly volatile

Freeport McMoran Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Stock Based Compensation106 M109 M93.4 M
Very volatile
Begin Period Cash Flow8.1 B7.8 B3.9 B
Slightly volatile
Depreciation1.8 B2.1 B3.4 B
Pretty Stable
Dividends Paid563.5 M863 M670.1 M
Slightly volatile
Capital Expenditures5.1 B4.8 B3.4 B
Very volatile
Total Cash From Operating Activities2.8 B5.3 B4.2 B
Very volatile
End Period Cash Flow5.9 B5.7 B3.9 B
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio4.212.68843.5393
Slightly volatile
Dividend Yield0.01340.01410.0251
Slightly volatile
PTB Ratio3.473.65695.9279
Slightly volatile
Days Sales Outstanding49.6526.747735.8141
Very volatile
Book Value Per Share12.2211.640910.3536
Pretty Stable
Invested Capital0.540.56951.0272
Very volatile
Operating Cash Flow Per Share2.343.68133.5028
Pretty Stable
Stock Based Compensation To Revenue0.00610.00480.0054
Slightly volatile
PB Ratio3.473.65695.9279
Slightly volatile
EV To Sales4.82.87283.978
Slightly volatile
Inventory Turnover2.362.61163.226
Pretty Stable
Days Of Inventory On Hand143140119
Very volatile
Payables Turnover3.626.41775.3749
Slightly volatile
Sales General And Administrative To Revenue0.00490.00510.0102
Slightly volatile
Research And Ddevelopement To Revenue0.0130.01490.0133
Pretty Stable
Cash Per Share3.933.742.8149
Slightly volatile
POCF Ratio12.3411.56389.1613
Very volatile
Days Payables Outstanding10156.874172.7358
Slightly volatile
EV To Operating Cash Flow14.8912.35711.2297
Very volatile
Current Ratio2.532.41872.5012
Very volatile
Tangible Book Value Per Share19.6918.750314.6741
Pretty Stable
Receivables Turnover8.0613.64611.0151
Very volatile
Graham Number12.5918.372221.3445
Slightly volatile
Shareholders Equity Per Share12.2211.640910.3536
Pretty Stable
Debt To Equity0.540.56951.0272
Very volatile
Revenue Per Share8.2915.834713.8891
Pretty Stable
Interest Debt Per Share5.237.17439.3072
Pretty Stable
Debt To Assets0.350.1810.2632
Very volatile
Short Term Coverage Ratios5.96.210649.7545
Pretty Stable
Operating Cycle192167155
Very volatile
Price Book Value Ratio3.473.65695.9279
Slightly volatile
Days Of Payables Outstanding10156.874172.7358
Slightly volatile
Price To Operating Cash Flows Ratio12.3411.56389.1613
Very volatile
Company Equity Multiplier5.63.14543.8395
Slightly volatile
Long Term Debt To Capitalization0.550.34150.4577
Pretty Stable
Total Debt To Capitalization0.560.36280.4661
Slightly volatile
Debt Equity Ratio0.540.56951.0272
Very volatile
Quick Ratio1.461.31211.3493
Very volatile
Cash Ratio0.550.97440.8939
Very volatile
Cash Conversion Cycle99.6911085.7735
Slightly volatile
Operating Cash Flow Sales Ratio0.30.23250.2557
Slightly volatile
Days Of Inventory Outstanding143140119
Very volatile
Days Of Sales Outstanding49.6526.747735.8141
Very volatile
Cash Flow Coverage Ratios0.460.55530.5631
Slightly volatile
Price To Book Ratio3.473.65695.9279
Slightly volatile
Fixed Asset Turnover0.90.64330.7358
Slightly volatile
Price Cash Flow Ratio12.3411.56389.1613
Very volatile
Debt Ratio0.350.1810.2632
Very volatile
Cash Flow To Debt Ratio0.460.55530.5631
Slightly volatile
Price Sales Ratio4.212.68843.5393
Slightly volatile
Asset Turnover0.580.43250.4702
Slightly volatile
Price Fair Value3.473.65695.9279
Slightly volatile

Freeport McMoran Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap57.8 B55.1 B42.2 B
Slightly volatile
Enterprise Value59.1 B56.3 B47 B
Slightly volatile

Freeport Fundamental Market Drivers

Forward Price Earnings32.8947
Cash And Short Term InvestmentsB

Freeport Upcoming Events

19th of April 2024
Upcoming Quarterly Report
View
18th of July 2024
Next Financial Report
View
31st of March 2024
Next Fiscal Quarter End
View
22nd of January 2025
Next Fiscal Year End
View
31st of December 2023
Last Quarter Report
View
31st of December 2023
Last Financial Announcement
View

About Freeport McMoran Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Freeport McMoran income statement, its balance sheet, and the statement of cash flows. Freeport McMoran investors use historical funamental indicators, such as Freeport McMoran's revenue or net income, to determine how well the company is positioned to perform in the future. Although Freeport McMoran investors may use each financial statement separately, they are all related. The changes in Freeport McMoran's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Freeport McMoran's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Freeport McMoran Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Freeport McMoran. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Current Deferred Revenue161 M106.4 M
Total Revenue22.7 B23.8 B
Cost Of Revenue15.8 B16.6 B
Stock Based Compensation To Revenue 0  0.01 
Sales General And Administrative To Revenue 0.01  0 
Research And Ddevelopement To Revenue 0.01  0.01 
Capex To Revenue(0.21)(0.22)
Revenue Per Share 15.83  8.29 
Ebit Per Revenue 0.27  0.29 

Freeport McMoran Investors Sentiment

The influence of Freeport McMoran's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Freeport. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Freeport McMoran's public news can be used to forecast risks associated with an investment in Freeport. The trend in average sentiment can be used to explain how an investor holding Freeport can time the market purely based on public headlines and social activities around Freeport McMoran Copper Gold. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Freeport McMoran's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Freeport McMoran's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Freeport McMoran's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Freeport McMoran.

Freeport McMoran Implied Volatility

    
  35.44  
Freeport McMoran's implied volatility exposes the market's sentiment of Freeport McMoran Copper Gold stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Freeport McMoran's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Freeport McMoran stock will not fluctuate a lot when Freeport McMoran's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Freeport McMoran in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Freeport McMoran's short interest history, or implied volatility extrapolated from Freeport McMoran options trading.

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When determining whether Freeport McMoran Copper offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Freeport McMoran's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Freeport Mcmoran Copper Gold Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Freeport Mcmoran Copper Gold Stock:
Check out the analysis of Freeport McMoran Correlation against competitors.
Note that the Freeport McMoran Copper information on this page should be used as a complementary analysis to other Freeport McMoran's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.

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When running Freeport McMoran's price analysis, check to measure Freeport McMoran's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Freeport McMoran is operating at the current time. Most of Freeport McMoran's value examination focuses on studying past and present price action to predict the probability of Freeport McMoran's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Freeport McMoran's price. Additionally, you may evaluate how the addition of Freeport McMoran to your portfolios can decrease your overall portfolio volatility.
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Is Freeport McMoran's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Freeport McMoran. If investors know Freeport will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Freeport McMoran listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.30)
Dividend Share
0.6
Earnings Share
1.14
Revenue Per Share
16.585
Quarterly Revenue Growth
0.173
The market value of Freeport McMoran Copper is measured differently than its book value, which is the value of Freeport that is recorded on the company's balance sheet. Investors also form their own opinion of Freeport McMoran's value that differs from its market value or its book value, called intrinsic value, which is Freeport McMoran's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Freeport McMoran's market value can be influenced by many factors that don't directly affect Freeport McMoran's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Freeport McMoran's value and its price as these two are different measures arrived at by different means. Investors typically determine if Freeport McMoran is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Freeport McMoran's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.