Freeport Mcmoran Copper Gold Stock Revenue
| FCX Stock | USD 50.52 0.70 1.41% |
Freeport McMoran Copper Gold fundamentals help investors to digest information that contributes to Freeport McMoran's financial success or failures. It also enables traders to predict the movement of Freeport Stock. The fundamental analysis module provides a way to measure Freeport McMoran's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Freeport McMoran stock.
| Last Reported | Projected for Next Year | ||
| Total Revenue | 22.7 B | 23.8 B |
Freeport | Revenue |
Freeport McMoran Copper Gold Company Revenue Analysis
Freeport McMoran's Revenue is income that a firm generates from business activities such us rendering services or selling goods to customers. It is a crucial part of a business and an essential item when evaluating a company's financial statements. Revenues from a firm's primary business operations can be reported on the income statement as sales revenue, net sales, or simply sales, depending on the industry in which a given company operates.
Current Freeport McMoran Revenue | 22.71 B |
Most of Freeport McMoran's fundamental indicators, such as Revenue, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Freeport McMoran Copper Gold is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Historical and Projected quarterly revenue of Freeport
Projected quarterly revenue analysis of Freeport McMoran Copper provides investors and stakeholders with an insight into the company's performance and growth prospects. When actual revenues of Freeport McMoran match or exceed analyst estimates, it positively influences investor confidence and market perception, often leading to a rise in Freeport McMoran's stock price.
Freeport Revenue Driver Correlations
Understanding the fundamental principles of building solid financial models for Freeport McMoran is extremely important. It helps to project a fair market value of Freeport Stock properly, considering its historical fundamentals such as Revenue. Since Freeport McMoran's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Freeport McMoran's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Freeport McMoran's interrelated accounts and indicators.
| 0.61 | 0.16 | 0.26 | 0.38 | 0.27 | ||
| 0.61 | 0.54 | 0.4 | 0.72 | 0.1 | ||
| 0.16 | 0.54 | -0.23 | 0.43 | -0.78 | ||
| 0.26 | 0.4 | -0.23 | 0.15 | 0.52 | ||
| 0.38 | 0.72 | 0.43 | 0.15 | -0.01 | ||
| 0.27 | 0.1 | -0.78 | 0.52 | -0.01 |
Click cells to compare fundamentals
Freeport Revenue Historical Pattern
Today, most investors in Freeport McMoran Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Freeport McMoran's growth ratios. Consistent increases or drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's revenue growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Freeport McMoran revenue as a starting point in their analysis.
Freeport McMoran Revenue |
| Timeline |
Revenue is typically recorded when cash or cash equivalents are exchanged for services or goods and can include products or services discounts, promotions, as well as early payments on invoices or services rendered in advance.
| Competition |
Freeport Current Deferred Revenue
Current Deferred Revenue |
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Based on the latest financial disclosure, Freeport McMoran Copper Gold reported 22.71 B of revenue. This is 188.93% higher than that of the Metals & Mining sector and significantly higher than that of the Materials industry. The revenue for all United States stocks is 140.67% lower than that of the firm.
Freeport Revenue Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Freeport McMoran's direct or indirect competition against its Revenue to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Freeport McMoran could also be used in its relative valuation, which is a method of valuing Freeport McMoran by comparing valuation metrics of similar companies.Freeport McMoran is currently under evaluation in revenue category among related companies.
Freeport McMoran ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Freeport McMoran's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Freeport McMoran's managers, analysts, and investors.Environment Score | Governance Score | Social Score |
Freeport McMoran Institutional Holders
Institutional Holdings refers to the ownership stake in Freeport McMoran that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Freeport McMoran's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Freeport McMoran's value.| Shares | Goldman Sachs Group Inc | 2023-12-31 | 19.4 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 17.7 M | Northern Trust Corp | 2023-12-31 | 16.9 M | Putnam Investments Llc | 2023-12-31 | 16.6 M | Clearbridge Advisors, Llc | 2023-12-31 | 14.3 M | Bank Of America Corp | 2023-12-31 | 13.9 M | Ameriprise Financial Inc | 2023-12-31 | 13 M | Public Investment Fund | 2023-12-31 | 12.9 M | Hhg Plc | 2023-12-31 | 11.9 M | Vanguard Group Inc | 2023-12-31 | 119.5 M | Blackrock Inc | 2023-12-31 | 110.7 M |
Freeport Fundamentals
| Return On Equity | 0.14 | ||||
| Return On Asset | 0.0746 | ||||
| Profit Margin | 0.08 % | ||||
| Operating Margin | 0.28 % | ||||
| Current Valuation | 87.46 B | ||||
| Shares Outstanding | 1.43 B | ||||
| Shares Owned By Insiders | 0.60 % | ||||
| Shares Owned By Institutions | 82.21 % | ||||
| Number Of Shares Shorted | 18.09 M | ||||
| Price To Earning | 14.07 X | ||||
| Price To Book | 4.25 X | ||||
| Price To Sales | 3.10 X | ||||
| Revenue | 22.71 B | ||||
| Gross Profit | 9.71 B | ||||
| EBITDA | 8.15 B | ||||
| Net Income | 1.84 B | ||||
| Cash And Equivalents | 8.15 B | ||||
| Cash Per Share | 6.00 X | ||||
| Total Debt | 9.85 B | ||||
| Debt To Equity | 0.44 % | ||||
| Current Ratio | 2.56 X | ||||
| Book Value Per Share | 11.63 X | ||||
| Cash Flow From Operations | 5.28 B | ||||
| Short Ratio | 1.26 X | ||||
| Earnings Per Share | 1.28 X | ||||
| Price To Earnings To Growth | 0.20 X | ||||
| Target Price | 50.71 | ||||
| Number Of Employees | 27.2 K | ||||
| Beta | 2.06 | ||||
| Market Capitalization | 71.75 B | ||||
| Total Asset | 52.51 B | ||||
| Retained Earnings | (2.06 B) | ||||
| Working Capital | 8.25 B | ||||
| Current Asset | 637.98 M | ||||
| Current Liabilities | 537.87 M | ||||
| Annual Yield | 0.01 % | ||||
| Net Asset | 52.51 B | ||||
| Last Dividend Paid | 0.6 |
About Freeport McMoran Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Freeport McMoran Copper Gold's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Freeport McMoran using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Freeport McMoran Copper Gold based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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 | 75.94 |
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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Try AI Portfolio ArchitectCheck out Freeport McMoran Piotroski F Score and Freeport McMoran Altman Z Score analysis. 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 Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Complementary Tools for Freeport Stock analysis
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 (0.45) | Dividend Share 0.6 | Earnings Share 1.28 | Revenue Per Share 15.938 | Quarterly Revenue Growth 0.026 |
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.