Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative expenses

Mining exploration and research expenses

Environmental obligations and shutdown costs

Net gain on sales of assets

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Freeport-McMoRan

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining and Corporate, Other and Eliminations. The North America Copper Mines segment operates open-pit copper mines in Morenci, Baghdad, Safford, Sierrita, and Miami in Arizona and Chino and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America and includes a refinery, rod mills, and a specialty copper products facility. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate, Other and Eliminations segment consists of other mining and eliminations, oil and gas operations and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987, and is headquartered in Phoenix, AZ.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Freeport-McMoRan reports robust Q4 results, eyes strategic growth opportunities

Freeport-McMoRan's Q4 2022 earnings call showcased strong performance, growth, and strategic initiatives.
The company's focus on long-term sustainability, positive outlook on copper, and prudent financial management were highlighted.
Challenges in labor, market conditions, and geopolitical landscapes were acknowledged and addressed.
Overall, Freeport-McMoRan remains optimistic about its future growth and operational efficiency.

Freeport-McMoRan faces challenges but highlights growth opportunities in Q1

Freeport-McMoRan navigated challenges in Q1 while maintaining a positive outlook for copper and emphasizing operational efficiency.
The company's focus on shareholder value, leach initiatives, and strategic positioning for growth were key highlights of the call.
Despite uncertainties and challenges, Freeport's strong balance sheet and cash flow outlook provide a solid foundation for future growth and value creation.

Freeport-McMoRan (FCX) excels in Q2 amidst market growth and operational achievements

Freeport-McMoRan (FCX) reported strong Q2 performance driven by operational excellence and favorable market conditions. Despite challenges like potential disruptions and regulatory uncertainties, the company remains focused on capitalizing on growth opportunities and extending production beyond 2041.

Freeport-McMoRan excels in Q3 with strong copper production and growth initiatives

Freeport-McMoRan's Q3 performance was strong, driven by solid copper production and cost management. Despite challenges like rising costs and geopolitical uncertainties, the company is focused on growth initiatives and financial stability. Opportunities in expanding projects and transitioning to sustainable practices position Freeport for future success.

Freeport-McMoRan excels in Q4 amidst copper demand surge

Freeport-McMoRan's Q4 earnings call highlighted strong performance, market dynamics, and strategic initiatives amidst industry challenges. The company's focus on sustainable production, cost management, and growth opportunities positions it well for future success.

Freeport-McMoRan (FCX) reports strong Q1 results amidst copper market opportunities

Freeport-McMoRan's Q1 2024 performance reflects strength in market conditions, operational successes, and prudent financial management.
Despite challenges like cost overruns and political uncertainties, the company is well-positioned to capitalize on growth opportunities.
Strategic strengths in copper markets, innovation, and operational efficiency support Freeport-McMoRan's positive outlook.
The company's focus on organic growth, technology advantages, and strong relations in key regions underpin its future prospects.

Freeport-McMoRan reports strong Q2 results amidst copper market volatility

Freeport-McMoRan's Q2 2024 performance reflects resilience amidst market challenges. Strategic projects and focus on cost-effective production position the company for long-term success in the evolving copper market landscape.

Freeport-McMoRan reports strong Q3 results, eyes growth opportunities

Overall, Freeport-McMoRan's Q3 performance was robust, driven by strong sales volumes and cost efficiencies. The company's strategic initiatives in organic growth and leach technologies are enhancing value. While facing challenges in capital expenditures and cost reduction, Freeport-McMoRan is well-positioned to capitalize on growth opportunities.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Mining, Indonesia Mining, Molybdenum Mines, Rod and Refining, Atlantic Copper Smelting and Refining, and Corporate and Other. The North America Copper Mines segment operates open-pit copper mines in Morenci, Bagdad, Safford, Sierrita, Miami in Arizona and Chino, and Tyrone in New Mexico. The South America Mining segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Mining segment handles the operations of the Grasberg minerals district that produce copper concentrate containing significant quantities of gold and silver. The Molybdenum Mines segment includes the Henderson underground mine and Climax open pit mine, both in Colorado. The Rod and Refining segment consists of copper conversion facilities located in North America and includes a refinery, and rod mills. The Atlantic Copper Smelting and Refining segment smelts and refines copper concentrate and markets refined copper and precious metals in slimes. The Corporate and Other segment offers other mining and eliminations, oil and gas operations, and other corporate and elimination items. The company was founded by James R. Moffett on November 10, 1987 and is headquartered in Phoenix, AZ.

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced Richard C. Adkerson, Chairman and Chief Executive Officer, has been inducted into the National Mining Hall of Fame in recognition of his contributions to the global mining industry. Adkerson is a long-standing member and past chair of the International Council on Mining and Metals (ICMM), where he has championed initiatives to strengthen environmental and social performance in the mining industry. He is the only person.

Richard C. Adkerson Inducted into the National Mining Hall of Fame

The price of copper is going through some near-term weakness. The medium- to long-term outlook for supply and demand is positive for copper.

1 Unstoppable Stock to Buy for the Clean Energy Transition

Freeport-McMoRan Inc. investors saw a steep collapse in FCX toward its May 2023 lows as buyers fled. The surge in long-term bond yields likely spooked these investors. Recent data from China suggests that the worst may be over for the Chinese economy, which could help lift buying sentiments in industrial metals. FCX's operating performance is closely tied to copper prices, and a long-term uptrend in copper prices is necessary for the company to meet Wall Street's forward estimates.

Freeport-McMoRan: Why It's Time To Buy The Freefalling Shares

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Freeport-McMoRan's shares have fallen to re-test their lows after the third quarter earnings release. The company's long-term bull case is promising due to the increasing demand for copper in the energy transition. However, the current results show suboptimal profits and large capital investment needs, making caution necessary.

Freeport-McMoRan - 2023: A Bit Of A Lost Year

Freeport-McMoRan Inc. (FCX) Q3 2023 Earnings Call Transcript

Freeport's (FCX) third-quarter earnings and sales top estimates on strong copper sales and prices.

Freeport's (FCX) Earnings and Revenues Surpass Estimates in Q3

(Kitco News) - Freeport-McMoRan (NYSE: FCX), one of the world's leading copper and gold producers, announced today that the company produced 1,085 million pounds of recoverable copper in Q3 2023, 3% higher than in Q3 2022 (1,056 million pounds).

Freeport-McMoRan increases copper, gold and moly production in Q3; net income up 12% to $454M

The headline numbers for Freeport-McMoRan (FCX) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Freeport-McMoRan (FCX) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Freeport-McMoRan (FCX) came out with quarterly earnings of $0.39 per share, beating the Zacks Consensus Estimate of $0.32 per share. This compares to earnings of $0.26 per share a year ago.

Freeport-McMoRan (FCX) Tops Q3 Earnings and Revenue Estimates

Freeport-McMoRan Inc (NYSE:FCX) delivered another solid quarter with earnings that exceeded expectations due to higher-than-anticipated copper sales volumes. The US miner outperformed expectations with reported earnings per share (EPS) of $0.39, compared to an estimate and consensus of $0.34.

Freeport-McMoRan beats expectations in 3Q with strong copper sales

PHOENIX--(BUSINESS WIRE)--Freeport-McMoRan Inc. (NYSE: FCX) today announced that it has posted its third-quarter 2023 financial and operating results press release on the Investor Relations page of its website at https://investors.fcx.com/investors/news-releases. As previously indicated on its website, FCX will host a conference call today with securities analysts at 10:00 a.m. Eastern Time to discuss quarterly results. The conference call will be webcast on the Internet along with slides. Inte.

Freeport-McMoRan Third-Quarter 2023 Financial and Operating Results Release Available on Its Website

Freeport-McMoRan Inc (NYSE:FCX) is expected to post third-quarter 2023 earnings per share (EPS) of $0.34 when the company releases its results before the open on October 19, a 31% increase from a year ago, according to Zacks Investment Research.  The big miner's revenue for the period, meanwhile, is anticipated to rise 11% year over year to $5.55 billion, boosted by an improvement in the copper price.

Freeport-McMoRan analysts see 3Q profit surge on higher copper prices

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The September-quarter earnings season continues to pick up speed as the week comes to a close.

American Airlines, AT&T, Freeport-McMoRan to Report Earnings on Thursday Morning

Freeport's (FCX) third-quarter results are likely to have been aided by improved copper prices, efforts to increase mining rates and lower costs.

Freeport (FCX) to Report Q3 Earnings: What's in the Offing?

Freeport-McMoRan (FCX) concluded the recent trading session at $37.15, signifying a -0.38% move from its prior day's close.

Freeport-McMoRan (FCX) Stock Declines While Market Improves: Some Information for Investors

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Freeport-McMoRan's second quarter 2023 results exceeded expectations with a profit of $343 million and adjusted earnings per share of $0.35. Revenues increased by 5.9% year over year to $5,737 million in Q2'23, driven by higher production despite lower copper prices. The company's stock performance has slightly outperformed the COPX ETF, and long-term investment in Freeport-McMoRan is recommended due to its focus on gold and copper mining.

Freeport-McMoRan: Despite Weakness Ahead, The Stock Is Now Attractive

Freeport-McMoRan Inc. has traded in the $30s for several years now, though copper prices could rally due to demand from renewable energy and EVs. Citi analyst forecasts copper prices to reach $15K/ton in 2025, indicating significant upside potential. The stock trades at only 5.5x adjusted EBITDA targets with upside potential from a surge in copper prices.

Freeport-McMoRan: Ride Copper Wave

The global economy faces challenges, including declining manufacturing sentiment and rising inflation, raising concerns about potential stagflation. Freeport-McMoRan remains well-positioned to benefit from long-term secular copper demand growth driven by the energy transition, despite cyclical headwinds in Europe, the U.S., and China. FCX's robust production capabilities, healthy balance sheet, and potential for substantial free cash flow make it an undervalued investment with the potential for significant growth in the long term.

Freeport-McMoRan Stock: Buckle Up For The Copper Surge

The past few months' worth of weakness doesn't represent the metal industry's long-term potential. Adoption of environmentally-friendly energy is driving demand for copper, but even iron will be needed to support new clean-energy infrastructure.

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Copper supply forecasts may be too optimistic, analysts at Jefferies believe. In a note highlighting copper production growth, Jefferies believed that data indicates potential market deficits persisting until at least 2025.

News for Freeport-McMoRan Stock (FCX)