freeport-mcmoran inc. - FCX

FCX

Close Chg Chg %
37.86 0.26 0.69%

Closed Market

38.12

+0.26 (0.69%)

Volume: 13.09M

Last Updated:

Apr 1, 2025, 3:59 PM EDT

Company Overview: freeport-mcmoran inc. - FCX

FCX Key Data

Open

$38.03

Day Range

37.20 - 38.12

52 Week Range

33.98 - 55.24

Market Cap

$54.41B

Shares Outstanding

1.44B

Public Float

1.43B

Beta

1.71

Rev. Per Employee

N/A

P/E Ratio

29.48

EPS

$1.30

Yield

156.17%

Dividend

$0.15

EX-DIVIDEND DATE

Apr 15, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

18.93M

 

FCX Performance

1 Week
 
-1.46%
 
1 Month
 
2.57%
 
3 Months
 
-0.58%
 
1 Year
 
-19.48%
 
5 Years
 
499.05%
 

FCX Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 24
Full Ratings ➔

About freeport-mcmoran inc. - FCX

Freeport-McMoRan, Inc. engages in the mining of copper, gold, and molybdenum. It operates through the following segments: North America Copper Mines, South America Operations, Indonesia Operations, 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 Operations segment includes Cerro Verde in Peru and El Abra in Chile. The Indonesia Operations 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.

FCX At a Glance

Freeport-McMoRan, Inc.
333 North Central Avenue
Phoenix, Arizona 85004-2189
Phone 1-602-366-8100 Revenue 25.14B
Industry Other Metals/Minerals Net Income 1.88B
Sector Non-Energy Minerals 2024 Sales Growth 10.715%
Fiscal Year-end 12 / 2025 Employees 28,500
View SEC Filings

FCX Valuation

P/E Current 29.484
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 29.223
Price to Sales Ratio 2.189
Price to Book Ratio 3.113
Price to Cash Flow Ratio 7.685
Enterprise Value to EBITDA 8.095
Enterprise Value to Sales 2.83
Total Debt to Enterprise Value 0.137

FCX Efficiency

Revenue/Employee 882,105.263
Income Per Employee 66,070.175
Receivables Turnover 22.014
Total Asset Turnover 0.468

FCX Liquidity

Current Ratio 2.419
Quick Ratio 1.18
Cash Ratio 0.875

FCX Profitability

Gross Margin 28.592
Operating Margin 26.046
Pretax Margin 27.474
Net Margin 7.49
Return on Assets 3.508
Return on Equity 10.988
Return on Total Capital 6.893
Return on Invested Capital 7.122

FCX Capital Structure

Total Debt to Total Equity 55.389
Total Debt to Total Capital 35.646
Total Debt to Total Assets 17.755
Long-Term Debt to Equity 54.599
Long-Term Debt to Total Capital 35.137
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Freeport-mcmoran Inc. - FCX

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
22.36B 23.33B 22.71B 25.14B
Sales Growth
+61.17% +4.37% -2.69% +10.71%
Cost of Goods Sold (COGS) incl D&A
14.07B 15.24B 15.83B 17.95B
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
2.00B 2.02B 2.07B 2.24B
Depreciation
- - - -
-
Amortization of Intangibles
- - - -
-
COGS Growth
+22.71% +8.32% +3.84% +13.43%
Gross Income
8.29B 8.09B 6.88B 7.19B
Gross Income Growth
+244.43% -2.34% -14.98% +4.46%
Gross Profit Margin
+37.07% +34.68% +30.30% +28.59%
2021 2022 2023 2024 5-year trend
SG&A Expense
383.00M 420.00M 479.00M 513.00M
Research & Development
- - - -
-
Other SG&A
383.00M 420.00M 479.00M 513.00M
SGA Growth
+8.19% +9.66% +14.05% +7.10%
Other Operating Expense
91.00M 121.00M 319.00M 127.00M
Unusual Expense
(408.00M) 423.00M (156.00M) (287.00M)
EBIT after Unusual Expense
8.22B 7.13B 6.24B 6.83B
Non Operating Income/Expense
40.00M 146.00M 282.00M 391.00M
Non-Operating Interest Income
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
602.00M 560.00M 515.00M 319.00M
Interest Expense Growth
+0.67% -6.98% -8.04% -38.06%
Gross Interest Expense
674.00M 710.00M 782.00M 710.00M
Interest Capitalized
72.00M 150.00M 267.00M 391.00M
Pretax Income
7.66B 6.71B 6.01B 6.91B
Pretax Income Growth
+326.21% -12.33% -10.56% +15.00%
Pretax Margin
+34.26% +28.78% +26.45% +27.47%
Income Tax
2.30B 2.27B 2.27B 2.52B
Income Tax - Current - Domestic
(372.00M) (264.00M) (190.00M) (38.00M)
Income Tax - Current - Foreign
2.46B 2.23B 2.09B 2.63B
Income Tax - Deferred - Domestic
- 188.00M 155.00M 53.00M
Income Tax - Deferred - Foreign
23.00M 144.00M 320.00M (74.00M)
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
(7.00M) (7.00M) (6.00M) (6.00M)
Consolidated Net Income
5.36B 4.47B 3.75B 4.39B
Minority Interest Expense
1.06B 1.01B 1.90B 2.51B
Net Income
4.30B 3.46B 1.84B 1.88B
Net Income Growth
+621.31% -19.49% -46.78% +2.23%
Net Margin Growth
+19.23% +14.83% +8.11% +7.49%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
4.30B 3.46B 1.84B 1.88B
Preferred Dividends
- - - -
-
Net Income Available to Common
4.30B 3.46B 1.84B 1.88B
EPS (Basic)
2.9325 2.4018 1.2845 1.3095
EPS (Basic) Growth
+614.90% -18.10% -46.52% +1.95%
Basic Shares Outstanding
1.47B 1.44B 1.43B 1.44B
EPS (Diluted)
2.9008 2.3852 1.2765 1.3031
EPS (Diluted) Growth
+611.15% -17.77% -46.48% +2.08%
Diluted Shares Outstanding
1.48B 1.45B 1.44B 1.45B
EBITDA
9.81B 9.57B 8.15B 8.79B
EBITDA Growth
+186.79% -2.45% -14.84% +7.83%
EBITDA Margin
+43.88% +41.02% +35.90% +34.96%

Snapshot

Average Recommendation OVERWEIGHT Average Target Price 48.983
Number of Ratings 24 Current Quarters Estimate 0.425
FY Report Date 06 / 2025 Current Year's Estimate 1.692
Last Quarter’s Earnings 0.245 Median PE on CY Estimate N/A
Year Ago Earnings 1.48 Next Fiscal Year Estimate 2.279
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 11 11 19 19
Mean Estimate 0.43 0.44 1.69 2.28
High Estimates 0.53 0.54 2.27 3.92
Low Estimate 0.31 0.30 1.12 1.49
Coefficient of Variance 17.23 17.18 18.01 26.23

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 13 11 14
OVERWEIGHT 1 1 3
HOLD 9 11 8
UNDERWEIGHT 0 0 0
SELL 1 1 1
MEAN Overweight Overweight Overweight

Insider Actions for Freeport-mcmoran Inc. - FCX

Date Name Shares Transaction Value
Feb 20, 2025 Richard C. Adkerson Chairman of the Board; Director 3,917,866 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 154,638,171.02
Feb 20, 2025 Stephen T. T. Higgins EVP & CAO 133,717 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 5,277,809.99
Feb 20, 2025 Maree Elizabeth Robertson EVP & CFO 93,219 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 3,679,353.93
Feb 20, 2025 Ellie Mikes Chief Accounting Officer 56,917 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 2,246,513.99
Feb 20, 2025 Douglas N. Currault EVP & General Counsel 190,809 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 7,531,231.23
Feb 20, 2025 Kathleen L. Quirk President & CEO; Director 2,152,966 Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $39.47 per share 84,977,568.02
Jun 5, 2024 John J. K. Stephens Director 59,824 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Marcela E. Donadio Director 16,800 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Frances Fragos Townsend Director 119,870 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Sara Grootwassink Lewis Director 26,300 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Robert W. Dudley Director 17,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Ryan M. Lance Director 15,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Hugh M. M. Grant Director 35,642 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Dustan E. McCoy Director 147,400 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 Lydia H. Kennard Director 118,800 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Jun 5, 2024 David P. Abney Director 17,500 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
May 14, 2024 Stephen T. T. Higgins Senior VP & CAO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00
May 14, 2024 Stephen T. T. Higgins Senior VP & CAO 104,377 Open market or private sale of non-derivative or derivative security Non-derivative transaction at $52.03 per share 5,430,735.31
May 14, 2024 Stephen T. T. Higgins Senior VP & CAO 184,377 Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 Non-derivative transaction at $28.14 per share 5,188,368.78
May 14, 2024 Stephen T. T. Higgins Senior VP & CAO N/A Exercise or conversion of derivative security exempted pursuant to Rule 16b-3 0.00

Freeport-Mcmoran Inc. in the News