US stock · Basic Materials sector · Copper
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Freeport-McMoRan Inc.

FCXNYSE

34.77

USD
+1.14
(+3.39%)
Market Closed
14.61P/E
15Forward P/E
0.61P/E to S&P500
49.835BMarket CAP
1.78%Div Yield
Upcoming Earnings
19 Jul-24 Jul
Shares Short
5/15/23
21.51M
Short % of Float
1.51%
Short % of Shares Outs.
1.50%
% Held by Insiders
0.56%
% Held by Institutions
80.60%
Beta
1.99
PEG Ratio
-1.94
52w. high/low
46.73/24.80
Avg. Daily Volume
12.95M
Return %
Stock
S&P 500
1 year
(11.30)
2.12
3 years
277.52
40.04
5 years
103.10
54.55
Scale: |
High
Low
63.62
7.85
43.67
10.58
60.39
28.36
61.34
28.85
48.96
30.54
38.00
26.37
39.32
20.94
23.97
6.08
16.42
3.52
19.45
11.05
20.25
9.60
14.68
8.43
26.83
4.82
46.10
24.71
51.99
24.80
46.73
33.05
Currency: USD
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
TTM
Revenue per share
24.84
23.29
18.16
20.72
22.05
18.98
20.88
20.63
14.67
11.25
11.34
12.86
9.93
9.74
15.56
15.81
15.03
Earnings per share
4.37
(14.49)
3.32
4.73
4.82
3.20
2.65
(1.22)
(11.27)
(3.27)
1.26
1.80
(0.16)
0.41
2.93
2.41
2.38
FCF per share
6.55
0.87
3.39
5.31
4.31
0.30
0.85
(1.52)
(2.90)
0.69
2.26
1.31
(0.81)
0.72
3.81
3.57
0.44
Dividends per share
0.87
1.24
0.28
1.07
1.92
1.19
2.28
1.26
0.56
0.00
0.00
0.15
0.20
0.05
0.23
- -
0.60
CAPEX per share
2.57
3.54
1.92
1.54
2.68
3.68
5.28
6.94
5.87
2.13
0.97
1.36
1.83
1.34
1.44
- -
2.70
Book Value per sh.
26.74
7.56
11.01
13.65
16.52
18.49
20.89
17.60
7.23
4.59
5.51
6.76
6.41
6.98
9.52
10.79
10.71
Comm.Shares outs.
682
764
828
916
947
949
1,002
1,039
1,082
1,318
1,447
1,449
1,451
1,458
1,468
1,441
1,435
Avg. annual P/E ratio
9.3
(2.8)
8.1
8.5
9.9
11.9
12.3
(26.9)
(1.4)
(3.2)
11.2
8.6
(68.2)
33.2
12.2
15.4
14.6
P/E to S&P500
0.5
(0.1)
0.1
0.4
0.6
0.8
0.7
(1.5)
(0.1)
(0.1)
0.5
0.3
(2.8)
0.9
0.4
0.7
0.6
Avg. annual div. yield
2.1%
3.1%
1.0%
2.6%
4.0%
3.1%
7.0%
3.8%
3.6%
0.0%
0.0%
1.0%
1.8%
0.4%
0.6%
- -
1.7%
Revenue (m)
16,939
17,796
15,040
18,982
20,880
18,010
20,921
21,438
15,877
14,830
16,403
18,628
14,402
14,198
22,845
22,780
21,566
Operating margin
38.7%
(71.4)%
43.2%
47.8%
43.8%
32.3%
25.6%
0.5%
(84.3)%
(18.8)%
22.1%
25.5%
7.6%
17.2%
36.6%
30.9%
26.9%
Depreciation (m)
1,264
1,899
1,137
1,128
- -
- -
- -
- -
- -
- -
- -
- -
- -
1,528
1,998
2,019
2,603
Net profit (m)
2,977
(11,067)
2,749
4,336
4,560
3,041
2,658
(1,268)
(12,195)
(4,315)
1,817
2,602
(239)
599
4,306
3,468
3,410
Income tax rate
39.1%
21.4%
39.7%
35.0%
35.0%
27.5%
30.0%
(76.4)%
13.8%
(10.7)%
30.4%
25.5%
166.7%
52.5%
30.0%
33.8%
35.2%
Net profit margin
17.6%
(62.2)%
18.3%
22.8%
21.8%
16.9%
12.7%
(5.9)%
(76.8)%
(29.1)%
11.1%
14.0%
(1.7)%
4.2%
18.8%
15.2%
15.7%
Working capital (m)
2,034
2,075
4,431
6,088
7,107
6,954
5,199
3,873
3,155
6,170
5,741
7,391
4,706
5,886
8,938
9,268
9,465
Long-term debt (m)
7,180
7,284
6,330
4,660
3,533
3,525
20,394
18,492
19,779
14,795
11,703
11,124
9,821
9,677
9,359
9,583
9,586
Equity (m)
18,234
5,773
9,119
12,504
15,642
17,543
20,934
18,287
7,828
6,051
7,977
9,798
9,298
10,174
13,980
15,555
16,057
ROIC
9.2%
(55.5)%
15.9%
21.4%
19.7%
12.1%
6.0%
(1.1)%
(30.5)%
(11.8)%
8.4%
11.0%
(2.0)%
3.4%
15.2%
11.8%
8.3%
Return on capital
13.6%
(60.5)%
23.2%
28.5%
27.3%
15.0%
7.9%
(0.6)%
(31.8)%
(9.3)%
10.3%
13.3%
2.7%
6.4%
18.5%
15.1%
11.4%
Return on equity
16.3%
(191.7)%
30.1%
34.7%
29.2%
17.3%
12.7%
(6.9)%
(155.8)%
(71.3)%
22.8%
26.6%
(2.6)%
5.9%
30.8%
22.3%
21.2%
Plowback ratio
80.0%
108.6%
91.7%
77.4%
60.2%
62.9%
14.2%
202.9%
105.0%
100.1%
99.9%
91.6%
221.8%
87.8%
92.3%
100.0%
78.4%
Div.&Repurch./FCF
(112.1)%
- -
(18.2)%
20.2%
44.4%
403.2%
294.1%
- -
- -
- -
0.1%
(173.5)%
- -
6.9%
14.6%
26.2%
264.5%
Capital Structure
31 Mar · 2023 | Q1
All numbers in millions
Total liabilities
$ 25,261
Total assets
$ 50,909
Long-term debt
$ 9,586
Cash and equiv.
$ 6,852
Goodwill
$ - -
Retained earnings
$ (3,244)
Common stock
1,433
Enterprise Value
$ 52,569
Working Capital
Currency: USD, in millions
2020
2021
2022
Cash & Investments
3,657
8,068
8,146
Receivables
1,412
1,742
1,336
Inventory
3,893
4,497
- -
Other
341
4,934
10,620
Current assets
9,303
14,830
15,613
Acc. Payable
1,473
2,035
- -
Debt due
72
410
1,037
Other
1,872
3,447
5,308
Current liabilities
3,417
5,892
6,345
Annual growth rates
(avg. rate of change)
1 year
5 years
10 years
Revenue
(0.28)%
9.13%
3.40%
Cash flow
(8.23)%
17.49%
(3.57)%
Earnings
(19.46)%
34.90%
76.68%
Dividends
- -
- -
- -
Book value
11.27%
13.25%
1.68%
Insider Trading
Type
Shares
Date
Lewis Sara Grootwassink
Purchase
4,000
05/12/23
Stephens John Joseph
Award
458
04/01/23
Grant Hugh
Award
763
04/01/23
Adkerson Richard C
Gift
13,110
03/11/23
Mikes Ellie L.
Exempt
6,667
03/01/23
Quarterly Revenue
Currency: USD, in millions
Year
1Q
2Q
3Q
4Q
Total
2021
4,850
5,748
6,083
6,164
22,845
2022
6,603
5,416
5,003
5,758
22,780
2023
5,389
- -
- -
- -
- -
Earnings per share
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
0.49
0.74
0.95
0.92
3.10
2022
1.06
0.58
0.38
0.68
2.71
2023
0.72
- -
- -
- -
- -
Quarterly dividends paid
Currency: USD
Year
1Q
2Q
3Q
4Q
Total
2021
- -
0.08
0.07
0.08
0.23
2022
0.15
0.15
0.15
0.15
0.60
2023
0.15
- -
- -
- -
- -
Company Description
Sector:
Basic Materials
Industry:
Copper
CEO:
Mr. Richard C. Adkerson
Full-time employees:
25,600
City:
Phoenix
Address:
333 North Central Avenue
IPO:
May 5, 1988
Website:
Freeport-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.
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