Freeport-McMoRan Inc. | Large-cap | Basic Materials
$45.77
3.90%
| Freeport-McMoRan Stock Comparison:
Freeport-McMoRan vs Southern CopperFreeport-McMoRan vs Hudbay MineralsFreeport-McMoRan vs Ero CopperFreeport-McMoRan vs Ivanhoe ElectricFreeport-McMoRan vs Mac CopperFreeport-McMoRan vs S&P 500 | Market
Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 25.5B
Gross Profit 7.7B 30.09%
Operating Income 6.9B 26.97%
Net Income 4.4B 17.28%
EPS (Diluted) $1.30

Balance Sheet Metrics

Total Assets 54.8B
Total Liabilities 26.1B
Shareholders Equity 28.8B
Debt to Equity 0.91

Cash Flow Metrics

Operating Cash Flow 7.1B
Free Cash Flow 2.4B

Revenue & Profitability Trend

Freeport-McMoRan Income Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Revenue 25.5B 22.9B 22.8B 22.8B 14.2B
Cost of Goods Sold 17.8B 15.7B 15.1B 14.0B 11.7B
Gross Profit 7.7B 7.2B 7.7B 8.8B 2.5B
Operating Expenses 796.0M 935.0M 656.0M 529.0M 579.0M
Operating Income 6.9B 6.2B 7.0B 8.3B 2.0B
Pre-tax Income 6.9B 6.0B 6.7B 7.7B 1.8B
Income Tax 2.5B 2.3B 2.3B 2.3B 944.0M
Net Income 4.4B 3.8B 4.5B 5.4B 865.0M
EPS (Diluted) $1.30 $1.28 $2.39 $2.90 $0.41

Income Statement Trend

Freeport-McMoRan Balance Sheet From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Assets
Current Assets 13.3B 14.1B 15.6B 14.8B 9.3B
Non-Current Assets 41.6B 38.4B 35.5B 33.2B 32.8B
Total Assets 54.8B 52.5B 51.1B 48.0B 42.1B
Liabilities
Current Liabilities 5.5B 5.8B 6.3B 5.9B 3.4B
Non-Current Liabilities 20.6B 19.4B 19.9B 19.1B 20.1B
Total Liabilities 26.1B 25.2B 26.2B 25.0B 23.5B
Equity
Total Shareholders Equity 28.8B 27.3B 24.9B 23.0B 18.7B

Balance Sheet Composition

Freeport-McMoRan Cash Flow Statement From 2020 to 2024

Metric 2024 2023 2022 2021 2020
Operating Activities
Net Income 4.4B 3.8B 4.5B 5.4B 865.0M
Operating Cash Flow 7.1B 5.2B 6.2B 6.4B 2.9B
Investing Activities
Capital Expenditures - - - - 550.0M
Investing Cash Flow -220.0M -132.0M 29.0M 151.0M 1.2B
Financing Activities
Dividends Paid -865.0M -863.0M -866.0M -331.0M -73.0M
Financing Cash Flow -3.3B -2.7B -1.7B -1.6B -179.0M
Free Cash Flow 2.4B 455.0M 1.7B 5.6B 1.1B

Cash Flow Trend

Freeport-McMoRan Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 33.56
Forward P/E 18.95
Price to Book 3.33
Price to Sales 2.36
PEG Ratio 18.95

Profitability Ratios

Profit Margin 7.11%
Operating Margin 22.75%
Return on Equity 14.06%
Return on Assets 7.50%

Financial Health

Current Ratio 2.32
Debt to Equity 32.19
Beta 1.63

Per Share Data

EPS (TTM) $1.22
Book Value per Share $12.31
Revenue per Share $17.28

Peer Financial Comparison

Company Market Cap P/E Ratio P/B Ratio ROE Profit Margin Debt/Equity
fcx 58.8B 33.56 3.33 14.06% 7.11% 32.19
Southern Copper 76.1B 21.03 8.19 41.74% 30.00% 82.68
Hudbay Minerals 3.8B 24.82 1.44 5.99% 7.40% 45.93
Ero Copper 1.6B 87.78 2.29 2.63% 3.86% 92.49
Ivanhoe Electric 1.1B -7.85 3.56 -34.38% 64.91% 25.82
Mac Copper 991.5M -12.27 1.78 -19.84% -23.97% 74.48

Financial data is updated regularly. All figures are in the company's reporting currency.